October 30, 2014 BY Gerald Segal

Breaking Forex News - KCG looking to sell Hotspot FX

LeapRate Exclusive... We've speculated a number of times since Knight Capital's merger with Getco in mid 2013 to form KCG (e.g. see here), that KCG was likely to put Hotspot FX up for sale at some point to focus on its core equity market making businesses. And it seems as though we were right - KCG…

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October 30, 2014 BY Andrew Saks-McLeod

Switzerland's regulator overhauls enforcement policy, takes new view toward communication

The Swiss Financial Market Supervisory Authority FINMA has updated its policy on enforcement, while also issuing a new policy on communication. Whereas the enforcement policy indicates when FINMA takes enforcement action to investigate breaches of supervisory law, the policy on communication sets out the criteria under which FINMA informs the public about its supervisory activity.…

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