September 10, 2014 BY Mike Fox

ABN AMRO clearing hires Noel Singh to strengthen Forex product offering

ABN AMRO Clearing has recruited Noel Singh for a new role FX Product Manager, responsible for developing international expansion opportunities for the firm’s currency offering, as well as strengthening internal processes, procedures and risk controls. Mr. Singh was previously Head of FX Prime Brokerage at SEB Merchant Bank AB and has extensive experience in both FX products and…

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September 09, 2014 BY Gerald Segal

Zulutrade fined $150,000 by the CFTC for taking clients from Iran, Sudan and Syria

The CFTC has announced a settlement with social trading giant Zulutrade, whereby Zulutrade will pay a fine of $150,000 and repay commissions earned of $80,000. The settlement involve charges that from 2010 to 2013 Zulutrade failed to follow procedures for screening clients from the U.S. Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) targeted countries.…

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September 09, 2014 BY Mike Fox

"Crypto Markets & Technology" launches to cover institutional trading of Bitcoin and other digital currency

Crypto Markets & Technology, a new digital currency e-mag officially launched today following a summer-long beta roll-out. The publication was founded by Pete Harris, a veteran financial technology journalist and publisher. Updated continuously, Crypto Markets & Technology follows the movements by Wall Street firms - broker/dealers, exchanges and investment funds - to embrace Bitcoin as…

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