July 07, 2014 BY Mike Fox
Trad-X US dollar swaps volumes top USD 50 billion to hit record high for June
Huge leap in electronic trading volumes in USD interest rate swaps
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July 07, 2014 BY Andrew Saks-McLeod
IG Group sees US mutual fund manager Mass Financial pick up 10% stake
As interest from global financial institutions in FX firms continue, USUS mutual fund management firm Mass Financial acquires 10% share in UK-based IG Group
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July 07, 2014 BY Andrew Saks-McLeod
ADS Securities appoints ex Alpari executive to senior compliance position
Following senior compliance positions at New York's GAIN Capital and Alpari's US division, Jennifer Granholm is promoted to Senior VP of Compliance and MLRO at Emerati firm ADS Securites
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July 07, 2014 BY Andrew Saks-McLeod
EU opposes Switzerland and hits Bitcoin, instructs banks to avoid the virtual currency
EU Financial Services Commissioner Michel Barnier believes the potential for money laundering and terrorist financing is too serious to ignore
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July 04, 2014 BY Mike Fox
MQL5.com reveals freelance developers' sources of income
On MQL5 Freelance Service fourth birthday, they have showed off an info-graphic demonstrating the service results for the entire time of its existence...
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July 04, 2014 BY Andrew Saks-McLeod
Plus500 - institutions continue to buy as analysts remain bullish
A secure path ahead for Plus500 heralded by JP Morgan's continued interest in acquiring an incrementally higher stake, and with Odey Asset Management now holding above 10% share in Plus500, placing 25% of the company with two global institutions.
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July 04, 2014 BY Andrew Saks-McLeod
ASIC gets tough on unregulated FX business: Takes a stand by shutting firm down
Australia's national financial regulator has obtained a court order against unlicensed FX firm which promised "quick executions, low spreads, and intelligent customer-service", but withheld profits from clients. With the firm now closed by ASIC, the investigation continues.
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July 04, 2014 BY Andrew Saks-McLeod
Barclays Chairman Sir David Walker warns against Forex industry over-regulation
Barclays Chairman has established a compliance academy in conjunction with Cambridge University, believing that internal procedure and corporate responsibility is a better approach to good conduct within major FX dealers as opposed to draconian regulation.
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