How low can you go? Pontus Networks case study shows how latency can be reduced 20 x
Pontus Networks conducted a study in latency reduction, establishing how FX trade execution can be accelerated exponentially with the use of three components.
Read moreFCA publishes rules on fees and levies - brokers and dealers may see reduced burden
British financial markets regulator the Financial Conduct Authority has published rulings on its annual funding requirements from market participants, displaying how fees from each sector will fund the authority.
Read moreTrading systems provider Horizon Software sucessfully enters China's mainland
Western company Horizon Software yesterday became the first vendor to offer an options trading system in China's mainland
Read moreDigital marketing company Matomy revives IPO at a lower valuation
Matomy Media Group has advised investors in London during the past few days that it will raise $75 million at a company value of $350 million, highlighting the success of Israel's network of firms providing service to the FX industry.
Read moreTuesday: US Government looks to ICE Chairman to testify on market structure
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced Monday that ICE Chairman and CEO Jeffrey Sprecher will appear before the U.S. Senate Banking, Housing and Urban Affairs Committee Tuesday to participate on an equity market structure panel. The hearing is scheduled for 10 am ET on Tuesday, July 8 in room 538 of the Dirksen Senate Office Building and the…
Read moreBank of Communications designated as clearing bank for won-yuan trading
The Bank of Korea said the People’s Bank of China has appointed the Bank of Communications Ltd. as a clearing bank for the direct won-yuan trading in Korea, which we reported on last week. Bank of Communications was founded in 1908, and is one of the largest banks in China. Chinese President Xi Jinping and his…
Read moreFrankfurt’s establishment as offshore clearing hub for RMB a huge boost to European corporations says Commerzbank
Frankfurt’s establishment as one of the Eurozone’s first offshore clearing hub for RMB trade settlement along with the city of London will be a huge boost to European corporations trading with China, especially those that are mid-sized, a senior Commerzbank official says. Frank-Oliver Wolf, Global Head of Cash Management and International Business at Commerzbank, comments: “The…
Read moreUS Retail Forex Industry recovers in May, client assets up 1%
After hitting rock bottom in April with a multi-year low reported in client assets, US retail forex brokers recovered somewhat in May to post a 1% overall increase in assets held to just a shade under $600 million. US forex sector leader FXCM increased its lead over rivals Gain Capital (Forex.com) and Oanda, formally absorbing…
Read moreRussian self-regulatory authority states that FX market regulation in Russia should be bilateral
Russian self-regulatory authority TSRFIN states that if FX is to be regulated, it should be via combined effort between professional market participants and the central bank.
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