Australia’s Yieldbroker Pty gets exemption from SEF license extended until mid-August LeapRate

May 15, 2014 BY Mike Fox

Australia’s Yieldbroker Pty gets exemption from SEF license extended until mid-August

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced the issuance of a no-action letter extending the conditional time-limited relief provided in CFTC No-Action Letter No. 13-76 for Australian-based trading platform Yieldbroker Pty Limited (Yieldbroker). This is no surprise here as authorities across Europe and the United States have been lenient…

May 15, 2014 BY Andrew Saks-McLeod

Big Brother watches over exchange-based FX trading as NASDAQ OMX invokes SMARTS

NASDAQ OMX concentrates its efforts further on exchange-based FX as SMARTS surveillance system implemented in order to monitor against possible rate fixes.

May 15, 2014 BY Andrew Saks-McLeod

London Stock Exchange fiscal 2014 Revenues up 50% thanks mainly to LCH.Clearnet acquisition

LCH.Clearnet cost savings lead the way to efficiency as revenues increased by 50% at London Stock Exchange for year ending March 31, 2014 compared with last year, dividend increased despite 12% fall in profit.

May 15, 2014 BY Andrew Saks-McLeod

Caveat Emptor! CySec warns potential investors about unregulated binary options brand

Cypriot regulator CySec has published a notification that www.callandput.com provides binary options trading to retail clients and is not regulated in Cyprus

May 15, 2014 BY Andrew Saks-McLeod

CitiFX TradeStream undeterred by European algo regulations as it partners with ForexInnovation

ForexInnovation and CitiFX TradeStream to partner on Institutional MT4 Algo-trading solutions

May 14, 2014 BY Andrew Saks-McLeod

FX software and consulting firm TwoFour recorded record growth during 2013

TwoFour's expansion of reach across the Americas and the Antipodean region contributed toward a strong year, with strategic hires in Europe and North America as the company grows in size

May 14, 2014 BY Andrew Saks-McLeod

Credit Suisse waves goodbye to Head of Spot FX Danny Wise as axe swings over bank FX desks in London

Danny Wise, along with five other key members of Credit Suisse's FX operations have been given their cards as the bank engages in cost-cutting measures.

May 14, 2014 BY Andrew Saks-McLeod

The appliance of computer science! cAlgo integrates with Microsoft Visual Studio

Innovative algorithmic trading platform cAlgo is now integrated with Microsoft Visual Studio in order to provide ability to apply changes directly to cAlgo from Visual Studio.

May 14, 2014 BY Andrew Saks-McLeod

After 30 years at Société Générale, industry veteran Marc Breillout takes on non-executive directorship at Sucden Financial

Sucden Financial today announced that it has appointed Marc Breillout as non-executive director, with CEO Michael Overlander stating that he "will enhance the strength and dynamics of the executive team."

May 14, 2014 BY Andrew Saks-McLeod

CySec issues €10,000 penalty to AFX Capital Markets for compliance irregularities

CySec hands diminutive fine to AFX Capital Markets for series of operational transgressions which came to the regulator's attention subsequent to a compliance inspection in February 2013.