April 01, 2014 BY Gerald Segal

IG Index has deployed FioranoMQ from Fiorano Software

Replaces IBM MQ with faster, more robust JMS system Fiorano Software, a leader in enterprise integration middleware solutions, announced that FioranoMQ has been deployed at IG Index, the UK's number one financial spread betting and Forex services provider. Real-time enablement of multiple internal processes, reduced latencies, the addition of new business functionality and improvements in…

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April 01, 2014 BY Gerald Segal

ICAP Expects Annual Results In Line With Consensus Forecast

Announces its trading update ahead of the close period for the full year ending 31 March 2014 ICAP Plc (IAP), the world’s largest broker of transactions between banks unveils in an official news release that overall trading activity levels in the Global Broking division have declined consistent with general market trends since the time of…

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April 01, 2014 BY Andrew Saks-McLeod

Moscow Exchange signs cooperation agreement with KRX Korea Exchange as it broadens its horizons

Russia's advanced executing venue looks to the Far East for cooperation between venues on financial market development Making headway among executing venues in rapidly emerging markets is Russia's Moscow Exchange (MOEX.ME) which has risen to prominence during the course of the last year as a result of a number of factors, including the direct connectivity provided…

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March 31, 2014 BY Gerald Segal

IPO fever continues - SafeCharge raises $126 million

Teddy Sagi's SafeCharge raises $126m on AIM iGaming affiliate XLMedia upsized their IPO last week on the London Alternative Investment Market (AIM). Now it is payment clearing company SafeCharge’s turn. SafeCharge has become one of Europe's leading clearing companies, with a focus, for now at least, on the gaming industry as well as online trading…

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March 31, 2014 BY Andrew Saks-McLeod

CFTC and OFR Sign Memorandum of Understanding to Improve Data Quality

America's will to continue its widely recognized high level of consumer protection continues in form of joint project on data from swap repositories The Commodity Futures Trading Commission (CFTC)'s Acting Chairman Mark Wetjen and Office of Financial Research Director Richard Berner today announced a Memorandum of Understanding on the terms and conditions for the CFTC…

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March 31, 2014 BY Andrew Saks-McLeod

LeapRate Fraud Watch: $5.75 million civil penalty issued to Florida FX fraudsters

Queen Shoals Consultants, Gary D. Martin, and Brenda K. Martin Charged by CFTC for misappropriating client funds to convicted Ponzi scheme operator and extorting bogus referral fees The U.S. Commodity Futures Trading Commission (CFTC) has today announced that it has obtained a federal court supplemental consent Order requiring Defendants Gary D. Martin and Brenda K.…

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March 31, 2014 BY Gerald Segal

EBS launches ‘Watch EBS’, a mobile app for the spot FX market

The Watch EBS app features real-time spot FX, precious metals and NDF rates from the EBS Market platform – widely recognised as the industry reference rate EBS, ICAP's market-leading electronic FX business, announced today in an official news release that it is launching ‘Watch EBS’, a new mobile application that gives customers an up-to-date overview…

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March 31, 2014 BY Gerald Segal

Lab49 partners with UBS for SDP Neo

Lab49 is pleased to announce its involvement as a partner in the development of the UBS Neo platform A press release issued by UBS on Monday revealed they are working with Lab49 on their next generation single bank platform. We mentioned in a posting earlier today how British financial services companies are committed to investment…

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March 31, 2014 BY Andrew Saks-McLeod

Unified global FX market a step closer? ODRG report details issues relating to cross-border ruling

International law makers issue report on cross-border issues on OTC derivatives following G20 summit during which widespread agreement was reached The European Securities and Markets Authority (ESMA) continues to demonstrate its commitment to participation in the worldwide governmental effort to ensure compatibility between all financial markets worldwide with regard to the regulatory oversight of OTC…

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