March 11, 2014 BY Andrew Saks-McLeod
e-Algo LLC Hits The Market With David Lyon At The Helm
Former Marold Capital Management Director of Research & Development founds e-ALGO LLC in US
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March 11, 2014 BY Andrew Saks-McLeod
Santander GBM Executive Marco Pelizzoli Promoted To Global Head of FX Trading
FX industry senior executive Marco Pelizzoli to head FX division of European banking conglomerate as next step in 25-year career European banking corporation Santander GBM last week appointed its former Global Head of e-Commerce Marco Pelizzoli to the position of Global Head of FX Trading. Mr. Pelizzoli joined Santander GBM in 2009 after a four-year…
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March 10, 2014 BY Gerald Segal
SpotOption branches out, introduces Forex platform
The leading Binary Options platform provider aims to take binaries' simplicity to the Forex world. Binary options platform provider SpotOption has announced the introduction of a new product and market for the company -- Forex. We can't say we're surprised, as those who follow LeapRate know that we've recently seen leading forex platform providers such as…
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March 10, 2014 BY Andrew Saks-McLeod
US and Japan To Cooperate in Oversight Of Regulated Brokers
Commodity Futures Trading Commission and Japanese Financial Services Agency Sign Memorandum of Cooperation Today, leaders of the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Services Agency of Japan (JFSA) signed a Memorandum of Cooperation (MOC) regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on…
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March 10, 2014 BY Andrew Saks-McLeod
LCH.Clearnet Makes Further Expansion To SwapClear Service
Electronic trade clearing house LCH.Clearnet has today announced that it has expanded its compression offering to include multilateral compression via its interest-rate derivatives clearing service, SwapClear Multi compression is now congruent to SwapClear’s existing Solo and Duo compression capabilities and enables multiple members to simultaneously compress their trades with each other, representing the latest corporate…
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March 10, 2014 BY Andrew Saks-McLeod
Boston Technologies Goes Institutional With Opening of New York Office
Boston Technologies has set its sights on home ground by announcing the opening of an office in New York on Wednesday last week - CEO George Popescu elaborates The company's New York operations is situated within close proximity to the New York Public Library and Bryant Park, ensuring a prominent location in the New York…
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March 10, 2014 BY Gerald Segal
PFSOFT introduces a start-your-own-Bitcoin-exchange platform product
Protrader Exchange Solution provides all the needed components to launch and manage a crypto-currency exchange. Financial platform provider PFSOFT, maker of the Protrader multi-asset trading platform, has introduced a new product called Protrader Exchange Solution. Protrader Exchange Solution is an end-to-end commercial exchange solution available for crypto-currency and derivative trading. The new offering provides all the needed components…
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March 10, 2014 BY Andrew Saks-McLeod
Baltic FX Stability Displayed As Russia & Eastern Europe Strengthen
FX companies in Eastern Europe hopeful for steady growth in Russia and the CIS region Unencumbered by the imminent regulatory restructure in the form of MiFID II and EMIR, FX firms which operate from European jurisdictions outside of the European Union have thus far had a free reign to capitalize on the ever-increasing prominence of…
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March 10, 2014 BY Andrew Saks-McLeod
GAIN Capital Releases Monthly Metrics For February 2014 - 20.3% Down MoM
GAIN Capital has today released its monthly operating metrics for the month of February 2014 - slowdown across the board GAIN Capital has experienced a considerable downturn in trading volumes during February this year, indicating a 20.3% decrease in retail OTC trading from January 2014 at $169.3 billion, although when compared to the same period one…
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March 10, 2014 BY Gerald Segal
CySEC fines OptionBit parent €5,000 for offenses prior to being regulated
OptionBit parent Novox Capital Ltd received CySEC license in early February, offenses were in late 2012. Cyprus financial regulator CySEC handed out what amounts to a slap on the wrist to binary options broker OptionBit, a Tradologic brand, for offering binary options trading services back in 2012, before it held a CySEC CIF license. The…
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