March 30, 2014 BY Andrew Saks-McLeod

CFTC spares Singapore Exchange's clearing division an enforcement - but for how long?

The global drive among national regulators to work together toward standardizing trade clearing methodology continues, as the CFTC defers enforcement action against SGX-DC The US Commodity Futures Trading Commission's Division of Clearing and Risk (DCR) issued a time-limited no-action letter to the Singapore Exchange Derivatives Clearing Limited (SGX-DC) on Friday last week, as Singapore readies…

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March 28, 2014 BY Gerald Segal

CoreOne Technologies Selects Equinix to Support Asia-Pacific Expansion

Extends delivery of its services in the region via Platform Equinix in Singapore On Thursday March 27th in an official press release, CoreOne Technologies announced they have deployed with Equinix, Inc. in one of its International Business Exchange(TM) (IBX(R)) data centers in Singapore (SG2). The deployment will enable CoreOne Technologies to offer its VistaOne information…

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March 28, 2014 BY Andrew Saks-McLeod

Russia's Sperbank CIS to automate FX transactions for commercial clients

Corporate demand among Russian companies wishing to do business overseas has led to Sperbank CIS's imminent launch of corporate FX marketplace via open platform Russian financial market participants are portraying an increasing will to provide institutional trading facilities overseas via connectivity of Moscow's executing venues to global liquidity pools, as well as the national government's…

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March 28, 2014 BY Gerald Segal

USA financial firms have increased spending on systemic risk mitigation

Coincides with ease in fears of a systemic risk event happening in the next 12 months   A recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation. With new regulations being implemented across the board and financial firms…

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March 27, 2014 BY Andrew Saks-McLeod

Collaboration eh? CFTC enters into MoU with five Canadian regulatory authorities

US CFTC to collaborate with Canadian provincial regulators in order to enhance supervision of cross-border regulated entities The United States is regarded among the vast majority of electronic trading companies from retail FX brokers to the long-established and steadfast institutional trading desks of Chicago as being the most stringent and well-organised jurisdiction when it comes…

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March 27, 2014 BY Gerald Segal

New Binary Option Trading Platform Takes Bitcoin-Only Payments

Beta website for nine different binary options, including gold, silver and crude oil, plus six foreign exchange pairs Bitcoin ONLY! That is the terms of service of new binary option trading platform UpDown. A few online gaming and sportsbooks accepting Bitcoin have popped up since the digital currency went into the mainstream consciousness. However, the…

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March 27, 2014 BY Andrew Saks-McLeod

Deltix and CitiFX TradeStream team up for algo research and execution solution

Software company Deltix joins forces with Citi to provide integrated algo-trading solution for research and automated execution of FX Despite the European Parliament's openly adverse view toward algorithmic and high frequency trading (HFT) among institutions across the continent, North America's technology firms and fiscal authorities show no sign of halting their increasing will to refine…

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