The CFTC now permits foreign-domiciled IBs to file audited and unaudited accouns, as applicable, using local accounting principles in effect where the IB is domiciled in lieu of U.S. Generally Accepted Accounting Principles or International Financial Reporting Standards.
Read moreSpot volume at Thomson Reuters during December reduced from $120 billion in November to $106 billion, emphasizing the level-pegged competition between Thomson Reuters and rival EBS
Read moreEXNESS will cover negative balances caused by the recent black swan event concerning the Swiss franc. The firm's statement confirms that balances affected will be compensated so as to bring Equity to $0. EXNESS also confirms that it always automatically compensates for negative balances in client accounts
Read moreFollowing a seven year tenure at Saxo Bank, Morten Fillipsen has branched out, founding Juno Markets which concentrates on the Asia Pacific region, and assuming the position of co-CEO
Read morePepperstone ceases to offer Danish Krone and Hong Kong Dollar, as the firm's liquidity providers are no longer able to provide liquidity on pegged currency pairs
Read moreTwo days after the CFTC provided authorization for US traders to gain direct access to the Tokyo Commodities Exchange, the regulatory authority has now provided two orders, allowing US traders to execute trades on Singapore Exchange Derivatives, and Bursa Malaysia Derivatives
Read moreCompagnie Financiere Tradition has reported consolidated revenue of CHF 214.2m in the fourth quarter 2014, up 6.2% in constant currencies from the equivalent quarter last year. The Group’s consolidated adjusted revenue was CHF 229.8m, up 7.8% at constant exchange rates with IDB up 7.0% and Non-IDB up 41.3%
Read moreLondon Capital Group's Executive Chairman Charles-Henri Sabet has increased his personal stake in the company to 3.04%
Read moreCiting the withdrawal of market making or custodial services in HK Dollar and Danish Krone by many market participants as the main factor, AxiTrader will cease to offer these instruments as of Friday, January 30
Read moreAmong common questions are matters relating to client funds, to which KPMG has stated that client money held in segregated accounts, and that where there are sufficient funds to repay all eligible clients in full, these funds will be returned to clients
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