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Home › Archives for Andrew Saks-McLeod › Page 140

Andrew Saks-McLeod
LeapRate Analyst
December 12, 2014 BY Andrew Saks-McLeod

FXCM Chief Dealer William Ahdout disposes of $1.25 million in company stock

William Ahdout has sold 75,000 ordinary shares in FXCM, leaving 2.8 million in his possession, whilst General Counsel David Sassoon exercises 1,750 shares as part of his options, and sells 1,750 shares on the open market

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December 11, 2014 BY Andrew Saks-McLeod

Thomson Reuters FXall spot volumes down 11.7% to $120 billion in November

For the month of November, Thomson Reuters’ combined monthly average daily FX volumes took a 7.4% downturn compared with October, with spot FX ADV down 11.7%. Close rivalry with peer EBS continues, with EBS volumes having also dropped by 5% in November.

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December 11, 2014 BY Andrew Saks-McLeod

Russia says it is not just fraudulent brokers to look out for, it can be traders too

Russia's commission for regulation of financial markets warns that trader scams are not rare occurrences, listing the most popular types of such misconduct, including misuse of bonus funds, abuse of referral programs, swap-fees and payment fraud, irregularities related to account opening and auto-trading arbitrage...

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December 11, 2014 BY Andrew Saks-McLeod

Microsoft begins accepting Bitcoin from American customers

Microsoft products including apps, games, and other digital content from Windows, Windows Phone, Xbox Games, Xbox Music, or Xbox can now be purchased from accounts funded by Bitcoin

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December 11, 2014 BY Andrew Saks-McLeod

Spotware Systems adds Fair Stopout function to cTrader platform

"cTrader's new stop-out method protects trader margins and increases the lifespan of a trader's balance. The rudimentary process used by some other outdated platforms is to liquidate positions once stop-out levels are reached starting with the most unprofitable position." - Alexander Strelnikov, Spotware Systems

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December 11, 2014 BY Andrew Saks-McLeod

LeapRate Daily FX Industry Catch Up: Presented by Dukascopy TV

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December 11, 2014 BY Andrew Saks-McLeod

LMAX Exchange joins 11 firms in British Future Fifty program

Britain's financial technology sector is increasing its scope, with LMAX Exchange part of the Future Fifty program established by Tech City UK, the publicly funded Silicon Roundabout entity which continues George Osborne's initiative to establish London as a haven for modernity in financial services solutions

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December 11, 2014 BY Andrew Saks-McLeod

Benjamin Lawsky puts Barclays and Deutsche Bank FX algorithms under the microscope

New York State Superintendent of Financial Services Benjamin Lawsky may have uncovered evidence that Barclays and Deutsche Bank used automated systems to manipulate FX rates

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December 11, 2014 BY Andrew Saks-McLeod

FINRA appoints former Executive Vice President of NYSE as Floor Member Governor

Joseph M. Mecane has been appointed Floor Member Governor on FINRA's Board of Governors. Mr. Mecane is currently a Managing Director of Electronic Equities and Credit Products at Barclays, and previously served as EVP at NYSE

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December 11, 2014 BY Andrew Saks-McLeod

CME Group declares annual variable dividend of $2.00 per share

The annual variable dividend of $2.00 per share to be paid in January 2015 totals more than $673 million.

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