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…
Read moreLab49 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…
Read moreSwitzerland’s competition commission has launched an investigation into eight domestic and international banks The worldwide forex rigging saga marches on...Switzerland's competition commission Wettbewerbskommission known by the German-language acronym (WEKO) said on Monday it had opened an investigation into several Swiss, British and U.S. banks over potential collusion to manipulate foreign exchange rates. A preliminary investigation,…
Read moreCFH is aiming to become the leading technology provider for the Turkish Regulated FX market In a press release issued Monday, we learned CFH Clearing Limited (formerly known as CFH Markets Limited) announced ClearVision is now fully compliant with Turkish regulation. This latest technological development is a key milestone for CFH Clearing, which is aiming…
Read moreNew Zealand regulator launching active investigation into the currency trading market We learned on Monday that New Zealand's Commerce Commission is investigating the foreign exchange market, amid a global inquiry into alleged manipulation of currency rates. This comes on the back of an announcement by The Australian Securities and Investment Commission, when they joined the…
Read moreInteresting results from recent Tibco-sponsored survey on FX trading practices In a piece by Jake Thomases in Sell-Side Technology, he notes an overview from a panel of forex practitioners which analyzed the results from a recent Tibco-sponsored survey on FX trading practices. Tibco software confirmed what we already know, that a high percentage of FX…
Read moreExtends 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…
Read moreCoincides 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…
Read moreSochi Olympics + Muted Volatility = A Slow But Steady February in FX Trading. After beginning 2014 with a bang in January, with retail FX trading volumes posting their second best ever result at $322 billion ADV, the industry saw something of a slowdown in February, although all in all it was still a decent…
Read moreLast year, the CFTC approved rules to better protect customers of futures brokers In a stiff ruling and making an example of some sloppiness at the bank, the CFTC penalized Morgan Stanley Smith Barney LLC. The unit, a registered Futures Commission Merchant (FCM) of the bank was fined for violating CFTC rules governing secured funds…
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