September 23, 2014 BY Mike Fox
Goldman Sachs European spot FX trading head departs
Mitesh Parikh's exodus to join a hedge fund is believed to be unrelated to global probe of FX markets...
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September 23, 2014 BY Mike Fox
SunGard reveals key requirements to help growth in the Islamic banking industry
New research undertaken by SunGard, one of the world’s leading software and technology services companies, has identified key requirements to support the growth of the Islamic banking industry. The survey also highlights the most important challenges faced by industry professionals today. SunGard surveyed 50 banking executives based in the UAE, Saudi Arabia, Qatar and Kuwait.…
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September 23, 2014 BY Mike Fox
Barclays fined £38 million for putting £16.5 billion of client assets at risk
This is the highest fine ever imposed by the FCA or its predecessor the FSA for client assets breaches, reflecting ‘significant weaknesses’ in the systems and controls in Barclays’ Investment Banking Division between November 2007 and January 2012 and the number of affected accounts.
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September 23, 2014 BY Mike Fox
Swissquote Daily Technical Report: AUD/USD - The support at 0.8891 has been breached
In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for AUD/USD and EUR/GBP. To view and download the entire report, click here (PDF). AUD/USD: The support at 0.8891 has been breached • AUD/USD has breached the support at…
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September 22, 2014 BY Mike Fox
B-next launches analysis tool for forex trading
CMC:Benchmark Fixing Analysis is a comprehensive solution for market abuse and insider trading surveillance of the FX market that will assist firms in meeting the needs of regulators globally.
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September 22, 2014 BY Mike Fox
FxPro adds risk statistics to its MT4 WebTrader platform
FXPro states that risk statistics are available only for Real accounts. Trading statistics are available for both real and demo accounts...
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September 22, 2014 BY Mike Fox
UK based ETX Capital rolls out Gresham CTC reconciliation tech
Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, today announced that ETX Capital (ETX) is rolling out Gresham's Clareti Transaction Control (CTC) solution. The spread betting and CFD trading company will initially be using CTC to automate the reconciliation of its general ledger cash movements for client…
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September 22, 2014 BY Mike Fox
Netagio Exchange first to receive ISAE 3000 standard in British Bitcoin industry
Netagio, the UK-based Bitcoin, gold & sterling exchange, today announced that the firm attained assurance over the storage of the Bitcoins it holds. The independent review of Netagio’s Bitcoin storage environment was conducted by professional services firm BDO LLP, who completed the review under ISAE 3000, the International Standard on Assurance Engagements. This is the…
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September 22, 2014 BY Mike Fox
BCS Financial Group selects Horizon Software for market-making and distributing Russian derivatives
BCS Financial Group, the largest trader in Russia for Equities, FX and Derivatives, has selected Horizon Software to launch its derivatives market-making and distribution activities. Horizon will provide Delta One and Option Trader, its market-making platform, which includes native exchange connectivity to numerous exchanges throughout Europe. Horizon’s flexible APIs will allow the market-making platform to…
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September 22, 2014 BY Mike Fox
Swissquote Daily Technical Report: GBP/USD - Post-Scotland referendum bounce fades
In Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GPB/USD and USD/JPY. To view and download the entire report, click here (PDF). GBP/USD: Post-Scotland referendum bounce fades GBP/USD recovery above the 1.6500 handle has faltered. Failure to…
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