Mike Fox
LeapRate Analyst
June 06, 2016 BY Mike Fox

CFTC signs MOU with ESMA related to recognized central counterparties

The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with the European Securities and Markets Authority (ESMA) regarding cooperation with respect to derivatives clearing organizations (DCOs) established in the United States that have applied or that may apply to ESMA for recognition as central…

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June 06, 2016 BY Mike Fox

Fidessa signs ABN AMRO Clearing for global execution platform

Fidessa group plc (LON: FDSA) today announced that it has signed a contract to provide cross-asset execution services to ABN AMRO Clearing (AAC). This allows AAC to offer its clients low-latency access to more than 110 futures, options, equities and FX markets worldwide via a globally consistent interface, delivered out of 11 key locations around…

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June 06, 2016 BY Mike Fox

MetaQuotes continues MT5 push: revamped website now in 7 languages

MetaQuotes Software Corp. today announced that an updated website for the MetaTrader 5 multi-asset trading platform has been launched. The streamlined site features an enhanced look-and-feel and completely updated content. In addition, the number of supported languages has been increased to 7: the new site is available in English, Chinese, Spanish, Portuguese, French, Japanese and Russian.…

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June 06, 2016 BY Mike Fox

Speakerbus adds ADM Investor Services London as voice broking client

Speakerbus, the leading provider of innovative mission-critical voice collaboration solutions for financial institutions, today announced that ADM Investor Services International Ltd (ADMISI), a full service multi-asset brokerage company, has chosen Speakerbus’ iTurret solution as its specialist voice broking platform in London. ADM Investor Services has offices in Chicago, Hong Kong, Taiwan, Singapore, Mumbai and Gibraltar providing coverage…

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June 06, 2016 BY Mike Fox

Forex broker FIBO Group adds CashU payment system

Globally regulated FIBO Group Holdings based out of Limassol, Cyprus with offices in Munich, Russia, Singapore and Vienna today announced that clients of the company now have another method for depositing funds into a trading account: CashU payment system. The CashU payment system has been in operation since 2002 and is very popular in Middle Eastern and North…

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June 03, 2016 BY Mike Fox

GMO-Z.com Forex HK apply name changes to trading platforms

GMO-Z.com Forex HK Limited, authorised and regulated by the Hong Kong Securities and Futures Commission today announced they will be changing the names of its forex trading applications - both desktop and mobile. The mobile applications ClickTrade and iClickTrade will be consolidated into "Z.com Trader Mobile", while the desktop application WebTrader will be replaced by the name "Z.com Trader…

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June 03, 2016 BY Mike Fox

China Foreign Exchange Trade System chooses ICAP’s EBS BrokerTec

ICAP plc (LON: IAP), a leading markets operator and provider of post trade risk mitigation and information services, announces today that China Foreign Exchange Trade System (CFETS), China’s official inter-bank market trading platform and infrastructure provider, has chosen ICAP to deliver the underlying technology for fixed income and Forex electronic execution services in mainland China.…

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June 03, 2016 BY Mike Fox

SEC charges NYC Forex trader who lied on track record, hid millions in losses

The Securities and Exchange Commission today charged a New York City-based trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The SEC alleges that Haena Park and her firm - referred to as "Phaetra" and/or "Argenta" - touted her supposedly…

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June 03, 2016 BY Mike Fox

CFTC fines Bitcoin exchange Bitfinex $75K to for failing to register as FCM

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Hong Kong-based bitcoin exchange, BFXNA Inc. DBA Bitfinex, for offering illegal off-exchange financed retail commodity transactions in bitcoin and other cryptocurrencies, and for failing to register as a Futures Commission Merchant (FCM) as required by the Commodity Exchange Act…

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