Mike Fox
LeapRate Analyst
February 25, 2016 BY Mike Fox

FxPro to disable cMirror copy trading software

In a notice sent out today, globally regulated forex brokerage FxPro informed clients they are disabling cTrader's mirror/copy trading feature cMirror starting from this upcoming Friday. cMirror is trading software company Spotware's mirror trading application, complementing its robust cTrader platform. By using cMirror, any trader can become a strategy provider, broadcast trading signals and charge commissions. Other traders…

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February 25, 2016 BY Mike Fox

Bloomberg Tradebook adds in-trade functionality to Strategy Analyzer product

Bloomberg Tradebook, Bloomberg's global agency brokerage business, today announced the addition of In-Trade functionality to its award-winning Strategy Analyzer (STAZ) product. STAZ combines the breadth of Bloomberg’s data and analytics with Tradebook's proprietary predictive models to help traders evaluate and adjust their trading strategies in real-time to achieve better execution results. This enhancement to STAZ…

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February 23, 2016 BY Mike Fox

Nasdaq partners with Digital Reasoning for next-gen market surveillance

Nasdaq and Digital Reasoning, a leader in cognitive computing, have announced a strategic alliance to offer next generation, holistic surveillance technology to the global capital markets, including the buy-side, brokers, regulators and exchanges. Digital Reasoning’s eComms monitoring for proactive compliance and Nasdaq’s industry leading and award-winning SMARTS Surveillance solutions will deliver a unified approach through…

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February 23, 2016 BY Mike Fox

Bats receives SEC approval for client suspension rule to prohibit manipulative behavior

Bats Global Markets (Bats) received Securities and Exchange Commission approval of the Bats Client Suspension Rule, assisting the company in taking swifter action to prohibit manipulative behavior, such as spoofing and layering, on the Bats Exchanges. The Rule, which was approved February 18th, distinguishes itself by specifically addressing disruptive quoting and trading practices, such as…

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February 23, 2016 BY Mike Fox

AvaTrade opens Johannesburg office under new South African license

Forex and CFD provider AvaTrade continues to expand its global presence and has now officially opened its South African subsidiary - ‘Ava Capital Markets Pty Ltd’ - with offices in Johannesburg in South Africa – licensed under the Financial Services Board (FSB) – FSP Number 45984. This is the eleventh international office of AvaTrade of…

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February 19, 2016 BY Mike Fox

NFA's Board of Directors elects Michael Dawley to serve as Chairman

The Board of Directors of National Futures Association (NFA) announced it has elected Michael C. Dawley, Managing Director and co-head of futures and derivatives clearing services at Goldman Sachs & Co., to serve a one-year term as Chairman. The Board also elected Maureen C. Downs, President, Rosenthal Collins Group LLC, to serve as Vice-Chairman. In addition, the…

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February 17, 2016 BY Mike Fox

Kraken announces significant progress in MtGox claims investigation

Global bitcoin exchange Kraken today shared that “significant progress” has been made in the investigation into claims from creditors of MtGox. In November 2014, Kraken was selected to assist Tokyo District Court-appointed Trustee Nobuaki Kobayashi in the bankruptcy investigation of missing Bitcoin, receiving claims and distributing remaining assets to creditors of MtGox. Today, the Trustee…

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