The swap to HTTPS offers users further cyber security to get all the Forex information they need to trade The Forex information website FXStreet has announced today the switch to HTTPS. FXStreet is one of the first Forex media websites to put up the lock icon and an extra “s” next to its URL on…
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In collaboration with UBS, Clearstream and Citi have designed an innovative market-side network model that enables banks and broker-dealers to optimise their operating models and reap the maximum benefit from TARGET2-Securities (T2S), the Pan-European settlement platform operated by the Eurosystem. The new solution will provide market participants with a single point of access to T2S,…
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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has announced that Guy Rowcliffe, CEO of RESET, has been appointed Head of Asia Pacific, ICAP Post Trade Risk and Information Services (PTRI). In this newly created role, Rowcliffe will be responsible for Asia Pacific regional strategy for ICAP’s PTRI…
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Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that AxiCorp, a provider of margin foreign exchange trading services for the retail and institutional markets, has selected Broadridge’s reconciliation solution for the automation of reconciliations and investigations for its global operations. The Broadridge solution supports front- to back-office reconciliations across the trade lifecycle and will connect AxiCorp’s…
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SEC Chair Mary Jo White, after nearly four years as the agency’s head, has announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis. The Commission also…
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Spurred by the growing and often contradictory cybersecurity regulatory burden facing companies, Thomson Reuters, Pillsbury and FireEye have formed an industry-first collaboration to help corporations meet new regulations and manage risk related to cybersecurity. This alliance affords institutions expertise and resources from a holistic, multi-pronged approach to cybersecurity risk assessment and due diligence that combines…
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Former financial adviser, Mr Darren John Wise, has been sentenced in the Maroochydore District Court to seven years imprisonment on charges brought by ASIC. Mr Wise will be eligible for parole after serving 20 months. Mr Wise, formerly of Rhodes NSW, had earlier pleaded guilty to one count each of forgery, using forged documents and…
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EBS BrokerTec, ICAP (IAP.L)'s electronic foreign exchange (FX) and fixed income business, has announced today that it has gone live with EBS Live Ultra, its fastest FX data product to date. EBS Live Ultra has two data interval rates: 100 milliseconds, the same as the current EBS Live service but with lower latency, and a…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Seedoro Bank. Seedoro Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mirabaud Asset Management / Mirabaud Group. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part…
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