Minister Hoekstra of the Dutch Ministry of Finance informed that he has appointed Martin van Rijn as a member of the Supervisory Board of the Dutch Authority for the Financial Markets (AFM). The appointment is as of 1 February 2018 for a period of 4 years. Martin van Rijn is the chairman of the Board…
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The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions. This initiative follows the first Regional Regulators’ Roundtable for MENA regulators hosted…
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Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…
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Multi-asset execution and order management systems company FlexTrade today announced the appointment of Paul Thomas as Vice President, FX Business Development for both the buy-side and sell-side markets in the Americas. With the FX buy-side community looking to increase its aggregation and trading execution, FlexTrade is perfectly positioned to help them achieve these goals,” said…
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IS Prime, part of ISAM Capital Markets, just announced that it has appointed Daniel Crane, former Tickstarter COO, as Deputy Head of Electronic Trading Solutions (ETS). In this newly created role, Daniel Crane will report directly to IS Prime’s Head of ETS, Barry Flanigan. His remit includes a specific focus on advanced technical client integrations.…
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NEX Regulatory Reporting announced today that it has partnered with Delta Capita, an international business and technology consulting provider, who will offer specialist advice to clients ahead of the Securities Financing Transactions Regulation (SFTR) coming into effect. Delta Capita’s Securities Finance and Collateral Management Practice has successfully helped tier-one banks and large buy-side clients with…
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UK online trading leader IG Group Holdings plc (LON:IGG) revealed results of its #ReplytoESMA website survey, indicating a very strong anti-ESMA stance among the more than 14,000 replies. As we reported earlier this week, ESMA has come under a lot of pressure to alter its plans to enforce a maximum leverage cap of 30x for…
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Online broker Saxo Bank has reported its client metrics for the month of January, which saw the Copenhagen-based company have its best month ever with total trading volumes of $495.8 billion. Saxo's multi-asset strategy paid off handsomely in January, with client trading activity in all of its segments - FX, Equities, Commodities and Fixed Income…
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Saxo Bank will offer Contracts for Difference (CFDs) on EEX German Power Futures as of 1st March 2018 The European Energy Exchange (EEX), Saxo Bank and PZEM Energy have today announced a partnership to offer German Power CFDs (Contracts for Differences) on Saxo’s fully integrated trading and risk management platform, SaxoTraderGO. Saxo’s new German Power…
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Independent Reserve, the Australian Digital Currency exchange, has announced that has added two executives to its senior management team as the company turns its attention to its growing stable of institutional and SMSF clients. Roman Stefanidi joined Independent Reserve as Chief Technology Officer in August, and Lasanka Perera as Head of Strategy in October. CEO…
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