Category: Forex

June 22, 2017 BY Valentina Kirilova

RSRCHXchange survey reveals 85% of asset managers expect to comply with MiFID II rules in Q4 or later

Poll of 562 asset managers reveals that two weeks before the regulation enters law, 54% of funds still feel they don’t have enough information on research unbundling, indicating that more education needs to be done. RSRCHXchange, the aggregator and marketplace for institutional research, today released headlines from the results of their latest survey analysing the…

Read more
June 22, 2017 BY Valentina Kirilova

KCG announces redemption of 6.875% senior secured notes due 2020

KCG Holdings, Inc. (NYSE: KCG) today announced that it will redeem all of its outstanding 6.875% Senior Secured Notes Due 2020 (ISIN No. US48244BAC46) (the "Notes") on the business day immediately following the effective date of the Agreement and Plan of Merger, by and among Virtu Financial, Inc. (NASDAQ:VIRT), Orchestra Merger Sub, Inc. and the…

Read more
Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 22, 2017 BY Valentina Kirilova

Kelly L. Gibson named as Associate Regional Director for Enforcement in the SEC’s Philadelphia office

The Securities and Exchange Commission (SEC) announced that Kelly L. Gibson has been named the Associate Regional Director for Enforcement in the SEC’s Philadelphia Office. Ms. Gibson succeeds G. Jeffrey Boujoukos, who became Regional Director of the SEC’s Philadelphia office in January. Ms. Gibson joined the SEC as a staff attorney in the Enforcement Division…

Read more
iBanFirst corporate FX payments
June 21, 2017 BY LeapRate Staff

Saxo Bank head of CEE and MENA region Emmanouil Lemonakis departs for corporate FX payment provider iBanFirst

LeapRate has learned that longtime Saxo Bank executive Emmanouil Lemonakis has left the company to join corporate payment systems provider iBanFirst. Mr. Lemonakis had been with Saxo Bank for more than 10 years. Since 2014 he was based in Cyprus and was responsible for Saxo Bank's operations in the Central Europe and MENA regions, focused on private…

Read more
Curex Group fx
June 21, 2017 BY Valentina Kirilova

Curex rolls out microsecond timestamp FX trading confirms

The Cürex Group, an institutional foreign exchange execution services and data analytics company, announced today the roll-out of microsecond timestamp confirmations for their clients’ trading activity. This capability underscores Cürex’s mission to support the best execution standards required under MiFID II, which will take effect in January 2018. In addition to the precision delivered to…

Read more
June 21, 2017 BY Valentina Kirilova

Eze Software launches MiFID II-compliant commission management platform

Cloud Solution aims to cover full MiFID II workflow Eze Software, a global provider of investment technology, just announced that is rolling out a new cloud-based commission management platform designed to help the buy-side manage MiFID II requirements. Building on Eze Software’s extensive experience in commission management, the MiFID II-focused solution is designed to handle…

Read more
Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 21, 2017 BY Valentina Kirilova

Kathryn A. Pyszka named as Associate Regional Director for Enforcement in the SEC’s Chicago office

The Securities and Exchange Commission (SEC) announced that Kathryn A. Pyszka has been named an Associate Regional Director for Enforcement in the SEC’s Chicago Office. Ms. Pyszka succeeds Timothy L. Warren, who retired from the SEC in January. In her new role, Ms. Pyszka will co-lead the Chicago Office’s Enforcement program with Robert Burson, who…

Read more