The largest US cryptocurrency exchange, Coinbase, is closing its Chicago office and scales down the development of its matching engine. The news comes from Fortune Magazine. The Chicago office of Coinbase was actually opened in 2018, as the company considered this to be a great move to tap into the city's great financial positioning, as…
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After approval from the Securities and Exchange Commission (SEC), BOX Options Exchange LLC (BOX) is ready to start a new open-outcry options trading floor in Chicago. This is a welcome development for many veterans and new traders alike. Old-style trading floors where humans meet to negotiate prices of options are contrary to current trends, which have…
Read moreChicago Board Options Exchange (CBOE) announced today that it has launched the CBOE-SMA Large Cap Index (SMLC Index), the first of a series of sentiment-based strategy benchmark indexes that measure short-term market momentum based on Social Market Analytics’ (SMA) social media metrics. CBOE announced in June that it entered into an exclusive licensing agreement with SMA…
Read moreNational Futures Association (NFA) today announced it has permanently barred Chicago, Ill., sole proprietor commodity trading advisor (CTA) Tina Mozhayski, DBA RF INTL, from membership and from acting as a principal of an NFA Member. The Decision, issued by an NFA Hearing Panel, is based on a Complaint authorized by NFA's Business Conduct Committee on March 18, 2015. The…
Read moreCFTC seeks civil monetary penalties, trading and registration bans, and permanent injunctions The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil Complaint in the U.S. District Court for the Northern District of Illinois, charging Igor B. Oystacher and his proprietary trading company, 3 Red Trading LLC (3 Red), both of Chicago, Illinois, with…
Read moreA new Bitcoin ATM machine from CoinSource will provide the first tangible exposure to Bitcoin for most of the 22 million people who travel to and from Staten Island every year.
Read moreCityTrader, built on OptionsCity’s new REST-based City API, offers a scalable, white-label solution for brokers and FCMs.
Read moreAccording to the CFTC Complaint, “In reality, the pool was little more than a shell company used to defraud pool participants and enrich Defendants at their expense.”
Read moreFrom his innocuous semi-detached house in Hounslow, West London, Navinder Singh Sarao is alleged to have raked in £27 million by spoofing and layering, and being a major contributor to the 2010 flash crash. He now awaits extradition to the United States to face trial
Read moreA look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news, sign up to our Daily Forex Industry Newsletter on the right… → New York and Chicago’s big-hitters go Bitcoin | https://www.leaprate.com/xeRYs Jamie Coleman joins…
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