Regulators are scrutinizing FX dealing platforms that contain last look, a controversial practice that enables market makers to delay or reject trades after they’ve agreed to a quoted price.
Read moreFrance's Financial Markets Authority (AMF) is widely known for regularly updating its “Black List” of unauthorized online trading companies. Earlier this month we saw it include massive 189 companies in its list of unauthorized binary options brokers and today the watchdog updated its list of Forex brokers that offer their services in France without having the…
Read moreNew Zealand's FMA focuses on strengthening its regulatory prowess, stating that FX is a priority area for enforcement
Read moreMany FX firms consider the acquisition and retention of Chinese FX traders to be a high priority. China now permits traders to keep their profits on investments abroad rather than having to repatriate it within 180 days, an advantageous development for western companies.
Read moreEXNESS establishes new corporate base in St. Vincent and the Grenadines, citing evolving regulatory amendments in New Zealand as major factor Until recently, New Zealand was regarded by retail FX companies as a very easy jurisdiction in which to establish a virtual office with which to attract a client base from the Asia Pacific region.…
Read moreQueen Shoals Consultants, Gary D. Martin, and Brenda K. Martin Charged by CFTC for misappropriating client funds to convicted Ponzi scheme operator and extorting bogus referral fees The U.S. Commodity Futures Trading Commission (CFTC) has today announced that it has obtained a federal court supplemental consent Order requiring Defendants Gary D. Martin and Brenda K.…
Read moreInternational law makers issue report on cross-border issues on OTC derivatives following G20 summit during which widespread agreement was reached The European Securities and Markets Authority (ESMA) continues to demonstrate its commitment to participation in the worldwide governmental effort to ensure compatibility between all financial markets worldwide with regard to the regulatory oversight of OTC…
Read moreUS CFTC to collaborate with Canadian provincial regulators in order to enhance supervision of cross-border regulated entities The United States is regarded among the vast majority of electronic trading companies from retail FX brokers to the long-established and steadfast institutional trading desks of Chicago as being the most stringent and well-organised jurisdiction when it comes…
Read moreSwiss financial regulatory authority FINMA appoints Mark Branson as CEO, whilst Yann Wermeill steps down from Executive Board to be superseded by two newcomers The FINMA Board of Directors has unanimously appointed Mark Branson to the post of CEO of the Swiss Financial Market Supervisory Authority FINMA. His appointment has been approved today by the…
Read moreASIC's half-yearly report on the supervision of market participants reveals 19,255 trading alerts, and continues its drive toward automated surveillance Australia is a region which a great many FX company executives have been following with a keen eye recently, mainly due to its close proximity to the Asia Pacific region from which all FX firms globally…
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