Tag: institutional Forex

April 08, 2014 BY Andrew Saks-McLeod

LCH.Clearnet beefs up its board, adds ex DTCC CEO Jill Considine

Transatlantic talent joins LCH.Clearnet in senior position, joining the board of directors on April 25, with additional responsibility as Chair of the firm's US division LCH.Clearnet today announced that Jill Considine has been appointed to the Board of Directors of LCH.Clearnet Group. Jill will join the Board on April 25, 2014. She will also serve…

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March 30, 2014 BY Andrew Saks-McLeod

CFTC spares Singapore Exchange's clearing division an enforcement - but for how long?

The global drive among national regulators to work together toward standardizing trade clearing methodology continues, as the CFTC defers enforcement action against SGX-DC The US Commodity Futures Trading Commission's Division of Clearing and Risk (DCR) issued a time-limited no-action letter to the Singapore Exchange Derivatives Clearing Limited (SGX-DC) on Friday last week, as Singapore readies…

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March 27, 2014 BY Andrew Saks-McLeod

Deltix and CitiFX TradeStream team up for algo research and execution solution

Software company Deltix joins forces with Citi to provide integrated algo-trading solution for research and automated execution of FX Despite the European Parliament's openly adverse view toward algorithmic and high frequency trading (HFT) among institutions across the continent, North America's technology firms and fiscal authorities show no sign of halting their increasing will to refine…

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March 25, 2014 BY Andrew Saks-McLeod

INTL FCStone combines its two UK businesses

INTL FCstone Ltd and INTL Global Currencies Ltd are to be placed as one business, based in London INTL FCStone has today announced that it has received authorization from the UK's Financial Conduct Authority to consolidate the entire operations of its two British subsidiaries, which are INTL FCStone Ltd and INTL Global Currencies Ltd, both…

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March 19, 2014 BY Andrew Saks-McLeod

CFTC Delays Cross-Border Derivatives Ruling Date, Bowing to UK Pressure

London-based trading firms ask CFTC for more time before proposed implementation of restrictions on derivatives trading in Europe which were scheduled for March 24 The regulatory wranglings concerning the US Commodity Futures Trading Commission (CFTC)'s potential imposition of restrictions on derivatives trading in Europe which had been scheduled for inception on March 24. In a…

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