Tag: london

December 30, 2014 BY Mike Fox

Dubai based FX broker Fortress Prime plans for UK FCA license

Fortress Prime delivers liquidity in FX, precious metals, commodities, global indices and CFD's. It utilizes advanced MT4 and FIX API trading technology solutions in addition to advisory and operational services to brokers, professional clients, financial institutions, and hedge fund managers globally.

Read more
December 19, 2014 BY Mike Fox

Serious Fraud Office arrests former London trader

British national daily newspaper the Guardian is reporting late this Friday afternoon that the UK's top fraud prosecutor has arrested a former City trader in relation to its criminal investigation into whether individual traders rigged the $5.3tn-a-day FX market. The Serious Fraud Office confirmed that it had arrested a man in Billericay, Essex, today with the help of the City of…

Read more
October 07, 2014 BY Mike Fox

Rabobank puts two on paid leave after review of FX trading activities

First reported by Bloomberg early Tuesday, Dutch lender Rabobank said it has placed two of its London staff on paid leave following an internal investigation into the bank's currency trading practices. "Rabobank can confirm that following an internal review of FX trading activities, two employees of its London branch have been put on paid leave…

Read more
September 30, 2014 BY Mike Fox

Colt launches FX liquidity access service connecting London, New York And Tokyo markets

Colt today announces the availability of its FX Liquidity Access service, connecting market participants to the London, New York and Tokyo FX markets. The service - which includes low latency connectivity and proximity hosting - simplifies access to the global FX markets, enabling customers to access single and multi-bank platforms 24x7. “As customers increasingly look…

Read more