LeapRate Exclusive... This article is courtesy of Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. FIX API has been a trending phrase amongst Forex professionals for the past decade. The technology has proven to be the fastest and one of the most secure ways to trade in FX. What is a FIX…
Read moreResearch by Fideres has encompassed price action around the London fix in 6 major dollar crosses The Financial Times reports that the first class action lawsuit against several banks for manipulating forex rates has been filed in the US. Amongst the banks mentioned in the suit are Barclays and UBS and the evidence supplied includes…
Read moreFlorida Court issues order against Philip Milton and Trade LLC in a commodity pool Ponzi Scheme. The CFTC has obtained a court order ordering Phillip Milton of Palm Beach Gardens, Florida and Trade, LLC based in Palm Springs to pay restitution of more than $10.8 million and $7.6 million civil monetary penalty. In addition, Trade…
Read moreCFTC says defendants lured clients to trade forex, but used funds for personal use. The CFTC has obtained a court order ordering Kevin Harris, Keelan Harris, Complete Developments, LLC (CDL), and Investment International Inc. (aka I3), all of Warren, Ohio, along with another defendant, Karen Starr of Barrie, Ontario, Canada, “collectively to pay restitution” of over $23 million. We've seen…
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