Friday, December 5, 2014

Former Citi FX Trader Rohan Ramchandani Moves on from LCG

Former Citi FX Trader Rohan Ramchandani Moves on from LCG


Former Citi FX Trader Rohan Ramchandani Moves on from LCG

Posted: 05 Dec 2014 07:22 PM PST

FX trader, Rohan Ramchandani has departed from LCG after serving three months in the risk and trading division. A statement issued by LCG explains that Mr Ramchandani left due to personal reasons.
Read more

The post Former Citi FX Trader Rohan Ramchandani Moves on from LCG appeared first on Forex Magnates.

Luxembourg Looks to Dominate Offshore-Asian Instrument Listing

Posted: 05 Dec 2014 02:52 PM PST

Luxembourg extends its coverage of Asian financial products. The country's stock exchange launched a $1 billion sovereign sukuk from Pakistan, in the same week it signed an MOU with a leading Chinese bank.
Read more

The post Luxembourg Looks to Dominate Offshore-Asian Instrument Listing appeared first on Forex Magnates.

Dismal November Trading at Brazil’s BM&F BOVESPA Exchange – Volumes Drop 48%

Posted: 05 Dec 2014 12:41 PM PST

Brazil's BM&F BOVESPA, has reported trading volumes for the month of November. Activity slumped during the month with total volumes falling short of fifty billion during November, dropping 48% from October figures.
Read more

The post Dismal November Trading at Brazil's BM&F BOVESPA Exchange – Volumes Drop 48% appeared first on Forex Magnates.

Dodd-Frank Violations Lead to a $1.3 mln Fine for Gold Distributors Inc

Posted: 05 Dec 2014 11:42 AM PST

A Federal Court ordered the company and its owner Jordan Cain to pay restitution and civil monetary penalty for violating Dodd-Frank Amendments to the Commodity Exchange Act between January 2012 and February 2013.
Read more

The post Dodd-Frank Violations Lead to a $1.3 mln Fine for Gold Distributors Inc appeared first on Forex Magnates.

Fixed Income Trading Platform Bondcube Granted FCA Authorization

Posted: 05 Dec 2014 10:48 AM PST

The liquidity aggregating bond trading network is aiming to facilitate trading of large tickets and on illiquid markets by providing an alternative solution the the usual buy-side RFQ and sell-side traders.
Read more

The post Fixed Income Trading Platform Bondcube Granted FCA Authorization appeared first on Forex Magnates.

Moscow Exchange to Double Tick Size in USD/RUB and EUR/RUB Pairs in February

Posted: 05 Dec 2014 08:17 AM PST

The rising FX volatility on the Russian ruble market has triggered a recommendation from the FX Market Committee to double the tick size in select currency pairs in order to deepen market liquidity.
Read more

The post Moscow Exchange to Double Tick Size in USD/RUB and EUR/RUB Pairs in February appeared first on Forex Magnates.

Three Former ICAP Brokers Plead Not Guilty of Manipulating Japanese Yen LIBOR

Posted: 05 Dec 2014 06:00 AM PST

Daniel Wilkinson, Colin Goodman and Darrell Read were allegedly involved in benchmark rates rigging benefitting a certain UBS trader's positions on the market by sending skewed information to banks.
Read more

The post Three Former ICAP Brokers Plead Not Guilty of Manipulating Japanese Yen LIBOR appeared first on Forex Magnates.

Foreign Clearing Members on MOEX FX Market Must Own $1 bln Worth of Assets

Posted: 05 Dec 2014 04:53 AM PST

The Moscow Exchange released its requirements for foreign financial companies willing to become clearing members on the FX market revealing firms have to own $1 bln worth of assets or have over $370 million capital.
Read more

The post Foreign Clearing Members on MOEX FX Market Must Own $1 bln Worth of Assets appeared first on Forex Magnates.

ESMA Grants Trade Repository Access to Australian Financial Regulator

Posted: 05 Dec 2014 03:30 AM PST

The European Securities and Markets Authority signed two Memorandum of Understanding agreements which are enhancing cross-border cooperation with Australian authorities on trade repositories and CCPs.
Read more

The post ESMA Grants Trade Repository Access to Australian Financial Regulator appeared first on Forex Magnates.

Two Aussies Plead Guilty of Insider Trading After Pocketing $180,000

Posted: 05 Dec 2014 01:33 AM PST

The pair pled guilty after admitting to all of their wrongdoings related to several cases of exceptionally good trading decisions related to takeover bids netted them a hefty sum from CFD and shares transactions.

Read more

The post Two Aussies Plead Guilty of Insider Trading After Pocketing $180,000 appeared first on Forex Magnates.

No comments:

Post a Comment