Thursday, October 8, 2015

$100 Million Class Action Taken in GemCoin Ponzi, Local Councilman Resigns

$100 Million Class Action Taken in GemCoin Ponzi, Local Councilman Resigns


$100 Million Class Action Taken in GemCoin Ponzi, Local Councilman Resigns

Posted: 08 Oct 2015 05:40 PM PDT

A $100 million class action lawsuit has been filed on behalf of the alleged victims of a Ponzi scam involving a digital currency, GemCoin.

Keep on reading: $100 Million Class Action Taken in GemCoin Ponzi, Local Councilman Resigns

Leverate’s Former VP of Sales, Yosef Kaplan, Moves to Cloud Computing

Posted: 08 Oct 2015 03:12 PM PDT

After spending the past 20 years in the financial industry, the industry veteran is moving into the cloud computing business

Keep on reading: Leverate's Former VP of Sales, Yosef Kaplan, Moves to Cloud Computing

Malleability Attack a Nuisance but Bitcoin Not Broken, Pundits Say

Posted: 08 Oct 2015 01:50 PM PDT

The Bitcoin network was inconvenienced but faces no mortal danger, experts say, following the latest attacks.

Keep on reading: Malleability Attack a Nuisance but Bitcoin Not Broken, Pundits Say

Exclusive: Head of Global FX Strategy, Marshall Gittler, Leaves IronFX

Posted: 08 Oct 2015 01:48 PM PDT

One of the key figures at IronFX, frequently appearing on major TV networks such as Bloomberg, has parted ways with the brokerage

Keep on reading: Exclusive: Head of Global FX Strategy, Marshall Gittler, Leaves IronFX

BuzzTrade Partners with Leading Portuguese Team, FC Porto

Posted: 08 Oct 2015 01:42 PM PDT

Traders will have the opportunity to win tickets and hospitality at the club's Estádio do Dragão as well as chances to tour with the club.

Keep on reading: BuzzTrade Partners with Leading Portuguese Team, FC Porto

US Retail Forex down Across the Board, August FCM Data Shows

Posted: 08 Oct 2015 12:50 PM PDT

The latest CFTC report shows that the size of the US retail forex industry is contracting. Interactive Brokers taking the biggest hit.

Keep on reading: US Retail Forex down Across the Board, August FCM Data Shows

Australia - Deadline for Phase 3B OTC Derivatives Issuers Moved to 4 December 2015

Posted: 08 Oct 2015 12:25 PM PDT

ASIC moved the trade reporting obligations by 2 months. Read the latest on this matter and prepare yourself for the new deadline.

Keep on reading: Australia - Deadline for Phase 3B OTC Derivatives Issuers Moved to 4 December 2015

Calling All FinTech Startups – Are You Coming to the London Summit?

Posted: 08 Oct 2015 10:43 AM PDT

We are now less than a month to go before this year's Finance Magnates London Summit, will your FinTech Startup be attending?

Keep on reading: Calling All FinTech Startups – Are You Coming to the London Summit?

Nadex Launches Educational Website, Reports Explosive Growth

Posted: 08 Oct 2015 09:56 AM PDT

The most heavily traded contracts in Q3 2015 were once again the US 500 (based on the CME® E-mini S&P 500 Index® Futures) and the EUR/USD.

Keep on reading: Nadex Launches Educational Website, Reports Explosive Growth

Eikon Gets an App Studio as Thomson Reuters Opens the Platform to Developers

Posted: 08 Oct 2015 09:53 AM PDT

Thomson Reuters is opening its Eikon platform as it aims to provide new value for users.

Keep on reading: Eikon Gets an App Studio as Thomson Reuters Opens the Platform to Developers

Bitcoin Extortion – A Looming Crisis for the Financial Sector

Posted: 08 Oct 2015 07:40 AM PDT

DDoS attacks and ransomware have been around for a while, but what does it mean for the financial sector when bitcoin is involved?

Keep on reading: Bitcoin Extortion – A Looming Crisis for the Financial Sector

ADS Securities Onboards Patrick Lindsay as Head of Compliance

Posted: 08 Oct 2015 07:33 AM PDT

ADS Securities onboards an industry veteran at a time when global compliance costs for financial institutions are on the rise

Keep on reading: ADS Securities Onboards Patrick Lindsay as Head of Compliance

FXCM Provides Operational Update as Part of Leucadia Investor Meeting

Posted: 08 Oct 2015 07:22 AM PDT

FXCM will present at the Leucadia investor meeting a message of coming operational improvement and debt repayment.

Keep on reading: FXCM Provides Operational Update as Part of Leucadia Investor Meeting

Exclusive: Longtime FXCM Exec, Adam Toro, Leaves to Head New UK Broker GCM Prime

Posted: 08 Oct 2015 04:49 AM PDT

Adam Toro leaves FXCM to head GCM Prime- a new UK prime brokerage firm servicing brokers, HFT funds and asset managers.

Keep on reading: Exclusive: Longtime FXCM Exec, Adam Toro, Leaves to Head New UK Broker GCM Prime

Where Big Data and Lending Meet

Posted: 08 Oct 2015 03:55 AM PDT

Leveraging 'big data' in alternative lending: how fintech is challenging banks while simultaneously improving the lending process.

Keep on reading: Where Big Data and Lending Meet

ASIC Abruptly Extends Reporting Deadline for Brokers

Posted: 08 Oct 2015 03:26 AM PDT

The regulator has postponed derivatives transactions reporting until December due to the unpreparedness of some firms

Keep on reading: ASIC Abruptly Extends Reporting Deadline for Brokers

Safety and Security Rise to Top Demands from Liquidity Providers

Posted: 06 Oct 2015 11:31 AM PDT

Following "Black Thursday", 38% of brokers, banks and fund managers said that they have or are considering switching Liquidity Providers.

Keep on reading: Safety and Security Rise to Top Demands from Liquidity Providers

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