Tuesday, June 7, 2016

From Floating Spreads to Floating Margin, Brexit Awaits

From Floating Spreads to Floating Margin, Brexit Awaits


From Floating Spreads to Floating Margin, Brexit Awaits

Posted: 07 Jun 2016 11:58 AM PDT

firms have been invoking temporary increases in margin requirements to handle upcoming volatile news periods.

Ex-LME Boss Contemplates Rival Metals Exchange

Posted: 07 Jun 2016 10:56 AM PDT

Martin Abbott, the former chief executive of the London Metal Exchange, is considering setting up a competing trading platform.

CFTC Cracks Down on Precious Metals Racket Worth $2.7m

Posted: 07 Jun 2016 08:56 AM PDT

Jeffrey Slemmer, Christian Dorrian, and Adam Roth have been charged with rare diamonds fraud worth $2.7m.

BNP Paribas Securities Services Secures Patrick Hayes from State Street

Posted: 07 Jun 2016 08:38 AM PDT

Hayes comes over from State Street after working for over 25 years with the group.

Saxo Bank’s May FX Volumes Held in Tight Consolidation

Posted: 07 Jun 2016 07:22 AM PDT

Saxo Bank's latest FX volumes could not build on last month's momentum though remain largely strong heading into H2.

Forexware Vice President is Taking You Back to the Future

Posted: 07 Jun 2016 06:50 AM PDT

Working in the forex industry since the Carter administration, you are advised to learn Fred Scala's lessons.

ICAP Posts 2016 Annual Report with Group Revenues Down from Prior Year

Posted: 07 Jun 2016 06:17 AM PDT

Group revenues fell 6% to £1.20 billion for ICAP's year that ended March 31st.

BCS Finalizing Acquisition of Alforma Following FINRA Approval

Posted: 07 Jun 2016 06:13 AM PDT

The acquisition will help provide a bridge for US market participants seeking to gain access to the Russian securities market.

China Sees FX Reserves Fall to Lowest Level Since 2011 on Strong Greenback

Posted: 07 Jun 2016 04:48 AM PDT

Movements in the US dollar have continued to play a key role in driving outflow pressures.

ASIC Sues National Australia Bank over Alleged Benchmark Rate Manipulation

Posted: 07 Jun 2016 04:29 AM PDT

ASIC alleges that on 50 occasions NAB intended to create an artificial price.

Forex and Binary Options “Burn the Money of Orphans, Widows and Pensioners”

Posted: 07 Jun 2016 04:28 AM PDT

ISA head seems to take pride in suffocating the trading market and warns even with licensing it's not for everyone.

TAIFEX’s May Volumes Pointed Lower, ETFs, Stocks Lead Decline

Posted: 07 Jun 2016 03:53 AM PDT

TAIFEX's total volume was lower in May, with single stock futures and ETFs weighing down key instruments' growth.

US Exchange Gemini Starts International Expansion with Canada

Posted: 07 Jun 2016 03:42 AM PDT

The Winklevoss twins' exchange has opened Ethereum to Bitcoin trading to Canadians.

AU10TIX Adds Japanese to its ID Authentication and Costumer Onboarding Platform

Posted: 07 Jun 2016 03:28 AM PDT

The ID authentication platform provider opens up the biggest forex market to on-boarding via mobile

Volante Technologies Offers Banks “Plug & Play” Ripple Integration

Posted: 07 Jun 2016 01:10 AM PDT

Volante Technologies and Ripple launch a minimal efforts solution for multi-currency settlement.

TradingScreen Teams Up with Quantitative Brokers for Best Execution Algos

Posted: 07 Jun 2016 01:08 AM PDT

The integration of QB's algorithms into TradingScreen's platform will assist clients in their quest for best execution.

CBOE Unveils New London Office To Expand Reach into Europe and Globally

Posted: 07 Jun 2016 01:04 AM PDT

The new London office will be led by CBOE's Director Matthew McFarland.

Five Common Mistakes when Doing Business with China

Posted: 07 Jun 2016 12:46 AM PDT

The five most common mistakes when doing business with China can be easily avoided by following this advice.

OANDA’s VP of Product Management Trevor Young Parts Ways with Broker

Posted: 07 Jun 2016 12:13 AM PDT

Trevor Young has left OANDA, snapping a five year stint with the North American broker.

Oil Concerns Cause CMA to Refer ICAP Deal with Tullett Prebon to Phase 2

Posted: 07 Jun 2016 12:01 AM PDT

UK's CMA refers Tullett Prebon deal with ICAP to phase 2 over oil product.

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