Monday, October 31, 2016

Euroclear Taps Lieve Mostrey as its CEO

Euroclear Taps Lieve Mostrey as its CEO


Euroclear Taps Lieve Mostrey as its CEO

Posted: 31 Oct 2016 03:43 PM PDT

In her new role as CEO at Euroclear, Ms. Mostrey will step into the role on January 1, 2017

FXPA Augments Membership Constituency with Addition of INTL FCStone

Posted: 31 Oct 2016 01:39 PM PDT

The addition of INTL FCStone brings the total constituency of FXPA to twenty-five institutional members.

CLS Endorses PvP Settlement Initiative in Japanese FX Market

Posted: 31 Oct 2016 01:20 PM PDT

The widespread usage of PvP settlement can be instrumental in reducing settlement risk in Japan.

FX Brokers Eye Tightened Election in US as Race Reaches Final Stretch

Posted: 31 Oct 2016 11:37 AM PDT

Alpari is the latest broker to adjust its margin requirements ahead of the US election on November 8.

Clients of Falcon Brokers Entitled to Investor Compensation from CySEC

Posted: 31 Oct 2016 10:50 AM PDT

Clients of the brokerage which had its license revoked in March are now entitled to compensation

Morningstar Revamps IT Team with New Hires and Promotions

Posted: 31 Oct 2016 10:47 AM PDT

Mitch first landed at Morningstar in 2014 following the company's acquisition of HelloWallet.

IronFX Inks Partnership With iSignthis, Integrating Paydentity Product Suite

Posted: 31 Oct 2016 10:41 AM PDT

The fortified identity services will be integrated into the full spectrum of IronFX's product suite.

UK Economy Sidesteps Remain Campaigners’ Dire Economic Predictions

Posted: 31 Oct 2016 10:41 AM PDT

In the global race to devalue currencies, the pound's losses have been a huge benefit to UK businesses.

Citigroup Drawn into CFTC Probe, Investigating Global Rate-Swap Businesses

Posted: 31 Oct 2016 08:58 AM PDT

The probe investigates the industry's leading swap dealers following a 2015 lawsuit.

BCA Research Expands ETS to Cover Equity Markets in MSCI World Index

Posted: 31 Oct 2016 08:47 AM PDT

BCA Score ranks and scores over 10,000 equities in terms of performance potential.

Deutsche Bank Deploys Misys FusionBanking and FusionCapital Solutions

Posted: 31 Oct 2016 08:14 AM PDT

Both solutions will help enable Deutsche Bank to manage its retail, commercial and business banking customers.

Global Advisors Bitcoin Fund Set for Channel Islands Securities Exchange Listing

Posted: 31 Oct 2016 08:10 AM PDT

A new prospectus reveals that the bitcoin custodians for the fund are Gemini Trust Company and itBit.

Global Trade for the Few, Global Trade for All

Posted: 31 Oct 2016 07:18 AM PDT

Global trade pioneers take advantage of innovations in communications, sales and payments, made possible by the internet.

Colt Upgrades Network to Provide Clients with Affordable Cloud Access

Posted: 31 Oct 2016 07:07 AM PDT

Colt's network upgrade enables businesses of all sizes to future proof their connectivity.

Cable (GBP/USD) Attracts Most Trader Attention During September

Posted: 31 Oct 2016 07:02 AM PDT

A new FM Intelligence index reveals the top thirty currency pairs by retail trading volume during September 2016.

Andrew Pinder Joins CME as its Implementation Trustee to Engineer New API Standard

Posted: 31 Oct 2016 06:46 AM PDT

A CMA driven initiative has resulted in the creation of a new role with Andrew Pinder as an Implementation Trustee.

CySEC Regulated Starfish FX Renounces its ‘Inactive’ CIF License

Posted: 31 Oct 2016 06:36 AM PDT

The broker received a CIF license from CySEC last year, but it has not been activated.

SFC Bans Richmond Asset Management After $5m Phuket Land Investment Fraud

Posted: 31 Oct 2016 06:08 AM PDT

The firm failed to properly disclose potential conflicts of interest to its clients and routed monies into unathourised funds.

Weekly Trade Ideas on AUD/USD, EUR/USD and S&P500

Posted: 31 Oct 2016 05:23 AM PDT

In-depth market analysis from expert Nial Fuller.

Blockchain-powered Social Media Platform, DECENT, Expands Globally During ICO

Posted: 31 Oct 2016 05:17 AM PDT

DECENT's founders have established the first blockchain research and development hub in the Caucasus region.

Sunday, October 30, 2016

UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit

UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit


UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit

Posted: 28 Oct 2016 11:12 AM PDT

London has been virtually radioactive for the banking sector in 2016, however leaving remains a risky venture.

Bats’ Head of FX, Bill Goodbody Jr. Parting Ways With Group

Posted: 28 Oct 2016 10:39 AM PDT

Less than two years as its Senior VP and Head of FX, Mr. Goodbody Jr. is parting ways with Bats.

Warsaw Stock Exchange Posts Positive Q3 2016 Results

Posted: 28 Oct 2016 10:39 AM PDT

Third quarter was the best three months in 2016 in terms of trading in equities.

Japan Exchange Group Operating Revenues Drop in Second Fiscal Quarter

Posted: 28 Oct 2016 08:25 AM PDT

JPX's revenues from trading and clearing services also pointed lower due to decrease in overall trading.

S3 Strengthens Fixed Income Execution Quality Suite With Third Brokerage

Posted: 28 Oct 2016 07:21 AM PDT

The newly signed brokerage is one of the issuers of municipal bonds in the US.

Don Wilson’s DRW Attempts to Dodge Market Manipulation Trial

Posted: 28 Oct 2016 06:45 AM PDT

The trading firm has filed a motion requesting the case is dismissed prior to it going before a jury.

CBOE Holdings’ Revenues and EPS Stumble Q3, Trading Statistics also Lower

Posted: 28 Oct 2016 06:45 AM PDT

All major segments were lower across the board, with EPS diving nearly -40% YoY during Q3

BME Posts Mixed Financial Results in Q3 2016

Posted: 28 Oct 2016 06:12 AM PDT

The main management indicators remained favourable at the end of September in year on year terms.

Climate Change, Cyber Attacks and the Return of Communism

Posted: 28 Oct 2016 05:02 AM PDT

This week's selection of our editors' favourite articles and reading recommendations.

The Curse of the Millennials: Communism is Making a Comeback

Posted: 28 Oct 2016 04:22 AM PDT

With this generation's keenness for socialism the countdown towards the end of wealth and abundance may have begun.

Malta’s MFSA Issues Warning Against MXTrade and TradingBanks

Posted: 28 Oct 2016 03:21 AM PDT

The regulator has added two more entities to its warning list and advised the public not to invest with them.

SWIFT Adds Marc Hofmann as New Chief Information Security Officer

Posted: 28 Oct 2016 02:27 AM PDT

Hofmann's addition strengthens SWIFT's security team which increased threefold over the past 3 years.

Invast Securities Discloses Mixed Results in Second Quarter FY2017

Posted: 28 Oct 2016 02:12 AM PDT

Invast's latest metrics release follows on the heels of a September update to its financials earlier this month.

UBS Strong Foreign Exchange in Q3 Doesn’t Offset Decline in Equities

Posted: 28 Oct 2016 01:52 AM PDT

Personal & Corporate Banking has delivered the highest quarterly pre-tax profit since 2008.

Monex Reports Financial Results for Q2 2016 Revealing Drop in Revenue

Posted: 28 Oct 2016 01:51 AM PDT

Despite lower revenues and net losses for the quarter, the brokerage looks set for a profitable Q3.

Regulatory Sandboxes: The Road to Fintech Redemption?

Posted: 28 Oct 2016 12:22 AM PDT

The race is on, and it's clear that the consumer will be the greatest beneficiary.

Deutsche Börse AG’s Q3 Revenues Stagnate YoY, Earnings More Upbeat

Posted: 27 Oct 2016 12:15 PM PDT

Earnings were on the rise in Q3 2016, despite a relative stagnation in revenues YoY at the group.

RMB Usage Rises in September, Overtaking Key Metrics, SWIFT Data Shows

Posted: 27 Oct 2016 11:31 AM PDT

57 countries have now broken a 10% threshold by RMB usage for direct payments, its highest figure ever.

Wall Street Horizon Appoints Industry Veteran, Jeff Parker to Advisory Board

Posted: 27 Oct 2016 10:23 AM PDT

Wall Street Horizon secures the services of longtime advisor and informatics specialist Jeff Parker.

Devexperts Partners With Bats, Enhancing its Data Services and API

Posted: 27 Oct 2016 08:33 AM PDT

The partnership helps lower cost data solutions to an increasing number of international retail and institutional investors.

Saturday, October 29, 2016

Do Daily Market Video Updates Generate More Revenue for Brokers?

Do Daily Market Video Updates Generate More Revenue for Brokers?


Do Daily Market Video Updates Generate More Revenue for Brokers?

Posted: 26 Oct 2016 01:44 PM PDT

Did you know that around 75% of emails that are received by clients will never actually be opened?

Deutsche Bank Mulls Options to Cash Bonuses, Looking to Fortify Confidence

Posted: 26 Oct 2016 12:43 PM PDT

Amidst rising pressure, Deutsche Bank is contemplating using company stock as an alternative to cash bonuses.

Financial Commission Strengthens Dispute Resolution Committee, Adds Peg Reed

Posted: 26 Oct 2016 11:22 AM PDT

Peg Reed, the COO of Forex Development Corporation, joins the DRC as its newest member.

GMEX Rebranding into London Derivatives Exchange, Elevates New CEO

Posted: 26 Oct 2016 10:32 AM PDT

A recent restructuring has coalesced into the rebranding of GMEX into London Derivatives Exchange.

South African FSB Fines Lefika Securities and Two Managers $325,000

Posted: 26 Oct 2016 10:05 AM PDT

In deciding the sanctions, the FSB took into account several mitigating factors.

Exclusive: OANDA’s CEO Ed Eger Details New Execution Engine’s Capabilities

Posted: 26 Oct 2016 09:25 AM PDT

The company's CEO reveals that the v20 engine is executing trades at 1.3 milliseconds.

Are Robotic Advisors Making Human Counterparts Obsolete?

Posted: 26 Oct 2016 08:37 AM PDT

Are robots coming for your job? Not yet, says Credit Suisse's Marco Abele.

Industry-Wide ETFs See Uptick in Asset Growth YTD Heading into Q4

Posted: 26 Oct 2016 08:10 AM PDT

ETFs managed to grow 9.0% YTD to $2.4 trillion, in keeping with an ascension across the industry.

City Index Cuts Spreads on Key FX Pairs

Posted: 26 Oct 2016 07:14 AM PDT

The AUD/USD, EUR/USD, USD/JPY, GBP/USD, and EUR/GBP have each had their spreads tightened.

Xtrade Delves into ETF Space to Expand Assets Portfolio

Posted: 26 Oct 2016 06:57 AM PDT

ETFs typically have higher daily liquidity and lower fees making them an attractive alternative for retail investors.

DTCC Secures Jim Hraska as its General Manager of FICC

Posted: 26 Oct 2016 06:46 AM PDT

Mr. Hraska will be tasked with leading the unit's efforts to help mitigate risks and costs across the US fixed income markets

Bitcoin Tops List of Paid Keywords Sought by Retail Brokers

Posted: 26 Oct 2016 06:08 AM PDT

New index by FM Intelligence reveals the terms that online trading brokers are willing to pay the most for.

SFC Exposes Clone Company PHMARKETS for Using Authorised Firm Details

Posted: 26 Oct 2016 05:28 AM PDT

The firm used the details of an authorised firm operating under the name Peace Town Financial Services Limited.

How Financial Institutions Can Create the Ultimate Customer Experience in the Digital Age

Posted: 26 Oct 2016 05:17 AM PDT

Financial companies must figure out a way to use the digital world to their advantagein order to attract loyal customers.

UPDATED: Forex Brokers Are Prepping for US Election

Posted: 26 Oct 2016 04:43 AM PDT

Brokers are gearing up to make some adjustments ahead of the US Presidential election.

The Future of Fintech: the Death of Cash and Bank Branches but a Boost to Retail

Posted: 26 Oct 2016 04:06 AM PDT

Banks may be suffering from the growth of fintech solutions, but retailers can benefit from the technology enormously.

Trump v Clinton: Swissquote Offers Investment Opportunities Based on Fintech

Posted: 26 Oct 2016 03:53 AM PDT

The company will use a new predictive analytics tool to track public opinion across the web.

Goldmoney Launches P2P Transactional Gold in the US

Posted: 26 Oct 2016 03:40 AM PDT

Gold transfers, payouts and invoicing capabilities are now available to US-based users.

Synereo Raised Over $4.7m for Decentralized Computation Blockchain

Posted: 26 Oct 2016 03:37 AM PDT

The funds raised will be used to expand Synereo's team, ensuring its technology stack can go live towards the end of 2017.

Forex.com Sets Out Possible Margin Changes Ahead of US Election

Posted: 26 Oct 2016 02:29 AM PDT

The changes may include, but are not limited to, updates to margin requirements ahead of and after the vote.

Friday, October 28, 2016

UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit

UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit


UBS’ CEO Sergio Ermotti Sees Risks in Jettisoning UK Staff Ahead of Brexit

Posted: 28 Oct 2016 11:12 AM PDT

London has been virtually radioactive for the banking sector in 2016, however leaving remains a risky venture.

Bats’ Head of FX, Bill Goodbody Jr. Parting Ways With Group

Posted: 28 Oct 2016 10:39 AM PDT

Less than two years as its Senior VP and Head of FX, Mr. Goodbody Jr. is parting ways with Bats.

Warsaw Stock Exchange Posts Positive Q3 2016 Results

Posted: 28 Oct 2016 10:39 AM PDT

Third quarter was the best three months in 2016 in terms of trading in equities.

Japan Exchange Group Operating Revenues Drop in Second Fiscal Quarter

Posted: 28 Oct 2016 08:25 AM PDT

JPX's revenues from trading and clearing services also pointed lower due to decrease in overall trading.

S3 Strengthens Fixed Income Execution Quality Suite With Third Brokerage

Posted: 28 Oct 2016 07:21 AM PDT

The newly signed brokerage is one of the issuers of municipal bonds in the US.

Don Wilson’s DRW Attempts to Dodge Market Manipulation Trial

Posted: 28 Oct 2016 06:45 AM PDT

The trading firm has filed a motion requesting the case is dismissed prior to it going before a jury.

CBOE Holdings’ Revenues and EPS Stumble Q3, Trading Statistics also Lower

Posted: 28 Oct 2016 06:45 AM PDT

All major segments were lower across the board, with EPS diving nearly -40% YoY during Q3

BME Posts Mixed Financial Results in Q3 2016

Posted: 28 Oct 2016 06:12 AM PDT

The main management indicators remained favourable at the end of September in year on year terms.

Climate Change, Cyber Attacks and the Return of Communism

Posted: 28 Oct 2016 05:02 AM PDT

This week's selection of our editors' favourite articles and reading recommendations.

The Curse of the Millennials: Communism is Making a Comeback

Posted: 28 Oct 2016 04:22 AM PDT

With this generation's keenness for socialism the countdown towards the end of wealth and abundance may have begun.

Malta’s MFSA Issues Warning Against MXTrade and TradingBanks

Posted: 28 Oct 2016 03:21 AM PDT

The regulator has added two more entities to its warning list and advised the public not to invest with them.

SWIFT Adds Marc Hofmann as New Chief Information Security Officer

Posted: 28 Oct 2016 02:27 AM PDT

Hofmann's addition strengthens SWIFT's security team which increased threefold over the past 3 years.

Invast Securities Discloses Mixed Results in Second Quarter FY2017

Posted: 28 Oct 2016 02:12 AM PDT

Invast's latest metrics release follows on the heels of a September update to its financials earlier this month.

UBS Strong Foreign Exchange in Q3 Doesn’t Offset Decline in Equities

Posted: 28 Oct 2016 01:52 AM PDT

Personal & Corporate Banking has delivered the highest quarterly pre-tax profit since 2008.

Monex Reports Financial Results for Q2 2016 Revealing Drop in Revenue

Posted: 28 Oct 2016 01:51 AM PDT

Despite lower revenues and net losses for the quarter, the brokerage looks set for a profitable Q3.

Regulatory Sandboxes: The Road to Fintech Redemption?

Posted: 28 Oct 2016 12:22 AM PDT

The race is on, and it's clear that the consumer will be the greatest beneficiary.

Deutsche Börse AG’s Q3 Revenues Stagnate YoY, Earnings More Upbeat

Posted: 27 Oct 2016 12:15 PM PDT

Earnings were on the rise in Q3 2016, despite a relative stagnation in revenues YoY at the group.

RMB Usage Rises in September, Overtaking Key Metrics, SWIFT Data Shows

Posted: 27 Oct 2016 11:31 AM PDT

57 countries have now broken a 10% threshold by RMB usage for direct payments, its highest figure ever.

Wall Street Horizon Appoints Industry Veteran, Jeff Parker to Advisory Board

Posted: 27 Oct 2016 10:23 AM PDT

Wall Street Horizon secures the services of longtime advisor and informatics specialist Jeff Parker.

Devexperts Partners With Bats, Enhancing its Data Services and API

Posted: 27 Oct 2016 08:33 AM PDT

The partnership helps lower cost data solutions to an increasing number of international retail and institutional investors.

Wednesday, October 26, 2016

NZX Appoints Mark Peterson as its Interim CEO

NZX Appoints Mark Peterson as its Interim CEO


NZX Appoints Mark Peterson as its Interim CEO

Posted: 25 Oct 2016 01:59 PM PDT

NZX has relied on company mainstay, Mark Peterson as its interim CEO, who will take over from Tim Bennett.

Lending Club Launches New Loan Product to Restore Profitability

Posted: 25 Oct 2016 12:25 PM PDT

Lending Club has launched a new product offering, including a new auto finance segment.

Compagnie Financière Secures Over $110m in Swiss Bond Placement

Posted: 25 Oct 2016 10:50 AM PDT

The group managed to raise $110m, taking advantage of advantageous market conditions on the Swiss capital market.

Tuesday, October 25, 2016

Broadridge Deploys CloudSM Service, Tapping into New Digitized Channels

Broadridge Deploys CloudSM Service, Tapping into New Digitized Channels


Broadridge Deploys CloudSM Service, Tapping into New Digitized Channels

Posted: 25 Oct 2016 09:19 AM PDT

The new cloud service links up Broadridge's current network to upwards of 10 new digital channels.

CySEC Fines XForex Parent €225,000 for Multiple Advisory Failures

Posted: 25 Oct 2016 08:54 AM PDT

XForex has been fined for violations concerning investment advice and payment of trading bonuses

Alpari Expands in South African Markets with New Headquarters in Mauritius

Posted: 25 Oct 2016 08:33 AM PDT

Alpari has already a regulated entity in Mauritius under the name Alpari International Limited.

JWG’s Dan Simpson on MiFID II ‘Seismic’ Impact

Posted: 25 Oct 2016 08:23 AM PDT

"A smart approach to MiFID makes achieving what is being required possible."

Sell-Side Trading Desks Fighting For Survival in Increasingly Hostile Landscape

Posted: 25 Oct 2016 08:01 AM PDT

Greenwich Associates recently published a new report that touched on 10 recommendations for broker-dealers.

Exclusive: OptionWeb Lays Off Staff Due to New Binary Options Regulations

Posted: 25 Oct 2016 07:37 AM PDT

The parent company of the brokerage Lionsman Capital Markets has laid off close to 40 employees

Jaxx Blockchain Wallet to Add New Privacy-focused Cryptocurrency Zcash

Posted: 25 Oct 2016 07:26 AM PDT

Zcash aims to offer confidential and selectively disclosable transactions, powered by its cryptocurrency, ZEC.

SmartDX Teams Up With IHS Markit to Launch ISDA Credit Support Functionality

Posted: 25 Oct 2016 07:18 AM PDT

The partnership will constitute an integration of several of SmartDX's solutions into IHS Markit's Counterparty Manager.

Euro Slammed Lower Following ECB President’s Speech

Posted: 25 Oct 2016 06:25 AM PDT

The European economy is struggling at the moment and investors are overly cautious about buying the EUR/USD pair.

MetaQuotes Revamps MT5 Web Terminal to Allow Opening Brokerage Demo Accounts

Posted: 25 Oct 2016 05:56 AM PDT

The latest MT5 Web update allows traders to open a demo account at a supported brokerage company of their choice.

Traders Education Introduces Revamped Website with Upgraded Offering

Posted: 25 Oct 2016 04:53 AM PDT

Overall, the new site provides a fresh look that is easy to use and is informative.

Gatecoin Adds Trading on “Uber for Fund Management” Ethereum-based ICONOMI

Posted: 25 Oct 2016 03:56 AM PDT

Following its $10.6 million crowdsale, ICONOMI's token (ICN) will be added for trading on the exchange.

FCA Warns Public that SLS Trade is not Authorised

Posted: 25 Oct 2016 03:29 AM PDT

SLS Trade is banking on attracting newbie investors who are not aware of the existence of regulatory registers.

Breaking: Investment Trends UK Report Shows Retail Trading Spiking Higher

Posted: 25 Oct 2016 02:47 AM PDT

Frequent traders in the UK are more likely to switch brokerages, the shares trading study finds.

Thomson Reuters/SGX SFI Chosen as UOB’s Recommended Fixed Income Benchmark

Posted: 25 Oct 2016 02:45 AM PDT

TR/SGX SFI offers a comprehensive solution for tracking the performance of investments in the Singapore debt markets.

Weekly Trade Ideas on EUR/USD, S&P500 and Oil

Posted: 25 Oct 2016 02:41 AM PDT

In-depth trade analysis from expert Nial Fuller.

China’s Firms Shine Bright in 2016 ‘Fintech 100’ List

Posted: 25 Oct 2016 02:18 AM PDT

A total of eight Chinese companies made this year's Fintech 100, compiled by Fintech Innovators.

DBS and Julius Baer Consider Bids for ABN AMRO Asia Wealth Unit

Posted: 25 Oct 2016 01:58 AM PDT

The sale of ABN AMRO's Asia private banking business could pull in between $300 million and $350 million.

Intel’s New Tech Brings High Level of Security to Bitcoin Wallet Users

Posted: 25 Oct 2016 01:14 AM PDT

This makes Copay a safer true bitcoin wallet alternative to bitcoin account services vulnerable to security breaches.

Colt Announces Major Revamp of Japanese Network Infrastructure

Posted: 24 Oct 2016 11:57 PM PDT

Colt's fibre-optic and L2 network enhancements will boost its ability to serve clients.