Saturday, December 3, 2016

Deutsche Bank Offloading 3,400 Trading Clients to Help Stimulate Profits


Deutsche Bank Offloading 3,400 Trading Clients to Help Stimulate Profits


Posted: 02 Dec 2016 12:22 PM PST
Deutsche Bank has parted ways with 3,400 cost-intensive clients, part of its latest strategy to garner profits.
Posted: 02 Dec 2016 11:21 AM PST
The proposed capital requirements would vary depending on dynamic factors while also being administrable by CFTC.
Posted: 02 Dec 2016 10:52 AM PST
The SGX's latest volumes show a strong uptick in USD/CNH futures contracts MoM.

Friday, December 2, 2016

Citigroup Reasserting Itself in Debt Market After Meeting Regulatory Obligations

Citigroup Reasserting Itself in Debt Market After Meeting Regulatory Obligations


Citigroup Reasserting Itself in Debt Market After Meeting Regulatory Obligations

Posted: 02 Dec 2016 09:07 AM PST

Regulatory requirements in the US had forced Citigroup to rethink its debt strategy.

BNY Mellon Bolsters Board of Directors With Two Senior Additions

Posted: 02 Dec 2016 08:00 AM PST

Linda Cook and Jennifer Morgan have been elected to the group's Board of Directors.

MOEX Reports Mixed Volumes in November 2016, FX Slightly Down

Posted: 02 Dec 2016 07:43 AM PST

This MoM stagnation caused the FX market's average daily turnover to decrease by 6.6 billion or -0.53 percent .

Ralf Roth Joins Almax Analytics’ Advisory Board

Posted: 02 Dec 2016 07:36 AM PST

Mr. Roth lands at Almax Analytics, helping bring his expertise to its Advisory Board.

US FinTech Industry Hoping for Progress During Trump Presidency

Posted: 02 Dec 2016 06:45 AM PST

FinTech proponents are eying a Trump presidency as their opportunity to bridge the gap with regulation.

Julien Huston Returns to Credit Suisse Swaps National Bank of Abu Dhabi

Posted: 02 Dec 2016 06:40 AM PST

Before joining as Director of the NBAD in July 2014, Huston spent 4 years at Credit Suisse.

Chinese Investors, Huiyin Group, Create $20m Blockchain Venture Fund

Posted: 02 Dec 2016 05:53 AM PST

The Chinese VC fund has already took part in financing India's Unocoin bitcoin wallet and exchange.

RoboForex Introduces StrategyQuant Trading Robots Builder Solution

Posted: 02 Dec 2016 05:36 AM PST

RoboForex clients now have access to a builder of trading robots suitable for use by those new to algorithmic trading.

CME Group Discloses Record ADV of 20.9 Million Contracts in November 2016

Posted: 02 Dec 2016 05:23 AM PST

CME reported a record high in single-day volume with more than 44.5 million contracts traded on November 9, 2016.

EBS Forex Volumes Leap Amid US Election Volatility in November

Posted: 02 Dec 2016 03:56 AM PST

The metrics showed an outperformance in the FX volumes as markets reacted to volatility set off by the US election.

Wallets are Overrated and Norway’s Final Nail in the Coffin

Posted: 02 Dec 2016 03:50 AM PST

We wrap up another week with a selection of our editors' favourite stories and reading recommendations.

SFC and FINMA Sign MoU on Switzerland-Hong Kong Mutual Recognition of Funds

Posted: 02 Dec 2016 03:18 AM PST

The MoU will enable eligible funds to be distributed in each other's markets and allows for exchange of information.

Credit Scoring via Mobile Activity: A Game Changer for the Unbanked?

Posted: 02 Dec 2016 01:53 AM PST

Credit scoring through mobile-behavior analysis may be good news for the developing world and the financial industry.

MetaQuotes Updates Web Platform with Enhanced User Authentication

Posted: 02 Dec 2016 12:42 AM PST

MetaQuotes' MetaTrader 5 platform now offers improved protection of accounts against unauthorised access.

CWM’s Mastermind Anthony Constantinou Jailed for Sexual Assault

Posted: 02 Dec 2016 12:33 AM PST

Constantinou has been given a 12 month prison sentence for sexually assaulting two women.

Exclusive: Stockpair Partners With German Football Star Lothar Matthäus

Posted: 01 Dec 2016 11:40 PM PST

The former football player and coach is going to become the company's brand ambassador

Singapore’s MAS Bans Former Goldman Sachs Banker Amid 1MDB Scandal

Posted: 01 Dec 2016 11:30 PM PST

Tim Reissner is being punished by the Singapore authorities for breaches relating to his dealings with 1MDB.

Thursday, December 1, 2016

PIMCO Settles With SEC For $20m After Misleading Investors Over ETF

PIMCO Settles With SEC For $20m After Misleading Investors Over ETF


PIMCO Settles With SEC For $20m After Misleading Investors Over ETF

Posted: 01 Dec 2016 02:09 PM PST

PIMCO was on the hook for $20m to settle charges to the SEC after misleading investors over its ETF performance.

OANDA Corporation Altering Margins, Capping Leverage on Select FX Pairs

Posted: 01 Dec 2016 01:01 PM PST

Starting next week, OANDA will have several new margin requirements for major currency pairs.

XM.COM Raising Margins Ahead of Italian Referendum

Posted: 01 Dec 2016 11:48 AM PST

XM.COM is the latest broker to take precautionary steps ahead of this weekend, hiking EUR margin requirements.

Banco de México Governor Agustín Carstens Appointed as BIS General Manager

Posted: 01 Dec 2016 10:42 AM PST

Agustín Carstens held a variety of posts in the Banco de México in a career spanning over 20 years.

Interactive Brokers’ November Volumes Jump MoM, Accounts Reach New Highs

Posted: 01 Dec 2016 10:01 AM PST

Total accounts hit all time highs with November also bringing strong growth to its DARTs

European Commission Adopts Rules to Bolster Commodities Market Regulation

Posted: 01 Dec 2016 09:48 AM PST

The standards will strengthen the regulation of commodities markets and curb price speculation.

SIX Swiss Exchange Posts Solid Volumes in November 2016

Posted: 01 Dec 2016 09:28 AM PST

The Zurich-based bourse said that trading turnover at the exchange's venues was brisk in November.

FXSpotStream’s Volumes Record Fresh 2016 Highs in November

Posted: 01 Dec 2016 08:46 AM PST

FXSpotStream reported a 2016 best in its volumes, boosted by markets flush with volatility during November.

TMX Insights Partners with Velocity Trade, Enhancing FX, Equities Capabilities

Posted: 01 Dec 2016 08:14 AM PST

A new partnership will see Velocity Trade and TMX Insights bolster each others' analytics capabilities.

Plus500 Shares Dive 13%, Company Issues Clarification Statement

Posted: 01 Dec 2016 08:08 AM PST

Speculation about the company's use of bonus promotions and leverage in Europe is driving shares lower.

Deutsche Börse’s November Turnover Spikes on Heightened Volatility

Posted: 01 Dec 2016 07:35 AM PST

High volatility helped propel Deutsche Borse's turnover across the board in November.

Cryptographer Who Broke the NSA’s Secure Hash Algorithm Joins Symbiont

Posted: 01 Dec 2016 07:30 AM PST

Dr. Lisa Yin is the new Chief Security Officer and Chief Cryptographer of the smart securities blockchain developer Symbiont.

Yasin Qureshi’s Naga Group Launches Gaming Venture with Deutsche Börse

Posted: 01 Dec 2016 07:00 AM PST

Switex will provide the first global exchange for virtual gaming products.

US Court Rules Coinbase Exchange Must Surrender Bitcoin User Details to IRS

Posted: 01 Dec 2016 06:03 AM PST

Coinbase is still expected to fight the IRS' broad and overreaching demands in the American justice system.

Sapient Upgrades CMRS Platform to Support Israeli New Reporting Regulation

Posted: 01 Dec 2016 05:49 AM PST

CMRS enables firms to more efficiently meet their regulatory reporting commitments through an outsourced self-service.

Hyperledger Project Now Sports 100 Members, Growth in China

Posted: 01 Dec 2016 04:24 AM PST

Hyperledger members now come from all over the world: 25% from China, 14% from APAC, 20% from EMEA and 41% from the U.S.

Former CBOE Member Fined $21.8m for Fraudulent Activities in Ponzi Scheme

Posted: 01 Dec 2016 04:23 AM PST

Wilkinson fraudulently solicited $11 million from investors claiming he would trade financial instruments on their behalf.

OANDA Hires Neil McDonald as Global Head of Trading and Quantitative Analytics

Posted: 01 Dec 2016 03:55 AM PST

Neil held several executive management functions at Citadel, Morgan Stanley, Lehman Brothers, and Goldman Sachs.

The Cloud Attacks: E-Commerce and Geopolitical Hegemony

Posted: 01 Dec 2016 02:56 AM PST

Chinese e-commerce initiatives are coming soon to Latin and South America, the US back door.

enepath and Insightful Technology Team Up to Enhance Voice Trading Product

Posted: 01 Dec 2016 02:38 AM PST

Although a great deal of trading is now accomplished through electronic trading platforms, some phone trading persists.