Search Results for: trading platform
BATS to expand FX offerings on Hotspot, mulls new fees
December 18th, 2015
BATS Global Markets is considering adding market data products and connectivity fees to its Hotspot FX foreign exchange trading platform to boost revenues, according to a regulatory filing. Hotspot, which institutional investors use to trade one currency against another ...
AMF Enforcement Committee sanctions Virtu Financial Europe and Euronext Paris
December 10th, 2015
On 4 December 2015, the Enforcement Committee handed down a penalty of €5 million to Virtu Financial Europe for market manipulation and ignoring Euronext market rules. It also handed down a penalty in the same amount to Euronext Paris ...
ASIC: Etrade Australia Securities Limited pays $65,000
December 9th, 2015
Etrade Australia Securities Limited (Etrade) has paid a penalty of $65,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP found it had reason to believe that Etrade had contravened subsection ...
ASIC: Australian Investment Exchange Limited pays $130,000
December 9th, 2015
Australian Investment Exchange Limited (AUSIEX) has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was for AUSIEX: failing to have in place organisational and technical ...
TrueEX locks in JPM, RBS for swaps service
December 9th, 2015
Trading platform trueEX has rolled out a new automated trading service for swaps and locked in the participation of two major dealers – something of a coup as banks have traditionally been unwilling to support such efforts in the past. JPMorgan and Royal ...
Clearpool Secures a Multi-Million Dollar Investment from Edison Partners
December 2nd, 2015
Rapidly Growing Clearpool to Step Up Plans for Further Innovations in its Electronic Trading Software Development and Go-to-Market Strategy Clearpool Group today announced it has received an $8 million investment from growth equity firm, Edison Partners. Clearpool is a ...
Big banks accused of interest rate-swap fixing in U.S. class action suit
November 26th, 2015
A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court ...
Saxo Bank signed partnership with JSC Galt & Taggart
November 25th, 2015
Saxo Bank, the multi-asset trading and investment specialist, today presents its new white label partnership with JSC Galt & Taggart, a wholly owned investment banking subsidiary of Bank of Georgia Holdings PLC listed on the main market of the ...
Currency Spoofing Is Said to Be New York’s Latest Target
November 24th, 2015
Subpoenas sent to brokers including TFS-ICAP, Tullett Prebon Schneiderman probing FX options linked to emerging markets The New York attorney general is investigating possible manipulation in foreign-exchange trading, according to a person familiar with the matter, aiming more scrutiny ...
BGC Partners Names Anthony Warner General Manager Of London
November 18th, 2015
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”), a leading global brokerage company servicing the financial and real estate markets, today announced Anthony Warner, an accomplished leader in financial trading globally, will be appointed Senior Managing ...
