Search Results for: CFTC
Oil Prices Edge Down Amid Little-Improved Supply Picture
March 29th, 2016
Oil prices edged down Monday, extending last week’s decline, as traders returned from a long holiday weekend to a market with little improvement in supply-and-demand conditions. The benchmark U.S. contract fell 0.2% to $39.39 a barrel on the New ...
Banc de Binary Reaches $11 Million Settlement with U.S. Authorities
February 26th, 2016
Company alleged to have illegally signed up U.S. investors to binary options trading platform Banc de Binary Ltd., a financial trading company and a sponsor of Liverpool Football Club, has agreed to an $11 million settlement with U.S. authorities ...
ISDA Publishes Principles for US/EU Trading Platform Recognition
February 26th, 2016
The International Swaps and Derivatives Association, Inc. (ISDA) published a set of principles for achieving comparability determinations between US and European Union (EU) trading platforms. The paper analyzes the regulatory frameworks in the US and EU, with the aim ...
Quantitative Brokers Launches Best Execution Algos for VIX Futures
February 23rd, 2016
Quantitative Brokers (“QB”), a leading provider of clearer and dealerneutral agency algorithms for fixed income and futures markets, has launched its best execution algorithmic offering on CBOE Futures Exchange (“CFE”). As an agency broker, QB will work closely with ...
Japan’s Fsa Warns Against Unauthorized Optionrally, Two Other Binary Options Brokers
February 11th, 2016
Japan’s financial watchdog, the Financial Services Agency (FSA), included on Wednesday into its alert list binary options brokers LFG Investment, trading as OptionRally, and WorldOptionner Management Office and BizOption Management Office, trading as Bizoption and Worldoption, respectively. The three companies have been providing financial services in the ...
European Commission and the United States Commodity Futures Commission: Common approach for transatlantic CCPs
February 11th, 2016
Commissioner Jonathan Hill and the US Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad have today announced a common approach regarding requirements for central clearing counterparties (CCPs). The US and EU are home to the largest derivatives markets in ...
Gold hits new 3-month high on global economy concerns
February 8th, 2016
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a peak of ...
Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase
February 8th, 2016
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the ...
Federal Court fined individual for Forex Fraud
February 5th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that Federal Court in Florida Orders Restitution, a Civil Monetary Penalty, and Permanent Injunction against Robert Tripode for Engaging in Fraud in Connection with Forex. The ...
SEC: Alternative Fund Manager Overcharged Fees, Misled Investors
January 20th, 2016
The Securities and Exchange Commission today announced that a Denver-based alternative fund manager has agreed to settle charges that the firm overcharged management fees and misled investors about how it valued certain assets. An SEC investigation found that Equinox ...
