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LeapRate Analyst
November 30, 2016 BY admin

CFTC grants CME Clearing Europe registration as a Derivatives Clearing Organization

The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an order granting CME Clearing Europe Limited (CMECE) registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA). Under the order, CMECE will be authorized to provide clearing services for U.S. clearing members as well as their customers under…

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November 30, 2016 BY admin

Admiral Markets reduces leverage ahead of Italian constitutional referendum

Here we go again with European geopolitical risk...roughly 6 months after the surprising "Brexit" vote, Italians are ready to make their voices heard regarding their politics. As such, brokerages are beginning to adjust trading conditions for the event. EU and FCA regulated broker Admiral Markets announced margin requirement updates as market uncertainty is increasing around…

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November 30, 2016 BY admin

Portware releases new version of its multi-asset execution management system

Portware, a FactSet Company and a global provider of multi-asset trade automation solutions powered by artificial intelligence (AI), today announced upgrades to its execution management system (EMS), Portware Enterprise. Portware Enterprise is a fully customizable “thinking” EMS designed to act as the central platform for the creation and execution of trading strategies for global equities,…

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November 30, 2016 BY admin

CME Europe renews 'Forex Liquidity Creation Program'

CME Europe has just informed members that it will be extending its FX Liquidity Creation Program (LCP) commencing on December 1st. The renewal is a success for the program which was first announced back in May as first reported by LeapRate. It should be noted that existing participants in the FX Market Making program are not eligible to…

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November 30, 2016 BY admin

NFA submits new Forex trade transaction disclosure rules to CFTC

The National Futures Association (NFA) this week has submitted to the Commodity Futures Trading Commission (CFTC) new Forex data transaction disclosure rules which were unanimously approved by NFA board members and of which reps from the five USA based retail Forex Dealer Members (FDMs) indicated that they had no objection to providing. The proposed compliance rule…

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November 30, 2016 BY admin

Québec financial regulator adds 12 binary options websites to warning list

Once again, the Autorité des marchés financiers (the AMF) the organization responsible for financial regulation in the Canadian province of Québec is sounding the alarm and alerting Québec consumers to the dangers of unauthorized binary options websites. The AMF wishes to stress that no business is currently authorized to market or offer binary options in…

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November 29, 2016 BY admin

Saxo Bank taps Fix8Pro for global market connectivity

Global broker Saxo Bank just announced they will use Fix8Pro as part of a new high performance market connectivity engine. Fix8 Market Tech, founded in 2013 also offers Fix8 – a free, open-source framework that developers can use to build FIX applications using any FIX version, utilizing built-in testing and performance-enhancing features. Saxo Bank Chief…

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November 23, 2016 BY admin

Neo & Partners teams up with Horizon to bring HFT platform to The Trading-Atrium

Horizon Software, a global technology provider for electronic trading and investment management, today announced its collaboration with Neo & Partners Global (NPG), Asia’s and Singapore’s first provider of smart electronic trading ecosystems coined as The Trading-Atrium. Reported by LeapRate back in July of 2014, The Trading-Atrium was launched in order to attract more foreign trading…

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November 23, 2016 BY admin

Forex platform firm Visual Trading Systems onboards Stephen Leahy as CEO

Visual Trading Systems, a New York headquartered provider of trading platforms and BI analytics for the Forex and OTC derivatives trading industry today announced two key executive hires and plans for a restructured product line. Experienced FX industry veteran Stephen Leahy has been appointed new CEO of Visual Trading Systems. He most recently worked as…

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