MF Global bankruptcy’s last chapter? CFTC announced final client restitution payments LeapRate

LeapRate Analyst

April 03, 2014 BY Andrew Saks-McLeod

MF Global bankruptcy’s last chapter? CFTC announced final client restitution payments

The CFTC’s litigation continues against MF Global Holdings Ltd., Jon S. Corzine, and Edith O’Brien, with restitution proceeding for customers who collectively sustained $1 billion in losses The long, drawn-out saga of defunct FX company MF Global may be put to an end today, as the US Commodity Futures Trading Commission (CFTC) has announced that…

April 03, 2014 BY Andrew Saks-McLeod

After yesterday's debate, what would a UKIP government mean for London's FX industry?

As Brtiain's anti-Europe stance hots up, would an independent UK benefit London's FX industry? Yesterday, two of the most polarizing figures in British politics went head-to-head in a one hour debate on the long-standing subject of whether Britain should retain its status as a member of the European Union (EU), or to go it alone…

April 03, 2014 BY Andrew Saks-McLeod

UBS to avoid all penalties in FX rigging investigation?

European financial regulators may consider the global FX giant fully immune from any penalties whatsoever as a result of assistance with inquries into the FX rigging probe The days when traditional banking practices in which customers paid for the service that they received on a per-transaction basis are a distant memory to most European corporate…

April 03, 2014 BY Andrew Saks-McLeod

GMO Click March volumes down slightly to $668 billion as strong quarter draws to close

Close competition between Japan's major retail FX firms has not curtailed their performance over recent months After a year in which two notably large firms which gain their client base from the domestic market only, namely GMO Click Securities and DMM Securities experienced monthly volumes of over $ 1 trillion for a sustained period during…

April 02, 2014 BY Andrew Saks-McLeod

Molten Markets unveils fund management platform InstiFX with transparency a top priority

American FX platform provider Molten Markets considers its new solution for fund managers to be the first innovation of its type for 18 years Many concerns have been raised about the transparency of FX execution recently, bringing about a market need for technology firms to keep pace with regulatory change and adapt their solutions accordingly as…

April 02, 2014 BY Andrew Saks-McLeod

LeapRate Exclusive: Western firms may benefit as new Indonesian rulings strive to banish FX

Indonesia's national financial markets regulator will not issue new licenses to FX firms. Will Australian firms reap the rewards? For a great many retail FX companies, the Asia-Pacific region is considered a land of tremendous opportunity. China was considered the mainstay of western FX firms' focus when channeling efforts toward the region, however as time…

April 02, 2014 BY Andrew Saks-McLeod

IronFX promotes Emilio Caleb Lobo to Manage Spanish Office

International experience in leadership positions in FX firms bears fruit as IronFX appoints former COO of NFA regulated firm to lead Spanish operations Few retail FX companies have demonstrated such rapid growth across various regions as IronFX, which has expanded from its original Cypriot roots to cover all continents, with regulatory oversight in the UK,…

April 02, 2014 BY Andrew Saks-McLeod

Changes at the top: Votes take place this month as CFTC is set to shuffle senior commissioners

Senate Agriculture Committee to meet on April 6 to cast votes on three senior level regulatory officials within one of the world's most well-renowned authorities Among the very upper echelons of the US Commodity Futures Trading Commission (CFTC), not only are there some of the world's most highly respected and knowledgeable financial markets regulators, but…

April 01, 2014 BY Andrew Saks-McLeod

NASDAQ’s latest move toward Forex – set to sponsor Shift Forex FXIC NYC 2014 conference

NASDAQ OMX is making clear moves indicating it is looking seriously at on-market FX trading We reported last month that global exchange operator NASDAQ OMX was possibly planning to have listed forex products in the not so distant future. Well a clear next step seems to be taking a higher profile at leading FX industry…

April 01, 2014 BY Andrew Saks-McLeod

LeapRate Interview: Sucden Financial's Jonathan Brewer discusses best execution practices

Will London's institutional sector continue to embrace the ECN model, or will further FX exchanges appear? Institutional FX expert Jonathan Brewer, Head of eFX Sales at Sucden Financial provides a detailed insight LeapRate today spoke to Jonathan Brewer, Head of eFX at Sucden Financial, in order to ascertain his perspective on the best execution model.…

MF Global bankruptcy’s last chapter? CFTC announced final client restitution payments

After yesterday's debate, what would a UKIP government mean for London's FX industry?

UBS to avoid all penalties in FX rigging investigation?

GMO Click March volumes down slightly to $668 billion as strong quarter draws to close

Molten Markets unveils fund management platform InstiFX with transparency a top priority

LeapRate Exclusive: Western firms may benefit as new Indonesian rulings strive to banish FX

IronFX promotes Emilio Caleb Lobo to Manage Spanish Office

Changes at the top: Votes take place this month as CFTC is set to shuffle senior commissioners

NASDAQ’s latest move toward Forex – set to sponsor Shift Forex FXIC NYC 2014 conference

LeapRate Interview: Sucden Financial's Jonathan Brewer discusses best execution practices

ATFX Africa: Empowering Traders Across South Africa

Swoosh Finance: ASIC Alleges Breach of Responsible Lending Obligations

Robinhood Appoints Christopher Payne to Board of Directors

UBS Financial Services Fined $500,000 by FINRA

iM Global Partner Announces Launch of iMGP Euro Select Fund