The five investigations concern potential breaches by Alphabet Inc’s (GOOG), which owns Google, Apple Inc. (AAPL), and Meta Platforms, Inc. (META). Instigating these probes only two weeks after the DMA’s deadline shows the European Union (EU) is taking the legislation and gatekeeper compliance seriously. The law came into effect on 7 March 2024. It requires…
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Peter Johnson, Director (Legal & Compliance) at DMA said: We selected SteelEye because we wanted to facilitate MiFIR reporting solutions for certain institutional clients using DMA services. When noting the offering also included Trade Surveillance and Best Execution, we decided to extend the services with SteelEye in order to take full control of our compliance…
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FX prime brokers, J.P. Morgan and NatWest Markets announced earlier today that they are now providing access to Spotex’s institutional ECN. Both companies join as Spotex is expanding its presence in the institutional FX market segment with the firm’s introduction of new disclosed direct market access (DMA) liquidity pools as well as other initiatives to…
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QuantHouse is a Paris-based end to end systematic trading solutions provider.
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Moscow Exchange (MOEX) just announced that Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange's FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible to operate on the currency market on the…
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London-based Object Trading, a global provider of multi-asset direct market access trading infrastructure has announced integration with uTrade Solutions, an independent trading screen vendor based out of India and the UK. Through this partnership, Object Trading clients get access to markets that uTrade connects to natively, and uTrade clients get access to 60+ markets connected to…
Read moreWith market execution you receive the prevailing market price at the moment your order is executed. FCA-UK and CySEC leading global online brokerage FxPro following the recent expansion of its product range to MT4 Web, is now expanding its range of trading accounts by introducing MT4 with market execution. This account type and its demo version are…
Read moreTier1FX, the STP-DMA agency model broker regulated by the Malta Financial Services Authority, is pleased to announce that KPMG in Malta has been engaged to review its offering in FX and CFDs. Having examined its trading execution system and tested a representative sample of transactions in 2015, the resultant report has confirmed that these trades…
Read moreMulti-asset trading and investment expert Saxo Bank has announced that it will no longer act as a Market Maker for Single Stock CFDs from December 14, 2015 (Monday). Instead, starting from the above-mentioned date, the broker will be offering Single Stock CFDs on a pure Direct Market Access (DMA) basis where all orders will be routed…
Read moreExpands use of Fidessa technology to offer low-touch DMA and high-touch F&O trading services.
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