Scandinavia Spearheads Exchange-Traded Derivatives Rush As Oslo Børs Ups Its Game LeapRate

March 18, 2014 BY Andrew Saks-McLeod

Scandinavia Spearheads Exchange-Traded Derivatives Rush As Oslo Børs Ups Its Game

Oslo Børs implements Baymarkets Edge derivatives platform as exchanges embrace opportunities in current OTC markets Whether the probe into a whole host of international financial institutions which accuses them of FX rate manipulation is partly responsible for driving the recent developments in exchange-based infrastructure within a predominantly OTC industry sector is hard to measure, however…

March 11, 2014 BY Andrew Saks-McLeod

KCG Appoints Anthony L. Abenante As Senior Advisor Within Global Execution Business

KCG places value on the use of strategic industry professionals to ensure effective corporate governance as ex-Instinet co-CEO is appointed as Senior Advisor KCG Holdings, Inc. (NYSE: KCG) has today announced that Anthony L. Abenante has joined the company as a Senior Advisor to the firm's Global Execution Services business. In his new executive role,…

March 11, 2014 BY Andrew Saks-McLeod

e-Algo LLC Hits The Market With David Lyon At The Helm

Former Marold Capital Management Director of Research & Development founds e-ALGO LLC in US

March 10, 2014 BY Andrew Saks-McLeod

LCH.Clearnet Makes Further Expansion To SwapClear Service

Electronic trade clearing house LCH.Clearnet has today announced that it has expanded its compression offering to include multilateral compression via its interest-rate derivatives clearing service, SwapClear Multi compression is now congruent to SwapClear’s existing Solo and Duo compression capabilities and enables multiple members to simultaneously compress their trades with each other, representing the latest corporate…

March 06, 2014 BY Andrew Saks-McLeod

BNP Paribas Suspends Head of FX Trading In Latest Development In Manipulation Probe

European and North American regulatory authorities continue their investigations into possible manipulation of FX market parameters by banks, with France's largest bank, BNP Paribas having today suspended its Head of FX Trading Last year was a year of mixed virtues. Within the FX industry, great progress was made in terms of corporate performance when compared…

March 06, 2014 BY Andrew Saks-McLeod

Goldman Sachs Appoints Former J.P.Morgan Executive As Head of FX Trading

Kayhan Mirza joins Goldman Sachs as Head of Foreign Exchange Trading following fourteen years at J.P. Morgan Chase International financial giant Goldman Sachs has today announced the appointment of Kayhan Mirza to the position of Global Head of Foreign Exchange. Mr. Mirza joins Goldman Sachs in this senior executive capacity following a fourteen year tenure…

March 06, 2014 BY Andrew Saks-McLeod

International Latency Race Continues As Mercury Minerva Upgrades HFT System With 25% Performance Increase

As the world of HFT and algorithmic trading continues to up its game, Mercury Minerva's release of Gunslinger-HFT 2.0 Achieves 750ns Event-Detection-to-Trade Latency using Solarflare AOE with Altera Stratix FPGA As regulatory authorities in many jurisdictions which are home to major FX market participants continue to bear down on high frequency trading (HFT) and automated trading…

March 05, 2014 BY Andrew Saks-McLeod

smartTrade Technologies Appoints Ex-Informatica Senior Executive As Business Development Director

Lalit Nathwani joins institutional liquidity management systems and multi-asset dealing platform provider smartTrade Technology following eight year tenure at Informatica Institutional cross-asset liquidity management software company smartTrade Technologies has today announced the appointment of Lalit Nathwani, who will assume the position of Business Development Director. Mr. Nathwani joins smartTrade Technologies with substantial experience gained via a…

January 29, 2014 BY Gerald Segal

FCA bans former BGC executive Anthony Verrier from the financial services industry

Verrier has previously worked for two active players in institutional forex UK regulator FCA has announced in a press release that the Authority has decided to permanently ban from the financial services industry Anthony Verrier who held a senior executive position at BCG Partners. According to the regulator there are serious concerns over Mr Verrier’s…

July 03, 2013 BY Gerald Segal

LMAX planning US expansion

LMAX CEO David Mercer: "We need to be in New York in the next 12 to 18 months." UK-based institutional FX broker LMAX, which dubs itself a 'multi-lateral trading facility for foreign exchange', in indicating its intention to open a US operation by the end of 2014. In a posting on its website, LMAX CEO David…

Tag: institutional Forex