"On the one hand having competition is good. But having competition that plays by different rules isn’t good. Too many of these companies operate kind of dodgy. I have even heard of people registering who were able to open and register accounts as Mickey Mouse and Kermit the Frog" - Glenn Stevens, CEO, GAIN Capital
Read moreThe Memorandum of Cooperation establishes arrangements between the signatory authorities regarding Central Counterparties (CCPs) that are established in Japan, are licensed or approved by the JFSA, and have applied for recognition under EMIR
Read moreThe Financial Conduct Authority (FCA) considers that automated copy trading constitutes portfolio management and is defined as such under MiFID, therefore subject to regulation on that basis, however following signals and executing trades manually is not categorized as portfolio management
Read moreMalta Financial Services Authority sets out some new criteria regarding the licensing of entities that would like to offer online forex trading to retail clients in terms of the Investment Services Act, Cap. 370...
Read moreCinnober's trade reporting platform offers MiFID-compliant pre-trade quoting and post-trade reporting for all European OTC for MTFs and investment firms
Read moreThe European Securities and Markets Authority has requested the submission of tender for assisting with a four year policy, promising to remunerate companies which participate
Read moreAmbiguity as to how to define spot FX contracts to be addressed by the European Commission in advent of MiFID II
Read moreEurope's financial regulators are following in North America's footsteps one year later, as Keler CCP becomes the ninth central counterparty to be authorized under the new EMIR rulings for OTC derivatives, including FX.
Read moreFX companies in Eastern Europe hopeful for steady growth in Russia and the CIS region Unencumbered by the imminent regulatory restructure in the form of MiFID II and EMIR, FX firms which operate from European jurisdictions outside of the European Union have thus far had a free reign to capitalize on the ever-increasing prominence of…
Read moreIt was about time to have a single framework to access EU wide information through a single resource It's been a long time coming - finally the European authority in charge of financial markets, the ESMA (European Securities and Markets Authority), has issued a press release that details the introduction of a single, consolidated register for…
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