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Analysis
BCS Appoints Ex-BofA Merrill Lynch MD Max Hayden as Head of Business Development
2014-04-15T13:20:56.000+02:00
The latest person to head BCS Financial Group's new business development efforts brings a nearly 30 year career holding senior roles in financial services including in Foreign Exchange related positions.
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Exclusive: Peter Plester Rabobank Head of PB departing to Join Saxo's Prime Brokerage
2014-04-08T16:30:10.000+02:00
With over 23 years experience in Forex, spanning careers with Daiwa Europe Bank, Societe Generale, and as of most recently Rabobank International, next stop for this executive is Saxo Bank's PB business.
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CFH Clearing Secures Partnership Agreements in Turkey, Appoints Regional Director
2014-03-31T09:15:35.000+02:00
The UK-based subsidiary of CFH Group, operating under the CFH brand, and involved in clearing, has announced its appointment of Mehtap Önder as Regional Director in Turkey, ahead of the FX Conference this week.
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Going Global: Tullett Prebon Opens New Alternative Investments Office In Dubai
2014-03-11T14:22:26.000+02:00
Tullett Prebon has announced the opening of an office in Dubai, along with the appointment of Gahtan Vahidy as the Head of Alternative Investments in a bid to increase exposure in the Middle East.
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Exchanges
CME Group Granted FCA Authorization, European Exchange Slated for April 27 Launch
2014-03-11T12:07:34.000+02:00
CME Group, one of the world’s largest options and fx exchanges, has announced its successful bid and approval from the Financial Conduct Authority (FCA) for its newest London-based derivatives exchange.
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Regulation
Thomson Reuters Creates Subsidiary to Govern Benchmarks Ahead of Regulatory Deadline
2014-03-10T12:44:44.000+02:00
Thomson Reuters has unveiled the Thomson Reuters Benchmark Services Limited (TRBSL), a subsidiary aimed at managing and overseeing financial benchmarks that were previously the target of LIBOR manipulation.
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Technology
ABN Amro Clearing Launches Integrated Multi-Asset Clearing Platform
2014-03-06T17:52:07.000+02:00
ABN Amro Clearing has announced the launch of its new global execution platform, providing clients with intercontinental routing capabilities for a variety of asset-classes via a single FIX connection.
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Exchanges
FastMatch Launches New Matching Engine in Tokyo, Targets FX Clients
2014-03-04T12:47:14.000+02:00
FastMatch, a matching system for forex trading, whose ownership includes FXCM, Credit Suisse, and BNY Mellon, has announced the launch of its new engine, located in the Equinix IBX Data Center in Tokyo.
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Technology
CheetahFIX and LSE Jointly Expand Trading Services Offering to Johannesburg Exchange
2014-02-12T04:17:48.000+02:00
CheetahFIX, a services provider for South Africa, has linked with the London Stock Exchange in an expansionary move to help integrate its solutions suite for a rapidly growing African trading community.
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Technology
OptionsCity Tabs Interxion for Expanded Exchange Hosting in London
2014-02-11T03:31:56.000+02:00
OptionsCity, a multi-asset trading provider, has tabbed Interxion for its expanded hosting capabilities in London by utilizing its European-oriented cloud and carrier-neutral colocation services.
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ICBC Purchases 60% of Standard Bank's Market Unit, Makes Push for London-Based FX Offering
2014-01-30T06:35:32.000+02:00
Global lender Industrial & Commercial Bank of China Ltd. (ICBC) has agreed to a deal worth $765 million with Standard Bank Group’s (SBK) market unit in an effort to expand its commodities and fx offering.
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Exchanges
LSE Group Q3 Income up YoY 48% at £308M, LCH.Clearnet Income up 3% YoY Pro Forma
2014-01-24T00:52:03.000+02:00
The London Stock Exchange Group, operator of several exchanges throughout Europe, including its recently acquired LCH.Clearnet business, has reported strong revenues, and increases across its business lines.
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Regulation
FCA Update, Full Story Behind January 1st, 2014 Rules, and Clone Website Warnings
2014-01-07T18:18:33.000+02:00
An extensive research by Forex Magnates informs readers of what is new and what is not, regarding recent rules that went into effect for firms authorised and/or registered with the UK's Financial Conduct Authority.
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Exchanges
ICAP December FX Average Daily Volumes $71 Billion, Down 11% from November
2014-01-03T18:26:38.000+02:00
UK-based interdealear broker and operator of markets in multiple asset classes, and providing post trade risk mitigation and information services, has reported electronic broking totals for December 2013 to finish up the year.
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Brokers
A Year In Retrospect: 2013 Heralded High Hopes, Technological Developments, M&A, & A Bank Run
2014-01-01T12:13:16.000+02:00
On the final day of 2013, reflection upon a year of record volumes, technological advancement, debate and M&A activity likely fills the boardrooms of FX firms. Forex Magnates reviews the highs, lows and points of interest.
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Technology
A Look Back At Trading Volumes: FX Industry Hangs Tough As 2013 Bows Out
2013-12-31T12:00:15.000+02:00
Although 2013 brought good fortune to many FX firms, it was not a time for companies to rest on their laurels. On the contrary, as volumes increased, strategic corporate decisions were taken to move the industry on.
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Analysis
What Do You Get When You Combine Proprietary Trading and Social on Mobile? TopTradr
2013-12-11T22:29:46.000+02:00
This London based proprietary trading firm is completely mobile, and allocates funds to traders based on social, via ranking performance to determine the top trader, Forex Magnates interviews the firms CEO, in today's review.
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Exclusive: FXOpen Launches UK site after Successful Regulation with FCA, Full Story
2013-11-15T15:33:26.000+02:00
With entities regulated in New Zealand, Australia and now the United Kingdom, the latest forex broker to launch a website in the esteemed financial capital of foreign exchange trading speaks with Forex Magnates.
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And The Winners Are....! Forex Magnates 2013 Award Ceremony Results
2013-11-12T21:34:17.000+02:00
Concluding the Forex Magnates London Summit this year was the annual award ceremony, during which companies judged to be the best in each of 15 categories were presented with an accolade by Michael Greenberg.
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Top FX Executives Look Forward To Day Two Of The Forex Magnates London Summit
2013-11-12T11:50:14.000+02:00
The 2013 Forex Magnates Summit begins its second day, with 750 of the world's top figures at the forefront of the FX industry set to participate in discussions, networking, culminating in this evening's award ceremony.
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Technology
London Calling! Forex Magnates Prestigious Summit Commences Tomorrow
2013-11-10T11:49:30.000+02:00
Forex Magnates is set to welcome 750 of the FX industry's senior figures as the doors open tomorrow morning on the London Summit, encompassing two days of discussion, exhibition, networking and awards.
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Exclusive: Ex-JP Morgan Lawyer David Andrews Launches Atom8, A New ECN in London
2013-11-05T16:28:03.000+02:00
London continues to shine as a center for both retail and institutional FX, today becoming home to Atom8, a newly launched ECN which provides spread betting, FX and CFDs via a proprietary platform.
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Technology
The Legitimization Of Bitcoin: Kraken Partners With BaFin Regulated Fidor Bank
2013-10-09T15:20:43.000+02:00
The recently introduced Kraken digital currency exchange today announced its partnership with Fidor Bank to provide Kraken’s users with access to traditional financial services under the German-regulated institution.
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End Of The Silk Road: BTC Global CEO Mauro Betschart Speaks Out Post Seizure
2013-10-07T16:45:33.000+02:00
Following the governmental seizure of deep web virtual currency marketplace Silk Road, BTC Global CEO and Founder speaks to Forex Magnates on his view of the effect from within the cryptocurrency industry.
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Trading
LiteCoin Anonymous Marketplace Atlantis Goes Under After Just Six Months
2013-09-22T17:37:06.000+02:00
After just six months in operation, Atlantis, the anonymous marketplace for LiteCoin, has announced that it is ceasing operations, posts message to customers to withdraw within a week.
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