The US financial watchdog, Commodity Futures Trading Commission (CFTC), announced that BGC Partners has been approved to operate as a Swap Execution Facility (SEF). BGC Partner’s subsidiary,…
Posts published in September 2013
Executive Interview: Lior Nabat, Tradency’s CEO Discusses Dynamics of Social Trading
Over recent years, FX companies wishing to increase their share of retail clients who perhaps are new to FX trading, or indeed, generate an environment…
CFTC Grants TeraExchange Temporary SEF Registration
TeraExchange, a US based multi- asset execution venue has been granted Swap Execution Facility (SEF) registration. The Commodity Futures Trading Commission, announced that it had…
Yen Experiences Massive Sell-Off
The Japanese yen experienced a massive sell-off as Forex traders felt no need for the safe currency in the trading environment that was favorable to risky investments. The currency slumped even against the US dollar.…
PCI compliance templates can now be downloaded by North American merchants
has made PCI documentation templates available to merchants for compliance instruction and assistance. Templates include: Section 1: Direction on how to become PCI DSS…
Swiss Franc Retains Strength After SNB Maintains Ceiling
The Swiss franc soared yesterday and remained strong today even as the nation’s central bank kept the cap on the currency in place and signaled that it wants the Swissie to weaken. The Swiss National Bank maintained…
Aquis Exchange Deploys AlgoSpan’s AlgoNet to Reduce latency
Aquis Exchange, a UK based multi-lateral trading facility (MTF), announced that it has selected a low latency technology solution by AlgoSpan. The pan-European equities exchange…
FX Broker Warns IB’s Against Possible Phishing Scams Floating Around
Introducing brokers operating in the margin FX business have been hit by a spree of counterfeit emails posing as their broker. In the email, introducers…
Euro Gains as ECB Rate Cut Not Considered Imminent
Euro is gaining ground today as concerns about an ECB rate cut are eased — at least for the time being. The decision of the Federal Reserve to keep the asset purchase program in place in the United States…
Indian Central Bank Gets Tough with FX Traders Using Credit or Debit Card
Following its strong stance taken against online trading in the global FX markets in India. The country’s has issued a further notification aimed at banks,…