Kweku Adoboli, a former trader who has been making headlines over the past seven years after racking up a £1.8 billion ($2.3 billion) unauthorised trading loss,…
Posts published in September 2018
Australian Dollar Fails to Hold Ground After RBA Meeting
The Australian dollar attempted to hold its ground after the policy meeting of the Reserve Bank of Australia but failed and is now trading below the opening level. The worse-than-expected current account balance added…
The (ASX) announced today that it has delayed the expected launch of its distributed ledger technology (DLT) network, otherwise known as blockchain, which will replace the…
Market Data Compliance: a New Headache for CFD Firms?
This article was written by , founder and CEO of OSS Consult Limited. In it, he interviews Rafah Hanna, a consultant who has worked at…
Societe Generale to Pay €1.2 Billion in Penalties to US Authorities
French multinational bank Societe Generale announced today that it expects to pay €1.2 billion ($1.4 billion) in penalties to United States authorities to settle international…
Societe Generale Appoints Alexandre Mateus to its FX Trading Team
Societe Generale, a , has added Alexandre Mateus to its forex trading team in Paris. In his new role, Mateus will report to Cedric Beaurain, head…
Nomura Adds Sales Veteran Ian Daniels to e-FX team
Japanese investment bank Nomura has hired forex sales veteran Ian Daniels to join its e-FX sales team in London, according to a report from FX…
Thomson Reuters Launches Reporting Solution for Investment Firms
Thomson Reuters announced today that it has launched RTS 27 Now, a reporting solution aimed to help banks that have registered as systematic internalisers (SIs)…
RoboForex Goes Against the Trend, Launches 50:1 on Crypto
RoboForex is launching an extremely high-leverage product via the company’s Belize-regulated subsidiary. As the industry is tackling the reduction of leverage across the , the…
Regulator’s Primary Motivation on Crypto? “Fear”, Says Nicc Lewis
This is an excerpt. To hear the full interview, please click the Soundcloud or Youtube links. The massive market slides that have taken place over…