Eurex Clearing, , announced this Thursday that its over-the-counter (OTC) foreign exchange (forex) clearing service is up and running, having cleared the first cross-currency swap…
Posts published in October 2019
Tracy Kent Joins FlexTrade As Sales Director
Finance Magnates learned on Wednesday that Tracy Kent has joined as a sales director. Kent joins the trading technology provider from FXSpotStream where she was…
TradeTech’s Rasoul: “We Can Lower Brokers’ Market Data costs”
Market data has for CFD providers and other retail trading firms. With expensive compliance costs, complex contracts and an annoying set of bureaucracy, it’s not…
Market Maker GTS Opens Office in Tel Aviv
Global Trading Systems, a market maker with headquarters in New York, said on Wednesday that it is opening an office in Tel Aviv. The new…
BitFunder Operator to Pay Restitution of $155,500
The exact restitution that Jon Montroll, the operator of the shuttered Bitcoin securities exchange BitFunder and WeExchange needs to pay has been determined on Tuesday…
NY Authorities to Revisit Requirements for BitLicense
The New York Department of Financial Services (NYDFS) is re-evaluating the requirements for the controversial , a mandatory license for crypto companies willing to operate…
Exclusive: MultiBank Becomes Official Partner of BMW M Motorsport
MultiBank Group has revealed exclusively to Finance Magnates this Wednesday that it has signed an agreement to become the Official Partner of BMW M Motorsport…
Facebook Not the ‘Ideal Messenger’ for Libra: CEO to Tell Congress
On a testimony before Congress , Facebook CEO Mark Zuckerberg is going to admit that the social media company is not the “ideal messenger” for…
How AI is Forming the Future of Market Data in Crypto & Beyond
The adage that “data is the new oil” is frequently tossed around in the discourse surrounding financial markets, and for good reason–after all, having…
More Delays in US AFX Case, Sanctions Hearing Gets Pushed Back
There has been another delay in the case against Esther DuVal, the Chapter 11 Trustee of the jointly administered estates of Avenica, Inc. and Gallant…