Repo trading platform GLMX will now operate as an alternative trading system (ATS) and broker-dealer.
FX traders at Deutsche Bank were found to have used online chat rooms to coordinate trading activity and manipulate currency prices.
Avoiding the pain points of pre-trade risk controls may be tough, but it is possible, through the use of API-based systems that normalise information across markets, identify gross exposures and allow controls to take account in real time of any risk offsetting.
Crypto Facilities will launch Litecoin futures contracts this week in a move that could open up the market to institutional players.
ESMA confirms there will be no extension to the six-month grace period implemented just two weeks before MiFID II went live on 3 January this year.
Sylvain Thieullent, chief executive of Horizon Software, speaks to TRADE TV about the vendor’s new financial investment and what it means for Horizon going forward.WATCH VIDEO
INSIDE THE MAGAZINE
Bank of America Merrill Lynch admits masking millions of orders and will pay $42 million for the second time this year.
Luminex Trading & Analytics saw record month of activity in May in terms of shares traded and notional value traded.
Investigation by Competition and Markets Authority into ION Investment Group’s acquisition of Fidessa could delay the deal.
Nasdaq, EuroCCP, Euroclear and ABN AMRO Clearing use blockchain for collateral processes in ‘breakthrough for CCP model’.
AXA Investment Managers will cut 160 jobs in France and 40 in the UK as part of organisational restructure.
Traders at JP Morgan allegedly traded at the 11.00am fixing time to manipulate the USD ISDAFIX interest rate swaps benchmark.
The internet may not be able to handle vast amounts of crypto transactions, according to the Bank for International Settlements claims.
Citibank allegedly made millions in “unjust gains” from governmental and not-for-profit counterparties by manipulating the USD Libor benchmark.
New report suggests that spending, automation and outsourcing of compliance functions at buy-side firms will increase over the next five years.
AlphaPoint provides blockchain technology to help clients launch trading platforms and tokenise assets.