Tag: algorithmic trading

Instinet applies for Payment Institution status

Nomura’s agency-only broker Instinet has applied to the Financial Conduct Authority to become an authorised Payment Institution, enabling it to react to changes in the way research is paid for by institutional clients.

Currency volatility hits brokers and banks

FXCM – one of the world’s largest currency brokers - had its shares suspended today following significant losses resulting from an announcement from the Swiss National Bank.