Rick Steves
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Steves' work has appeared in a variety of online publications including FX Street, NewsBTC, FinanceFeeds, and The Industry Spread. Rick has great interest in the dynamics of the trading industry. The never-ending clash between technology, economics, regulation, and more importantly, the people.
June 2020
The Deutsche Bank to Launch e-FX Hub In Singapore
Deutsche Bank is developing an FX trading and pricing engine in Singapore, in conjunction with the local financial watchdog, MonetaryAuthority of Singapore.
Rob Brown And Richard Cockburn Launch Boutique FX Brokerage
The current climate will however see even greater scrutiny of the service cost and quality, two factors that are key to the SugarCane Capital proposition.
Wombat Invest Launches Women In Power Fund, Tracks Leaders In Gender Equality
Wombat is an Appointed Representative of P1 Investment Management Ltd, who are authorized and regulated by the Financial Conduct Authority.
Scalable Capital Launches Flat-Rate Brokerage Service In Germany
Scalable Capital, a digital wealth manager, has launched Flat-Rate Brokerage Service in Germany which lets customers trade shares, ETFs and funds.
CQG Announces New Algos, Execution Logic from Blue Trading Systems (BTS)
CQG completes a transaction to license certain software assets from BTS to give a comprehensive suite of custom algorithmic strategies to offer clients.
Spotware Releases New cTrader Mobile Version With Dark Theme And Apple Sign In
Spotware has released its cTrader Mobile 3.12 version, which is equipped with the much-requested Dark Theme on IOS and the "Sign in with Apple" function.
Trading Technologies Provides Connectivity to Chinese Derivatives Markets
Trading Technologies has partnered with Huatai Futures to provide connectivity to the Chinese international derivatives markets through the TT platform.
Quantile Completes First Cleared Interest Rate Initial Margin Optimization Run With LCH
Quantile Technologies (Quantile) has successfully completed its first cleared interest rate initial margin (IM) optimization run with LCH.
WFE Issues Guidance on Treatment of Non-Default Losses (NDLs)
The WFE has released guidance on how CCPs ensure that certain non-credit losses are allocated in a transparent, predictable, and equitable manner.
FXCM Launches Oil Spot CFD Products Which do Not Expire
FXCM Group has launched its UKOilSpot and USOilSpot CFD products, which represent the current spot price of West Texas Intermediate and Brent Crude.
Fondex Acquires License In Seychelles for Retail FX And CFD Trading Services
Fondex has set up a new entity, Fondex Limited, related to the acquisition of a license from the Seychelles Financial Services Authority (FSA SC).
Sucden Financial Joins TrueFX as Clearing Member (TCM)
Sucden Financial, clearing and liquidity provider has joined TrueFX as a Clearing Member (TCM) to support their clients' access to liquidity on the network.
Traydstream Integrates Refinitiv’s World-Check to Improve Automated Trade Compliance
Traydstream partnered with Refinitiv’s World-Check, which will integrate seamlessly with its automated Trade compliance checks.
Bitpanda Brings Crypto Trading to Spain as Client Base Grows to 1.2 Million In Europe
Bitpanda has launched its digital investment platform in Spain, where residents will be able to invest over 30 digital assets, form Crypto Trading.
cTrader to Access Gold-i’s Multi-Asset Liquidity From Matrix NETwork
Spotware Systems has partnered with Gold-i so that its FX and CFDs trading platform, cTrader, can access a wide range of multi-asset liquidity.
Quantifind, KYC2020 Offer Free AML Tools Via NICE Actimize Marketplace
NICE Actimize has announced that two new X-Sight Marketplace partners, the customized AML solutions include Quantifind and KYC2020 LLC.
FIS Launches Chargeback Indemnification Service for Crypto Brokers, Exchanges
Fidelity National Information Services, aka FIS, has launched a new chargeback indemnification service designed for cryptocurrency brokers and exchanges.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.