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.
March 2020
Hitachi and Cloudera Deliver New Tokyo Stock Exchange Platform
Tokyo Stock Exchange (TSE) has adopted Hitachi's Pentaho data integration and analysis platform and Cloudera Enterprise Data Hub for its new platform.
Trading Industry Calls for More Regulation on Clearinghouses
A number of leading banks have endorsed and joined as signatories of a buy- and sell-side paper calling for regulatory action to make clearinghouses safer.
Canadian Bank Desjardins Deploys smartTrade’s eFX Trading Platform
Desjardins, a leading Canadian financial services company has deployed smartTrade's fully hosted and managed Foreign Exchange (FX) platform.
Copper.co Partners With SFOX to Exchange Liquidity and OTC Settlement Services
Copper.co has partnered with U.S. prime dealer SFOX to provide its institutional clients instant and secure access to SFOX’s best price execution platform.
FXCM Launches Commission-Free Equity Trading
FXCM Group is expanding into equity trading with the launch of a commission-free trading service in partnership with Interactive Brokers.
OKCoin Switches CEO
Leading fiat-focused digital asset exchange OKCoin has appointed CEO Tim Byun as Global Government Relations Officer (GGRO).
OneMarketData’s Surveillance Deployed at Novum Securities
OneTick Market Surveillance has been deployed by international brokerage Novum Securities for protection and monitoring as part of an auditable workflow.
FXCM Pro Onboards Clients With FlexTrade’s MaxxTrader
FXCM Pro, one of the leading FX and CFD trading firm, has begun onboarding clients with “MaxxTrader” solution across the LD4 hosting center.
UK FCA Warns Investors Against Crypto Exchange BitMEX
he Financial Conduct Authority (FCA), the UK's financial watchdog, has warned against Bitmex, one of the world's leading cryptocurrency exchanges.
TrueFX Launches Clearing Member Network With Axicorp, FXCM, Velocity Trade
TrueFX has launched its Clearing Member network by partnering with Axicorp, FXCM and Velocity Trade to support customer access to the ecosystem.
FCA Approves Aquis’ £27m Deal to Acquire NEX Exchange from CME Group
The UK Financial Conduct Authority has approved the transaction of Aquis Exchange to acquire NEX Exchange from CME Group, first announced on 5 July 2019.
Fondex Adds Paypal as Account Funding Method
Fondex has added Paypal as an account funding method in order to enhance the broker’s efforts in streamlining its deposit and withdrawal process.
TRAction Launches MiFID II Solution for Best Execution
TRAction has launched a new solution to assist the UK and European investment managers with their MiFID II obligations to monitor.
MYHSM Payment HSM Available for ACI Worldwide Solutions
MYHSM has made its cloud-based HSM service available to ACI Worldwide solutions as a building block of a comprehensive cloud payments strategy.
SmartStream Leverages Luxoft’s Market Coverage to Transform Post-Trade Lifecycle
SmartStream partnered with Luxoft to transform the entire post-trade lifecycle, enabling more efficient, streamlined and cost-effective office operations.
INTL FCStone to Acquire GAIN Capital for $236 Million in Equity Value
INTL FCStone has entered into a definitive agreement to acquire GAIN Capital Holdings for $6.00 per share in an all-cash transaction.
Citadel Securities Deploys FX Pricing to oneZero Data Center in APAC Region
Citadel Securities has deployed FX pricing to oneZero’s data center hosted in Equinix TY3, making its pricing globalwithin oneZero’s EcoSystem.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.