November 18, 2018
Big fraud allegations often mean big settlements will follow. But the settlements the Commodity Futures Trading Commission reached with former MF Global CEO Jon Corzine in early January and Igor Oystacher and his Chicago firm, 3Red Trading LLC, in December were surprisingly puny.
November 15, 2018
Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of the House Financial Services Committee in his bi-annual testimony on November 14, 2018.
November 14, 2018
Doherty is a former talent at Credit Suisse, having co-headed the Advanced Execution Services (AES) electronic trading platform and US Equities Trading. The appointment shows the firm’s commitment to performance and innovation in the equity vertical.
November 7, 2018
As Hirko explained, companies which employ algorithms- which means nearly every trading firm- won’t have success unless it is able to process as much data as possible properly.
The job of creating algorithms, Hirko explains, is done generally by B23’s clients, and B23 partners up by helping these companies process more data properly.
“(B23) Engineering the data so it fits neatly into those algorithms,” Hirko said.
October 6, 2018
Trading Technologies’ onboarding spree has resulted in a number of new institutional customers in the Asia Pacific region, including Singapore-based Straits Financial and KGI Securities.
October 6, 2018
The trading supergroup has rapidly expanded its institutional FX trading business since it brought a number of former Lehman Brothers bankers onto its board.
June 22, 2018
A newly filed lawsuit suggests the clearinghouse for 3 Red Trading was more heavily involved in perpetuating and covering up widespread spoofing at the proprietary trading firm than previously thought. …
Continue reading “New Lawsuit Alleges Advantage Futures Conspiracy”
June 21, 2018
Will Pay $42 Million Penalty to Settle Charges Washington D.C., June 19, 2018 — The Securities and Exchange Commission today charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about …
Continue reading “Merrill Lynch Admits to Misleading Customers about Trading Venues”
June 13, 2018
Abu Dhabi based financial services company, ADS Securities with operation in Europe and the Middle East, on Tuesday has announced the appointment of Emmanuel Coulon as its new Head of IT. …
Continue reading “ADS Securities Hires Emmanuel Coulon (former ICAP executive) as Head of IT”
May 31, 2018
The Federal Reserve has proposed augmenting the Volcker rule so that it focuses more on the biggest banks while streamlining the process for all banks affected. The Federal Reserve announced …
