Author Archives: Adil Siddiqui
EBS part of the worlds largest inter-dealer broker ICAP has announced its trade volumes for the month of April. Daily trade volume in the worlds most liquid asset class stood at $109.7 billion for EBS. Volumes have been choppy since the …
Read more
The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in New York ordered more than $4.6 million in restitution and a civil monetary penalty in a 2003 CFTC enforcement action against defendants Thomas Qualls and his …
Read more
The Depository Trust & Clearing Corporation (DTCC) began user testing of its new Global Trade Repository service for Foreign Exchange on May 1 and is planning full production by the fourth quarter, including regulatory and public reporting. The repository is …
Read more
Fxall a leading independent global provider of electronic foreign exchange trading solutions, today reported financial results for the first quarter of 2012. For the first quarter of 2012, revenues increased 10% to $30.0 million from $27.4 million in the first …
Read more
Numerix a leading provider of analytics for derivatives and structured products has released its latest version of Numerix CrossAsset. The new release aims to provide innovative model coverage for VIX futures instruments to more accurately price volatility linked derivatives. The …
Read more
When the US regulators said DO NOT chase the US public as potential clients they meant it! Cyprus based Trading Point has been given a harsh warning and fine by the CFTC as it has been found guilty of unlawfully …
Read more
Interactive Brokers Group an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for April. Highlights for the month included: 411,000 Daily Average Revenue Trades (DARTs), 2% higher than prior year and 1% lower …
Read more
US regulators have taken oath to decapitate any firm running Ponzi Schemes after the Madoff disaster. A Maryland court has found Borrowing Station LLC guilty of fraud, misappropriation and registration violations in relation to margin FX. The CFTC was called …
Read more
US-based K2 Advisors has announced closure of its signature Active Currency Fund as one of their key portfolio managers leaves the organisation. The Connecticut-based firm decided to close the six-year-old Active Currency Fund, the first specialist currency fund of funds …
Read more
