Tag Archives: Regulation
NFA permanently bars California commodity trading advisor Parman Financial and its principal
5
2010
January 4, Chicago – National Futures Association’s (NFA) has permanently barred Parman Financial (Parman) and its principal, Lyndon L. Parrilla, from NFA membership. Parman is a Commodity Trading Advisor located in Woodland Hills, California. The Decision, issued by an NFA …
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LavaFX CEO, Thomas San Pietro Joins FXall To Lead Active Trading Initiatives 4 January 2010 – FXall, the world’s leading institutional multi-bank electronic foreign exchange platform, today announced an agreement to purchase LavaFX from Citi. The acquisition is the latest …
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Global Investor Services and Questrade Sign Final Contract for On-line Investor Education and Analysis Platform
30
2009
Looks like Global Investor Services, Inc. have hit a jackpot – it appears the company managed to score a huge distribution agreement with Questrade – a large stocks, options and forex broker. I have seen many companies trying to score …
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To those who don’t remember: Crown Forex S.A. was a forex broker based in Switzerland. On 29/05/2009 FINMA closed Crown Forex S.A because of potential liquidity problems. FINMA is investigating the company and its executives. A month later we learned …
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Alpari (Us): Alpari Group Launches Institutional Trading Platform Alpari Direct Pro Powered By Currenex® Technology
22
2009
Alpari (US), LLC, a regulated Foreign Exchange company and global provider of online Forex trading announced today that it has launched the institutional trading platform, Alpari Direct Pro, powered by Currenex Technology®, a recognized and award-winning leader in the provision …
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FXCM Upgrades to Include Dynamic Trailing Stops: New Feature will be Precise to a Fraction of a Pip
21
2009
London 21 December, 2009 – FXCM has upgraded its trading station to offer Dynamic Trailing Stops. This exciting new feature allows traders to place a stop order that automatically optimizes to lock in potential profits if the market should move …
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NFA bars James C. Morton, former principal of GlobeFX Club Inc., from acting as principal for a period of five years
21
2009
National Futures Association (NFA) has barred James C. Morton from acting as a principal of an NFA Member for a period of five years and also ordered him to pay a fine of $10,000 in the event that he reapplies …
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NFA permanently bars Arizona firm Wholesale Asset Management LLC and its principal
21
2009
National Futures Association (NFA) has permanently barred Wholesale Asset Management LLC (Wholesale Asset Management) and its sole principal and associated person, Jared D. Coad, from NFA membership. Wholesale Asset Management is a Commodity Trading Advisor located in Scottsdale, Arizona. The …
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Icap last night announced a $25m (£15.5m) settlement with America’s Securities & Exchange Commission to see off charges that it displayed fake trades to encourage activity by customers. News of the settlement was released late yesterday after the UK stockmarket, on …
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CFTC Sanctions MF Global Inc. $10 Million for Significant Supervision Violations between 2003 and 2008
18
2009
CFTC charges relate to risk supervision failures in four separate instances. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing and simultaneous settlement of charges against MF Global Inc., a registered futures commission merchant, and …
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