wikifx

ASIC commissioner Cathie Armour has warned companies about regulatory risks when engaging the services of financial influencers (finfluencers). For some listed companies, finfluencer collaborations may seem like a fast, effective way to promote issued securities to the next generation of young retail investors. However, companies should be cautious when engaging finfluencers — as part of…

Read More “ASIC warns companies about risks when engaging with financial influencers” »

Schroders today announced the appointment of Henrik Zeffer, who joins as a Senior Client Director to further strengthen the firm’s client relationship capabilities in the Nordics. Henrik Zeffer will assume an instrumental role in continuing to build a strong institutional and intermediary footprint across the Nordic region leveraging Schroders decades of experience in servicing local…

Read More “Schroders appoints Henrik Zeffer as Senior Client Director” »

ICE Benchmark Administration Limited (IBA) has launched its U.S. dollar SOFR ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees. The launch of the U.S. dollar SOFR ICE Swap Rate benchmark follows the successful publication of U.S. dollar SOFR ICE Swap Rate settings on an indicative, ‘Beta’ basis…

Read More “ICE Benchmark Administration launches USD SOFR ICE Swap Rate” »

We reported back in July 2020 that Vantage FX CMO David Bily was leading a new project for the Australia based Retail FX group, spinning off a new offshore brand called Moneta Markets. Well nearly a year and a half has passed since then, and the “project” has grown into a viable brokerage in its…

Read More “Vantage FX CMO David Bily leaves to focus full-time on Moneta Markets” »

Euronext today released its new three-year strategic plan, “Growth for Impact 2024”. It sets out the Group’s ambition to build the leading market infrastructure in Europe. The Group aims to make an impact on its industry and its ecosystem to shape capital markets for future generations. The “Growth for Impact 2024” strategic plan translates into the…

Read More “Euronext unveils new strategic plan” »

Shortly after Euronext posted its new strategic plan, which, inter alia, concerns its clearing activities, London Stock Exchange Group (LSEG) issued a comment on the plan. In particular, LSEG noted Euronext’s clearing arrangements with LCH SA. In outlining its plan, Euronext says it has been, until now, the only market infrastructure that does not directly…

Read More “London Stock Exchange comments on Euronext’s plans concerning LCH arrangements” »

As a lawsuit brought by the Commodity Futures Trading Commission (CFTC) against former HSBC executive Christophe Rivoire continues, the defendant is seeking the judicial authorities of the United Kingdom in obtaining necessary witness testimony via videoconference from non-party Paul J. Bye (P.J. Bye) who in 2012 served as Managing Director and Global Head of Public…

Read More “Former HSBC director faces call for testimony in CFTC case” »

Forex broker software provider Your Bourse has announced the release of its latest FIX API solutions for MT4 and MT5 brokers as part of their Platform-as-a-Service, with unique capabilities that enhance the customer experience and protect profitability. The recently released Your Bourse FIX API offers a world-class solution for brokers by including the capability to issue…

Read More “Your Bourse releases FIX API solutions for MT4 and MT5 brokers” »

ICE Futures U.S. has taken disciplinary action against Zihao Chen for violations of a number of the rules of the Exchange, including trade practice violations. A Hearing Panel of the Exchange’s Business Conduct Committee found that, from June 2014 through August 2019, Chen violated Exchange Rules 4.02(c), 4.02(d), 4.02(f), and 4.04. The Panel found that…

Read More “ICE bans trader who generated $1M in profit to the detriment of his employer” »

BNP Paribas today announces that it has signed a referral agreement with Credit Suisse to support their Prime Services and Derivatives Clearing customers in their selection of alternative providers for such services, in order to ensure a smooth migration of Credit Suisse business in the context of its recently announced exit from Prime Services activities….

Read More “BNP Paribas reaches agreement with Credit Suisse for Prime Services customers” »