Dutch regulator imposes €2m fine on ABN AMRO over non-timely disclosure of inside info
The bank failed to disclose information about the retirement of its chairman back in 2016 in a timely manner.
FCA has no plans to compel banks to join or rejoin LIBOR panels after end-2021
FCA Director of Markets and Wholesale Policy outlines the key next steps in the transition away from LIBOR.
OANDA Japan announces further restrictions for HKD trading
The brokerage suspends acceptance of new [buy] USD/HKD orders as of today.
TFS-ICAP’S Jeremy Woolfenden fails to dismiss CFTC complaint
Judge Victor Marrero finds the CFTC has shown that Woolfenden exercised supervisory control over employees in the United States and that the New York Southern District Court has jurisdiction over him.
CMC Markets registers steep rise in pre-tax profit in H1 FY2020
Profit before tax jumped 318% year-on-year in the six months to end-September 2019.
Jury convicts ex-trader for FX market bid rigging
A jury convicted Akshay Aiyer of conspiring to fix prices and rig bids in Central and Eastern European, Middle Eastern and African currencies.
Massive changes at IG Group: NADEX CEO out, new direction for Daily FX and the US division
IG Group has placed Daily FX and NADEX under the same entity as IG Group LLC, the company’s US division....
Cboe unveils schedule for Disaster Recovery data center migration for C2 Options and CFE
In July 2020 the Disaster Recovery environments for C2 Options Exchange and Cboe Futures Exchange will be relocated.
NY Court allows govt intervention in CFTC lawsuit against Bitcoin scammer
The civil case targeting Jon Barry Thompson is stayed in its entirety until the conclusion of the parallel criminal case.
South Africa: The place for quality IB partnerships
“Diversified funds where FX and derivatives form a meaningful part of a client’s investment portfolio. We have been developing blended...
Sberbank obtains blockchain repo patent
Via the new solution, the parties to a deal can register the terms of a repurchase agreement inside a self-executable decentralized environment.
Interview: Advanced Markets CRO Natallia Hunik looks at RTS27 and RTS28
The complex and highly technology-centric world of regulation has been a major factor for most electronic trading firms over recent...
FCA imposes £1.9m fine on Henderson Investment Funds Limited
HIFL is fined for failing to treat fairly more than 4,500 retail investors in two of its funds.
US Govt updates on proceedings against co-conspirator of Ponzi scammer Renwick Haddow
On November 18, 2019, Savraj Gata-Aura pleaded guilty to Count One of the S1 Indictment, conspiracy to commit wire fraud.
Sentencing of Australian trader accused of spoofing gets postponed
Following a request by the Department of Justice, the sentencing of Jiongsheng “Jim” Zhao is rescheduled for February 4, 2020.
