Today’s court ruling puts extra fire on the Department of Justice for failing to prosecute financial crimes adequately.
Japanese regulators have found that the company had indeed conducted market manipulation (spoofing) by proprietary trading.
Richard Usher, Rohan Ramchandani, and Christopher Ashton made their initial appearance before Judge Richard M. Berman today.
FinanceFeeds looks at Last Look complaints by Alpari (US) against RBS, Goldman Sachs, Morgan Stanley, Credit Suisse and BNP Paribas.
Alpari’s onslaught against ‘last look’ execution, our opinion and its tremendous response: Exclusive insight from the non-bank industry
FinanceFeeds opinion on the litigation that has been instigated by Alpari US against major Tier 1 institutions for ‘last look’ practices has generated an enormous response. Here is a good example of why having an opinion on this and creating industry discussion on it is vital in order to progress our industry
Initial appearances and arraignment in the case against Richard Usher, Rohan Ramchandani, and Christopher Ashton are scheduled for today.
About time! Why the David & Goliath battle between Alpari and Citigroup over last look execution is a good thing – Op Ed
It is very refreshing to see a brokerage tackle the Tier 1 banks for rejecting trades – Here is my detailed opinion on why Alpari is doing the right thing
Citigroup is accused of causing damage to Alpari (US) and other plaintiffs, as well as breaching its contracts, as well as unjustly enriching itself.
We examine the reality of genuine FX prime of prime brokerage and what to look for when accessing true market liquidity
Mr Cafe joins the company along with Michael Grant, effective July 7, 2017.
The appointment is effective July 7, 2017.
“The unique position that we found ourselves in is that we are able to deliver top-tier liquidity both from FX perspective and also both from CFD perspective”, says Richard Elston.
FinanceFeeds London Cup – Where 70 senior executives represented the very top of the FX industry. The full montage
From Bloomberg to the major interbank dealers, and from board level executives from the world’s prime of prime brokerages along with institutional technology leaders, the FinanceFeeds London Cup brought together the very leaders which preside over the most important components of the global business. Here is a full insight into the gathering of the elite
“A discounted spread to the underlying price is irrelevant if you cannot get the trade done efficiently or a series of split fills mean that the derived price to fill an order completely ends up exceeding that of the headline price initially offered” – Richard Elston, Head of Institutional, CMC Markets
FinanceFeeds hosts FX industry’s first ever London MiFID II Symposium today – Live report and full montage
The very first MIFID II symposium for the OTC FX industry took place today in London, hosted by FinanceFeeds and TRAction FinTech. Here is a comprehensive insight into what was discussed, and a full montage.
The UK FCA conducted an assessment of the OTC derivatives market using the EMIR trade repository data.
TradeStream alleges that Equinix abused its dominance in low latency access and co-location to major trading destinations to interfere with TradeStream’s business.
Jonathan Mathew and Alex Pabon question the credibility of the statements of an expert used by the SFO.
Lord James of Blackheath makes a harsh statement against the way UK agencies address LIBOR issues.