CFTC Orders Morgan Stanley & Co. LLC to Pay $500,000 for Supervision Failures

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Morgan Stanley & Co. LLC (MSCO), a Delaware limited liability company headquartered in New York City, for failing to diligently supervise the reconciliation of exchange and clearing fees with the...

SIX Swiss Exchange welcomes IMC

With IMC another new participant enjoys the advantages of the most cutting-edge trading technology. IMC, a leading global market maker, today joins the Swiss stock exchange as a trading participant. IMC will match its cutting-edge trading technology with that of SIX Swiss Exchange, as it...

Merrill Lynch (Australia) Futures pays $60,000 in infringement notice penalty

Merrill Lynch (Australia) Futures Limited (“MLAF”) has paid a penalty of $60,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“the MDP”). The ASIC Market Integrity Rules (ASX 24 Market) 2010 requires market participants to demonstrate prudent risk management procedures in relation...

FXCM Group Releases Free Forex Tick Data

FXCM Group, LLC ("FXCM Group" or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, has released free Forex tick data for the most popular currency pairs. Traders can import weekly tick data within seconds directly from FXCM servers to back-test...

Ullink Adds Full MiFID2 Support With UL APPIA 8 Release

Ullink, a global provider of electronic trading and connectivity solutions to the financial community, today announced a new release of its leading FIX engine, UL APPIA. Version 8 of UL APPIA adds support for generation and processing of microsecond granularity timestamps and new FIX...

CME Group Reached Average Daily Volume of 16.5 Million Contracts in Second-Quarter 2017, up 7 Percent from Second-Quarter 2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced that second-quarter 2017 average daily volume (ADV) reached 16.5 million contracts, up 7 percent from second-quarter 2016.  CME Group second-quarter 2017 options volume averaged 3.6 million contracts per day, up 21 percent versus second-quarter...

MAS Issues Prohibition Orders Against Dennis Tey Thean Yang for Unauthorised Trading and Fraud

The Monetary Authority of Singapore (MAS) has issued two prohibition orders against Mr Tey Thean Yang Dennis. Mr Tey will be prohibited for a period of 5 years from: performing any regulated activity, and taking part in the management, acting as a director or...

Federal Court Orders Jeffrey Slemmer, Christian Dorrian, Adam Roth, and Their Florida-Based Companies to Pay over $5.4 Million in Restitution and a Penalty

The Commodity Futures Trading Commission (CFTC) announced that Judge William P. Dimitrouleas of the U.S. District Court for the Southern District of Florida entered a Consent Order against Defendants Jeffrey Slemmer of Acton, Massachusetts, Christian Dorrian of Boynton Beach, Florida, Adam Roth of Boca Raton, Florida, and their former respective...

iFX EXPO Asia coming in January 2018 – Join the Conference!

The iFX EXPO Asia, to be hosted January 23rd to the 25th of January, 2018 is now the 5th exhibition to cross continents from the flagship event hosted yearly in Limassol, Cyprus. This event produced by CONVERSION PROS and Finance Magnates is focused on the...

Colt Slashes London-Tokyo Network Latency

Colt Technology Services today announced it has substantially reduced latency between Tokyo to London financial centres, to less than 159 milliseconds. This network optimisation is part of Colt’s ongoing investment programme in the Colt IQ Network, addressing specific requirements of financial firms and enterprises. The improved...

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