Refinitiv launches Forwards Matching API solution enabling further efficiencies in FX Swaps trading

Forwards Matching API furthers move towards electronification in FX Swaps markets, providing greater flexibility in trading. Provider of financial markets data and infrastructure Refinitiv has launched the Forwards Matching API solution, enabling automated access to the market leading Forwards Matching MTF venue. The move is supporting the ongoing shift in the FX markets to trade

Virtu boosts clients’ access to electronic block liquidity via Interlisted Conditional orders

Interlisted Conditional liquidity is available to Virtu clients via POSIT Alert Canada. Virtu Financial Inc (NASDAQ:VIRT) today announces that it is expanding its clients’ access to electronic block liquidity via Interlisted Conditional orders. Interlisted Conditional liquidity is available to Virtu clients via POSIT Alert Canada, which leverages Virtu’s Best Market Server (BMS) technology. Interlisted Conditional

Cayley Investment Management and its principal settle CFTC charges for wash sales

Mehran Khorrami and CIM agree to pay a civil monetary penalty of $150,000. The United States Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against Cayley Investment Management, LLC (CIM) and its principal Mehran Khorrami for engaging in wash sales and non-competitive transactions. The order requires Khorrami and CIM to pay

Sentencing of ex-JPMorgan FX trader gets rescheduled

The sentencing of Akshay Aiyer is set for July 10, 2020. The sentencing of Akshay Aiyer, former currency trader at JPMorgan convicted for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the Forex market, has been rescheduled, according to a brief order signed today by Judge John G. Koeltl

Pershing Securities Australia pleads guilty to breaching client money provisions

Pershing Securities Australia is the first company in Australia to face criminal prosecution for breaching client money provisions. Pershing Securities Australia Pty Ltd (PSAL) has pleaded guilty at the Downing Centre Local Court in Sydney to mishandling client monies, the Australian Securities and Investments Commission (ASIC) announced. As FinanceFeeds readers may recall, back in December