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

Euronext has submitted an application to the FCA to revoke its licence for regulatory operations in the UK market. Euronext today announces that it plans to cease its Recognised Investment Exchange (RIE) activities in the UK. This is set to happen by June 30, 2020. Today’s announcement follows the submission of an application to the

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

The New York Council of Defense Lawyers backs Gavin Campbell Black and Matthew Connolly, urging reversal of their conviction. Shortly after Matthew Connolly and Gavin Campbell Black filed their briefs with the Second Circuit Court of Appeals, asking for overturning of their conviction of LIBOR rigging, the former Deutsche Bank traders have secured backing from the

Spot FX trading generated €8 million of revenue in the first quarter of 2020, up 39.5% from the year-ago quarter. Euronext NV (EPA:ENX) today posted its financial report for the first quarter of 2020, with high trading volumes propelling revenues. Revenue for the first quarter of 2020 amounted to €236.8 million, up 55.2% from the year-ago

Revenue in the first quarter of 2020 was £547 million, up 17% from the year-ago quarter. TP ICAP PLC (LON:TCAP) today issued a trading update in relation to the first three months of 2020. Despite a very challenging macroeconomic backdrop, the Group has reacted quickly to protect the interests of all stakeholders and has delivered robust

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

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 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

Matthew Connolly and Gavin Campbell Black insist that they committed no crime. Nearly six months after former Deutsche Bank traders Matthew Connolly and Gavin Campbell Black made it clear that they will appeal from their convictions of LIBOR manipulation, they have filed their briefs with the Second Circuit Court of Appeals. The documents, submitted on May