Compliance
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As regional market participants have upmarketed their workflows, smartTrade Technologies has reinforced its offering with more advanced and bespoke services and modules, incorporating such tools as machine learning and artificial intelligence (AI) in…
Bloomberg’s new data retention policy vexes buy-side firms
Impacted users will have to pay extra to retain communications data for longer than two years
Mifid best execution relief for buy side hangs by a thread
Largest grouping in European Parliament faces uphill battle to suspend RTS 28 reporting
Buy side hopes for best execution reporting carve-out
After EC exempts venues from best execution reporting, Aima argues funds' RTS 28 reports should follow
BLTs and glitchy Wi-Fi: lockdown life for FX execs
With traders transacting trillions from their living rooms, currency markets are adapting to new normal
Cummins walks back co-ordination comments
Chris Cummins confronts insecurity with certain currencies and trading styles as defence pulls back curtain on chat snippets
CFTC fines BGC, GFI $25 million for FX options fraud
Regulator says emerging markets FX options brokers used fake bids and offers to induce clients to trade
Algo fears spark hunt for neutral checks on FX Code compliance
Banks seek third-party quantitative methods for confirming activities done in their names are aligned with the principles
LCH and StanChart tout rival routes to cheaper margin
Panellists at FX Week Asia conference say participants should start thinking about margin optimisation sooner rather than later
Buy side said to target sell side with Code compliance
Two years in, buy-side participation remains low, as some cite barriers to the adoption of conduct principles
FX surveillance gets personal in hunt for market abuse
Algorithms underpinning today’s platforms are learning traders’ habits – even their voice won’t escape detection
Traiana boosts risk controls for FXPBs
Providers can be more specific about the risks they are willing to take
Mosaic to bring real-time performance analytics to FX
Platform will be in production with a major client in third quarter
Broadway acquires Barracuda to build out tech stack
The combined entity will serve half of the top 50 banks in the fixed-income and FX space
Refinitiv takes deal-tracking service into cloud
Cloud-based FX post-trade product provides data archiving, aimed at easing compliance and cost burdens
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
Hope fades for threshold hike in new IM rules
Smaller buy-side firms could still escape compliance burden via expected regulatory guidance
StanChart to pay $40 million for attempted FX manipulation
UK bank says it now has appropriate control framework in place
Kx Systems: ‘fill or kill year’ for Global Code adoption
We need systems that can verify whether a firm is in compliance with acceptable market standards, says Richard Kiel
Stater appoints Agha as strategic adviser
Ashraf Agha spent eight years at Saxo Bank and co-founded CFH Markets
FX Cartel traders found not guilty
“We all came to the conclusion that we didn’t think the prosecution had enough evidence,” a juror tells FX Week