Month: September 2012

IS Investment Teams Up with Integral for Margin FX Service

Turkish brokerage house IS Investment has partnered with Integral Development Corp. to automate its existing margin foreign exchange business. Integral’s offering includes access to more than a dozen bank liquidity providers and a high-performance connection to MetaTrader 4 (MT4). By customising Integral’s cloud-based technology services and by sourcing from liquidity providers that were already live […]

FIA EPTA Welcomes Foresight Working Paper

The FIA European Principal Traders Association says it welcomes the conclusions of a UK government-commissioned study that European Union proposals aimed at curbing automated trading could have a negative impact on the European economy. The Foresight Project’s working paper on the review of the Markets in Financial Instruments Directive (MiFID) shares many of  FIA EPTA’s […]

FIA and ISDA Publish Cleared Derivatives Addendum

The Futures Industry Association and the International Swaps and Derivatives Association last week published the FIA-ISDA Cleared Derivatives Addendum, a template to be used by US futures commission merchants and their clients when recording their cleared over-the-counter swaps relationships. The template, which is designed to supplement a futures and options agreement between an FCM and […]