Month: December 2013

CFTC Names Wetjen as Acting Chair

The US Commodity Futures Trading Commission (CFTC) has announced that the members of the Commission have unanimously elected commissioner Mark Wetjen to serve as acting chairman upon the end of current chairman Gary Gensler’s service. “I am honoured to have been chosen to serve as acting chairman,” says Wetjen. “I thank my colleagues, commissioners Chilton […]

And Finally…

As we approach the end of the year I thought I would share 10 observations with you. These are based mainly upon themes this column has covered over the past 12 months but there are a couple of newer thoughts. 1/ Be careful when naming things. I was amused to read of an execution management […]

Tech Corner

Volante Technologies says it has acquired another key client in Latin America, Imágenes Computarizadas de Guatemala, which acts as a bank draft administrator for Swift and an automated clearinghouse. Spot FX platform ParFX has joined the global meet-me-room run by FXecosystem. James Banister, CEO of FXecosystem, says ParFX will use the platform to connect to […]

On the Move

Change at the Top of Newedge FX, Commodities Business Newedge has announced that Francois Combes and Franck Borgel have been appointed as global co-heads of its commodities and currencies business and will join the firm's executive committee. John Fay, former global head of C&C at Newedge, has decided to leave the company to pursue other […]

…As Swiss Government the Latest to Examine Bitcoin as a Currency

A postulate has been submitted to the Swiss Parliament requesting that Bitcoin be treated like a regular fiat foreign currency. The proposal was submitted by representative Thomas Weibel and if approved by the Parliament it will be submitted to the Federal Council in Switzerland. If the Council agrees that Bitcoin should be treated like other […]

Bitcoin Launches New International Program…

The Bitcoin Foundation has announced the launch of its International Affiliate Program, a commitment to empower local Bitcoin communities around the world, with the opening of its London office, led by Jon Matonis, executive director. “Bitcoin is an open source protocol with a global presence,” says Matonis. “We are experiencing rapid adoption worldwide and are […]

ICE Outlines Timetable for Moving Liffe Contracts

IntercontinentalExchange (ICE) says it plans to start moving Liffe contracts onto the ICE trading platform in the summer of 2014. The exchange group has released a statement saying that after the separation of the Liffe and Euronext businesses, which is expected to take place in the first quarter of 2014, it will begin to transition […]

GFI Market Data Teams up with Vector Risk

GFI Market Data and Vector Risk have entered in to an agreement whereby GFI will supply the Vector Risk cloud solution with market data on credit derivatives, bonds, interest rate options and FX options.  These OTC datasets have been added to Vector Risk in order to better calculate up-to-date and accurate risk measures across a […]

Liquidity Pool Launches Disclosed Pricing

Liquidity Pool, the trading platform operated by Mako FX, has introduced disclosed pricing tabs in a bid to attract participants who wish to trade direct with the liquidity provider of their choice. Offered in the current GUI, clients can request a pricing tab direct from bank and non-bank providers inside the Liquidity Pool platform. According […]

The WFE Unleashes Global Cyber-Security Committee

The World Federation of Exchanges (WFE) has launched what it claims to be the exchange industry's first cyber-security committee, in a bid to collaborate on best practises in global security for exchanges following an increased number of reported threats. Last month, CME Group confirmed it had been the victim of what it termed a “cyber-intrusion” […]