Day: 27 May 2015

FX Start-Up Kantox Raises $11 Million From Existing Investors

Foreign exchange technology start-up Kantox, which provides a business-to-business matching platform, has raised $11 million via a financing round among existing investors: Partech Ventures, IDinvest Partners, Cabiedes & Partners and a number of business angels. The company, founded in 2011, says that it didn’t invite others to participate in the funding round because it wanted […]

Moscow Exchange Joins FXPA

Moscow Exchange (MOEX) has joined the Foreign Exchange Professionals Association (FXPA) as a full member, bringing the FX trade association’s current institutional member total to 22. It follows the recent additions of EBS-BrokerTec and State Street Global Markets. Igor Marich, managing director, FX and money markets at MOEX, says that joining FXPA is the best […]

FEMR Expected to Propose Equity Market Standards for FICC – Report

The UK’s Fair and Effective Markets Review (FEMR) will reportedly formally propose an industry ban on front-running of client orders in FX in addition to extending the Bank of England’s senior managers regime to hold a broader range of bank and the buy side managers accountable. Such moves would bring FICC regulation more in line […]

Profit & Loss to Host Toronto Conference Next Week

Join Profit & Loss for its 6th annual foreign exchange conference and trade show in Toronto next week for a front-row seat to lively discussions and a ‘fireside chat’ about the FX topics that matter most to you. Taking place at The Fairmont Royal York on 3 June, the half-day event will begin with a […]