Day: 26 November 2019

LMAX Digital Begins Publishing Daily Volumes

LMAX Digital, the spot cryptocurrency exchange owned by LMAX Exchange Group, has started publishing its daily trading spot volumes on the exchange’s website. The firm says that its decision to start publishing its volumes will add greater transparency around real spot volumes traded daily in the industry. The volumes represent all trades based on credit […]

Schneider Joins ROW Asset Management

ROW Asset Management has hired Andy Schneider as managing director, global head of business development. Based in New York, he will report to ROW’s Newport Beach, CA and New York City offices. Previously, Schneider was director of business development, North America, for ISAM, a London-based systematic investment manager. Between 2009 and 2016, he worked at […]

Redline Names Wowkodaw as Global FX Head

Redline Trading Solutions has appointed Andrij Wowkodaw as global head of FX, based out of New York. “It is an exciting time to join Redline,” says Wowkodaw. “Redline is innovating in the FX space as both buy side and sell side institutions seek more complete solutions that deliver market-leading trading performance.” Prior to joining Redline, […]

Avelacom Launches Cloud Solution for Crypto Connectivity

Avelacom, a global connectivity and IT infrastructure provider, has launched its multi-cloud connectivity solution to help simplify and accelerate how traders connect to cryptocurrency exchanges.  It delivers secure, direct, low latency access to cryptocurrency exchanges hosted in Alibaba Cloud, Amazon Web Services (AWS), Microsoft Azure and Google Cloud platform.    Proprietary trading firms, hedge funds and […]

Oanda Names Trading Head, COO

Oanda has announced two appointments to its leadership team with Mark Chesterman has being named head of trading and Kurt vom Scheidt shifting to the role of chief operating officer. Chesterman will be responsible for leading Oanda’s trading team, quantitative analytics and research groups and will be based in London. A 14-year career with IG […]

NFA Appoints OTC Derivatives Head

The board of directors of the US National Futures Association (NFA) has approved the appointment of Michael Otten as vice president, OTC Derivatives. “We are thrilled to welcome Mike to this senior position overseeing NFA’s OTC derivatives department,” says NFA’s CEO and president Thomas Sexton. “With his significant regulatory experience and extensive background, Mike will […]

CFTC Report Shows Uptick in Enforcement Activity

The total monetary relief awarded in Commodity Futures Trading Commission (CFTC) enforcement actions for the 2019 fiscal year was $1.32 billion, up 39% compared to 2018. This total stands as the fourth highest in the agency’s history after it collected $3.2 billion, $3.27 billion and $1.77 billion in 2015, 2014 and 2013, respectively. These figures […]