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Tag: Institutional FX

FCA Fines TJM £2 Million for Lapses in AML Controls

The United Kingdom’s Financial Conduct Authority (FCA) has slapped a fine of little more than £2 million on The TJM Partnership Limited, which was...

CME Group’s EBS Spot FX Rises 7%, FX Links 145% YoY in June

The Chicago Mercantile Exchange (CME) Group, a leading derivatives marketplace, recorded a 7% year-on-year (YoY) growth at its Electronic Broking Services (EBS) in June. ...

Deutsche Börse’s Cash Markets Shrink 11% MoM to €144.1bn in June

The cash markets of Deutsche Börse, a Germany-based exchange organization, dropped from a turnover ...

FXSpotStream’s $63.8bn ADV Record in June Is Second Highest Ever

FXSpotStream, a provider of multi-bank foreign exchange aggregation services for forex spot, swaps and forwards, in June 2022 hit its...

FX Trading Demand on Cboe Remains Flat in June

Cboe FX Markets, an institutional venue for spot  forex trading  , published the trading metrics for June, showing almost a flat trading demand. The...

Money-Laundering Case Involving Credit Suisse Finds the Bank Guilty

Switzerland’s Federal Criminal Court has found Credit Suisse and a former employee guilty of failing to prevent  money laundering  . According to Reuters, during...

Russia Defaults on Foreign Debt as Sanctions Cripple Payment Channels

Russia, a country facing stringent financial sanctions, has defaulted on its foreign currency sovereign debts for the first time in over a century, Bloomberg...

FX Broker KJ Glovice Enlists Takeprofit Tech to Bolster Against Risk

KJ Glovice FX, a foreign exchange and commodity broker, has deployed a product suite made by Takeprofit Tech, a fintech software provider, to bolster...

Trading Technologies Becomes Second ISV to Join Databank Network

Trading Technologies (TT), a provider of professional trading software, has become the second independent software vendor (ISV) to join FIA Tech’s Databank...

French Regulator AMF Toughens Criteria for Authorizing DASPs

The Autorité des Marchés Financiers (AMF), France’s financial markets watchdog, says it has toughened its “substantive criteria” for authorizing digital asset service...

Tradeweb Posts $25trn in Total Volume, Sets New ADV Records in May

Tradeweb Markets Inc., a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities and money markets, recorded a total trading volume of...

Deutsche Börse’s Cash Markets Rise 3% MoM to €161.6bn in May

The cash markets of Deutsche Börse, the Germany-based exchange organization, generated a turnover of €161.6 billion in May as opposed to €157.6 billion generated from the...

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