Monday, March 26, 2012

BNY’s iDeal opens door to Global Client Base

BNY’s iDeal opens door to Global Client Base


BNY’s iDeal opens door to Global Client Base

Posted: 26 Mar 2012 11:40 AM PDT

Leading custodian, Bank of New York Mellon has expanded the offering of its iDeal Forex payment gateway. The web-based solution will now be available to cross-border clients looking to make payments internationally.

The online payment platform is available on the internet and is connected to BNY’s treasury and FX desks thus offering clients competitive pricing and trading solutions.
The iDealer was built on the Adobe Flex Technology with enhanced order work flow for FX payments.

iDeal … [visit site to read more]

CFTC to hold a public meeting to focus on HFT

Posted: 26 Mar 2012 11:21 AM PDT

The Commodity Futures Trading Commission (CFTC) announces that on Thursday, March 29, 2012, the CFTC's Technology Advisory Committee (the "TAC") will hold a public meeting at the Commission's headquarters in Washington, DC from 10:00 a.m. to 5:00 p.m. This meeting will focus on three significant issues facing the futures and swaps industries as the Commission continues to finalize rules under the Dodd-Frank Act.

Those issues are:

  1. automated and high frequency trading … [visit site to read more]

Tradition publishes Gaitame Japan’s results – showcases Japanese fx slowdown

Posted: 26 Mar 2012 10:38 AM PDT

Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in over 27 countries, Compagnie Financière Tradition is listed on the Swiss stock exchange.

It’s a little known fact that Tradition has holdings in both Gaitame Japan and FXDD.

Tradition’s biggest rival is ICAP whose CEO Michael Spencer is also a large shareholder in City Index which is in … [visit site to read more]

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