Fcm

Over the past decade, trading execution algorithms (aka “trade algos”) have become increasingly essential for traders of all shapes and sizes. And now, the key is not just the use of algorithms in trading but choosing the best ones to use.
Wedbush Securities, a non-bank Broker Dealer and Futures Commission Merchant, announces the transition of Tom Anderson and Tom Chlada, from Wedbush Securities to RCM Alternatives. This transition is intended to be part of a larger collaboration with RCM on several fronts meant to further solidify the firm’s relationship with the firm, which is one of the largest independent introducing brokers in the futures space, according to the Wedbush.
CFTC staff issues interpretative guidance regarding customer margin deposits submitted using automated clearing house payment processing systems.
The CFMA meant different things to different groups and to the Futures Industry Association and the large bank future commission merchants that had come to dominate its leadership, it meant the potential of delinking clearing from exchanges.
Vision will pay a $1.5 million fine in addition to the $2.053 million in restitution it paid to customers on March 15, 2014. Vision was also ordered to withdraw from NFA membership six months from today’s decision.
Reports of security breaches at major companies are becoming more common.
TABB Group's study of FCMs finds a rosier picture with growth due to new swaps business and renewed volatility in interest rates.
CFTC orders Enskilda Futures Limited to pay a $125,000 civil monetary penalty for failing to meet minimum capital requirements due to margin errors.
ABN Amro Group NV, the Dutch bank nationalized in 2008, is eliminating 40 jobs after closing its Delta One Arbitrage equity-derivatives division to reduce risk.
Newedge announced plans today to transform its business model and split its FCM into two separate legal entities: One focusing on execution and the other on clearing services.