Category Archives: Regulation

Binary Options Outlawed

This is big news but not exactly surprising. What happens to an industry where under the guise of trading, it’s actually just gambling?   The Israel Securities Authority (ISA) – led by Prof. Shmuel Hauser announced that “Trading platforms in Israel will be barred from marketing such services to their clients because the ISA considers the phenomenon […]

Read More

All FX Bridge Clients Weather CHF Storm

FX Bridge is pleased to report that all customers using its ProTrader Plus same-account spot and options trading platform weathered the SNB announcement and the ensuing volatility in CHF pairs in fine shape.  In fact, options traders and spot traders utilizing options risk management strategies fared substantially better on average than did spot-only traders. FX […]

Read More

Money Changers using Options

Here’s another example of a company with ties to Foreign Exchange that is enhancing their offering with options.  With the most recent announcement with Fenics, TTT Moneycorp Ltd “MoneyCorp” is adding the award winning risk management system, Fenics Professional, to their back-office. Why would a company with over 50 years experience in exchanging currency for […]

Read More

MAS to Introduce Transaction Reporting for FX Derivatives for Banks.

In a recent article by Forex Magnates’ Victor Golovtchenko, the Monetary Authority of Singapore is proposing to enact a reporting mechanism for all foreign exchange related swaps, forwards and options transactions. Read more at ForexMagnates.com. Fortunately, this type of requirement is emerging in US regulation and FX Bridge’s ProTrader Plus platform already has the framework in […]

Read More