The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Biremis, Corp., formerly known as Swift Trade Securities USA, Inc., and barred its President and Chief Executive Officer, Peter Beck, for supervisory violations related to detecting and preventing manipulative trading activities such as "layering," short sale violations, failure to implement an adequate anti-money laundering program, and financial, operational and numerous other securities law violations.
Quote MTF has outlined plans for a European 'liquidity-on-demand' trading venue, giving participants control over how, and with whom, they trade.
Pan-European equity trading venue Quote MTF has severed all ties with Peter Beck, controversial CEO of the former day trading firm Swift Trade, which has run foul of global regulators for alleged market abuse.
Quote MTF, a next generation, lit trading venue for Pan-European equities, today confirmed that it has successfully completed the connection and go-live of its leading passive liquidity providers that committed to the multilateral trading platform via its equity participation program.
Quote MTF, a next generation, lit trading venue for Pan-European equities, today confirmed that it is ready for its liquidity launch, with a minimum of eight leading passive liquidity providers committed to the multilateral trading platform via its equity participation program. The confirmed participants bring directional and arbitrage trading strategies from the investment banking and principal trading sectors, drawn from the US, UK, Ireland, France and the Netherlands.
Quote MTF, a next generation lit trading venue for Pan-European equities, today announced that its market data feed is connected to the Bloomberg Professional service.
The Algo Group, a leading provider of high performance trading technology solutions and Quote MTF, a next generation lit trading venue for Pan-European equities, today announced that The Algo Group has gone live with its network connectivity and managed services for Quote MTF ahead of the multilateral trading facility's hard launch on 4 April 2011.
Quote MTF, a next generation lit trading venue for Pan-European equities, today announced the Supervisory Board appointment of Dr. Adam Farkas, demonstrating further commitment to its pledge to stay one step ahead of 2011's forthcoming European regulatory changes.
Quote MTF has confirmed that it is in discussion with a consortium of investment banks and trading firms over plans to give away a 40% stake in return for liquidity guarantees.
Quote MTF, a next generation trading venue for Pan-European equities, today announced the Supervisory Board member appointments of Dr. Ilona Török and Mario Josipovic in a move to consolidate and strengthen all levels of compliance in preparation of forthcoming regulatory changes and requirements.
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