Sentenial, a provider of payment services to some of Europe's top banks, is to take advantage of EU regulations to set up its own 'disruptive' non-bank alternative for payment processing.

The current MiFID II draft suggests that trading venues have to fulfil the transaction reporting for non-EEA exchange members. While it is understandable that regulators want to ensure complete records of all trading activity within Europe, the operational burden could be far-reaching.

 Convergex, an agency-focused global brokerage and trading related services provider, today announced the appointment of Kelli Annequin as its new Chief Marketing Officer (CMO). During her twenty years of experience in the global financial services industry, Ms. Annequin has developed and implemented global marketing initiatives at several industry-leading firms.

•         Nearly 40 million separate mobile banking visits were recorded in March alone
•         Two thirds (65%) of online banking activity now taking place through a mobile phone
•         The peak time for logons now earlier in the day as most mobile users log on during commute

This week marked the five year anniversary of the Flash Crash, but for several weeks now the financial press have been running articles on a daily basis on the spoofing indictment brought against a UK trader, whose actions the CFTC alleges “contributed to an extreme E-mini S&P order book imbalance that contributed to market conditions that led to the Flash Crash.”  The original analysis of the event, published jointly by the S

 Interoute, owner and operator of Europe’s largest cloud services platform, has announced that it has been chosen by Orwell, a pan-European financial services group, to host its new online current account serviceipagoo. Available in France, the United Kingdom, Spain and Italy ipagoo is designed for all customers wishing to carry out transactions abroad.

Epiq Systems, Inc. (NASDAQ: EPIQ), a leading global provider of integrated technology solutions for the legal profession, today announced the appointment of Ellen Jones Polhamus as senior vice president, eDiscovery client services. In this newly created role, Ms. Polhamus will lead the global eDiscovery client services team, consisting of approximately 80 project managers and directors, by providing strategic client direction, directing day-to-day operations and ensuring the client experience is consistent across all of Epiq’s global office locations.

CRYEX today announced the filing of an application with the Swedish Finansinspektionen (SFSA) to become a regulated clearing organization and create a member-only marketplace with clearing and settlement for FX and digital currencies.

Cryex is managed by a highly experienced team of banking and exchange executives with a record across FX and capital markets, technology, regulatory, risk and security management.                               

Spratt Endicott Solicitors, in partnership with UK Trade and Investments and Barclays Bank, is hosting a free trading clinic for SMEs that have increased their export levels in recent years and would like to learn more about trading in the global market. The event will take place on Thursday 14th May between 9am and 12pm at The Littlebury Hotel in Bicester.

Telstra has strengthened its offering for the financial services sector with the launch today of the lowest latency international connectivity between the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX).
 
The Australian Liquidity Centre is the ASX’s purpose-built financial markets data centre, while the SGX’s Co-Location facility houses its trading, market data and clearing infrastructure.