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.
 

Carta Worldwide is pleased to announce that allpay has selected Carta to launch three new Prepaid programs – an emergency relief programme (instant issuance), a travel expense/corporate card, and a government benefits programme with ‘SmartConnect’. 

• 17 percent increase in credit card fraud losses observed in a sample of 7.5 million cards
• Total card purchases rose just 5 percent
• 70 percent of card fraud was card-not-present, 80 percent was cross-border

Fast-growing technology consulting and end-to-end solution company DataArt today announced further expansion in Western Europe, with the opening of offices in Munich, Germany and Wroclaw, Poland.  The move brings the DataArt global location count to 15.

The Munich office will initially focus on projects in the financial services, media and IoT sectors.

Nomis Solutions is delighted to announce the appointment of Michael DeGusta to lead the architecture and development of the company’s next-generation pricing platform. Michael joined the company as Vice President and Chief Architect in early 2015 and has already been instrumental in pushing the capabilities of Nomis Solution’s cutting-edge pricing technology forward.