In a press release today Argon Design from Cambridge in the UK have announced what they describe as:
A high performance trading system using a heterogeneous mix of technologies to minimize trading latency.
The mix of technologies is provided by their use of the Arista Networks 7124FX application switch which:
Filed under Trading Platforms by 
In a press release this morning the US Commodity Futures Trading Commission announced that it has:
Today issued an Order against ICAP Europe Limited (ICAP), an interdealer broker, bringing and settling charges of manipulation, attempted manipulation, false reporting, and aiding and abetting derivatives traders’ manipulation and attempted manipulation, relating to the London Interbank Offered Rate (LIBOR) for Yen. LIBOR is a critical benchmark interest rate used throughout the world as the basis for trillions of dollars of transactions. ICAP is a subsidiary of U.K.-based ICAP plc.
Filed under Regulation by
It's all go on the mergers, acquisitions and transfers front this week! Swissquote Bank announced in a press release earlier today that:
Swissquote Bank is acquiring a 100 percent holding in MIG Bank effective 25 September 2013. The acquisition of this major forex broker secures Swissquote Bank a place among the world’s largest forex service providers. The goal is to merge MIG Bank with Swissquote Bank.
Filed under Brokers by
