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CFTC Orders London-Based Swap Dealer To Pay $3 25 Million For Swap-Data Reporting, Conflicts Of Interest, Mid-Market Mark, And Supervision Failures

<p><span>The Commodity Futures Trading Commission today simultaneously filed and settled charges against&nbsp;</span><span>ED&amp;F Man Capital Markets, Ltd.</span><span>&nbsp;(ED&amp;F Man), a London-based provisionally registered swap dealer, for failing to comply with certain swap dealer requirements to report accurate swaps data to a swaps data repository (SDR), failing to disclose a conflict of interest to swaps counterparties, failing to disclose mid-market marks to counterparties, and for related supervision failures.</span></p>

Ballinger & Co and ED&F MAN Capital Markets form partnership

Ballinger & Co and ED&F MAN Capital Markets form partnership Submitted 06/01/2021 - 10:45am Foreign exchange specialist Ballinger & Co (Ballinger) has entered into a partnership with global financial brokerage ED&F Man Capital Markets Ltd (MCML). The collaboration combines Ballinger’s deliverable Foreign Exchange offering for corporate and institutional clients with MCML’s capital markets expertise, tier-one settlement capabilities and global footprint.   As part of the relationship, MCML will provide spot and forward FX liquidity to Ballinger, enhancing their capacity to offer flexible terms to clients via a credit facility. In total, Ballinger has secured GBP10 million of new funding and facilities from ED&F Man Capital Markets and other undisclosed investors.

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