Japanese Forex and CFD broker Rakuten Securities is expanding its range of trading instruments via the addition of CFDs on WTI crude oil. The new instruments will be available to trade from October 4, 2021. The company notes that there will be an evaluation testing period for these CFDs from September 27, 2021 to October…
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The Australian Securities and Investments Commission (ASIC) today announced the cancellation of the Australian financial services (AFS) licence of Pure Strategy Pty Ltd. The cancellation is effective 16 September 2021. The regulatory decision stems from Pure Strategy’s failure to comply with its general obligations. ASIC found that Pure Strategy failed to have adequate resources to…
Italy’s Companies and Exchange Commission (CONSOB) announces that it has ordered the blackout of five new websites that abusively offer financial services. The Authority availed itself of the powers deriving from the “Growth Decree” (Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet…
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Tradeweb Markets Inc (NASDAQ:TW) today announced the completion of its first Southbound Bond Connect transactions via the trading link between Tradeweb and China Foreign Exchange Trade System (CFETS). “Southbound Bond Connect is the latest evolutionary step for China’s financial market, providing domestic investors with more flexibility and choice when trading offshore bonds,” said Lee Olesky,…
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Richard Usher, a Forex trader known for his participation in the “Cartel” chatroom, continues his legal battle to secure access to documents that led to his acquittal in a criminal case back in 2018. On September 24, 2021, Usher filed a response to a motion by the Department of Justice (DOJ), which, in its turn,…
Read More “Forex “Cartel” trader urges Court to stop DOJ’s shell game with evidence” »
Digital infrastructure compant Equinix, Inc announces that it has entered into a retention and separation agreement with Sara Baack, Chief Product Officer of the company. Pursuant to the terms of the Agreement, Ms Baack will transition from her role of Chief Product Officer after September 24, 2021 and will serve in an advisory capacity to…
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Why did eToro delay its planned going-public SPAC merger deal with Fintech Acquisition? What is new in Finalto’s NDF offering for Retail FX brokers? Why did NAGA.com shares rise sharply? Who is supplying the platform for MultiBank’s newly launched social and copy trading service? Which leading Italian sports figure is TMGM’s new Brand Ambassador? Answers…
Read More “FX week in review: eToro postpones IPO, Finalto adds NDFs, NAGA.com shares soar” »
Electronic trading major Interactive Brokers continues to update its Trader Workstation (TWS) platform. The latest beta version of the platform offers an improved Events Calendar that makes it easy to stay on top of current and upcoming events for companies around the globe. Traders can use filters to view only companies in their portfolio and…
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IEX Exchange has convened leading retail brokerage firms to examine how market structure could change in response to the recent uptick in retail investor participation in the equities market. Nearly a dozen retail brokers have joined IEX Exchange’s Retail Trading Advisory Committee, or RTAC, including, Betterment Securities, LLC, E*TRADE Securities LLC, Fidelity Investments, Inc., Interactive…
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Less than a month after Citadel Securities responded to the complaint brought by investors who suffered heavy losses during the January “short squeeze”, the traders have also filed their response. In fact, a number of documents were filed by the plaintiffs in the multi-district litigation on September 21, 2021. These documents include not only the…
Read More ““Short squeeze” lawsuit plaintiffs slam Robinhood, Citadel Securities for PFOF” »
