The Central Bank of Russia has announced the appointment of administrators to investment company QBF LLC for a period of three months. The reason for the regulatory decision is that the company has failed to meet its obligations to its creditors. The company has also failed to inform the central bank about any circumstances related…
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The Board of IG Group Holdings plc (LON:IGG) announces that Wu Gang, Non-Executive Director of the Company, has today been appointed as a non-executive director of Tritax Big Box REIT Plc. The appointment is with effect from October 1, 2021 . Wu Gang has a strong strategic and financial advisory background and a wealth of…
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Electronic trading major IG Group Holdings plc (LON:IGG) has just posted the results of the Annual General Meeting (AGM) held earlier today. All resolutions put to vote were approved by the shareholders. The list of resolutions included, among other things, the (re-)election of directors, as well as an advisory vote on the Directors’ Remuneration Report….
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Swiss online trading firm Swissquote has further expanded its cryptocurrency offering via the addition of Solana (SOL). This is the 24th crypto available on Swissquote. SOL is the blockchain Solana’s native token. Offering record speed and transaction cost, this cryptocurrency is shaping up to be one of the phenomena of 2021. Founded by a former Qualcomm…
Broker tech provider HokoCloud has announced that it has partnered with Retail FX firm Multibank Group, to enable MultiBank to include social trading in its portfolio of offerings. The HokoCloud solution will allow clients of Multibank to leverage HokoCloud’s copy trading platform to discover the top trading strategies of experienced traders, based on their ratings,…
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FNG Exclusive… FNG has learned that Carlota Parages-Torres has joined trading solutions provider Broadway Technology in London as Director Of Business Development. Carlota Parages-Torres had been with Bloomberg LP for 20 years, and was most recently in charge of Electronic Trading Solution Sales to Tier-1 UK Asset Managers. She had also previously worked in Repo…
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La Banque Postale, one of the leading French banks active in retail banking, insurance, corporate and investment banking, and asset management, has joined Eurex Repo’s GC Pooling market after being live on Eurex Repo’s Special market since 2020. This move will allow La Banque Postale access to further deep liquidity pools via this cost-efficient and…
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A lawsuit brought by former Citi FX trader Rohan Ramchandani against his ex-employer continues at the New York Southern District Court. Now, Citi is seeking the assistance of the Department of Justice (DOJ), as the bank attempts to dismiss Ramchandani’s claims. On September 21, 2021, Citi filed a Letter in the Court, seeking an order…
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UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) has just announced that Christopher Hill, a director/person discharging managerial responsibility in the company, has exercised an option under the 2018 Deferred Performance Bonus Plan to acquire 30,699 ordinary shares of 0.4p each (“Ordinary Shares”). Mr Hill then immediately disposed of 14,430 Ordinary Shares in…
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The United States Securities and Exchange Commission (SEC) appears to be having difficulties with its action brought against Apostolos Trovias, also known as TheBull. Trovias is charged with perpetrating a fraudulent scheme to sell what he called “insider trading tips” on the Dark Web. According to a letter filed by the SEC in the New…
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