StoneX Group Inc (NASDAQ:SNEX), the company which owns retail FX brands such as Forex.com and City Index, has announced plans for share repurchases for its fiscal year 2022. A document filed with the Securities and Exchange Commission (SEC) reveals that on August 25, 2021, the Board of Directors of StoneX Group Inc authorized for fiscal…
FNG Exclusive… FNG has learned that leading Retail FX and CFDs broker Exness has continued to build its team focusing on MENA region and Arabic speaking clients, hiring Ahmed Badr as Sales Team Lead – MEA. At Exness Mr. Badr will be responsible to build and manage a portfolio of Premier Accounts (VIP customers) in…
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IEX Group announces the appointment of Craig Resnick as Chief Financial Officer. In this role, Mr Resnick will lead all financial functions for IEX, including accounting, audit, tax, treasury, corporate finance and investor relations. Mr Resnick was elevated to the role of CFO after serving two years as the head of IEX’s finance and accounting…
Tradeweb Markets Inc. (NASDAQ:TW) announces the appointment of Sara Furber as its Chief Financial Officer, effective September 7, 2021. She succeeds Robert Warshaw, who will leave the company following a period of transition. Ms Furber will report to CEO Lee Olesky and become a member of the executive leadership team. Ms Furber joins Tradeweb from…
FNG Exclusive… FNG has learned that longtime FX and online payments industry executive Martins Skromans has joined BridgerPay, as Business Development Manager. Martins Skromans joins BridgerPay from rival payments fintech company Lanistar, where he was COO. He had joined Lanistar after serving as Head of Business Development for now-defunct binary options platform provider O-Systems for…
Read More “Exclusive: Lanistar COO Martins Skromans jumps to BridgerPay” »
CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, announced today that it has added to its global network of exchanges B3, one of the world’s largest financial market infrastructure companies. CQG’s clients around the world can now obtain trading and market data access to the Brazilian markets…
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The United States Securities and Exchange Commission (SEC) today sanctioned eight firms in three actions for failures in their cybersecurity policies and procedures that resulted in email account takeovers exposing the personal information of thousands of customers and clients at each firm. The eight firms, which have agreed to settle the charges, are: Cetera Advisor…
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International derivatives marketplace CME Group today announced that more than 1 billion Micro futures and options contracts have been traded to date. “Retail participation across CME Group continued to grow during the first half of the year, and our innovative, Micro-sized products help ensure that both individual and institutional clients can even more easily access…
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The Russian Federal Antimonopoly Service (FAS) today announces that it has issued a warning to Apple over the lack of information about alternative payment methods on Apple Store. The Russian regulator explains that it has received complaints from users of iOS-based devices and app developers. The plaintiffs note that, in some cases it is cheaper…
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Judge John P. Cronan of the New York Southern District Court has slammed the United States Commodity Futures Trading Commission (CFTC) over the ways it has tried to effect service of its complaint against Casper Mikkelsen, who stands accused of Forex fraud. The CFTC initiated this action on May 18, 2020. The Complaint alleges that…
Read More “CFTC fails to secure default judgment against Forex fraudster Casper Mikkelsen” »
