Author: admin

The last few months have seen some interesting collaborations and partnerships being struck in the FX world, as technology rapidly evolves alongside broker demands for integrated, seamless solutions. One of the interesting deals which caught our eye was the collaboration announced between CME Group’s EBS and TORA, a provider of cloud-based, multi-asset order and execution…

Read More “EBS partnership – a conversation with TORA’s Chris Jenkins” »

The United States Federal Trade Commission (FTC) is sending checks totaling more than $5.4 million to 31,144 consumers who lost money after buying into an allegedly deceptively marketed investment training scheme offered by California-based Online Trading Academy (OTA) and its founder and CEO. According to the FTC’s February 2020 complaint, OTA used false or unfounded…

Read More “FTC sends refunds to over 31,000 victims of Online Trading Academy” »

Online broker eToro has just confirmed that the tech issues which affected the work of the eToro Money app earlier today are resolved. Login to the eToro Money app via iOS was unavailable for some customers, the company said at 08:32 UTC today. About 30 minutes later, eToro said the root cause of the issue…

Read More “eToro Money app issues resolved” »

Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877), formerly known as KVB Kunlun, today posted its financial results for the first six months of 2021, with net losses widening in line with the Group’s own forecasts. During the six months ended 30 June 2021, total income of the Group decreased by approximately 42% to HK$3.80…

Read More “CLSA Premium sees losses widen in H1 2021” »

Barclays today announces the appointment of Mani Joseph as Head of Asia Special Situations. Based in Hong Kong, he will report to James Roberts, Head of Asia Credit Trading. Mr Joseph will be responsible for leading the buildout of the Special Situations franchise for the Asia Pacific region. He will be developing and embedding the…

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The lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against John David McAfee and Jimmy Gale Watson Jr over an alleged digital asset fraud has become quite messy. According to a status report submitted by the CFTC at the New York Southern District Court on August 13, 2021, the regulator is in…

Read More “CFTC drags its feet on lawsuit against John McAfee” »

Nomura Research Institute, Ltd. (NRI) today announces that it will provide an optional liquidity risk monitoring service on T-STAR/GX in response to the recent “Amendment to Risk Management Regulations of Publicly Offered Investment Trusts” set by Japan’s Investment Trust Association (“JITA”). NRI’s new service will enable clients to comply with the current regulations governing liquidity…

Read More “Nomura Research Institute to offer new liquidity risk monitoring service” »

What Retail FX brand did Axiance replace? Which former MetaQuotes executive did Match-Trade hire to run its new Cyprus office? Who is the new CMO at Equiti Group? Which former TIOMarkets executive was named CEO of USGFX’s UK operation? Answers to these questions and a whole lot more (XTX Markets’ amazing 2020 results, StoneX’s latest…

Read More “FX week in review: Axiance launch, Match-Trade in Cyprus, hires at Equiti and USGFX” »

Cboe Global Markets, Inc, a leading provider of global market infrastructure and tradable products, today issued the following statement from Ed Tilly, Chairman, President and CEO of Cboe Global Markets, on the passing of Wayne Luthringshausen, retired chairman and CEO of the Options Clearing Corporation (OCC): “On behalf of all of us at Cboe, we…

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Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has just posted a set of unaudited metrics for the quarter to end-June 2021, with the numbers revealing a rise in stockholders’ deficit in the quarter. The broker posted total stockholders’ deficit of $173.2 million at the end of the second quarter of 2021. This compares…

Read More “Global Brokerage reports stockholders’ deficit of $173M at end of Q2 2021” »