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The United States Commodity Futures Trading Commission (CFTC) has marked progress in its action against the individuals behind fraudulent cryptocurrency scheme Global Trading Club (GTC). This becomes clear from documents recently filed with the Texas Southern District Court. Let’s recall that, in September 2020, the CFTC filed a complaint against four individuals for fraudulently soliciting…

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Swissquote will become the official sponsor of the Zürcher Schlittschuh Club Lions. This professional ice hockey team plays in the National League (NL) and is located in Zürich. From the 2021/22 season onwards, Swissquote will support the ZSC Lions. In order to further strengthen brand awareness in the Zurich area, the Swiss online trading platform…

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Following the successful formation of SIX SIS USA Inc. and with the opening of its US office, SIX takes a major step forward in its international growth strategy. As a trusted Financial Market Infrastructure operating the Central Securities Depository (CSD) in Switzerland and Spain and distinguished provider of integrated international custody services worldwide, SIX has…

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UAE based FX and CFDs broker CFI Financial Group has announced that it has promoted Chief Operating Officer Mohamad Daher to the position of Chief Executive Officer (CEO) of Credit Financier Invest Limited, the global group’s London based FCA licensed entity. Mohamad Daher started his career at CFI Lebanon as a Sales Trader before quickly…

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Following the intention to float announcement released earlier this month, Bridgepoint today announces the successful pricing of its initial public offering (IPO) at 350 pence per Share. Based on the Offer Price, Bridgepoint’s total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately £2,881…

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Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has posted its financial performance metrics for the second quarter of 2021. Net revenues for the second quarter of 2021 were $754 million, up from net revenues of $539 million in the equivalent period a year earlier. The result, however, lagged behind the one registered in the…

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Trading Technologies International, Inc. (TT) and the Warsaw Stock Exchange (WSE), the national exchange of Poland, today announced that TT’s global user base can now access derivatives products listed on WSE through the TT platform. The addition of WSE to Trading Technologies’ range of connected markets further strengthens the TT offering with seamless access to…

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Acting Attorney General Andrew J. Bruck today announced that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to stop BlockFi, Inc from selling unregistered securities in the form of interest-earning cryptocurrency accounts that have raised at least $14.7 billion worldwide. BlockFi, Inc, through its affiliates BlockFi Lending, LLC and…

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Provider of financial markets data and infrastructure Refinitiv is enhancing its post-trade regulatory reporting capabilities through a partnership with Xinthesys LLC that enables sell-side traders to potentially save costs with a single and fully integrated platform for trade reporting. Refinitiv’s integration of Xinthesys’ ADEPT SaaS platform allows broker-dealers access to critical regulatory risk management tools…

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The Australian Securities and Investments Commission (ASIC) today announces the imposition of a ban on former financial adviser Adam John Bevan for five years from providing financial services, controlling a financial services business, or performing any function in relation to carrying on a financial services business. Mr Bevan was an authorised representative of Gold Coast…

Read More “ASIC cancels AFS licence of Trade Wind Financial Services” »