Online trading company Rakuten Securities Hong Kong Ltd has resumed accepting new open positions in TRY/JPY on Rakuten FX again from 28th June, 2021 (Market Open). The broker notes that: Gross buy and sell amount of entry order and open positions of TRY/JPY will be up to 3 million Initial margin for TRY/JPY will be…
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Retail FX broker eToro is improving the trading conditions on its CopyTrader platform. A few months ago, the minimum Copy amount was increased to $500. Back then, the company said the change was temporary. Now, eToro announces that the amount has been reverted to $200, making it easier to invest with CopyTrader. Traders can explore…
Some internal management changes afoot at global Retail and Institutional multi-asset broker Equiti Group – which, seem to indicate that the company will be increasing its focus on the international / offshore part of its business. The company said that after three successful years as CEO of Equiti Capital (UK), the group’s Institutional B2B arm,…
Read More “Nigel Holmes named Equiti Capital CEO as Brian Myers heads Seychelles/Africa” »
The Australian Securities and Investments Commission (ASIC) has announced that a Melbourne man is charged with multiple counts of market manipulation. On 2 July 2021, Mr Gabriel Govinda of Melbourne, Victoria, appeared at a filing hearing in the Melbourne Magistrates’ Court faced with 23 charges of market manipulation and 19 charges of illegal dissemination of…
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Just a day after the UK Financial Conduct Authority (FCA) confirmed that Dolfin Financial (UK) Ltd has entered administration, the Financial Services Compensation Scheme (FSCS) has posted a brief update on the matter. At this point, FSCS is in the early stages of investigating whether there are any claims that meet the qualifying conditions for…
Read More “FSCS examines possibility of compensation for Dolfin clients” »
Euroclear today provided an update on Euro settlement on and from 30 June 2021. Due to the expiry of some of Euroclear UK & Ireland’s regulatory statuses, securities constituted under the laws of Ireland and a small number of securities constituted under the laws of Cyprus, The Netherlands and Luxembourg, which are represented in the…
Broadridge Financial Solutions, Inc (NYSE:BR) today announced that it is further enhancing its regulatory compliance capabilities for broker-dealers with the acquisition of the cloud-based Execution Compliance and Surveillance Service (ECS) assets from Jordan & Jordan. The solution provides a combination of surveillance and regulatory reporting as well as compliance consulting capabilities for US regulations. “We…
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Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) today posted its key operating metrics for June 2021. The company registered 2.471 million Daily Average Revenue Trades (DARTs) in June 2021, 33% higher than prior year. The result is 10% higher than the 2.250 million DARTs registered in May 2021. Ending client equity amounted to $363.5…
Read More “Interactive Brokers registers 10% M/M increase in trades in June 2021” »
Richard Usher, a former FX trader known for his participation in the “Cartel” chatroom, is pushing for the Department of Justice (DOJ) to produce all relevant documents from the criminal case against him, so that the evidence could be used in related proceedings brought by the Office of the Comptroller of the Currency (OCC). As…
Read More “Forex Cartel trader insists DOJ should not withhold evidence” »
Deutsche Börse further expands its FX data offering by providing real-time FX pricing data from 360T through its CEF data feed. The offering includes data from 360T’s and DIGITEC’s award-winning Swaps Data Feed (SDF), as well as streaming FX spot pricing data sourced from 360T’s Essential Data Feed (EDF). Deutsche Börse acts as licensor for…
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