FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker FXPrimus is planning to change up its look and logo in the coming weeks, although it appears as if the company is keeping its current moniker as part of the rebrand. FXPrimus released a brief teaser video on its social media channels…
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Leading UK online broker IG Group (LON:IGG) has announced that it has appointed Barbara Duffy as its Chief People Officer and a member of the company’s executive committee. A business leader with considerable experience in strategic HR, leadership development, business growth and transformation, Barbara Duffy brings over 25 years of experience to her role. Based…
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The UK Financial Services Compensation Scheme (FSCS) has confirmed that 12 firms were declared in default in the period from 1 December 2021 to 31 January 2022. The firms declared in default have gone out of business and FSCS believes they are unable to meet any claims themselves. This means that any customers who are…
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The United States Securities and Exchange Commission (SEC) is looking into revoking the registration of securities of ParagonCoin Limited for the protection of investors. ParagonCoin is a stricken Gibraltar corporation with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). ParagonCoin is delinquent in its periodic filings with the SEC,…
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Moscow Exchange (MOEX) announces that, on 15 February 2022, deliverable futures contracts on stocks of eight Russian companies will begin trading on the Moscow Exchange Derivatives Market. The new instruments will improve diversification and portfolio management opportunities for both retail and institutional investors. The contracts will be on the following stocks: Gazpromneft, Samolet Group, Detsky…
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Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five new websites that abusively offer financial services. The websites belong to entities offering FX, CFD and crypto trading, which do not have the necessary licenses but target Italian investors. The websites affected by the latest set of Consob orders are: Tryst…
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Finablr PLC today confirmed that it has received notice from the Registrar of Companies on 11 January 2022 that, unless cause is shown to the contrary within 2 months of the date of the notice, the company will be struck off the register and dissolved. Finablr says it is currently in the process of resolving…
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Financial technology leader Worldpay from FIS has partnered with cryptocurrency platform Crypto.com to be a global validator and operator for the Crypto.org Chain. The Crypto.org Chain is a public blockchain which enables transactions worldwide between people and businesses. As part of the partnership, Worldpay will also provide global merchant acquiring services to support Crypto.com’s continued…
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BTIG announced today several key hires to enhance the firm’s Structured Product business within BTIG’s Fixed Income, Currency and Commodities division. Christopher Heaney and Jamarr Delauney have joined BTIG as Managing Directors, and David Cantor has joined the firm as a Director. In their new roles at BTIG, they will report to Alejandro Feely, Managing…
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What was the most money ever spent by a Retail FX broker on a single ad? Well, this one probably takes the prize. With the USA’s most looked-forward-to TV advertising day coming up next Sunday with the Super Bowl LVI championship game in American Football set for February 13, advertising sources are reporting that eToro…
