The adversary proceedings against Forex broker AFX Capital Markets have been adjourned again. This is made clear by a document submitted by counsel for Ronald J. Friedman, Esq, at the New York Eastern Bankruptcy Court on January 20, 2022. The document, seen by FX News Group, states that the Pre-Trial Conferences in the adversary proceedings,…
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FNG Exclusive… FNG has learned that FX broker software platform provider Spotware Systems has hired Christina Theodorou as the company’s new Chief Operating Officer (COO). Christina Theodorou joins Spotware from Retail FX broker BDSwiss, where she was Chief Project Officer, overseeing much of BDSwiss’ operations and structure. Prior to joining BDSwiss in 2019 Christina worked…
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Social trading focused broker Public.com has announced that it is acquiring HyperCharts, a data visualization platform that provides fundamental financial and business metrics for publicly-traded companies. HyperCharts, founded by Galileo Russell and Moe Salih in 2019, provides data summaries and visualizations for hundreds of the most popular publicly-traded companies. Its platform contains robust financial metrics…
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Today, SIX welcomes Invesco Digital Markets PLC as a new issuer of crypto Exchange Traded Products (ETPs). With the Bitcoin ETP listed by Invesco, a total of 225 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. “Trading in passive products with cryptocurrency underlyings is enjoying growing popularity…
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Mark Kandborg, current Deputy Head of Nordea’s Large Corporates & Institutions business area, is appointed Chief Risk Officer and a member of the Group Leadership Team as of 1 April 2022. Nordea’s current Chief Risk Officer has decided to return to the United Kingdom after more than five years at Nordea and will be succeeded…
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Broker tech integration solutions provider Gold-i Ltd has announced that it has been selected by Modus.Trade, a crypto specialist investor network, to manage its entire technology infrastructure. This includes providing access to crypto market makers and clearing using the Gold-i Crypto Switch 2.0 and supporting Modus.Trade’s MT5 trading platform. Modus.Trade is a crypto fund and…
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Hong Kong’s Securities and Futures Commission (SFC) today announced the imposition of a $5 million fine on Zhonghui International Futures Company Limited (ZIFC) for failures in complying with know-your-client, anti-money laundering and counter-terrorist financing (AML/CFT) and other regulatory requirements between May 2017 and July 2018. The SFC’s investigation found that ZIFC, which permitted 26 clients…
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Barclays today announces the appointment of François Baroin as Chairman, France. Mr Baroin was appointed as a Senior Advisor to Barclays in 2018 and has since then made an impressive contribution to the bank’s activities, notably playing a key role in the expansion of Barclays Corporate and Investment Bank in France. Given the success of…
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Retail FX and CFDs broker Henyep has changed the name of its London-based, FCA regulated entity from Henyep Capital Markets (UK) Limited to HYCM Capital Markets (UK) Limited. The change from Henyep to HYCM seems to be in line with similar changes the company has made in other jurisdictions where it has regulated subsidiaries, e.g….
State Street Corporation (NYSE:STT) today announced that Cyrus Taraporevala, president and chief executive officer of State Street Global Advisors, will retire in 2022. Cyrus Taraporevala
