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Electronic brokerage Interactive Brokers has updated its TWS platform, with the latest (beta) version of the solution offering an enhanced Events Calendar. The redesigned Events Calendar can help traders stay on top of current and upcoming economic and corporate events for companies around the globe. The latest addition – detailed IPO data from Renaissance Capital…

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Fidelity Institutional, the division of Fidelity Investments dedicated to providing technology, solutions and insights to wealth management firms and institutions, announced today that Rohit Mahna has been named Head of Client Growth, effective January 2022. Mr Mahna joins Fidelity from Salesforce, where he was senior vice president and general manager of the company’s Global Financial…

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The Cyprus Securities and Exchange Commission (CySEC) has issued a Policy Statement relating to its decision to further amend Directive 87-04, in an effort to ensure the smooth transition of UK groups operating under the Temporary Permissions Regime (TPR), until they establish a physical presence in Cyprus. Let’s recall that in December 2020, CySEC introduced…

Read More “CySEC grants certain UK firms permission to operate under TPR” »

Interdealer broker TP ICAP today provided an update on security vulnerability. The company says its security team is investigating the Log4j Java library remote code execution (RCE) vulnerability (CVE-2021-44228), also known as Log4Shell. This vulnerability was disclosed by the Apache Log4j project on Thursday 9 December, 2021. If exploited, it could potentially allow a remote attacker…

Read More “TP ICAP Security team investigates Log4Shell” »

Electronic trading major IG Group Holdings plc (LON:IGG) announces that it has received notification that Tom Sosnoff, a Person Discharging Managerial Responsibilities (PDMR), transferred a total of 1,108,578 ordinary shares of 0.005p each on 9 December 2021, as a gift to trusts. The transfer was for estate planning purposes and the lock up arrangements on…

Read More “Tom Sosnoff transfers 1.1M shares in IG Group as gift to trusts” »

Israeli business news source Calcalist is reporting that the going-public plan for Retail FX, CFDs, and crypto broker eToro via a merger with special purpose acquisition company (SPAC) Fintech Acquisition Corp V (NASDAQ:FTCVU) is in trouble – at least in its current format. According to Calcalist, the eToro-SPAC deal is unlikely to be completed in…

Read More “eToro $10 billion SPAC IPO deal in trouble: Calcalist” »

National Westminster Bank Plc (NatWest) was today fined £264,772,619.95 following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, today said: ‘….it must be borne in mind that although in no way complicit in the money laundering which took place, the Bank…

Read More “NatWest hit with £264.7M AML fine in bags-of-cash case” »

There have been rumors circulating in the FX world the past few days about a targeted hack attack against FX broker tech, liquidity, and hosting provider PrimeXM, specifically targeting its MT4/5 hosted servers. PrimeXM provides dedicated MT4/5 hosting and connectivity services for quite a number of FX and CFD brokers. The rumors have included multiple…

Read More “PrimeXM fends off hosted MT4/5 server hack attack and ransom demand” »

Interdealer broker TP ICAP Group plc (LON:TCAP) announces that on 13 December 2021 a notification was received relating to a purchase of Ordinary shares of £0.25 each in the company. On December 9, 2021, Angela Crawford-Ingle, who is an Independent Non-executive Director of TP ICAP, bought 14,332 shares in the company at a price of…

Read More “Angela Crawford-Ingle buys 14k shares in TP ICAP” »

IEX Exchange today announced that Stan Feldman, a Co-Founder of IEX, was appointed Chief Operating Officer (COO) for the Exchange. Mr Feldman will oversee day-to-day operations for IEX Exchange, including business analytics, market operations and product development. It was also announced that Matt Weinberg will assume the role of Head of Business Development for IEX…

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