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Specialized payments platform Paysafe Ltd (NYSE:PSFE) today announces that recently acquired German fintech company viafintech GmbH has entered into a partnership with Solarisbank AG with a joint vision to replace the classic bank branch and physical locations for basic banking services. Banking-as-a-service platform Solarisbank provides international corporations and fast-growing fintechs with a legally compliant and…

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Electronic trading major Interactive Brokers continues to enhance the capabilities of its TWS platform. The latest (beta) build of the solution enables harvesting capital losses via the Allocation Order Tool. Financial Advisors can help clients realize tax benefits of capital loss using the Allocation Order Tool. Users can preview potential losses on stocks, and pre-allocate…

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The UK Financial Conduct Authority (FCA) has today confirmed a series of rule changes to ensure that the UK’s public markets remain a trusted and attractive place to list successful companies. The reforms build on, a number of the recommendations made in the UK Listing Review and the Kalifa Review of UK FinTech, with the…

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FlexTrade Systems today announced that Tradefeedr’s unified data analytics API is fully integrated and available within FlexTRADER EMS. Tradefeedr enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common metrics. The first FlexTrade client, a European buy-side firm, is now live and in production using the integration. The move is…

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As the patent infringement lawsuit brought by OANDA against GAIN Capital, which is now owned by StoneX, continues at the New Jersey District Court, the parties have updated the Court on how the discovery process progresses. According to a joint status report submitted at the Court on December 1, 2021 and seen by FX News…

Read More “OANDA, GAIN Capital clash over API source code production” »

Afterpay Ltd (ASX:APT), a provider of “Buy Now, Pay Later” services, today provided an update on the proposed acquisition by Lanai (AU) 2 Pty Ltd, a wholly owned indirect subsidiary of Square, Inc. (NYSE:SQ), of Afterpay. Further to the announcement and the release of the scheme booklet on 5 November 2021, Afterpay notes that all…

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Saxo Bank has published its set of outrageous predictions for 2022. Steen Jakobsen, Saxo’s Chief Investment Officer, explains that the theme for 2022 Outrageous Predictions is Revolution. Mr Jakobsen comments: “There is so much energy building up in our inequality- plagued society and economy. Add to that the inability of the current system to address…

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The United States National Futures Association (NFA) announces that it will increase member swap dealer and major swap participant dues effective January 1, 2022. NFA Bylaw 1301 imposes annual dues on NFA Member swap dealers (SD) and major swap participants (MSP). The current annual dues amounts have remained unchanged, except for a reduction in MSP…

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The adversary proceedings against AFX Capital Markets Ltd, AFX Capital U.S. Corp., and STO Super Trading Online have been marred by delays, with the lawsuit to be protracted even further, as indicated by the latest documents filed with the New York Eastern Bankruptcy Court. The adjourned Pre-Trial Conferences in the adversary proceedings, scheduled for December…

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Online trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key performance metrics for November 2021. The broker reported 2.793 million Daily Average Revenue Trades (DARTs) for November 2021. The result is 22% higher than in November 2020 and 21% higher than the 2.305 million Daily Average Revenue Trades registered in October 2021….

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