Online broker eToro remains true to its ongoing commitment to offer its clients a broad variety of cryptoassets. Today eToro announced the addition of CELO to its crypto lineup. CELO is a token aimed at making it easier to settle payments in cryptocurrency anywhere in the world between mobile devices. Instead of physical banks, this…
A new study by the Autorité des Marchés Financiers (AMF) confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. Usually dominated by traditional banks and online brokers, stock market investments by retail investors are increasingly being made via neo-brokers. This study covers 218 million transactions executed between the third quarter…
Read More “AMF study reveals rise in number of retail investors” »
FNG Exclusive… FNG has learned via regulatory filings that London based Retail FX and CFDs broker Fortrade has reported record annual Revenues of £26.7 million in 2020, reversing a 2019 Revenue decline as market conditions turned vert favorable to online brokers at the outset of the COVID-19 pandemic. Fortrade had reported a 12% decline in Revenue…
Read More “Exclusive: Fortrade sees 72% Revenue increase in 2020 to £26.7M” »
A lawsuit brought by ex-Citi Forex trader Rohan Ramchandani against his former employer continues at the New York Southern District Court, but some deadlines have been set so at least the document discovery appears to be close to completion. According to an order issued on November 27, 2021 by Magistrate Judge Stewart D. Aaron, the…
Read More “Court gives Citi, former head of FX trading desk two months to complete discovery” »
Santander UK announced today, subject to regulatory approval, the appointment of Mike Regnier as Chief Executive Officer of Santander UK Group Holdings plc and Santander UK plc. Mr Regnier joins from Yorkshire Building Society, where he has been CEO since 2017 and prior to that Chief Commercial and Chief Customer Officer. He has over 25…
Just2Trade, a European FX/CFDs broker regulated by the Cyprus Securities and Exchange Commission (CySEC), has announced that it has integrated with Your Bourse, a leading technology company for FX and CFD brokers, and selected Your Bourse as its main liquidity distribution channel. Just2Trade said that it has selected Your Bourse due to its bespoke offer…
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BME, through Iberclear, its central securities depository, is finalising the launch of a new digital proxy voting service for shareholders’ meetings. The service is powered by Proxymity’s digital investor communications platform and is a sustainable solution that connects Participant Entities and Issuers in a centralised way to speed up and promote the efficiency of the…
Read More “BME partners with Proxymity on new digital proxy voting service” »
A recent SEC filing by Nasdaq Inc (NASDAQ:NDAQ) reveals that the company and Adena T. Friedman, the President and Chief Executive Officer of Nasdaq, entered into a new employment agreement, effective as of January 1, 2022 (the “Agreement”), relating to the continuation of her role as President and Chief Executive Officer of Nasdaq. The term…
Read More “Target bonus of Nasdaq CEO Adena Friedman set at $3M” »
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, has announced that on 26 November 2021 options over a total of 2,273,000 ordinary shares of £0.00125 in the company were granted under the Beeks Financial Cloud Employee Share Option Plan. An option over 195,000 shares was awarded to Fraser…
Read More “Beeks grants option over 195,000 shares to CFO Fraser McDonald” »
The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. Concerned about the skyrocketing oil prices? That is just a blip compared to China’s energy crisis. To understand how grave the Sino-situation is, even the government-run Global Times, stated in October that there were “some gaps that may…
Read More “What China’s Power Crisis Means for the Global Economy” »
