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A lawsuit against trading platform ROFX continues at the Florida Southern District Court, with the victims building the evidentiary support in the case against the scam. The list of defendants includes: ROFX.net, Auro Advantages LLC, Aware Choice Ltd., Boonruk Ruamkit Co., Ltd., Brass Marker s.r.o., Easy Com LC, Epayments Systems Ltd., Ester Holdings Inc., Global…

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Euroclear announces the appointment of Michal Paprocki as Chief Information Officer (CIO) effective today. Mr Paprocki was previously acting as interim Co CIO with Marc De Rycke. Prior to this role, he served as Chief Technology Officer for three years. He will be based in Brussels and will join the Euroclear Group Management Committee, reporting…

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The United States Securities and Exchange Commission (SEC) today issued an order appointing DST Asset Manager Solutions, Inc as the administrator of the Poloniex fair fund. As FX News Group has reported, on August 9, 2021, the SEC imposed a Cease-and-Desist Order against Poloniex, LLC. In that Order, the regulator found that from July 2017…

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The Australian Securities and Investments Commission (ASIC) is facing challenges related to the supervision of entities implementing innovative business models. This becomes clear from a speech delivered today by ASIC Chair Joe Longo at the AFR Super & Wealth Summit. Mr Longo commented on decentralised autonomous organisations (or DAOs, being a whole new form of…

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Saxo Bank, the online trading and investment specialist, today announces the addition of nine new Crypto FX pairs to its TradingView offering, marking the latest round of integration of the capabilities from its new Crypto FX service with the established TradingView platform. Saxo clients using TradingView, a social trading platform that offers advanced charting tools…

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Centroid Solutions, a technology provider that combines real-time analytics, sophisticated risk-management, and advanced connectivity solutions for multi-asset brokers, has announced that it has signed a strategic business partnership agreement with Fair Trading Technology (FTT), a rapidly growing brokerage solutions providers in the fintech industry. FTT’s vision is to become a leading digital, data driven, innovative…

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It was rebranding week in the FX sector, with two of the better known Retail FX/CFD brands in their respective markets, Vantage FX and ETX Capital, deciding to shake things up and change their respective brand names. But, it seems, for different reasons. How will Vantage FX and ETX Capital now be known? What is…

Read More “FX week in review: Vantage and ETX rebrand, Playtech bidding war, CMC Markets split” »

Although Robinhood was among the companies that managed to escape the conspiracy claims brought by traders embroiled in the January trading short squeeze, the online trading company still faces a set of additional allegations, including ones about negligence and breach of duty of care. After the plaintiffs in a multi-district litigation against Robinhood filed their…

Read More “Robinhood slams accusations about short squeeze trading restrictions as absurd” »

CME Group has published a notice of disciplinary action as to GFI Securities LLC. The company agrees to pay a fine as a part of a settlement related to violations of several rules of the Exchange. Pursuant to an offer of settlement that GFI Securities LLC, in which GFI neither admitted nor denied the rule…

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Olivier Vigneron has been designated as Deutsche Bank’s Group Chief Risk Officer, effective June 1, 2022. Subject to regulatory approvals, he will succeed Stuart Lewis, who in March announced his decision to retire after the Annual General Meeting 2022 after 25 years’ service. Olivier Vigneron will join Deutsche Bank as a Senior Group Director on…

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