Author: admin

FX data and analytics provider Tradefeedr has announced that it has appointed Dr. Michal Marcek to join its advisory group. Tradefeedr has created what it calls a common, truly independent FX trading database allowing market participants across the sell-side, buy-side, regional banks, hedge funds, brokers and central banks to connect, analyse their trading data and…

Read More “Tradefeedr adds PIMCO alum Michal Marcek to its Advisory Group” »

The sentencing of Konstantin Ignatov, a key figure in the proceedings against notorious crypto scheme OneCoin, has been postponed again. This becomes clear from recent filings with the New York Southern District Court. The sentencing control date for Mr Ignatov previously set for November 12, 2021 has been adjourned to May 12, 2022. There was…

Read More “Sentencing of OneCoin leader Konstantin Ignatov delayed until May 2022” »

TP ICAP Finance plc has announced the indicative results of its invitation to eligible holders of its outstanding £500,000,000 5.250 per cent. Notes due 2024 to tender their Notes for purchase by the Offeror for cash up to the Final Acceptance Amount. The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 15…

Read More “TP ICAP Finance announces indicative results of its tender offer for notes due 2024” »

Which well known FX industry executive has launched a new licensed copy trading brokerage called Ditto? (And, where is Ditto licensed?) What is the name of the new multi-asset liquidity provider launched by itexsys executives Simon Blackledge and Antoon Gysbers? Which new bidder has turned the acquisition of Playtech into a takeover battle? Who is…

Read More “FX week in review: Copy Trading and Liquidity launches, Playtech takeover battle, Spreadex CEO” »

Sky News has reported over the weekend that leading UK online trading firm CMC Markets (LON:CMCX) is working with financial advisors on a possible breakup of CMC into two separate, publicly traded companies. Under the plan being looked at by the CMC board, one entity – likely to retain the CMC name – would keep…

Read More “CMC Markets contemplating split into two separate companies: Sky News” »

Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has just posted a set of unaudited metrics for the quarter to end-September 2021, with the numbers revealing a widening of the stockholders’ deficit in the quarter. The broker posted total stockholders’ deficit of $183.5 million for the third quarter of 2021. This compares with a…

Read More “Global Brokerage posts stockholders’ deficit of $183.5M at end of Q3 2021” »

Following the Annual General Meeting of TP ICAP Group plc (LON:TCAP) in May 2021, the Remuneration Committee has been consulting with shareholders in relation to the Company’s current remuneration policy and the Company’s strategy. Let’s recall that, at the last AGM, the resolution concerning the report of the Remuneration Committee barely passed, getting the support…

Read More “TP ICAP to present new remuneration policy” »

The United States Securities and Exchange Commission (SEC) has filed an action against Terraform Labs PTE, Ltd., and its co-founder and CEO, Do Kwon, seeking an order directing them to comply with investigative subpoenas for documents and testimony. Terraform Labs launched the Mirror Protocol in 2020, through which users may create and trade digital assets…

Read More “SEC launches enforcement action against Terraform Labs and its CEO” »

Online trading broker eToro today posted its financial report for the third quarter of 2021, revenues marking a solid rise from the year-ago quarter. For the third quarter of 2021, total commissions were $222 million, up 66% versus the corresponding period in 2020, driven by strong trading revenue, higher interest income and higher other income….

Read More “eToro registers steep rise in trading income in Q3 2021” »

The UK Financial Conduct Authority (FCA) today published information for former customers of Finteractive Ltd (trading as FXVC). Let’s recall that, in April 2021, the FCA imposed requirements on Finteractive, preventing it from carrying on any further regulated activities in the UK. The FCA has since become aware that former customers of Finteractive have been…

Read More “FCA warns former FXVC clients about scammers” »