FNG Exclusive… FNG has learned that London based CFDs and Financial Spread Betting broker Capital Index has promoted longtime Operations head Trevor Barwell to the position of Managing Director (or CEO). The move effectively fills the hole at Capital Index left by the departure earlier this year of Matthew Wright, who had been CEO of…
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Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key performance metrics for October 2021. The broker reported 2.305 million Daily Average Revenue Trades (DARTs) for October 2021, 31% higher than prior year and 2% higher than prior month. Let’s recall that in September the broker also saw a rise in trading…
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CySEC regulated Sheer Markets, a CIF with both an institutional and retail execution offering, and Centroid Solutions, a leading multi-asset technology provider, have announced a collaboration to drive access to NDF liquidity. Institutional NDF turnover within the last 12 years has seen a steady increase of some 300% in trading volume. Specifically, in the previous…
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Broadridge Financial Solutions, Inc. (NYSE:BR) and Northern Trust (NASDAQ:NTRS) today announced that Emerald Technology Ventures will utilize the Broadridge Private Market Hub ecosystem to gain visibility and reduce transaction friction to interact in real-time on all Guernsey domiciled funds. Broadridge’s Private Market Hub, the industry’s first deployment of blockchain technology for the private equity market,…
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Market data and charting company NetDania has announced that Rasmus Bagger-Petersen has been appointed Chief Commercial Officer (CCO) of the company, and will be a member of the Danish fintech firm’s management team. Rasmus Bagger-Petersen joins NetDania from an institutional global sales role at Saxo Bank, with extensive experience in both B2B and B2C product…
Read More “United Fintech’s NetDania hires Saxo Bank exec Rasmus Bagger-Petersen as CCO” »
FNG has learned that longtime Gold-i executive, and the company’s current Chief Commercial Officer, Julian Elliott has resigned. Julian Elliott had spent 11 years at Gold-i and was one of the longest serving employees at the MT4 tech provider, joining in 2010 – not long after Gold-i’s founding by former ODL Securities CTO Tom Higgins…
Urban Angehrn takes up his new post as CEO of the Swiss Financial Market Supervisory Authority (FINMA) today. He replaces CEO ad interim Jan Blöchliger, who will once again be in charge of banking supervision. Urban Angehrn will recuse himself from items of business that concern his former employer. Jan Blöchliger returns to his role…
Online giants, including Google, have responded to a request by the Chair of the Treasury Committee, Rt. Hon. Mel Stride MP, for the online companies to provide further information on the policies they have put in place to combat economic crime, prevent fraud and protect consumers. In its letter, Google explains it is investing significantly…
Read More “Google offers $3M ads credit to FCA to protect consumers from scams” »
FNG Exclusive… FNG has learned from company sources that global Retail FX and CFDs broker Exness has surpassed $1 trillion in client trading volumes for the month of October, a new milestone for the company – and marking the first time that a Retail FX firm has topped the magic trillion dollar volume mark. Exness’…
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The United States Securities and Exchange Commission (SEC) has secured an entry of default against Spot Option and its owner Malhaz Pinhas Patarkazishvili (Pini Peter) – defendants in a binary options fraud case. The entry was made on October 29, 2021. The document states that the defendants had failed to plead or otherwise defend in…
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