Interdealer broker TP ICAP Group plc (LON:TCAP) today announced it will release its Q3 trading statement on November 2, 2021. The Group says it has benefited from an improved Q3 trading environment. This has helped to narrow the gap in year-to-date revenue versus the prior year and supports TP ICAP’s full year revenue guidance outlined…
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The following is a guest editorial courtesy of Panda Trading Systems. A New Trend Emerges It’s an often-repeated myth in online trading that technology providers are useful for start-ups and small to medium firms, but that big brokers don’t require them because they do everything in-house. It’s said that they prefer to develop proprietary solutions…
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Shortly after BTIG responded to the Securities and Exchange Commission (SEC) complaint alleging short selling rules violations, the regulator has made it clear that it disagrees with the defenses outlined by the company. According to documents filed by the SEC in the New York Southern District Court, the regulator wants two of BTIG’s affirmative defenses…
Read More “SEC wants BTIG to drop claims about disgorgement of ill-gotten gains” »
CySEC licensed Retail FX and CFDs broker easyMarkets has announced its integration with the TradingView platform. Now, easyMarkets clients can access TradingView’s social network for traders, one-click trading directly from charts and advanced analysis features by connecting their easyMarkets account to the TradingView interface. This offering extends its client’s choices of platforms to trade on…
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New Zealand’s Financial Markets Authority (FMA) today announces that it has censured Firma Foreign Exchange Corporation (NZ) Limited after finding it had materially contravened a number of its obligations as a licensed derivatives issuer (DI). Firma NZ materially contravened its licence obligations because it: Failed to conduct product suitability tests for clients Repeatedly failed to…
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More than a year after the United States Commodity Futures Trading Commission (CFTC) charged Craig L. Clavin and his company Lighthouse Futures, Ltd with fraudulent solicitation of commodity pool participants, misappropriation of pool funds, commingling pool funds with other funds, and failing to register with the CFTC, the case is getting settled. On October 9, 2021,…
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Equals Group plc (LON:EQLS), a technology-led international payments group focused on the SME marketplace, today providedd a trading update for the three months to 30 September 2021 (Q3 2021). The record start to Q32021 that the company reported at the time of its Interim Results announcement has been sustained throughout the remainder of the period,…
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Social trading focused online broker NAGA Group AG (ETR:N4G) has released unaudited preliminary group figures for the 3rd quarter of 2021, indicating a record quarter for the company. NAGA Group, which is based in Hamburg, Germany but operates the NAGA.com website from Cyprus under a CySEC license, reported that NAGA revenue increased by 157% YoY…
Read More “NAGA Group posts record Revenue of $15M and EBITDA of $5.2M in Q3-2021” »
This week’s forex industry news was dominated by several new company and project launches by well known FX industry people, slightly outside the “mainstream” of the online trading sector. And, it was all brought to you first or exclusively by FNG. What exactly is JFD founder Lars Gottwik’s new startup TRADANTS all about? And how…
Ex-Citi Forex trader Rohan Ramchandani has secured a small win in the lawsuit against his former employer, as he gained access to a heavy volume of documents related to the Department of Justice (DOJ) investigation of suspected FX spot market manipulation. Let’s recall that Ramchandani brought this action against Citibank, his former employer. The Complaint…
Read More “Citi ordered to produce material related to DOJ FX spot market investigation” »
