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Online trading app Robinhood has made another attempt to dismiss a lawsuit about its allegedly spammy refer-a-friend marketing campaign. As FX News Group has reported, Cooper Moore has taken Robinhood to Court after he received an unsolicited message encouraging him to invest with the company. Moore explains that, to attract new customers, Robinhood recruits its…

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Multi-asset trading and investment specialist Saxo Bank is planning some enhancements to its OpenAPI, the backbone of trading platforms such as SaxoTraderGO. From November 2021, Saxo plans to introduce Extended AssetTypes. To facilitate a better separation of instruments with different properties, Saxo Bank has decided to redefine the AssetType enumeration. Currently, the developers team will…

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Italy’s Companies and Exchange Commission (CONSOB) today announces that it has ordered the blocking of access to six more websites that offer financial services without having the necessary license to do so. The list of entities targeted by the latest set of orders includes: “FinoMarkets” (website www.finomarkets.com); Sealtd Ltd (website www.sealtd.io and related pages https://trading.sealtd.io…

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The defendants in the antitrust tranche of a multi-district litigation concerning the January short squeeze have responded to the amended complaint filed by the plaintiffs in this case. Let’s recall that, according to the plaintiffs, this case is about individual investors who invested their money in the stock market and were stripped of their rights to…

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The UK Serious Fraud Office (SFO) today provided an update on its investigation into London Capital and Finance Plc (LCF). The SFO says it continues to investigate the dealings of London Capital and Finance Plc and associated companies. The body thanks to those victim investors who the SFO has asked to make formal witness statements….

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BNY Mellon is expanding its Custody FX offering, adding new trading capabilities and pivoting from a primarily custody-focused service model into a transparent open architecture that can be leveraged by a variety of client types for their rules-based, end-to-end transaction needs. Effective immediately, clients in BNY Mellon’s FX trading programs can customize how they trade…

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The UK Financial Conduct Authority (FCA) today confirmed that it has issued a warning notice to an individual over market abuse. The FCA considers that the individual, who was a member of the board of directors of a listed company, negligently engaged in market abuse by unlawfully disclosing inside information contrary to Article 14(c) of…

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Public.com today announced the addition of crypto trading to its offering. Members will be able to buy, sell, and hold crypto assets in the same app they use to manage their stock market portfolios. The offering will be rolled out to eligible members gradually over the next several weeks. Members can now explore ten cryptos…

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TechFinancials today announces it has entered into a Share Purchase Agreement to sell its 99.84% owned subsidiary, Cedex Holdings Limited, to Lem Management Limited. According to the terms of the Agreement, TechFinancials will be entitled to future consideration upon Lem Management succeeding to raise US$20 million in a single or series of related transactions, for…

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Online trading company eToro is seeking to improve users’ experience, so it has updated the way withdrawals are done. Traders are now able to choose a destination payment method during the withdrawal process, out of the possible ones for the requested amount. Only available methods for the funds requested will be shown. If there are…

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