Category: forex news

About a fortnight after the United States Securities and Exchange Commission (SEC) brought insider trading charges against former Goldman compliance analyst Jose Luis Casero Sanchez, the regulator has warned the Court that the defendants in this case are dissipating assets in violation of Court orders. Let’s recall that the lawsuit was launched on September 29,…

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Law enforcement and judicial authorities from Bulgaria, Cyprus, Germany, the Netherlands and Ukraine, supported by Europol and Eurojust, teamed up against an organised crime group involved in binary options fraud. The group was behind an online trading platform for financial services with binary options. Europol set up an Operational Task Force to support the cross-border…

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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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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…

Read More “Big Brokers Don’t Outsource to 3rd Party Tech Providers?” »

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” »

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,…

Read More “Equals Group marks acceleration in trading, revenues rise in Q3 2021” »

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” »