Sberbank has issued a statement on the new rules for foreign currency transactions introduced by the Central Bank of Russia. Sberbank says it continues to operate normally and that it is ready to meet the cash demand of its clients and comply with the new rules on foreign currency transactions in cash. In the meantime,…
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International derivatives marketplace CME Group has announced first day trading volume for its newly launched 20-Year U.S. Treasury Bond futures contract, which became available for trading on Monday, March 7. In total, more than 1,300 contracts were traded by 30 participants, with open interest of 1,041 contracts, signifying strong client interest in an additional fixed…
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The UK Advertising Standards Authority (ASA) today issued a ruling against a digital poster for Ziglu, an online cryptocurrency platform. The ad was seen in September 2021. The ad had headline text that stated “Scotland, your capital is at risk” in large print. Underneath this was text that stated, “ziglu.io/capital” within an image of an…
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The Central Bank of Russia is introducing temporary rules for foreign currency operations in cash. The rules will be valid from March 9, 2022 to September 9, 2022. All funds in foreign currency accounts and deposits are safe and accounted for in the deposit currency. A client will be allowed to withdraw up to $10,000…
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During the regular meeting of the Board of Directors held following the Annual Meeting of the Shareholders of StoneX Group Inc. (NASDAQ:SNEX), owner of retail Forex brands like FOREX.com and City Index, John Radziwill was elected as Chairman of the Board of Directors. This is revealed by an SEC filing. John Radziwill was elected as…
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The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. On February 24, we woke up to news of Russia’s full-scale invasion of Ukraine. Peace talks had failed, and Russian forces were entering the southern Ukrainian city of Kherson and continuing to shell Kyiv and Kharkiv. It’s a…
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US brokerage industry regulator FINRA has announced that it has fined Deutsche Bank Securities, Inc. $2 million for failing to comply with its obligation to seek best execution for its customers’ orders. “The duty to seek best execution for customer orders is a fundamental obligation of any broker-dealer that buys or sells securities on behalf…
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Broker tech integration solutions provider Gold-i has announced that Joy Li is being promoted to Head of APAC at the company. Joy’s new role is a newly created one, which involves responsibility for all Gold-i activity in the region including business development, sales, operations and support. She will also have overall responsibility for managing the…
Online trading major IG Group Holdings plc (LON:IGG) has received notification that transactions was carried out in respect of the company’s ordinary shares of 0.005p each (“Ordinary Shares”) by a Person Discharging Managerial Responsibilities (“PDMR”). Charles Rozes, Chief Financial Officer of the Group, bought 5,000 shares in IG at a price of £7.25 per share….
London based alternative equity exchange operator Aquis Exchange PLC (LON:AQX) has announced that it plans to add Czech and Hungarian blue-chip stocks to trading on its pan-European MTFs business, Aquis Exchange. During the second quarter of 2022, some 300 additional stocks will be made available for trading on the Aquis Exchange UK and Aquis Exchange…
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