Category: forex news

The United States Securities and Exchange Commission (SEC) today filed a complaint against Joshua Louis Rupp, charging him with securities fraud. The complaint, submitted at the Michigan Western District Court, alleges that, from January 2018 through July 2019, Rupp engaged in a fraudulent investment scheme that included misstatements, false documents and misappropriation of investor funds….

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FNG Exclusive… FNG has learned that UAE based Retail FX and CFDs broker ADSS (formerly known as ADS Securities) has lost two of its most senior executives. Paul Webb (pictured above), CEO of the company’s London based, FCA regulated operation ADSS UK (or more formally ADS Securities London Limited) since 2016 has departed his role…

Read More “Exclusive: ADSS sees departure of UK CEO Paul Webb, CFO Trevor Beagrie” »

Eurex and Capitalab have become the pioneers in Europe to execute compression in equity index derivatives. The successful production run was completed on July 20, 2021, Eurex said today. Eurex is the first European exchange to support compression services in its listed equity index business, addressing the industry-wide challenge of high cost of underlying capital…

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Sérgio Rial, CEO of Santander Brazil and regional head of South America for the Santander Group, will become chairman of Santander Brazil’s board of directors, beginning January 1, 2022. Following nearly seven years as CEO of the Brazilian subsidiary, Rial is to step down from his executive role and will be succeeded by Brazilian Mario…

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SBV Vitesse announces its new main partner, eToro. The deal with the social investment platform is initially for one season, with an option for another year and a clear intention to make it a long-term cooperation. eToro partners with a considerable number of clubs in the world of football, tapping into the communities behind the…

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Broadridge Financial Solutions, Inc (NYSE:BR) today announced it will work with Snowflake, the Data Cloud company, to enable clients to seamlessly consolidate and analyze trading and portfolio data in the cloud. Snowflake’s integrated data platform provides customers with data storage, processing and analytics solutions in the cloud. Enhancing Broadridge’s trading and portfolio management solution with…

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TriOptima, a leading infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, announced today that the Australian Securities Exchange (ASX) has gone live with the triReduce compression service. The service allows firms to reduce or eliminate their trades within the exchange’s clearing house, including those trades with mismatched cash…

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Less than a month after Robinhood agreed to pay $70 million to settle charges brought by the United States Financial Industry Regulatory Authority (FINRA), it appears that the Authority is not done investigating the company and its top management. In particular, FINRA is looking at the registration status (or, to say more precisely, the lack…

Read More “FINRA examines non-registration status of Robinhood CEO” »

Italy’s Companies and Exchange Commission (CONSOB) today posted an announcement regarding trading in turbo certificates and minifuture certificates. The statement makes it clear that Italy will not adopt the harsh approach adopted by the Netherlands regarding these trading instruments. Let’s note that, the AFM (the Dutch Authority for the Financial Markets) plans to implement specific…

Read More “Italy stops short of introducing national restrictions on turbo certificates” »

Retail FX and CFDs broker ROInvesting has announced that it is renewing its sponsorship of Italian soccer club AC Milan for a third consecutive year. The Rossoneri welcomed ROInvesting to its family of commercial partners in April 2020, and the two brands will now continue their journey together for the third consecutive football season. ROInvesting…

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