Bermuda domiciled electronic trading venue 24 Exchange has announced that it has been granted a “Class T” Digital Asset Business license by the Bermuda Monetary Authority (BMA), to offer cryptocurrency trading on its institutional-grade platform. The license was granted in accordance with the Bermuda Digital Asset Business Act 2018. With the BMA license in place, 24…
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About a fortnight after O’Shea Jackson, known as Ice Cube, filed an amended complaint against Robinhood, the online trading app has responded to the allegations, asking that the Court dismisses the complaint. According to documents filed by Robinhood on July 20, 2021 at the California Northern District Court, Robinhood Markets, Inc. and Robinhood Financial LLC…
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The United States Commodity Futures Trading Commission (CFTC) has marked progress in its action against the individuals behind fraudulent cryptocurrency scheme Global Trading Club (GTC). This becomes clear from documents recently filed with the Texas Southern District Court. Let’s recall that, in September 2020, the CFTC filed a complaint against four individuals for fraudulently soliciting…
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Swissquote will become the official sponsor of the Zürcher Schlittschuh Club Lions. This professional ice hockey team plays in the National League (NL) and is located in Zürich. From the 2021/22 season onwards, Swissquote will support the ZSC Lions. In order to further strengthen brand awareness in the Zurich area, the Swiss online trading platform…
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Following the successful formation of SIX SIS USA Inc. and with the opening of its US office, SIX takes a major step forward in its international growth strategy. As a trusted Financial Market Infrastructure operating the Central Securities Depository (CSD) in Switzerland and Spain and distinguished provider of integrated international custody services worldwide, SIX has…
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UAE based FX and CFDs broker CFI Financial Group has announced that it has promoted Chief Operating Officer Mohamad Daher to the position of Chief Executive Officer (CEO) of Credit Financier Invest Limited, the global group’s London based FCA licensed entity. Mohamad Daher started his career at CFI Lebanon as a Sales Trader before quickly…
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Following the intention to float announcement released earlier this month, Bridgepoint today announces the successful pricing of its initial public offering (IPO) at 350 pence per Share. Based on the Offer Price, Bridgepoint’s total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately £2,881…
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Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has posted its financial performance metrics for the second quarter of 2021. Net revenues for the second quarter of 2021 were $754 million, up from net revenues of $539 million in the equivalent period a year earlier. The result, however, lagged behind the one registered in the…
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Trading Technologies International, Inc. (TT) and the Warsaw Stock Exchange (WSE), the national exchange of Poland, today announced that TT’s global user base can now access derivatives products listed on WSE through the TT platform. The addition of WSE to Trading Technologies’ range of connected markets further strengthens the TT offering with seamless access to…
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Acting Attorney General Andrew J. Bruck today announced that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to stop BlockFi, Inc from selling unregistered securities in the form of interest-earning cryptocurrency accounts that have raised at least $14.7 billion worldwide. BlockFi, Inc, through its affiliates BlockFi Lending, LLC and…
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