Category: forex news

FINRA’s Department of Enforcement has filed a complaint against Worden Capital Management LLC (WCM). The complaint alleges that, between January 2019 and March 2020, WCM, acting through its chief executive officer, JW, and its registered representatives, raised over $10 million from 121 investors in 22 private placement offerings without disclosing a material conflict of interest—that…

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Several traders have challenged a ruling in favor of Robinhood in a multi-district litigation concerning the January 2021 short squeeze. This becomes clear from a document filed with the Florida Southern District Court on Monday, February 28, 2022. The notice, seen by FX News Group, states that plaintiffs Andrea Juncadella, Edward Goodan, William Makeham, Mark…

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Cloud-based provider of international payment, currency risk management and electronic account services Cornerstone FS plc (LON:CSFS) announces that it has appointed Robert O’Brien, General Manager APAC and Middle East, to the newly created position of Interim Chief Operating Officer of Cornerstone’s principal operating subsidiary, FXPress Payment Services Limited. Mr O’Brien will also continue to perform…

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FD Technologies plc (LON:FDP) announces that it has entered into a strategic partnership agreement with Microsoft to expand the reach of its KX Insights streaming data analytics platform as more organisations look to modernise their data infrastructure for real-time decision making. KX Insights will be embedded natively on the Microsoft Azure platform as a first…

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New Zealand’s Financial Markets Authority (FMA) has censured CTRL Investments Limited for contravening the conditions of its derivatives issuer (DI) licence. Through its ongoing monitoring of the DI sector, the FMA found that CTRL had materially contravened two standard conditions of its licence by failing to comply with requirements for certain outsourcing arrangements and allowing…

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The United States National Futures Association (NFA) today issued an order directing Plus EV Capital LLC (EV Capital), a former NFA Member commodity trading advisor located in Newport Beach, Calif., never to reapply for membership or act as a principal of an NFA Member. NFA also ordered Rohit Chopra, EV Capital’s sole owner, principal and…

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Estonia based Retail FX and CFDs brokerage firm Admirals Group AS, which operates the Admirals brand via subsidiary Admiral Markets AS, has released its full year 2021 results indicating a significant decline in revenues and profits. The second half of 2021, however, was a slight improvement over 1H-2021 which saw Admirals post a large revenue…

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Estonia based Retail FX and CFD brokerage group Admirals has announced that it has become a strategic partner and main sponsor of local soccer club and national champion FCI Levadia Tallinn. Sergei Hohlov-Simson, Managing Director at FCI Levadia Tallinn said: “We are pleased to announce that one of the most successful global trading platforms, Admirals,…

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Global electronic broker Interactive Brokers (NASDAQ:IBKR) today announced the launch of Traders’ Insight Radio, a new podcast series featuring interviews with executives, thought leaders and market experts from across the financial services industry discussing topical themes impacting global markets and trading. Listeners familiar with Traders’ Insight, Interactive Brokers’ online resource for market commentary, will recognize…

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