Category: forex news

The adversary proceedings against AFX Capital Markets Ltd, AFX Capital U.S. Corp., and STO Super Trading Online have been marred by delays, with the lawsuit to be protracted even further, as indicated by the latest documents filed with the New York Eastern Bankruptcy Court. The adjourned Pre-Trial Conferences in the adversary proceedings, scheduled for December…

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Online trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key performance metrics for November 2021. The broker reported 2.793 million Daily Average Revenue Trades (DARTs) for November 2021. The result is 22% higher than in November 2020 and 21% higher than the 2.305 million Daily Average Revenue Trades registered in October 2021….

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Online gaming and financial services company Playtech plc (LON:PTEC) has announced that its shareholders have voted overwhelmingly in favour of the company’s agreed-upon $250 million sale of its Financials division, Finalto, to Hong Kong based Gopher Investments. Playtech’s financial services division comprises the Finalto-branded institutional services business, and Retail FX/CFDs broker Markets.com. With the acquisition,…

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Social trading focused brokerage startup Public.com has revealed its second partnership agreement with a noted female brand ambassador in the past month, announcing the launch of InPower – a new interactive, educational program from Public.com and supermodel Iskra Lawrence. The new initiative, following on last month’s partnership with WNBA All-Star Skylar Diggins-Smith, aims to increase…

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Broadway, a leading provider of high-performance front-office solutions, today announced the appointments of Eitan Reich as Chief Technology Officer, of Misha Weinberg as VP of Engineering; and of Dario Gatta as Chief Information Officer. The promotions follow a series of executive hires, the recent expansion of Broadway’s global business development team and a corporate rebrand…

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Electronic trading major Interactive Brokers Group (NASDAQ:IBKR) today introduced GlobalAnalyst, a new tool that lets investors compare the relative valuations and financial metrics of stocks globally. GlobalAnalyst is designed for investors interested in international portfolio diversification to discover undervalued companies that may have greater growth potential. Recognizing that it can be challenging for investors to…

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Today, Nasdaq (NASDAQ:NDAQ) and Amazon Web Services, Inc (AWS), an Amazon.com Inc (NASDAQ:AMZN) company, announced a multi-year partnership to build the next generation of cloud-enabled infrastructure for the world’s capital markets. Beginning in 2022, Nasdaq plans to migrate its North American markets to AWS in a phased approach, starting with Nasdaq MRX, a U.S. options…

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The United States Department of Justice (DOJ) today filed a motion to intervene in a civil lawsuit brought by the Securities and Exchange Commission (SEC) against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company. According to the documents submitted today at the New York…

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Provider of financial markets data and infrastructure Refinitiv today announces that USD IBOR Institutional Cash Fallbacks are now production benchmarks. Also, Refinitiv will launch USD IBOR Consumer Cash Fallbacks 1-week and 2-month settings on January 3, 2022 – pending Refinitiv Benchmark Services (UK) Limited (“RBSL”) board approval. This follows the Alternative Reference Rates Committee’s (ARRC)…

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The plaintiffs in a short squeeze lawsuit targeting companies such as Robinhood and Citadel need more time to draft an amended antitrust complaint. This becomes clear from documents filed in the Florida Southern District Court on November 29, 2021. Let’s recall that earlier in November the Court nixed the conspiracy claims against E*Trade Securities LLC;…

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