Category: forex news

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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The United States Commodity Futures Trading Commission (CFTC) has marked progress in its action against Forex fraudster Casper Mikkelsen. This is indicated by an order issued by the New York Southern District Court on November 29, 2021. The order, seen by FX News Group, shows that Judge John P. Cronan is finally satisfied that the…

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Online broker eToro remains true to its ongoing commitment to offer its clients a broad variety of cryptoassets. Today eToro announced the addition of CELO to its crypto lineup. CELO is a token aimed at making it easier to settle payments in cryptocurrency anywhere in the world between mobile devices. Instead of physical banks, this…

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A new study by the Autorité des Marchés Financiers (AMF) confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. Usually dominated by traditional banks and online brokers, stock market investments by retail investors are increasingly being made via neo-brokers. This study covers 218 million transactions executed between the third quarter…

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FNG Exclusive… FNG has learned via regulatory filings that London based Retail FX and CFDs broker Fortrade has reported record annual Revenues of £26.7 million in 2020, reversing a 2019 Revenue decline as market conditions turned vert favorable to online brokers at the outset of the COVID-19 pandemic. Fortrade had reported a 12% decline in Revenue…

Read More “Exclusive: Fortrade sees 72% Revenue increase in 2020 to £26.7M” »

A lawsuit brought by ex-Citi Forex trader Rohan Ramchandani against his former employer continues at the New York Southern District Court, but some deadlines have been set so at least the document discovery appears to be close to completion. According to an order issued on November 27, 2021 by Magistrate Judge Stewart D. Aaron, the…

Read More “Court gives Citi, former head of FX trading desk two months to complete discovery” »

Santander UK announced today, subject to regulatory approval, the appointment of Mike Regnier as Chief Executive Officer of Santander UK Group Holdings plc and Santander UK plc. Mr Regnier joins from Yorkshire Building Society, where he has been CEO since 2017 and prior to that Chief Commercial and Chief Customer Officer. He has over 25…

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Just2Trade, a European FX/CFDs broker regulated by the Cyprus Securities and Exchange Commission (CySEC), has announced that it has integrated with Your Bourse, a leading technology company for FX and CFD brokers, and selected Your Bourse as its main liquidity distribution channel. Just2Trade said that it has selected Your Bourse due to its bespoke offer…

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BME, through Iberclear, its central securities depository, is finalising the launch of a new digital proxy voting service for shareholders’ meetings. The service is powered by Proxymity’s digital investor communications platform and is a sustainable solution that connects Participant Entities and Issuers in a centralised way to speed up and promote the efficiency of the…

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A recent SEC filing by Nasdaq Inc (NASDAQ:NDAQ) reveals that the company and Adena T. Friedman, the President and Chief Executive Officer of Nasdaq, entered into a new employment agreement, effective as of January 1, 2022 (the “Agreement”), relating to the continuation of her role as President and Chief Executive Officer of Nasdaq. The term…

Read More “Target bonus of Nasdaq CEO Adena Friedman set at $3M” »