Global Investment Strategy UK Ltd (GIS) and its principal and founder John William Gunn have failed to secure dismissal of a lawsuit brought by the United States Securities and Exchange Commission (SEC). This becomes clear from an order signed by Judge Alvin K. Hellerstein of the New York Southern District Court on October 19, 2021….
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Electronic trading major Interactive Brokers Group (NASDAQ:IBKR) today announced it went live with J.P. Morgan (NYSE:JPM) on Request for Payment, a real-time payment-related messaging service that is provided through The Clearing House RTP network. Request for Payment gives investors the ability to make instant deposits 24/7 to fund brokerage accounts and begin trading immediately. Request…
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American Express (NYSE: AXP) and Goldman Sachs Transaction Banking (TxB) today announced a collaboration to provide large corporate clients with a cloud-based payments solution that will seamlessly support multiple payment options and offer data and analytics in one integrated platform. “A major pain point for our large commercial card clients is managing multiple platforms and…
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Multi-asset broker Tickmill has announced the addition of MetaTrader 5 to its range of trading platforms. “The move to launch MetaTrader 5 came as a result of an increasing shift of interest towards multi-asset trading and flexible platform solutions”, says Ingmar Mattus, co-founder of the Tickmill Group. Not only does the platform deliver a powerful…
To enhance services to its clients and further automate operations across business lines, SBI SECURITIES Co., Ltd has expanded its business relationship with Broadridge Financial Solutions, Inc. (NYSE:BR). SBI SECURITIES is migrating the post-trade operations of its Hong Kong and Singapore businesses to Broadridge’s cloud-based ASP service in Asia and is adding new services to…
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San Francisco and Dublin based Stripe, which builds payment infrastructure for the internet, has announced that it has entered into an agreement to acquire Recko, a leading provider of payments reconciliation software for internet businesses. Payments reconciliation is an accounting process that compares two or more sets of records—for example, a company’s internal sales log…
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Israel news website News 13 is reporting that a joint operation by law enforcement authorities in Israel and Germany has led to 15 arrests in Israel of suspects in a Binary Options trading fraud scheme. Four of those arrested will apparently be remanded in custody, with a request for those individuals to be extradited to…
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Cboe Global Markets, Inc, a leading provider of global market infrastructure and tradable products, announced it has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX). ErisX operates a U.S. based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for…
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National Australia Bank Limited (NAB) today announced the appointment of James Spenceley as a non-executive director of NAB, effective 1 December 2021. Mr Spenceley is the founder and former CEO of Vocus Communications, Australia’s fourth largest telecommunications company, which was recently purchased by Macquarie Infrastructure and Real Assets (MIRA). Mr Spenceley is currently Chair of…
Howard W. Lutnick, Chairman of the Board and Chief Executive Officer of BGC Partners, Inc. has informed the employees of the company via video that he was recently diagnosed with Non-Hodgkin’s Lymphoma. BGC explains that Mr Lutnick’s form of cancer is highly treatable and he and his physicians expect that he will be cancer-free in…
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