Cloud-based international payment and currency risk management firm Cornerstone FS plc (LON:CSFS) has announced that it has expanded into the Middle East with the opening of an office in Dubai. The new office will be led by Robert O’Brien who has joined Cornerstone, as General Manager APAC and Middle East. Robert O’Brien was previously at…
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The Australian Securities and Investments Commission (ASIC) today announced the cancellation of the Australian financial services (AFS) licence of Pure Strategy Pty Ltd. The cancellation is effective 16 September 2021. The regulatory decision stems from Pure Strategy’s failure to comply with its general obligations. ASIC found that Pure Strategy failed to have adequate resources to…
Japanese Forex and CFD broker Rakuten Securities is expanding its range of trading instruments via the addition of CFDs on WTI crude oil. The new instruments will be available to trade from October 4, 2021. The company notes that there will be an evaluation testing period for these CFDs from September 27, 2021 to October…
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MetaQuotes, the developer of popular online trading platforms MetaTrader 4 and MetaTrader 5, has announced the release of a new MT5 beta build. The new MetaTrader 5 platform beta build 3060 comes with improvements to MQL5 services and design updates. Market, Signals and VPS sections have been moved from the main platform workspace to the…
Tradeweb Markets Inc (NASDAQ:TW) today announced the completion of its first Southbound Bond Connect transactions via the trading link between Tradeweb and China Foreign Exchange Trade System (CFETS). “Southbound Bond Connect is the latest evolutionary step for China’s financial market, providing domestic investors with more flexibility and choice when trading offshore bonds,” said Lee Olesky,…
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Italy’s Companies and Exchange Commission (CONSOB) announces that it has ordered the blackout of five new websites that abusively offer financial services. The Authority availed itself of the powers deriving from the “Growth Decree” (Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet…
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Digital infrastructure compant Equinix, Inc announces that it has entered into a retention and separation agreement with Sara Baack, Chief Product Officer of the company. Pursuant to the terms of the Agreement, Ms Baack will transition from her role of Chief Product Officer after September 24, 2021 and will serve in an advisory capacity to…
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Richard Usher, a Forex trader known for his participation in the “Cartel” chatroom, continues his legal battle to secure access to documents that led to his acquittal in a criminal case back in 2018. On September 24, 2021, Usher filed a response to a motion by the Department of Justice (DOJ), which, in its turn,…
Read More “Forex “Cartel” trader urges Court to stop DOJ’s shell game with evidence” »
Why did eToro delay its planned going-public SPAC merger deal with Fintech Acquisition? What is new in Finalto’s NDF offering for Retail FX brokers? Why did NAGA.com shares rise sharply? Who is supplying the platform for MultiBank’s newly launched social and copy trading service? Which leading Italian sports figure is TMGM’s new Brand Ambassador? Answers…
Read More “FX week in review: eToro postpones IPO, Finalto adds NDFs, NAGA.com shares soar” »
Electronic trading major Interactive Brokers continues to update its Trader Workstation (TWS) platform. The latest beta version of the platform offers an improved Events Calendar that makes it easy to stay on top of current and upcoming events for companies around the globe. Traders can use filters to view only companies in their portfolio and…
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