Online trading company Robinhood Financial LLC has responded to a complaint about allegedly spam text messages that formed part of a referral program. Robinhood intends to file a motion to dismiss, as per documents filed by the company in the California Northern District Court earlier this week. The problematic message. Name of sender removed for…
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Vestmark, a leading provider of portfolio management tools and trading software, today announced that it has named company veteran Michael Blundin as Chief Executive Officer in a planned transition. John Lunny, a founding executive of the company who has served as CEO since 2008, will step into the role of Vice Chairman of Vestmark’s Board…
Electronic trading major IG has recently made changes to the IG Smart Portfolios. The broker explains that investment returns across the five IG Smart Portfolios have been healthy so far this year as global stock markets have reacted favourably to the welcome progress made on vaccinating large proportions of the population across key developed markets….
Texas Securities Commissioner Travis J. Iles today entered an emergency cease and desist order to stop Graco Commercial Capital, LLC, and Raymond V. Grant from illegally offering investments in a bank leveraged forex trading program. Grant and Graco Commercial, operating from Greeley, Colorado, are accused of telling potential investors their funds will be deposited and…
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Online trading major Interactive Brokers continues to expand the capabilities of its PortfolioAnalyst, a solution that consolidates, tracks and analyzes one’s complete financial performance. Performance analysis on individual and consolidated model portfolios is now available. Traders can start using the new capabilities today: Activate model portfolios in PortfolioAnalyst; Create custom model reports; Enable model reports…
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The Department of Justice (DOJ) and Richard Usher, a Forex trader known for his participation in the “Cartel” chatroom, have clashed over access to evidence that led to Usher’s acquittal back in 2018. A letter filed by Usher and the DOJ with the New York Southern District Court on September 17, 2021, reveals that the…
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Online trading and investment specialist Saxo Bank today marks the 20th anniversary of its partnership with Portugal’s Banco Carregosa, a wealth management specialist offering namely advisory, asset management and online brokerage services, making this Saxo’s longest partnership in its institutional business. Saxo’s institutional business, Saxo Advanced Solutions (SAS), taps into Saxo’s open technology infrastructure to…
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Electronic trading major IG is partnering with CricViz as part of its Find the Insight Edge campaign. The partnership will see CricViz’s unique combination of data science, analysis and cricket expertise used to highlight the strategies and plans that are so important in achieving success at the highest level of the game. IG’s Find the…
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Italy’s Companies and Exchange Commission (CONSOB) today announces that the number of websites it has blocked due to financial abuse has exceeded 500. The latest orders for the blocking of illicit investment websites target: Dzikanta Limited (website https://euromts.uk); Felicity Group Ltd (website https://unionstock.cc); GS4trade Invest Limited (website https://gs4trade.com); “Capitrades” (website https://capitrades.com and related page https://secure.capitrades.com);…
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Australia based payments identity technology company iSignthis has announced that its wholly owned UK subsidiary ISXUK was approved as an Authorised Electronic Money Institution (AEMI) by the UK’s Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011. The company noted that the AEMI license provides ISX with full access and continuity to the key…
