The United States Securities and Exchange Commission (SEC) has taken further steps in its action against Hollywood actor and producer Steven Seagal. Let’s recall that the regulator launched a lawsuit against Seagal in June 2021, alleging that he has failed to pay the full penalty imposed on him for unlawful initial coin offering (ICO) touting….
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The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. We’re well into the back half of the year and oil prices remain below $100 per barrel. This seems like such an achievement, given that oil prices unprecedentedly hit negative territory in April last year. With demand hitting…
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i2c, a global provider of payments processing technology and digital banking solutions, today announced they are working with Visa, the world’s leader in digital payments, to launch point of sale installments capabilities for their participating issuers in North America. Through this new collaboration, issuers and participating merchants can have an accelerated path to Buy Now…
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Online trading company Plus500 Ltd (LON:PLUS) today posted its results for the six month period ended 30 June 2021. Although earnings marked a drop compared to the year-ago period, the broker notes that its financial performance in H1 2021 compares very strongly to the performance in the pre-pandemic environment of H1 2019. During the first…
Read More “Plus500 registers 39% Y/Y drop in revenue in H1 2021” »
SIX Swiss Exchange today announced its partnership with Venturelab. The aim is to equip Swiss entrepreneurs to make optimal decisions with regard to financing (private and public capital markets) and the ownership of their SMEs. This partnership will focus on ensuring that the right information is readily available to SMEs at the right time, connecting…
Japanese FX, CFD and stock brokerage Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc (TYO:4755), continues to expand the list of trading instruments available to its clients. In a notice on its website, the broker says it will add nearly 200 stocks of US-listed companies to its offering. The new instruments are set…
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Saxo Bank has announced that Camilla Dahl Hansen has been promoted to the position as Chief Saxo Experience Officer and member of the Bank’s Executive Team. She will report directly to Kim Fournais, CEO & Founder. Ms Hansen joined Saxo Bank in April 2021 as Chief Operating Officer in the Saxo Experience Office and brings…
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REGIS-TR, a joint venture of Clearstream (Deutsche Börse Group) and Iberclear (BME, a SIX company), has announced its collaboration with Reg-X, a provider of reporting and compliance solutions in the regulatory space. Adding Reg-X to REGIS-TR’s partnership program will further support market participants in easing the burden of their reporting obligations across major European regulations….
The Department of Justice and the Commodity Futures Trading Commission (CFTC) are pushing for the dismissal of cases brought by Richard Usher, a former Forex trader known for his participation in the “Cartel” chatroom. On Monday, August 16, 2021, the DOJ and the CFTC filed status reports with the Columbia District Court. The documents, seen…
Read More “DOJ, CFTC insist lawsuits brought by Forex Cartel trader are moot” »
Specialized payments platform Paysafe (NYSE:PSFE) today announced that it has signed a definitive agreement to acquire SafetyPay for $441 million in an all-cash transaction. SafetyPay is a leading payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. For Paysafe, this latest deal strengthens…
