The United States Securities and Exchange Commission (SEC) has made further progress in its action against Karina Chairez, a high-level promoter of the AirBit Club investment scheme. On July 21, 2021, the regulator filed a proposed final judgment against Chairez. The document, seen by FX News Group, proposes that the Court enter a default judgment…
Read More “SEC pushes for final judgment against AirBit Club promoter” »
IG Group Holdings plc (LON:IGG), a global leader in online trading, today announces Bridget Messer, Executive Director and the Group’s Chief Commercial Officer, has informed the Board of her intention to step down from her role for family reasons. Bridget Messer will continue in her role to support an orderly transition over the coming months…
Read More “Bridget Messer to step down as IG Group exec director” »
Shortly after electronic trading major IG Group Holdings plc (LON:IGG) announced the completion of its acquisition of tastytrade, the company has updated on its US business plans. The tastytrade acquisition is a strategic transaction that expands and diversifies the Group’s growth drivers through entry into the world’s largest listed derivatives market, IG Group’s CEO June…
Read More “IG Group to push for continued US business growth via tastytrade” »
Electronic trading major IG Group Holdings plc (LON:IGG) has just reported a set of solid results for the financial year ended 31 May 2021. Net trading revenue for FY21 was up 31% year-on-year to £853.4 million (FY20: £649.2 million). Excluding one-time hedging costs associated with the financing of the tastytrade acquisition, adjusted net trading revenue…
Read More “IG Group reports steep rise in revenues, active client numbers in FY21” »
Nasdaq, Inc. (NASDAQ:NDAQ) today reported financial results for the second quarter of 2021. Second quarter 2021 net revenues were $846 million, an increase of $147 million, or 21%, from $699 million in the prior year period. Net revenues reflected a $104 million, or 15%, positive impact from organic growth, a $27 million increase from the…
Read More “Nasdaq registers 21% Y/Y increase in revenues in Q2 2021” »
MarketAxess Holdings Inc (NASDAQ:MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced results for the quarter ended June 30, 2021. Total revenues for the second quarter of 2021 decreased 4.6% to $176.3 million, compared to $184.8…
Read More “MarketAxess reports slight decrease in revenues in Q2 2021” »
The UK Financial Conduct Authority (FCA) today published financial promotions data for the second quarter of 2021. The data show the number of financial promotions that have been amended or withdrawn due to non-compliance with FCA’s rules for the second quarter of 2021. The FCA undertakes many reviews of firms’ financial promotions, which are identified…
Read More “FCA orders 84 promotions to be amended or withdrawn in Q2 2021” »
Following the successful completion of the Readiness Test on 3 July 2021 with satisfactory results obtained, Hong Kong Exchanges and Clearing Limited (HKEX) today announces the additional two Matching Engines (ME) will be put into production from Monday, 2 August 2021. Upon the production of the two new MEs, HKEX will allocate some of the…
Following the announcement of Offer Price published earlier today in connection with its initial public offering (IPO), Bridgepoint confirms that the Prospectus has been approved by the UK Financial Conduct Authority (FCA) and has been published by the company today. Admission of the company’s entire issued ordinary share capital to the premium listing segment of…
About a fortnight after O’Shea Jackson, known as Ice Cube, filed an amended complaint against Robinhood, the online trading app has responded to the allegations, asking that the Court dismisses the complaint. According to documents filed by Robinhood on July 20, 2021 at the California Northern District Court, Robinhood Markets, Inc. and Robinhood Financial LLC…
Read More “Robinhood seeks to dismiss Ice Cube’s amended complaint” »
