London based alternative equity exchange operator Aquis Exchange PLC (LON:AQX) has announced that it plans to add Czech and Hungarian blue-chip stocks to trading on its pan-European MTFs business, Aquis Exchange. During the second quarter of 2022, some 300 additional stocks will be made available for trading on the Aquis Exchange UK and Aquis Exchange…
Read More “Aquis Exchange adds Czech and Hungarian stocks” »
FNG Exclusive… FNG has learned that Graeme Watkins, CEO of London based Retail FX and CFDs broker Valutrades, has joined the board of a Singapore based investment fund called AMB Megatrends. AMB Megatrend is an FX and commodities investment fund founded and managed by Indonesia based serial FX entrepreneur Anil M. Bahirwani, who founded and…
Read More “Exclusive: Valutrades CEO Graeme Watkins joins board of Singapore fund AMB Megatrend” »
Payment services provider PayPugs, which has a number of Retail FX and CFD broker clients, has announced that it has partnered with fraud and transaction monitoring company Huntli to enhance PayPugs’ AML screening process and fraud detection system. The collaboration improves customer fund security and helps to meet regulatory requirements. The partnership solves the problem of obtaining…
Read More “PayPugs partners with Huntli for AML screening and fraud detection” »
Cryptocurrency exchange FTX Trading Limited (FTX) today announced the establishment of FTX Europe, marking the next phase of the company’s global expansion, by extending its presence into Europe and the Middle East. The company has secured the approval from the Cyprus financial market regulator CySEC through its ftx.com/eu domain. FTX Europe will now start offering…
Read More “FTX launches FTX Europe after securing approval in Cyprus” »
Affiliate marketing compliance monitoring specialist Rightlander has announced that it is expanding out of the iGaming sector, to enhance online brokers’ capabilities. Rightlander – which is fairly well-known in the iGaming space with clients like Bet365 and AWIN – said that it will offer its marketing compliance solution to online brokers across regulated markets including…
Read More “Rightlander launches marketing compliance solution for EU/UK/AUS online brokers” »
The Commodity Futures Trading Commission (CFTC) has confirmed that it is unable to ascertain the current address or whereabouts of Jase Davis, an individual behind fraudulent Forex scheme ROFX. Although the regulator has marked some progress in its action against the fraudulent scheme, it is apparently having trouble locating Davis. According to a document filed…
Read More “CFTC unable to locate key defendant in ROFX case” »
Robinhood has responded to a renewed complaint over its payment for order flow arrangements with several market makers, including Citadel Securities, which allegedly worsened execution quality and harmed Robinhood’s customers. Documents submitted by Robinhood at the Florida Southern District Court reveal the company’s push to dismiss the case. Let’s recall that the lawsuit was brought…
Read More “Robinhood responds to complaint about poor execution quality” »
FNG has learned that former Citi and Deutsche Bank executive Sabrina Wilson has joined institutional crypto company Copper.co, as COO and official “#2” to Copper.co founder and CEO Dmitry Tokarev. Sabrina Wilson has spent her career mainly at Top Tier financial institutions, serving most recently (2017-2021) as Managing Director – Global co-Head of Futures, OTC…
Read More “Citi and DB alum Sabrina Wilson joins institutional crypto firm Copper.co as COO” »
Ocean Markets is a broker that claims to have a 13-year history on the European markets while actually having no legal documentation to show for it. It also states that it has partnered with HSBC (a British bank, the second largest bank in Europe) which is a blatant lie as Ocean Markets is an offshore…
Read More “Ocean Markets Review 2022 – 5 things you should know about oceanmarkets” »
Keep Silence to FX Scams? NO! These Scams Need to Know The Point-Spread Scam in the PastThe bid-ask spreads were manipulated by computers in an old point-spread forex fraud. The point gap between the bid and ask represents the commission paid by a broker in a back-and-forth transaction. The spreads between currency pairings are usually…
Read More “Keep Silence to FX Scams? NO! These Scams Need to Know” »
