SIX is acquiring ULTUMUS LTD, a London-based index and ETF data specialist. The acquisition aims to enhance SIX’s data offering and to support its overall strategy to bring new data to its clients in a fast growing market, making trading in ETFs more transparent and efficient for customers. The transaction closed yesterday, 12 July 2021….
FNG Exclusive… FNG has learned that Pepperstone’s Head of Middle East for the past three years, Tarik Chebib, has left the company and joined co-owned Capital.com and Currency.com. Based in the UAE, Mr. Chebib will be Group Chief Revenue Officer for both Capital.com and Currency.com. Tarik Chebib joined Pepperstone in mid 2018 from IG, where…
Read More “Exclusive: Pepperstone ME head Tarik Chebib joins Capital.com” »
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, today announces its partnership with Acadia, the leading industry provider of integrated risk management and margin automation services for the derivatives community – enabling increased efficiencies for the processing and calculation of interest statements for TLM Collateral Management customers and their associated counterparties. SmartStream’s TLM…
Read More “SmartStream partners with Acadia on automating collateral interest payments” »
UK online broker CMC Markets Plc (LON:CMCX) today announces that it has issued 700,000 new ordinary shares of 25p each to satisfy vesting of awards under the Group’s Management Equity Plan 2015. Application has been made for the 700,000 new ordinary shares to be admitted to the Official List of the UK Listing Authority and…
Read More “CMC Markets issues 700,000 new shares under Management Equity Plan” »
The United States Securities and Exchange Commission (SEC) has taken action against a fraudulent binary options scheme which has resulted in losses of more than $50 million. The regulator has filed a complaint against Jonathan (Yoni) Mimun (also known as Jonathan (“Yoni”) Maymon) and Ronn BenHarav, the individuals behind Porter Finance and Dalton Finance (the…
Read More “SEC goes after $50M binary options scam Porter Brokers” »
Nomura Singapore Limited today announced that it has appointed Gan Chee Yen as a Non-Executive Director. From 2011 to 2019, Mr. Gan was Chief Executive Officer of Fullerton Financial Holdings, which invests in and operates financial institutions in emerging markets. Fullerton Financial is a unit of Singapore’s global investment company, Temasek, where he worked in…
Read More “Nomura Singapore appoints Gan Chee Yen to its Board” »
Singapore based robo advisor solution provider Bambu has announced the acquisition of Tradesocio, a WealthTech company with 65 employees, specialising in investment management and trading technologies with offices in Singapore, India, and Dubai. The partes said that this acquisition significantly strengthens the combined business’ competitiveness globally. Bambu will have a presence in all major financial…
Read More “Bambu acquires UAE/Singapore trading platform provider Tradesocio” »
EU licensed Retail FX and CFDs brokerage group BDSwiss has announced the inking of a new partnership with PayPugs, a premier provider of innovative, reliable, secure, and international payment services. The company said that as demand for BDSwiss’ online trading products and services continues to grow, so does the need for providing solid options for…
Read More “BDSwiss upgrades client payment options with PayPugs partnership” »
The United States Department of Justice (DOJ) which is accusing a number of former JPMorgan precious metals traders of spoofing the market, is asking the Court to admit evidence of defendants’ compensation at trial. In a document, filed at the Illinois Northern District Court, the DOJ requests that the Court admits evidence about the compensation—consisting…
Read More “DOJ reveals salaries and bonuses of JPMorgan traders accused of spoofing” »
Approximately nine months after the Securities and Exchange Commission (SEC) imposed a fine of $6.1 million on Unikrn, Inc for an unregistered initial coin offering (ICO), the regulator has not come up with a plan for the distribution of the money. On June 17, 2021, the Division of Enforcement was granted with additional time to…
Read More “SEC still mulls over distribution of $6.1M fine imposed on Unikrn” »
