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The insolvency administrator of Wirecard today confirms that he has achieved further success in completing additional divestitures as part of the insolvency proceedings regarding the assets of Wirecard AG and Wirecard Sales International Holding GmbH. Specifically, this week the shares of two of four subsidiaries in the Asian-Pacific region were sold and transferred to Finch…

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First Abu Dhabi Bank PJSC (FAB) and State Street Corporation (NYSE:STT) today announced a new strategic alliance that leverages FAB’s regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Street’s global strength and capabilities. The alliance will create a full-service enterprise offering for institutional…

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TradeStation Securities, Inc, a part of Monex Group, now offers its futures clients the ability to trade Micro WTI Crude Oil futures contracts through CME Group. CME Group has announced that Micro WTI Crude Oil futures will give traders of all sizes a smaller, more precise instrument for managing crude oil price exposure, and that…

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TradingView added a currency conversion feature: a new setting that enhances the analysis of the price chart for various assets. Now, traders can quickly assess the exchange rate difference of the currencies of interest or see the share price in a more familiar currency. To change the currency on the chart, you just need to…

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Algorithmic trading platform QuantConnect today announced the launch of QuantConnect Datasets, a platform where a quant can harness a data feed with a single line of code and begin live-trading in minutes. A true end-to-end integration, QuantConnect Datasets allows vendor datasets to be spun up and applied from research to live trading in minutes. The…

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CME Group has published disciplinary notices against a number of traders who have engaged in disruptive practices and will have to pay fines and endure suspensions. The notices target: Fengqiang Wang, Yangfen Li, Wangquan Zhao, Qingquan Li, Qi Zhang, Liuyi Yang, and Li Li. In particular, the traders violated CME Rule 575, which states: DISRUPTIVE…

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Equals Group plc (LON:EQLS), a technology-led international payments group focused on the SME marketplace, announces that it was today notified that Richard Cooper, Chief Financial Officer, bought 61,000 ordinary shares of £0.01 each in the company on 9 July 2021 at a price of 46.9 pence per share. Subsequent to this purchase, Richard Cooper now…

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FNG Interview… Many of you reading this will have gained experience working many positions before finding your current role. You may recall those lists of names and numbers that can be the dread of sales and retention shifts. Of course, some people are better suited to the task than others, but everyone knows it’s a pretty…

Read More “New PandaTS Next Call AI Module Increases Re-Deposits by 27%” »

The criminal proceedings against former JPMorgan traders accused of spoofing continue at the Illinois Northern District Court. As the trial of the defendants – Gregg Smith, Michael Nowak, Jeffrey Ruffo, and Christopher Jordan, approaches, more information about the proceedings has become available. The Department of Justice (DOJ) has provided the Court with a witness list,…

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Leading FX and CFDs brokerage group Plus500 (LON:PLUS) issued a half year trading update, indicating that its business slowed significantly in Q2-2021 in terms of both revenues and new client acquisitions in that the company called a “stable market environment”. Plus500 reported that Group revenue in H1 2021 was $346.2m, (H1 2020: $564.2m, H1 2019:…

Read More “Plus500 Q2 revenues down 30% QoQ to $143M, launches share dealing platform” »