FNG Exclusive… FNG has learned that Natallia Hunik, Global Head of Sales and Chief Revenue Officer of FX direct market access provider Advanced Markets, has resigned from the company. We understand that she is leaving for another opportunity, outside of the FX/online trading sector. Natallia Hunik, one of the better known personalities in the FX…
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Olivier Vigneron has been designated as Deutsche Bank’s Group Chief Risk Officer, effective June 1, 2022. Subject to regulatory approvals, he will succeed Stuart Lewis, who in March announced his decision to retire after the Annual General Meeting 2022 after 25 years’ service. Olivier Vigneron will join Deutsche Bank as a Senior Group Director on…
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CME Group has published a notice of disciplinary action as to GFI Securities LLC. The company agrees to pay a fine as a part of a settlement related to violations of several rules of the Exchange. Pursuant to an offer of settlement that GFI Securities LLC, in which GFI neither admitted nor denied the rule…
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State Street Corporation (NYSE:STT) announced today that it expanded its academic partnerships with the addition of two esteemed professors from top Boston-based business schools. State Street Associates(SSA), the academic and data science research arm of State Street, will partner with Antoinette Schoar, a finance professor at MIT, who joins in an effort to see clients…
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Maltese financial regulator The Malta Financial Services Authority (MFSA) has issued a warning that it has become aware of an entity operating under the name of FxCityIndex which has an internet presence at fxcityindex.com. Although this entity purports to operate from an address in Malta, the MFSA believes that this is not the case. On…
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MarketAxess Holdings Inc (NASDAQ:MKTX), operator of a leading electronic trading platform for fixed-income securities, and provider of market data and post-trade services for the global fixed-income markets, announced that it has added Egypt (EGP), Hong Kong (HKD) and Serbia (RSD) to its EM local markets offering. Local currency trading, which now also includes onshore Chinese…
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FNG Exclusive… FNG has learned that longtime Dukascopy executive Sofian Berrahal has left the company, moving to digital infrastructure payments provider Nexpay. Sofian Berrahal had been with Dukascopy for the past nine years in the FX broker’s Riga, Latvia office – Dukascopy is nominally based and licensed in Switzerland, but most of its employees are…
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The UK Financial Services Compensation Scheme (FSCS) today provided a brief update on the London Capital & Finance (LCF) matter. FSCS says it is continuing to prepare for compensation payments to begin under the UK government scheme. The body still expects to start by the end of November, and it will have made all payments…
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eFX pricing solutions co DIGITEC, which recently opened a London office headed by new hire Stephan von Massenbach, has announced that four new employees have joined its London office, reporting to Mr. von Massenbach, who also serves as DIGITEC’s Chief Revenue Officer. A key component of the firm’s global growth strategy, the London office brings…
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It has been almost a year since Matthew T. Shafer, who worked as a financial advisor at Morgan Stanley for nine years from 2009–2018, has taken the company to Court. Now, the parties in the lawsuit are arguing whether they should resort to arbitration in order to resolve the dispute. According to documents file with…
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