Tag: forex-news

Richard Usher, a former JPMorgan Forex trader known for his participation in the “Cartel” chatroom, will have to destroy the evidence used in the criminal proceedings against him. This becomes clear from an order signed by Judge Richard M. Berman of the New York Southern District Court on September 27, 2021. The order concerns the…

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The Joint Special Administrators of SVS Securities have provided an update to clients of the company. The Administrators currently anticipate that the administration process will be concluded in early 2022. Once the administration has been concluded and the Administrators have obtained their discharge of liability, the Administrators will no longer be able to process and…

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Online trading major Interactive Brokers has just released a new version of its TWS API. Version 10.10 of the solution comes with WSH Calendar support, market data in shares, and more attributes. The TWS API now offers: Support for Wall Street Horizon (WSH) meta and calendar events in API Clients. market data in shares support…

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The United States Securities and Exchange Commission (SEC) today filed a complaint against Suyun Gu and Yong Lee, accusing the duo of perpetrating a fraudulent options-trading scheme, involving “wash trades”. According to the SEC’s complaint, submitted today at the New Jersey District Court and seen by FX News Group, from February to April 2021, Gu…

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Global digital payments innovator Zip Co Limited (ASX:Z1P), formerly operating in the U.S. as Quadpay, announced the appointment of critically-acclaimed strategist and marketer Jinal Shah as its chief marketing officer, starting immediately, for the U.S. market. Jinal Shah

The United States Commodity Futures Trading Commission (CFTC) today filed and settled charges against Citibank, N.A. and Citigroup Global Markets Limited for failing to comply with certain swap dealer requirements for reporting Legal Entity Identifier (LEI) information to a swap data repository (SDR) and related supervision failures. The order also charges Citi for violating the…

Read More “CFTC imposes $1M fine on Citi for swap data reporting violations” »

A lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against former HSBC executive Christophe Rivoire, who is accused of market manipulation, has spread to Hong Kong. Christophe Rivoire is now seeking the assistance of the judicial authorities of Hong Kong in obtaining necessary witness testimony from non-party Stephan Tsang, who in 2012…

Read More “CFTC action against former HSBC exec reaches Hong Kong” »

Online brokerage Questrade today announces the launch of QuestMobile, an easy-to-use trading app designed for anyone who wants to invest in the stock market. The app makes it easy for investors to trade, research, and move their money through an intuitively designed interface. Clients can monitor how their portfolio is doing on-the-go, while keeping an…

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Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and COFCO Futures Co., Ltd, a prominent mainland China clearing broker, have entered into an agreement to provide connectivity to the Chinese derivatives markets through the TT platform. COFCO will support access to trade the internationalized commodity futures…

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Cryptocurrency exchange Binance today announced changes to its offering in Singapore. With effect from October 26, 2021, clients in Singapore will not be able to access certain functions on Binance.com including fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels and liquid swap. Users in Singapore are advised to cease…

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