Tag: forex-news

Tradeweb Markets Inc (NASDAQ:TW) today announced the completion of its first Southbound Bond Connect transactions via the trading link between Tradeweb and China Foreign Exchange Trade System (CFETS). “Southbound Bond Connect is the latest evolutionary step for China’s financial market, providing domestic investors with more flexibility and choice when trading offshore bonds,” said Lee Olesky,…

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Richard Usher, a Forex trader known for his participation in the “Cartel” chatroom, continues his legal battle to secure access to documents that led to his acquittal in a criminal case back in 2018. On September 24, 2021, Usher filed a response to a motion by the Department of Justice (DOJ), which, in its turn,…

Read More “Forex “Cartel” trader urges Court to stop DOJ’s shell game with evidence” »

Digital infrastructure compant Equinix, Inc announces that it has entered into a retention and separation agreement with Sara Baack, Chief Product Officer of the company. Pursuant to the terms of the Agreement, Ms Baack will transition from her role of Chief Product Officer after September 24, 2021 and will serve in an advisory capacity to…

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Why did eToro delay its planned going-public SPAC merger deal with Fintech Acquisition? What is new in Finalto’s NDF offering for Retail FX brokers? Why did NAGA.com shares rise sharply? Who is supplying the platform for MultiBank’s newly launched social and copy trading service? Which leading Italian sports figure is TMGM’s new Brand Ambassador? Answers…

Read More “FX week in review: eToro postpones IPO, Finalto adds NDFs, NAGA.com shares soar” »

Electronic trading major Interactive Brokers continues to update its Trader Workstation (TWS) platform. The latest beta version of the platform offers an improved Events Calendar that makes it easy to stay on top of current and upcoming events for companies around the globe. Traders can use filters to view only companies in their portfolio and…

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IEX Exchange has convened leading retail brokerage firms to examine how market structure could change in response to the recent uptick in retail investor participation in the equities market. Nearly a dozen retail brokers have joined IEX Exchange’s Retail Trading Advisory Committee, or RTAC, including, Betterment Securities, LLC, E*TRADE Securities LLC, Fidelity Investments, Inc., Interactive…

Read More “Retail brokers to take a closer look at recent market structure changes” »

Less than a month after Citadel Securities responded to the complaint brought by investors who suffered heavy losses during the January “short squeeze”, the traders have also filed their response. In fact, a number of documents were filed by the plaintiffs in the multi-district litigation on September 21, 2021. These documents include not only the…

Read More ““Short squeeze” lawsuit plaintiffs slam Robinhood, Citadel Securities for PFOF” »

The United States Securities and Exchange Commission (SEC) today announced charges against Sergei Polevikov, who worked as a quantitative analyst at two prominent asset management firms, for perpetrating a years-long front-running scheme that generated illicit profits of at least $8.5 million. According to the SEC’s complaint, filed in the New York Southern District Court, from…

Read More “SEC goes after quant analyst for $8.5M front-running scheme” »

The United States Commodity Futures Trading Commission (CFTC) and former HSBC executive Christophe Rivoire have secured additional time for completing discovery. On September 22, 2021, Judge J. Paul Oetken of the New York Southern District Court granted the parties’ request to extend the discovery deadline until January 31, 2022. This means that the CFTC and…

Read More “CFTC, former HSBC exec secure additional time for depositions” »

The Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) have jointly published guidance to help crypto trading platforms understand and comply with requirements under securities law and IIROC rules for advertising, marketing and social media use. Securities regulators have noticed a recent increase in advertising and marketing by crypto trading platforms….

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