The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. Global equities ended August near record highs, with the Delta variant failing to infect investor sentiment. But can investors continue to shrug off the undercurrents being caused by the chip shortage? The New Oil Semiconductors form the backbone…
INX Limited (INX), the owner of a regulated cryptocurrency exchange and a digital security trading platform, has partnered with GMO-Z.com Trust Company, Inc. (GMO Trust), to list the world’s first regulated Japanese yen stablecoin, GYEN, for retail and institutional investors through its subsidiary, INX Digital, Inc. (“INXD). INXD will also be listing GMO Trust’s USD-backed…
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Leading CFD Online Trading Platform TMGM is pleased to announce a multi-year Ambassador Partnership with legendary Italian goalkeeper Gianluigi Buffon. The multi-year partnership means that Buffon will have a digital presence on TMGM.COM. TMGM clients will get access to exclusive perks – from Meet & Greet experiences to exclusive Webinars with Buffon, where he will…
Leading Forex industry B2B tech and solutions provider Finalto has announced that it is taking the complexity out of Non-Deliverable Forwards, with a revolutionary NDF offer that does away with the product’s associated issues, providing a streamlined forex solution that can slot smoothly into any existing infrastructure. For too long, clients have struggled with the…
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The United States Securities and Exchange Commission (SEC) will need additional time to prepare a distribution plan for the $10.38 million in penalties paid by Poloniex. The Division of Enforcement has stated that additional time is needed to complete the fund administrator solicitation and appointment process, develop the distribution methodology, and draft the proposed plan…
Read More “SEC’s distribution plan for $10.4M Poloniex fair fund not ready yet” »
Online trading company Robinhood Financial LLC has responded to a complaint about allegedly spam text messages that formed part of a referral program. Robinhood intends to file a motion to dismiss, as per documents filed by the company in the California Northern District Court earlier this week. The problematic message. Name of sender removed for…
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Electronic trading major IG has recently made changes to the IG Smart Portfolios. The broker explains that investment returns across the five IG Smart Portfolios have been healthy so far this year as global stock markets have reacted favourably to the welcome progress made on vaccinating large proportions of the population across key developed markets….
Vestmark, a leading provider of portfolio management tools and trading software, today announced that it has named company veteran Michael Blundin as Chief Executive Officer in a planned transition. John Lunny, a founding executive of the company who has served as CEO since 2008, will step into the role of Vice Chairman of Vestmark’s Board…
Texas Securities Commissioner Travis J. Iles today entered an emergency cease and desist order to stop Graco Commercial Capital, LLC, and Raymond V. Grant from illegally offering investments in a bank leveraged forex trading program. Grant and Graco Commercial, operating from Greeley, Colorado, are accused of telling potential investors their funds will be deposited and…
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The Department of Justice (DOJ) and Richard Usher, a Forex trader known for his participation in the “Cartel” chatroom, have clashed over access to evidence that led to Usher’s acquittal back in 2018. A letter filed by Usher and the DOJ with the New York Southern District Court on September 17, 2021, reveals that the…
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