The trial in the case brought by the Securities and Exchange Commission (SEC) against former Nomura trader James Im is set to be postponed. This becomes clear a brief order entered by Judge J. Paul Oetken of the New York Southern District Court. The order, signed on September 14, 2021, states that, as a result…
Read More “Trial of former Nomura trader James Im gets postponed until 2022” »
Saxo Group – India has reached another milestone in its growth journey. Saxo Group – India has celebrated the inauguration ceremony of the second facility in Gurugram. The ceremony was graced by H.E Freddy Svane – Ambassador of Denmark in India, Søren Kyhl -Deputy CEO & COO, Saxo Bank and Ashok Kalyanswamy – CIO, Saxo…
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The Australian Securities & Investments Commission (ASIC) today published a report on its licensing and professional registration activities for the 2020–21 financial year, that is, the period from July 2020 to June 2021. In the 2020–21 financial year, ASIC received significantly more new and variation AFS and credit licence applications (1,883) compared to the previous…
Read More “ASIC grants 339 new Australian Financial Services licenses in 2020-21” »
Japanese FX, CFD and stock brokerage Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc (TYO:4755), keeps expanding the offering of trading instruments to its clients. Today, the broker announced that it will soon add nearly 200 stocks of US-listed and Hong Kong-listed companies to its offering. The new additions will be made available…
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Beeks has extended their Asia-Pacific presence with access to the Australian Securities Exchange (ASX) offering colocation services into the Australian Liquidity Centre (ALC) to allow direct market access and low latency cloud services. The Australian Liquidity Centre is the only data centre developed specifically for financial markets in Australia and is the fabric which brings…
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Coinbase Global, Inc (NASDAQ:COIN) has just announced the pricing of $1.0 billion aggregate principal amount of its 3.375% Senior Notes due 2028 and $1.0 billion aggregate principal amount of its 3.625% Senior Notes due 2031in its previously announced private offering. The aggregate principal amount of the offering was increased from the previously announced offering size…
Read More “Coinbase lifts size of capital raise to $2 billion” »
The UK Financial Conduct Authority (FCA) today posted a plan to tackle investment harm. The regulator notes that the consumer investments market accounts for £1.6 trillion held or invested by consumers through the services of over 6,000 wealth managers, advisors and investment platforms. While most of this market meets consumers’ needs, there are some areas…
Read More “FCA aims to halve number of consumers investing in higher risk products by 2025” »
Cboe Global Markets (Cboe:CBOE) has announced that its institutional foreign exchange unit Cboe FX Markets is launching a hosted algo execution service, in collaboration with leading electronic liquidity provider XTX Markets, the largest market maker in Spot FX. This service will help enable Cboe FX participants to access the XTX Markets Execution Algo (‘XTX Algo’),…
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The Western Union Company (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, today announced the appointment of Gabriella Fitzgerald as President, Americas Region. Ms Fitzgerald will lead Western Union’s business in the region, driving the company’s market development and growth across all products, channels and customer segments. She will join the Executive…
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Australia based Retail FX broker Vantage FX has announced the appointment of Eoh You Loong as Regional Strategy Director, as part of its continued expansion in APAC. Eoh You Loong has 15 years of experience leading sales for brokerage firms. He joins Vantage FX from CGS-CIMB Securities in Singapore, where he was Director focusing on…
Read More “Vantage FX hires Saxo China alum Eoh You Loong to drive APAC activities” »
