Tag: forex-news

The United States Commodity Futures Trading Commission (CFTC) today announced the filing of an enforcement action in the U.S. District Court for the Northern District of Texas, charging defendants Rudy Avila and six U.S. and Costa Rican companies with fraudulent solicitation to trade in commodity futures, options on commodity futures, and retail off-exchange Forex, misappropriation…

Read More “CFTC goes after six cos involved in $6M fraudulent FX scheme” »

FNG Exclusive… FNG has learned that CySEC licensed Retail FX and CFDs broker Skilling has launched CFD trading on Fan Tokens. In a social media post, Skilling CEO Michael Kamerman noted that its offering is a first for the CFD trading industry. Fan Tokens are a type of cryptocurrency, specifically a type of non-fungible token…

Read More “Exclusive: Skilling adds Fan Token CFD trading” »

CME Group has posted a notice of summary action as to Citigroup Global Markets, Inc. Citi will have to pay a small fine for violations of block trade rules. The rules in question state: 526.F. BLOCK TRADES Unless otherwise agreed to by the principal counterparties to the block trade, the seller, or, in the case…

Read More “CME fines Citi for violations of block trade rules” »

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), announces that, effective September 27, 2021, after-hours trading in bonds will become available on MOEX. Investors will be able to trade federal government bonds (OFZ) and Eurobonds from 19:00 to 23:50 MSK. As a result, the Bond Market will be open for trading for 13 hours and 40…

Read More “Moscow Exchange to launch after-hours trading in bonds” »

North American Derivatives Exchange (Nadex), a part of IG Group Holdings plc (LON:IGG), has published a notice of disciplinary action as to Hsinchi Wu for violations of Nadex rules. On September 27, 2019, the Compliance Department sent Hsinchi Wu an Account Inquiry letter requesting, among other things, general background information, prior trading experience, and details…

Read More “Nadex bans trader for failure to respond to requests for info” »

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low cost fund transfers directly from one bank account to another between Singapore and India….

Read More “Singapore’s PayNow and India’s UPI to link in 2022” »

Equiti Capital UK Limited has announced that it has appointed its Chief Financial Officer, Sheetal Chouhan, to its Board of Directors with immediate effect. Sheetal Chouhan has held the role of Chief Financial Officer for Equiti Capital UK Limited since October 2018. She has over 15 years of experience in the financial services industry and…

Read More “Equiti Capital adds CFO Sheetal Chouhan to its Board of Directors” »

Equals Group plc (LON:EQLS), a technology-led international payments group focused on the SME marketplace, today posted its financial results for the first half of 2021 and provided a post-end period trading update (1 July 2021 to 10 September 2021). During the third quarter of 2021 (with 14 days left), revenues amounted to £9.2 million, up…

Read More “Equals Group expects record Q3 2021, as revenues jump 58%” »

Online broker eToro has unveiled enhancements to its Account Statement feature. Now, there is an easier way to access one’s Account Statement. Traders simply need to go to Settings, then choose Account, then click “View” next to Account Statement. Also, traders can make use of predefined time frames. Now, traders can download their Account Statement…

Read More “eToro enhances Account Statement feature” »

PagoNxt has announced its acquisition of 70% of tech partner Mercadotecnia, Ideas y Tecnología (MIT). This deal will boost the expansion of PagoNxt’s merchant payments global franchise, Getnet, especially in Mexico, where Getnet and MIT have had a close relationship for over 15 years. It will also turn Getnet into the payment platform with the…

Read More “Banco Santander’s payments fintech PagoNxt acquires tech partner MIT” »