Tag: forex-news

Former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, Jeffrey Ruffo, who are defendants in a spoofing lawsuit, have managed to reduce the burden of charges against them. On August 17, 2021, Judge Edmond E. Chang of the Illinois Northern District Court, issued a Memorandum & Opinion axing the bank fraud charges against the defendants….

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The Australian Securities and Investments Commission (ASIC) today issued a warning against investing in crypto-asset related financial products, such as options and futures, through unlicensed entities. An entity is required to be licensed by ASIC if they provide financial services (such as advising or dealing) in relation to financial products offered in Australia. Financial products…

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State Street Corporation (NYSE:STT) announced today that it has appointed new country heads for three European markets: Andreas Niklaus has been appointed as the head of Germany, Riccardo Lamanna as the head of Luxembourg and Dagmar Kamber Borens as the head of Switzerland. In their respective regions, they will be responsible for developing business, stewarding…

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The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. We’re well into the back half of the year and oil prices remain below $100 per barrel. This seems like such an achievement, given that oil prices unprecedentedly hit negative territory in April last year. With demand hitting…

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The United States Securities and Exchange Commission (SEC) has taken further steps in its action against Hollywood actor and producer Steven Seagal. Let’s recall that the regulator launched a lawsuit against Seagal in June 2021, alleging that he has failed to pay the full penalty imposed on him for unlawful initial coin offering (ICO) touting….

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Leading online Retail FX and CFDs broker Plus500 (LON:PLUS) saw its shares rise by 8% on Tuesday, after the company released its results for the first half of 2021. While the company had already released its top-line Revenue figures for the first half back at the beginning of July, the markets seemed to cheer the…

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The Competition and Markets Authority (CMA) today issued a notice to ION Investment Group Limited and ION Trading Technologies Limited that it has imposed a penalty on ION under section 94A of the Enterprise Act 2002 (EA02) because it considers that ION has, without reasonable excuse, failed to comply in certain respects with the requirements…

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i2c, a global provider of payments processing technology and digital banking solutions, today announced they are working with Visa, the world’s leader in digital payments, to launch point of sale installments capabilities for their participating issuers in North America. Through this new collaboration, issuers and participating merchants can have an accelerated path to Buy Now…

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SIX Swiss Exchange today announced its partnership with Venturelab. The aim is to equip Swiss entrepreneurs to make optimal decisions with regard to financing (private and public capital markets) and the ownership of their SMEs. This partnership will focus on ensuring that the right information is readily available to SMEs at the right time, connecting…

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Online trading company Plus500 Ltd (LON:PLUS) today posted its results for the six month period ended 30 June 2021. Although earnings marked a drop compared to the year-ago period, the broker notes that its financial performance in H1 2021 compares very strongly to the performance in the pre-pandemic environment of H1 2019. During the first…

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