Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877), formerly known as KVB Kunlun, today posted its financial results for the first six months of 2021, with net losses widening in line with the Group’s own forecasts. During the six months ended 30 June 2021, total income of the Group decreased by approximately 42% to HK$3.80…
Barclays today announces the appointment of Mani Joseph as Head of Asia Special Situations. Based in Hong Kong, he will report to James Roberts, Head of Asia Credit Trading. Mr Joseph will be responsible for leading the buildout of the Special Situations franchise for the Asia Pacific region. He will be developing and embedding the…
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The lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against John David McAfee and Jimmy Gale Watson Jr over an alleged digital asset fraud has become quite messy. According to a status report submitted by the CFTC at the New York Southern District Court on August 13, 2021, the regulator is in…
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Nomura Research Institute, Ltd. (NRI) today announces that it will provide an optional liquidity risk monitoring service on T-STAR/GX in response to the recent “Amendment to Risk Management Regulations of Publicly Offered Investment Trusts” set by Japan’s Investment Trust Association (“JITA”). NRI’s new service will enable clients to comply with the current regulations governing liquidity…
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What Retail FX brand did Axiance replace? Which former MetaQuotes executive did Match-Trade hire to run its new Cyprus office? Who is the new CMO at Equiti Group? Which former TIOMarkets executive was named CEO of USGFX’s UK operation? Answers to these questions and a whole lot more (XTX Markets’ amazing 2020 results, StoneX’s latest…
Read More “FX week in review: Axiance launch, Match-Trade in Cyprus, hires at Equiti and USGFX” »
Cboe Global Markets, Inc, a leading provider of global market infrastructure and tradable products, today issued the following statement from Ed Tilly, Chairman, President and CEO of Cboe Global Markets, on the passing of Wayne Luthringshausen, retired chairman and CEO of the Options Clearing Corporation (OCC): “On behalf of all of us at Cboe, we…
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Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has just posted a set of unaudited metrics for the quarter to end-June 2021, with the numbers revealing a rise in stockholders’ deficit in the quarter. The broker posted total stockholders’ deficit of $173.2 million at the end of the second quarter of 2021. This compares…
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Cyprus financial regulator CySEC has announced the issuing of a €40,000 fine to London Capital Group (Cyprus) Ltd, the CySEC-licensed arm of UK based CFDs and spread betting broker LCG (at website lcg.com). The Board of the CySEC wishes to inform the public that, at its meeting held on the 5th April 2021, it decided…
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Saxo Markets, the online trading and investment specialist that connects people to investment opportunities in global capital markets, announces a suite of price reductions designed to provide Australian investors lower costs when trading ASX and US equities. Starting from today, Saxo will lower its minimum commission to AUD 5, down from AUD 6.99 for ASX…
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Euronext has announced that the name of the Portuguese benchmark national index will change from PSI 20 to PSI. The index methodology will also be adjusted in order to improve the liquidity and efficiency of the index and to better meet users’ needs. The adjustments to the PSI index methodology will include determining a minimum…
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