Tag: forex-news

Japanese FX, CFD and stock brokerage Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc (TYO:4755), will start providing additional information about US ETFs to its clients from August 15, 2021. The company announces that the enhancements are made in response to customer requests. Users will notice expanded investment information on the individual stock page…

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The Board of Directors of Credit Suisse Group AG is calling an Extraordinary General Meeting (EGM) for October 1, 2021. The EGM will put to a vote proposals for the election of Axel P. Lehmann and Juan Colombas as new non-executive members of the Board. Subject to their elections, the Board intends to appoint Axel…

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FNG Exclusive… FNG has learned that longtime Retail FX industry executive Rob Woolfe has joined the board of CFDs and Financial Spread Betting broker Capital Index, a company he once headed as CEO. Rob Woolfe has been involved in the Retail FX and online trading sector for more than a decade and a half. He…

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Hong Kong Exchanges and Clearing Limited (HKEX) plans to launch physically settled Options on Futures Contracts (OOF) on Hang Seng Index Futures and Hang Seng China Enterprises Index Futures. These new contracts will further enhance HKEX’s derivatives product suite and add to the breadth and depth of Hong Kong’s markets. These new OOF will be…

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TF Global Markets (Aust) Limited and ACG Management Solutions LLC (collectively, “ThinkMarkets”) and James Sorenson, who are embroiled in a trade secrets lawsuit in the United States, have provided a status update to the Illinois Northern District Court. According to the Joint Status Report, filed on August 12, 2021, and seen by FX News Group,…

Read More “ThinkMarkets agrees to discovery stay in lawsuit against ex-employee” »

With technical development on the core platform now complete, testing and scaling for full operations underway, the SIX Digital Exchange (SDX) awaits regulatory approval and readies itself for growth. As part of this preparation, Tim Grant will stand down and hand over the reins to David Newns, an international capital market expert with a strong…

Read More “SIX Digital Exchange gets ready for next development stage” »

Shares of FCA-regulated retail FX and CFDs broker Plus500 traded down by 4.5% on Monday, after the company issued a Q2 Trading Update. Plus500 shares actually fell by about 14% at the open yesterday, before recovering some of the losses. So what had Plus500 shareholders and traders in a knot? Plus500’s Trading Update was in…

Read More “Plus500 shareholders punish company for not hedging, shares off 4.5%” »

European derivatives exchange Eurex will launch futures on the Latin American benchmark index MSCI Brazil. The derivatives arm of Deutsche Börse Group is responding to growing demand for investment and trading instruments focused on the Latin American region. The launch of the new contracts is scheduled for 6 September. Eurex is already covering the Latin…

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About a year after Interactive Brokers got a $38 million fine for widespread AML failures, a client has launched a lawsuit against the broker for allegedly aiding and abetting the fraudulent scheme at the basis of the misconduct that led to the penalty. Benjamin Chang has filed a complaint at the California Northern District Court,…

Read More “Trader sues Interactive Brokers for damages caused by Ponzi scheme” »

Hot on the heels of PSG’s monumental signing of all-time great Lionel Messi, Retail FX broker HotForex has announced a renewal of the company’s sponsorship agreement with Paris Saint-Germain (PSG) ahead of the 2021/22 season. With this partnership extension, HotForex said it plans to expand its global presence in key markets around the world while…

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