Newly public online broker Robinhood (NASDAQ:HOOD) has announced that it has acquired shareholder communication tech specialist Say Technologies for $140 million in cash. Say bills itself as the new standard for public companies who want to connect with their retail shareholder community. Brokers that work with Say can automatically invite their customers to participate. Say…
KX today announced that it has added Google BigQuery integration to KX Insights, its cloud-first real-time streaming analytics platform. Customers can now gain powerful real-time insights from streaming data through KX, enriched with context from historical data sitting in Google Cloud’s highly scalable multi-cloud data warehouse. KX Insights is natively available on Google Cloud Marketplace…
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The United States National Futures Association (NFA) today announces changes in required minimum security deposits for certain Forex transactions. NFA Financial Requirements Section 12 requires Forex dealer members to collect and maintain a minimum security deposit of 2% of the notional value of transactions in ten listed major currencies and 5% of the notional value…
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London based Know Your Customer (KYC) solutions provider Encompass Corporation has announced the appointment of experienced financial crime compliance professional Michael Horsnell as Business Development Director. With more than 20 years of experience in the financial services industry, Michael has focused on areas including operations, transformation and risk and control and governance. His expertise covers…
Read More “Encompass hires Barclays exec Michael Horsnell for KYC Bus Dev” »
Multi-asset execution and order management systems company FlexTrade Systems, and First Sentier Investors, a global asset management group focused on providing high quality, long-term investment capabilities to clients, today announced that Flowlinx block liquidity search is available via FlexTRADER EMS. Flowlinx simplifies block liquidity search in Emerging and Frontier market equities. The Flowlinx integration with…
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Electronic trading major IG Group Holdings plc (LON:IGG) is set to hold its Annual General Meeting (AGM) on 22 September 2021 at 14:00. The list of resolutions to be put to vote at the meeting includes a vote on the Annual Report and Accounts, as well as a vote on the Directors’ Remuneration Report. The…
Read More “June Felix makes £3.5 million as IG Group CEO in FY21” »
Hong Kong’s Securities and Futures Commission (SFC) today published consultation conclusions on proposals to introduce investor identification for the securities market in Hong Kong and require reporting of over-the-counter (OTC) securities transactions. Under the investor identification regime, licensed corporations and registered institutions will have to submit to The Stock Exchange of Hong Kong Limited (SEHK)…
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Effective August 23, 2021, Cboe Options Exchange (C1) will replace the current manual halt and reopening process with an automated system halt and reopening process for SPX and VIX options during Global Trading Hours (GTH) when any of the following events occur, subject to regulatory review: C1 detects a halt message from CME indicating the…
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The UK financial regulator The FCA has announced that it has obtained a bankruptcy order against Mohammed Maricar, following his unlawful operation of a CFD/forex trading promotion business called 24HR Trading Academy. On 25 March 2021, following an application for summary judgment by the Financial Conduct Authority, the High Court ordered Mohammed Fuaath Haja Maideen…
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NinjaTrader Group, LLC, a leading provider of trading software and brokerage services, has announced the launch of NinjaTrader Clearing, LLC. As a non-clearing Futures Commission Merchant, NinjaTrader Clearing will deliver innovative Fintech services and a modern user experience for self-directed traders to cost-effectively access the global futures markets. “We are extremely excited to introduce a…
