Following a set of delays, former HSBC Forex trader Mark Johnson has surrendered to the custody of the Bureau of Prisons. According to a letter filed by the Department of Justice (DOJ) with the New York Eastern District Court on Thursday, July 29, 2021, the defendant surrendered to the custody of the Bureau of Prisons…
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OTC Markets Group Inc. (OTCQX:OTCM), an operator of financial markets for 11,000 U.S. and global securities, today announced The Naga Group AG, a fintech company that connects personal finance transactions and investments through its social trading platform, has qualified to trade on the OTCQX Best Market. The Naga Group AG upgraded to OTCQX from the…
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Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported financial results for the second quarter of 2021. For the quarter ended June 30, 2021, consolidated net income attributable to ICE was $1.3 billion on $1.7 billion of consolidated revenues, less transaction-based expenses. Second quarter GAAP diluted earnings per share…
Read More “ICE reports 22% Y/Y rise in revenues in Q2 2021” »
FX and crypto institutional execution venue LMAX Group has announced that it has appointed Andreas Wigstrom to the newly created role of Managing Director for LMAX Global, the Group’s regulated broker. Andreas Wigstrom assumes responsibility for sales and distribution of the LMAX Global offering worldwide. Andreas Wigstrom
UK online broker CMC Markets Plc (LON:CMCX) has announced the results of its 2021 Annual General Meeting (AGM) held earlier today at the company’s offices at 133 Houndsditch, London, EC3A 7BX. All the resolutions set out in the Notice of Annual General Meeting 2021 were passed by way of a poll. The ordinary resolutions are:…
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Euronext NV (EPA:ENX) today posted its results for the second quarter of 2021, with FX trading revenue lower than a year earlier. FX trading reported revenue amounted to €5.7 million in Q2 2021, down 13.5% from the equivalent quarter in 2020, reflecting lower FX trading volumes in a low volatility environment. The result is also…
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Schroders plc today announces that Dame Elizabeth Corley will join its Board as a Non-executive Director, member of the Nominations Committee and Chair designate. The changes are effective 1 September 2021. Subject to shareholder approval, Dame Elizabeth Corley will succeed Michael Dobson as Chair at the conclusion of the Company’s Annual General Meeting, currently scheduled…
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Poland based Retail FX and CFDs brokerage group XTB has just reported its financial results for Q2, including a loss of PLN 23.9 million (USD $6 million) for the quarter after revenues dropped by 70% (!!) QoQ, coming in at PLN 55.2 million (USD $15 million) versus PLN 186.7 million in Q1. As a result,…
Read More “XTB shares plummet 25% after posting $6M Q2 loss, 70% revenue drop” »
UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) today announces Board changes. Philip Johnson
FNG Exclusive.. FNG has learned that ATFX UK (or more formally AT Global Markets UK Limited), the FCA regulated arm of Chinese controlled retail FX broker ATFX, posted a loss of £766,416 for the fiscal year ended October 31, 2020. The principal activity of the company is the provision of online trading facilities in Forex…
