Tag: forex-news

The UK Financial Conduct Authority (FCA) today opened a consultation on the derivatives trading obligation (DTO), as the regulator seeks input on its proposal to modify it and the liquidity analysis supporting it. As specified in Article 28 of UK MiFIR (onshored Regulation (EU) No 600/2014 on Markets in Financial Instruments), the DTO requires that…

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Australian Forex and CFD broker FP Markets has added more than 550 new stock CFDs to its already extensive list of products. The stock CFDs come from a range of global markets including London, Hong Kong, Paris, Frankfurt, Madrid, Amsterdam, and New York (NYSE and Nasdaq) and cover a wide range of sectors including pharmaceuticals,…

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The United States Securities and Exchange Commission (SEC) today announced settled charges against the operator of Coinschedule.com, a once-popular website that profiled offerings of digital asset securities. The SEC’s order finds that United Kingdom-based Blotics Ltd. violated the anti-touting provisions of the federal securities laws by failing to disclose the compensation it received from issuers…

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Jefferies Financial Group, Inc. (NYSE:JEF) and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG), Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Nikko Securities Inc. (SMBC Nikko) announced today that they have entered into a Strategic Alliance. Through the Strategic Alliance, Jefferies and SMBC Group will coordinate across highly accretive growth areas in the corporate and investment banking…

Read More “SMBC Group to purchase up to 4.9% of Jefferies shares” »

UK online broker CMC Markets Plc (LON:CMCX) today announces that it has issued 700,000 new ordinary shares of 25p each to satisfy vesting of awards under the Group’s Management Equity Plan 2015. Application has been made for the 700,000 new ordinary shares to be admitted to the Official List of the UK Listing Authority and…

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SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, today announces its partnership with Acadia, the leading industry provider of integrated risk management and margin automation services for the derivatives community – enabling increased efficiencies for the processing and calculation of interest statements for TLM Collateral Management customers and their associated counterparties. SmartStream’s TLM…

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FNG Exclusive… FNG has learned that Pepperstone’s Head of Middle East for the past three years, Tarik Chebib, has left the company and joined co-owned Capital.com and Currency.com. Based in the UAE, Mr. Chebib will be Group Chief Revenue Officer for both Capital.com and Currency.com. Tarik Chebib joined Pepperstone in mid 2018 from IG, where…

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SIX is acquiring ULTUMUS LTD, a London-based index and ETF data specialist. The acquisition aims to enhance SIX’s data offering and to support its overall strategy to bring new data to its clients in a fast growing market, making trading in ETFs more transparent and efficient for customers. The transaction closed yesterday, 12 July 2021….

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London based Prime-of-Prime brokerage IS Prime has announced that it has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads. The company said that this latest development provides clients with even more competitive pricing and more accurately reflects the market conditions…

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Singapore based robo advisor solution provider Bambu has announced the acquisition of Tradesocio, a WealthTech company with 65 employees, specialising in investment management and trading technologies with offices in Singapore, India, and Dubai. The partes said that this acquisition significantly strengthens the combined business’ competitiveness globally. Bambu will have a presence in all major financial…

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