Nomura Singapore Limited today announced that it has appointed Gan Chee Yen as a Non-Executive Director. From 2011 to 2019, Mr. Gan was Chief Executive Officer of Fullerton Financial Holdings, which invests in and operates financial institutions in emerging markets. Fullerton Financial is a unit of Singapore’s global investment company, Temasek, where he worked in…
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The United States Securities and Exchange Commission (SEC) has taken action against a fraudulent binary options scheme which has resulted in losses of more than $50 million. The regulator has filed a complaint against Jonathan (Yoni) Mimun (also known as Jonathan (“Yoni”) Maymon) and Ronn BenHarav, the individuals behind Porter Finance and Dalton Finance (the…
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The United States Department of Justice (DOJ) which is accusing a number of former JPMorgan precious metals traders of spoofing the market, is asking the Court to admit evidence of defendants’ compensation at trial. In a document, filed at the Illinois Northern District Court, the DOJ requests that the Court admits evidence about the compensation—consisting…
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EU licensed Retail FX and CFDs brokerage group BDSwiss has announced the inking of a new partnership with PayPugs, a premier provider of innovative, reliable, secure, and international payment services. The company said that as demand for BDSwiss’ online trading products and services continues to grow, so does the need for providing solid options for…
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Approximately nine months after the Securities and Exchange Commission (SEC) imposed a fine of $6.1 million on Unikrn, Inc for an unregistered initial coin offering (ICO), the regulator has not come up with a plan for the distribution of the money. On June 17, 2021, the Division of Enforcement was granted with additional time to…
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First Abu Dhabi Bank PJSC (FAB) and State Street Corporation (NYSE:STT) today announced a new strategic alliance that leverages FAB’s regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Street’s global strength and capabilities. The alliance will create a full-service enterprise offering for institutional…
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The insolvency administrator of Wirecard today confirms that he has achieved further success in completing additional divestitures as part of the insolvency proceedings regarding the assets of Wirecard AG and Wirecard Sales International Holding GmbH. Specifically, this week the shares of two of four subsidiaries in the Asian-Pacific region were sold and transferred to Finch…
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TradingView added a currency conversion feature: a new setting that enhances the analysis of the price chart for various assets. Now, traders can quickly assess the exchange rate difference of the currencies of interest or see the share price in a more familiar currency. To change the currency on the chart, you just need to…
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TradeStation Securities, Inc, a part of Monex Group, now offers its futures clients the ability to trade Micro WTI Crude Oil futures contracts through CME Group. CME Group has announced that Micro WTI Crude Oil futures will give traders of all sizes a smaller, more precise instrument for managing crude oil price exposure, and that…
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Algorithmic trading platform QuantConnect today announced the launch of QuantConnect Datasets, a platform where a quant can harness a data feed with a single line of code and begin live-trading in minutes. A true end-to-end integration, QuantConnect Datasets allows vendor datasets to be spun up and applied from research to live trading in minutes. The…
