Well it looks like the sale of Playtech isn’t dead quite yet. After its shareholders rejected the sale of the company to Australia’s Aristocrat Leisure Ltd (ASX:ALL) for 680p per share (or £2.1 billion) at the beginning of this month, Playtech has announced that its CEO, Mor Weizer, is joining a potential bid for the…
Read More “Mor Weizer joins TTB Partners’ bid for Playtech” »
UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) confirms that Andrea Blance, Non-Executive Director of Hargreaves Lansdown, has been appointed to the Board of Aviva plc as an Independent Non-Executive Director. Her appointment is effective from today, 21 February 2022. Andrea Blance
Sweden’s financial markets regulator FI has completed its investigation into AML compliance of Ria Payment Institution. FI continuously conducts investigations to ensure that the money laundering regulations are complied with. The probe has been limited to how the company complies with the money laundering regulations’ requirements for general risk assessment, suitability testing and training. FI…
Read More “Sweden’s FI completes investigation of Ria Payment Institution” »
The European Commission today launched a targeted consultation to gather views on how to improve retail investing in the European Union. The Commission explains that whereas Europe has one of the highest individual savings rates in the world, the level of retail investor participation in capital markets remains very low compared to other economies. That…
Read More “European Commission consults on new approach to retail investments” »
Australian Forex and CFD broker FP Markets has expanded its offering of trading instruments by adding new Soft Commodities products to the FP Markets MT4 & MT5 Platforms. The broker has added the following products to its wide-ranging product offering: Corn (Corn / USD) Wheat (Wheat / USD) Soybeans (Soybeans /USD) Cocoa (Cocoa /USD) Soft…
FNG Exclusive… FNG has learned that Equiti Capital UK Limited, the London-based, FCA regulated institutional/B2B arm of global FX and CFDs brokerage Equiti Group, is making some changes to its senior management and board structure. Joining the Equiti Capital UK board is Paul Webb, who joined the company as COO last summer from rival firm…
Read More “Exclusive: Gurpreet Dehal to replace David Meek as Equiti Capital Chairman” »
North American Derivatives Exchange, Inc. (Nadex), which will soon have a new owner, has published a disciplinary notice as to Nicole Hedrick. Nadex Compliance sent Nicole Hedrick an email requesting information regarding her deposit patterns, sources of funding, and prior trading experience. The email also requested that she provide complete banking statements for all accounts…
Read More “Nadex bans trader for violation of Membership Agreement” »
Who did Plus500 hire (ex Admirals, Coop Pank SA) to head a new operation in Estonia? Who is INFINOX’s new COO? Who did Zenfinex hire (ex FXCM) as CEO MENA? How are scammers attempting to rip off former clients of Samtrade FX? Answers to these questions, and a whole lot more, appeared first or exclusively…
The United States Securities and Exchange Commission (SEC) has responded to allegations made by Tesla and Elon Musk about the regulator harassing them following a $40 million settlement. Let’s recall that, back in September 2018, the SEC announced that Elon Musk has agreed to settle the securities fraud charge brought by the SEC against him….
Read More “SEC responds to Elon Musk’s allegations of harassment” »
About a month after the traders affected by the January 2021 short squeeze revived their antitrust complaint against Robinhood and Citadel, the defendants have responded to the market conspiracy claims. On February 18, 2022, Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC and Citadel Securities LLC submitted their memorandum of law in support of…
Read More “Robinhood, Citadel slam amended antitrust complaint” »
