Tag: forex-news

StoneX Group Inc. (NASDAQ: SNEX), a diversified global brokerage and financial services firm, has announced its financial results for the fiscal year 2022 first quarter ended December 31, 2021. Operating revenues derived from FX/CFD contracts increased $12.4 million, or 21% to $72.2 million in the three months ended December 31, 2021 compared to $59.8 million…

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Less than two months after Benjamin Chang, a victim of a Ponzi scheme operated by Haena Park, submitted an amended complaint against Interactive Brokers, the electronic trading major has sought to rebuff the allegations in the amended complaint. On February 7, 2022, Interactive Brokers filed a motion to dismiss the amended complaint in the California…

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The legal action brought by the United States Commodity Futures Trading Commission (CFTC) against GNTFX operator Casper Mikkelsen continues at the New York Southern District Court. Mikkelsen is charged with engaging in an FX fraud scheme and registration violations. The regulator has pushed for a default judgment against the Forex fraudster and is now seeking…

Read More “CFTC insists on $3.6M fine for Forex fraudster Casper Mikkelsen” »

Aquis Technologies, the exchange software licensing arm of Aquis Exchange PLC, announces a partnership with the neo-exchange for value-driven investment funds, Investre. Investre is building an exchange where retail customers can buy and sell values-driven investment funds-either direct from the asset manager on the primary market, or by trading with other users through an auction…

Read More “Aquis Technologies partners with Investre to enable 100% cloud-native exchange” »

Multi-asset investment company Saxo Bank is in the process of reviewing all of its current 21 theme baskets. There two baskets already that the bank has left unchanged and these are Women in Leadership and the Defence basket. Following a review of its NextGen Medicine basket Saxo has chosen to update the basket by removing…

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CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced a set of features and enhancements that are available in CQG Integrated Client (CQG IC) version 2022. UDS and Strategy Analysis Upgrade The UDS functionality has been significantly updated with many more strategies and the ability to…

Read More “CQG presents CQG IC 2022 latest features” »

Invesco today listed its first Exchange-Traded Funds (ETFs) on the Tel Aviv Stock Exchange (TASE). The move reflects the growing demand for ETFs in Israel and the popularity of Invesco’s product suite. The direct listing will simplify access for investors and support Invesco’s ambition for further market share in a key jurisdiction. The firm plans…

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BTIG announced today that Alex Alden has joined the firm as a Managing Director and Head of Financial Institutions and Financial Technology within its Investment Banking division. Alex Alden

The Securities and Exchange Commission (SEC) today charged Michael M. Beck, who uses the Twitter handle @BigMoneyMike6, with deceiving investors into buying penny stocks that he recommended, even though he secretly planned to sell those stocks and, in some cases, was in the process of selling them when he made the recommendations. The SEC’s complaint…

Read More “SEC charges stock promoter behind TeamBillionaire group with fraud” »

Several months after the victims of Forex scheme ROFX took the firm to Court, the US regulators also took action against the fraudulent enterprise. On January 27, 2022, the United States Commodity Futures Trading Commission (CFTC) filed a complaint at the Florida Southern District Court targeting ROFX and a number of entities and individuals associated…

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