Tag: forex-news

Italy’s Companies and Exchange Commission (CONSOB) announces that it has ordered the blocking of the websites of five unauthorized investment firms. The list includes the names of online trading companies, including ones offering crypto services. These entities offer financial services in Italy without having the necessary regulatory permissions. The websites targeted by the latest set…

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The Cyprus Securities and Exchange Commission (CySEC) today issued a warning regarding 12 unauthorized investment firms. The following websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017: en-rev.com wrxst-global.com…

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Coinbase has announced the acquisition of derivatives exchange FairX. The deal marks Coinbase’s next step toward creating the robust and holistic trading environment investors are seeking. Through this acquisition, Coinbase plans to bring regulated crypto derivatives to market, initially through FairX’s existing partner ecosystem. Over time, Coinbase aims to leverage FairX’s infrastructure to offer crypto…

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The sentencing of Renwick Haddow, known for his property and Bitcoin scams, is poised for further postponement as indicated by a letter filed by the Department of Justice (DOJ) with the New York Southern District Court on October 4, 2021. The Government says that the defendant’s cooperation continues, and is expected to continue for the…

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FX and CFD broker Equiti Group is continuing a recent expansion and hiring spree, announcing the appointment of Benjamin Susanna as Head of Client Retention. In this new role, Benjamin Susanna will glean on the company’s Global Market Research, Data Science, and Regional Client Service department’s data and findings to develop a deep understanding of Equiti’s clients….

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Cyprus based, CySEC-licensed Retail FX and CFD brokerage group X GLOBAL Markets Ltd, which operates the XGLOBAL Markets brand, has announced a 45% acquisition of South African FSCA regulated broker 98 Degrees Alternative Risk (Pty) Ltd, which has now been rebranded as XGLOBAL Africa. The firm’s local team have been retained so their local knowledge…

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At a time when many companies in the financial services industry are calling for employees to return to the office, always-maverick online broker Robinhood (NASDAQ:HOOD) has decided to go the other way. Robinhood issued a brief note today saying that it will be staying primarily remote. In December the company shared with its employees that…

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Australia based Retail FX and CFDs broker Pepperstone has been investing heavily in online media in 2022. After recently announcing the launch of The Trade-Off – a weekly digital series focused on helping retail traders navigate an ever-evolving world of financial markets – the company has now new unveiled a new online series, Pepperstone Talks. The first…

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Schroders today announced changes to its group-wide leadership team aiming to promote internal talent. Peter Harrison, Group Chief Executive commented: “The past five years have been hugely successful for our business, several key acquisitions have been undertaken and we have seen ever more client demand for the market-leading investment strategies across our many asset classes….

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NinjaTrader Group, LLC, a leading provider of trading software and brokerage services to active traders, today announced that it has acquired Tradovate Holdings, LLC, a major online futures brokerage firm and trading technology provider, for $115 million. Founded in 2003, NinjaTrader is the industry’s leading retail futures broker supporting over 500,000 traders with best-in-class trading…

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