Multi-asset investment company Saxo Bank announces that its equity theme baskets will undergo a yearly review in January and some of the baskets will likely see changes. Saxo still has the robotics & automation theme in the pipeline, but it has proved to be more difficult to isolate in terms of pure exposure and risk…
Read More “Saxo Bank announces several new equity baskets coming in 2022” »
FNG Exclusive… FNG has learned that following a very successful fiscal 2021, FCA regulated institutional FX broker Global Market Index Ltd, which operates under the brand GMI UK, has promoted Zaid Alkhatib to Chief Operating Officer (COO) of the company. Mohamed Elfishawy has also been promoted to Head of Operations and Technology Development, and Secretary…
Read More “Exclusive: GMI UK promotes Zaid Alkhatib to COO, Mohamed Elfishawy to Head of Ops” »
The proceedings launched by the United States Securities and Exchange (SEC) against Apostolos Trovias, also known as TheBull, are set for a delay, as indicated by a status report filed by the regulator in the New York Southern District Court on December 17, 2021. The Commission understands that Trovias, who is charged with violations of…
Read More “SEC says extradition of TheBull to the U.S. is still pending” »
Markets infrastructure and data solutions provider TP ICAP (LON:TCAP) has announced that leading liquidity providers Jane Street and Virtu Financial have committed to supporting the upcoming launch of the TP ICAP Digital Assets Spot Platform. The addition of the market makers will help provide the platform with the tight pricing that clients expect and from…
Read More “TP ICAP adds Jane Street and Virtu as liquidity providers for crypto platform” »
The Yuh app, launched by Swissquote and PostFinance in May 2021, is further expanding its functionalities. The app has introduced a monthly card limit. The new feature allows the users of the app to keep their spending at bay. Yuh users get to decide where to draw the spending line and make sure their finances…
Read More “Swissquote’s Yuh app introduces monthly card limit” »
Barclays announces that the Australian Prudential Regulation Authority (APRA) has authorised Barclays Bank PLC to operate as a foreign authorised deposit-taking institution (ADI) in Australia. Barclays Bank PLC Australia Branch is targeted to go-live as a foreign bank branch locally in April 2022. Australia is an important part of Barclays’ growth plans in the region….
Read More “Barclays secures Australian license to operate as foreign ADI” »
Electronic trading major Interactive Brokers has released a new (beta) version of its TWS platform. TWS Beta Version 10.14 offers support for Mutual Funds in Model Portfolios. Because Mutual Funds trade only once/day when the market closes, the number of shares and cash value update differently from other assets. Traders can add funds to an…
Read More “Interactive Brokers TWS enables investing in Mutual Funds via Model Portfolios” »
International derivatives marketplace CME Group today announced that Micro Ether futures volume surpassed 100,000 contracts in the new contract’s first two weeks of trading. “Participation in our Micro Ether futures contract has grown rapidly since its launch two weeks ago, and we are encouraged by the strong customer adoption and support thus far,” said Tim…
Read More “CME reports Micro Ether Futures volume exceeding 100,000 contracts” »
Dukascopy Bank plans to change the margin requirements and exposure limits on selected instruments as of December 24th 15:00 GMT. The company blames the changes to the trading conditions on the “increased geopolitical tension between Ukraine and Russia”. Dukascopy will change the leverage for USD/RUB and EUR/RUB to 1:5 from 1:10. The maximum exposure limit…
Several months after former Deutsche Bank traders Cedric Chanu and James Vorley appealed from their conviction, the Department of Justice (DOJ) filed its response brief in the United States Court of Appeals for the Seventh Circuit. Let’s recall that, according to the indictment, Cedric Chanu and James Vorley manipulated the gold and silver futures market…
Read More “DOJ urges Court to uphold wire fraud convictions of ex-Deutsche Bank traders” »
