FNG Exclusive… FNG has learned that longtime Tera Europe Ltd CEO Burak Akbulut has resigned from the company. He had been CEO for the past five years. FCA licensed Tera Europe operates the TeraFX Retail FX and CFDs brand. The company is a subsidiary of Tera Financial Holdings Ltd, and ultimately of Turkish investment firm…
Read More “Exclusive: David George takes over as TeraFX CEO from Burak Akbulut” »
Australia based Retail FX and CFDs broker Pepperstone has announced the launch of The Trade-Off – a weekly digital series focused on helping retail traders navigate an ever-evolving world of financial markets. The last two years have shown that volatility in the market can be triggered especially when restrictions are implemented, countries close their borders,…
Read More “Pepperstone launches The Trade-Off weekly trading show” »
ANZ today announced that Paula Dwyer ceased as a Non-Executive Director at the conclusion of the 2021 Annual General Meeting, after serving more than nine years on the Board. Ms Dwyer joined the Board in 2012 and has served as Chair of the Audit Committee since 2014. ANZ Chairman Paul O’Sullivan said: “Paula is one…
The UK Financial Conduct Authority (FCA) has refused an application by Finablr plc for cancellation of its premium listing with reference to LR 5.2.7R. This rule allows for cancellation without a shareholder vote if certain conditions are met. Premium-listed issuers ordinarily require shareholder approval (according to LR 5.2.5R) to cancel the listing of its equity…
Read More “FCA nixes Finablr application for cancellation of premium listing” »
About two weeks after the Department of Justice (DOJ) requested that the Court stays the civil case brought the Securities and Exchange Commission (SEC) against online crypto lending platform BitConnect, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company, the Court has granted the DOJ’s motion. On December 15, 2021, Judge…
Read More “DOJ secures stay of SEC action against BitConnect” »
Digital infrastructure company Equinix, Inc. (NASDAQ:EQIX) has entered into a multi-year partnership with Nasdaq, Inc. (NASDAQ:NDAQ) to scale the Equinix NY11 data center in Carteret, New Jersey to support the build out of Nasdaq’s cloud infrastructure. Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, comments: “Our goal with this hybrid infrastructure…
Read More “Equinix, Nasdaq collaborate to scale digital infrastructure” »
Management and technology consulting company BearingPoint and Swiss financial market infrastructure operator SIX are partnering to develop a fully integrated invoice-to-payment service. The service will digitalize the entire value-added chain from the issue of the invoice to its payment: invoice issuers will send invoices directly and securely to their customers’ online and mobile banking applications….
Read More “SIX, BearingPoint partner to develop fully integrated invoice-to-payment service” »
The UK Financial Conduct Authority (FCA) today issued a notice regarding Log4Shell. The regulator says it is aware of a remote code execution vulnerability (CVE-2021-44228) that is affecting multiple versions of the Apache Log4j 2 library. The National Cyber Security Centre (NCSC) is aware that scanning for this vulnerability has been detected in the UK…
Schwab today launched the Schwab Starter Kit™, a new experience that will provide beginner investors with $50 to split across the top five stocks in the S&P 500, access to tailored educational content designed to be easily digestible for someone getting started, and curated easy-to-use investing tools and resources. Schwab combined with TD Ameritrade has…
Read More “Schwab introduces Schwab Starter Kit to support first-time investors” »
The United States Financial Industry Regulatory Authority (FINRA) has added its voice to the growing chorus of regulators and institutions warning of the “Log4Shell” vulnerability in Apache Log4j software. FINRA has issued an alert to member firms about a recently identified vulnerability in Apache Log4J software, which is an open-source, Java-based logging utility widely used…
Read More “FINRA alerts firms to “Log4Shell” cyber vulnerability” »
