Tag: forex-news

The United States Commodity Futures Trading Commission (CFTC) has opposed the arguments raised by former Deutsche Bank traders James Vorley and Cedric Chanu, who are accused of spoofing. The regulator has submitted its opposition to the defendants’ motion to dismiss at the Illinois Northern District Court on December 6, 2021. The CFTC argues that the…

Read More “CFTC presses ahead with spoofing case against former Deutsche Bank traders” »

Online broker eToro has reduced the minimum trade size for stocks, crypto and ETFs to $10. The company explains that the change aims to make its investment platform more accessible and user-friendly. eToro also prides itself on listening to its community and implementing requested changes wherever possible. One frequent request it received from its clients…

Read More “eToro reduces minimum trade size for stocks, crypto and ETFs” »

Digital infrastructure provider Equinix, Inc. (NASDAQ:EQIX) today announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with presence in Nigeria, Ghana and Côte d’Ivoire. The acquisition is expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the…

Read More “Equinix to acquire MainOne for $320M” »

The UK Financial Conduct Authority (FCA) today unveiled plans for a new Consumer Duty in order to see a higher level of consumer protection in retail financial markets. The regulator is aware of a range of good practice by firms in retail sectors with firms innovating to meet the needs of consumers. However, it also…

Read More “FCA plans new Consumer Duty to boost protection in retail financial markets” »

Clearstream, Deutsche Börse’s post-trade services provider, today announced the launch of a new sustainability service for fund distributors, in collaboration with Clarity AI. Going forward, fund distributor clients of Clearstream Fund Centre can get detailed insight into sustainability characteristics of investment funds via the Fund Compass application. The new service has three main features: Filtering…

Read More “Deutsche Börse’s Clearstream launches new sustainability service for fund distributors” »

Diego A. Rotsztain, Chief Governance and Legal Officer of StoneX Group Inc (NASDAQ:SNEX), has acquired more shares in the company, according to a report filed with the Securities and Exchange Commission (SEC) on December 6, 2021. Diego A. Rotsztain

Standard Chartered PLC today announces an update to its Group Management Team. Mary Huen, Cluster Chief Executive Officer (CEO) for Hong Kong, Taiwan and Macau, and CEO of Standard Chartered Hong Kong will join the Group Management Team, effective immediately. She will continue to report to Ben Hung, CEO Asia. Bill Winters, Group Chief Executive,…

Read More “StanChart adds Mary Huen to Group Management Team” »

TradeStation Securities, Inc now offers its futures clients the ability to trade Micro Ether futures contracts through CME Group. With Micro Ether futures, TradeStation Securities has expanded its suite of CME crypto and micro futures products as part of its commitment to providing traders and investors access to new products. Also supported by TradeStation Securities,…

Read More “TradeStation Securities adds Micro Ether futures from CME to offering” »

San Francisco and Dublin based Stripe, which builds payment infrastructure for the internet, has made its second acquisition of Q4. After buying payment reconciliation firm Recko in October, Stripe announced that it has now acquired Toronto based OpenChannel, a leading provider of app marketplace software. OpenChannel’s software helps businesses build app ecosystems for third-party developers and…

Read More “Stripe acquires app marketplace software provider OpenChannel” »

FNG Exclusive… FNG has learned that Australia based multi-asset CFD broker ACY Securities has appointed Henrick Rajamountry to be the company’s new Head of Marketing. Mr. Rajamountry will help develop performance marketing strategies across the company’s retail and institutional divisions. He will also oversee all digital marketing initiatives, including social media, and work closely with…

Read More “Exclusive: ACY Securities hires Henrick Rajamountry as Head of Marketing” »