Moscow Exchange (MOEX) plans to admit the shares of 80 international companies including Nasdaq, Airbnb, Domino’s Pizza, Gartner, Motorola Solutions and others to trading on 1 December 2021. This will bring the number of shares and depository receipts of international issuers available for trading on Moscow Exchange to 521. MOEX plans to make more international…
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As a first transaction in a multi-stage acquisition towards full ownership, Christian Frahm’s fintech umbrella firm United Fintech has made its third purchase, acquiring a 25% stake in London-based FairXchange for an undisclosed amount in a transaction integrating the Company, its products and employees onto its digital platform. Trading firms use FairXchange’s state-of-the-art analytical tools…
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Barclays PLC has taken Plaid Inc to Court over alleged trademark infringement and false designation of origin and unfair competition under New York law. The complaint was filed by Barclays on November 22, 2021, in the New York Southern District Court. The document, seen by FX News Group, makes it clear that the case is…
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The publicly traded special purpose acquisition company (SPAC) that is slated to bring eToro public, FinTech Acquisition Corp. V, has made a filing with US regulators indicating that it has identified an error in certain of its previously issued financial statements. As such, the company said that certain of its previously issued financial reports should…
Read More “eToro SPAC partner FinTech Acq V reports “material weakness” in internal controls” »
The Australian Securities and Investments Commission (ASIC) today confirmed that the Federal Court has found Melissa Caddick and her company, Maliver Pty Limited, conducted unlicensed activities. In particular, Ms Caddick and her firm carried on a financial services business without holding an Australian Financial Services licence, contrary to section 911A of the Corporations Act. The…
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The Management Board of X-Trade Brokers Dom Maklerski S.A. (WSE:XTB), which operates the XTB.com Retail FX brand as well as institutional FX services and tech firm X Open Hub, has announced that on 22 November 2021 the company has appointed Professor Jan Byrski to the position of the Chairman of the XTB Supervisory Board. Prof….
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State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimization, which addresses collateral efficiency…
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A lawsuit against trading platform ROFX continues at the Florida Southern District Court, with the victims building the evidentiary support in the case against the scam. The list of defendants includes: ROFX.net, Auro Advantages LLC, Aware Choice Ltd., Boonruk Ruamkit Co., Ltd., Brass Marker s.r.o., Easy Com LC, Epayments Systems Ltd., Ester Holdings Inc., Global…
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The United States Securities and Exchange Commission (SEC) today issued an order appointing DST Asset Manager Solutions, Inc as the administrator of the Poloniex fair fund. As FX News Group has reported, on August 9, 2021, the SEC imposed a Cease-and-Desist Order against Poloniex, LLC. In that Order, the regulator found that from July 2017…
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Euroclear announces the appointment of Michal Paprocki as Chief Information Officer (CIO) effective today. Mr Paprocki was previously acting as interim Co CIO with Marc De Rycke. Prior to this role, he served as Chief Technology Officer for three years. He will be based in Brussels and will join the Euroclear Group Management Committee, reporting…
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