Tag: forex-news

Broadridge Financial Solutions, Inc. (NYSE:BR) and Northern Trust (NASDAQ:NTRS) today announced that Emerald Technology Ventures will utilize the Broadridge Private Market Hub ecosystem to gain visibility and reduce transaction friction to interact in real-time on all Guernsey domiciled funds. Broadridge’s Private Market Hub, the industry’s first deployment of blockchain technology for the private equity market,…

Read More “Emerald Technology Ventures to utilize Broadridge blockchain solution” »

Market data and charting company NetDania has announced that Rasmus Bagger-Petersen has been appointed Chief Commercial Officer (CCO) of the company, and will be a member of the Danish fintech firm’s management team. Rasmus Bagger-Petersen joins NetDania from an institutional global sales role at Saxo Bank, with extensive experience in both B2B and B2C product…

Read More “United Fintech’s NetDania hires Saxo Bank exec Rasmus Bagger-Petersen as CCO” »

FNG has learned that longtime Gold-i executive, and the company’s current Chief Commercial Officer, Julian Elliott has resigned. Julian Elliott had spent 11 years at Gold-i and was one of the longest serving employees at the MT4 tech provider, joining in 2010 – not long after Gold-i’s founding by former ODL Securities CTO Tom Higgins…

Read More “Longtime Gold-i CCO Julian Elliott departs” »

Urban Angehrn takes up his new post as CEO of the Swiss Financial Market Supervisory Authority (FINMA) today. He replaces CEO ad interim Jan Blöchliger, who will once again be in charge of banking supervision. Urban Angehrn will recuse himself from items of business that concern his former employer. Jan Blöchliger returns to his role…

Read More “Urban Angehrn takes up role as new FINMA CEO” »

FNG Exclusive… FNG has learned from company sources that global Retail FX and CFDs broker Exness has surpassed $1 trillion in client trading volumes for the month of October, a new milestone for the company – and marking the first time that a Retail FX firm has topped the magic trillion dollar volume mark. Exness’…

Read More “Exclusive: Exness tops $1 trillion in FX/CFD trading volumes for October” »

Online giants, including Google, have responded to a request by the Chair of the Treasury Committee, Rt. Hon. Mel Stride MP, for the online companies to provide further information on the policies they have put in place to combat economic crime, prevent fraud and protect consumers. In its letter, Google explains it is investing significantly…

Read More “Google offers $3M ads credit to FCA to protect consumers from scams” »

The United States Securities and Exchange Commission (SEC) has secured an entry of default against Spot Option and its owner Malhaz Pinhas Patarkazishvili (Pini Peter) – defendants in a binary options fraud case. The entry was made on October 29, 2021. The document states that the defendants had failed to plead or otherwise defend in…

Read More “SEC obtains entry of default against Spot Option, Pini Peter” »

Shortly after posting its financial report for the third quarter of 2021, Robinhood Markets Inc (NASDAQ:HOOD) has filed its 10-Q report with the Securities and Exchange Commission (SEC). On top of details about its financial performance for the three months to the end of September 2021, Robinhood provided some updates on litigation and regulatory matters…

Read More “Robinhood accrues $33.1M in legal and regulatory contingencies at end of Q3 2021” »

This week’s news saw a very heavy dose of financial and operating results from a number of known names in the Retail FX industry, and highlighted the haves and have-nots dichotomy which has developed in the sector as overall volumes and broker revenues remain strong. There were also a number of executive moves involving IG,…

Read More “FX week in review: Results from XTB, ADSS, Robinhood, Plus500; Bundesliga sponsor deal” »

The trial of former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, and Jeffrey Ruffo, was recently postponed, but the preparations for it are in full force as indicated by disputes among the defendants and the Department of Justice (DOJ) over testimony. The case is about an alleged commodities-spoofing conspiracy perpetrated by the precious-metals traders….

Read More “DOJ wants testimony of Prof Jerry Markham excluded from spoofing case” »