Tag: forex-news

CySEC licensed Retail FX and CFDs broker easyMarkets has announced its integration with the TradingView platform. Now, easyMarkets clients can access TradingView’s social network for traders, one-click trading directly from charts and advanced analysis features by connecting their easyMarkets account to the TradingView interface. This offering extends its client’s choices of platforms to trade on…

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New Zealand’s Financial Markets Authority (FMA) today announces that it has censured Firma Foreign Exchange Corporation (NZ) Limited after finding it had materially contravened a number of its obligations as a licensed derivatives issuer (DI). Firma NZ materially contravened its licence obligations because it: Failed to conduct product suitability tests for clients Repeatedly failed to…

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More than a year after the United States Commodity Futures Trading Commission (CFTC) charged Craig L. Clavin and his company Lighthouse Futures, Ltd with fraudulent solicitation of commodity pool participants, misappropriation of pool funds, commingling pool funds with other funds, and failing to register with the CFTC, the case is getting settled. On October 9, 2021,…

Read More “CFTC, Lighthouse Futures reach settlement in solicitation fraud lawsuit” »

Equals Group plc (LON:EQLS), a technology-led international payments group focused on the SME marketplace, today providedd a trading update for the three months to 30 September 2021 (Q3 2021). The record start to Q32021 that the company reported at the time of its Interim Results announcement has been sustained throughout the remainder of the period,…

Read More “Equals Group marks acceleration in trading, revenues rise in Q3 2021” »

Social trading focused online broker NAGA Group AG (ETR:N4G) has released unaudited preliminary group figures for the 3rd quarter of 2021, indicating a record quarter for the company. NAGA Group, which is based in Hamburg, Germany but operates the NAGA.com website from Cyprus under a CySEC license, reported that NAGA revenue increased by 157% YoY…

Read More “NAGA Group posts record Revenue of $15M and EBITDA of $5.2M in Q3-2021” »

This week’s forex industry news was dominated by several new company and project launches by well known FX industry people, slightly outside the “mainstream” of the online trading sector. And, it was all brought to you first or exclusively by FNG. What exactly is JFD founder Lars Gottwik’s new startup TRADANTS all about? And how…

Read More “FX week in review: TRADANTS and BankPro launches, Crypto scam arrests, FlowBank raises $11M” »

Ex-Citi Forex trader Rohan Ramchandani has secured a small win in the lawsuit against his former employer, as he gained access to a heavy volume of documents related to the Department of Justice (DOJ) investigation of suspected FX spot market manipulation. Let’s recall that Ramchandani brought this action against Citibank, his former employer. The Complaint…

Read More “Citi ordered to produce material related to DOJ FX spot market investigation” »

Investment bank and financial services firm Jefferies Financial Group Inc (NYSE:JEF) has estimated that its maximum exposure to loss as a result of its involvement with FXCM Group, LLC is limited to $109.5 million. This becomes clear from the report for the quarter to end-August 2021 Jefferies filed with the Securities and Exchange Commission (SEC)…

Read More “Jefferies estimates max loss exposure due to FXCM involvement at $109.5M” »

CMC Markets Plc (LON:CMCX), a major provider of online trading and institutional technology solutions, today reported transactions in its shares by senior managers. Euan William Marshall, Chief Financial Officer of CMC Markets, acquired 108 shares at a price of 275p per share. The transactions were executed on October 5, 2021. David John Fineberg, Deputy Chief…

Read More “Euan Marshall, David Fineberg acquire shares in CMC Markets under incentive plan” »

Electronic trading major Interactive Brokers Group, Inc (NASDAQ:IBKR) has expanded the lineup of products available to trade on the IBKR platform. Below is a list of the new additions: Cboe Global Markets Mini-Russell 2000 Index Options (MRUT) CME Group E-mini Nasdaq-100 Monday Weekly Options (Q1A – Q5A) E-mini Nasdaq-100 Wednesday Weekly Options (Q1C – Q5C)…

Read More “Interactive Brokers makes new products available on IBKR platform” »