Tag: forex-news

The defendants in the antitrust tranche of a multi-district litigation concerning the January short squeeze have responded to the amended complaint filed by the plaintiffs in this case. Let’s recall that, according to the plaintiffs, this case is about individual investors who invested their money in the stock market and were stripped of their rights to…

Read More “Citadel, Apex, IBKR, Robinhood oppose conspiracy claims in short squeeze lawsuit” »

The UK Serious Fraud Office (SFO) today provided an update on its investigation into London Capital and Finance Plc (LCF). The SFO says it continues to investigate the dealings of London Capital and Finance Plc and associated companies. The body thanks to those victim investors who the SFO has asked to make formal witness statements….

Read More “UK SFO continues to investigate London Capital & Finance dealings” »

BNY Mellon is expanding its Custody FX offering, adding new trading capabilities and pivoting from a primarily custody-focused service model into a transparent open architecture that can be leveraged by a variety of client types for their rules-based, end-to-end transaction needs. Effective immediately, clients in BNY Mellon’s FX trading programs can customize how they trade…

Read More “BNY Mellon expands Custody FX offering by adding FX algo capabilities” »

The UK Financial Conduct Authority (FCA) today confirmed that it has issued a warning notice to an individual over market abuse. The FCA considers that the individual, who was a member of the board of directors of a listed company, negligently engaged in market abuse by unlawfully disclosing inside information contrary to Article 14(c) of…

Read More “FCA warns Board member of listed co over market abuse” »

Public.com today announced the addition of crypto trading to its offering. Members will be able to buy, sell, and hold crypto assets in the same app they use to manage their stock market portfolios. The offering will be rolled out to eligible members gradually over the next several weeks. Members can now explore ten cryptos…

Read More “Public.com launches crypto trading” »

TechFinancials today announces it has entered into a Share Purchase Agreement to sell its 99.84% owned subsidiary, Cedex Holdings Limited, to Lem Management Limited. According to the terms of the Agreement, TechFinancials will be entitled to future consideration upon Lem Management succeeding to raise US$20 million in a single or series of related transactions, for…

Read More “TechFinancials to sell Cedex to Lem Management” »

Online trading company eToro is seeking to improve users’ experience, so it has updated the way withdrawals are done. Traders are now able to choose a destination payment method during the withdrawal process, out of the possible ones for the requested amount. Only available methods for the funds requested will be shown. If there are…

Read More “eToro enhances withdrawal process” »

Financial services connectivity solutions provider Transaction Network Services (TNS) has announced that it is expanding its Managed Hosting solution, to enable firms wanting to co-locate and directly access the Euronext exchange matching engine to seamlessly move trading operations from Basildon to Bergamo. Euronext is planning to migrate its primary datacentre and related colocation services to…

Read More “TNS expands Managed Hosting to Bergamo IT3 for Euronext access” »

The Vice Chairman of the Swiss National Bank’s Governing Board, Fritz Zurbrügg, will have a cardiac procedure at the end of this week, the SNB confirmed today. The procedure has been planned for some time. He will resume his official duties after a period of convalescence lasting a few weeks. Fritz Zurbrügg was born in…

Read More “SNB Vice Chairman Fritz Zurbrügg to take medical leave” »

Saxo Bank, the online trading and investment specialist, has today published its Q4 2021 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting investors and markets. “The size and nature of the pandemic policy response will show that this…

Read More “Saxo Q4 Outlook: This Time, Inflation Outcomes Will Be Different” »