Author: admin

What Retail FX brand did Axiance replace? Which former MetaQuotes executive did Match-Trade hire to run its new Cyprus office? Who is the new CMO at Equiti Group? Which former TIOMarkets executive was named CEO of USGFX’s UK operation? Answers to these questions and a whole lot more (XTX Markets’ amazing 2020 results, StoneX’s latest…

Read More “FX week in review: Axiance launch, Match-Trade in Cyprus, hires at Equiti and USGFX” »

Saxo Markets, the online trading and investment specialist that connects people to investment opportunities in global capital markets, announces a suite of price reductions designed to provide Australian investors lower costs when trading ASX and US equities. Starting from today, Saxo will lower its minimum commission to AUD 5, down from AUD 6.99 for ASX…

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Japanese FX, CFD and stock brokerage Rakuten Securities, a subsidiary of Internet services provider Rakuten Inc (TYO:4755), will start providing additional information about US ETFs to its clients from August 15, 2021. The company announces that the enhancements are made in response to customer requests. Users will notice expanded investment information on the individual stock page…

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Euronext has announced that the name of the Portuguese benchmark national index will change from PSI 20 to PSI. The index methodology will also be adjusted in order to improve the liquidity and efficiency of the index and to better meet users’ needs. The adjustments to the PSI index methodology will include determining a minimum…

Read More “Euronext changes Portugal’s benchmark national index methodology” »

The Board of Directors of Credit Suisse Group AG is calling an Extraordinary General Meeting (EGM) for October 1, 2021. The EGM will put to a vote proposals for the election of Axel P. Lehmann and Juan Colombas as new non-executive members of the Board. Subject to their elections, the Board intends to appoint Axel…

Read More “Credit Suisse proposes Axel P. Lehmann, Juan Colombas as Board members” »

TF Global Markets (Aust) Limited and ACG Management Solutions LLC (collectively, “ThinkMarkets”) and James Sorenson, who are embroiled in a trade secrets lawsuit in the United States, have provided a status update to the Illinois Northern District Court. According to the Joint Status Report, filed on August 12, 2021, and seen by FX News Group,…

Read More “ThinkMarkets agrees to discovery stay in lawsuit against ex-employee” »

Hong Kong Exchanges and Clearing Limited (HKEX) plans to launch physically settled Options on Futures Contracts (OOF) on Hang Seng Index Futures and Hang Seng China Enterprises Index Futures. These new contracts will further enhance HKEX’s derivatives product suite and add to the breadth and depth of Hong Kong’s markets. These new OOF will be…

Read More “HKEX to expand further derivatives product suite” »

FNG Exclusive… FNG has learned that longtime Retail FX industry executive Rob Woolfe has joined the board of CFDs and Financial Spread Betting broker Capital Index, a company he once headed as CEO. Rob Woolfe has been involved in the Retail FX and online trading sector for more than a decade and a half. He…

Read More “Exclusive: Rob Woolfe joins board of Capital Index” »

Shares of FCA-regulated retail FX and CFDs broker Plus500 traded down by 4.5% on Monday, after the company issued a Q2 Trading Update. Plus500 shares actually fell by about 14% at the open yesterday, before recovering some of the losses. So what had Plus500 shareholders and traders in a knot? Plus500’s Trading Update was in…

Read More “Plus500 shareholders punish company for not hedging, shares off 4.5%” »

With technical development on the core platform now complete, testing and scaling for full operations underway, the SIX Digital Exchange (SDX) awaits regulatory approval and readies itself for growth. As part of this preparation, Tim Grant will stand down and hand over the reins to David Newns, an international capital market expert with a strong…

Read More “SIX Digital Exchange gets ready for next development stage” »