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New Zealand’s Financial Markets Authority (FMA) has filed proceedings against two individuals for alleged insider trading in relation to the sale of shares in Pushpay Holdings Limited (NZX:PPH). One individual faces a criminal charge, filed in the Auckland District Court, and both individuals face civil proceedings, filed in the Auckland High Court. In June 2018,…

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The Department of Justice (DOJ) announces that two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately $4.5 billion. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, both of New York, New York, are scheduled to…

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The European Commission has today adopted a decision to extend equivalence for UK central counterparties (CCPs) until 30 June 2025. This decision will ensure the European Union’s financial stability in the short-term. In addition, the Commission has also launched today a targeted public consultation and a call for evidence on ways to expand central clearing…

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ADVFN plc (LON:AFN), a global stocks, shares and crypto information website providing financial tools and data to private investors, announces that its Board has concluded its strategic review of the company’s options. Accordingly the Board has ended the “formal sale process” of the company which it had commenced previously. ADVFN is no longer in an…

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Provider of payments and financial services technology Fiserv, Inc. (NASDAQ:FISV) today reported financial results for the fourth quarter and full year 2021. GAAP revenue for the company increased 11% to $4.26 billion in the fourth quarter of 2021 compared to the prior year period, with 18% growth in the Acceptance segment, 4% growth in the…

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Cboe Global Markets today announced it successfully migrated MATCHNow to Cboe technology on February 1, 2022. Along with this technology migration, Cboe has launched Cboe BIDS Canada, bringing a new and enhanced block-trading offering to the Canadian equities market. MATCHNow is Canada’s largest equities dark pool, offering execution for institutional, proprietary and retail orders by…

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Virtu Financial, Inc. (NASDAQ:VIRT) today reported results for the fourth quarter ended December 31, 2021. Total revenues increased 4.3% to $705.6 million for this quarter, driven primarily by higher trading volumes in U.S. equities, compared to $676.7 million for the same period in 2020. Trading income, net, increased 1.6% to $513.4 million for this quarter,…

Read More “Virtu reports slight rise in trading income for Q4 2021” »

StoneX Group Inc. (NASDAQ: SNEX), a diversified global brokerage and financial services firm, has announced its financial results for the fiscal year 2022 first quarter ended December 31, 2021. Operating revenues derived from FX/CFD contracts increased $12.4 million, or 21% to $72.2 million in the three months ended December 31, 2021 compared to $59.8 million…

Read More “StoneX registers 21% Y/Y increase in FX/CFD revenues in Q1 FY22” »

Beeks Financial Cloud Group Plc (LON:BKS), a cloud computing and connectivity provider for financial markets, announces  the signing of a £2.5 million contract extension over three years with an existing Tier 1 customer. The contract is for the provision of private cloud services into an additional geography. This follows the announcement last week of a…

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The legal action brought by the United States Commodity Futures Trading Commission (CFTC) against GNTFX operator Casper Mikkelsen continues at the New York Southern District Court. Mikkelsen is charged with engaging in an FX fraud scheme and registration violations. The regulator has pushed for a default judgment against the Forex fraudster and is now seeking…

Read More “CFTC insists on $3.6M fine for Forex fraudster Casper Mikkelsen” »