The lawsuit brought by ex-Citi Forex trader Rohan Ramchandani against his former employer for alleged malicious prosecution continues at the New York Southern District Court. The parties keep arguing about discovery, as indicated by an exchange of letters between Ramchandani and Citi this week. In a letter filed with the Court on March 18, 2022,…
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Geneva, Switzerland based Retail FX and CFDs broker Dukascopy has issued a statement that it regrets to inform its card holders about the decision of “Issuer Company” to stop issuance and support of all client cards issued in frame of partnership with this company. The action of Issuer Company was taken without a preliminary note…
Read More “Dukascopy card issuer stops support due to alleged Russia connections” »
Which Retail FX broker saw former CySEC Chair Demetra Kalogerou join its board of directors? Who did BDSwiss name as its new CEO? Which senior executives of FX broker tech solutions provider Your Bourse are relocating to Cyprus, as the company opens a new Limassol office? Who is the latest executive hire at Rostro Financial,…
The Australian Securities ad Investments Commission (ASIC) has published an information sheet about discussing financial products and services online. It outlines how the law applies to social media influencers, and the licensees who use them. ASIC Commissioner Cathie Armour said, ‘The way investors access information is changing. It is crucial that influencers who discuss financial…
Read More “ASIC tells social media influencers and licensees to comply with fin services laws” »
Markets infrastructure and data solutions provider TP ICAP (LON:TCAP) has announced that it will launch an electronic Foreign Exchange trading platform in Singapore, with support from the Monetary Authority of Singapore (MAS). The platform, which will use TP ICAP’s Fusion interface, will initially offer trading in Asian 1-Month Non-Deliverable Forwards (NDFs) and will be expanded…
Read More “TP ICAP launches Fusion FX electronic trading platform in Singapore” »
Deutsche Bank (China) Co., Ltd has successfully set up connectivity with the Beijing branch of China Securities Depository and Clearing Corporation (CSDCC). This way, Deutsche Bank will facilitate Qualified Foreign Institutional Investor access to stocks listed in the latest established exchange in China, Beijing Stock Exchange. “We’re proud to bring our market-leading global custody services…
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The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) today issued a warning to consumers about crypto-assets. These are not suited for most retail consumers as an investment or as a means of payment or exchange, the regulators say. Consumers face the very real possibility of losing all their invested money if they…
Read More “EU financial regulators warn consumers about risks of crypto-assets” »
OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced that it has signed a definitive agreement to acquire the assets of Blue Sky Data Corp, a leading provider of equity and debt compliance data regarding state “Blue Sky” securities rules and regulations. The transaction, which is subject…
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Hong Kong Exchanges and Clearing Limited (HKEX) announces it has named Ms Yang Qiumei as Managing Director, Advisor to the CEO. In her new role, Ms Yang will work alongside HKEX’s Mainland Development and Client Development teams, to support the Executive on various Mainland China initiatives, as well as oversee the Group’s Mainland China subsidiaries….
Read More “HKEX appoints Yang Qiumei as Managing Director, Advisor to CEO” »
The Cyprus Securities and Exchange Commission (CySEC) is seeking public feedback to expand its innovation-related work. To help encourage responsible innovation, CySEC has today launched a call for views on establishing a Regulatory Sandbox that will allow innovators to test new products and services. Views and evidence on the scope of such a Regulatory Sandbox…
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