Category: forex news

Online gaming tech giant Playtech (LON:PTEC) has released its financial and operating results for the first half of 2021, which included some interesting information regarding its for-sale Financials division Finalto. Finalto includes the group’s B2B institutional FX business (formerly Alpha Capital Markets and CFH Group), and the Markets.com Retail FX and CFDs brand. First, regarding…

Read More “Finalto revenues down 8% in 1H-2021 to €32M, sale to Gopher “ongoing”” »

The United States Financial Industry Regulatory Authority (FINRA) has suspended a former representative of Transamerica Financial Advisors, Inc. over his engagement of outside business activities involving cryptocurrencies. Marceliano Macias first became registered with FINRA in 2020. He was registered as an Investment Company and Variable Contracts Products Representative through an association with Transamerica Financial Advisors,…

Read More “FINRA suspends former Transamerica rep for cryptocurrency activities” »

The Central Bank of Russia has announced the appointment of administrators to investment company QBF LLC for a period of three months. The reason for the regulatory decision is that the company has failed to meet its obligations to its creditors. The company has also failed to inform the central bank about any circumstances related…

Read More “Russian c-bank appoints administrators to QBF LLC” »

Electronic trading major IG Group Holdings plc (LON:IGG) has just posted the results of the Annual General Meeting (AGM) held earlier today. All resolutions put to vote were approved by the shareholders. The list of resolutions included, among other things, the (re-)election of directors, as well as an advisory vote on the Directors’ Remuneration Report….

Read More “IG Group shareholders approve all resolutions at AGM” »

Swiss online trading firm Swissquote has further expanded its cryptocurrency offering via the addition of Solana (SOL). This is the 24th crypto available on Swissquote. SOL is the blockchain Solana’s native token. Offering record speed and transaction cost, this cryptocurrency is shaping up to be one of the phenomena of 2021. Founded by a former Qualcomm…

Read More “Swissquote adds Solana to its crypto offering” »

The Board of IG Group Holdings plc (LON:IGG) announces that Wu Gang, Non-Executive Director of the Company, has today been appointed as a non-executive director of Tritax Big Box REIT Plc. The appointment is with effect from October 1, 2021 . Wu Gang has a strong strategic and financial advisory background and a wealth of…

Read More “IG’s Wu Gang gets appointed as director of Tritax Big Box REIT” »

Broker tech provider HokoCloud has announced that it has partnered with Retail FX firm Multibank Group, to enable MultiBank to include social trading in its portfolio of offerings. The HokoCloud solution will allow clients of Multibank to leverage HokoCloud’s copy trading platform to discover the top trading strategies of experienced traders, based on their ratings,…

Read More “MultiBank adds social/copy trading with HokoCloud platform” »

FNG Exclusive… FNG has learned that Carlota Parages-Torres has joined trading solutions provider Broadway Technology in London as Director Of Business Development. Carlota Parages-Torres had been with Bloomberg LP for 20 years, and was most recently in charge of Electronic Trading Solution Sales to Tier-1 UK Asset Managers. She had also previously worked in Repo…

Read More “Exclusive: Longtime Bloomberg exec Carlota Parages-Torres joins Broadway for Bus Dev” »

La Banque Postale, one of the leading French banks active in retail banking, insurance, corporate and investment banking, and asset management, has joined Eurex Repo’s GC Pooling market after being live on Eurex Repo’s Special market since 2020. This move will allow La Banque Postale access to further deep liquidity pools via this cost-efficient and…

Read More “La Banque Postale joins Eurex Repo’s GC Pooling market” »

A lawsuit brought by former Citi FX trader Rohan Ramchandani against his ex-employer continues at the New York Southern District Court. Now, Citi is seeking the assistance of the Department of Justice (DOJ), as the bank attempts to dismiss Ramchandani’s claims. On September 21, 2021, Citi filed a Letter in the Court, seeking an order…

Read More “Citi seeks DOJ’s assistance to fight former FX trader case” »