Category: forex news

The U.S. Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the Northern District of Georgia entered an order granting the CFTC’s motion for entry of default judgment against defendants Silver Star FX, LLC d/b/a Silver Star Live (SSL), a former New Mexico limited liability company, Silver Star Live Software LLC…

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As a large-scale “short squeeze” lawsuit continues at the Florida Southern District Court, a number of online trading companies have been dismissed from the antitrust tranche of the case. This is made clear by a set of documents filed by a counsel for the plaintiffs on August 24, 2021. The documents, seen by FX News…

Read More “Ally Financial, Webull, tastyworks among brokers dismissed from short squeeze lawsuit” »

Online broker eToro has made efforts to make its website and applications more accessible. The website of the company has been enhanced, so that it is now more accessible for visually-impaired people. Visitors can configure the content on eToro’s website to make it more readable by tapping the accessible widget on the bottom right-hand corner…

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About two months after warning regarding Binance Markets Limited, the UK Financial Conduct Authority (FCA) has provided an update on the matter. A brief notice published by the regulator today states that Binance has complied with all aspects of the requirements imposed by the FCA. Let’s recall that, in June, the FCA said Binance Markets…

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Provider of online multi-asset trading services, currency data and analytics, OANDA announces the appointment of industry leader Karl Roessner to its Board of Directors. He will serve as a Non-Executive Director, adding a wealth of industry-specific expertise to the firm’s advisory team from his base in New York. Currently CEO of Lefteris Acquisition Corp, Mr…

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OANDA and GAIN Capital have agreed on rigid restrictions regarding access to source code, as the patent infringement lawsuit brought by OANDA continues at the New Jersey District Court. Let’s recall that, in this lawsuit, OANDA alleges that GAIN infringes two of its patents, U.S. Patents No. 7,146,336 (the ʼ336 Patent) and 8,392,311 (the ʼ311…

Read More “OANDA, GAIN Capital agree on access to source code in patent lawsuit” »

Exchange services group Aquis Exchange plc (LON:AQX) today announced the appointment of Daniel (Danny) Lopez to the board of its subsidiary, Aquis Stock Exchange (AQSE). Mr Lopez will an independent non-executive director (NED) of AQSE. His appointment has received approval from the FCA. Mr Lopez brings a deep knowledge of next-generation technology to AQSE, with…

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Online brokerage firm FXCM Group has announced the addition of Australian shares to its fast-growing, commission-free Single Share CFD offering. Starting from trade sizes as small as 1/10th of a share, FXCM clients can now speculate on the growth or decline of Australian listed firms without incurring the hefty commission and data subscription fees charged…

Read More “FXCM adds Australia single share CFDs” »

Effective September 15, 2021, Cboe Options Exchange (C1), C2 Options Exchange (C2), BZX Options Exchange (BZX), and EDGX Options Exchange (EDGX) will begin supporting enhanced price sliding for Market-Maker (MM) quotes. Currently, MM quotes are rejected when entered at a price that crosses the contra side NBBO. MM quotes that lock the contra side NBBO…

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Deutsche Börse Group’s post-trade services provider Clearstream has obtained the CSDR licence for banking services for Clearstream Banking AG, its German central securities depository (CSD). The licence was granted by the German Federal Financial Supervisory Authority BaFin pursuant to Art. 54 CSDR (banking services). The authorisation is effective as of 24 August 2021. The Central…

Read More “Clearstream achieves full CSDR compliance across its CSDs” »