Category: forex news

Brokerage house StoneX is apparently looking to increase its footprint with online retail traders, and has acquired a majority interest in Dublin, Ireland based fintech company Chasing Returns. The Irish Times has reported that StoneX (NASDAQ:SNEX), which took over retail trader focused brokerages Forex.com and City Index as part of its $236 million acquisition of…

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Cyprus financial regulator CySEC has issued a warning (see full text below) that a website hosted in India is set up as an imposter (or, if you prefer a different but also correct spelling, impostor) of its own main site. The imposter website, cysecgov.com, is a scam which for whatever reason is only showing CySEC…

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New Zealand’s Financial Markets Authority (FMA) today announces that it has commenced civil High Court proceedings against Matthew Geoffrey Hill, the Chief Executive Officer of NZX-listed New Talisman Gold Mines Limited (NTL), for alleged information-based market manipulation and making false and misleading representations. The case relates to anonymous posts Mr Hill allegedly made about the…

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Monex, Inc, the Japanese online trading subsidiary of Monex Group, Inc (TYO:8698), today announced that per-trade commissions for Japanese equity margin trades of ¥1,000,000 or more will be reduced by up to 65%. The change is effective Monday, August 23, 2021. Monex will lower per-trade margin trading commissions for orders of more than ¥1,000,000 to…

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Anna Manz, Chief Financial Officer of London Stock Exchange Group plc (LSEG) was granted an award over shares in the company on 10 August 2021. Consistent with the Company’s approved Remuneration Policy, and as set out in its announcement on 25 June 2020, the Company agreed to make the Award to compensate Ms Manz for…

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Intercontinental Exchange, Inc (NYSE:ICE) and risQ, a Boston-based startup focused on geospatial climate, economic and demographic data, today announced the launch of a new data service that aims to allow users to understand and score the potential social impact of an investment. With the broader adoption of ESG and sustainable investing by more companies and…

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Proxy server networks specialist MT Proxy and FX broker tech provider Centroid Solutions have announced that they have launched a global strategic partnership. Together, the two companies said they will help forex brokers find the best technology to meet their business needs – whether that’s greater connectivity, lower latency, faster trade execution, better risk management,…

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London and Luxembourg based cryptocurrency exchange Bitstamp has announced that it has appointed Internet and marketing veteran Barbara Daliri as the company’s first Chief Growth Officer for its global business. In her role, Barbara Daliri will be leading Bitstamp’s sustainable global growth and go-to-market approach, as well as supporting the rapid increase in customer engagement…

Read More “Crypto exchange Bitstamp hires Google/Netflix alum Barbara Daliri as CGO” »

SBI Ripple Asia Co., Ltd today announces that it has partnered with Global Money Express Co., Ltd (GME), a leading South Korean money transfer company, and launched a DLT-based money transfer business between South Korea and the Kingdom of Thailand. SBI Ripple Asia has been promoting payment platforms in Asia, including South Korea and Japan…

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Jersey City, NJ based institutional crypto trading platform startup CrossTower is continuing to turn to “old” Wall Street firms to build out its management team. After the company recently added NASDAQ and Cboe vet Bryan Christian as Global Head of Exchange, CrossTower has announced the appointment of Cory Thackeray, CA CPA, as Chief Financial Officer….

Read More “CrossTower adds Goldman/State Street alum Cory Thackeray as CFO” »