BGC Partners, Inc (NASDAQ:BGCP) announces the appointment of Arthur U. Mbanefo to serve as a member of the Board for a term to expire at the 2021 Annual Meeting of Stockholders of the company, or until his successor is duly elected and qualified. Mr Mbanefo was also appointed to the Audit, Compensation, and Environmental, Social…
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FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker BDSwiss has hired Daniel Takieddine as its Senior Executive Officer in Dubai, and CEO of BDSwiss MENA. Daniel Takieddine joins BDSwiss from rival Cyprus based broker FXPRIMUS, where he was also Head of the FXPPRIMUS Dubai office. He had joined FXPRIMUS in…
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Online trading app Robinhood has made another attempt to dismiss a lawsuit about its allegedly spammy refer-a-friend marketing campaign. As FX News Group has reported, Cooper Moore has taken Robinhood to Court after he received an unsolicited message encouraging him to invest with the company. Moore explains that, to attract new customers, Robinhood recruits its…
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Multi-asset trading and investment specialist Saxo Bank is planning some enhancements to its OpenAPI, the backbone of trading platforms such as SaxoTraderGO. From November 2021, Saxo plans to introduce Extended AssetTypes. To facilitate a better separation of instruments with different properties, Saxo Bank has decided to redefine the AssetType enumeration. Currently, the developers team will…
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The defendants in the antitrust tranche of a multi-district litigation concerning the January short squeeze have responded to the amended complaint filed by the plaintiffs in this case. Let’s recall that, according to the plaintiffs, this case is about individual investors who invested their money in the stock market and were stripped of their rights to…
Read More “Citadel, Apex, IBKR, Robinhood oppose conspiracy claims in short squeeze lawsuit” »
Italy’s Companies and Exchange Commission (CONSOB) today announces that it has ordered the blocking of access to six more websites that offer financial services without having the necessary license to do so. The list of entities targeted by the latest set of orders includes: “FinoMarkets” (website www.finomarkets.com); Sealtd Ltd (website www.sealtd.io and related pages https://trading.sealtd.io…
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BNY Mellon is expanding its Custody FX offering, adding new trading capabilities and pivoting from a primarily custody-focused service model into a transparent open architecture that can be leveraged by a variety of client types for their rules-based, end-to-end transaction needs. Effective immediately, clients in BNY Mellon’s FX trading programs can customize how they trade…
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The UK Serious Fraud Office (SFO) today provided an update on its investigation into London Capital and Finance Plc (LCF). The SFO says it continues to investigate the dealings of London Capital and Finance Plc and associated companies. The body thanks to those victim investors who the SFO has asked to make formal witness statements….
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Public.com today announced the addition of crypto trading to its offering. Members will be able to buy, sell, and hold crypto assets in the same app they use to manage their stock market portfolios. The offering will be rolled out to eligible members gradually over the next several weeks. Members can now explore ten cryptos…
The UK Financial Conduct Authority (FCA) today confirmed that it has issued a warning notice to an individual over market abuse. The FCA considers that the individual, who was a member of the board of directors of a listed company, negligently engaged in market abuse by unlawfully disclosing inside information contrary to Article 14(c) of…
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