The European Securities and Markets Authority (ESMA) today published a call for evidence on a number of retail investor protection topics under MiFID II. The regulator notes the retail investment frenzy relating to certain stocks that was observed in January and February this year (‘GameStop case’) which has raised concerns around the provision of execution…
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Electronic trading major IG Group Holdings plc (LON:IGG) has received notification on 29 September and 1 October 2021 that Charlie Rozes, CFO of the broker, bought 4,000 ordinary shares of 0.005p each. Mr Rozes bought 2,000 shares on September 29th and 2,000 shares on October 1st at a price per share of £7.95 and £8.00…
Payment technology services provider Nuvei Corp (TSE:NVEI) today announced the appointments of Max Attias as Group Chief Technology Officer, fintech industry veteran Guillaume Conteville as Chief Marketing Officer and transformational human resources leader Nikki Zinman as Chief People Officer. Max Attias
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key performance metrics for September 2021. The broker reported 2.260 million Daily Average Revenue Trades (DARTs) for September 2021, 16% higher than prior year and 4% higher than prior month. Ending client equity amounted to $353.8 billion, 52% higher than prior year and…
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Mark Scott, a Florida lawyer accused of aiding the fraudulent cryptocurrency scheme OneCoin, is pushing for a new trial. Counsel for the defendant filed a letter with the New York Southern District Court on October 1, 2021, explaining that Mr Scott plans to move for a new trial in view of recently obtained evidence of…
The UK Financial Conduct Authority (FCA) today issued a Warning Notice Statement regarding three individuals involved in a £5.9 million fraudulent scheme. The regulator confirms that it gave each of the three individuals a warning notice proposing to take action (including the proposed imposition of financial penalties) in respect of their misconduct: An individual working…
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The Utah District Court has finally closed a case brought by the Commodity Futures Trading Commission (CFTC) against unregistered Forex broker JAFX. Let’s recall that the case was launched in July 2018. The CFTC Complaint alleged that, from at least September 2016 and continuing to the summer of 2018, JAFX operated as a retail foreign…
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BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage and financial technology company, today reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2021. Revenues are forecast to be in the range of $465 – $515 million, whereas pre-tax adjusted earnings are set to range from $78 million…
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Nasdaq, Inc. (NASDAQ:NDAQ) today announced the appointment of Toni Townes-Whitley to its Board of Directors. Ms Townes-Whitley is the former President of U.S. Regulated Industries at Microsoft where she led the company’s sales strategy, execution, and P&L across a $16 billion portfolio of U.S. Financial Services & Insurance, Healthcare & Life Sciences, Federal, State &…
Digital infrastructure company Equinix, Inc (NASDAQ:EQIX) today opened a new International Business Exchange™ (IBX) data center in Frankfurt, Germany. Located in the west of the city, the new site, named FR8, helps Equinix meet the growing need for private connectivity and digital infrastructure in Germany, and supports enterprises across all sectors with their digital transformation…
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