A lawsuit brought by the United States Commodity Futures Trading Commission (CFTC) against former HSBC executive Christophe Rivoire, who is accused of market manipulation, has spread to Hong Kong. Christophe Rivoire is now seeking the assistance of the judicial authorities of Hong Kong in obtaining necessary witness testimony from non-party Stephan Tsang, who in 2012…
Read More “CFTC action against former HSBC exec reaches Hong Kong” »
The United States Commodity Futures Trading Commission (CFTC) today filed and settled charges against Citibank, N.A. and Citigroup Global Markets Limited for failing to comply with certain swap dealer requirements for reporting Legal Entity Identifier (LEI) information to a swap data repository (SDR) and related supervision failures. The order also charges Citi for violating the…
Read More “CFTC imposes $1M fine on Citi for swap data reporting violations” »
Online brokerage Questrade today announces the launch of QuestMobile, an easy-to-use trading app designed for anyone who wants to invest in the stock market. The app makes it easy for investors to trade, research, and move their money through an intuitively designed interface. Clients can monitor how their portfolio is doing on-the-go, while keeping an…
Automated crypto trading platform provider Coinrule has announced a $2.2 million seed funding round, following a crowdfunding raise of £531,000 on Seedrs late last year. Coinrule said that a range of tech founders and investors participated in the round including Fitbit founder James Park, and Twitch founder Kevin Lin. Other investors include Matteo Franceschetti’s Superfund…
Read More “Crypto auto/copy trading firm Coinrule raises $2.2M” »
Cryptocurrency exchange Binance today announced changes to its offering in Singapore. With effect from October 26, 2021, clients in Singapore will not be able to access certain functions on Binance.com including fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels and liquid swap. Users in Singapore are advised to cease…
Read More “Binance to stop offering spot crypto trading in Singapore” »
Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and COFCO Futures Co., Ltd, a prominent mainland China clearing broker, have entered into an agreement to provide connectivity to the Chinese derivatives markets through the TT platform. COFCO will support access to trade the internationalized commodity futures…
Read More “Trading Technologies partners with COFCO Futures” »
Worldline SA (EPA:WLN), an expert in the area of payment and transaction services, today introduces WL Account-Based Payments, an account-to-account (A2A) payment offering allowing online businesses to launch their own custom-branded payment method. Worldline’s solution is built with open banking technology which allows third parties to access consumer banking information previously controlled by banks. The…
Read More “Worldline to enable online businesses to launch their own payment method” »
Online trading company City Index, part of StoneX Group, offers its clients to trade its Remote Economy index. The Remote Economy index features 20 US companies who thrived through pandemic-enforced lockdowns. The list of top-weighted constituents includes: eBay, Electronic Arts, Activision Blizzard, Amazon, and Netflix. Each thematic index represents a themed group of US-listed equities….
Read More “City Index offers clients to trade its Remote Economy index” »
Beeks Financial Cloud Group PLC (LON:BKS), a cloud computing and connectivity provider for the financial markets, today provided a trading update, following recent significant contract wins, including the first for the newly launched Proximity Cloud offering. The Group has continued to successfully deliver against its strategic objectives, achieving record sales in excess of $5 million…
Read More “Beeks forecasts FY22 revenues to be ahead of market expectations” »
Bank of Ireland today announces that Myles O’Grady intends to step down as Group Chief Financial Officer and Executive Director of Bank of Ireland Group plc. He is taking up a senior finance role in an organisation outside the financial services sector. Myles O’Grady
