Moscow Exchange (MOEX) will expand lineup of international stocks. Today, the Exchange announces that, effective September 1, 2021, it will admit 77 foreign stocks to trading, including shares Alcoa Corp., Fox Corporation, The Hershey Company, etc. As a result, the number of shares and depositary receipts of foreign issuers available for trading on Moscow Exchange…
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Online trading company eToro is introducing a new feature to its clients – recurring deposits, an option to set up automated deposits to one’s account. Traders get to decide the amount of money and the currency, and then schedule their deposits using a credit/debit card that has already been connected to their eToro account. To…
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Cyprus financial regulator CySEC has issued a notice (see full text below) that it has decided to recall its decision for the partial suspension of the Cyprus Investment Firm (CIF) license of Indication Investments Ltd. Indication Investment operates the Libertex retail FX brand, at website libertex.com. As we reported at the beginning of August, CySEC…
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FNG Exclusive… FNG has learned that ETX Capital, continuing on its recent hiring spree, has added Andrea Di Blasio as the company’s new Head of Quant Trading. Andrea Di Blasio holds a PhD in Mathematics from EPFL (École Polytechnique Fédérale de Lausanne). He worked previously at Swissquote (2019-2020) as eFX Quantitative Analyst , and then…
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Global Retail FX and CFDs broker Admirals has sent out a note to clients, warning them of potentially increased volatility in currency pairs involving the Swiss Franc (CHF). Admirals stated that due to increased speculation around potential Swiss National Bank actions in financial markets in the weeks ahead, there may be an increase in market…
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The United States Securities and Exchange Commission (SEC) is close to the end of its action against Coinseed, Inc. and its founder and chief executive Delgerdalai Davaasambuu. Earlier today, Judge Paul G. Gardephe of the New York Southern District Court signed an order of default against Coinseed and its founder. The Judge said that an…
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The Department of Justice (DOJ) confirmed today that 25-year old Forex trader Kelvin Ramirez has pleaded guilty to wire fraud. The trader, who falsely claimed he was successful, faces a maximum penalty of 20 years in prison. Ramirez pleaded guilty today in the Southern District of Texas to defrauding investors that he solicited via social…
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The Chairman of the Governing Board of the Swiss National Bank, Thomas Jordan, had to undergo a medical procedure at the weekend, which proved necessary following a preventive check-up, SNB has confirmed. The operation was successful and Thomas Jordan is in a good condition. He will be able to devote himself fully to SNB official…
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XREX, a Taipei based crypto-fiat fintech company driving financial inclusion via blockchain, has announced that it has closed its $17 million Pre-A round, which was oversubscribed by 200%. XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets. Led by CDIB…
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JP Morgan Clearing Corporation, now known as JP Morgan Securities LLC, has agreed to pay a fine of $300,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). The settlement stems from the firm’s alleged violations of Regulation SHO. The Securities and Exchange Commission (SEC) adopted Regulation SHO to address concerns…
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