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The Joint Special Administrators of Reyker Securities have provided an update to clients of the company. Despite extensive efforts to trace and notify Clients of the JSAs’ intention to close the Client Money Pool, there are over 800 Clients (previously 900) with Client Money totalling about £1 million yet to submit a claim and new…

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Italy’s Companies and Exchange Commission (CONSOB) has ordered the blackout of 28 new pages/websites that abusively offer financial services. The intervention follows a report from the Finance Police. Consob and the Finance Police have agreed to continue and intensify the collaboration related to this subject. To this purpose it was decided the institution of a…

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FNG Exclusive Interview… Continuing our series of conversations with leading figures in the Retail FX sector, we’re pleased to speak today with Hisham Mansour, Founder and Managing Director at UAE based CFI Financial Group Holding Limited. FNG: Hi Hisham, and thanks for joining us today. Please let us know a little more about CFI, its…

Read More “Exclusive: Hisham Mansour of CFI on retail trading, cryptos, expansion, CX, and more” »

Electronic trading major Interactive Brokers continues to expand its offering with dozens of new funds families made available at the Mutual Funds Marketplace recently. The Interactive Brokers Mutual Funds Marketplace provides clients from over 200 countries and territories with access to more than 45,000 funds from 475 fund families, including Allianz, American Funds, BlackRock, Fidelity,…

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Intercontinental Exchange, Inc. (NYSE:ICE) today announced that ICE Benchmark Administration Limited (IBA) plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022. The launch follows the successful publication by IBA of GBP SONIA Spread-Adjusted settings on an indicative, ‘Beta’…

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DeFinity, an institutional digital asset ECN and DeFi marketplace for fiat FX, Cryptocurrencies and Central Bank Digital Currencies, has announced a new partnership with with Cobalt, a market infrastructure provider focused on re-engineering the institutional FX and digital asset markets to facilitate real-time clearing, settlement and dynamic risk and credit management. The combined technology of…

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CME Group has posted a notice of summary action as to Marex Spectron International Limited. On three occasions in September 2021, Marex Spectron International Limited did not report block trades in a timely manner to the Exchange. These block trades were executed in October 2021 RBOB Gasoline Futures. Pursuant to Rule 512, a fine in…

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The United States Securities and Exchange Commission (SEC) and former Nomura trader Michael Gramins continue to make meaningful progress in settlement discussions. This becomes clear from a status report filed by the regulator on December 22, 2021, in the New York Southern District Court. Let’s recall that, in this case, the SEC targets Ross Shapiro,…

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Interdealer broker TP ICAP Group plc (LON:TCAP) announces that Louise Murray is to be appointed Non-executive Director of the Company and will become a member of the Company’s Audit and Nominations & Governance Committees. She will assume the positions with effect from 31 December 2021. Ms Murray’s most recent executive role was as Director, Global…

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