Retail FX and CFDs broker Exness has reported its client trading volume stats for the month of November 2021, with the company topping – by a wide margin – its record October figures. October saw Exness top $1 trillion (!!) in client trading volumes, as was first reported by FNG, a first for a retail…
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Specialized payments platform Paysafe Ltd (NYSE:PSFE) today announces that recently acquired German fintech company viafintech GmbH has entered into a partnership with Solarisbank AG with a joint vision to replace the classic bank branch and physical locations for basic banking services. Banking-as-a-service platform Solarisbank provides international corporations and fast-growing fintechs with a legally compliant and…
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The UK Financial Conduct Authority (FCA) and the Practitioner Panel have published a report from their 2021 joint survey of FCA regulated firms. The survey gives views across the financial services sector of the FCA performance as a regulator. The respondents were very critical of the time the regulator needs to process authorization applications. Among…
Read More “FCA under fire again over authorisation process” »
Electronic trading major Interactive Brokers continues to enhance the capabilities of its TWS platform. The latest (beta) build of the solution enables harvesting capital losses via the Allocation Order Tool. Financial Advisors can help clients realize tax benefits of capital loss using the Allocation Order Tool. Users can preview potential losses on stocks, and pre-allocate…
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As the patent infringement lawsuit brought by OANDA against GAIN Capital, which is now owned by StoneX, continues at the New Jersey District Court, the parties have updated the Court on how the discovery process progresses. According to a joint status report submitted at the Court on December 1, 2021 and seen by FX News…
Read More “OANDA, GAIN Capital clash over API source code production” »
FlexTrade Systems today announced that Tradefeedr’s unified data analytics API is fully integrated and available within FlexTRADER EMS. Tradefeedr enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common metrics. The first FlexTrade client, a European buy-side firm, is now live and in production using the integration. The move is…
Read More “FlexTrade integrates Tradefeedr to enhance quality of FX trading decisions” »
The UK Financial Conduct Authority (FCA) has today confirmed a series of rule changes to ensure that the UK’s public markets remain a trusted and attractive place to list successful companies. The reforms build on, a number of the recommendations made in the UK Listing Review and the Kalifa Review of UK FinTech, with the…
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Afterpay Ltd (ASX:APT), a provider of “Buy Now, Pay Later” services, today provided an update on the proposed acquisition by Lanai (AU) 2 Pty Ltd, a wholly owned indirect subsidiary of Square, Inc. (NYSE:SQ), of Afterpay. Further to the announcement and the release of the scheme booklet on 5 November 2021, Afterpay notes that all…
Saxo Bank has published its set of outrageous predictions for 2022. Steen Jakobsen, Saxo’s Chief Investment Officer, explains that the theme for 2022 Outrageous Predictions is Revolution. Mr Jakobsen comments: “There is so much energy building up in our inequality- plagued society and economy. Add to that the inability of the current system to address…
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The United States National Futures Association (NFA) announces that it will increase member swap dealer and major swap participant dues effective January 1, 2022. NFA Bylaw 1301 imposes annual dues on NFA Member swap dealers (SD) and major swap participants (MSP). The current annual dues amounts have remained unchanged, except for a reduction in MSP…
