The Authority for the Financial Markets (AFM) of the Netherlands today issued a warning regarding Grinta Invest. The reason for the warning is that clients of the brokerage, which lacks a license, have not been able to access their accounts and funds for nearly a month. Dutch consumers are offered to trade through Grinta Invest…
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Social trading focused broker and asset management company Darwinex today announced that it has disabled TRY trading until further notice. This happens amid Turkish lira price swings after the recent interest rate cuts by the Turkish Central Bank. “Because of the uncertainty created by said interest rate cuts, we have taken the decision to disable…
The UK Financial Services Compensation Scheme (FSCS) has now started to contact and offer compensation to bondholders who are eligible under the government’s LCF compensation scheme. This week, the Scheme is sending out letters to around 1,000 bondholders. These letters will include details on what they need to do to accept the offer, the payment…
Read More “FSCS starts offering compensation to LCF customers under govt scheme” »
Payments platform Paysafe Ltd (NYSE:PSFE), today announces a new partnership with Huawei, a leading global provider of information technology and communications technology infrastructure and smart devices. Paysafe’s online cash payment solution paysafecard is now available as an alternative payment method in the Huawei App Gallery in Denmark, Finland, France, Germany, Italy, Norway, Poland, Spain, Sweden…
FNG Exclusive Interview… Paul Jackson, Sales Director at IS Prime, part of the ISAM Capital Markets Group, talks to FNG about the firm’s products, growth plans and diversification. FNG: What is IS Prime’s focus at the moment? Paul: We continue to work to maintain our position as a market leading Prime of Prime, leveraging our…
Read More “IS Prime’s Paul Jackson on FX tech, growth plans, hedge funds, and more” »
The UK Financial Conduct Authority (FCA) and the Bank of England have launched a joint consultation on changes to reporting requirements, procedures for data quality and registration of Trade Repositories under UK EMIR. The regulators explain that they aim to align the UK derivatives reporting framework with international guidance issued by the Committee on Payments…
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The UK Financial Ombudsman Service has published its complaints data for the second quarter of 2021/22. Complaints about “authorised” scams increased by 30% in Q2 2021/22, when compared to the same period in 2020/21. The Financial Ombudsman Service received a total of 4,488 complaints about fraud and scams from July to September 2021 and upheld…
Read More “UK Financial Ombudsman sees 30% increase in “authorised” scam complaints” »
Eurex has expanded its FX Futures coverage to the most heavily traded European currencies after GBP, CHF, and EUR. The derivatives trading arm of Eurex continues to develop into a liquidity hub covering major European currencies. The exchange has started trading seven new FX Futures on Scandinavian currencies, including EUR/NOK, EUR/SEK, EUR/DKK, USD/NOK, USD/SEK, USD/DKK,…
TradingView has released a new version of Lightweight Charts, the smallest financial charting package (43kb) ever. Lightweight Charts lead to no drag on web performance: so it’s really “light” for browsers and mobile web experiences. Lightweight version 3.7.0 is faster than v3.6 by 25%. The overall improvement in comparison to v3.0 is 60%. TradingView has…
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Marex Solutions, a division of Marex Group that specialises in customised derivative products, and Coinbase Prime, one of the world’s largest crypto custodians and liquidity hubs, have today announced a partnership that will broaden both parties institutional digital hedging and crypto investment capabilities. This partnership combines Marex Solutions leading expertise in building derivative solutions and…
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