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CMC Markets, a leading global provider of online trading and technology solutions, expects some interesting developments in the Fixed Income market. Fixed income products have been an integral part of the CMC Markets product suite for more than twenty-five years. Back in the 1990’s, aggressive interest rate management by central banks made this an appealing…

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The United States Securities and Exchange Commission (SEC) charged New Jersey residents Carol E. Cohen and her son, Austin Rotter, with insider trading in the stock of The Trade Desk, Inc. The SEC’s complaint alleges that Cohen, a retired school teacher, purchased shares of The Trade Desk on the basis of material, non-public information she…

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San Francisco and Dublin based Stripe, which builds payment infrastructure for the internet, has announced the expansion of Stripe Terminal to Ireland, France, Germany, the UK, and the Netherlands. As European consumers return to in-person shopping, Terminal extends Stripe’s payments infrastructure to the physical world. Global businesses like Shopify already use Terminal to build their own…

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StoneX Financial Inc., formerly known as INTL FCStone Financial Inc, has agreed to pay a fine of $60,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). This matter originated from FINRA’s OTC Limit Order Display Rule Sweep, which monitors member firms’ compliance with FINRA Rule 6460 and focuses on customer…

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Barclays PLC has taken Plaid Inc to Court over alleged trademark infringement and false designation of origin and unfair competition under New York law. The complaint was filed by Barclays on November 22, 2021, in the New York Southern District Court. The document, seen by FX News Group, makes it clear that the case is…

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As a first transaction in a multi-stage acquisition towards full ownership, Christian Frahm’s fintech umbrella firm United Fintech has made its third purchase, acquiring a 25% stake in London-based FairXchange for an undisclosed amount in a transaction integrating the Company, its products and employees onto its digital platform. Trading firms use FairXchange’s state-of-the-art analytical tools…

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Moscow Exchange (MOEX) plans to admit the shares of 80 international companies including Nasdaq, Airbnb, Domino’s Pizza, Gartner, Motorola Solutions and others to trading on 1 December 2021. This will bring the number of shares and depository receipts of international issuers available for trading on Moscow Exchange to 521. MOEX plans to make more international…

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Specialised payments platform Paysafe Ltd (NYSE:PSFE) today announced a new payments partnership with the International Air Transport Association (IATA). Global airlines and travel suppliers will be able to benefit from Paysafe’s comprehensive travel payments solution through its integration with the IATA Financial Gateway (IFG), the Association’s omni-channel payment and orchestration platform. Scheduled to complete in…

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The publicly traded special purpose acquisition company (SPAC) that is slated to bring eToro public, FinTech Acquisition Corp. V, has made a filing with US regulators indicating that it has identified an error in certain of its previously issued financial statements. As such, the company said that certain of its previously issued financial reports should…

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The Australian Securities and Investments Commission (ASIC) today confirmed that the Federal Court has found Melissa Caddick and her company, Maliver Pty Limited, conducted unlicensed activities. In particular, Ms Caddick and her firm carried on a financial services business without holding an Australian Financial Services licence, contrary to section 911A of the Corporations Act. The…

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