Broker tech integration solutions provider Gold-i has announced that Joy Li is being promoted to Head of APAC at the company. Joy’s new role is a newly created one, which involves responsibility for all Gold-i activity in the region including business development, sales, operations and support. She will also have overall responsibility for managing the…
Online trading major IG Group Holdings plc (LON:IGG) has received notification that transactions was carried out in respect of the company’s ordinary shares of 0.005p each (“Ordinary Shares”) by a Person Discharging Managerial Responsibilities (“PDMR”). Charles Rozes, Chief Financial Officer of the Group, bought 5,000 shares in IG at a price of £7.25 per share….
London based alternative equity exchange operator Aquis Exchange PLC (LON:AQX) has announced that it plans to add Czech and Hungarian blue-chip stocks to trading on its pan-European MTFs business, Aquis Exchange. During the second quarter of 2022, some 300 additional stocks will be made available for trading on the Aquis Exchange UK and Aquis Exchange…
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Copenhagen based Retail FX and CFDs broker Saxo Bank continued its improved start to 2022, reporting February client trading volumes that were basically flat with January. Average daily trading volumes came in at $21.0 billion, slightly above January’s $20.9 billion ADV at Saxo Bank, although total trading volumes were down by 4% MoM – $419.1…
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Payment services provider PayPugs, which has a number of Retail FX and CFD broker clients, has announced that it has partnered with fraud and transaction monitoring company Huntli to enhance PayPugs’ AML screening process and fraud detection system. The collaboration improves customer fund security and helps to meet regulatory requirements. The partnership solves the problem of obtaining…
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FNG Exclusive… FNG has learned that Graeme Watkins, CEO of London based Retail FX and CFDs broker Valutrades, has joined the board of a Singapore based investment fund called AMB Megatrends. AMB Megatrend is an FX and commodities investment fund founded and managed by Indonesia based serial FX entrepreneur Anil M. Bahirwani, who founded and…
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Affiliate marketing compliance monitoring specialist Rightlander has announced that it is expanding out of the iGaming sector, to enhance online brokers’ capabilities. Rightlander – which is fairly well-known in the iGaming space with clients like Bet365 and AWIN – said that it will offer its marketing compliance solution to online brokers across regulated markets including…
Read More “Rightlander launches marketing compliance solution for EU/UK/AUS online brokers” »
Cryptocurrency exchange FTX Trading Limited (FTX) today announced the establishment of FTX Europe, marking the next phase of the company’s global expansion, by extending its presence into Europe and the Middle East. The company has secured the approval from the Cyprus financial market regulator CySEC through its ftx.com/eu domain. FTX Europe will now start offering…
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The Commodity Futures Trading Commission (CFTC) has confirmed that it is unable to ascertain the current address or whereabouts of Jase Davis, an individual behind fraudulent Forex scheme ROFX. Although the regulator has marked some progress in its action against the fraudulent scheme, it is apparently having trouble locating Davis. According to a document filed…
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Robinhood has responded to a renewed complaint over its payment for order flow arrangements with several market makers, including Citadel Securities, which allegedly worsened execution quality and harmed Robinhood’s customers. Documents submitted by Robinhood at the Florida Southern District Court reveal the company’s push to dismiss the case. Let’s recall that the lawsuit was brought…
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