UAE based FX and CFDs broker CFI Financial Group has announced that it has promoted Chief Operating Officer Mohamad Daher to the position of Chief Executive Officer (CEO) of Credit Financier Invest Limited, the global group’s London based FCA licensed entity. Mohamad Daher started his career at CFI Lebanon as a Sales Trader before quickly…
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Following the intention to float announcement released earlier this month, Bridgepoint today announces the successful pricing of its initial public offering (IPO) at 350 pence per Share. Based on the Offer Price, Bridgepoint’s total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately £2,881…
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Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has posted its financial performance metrics for the second quarter of 2021. Net revenues for the second quarter of 2021 were $754 million, up from net revenues of $539 million in the equivalent period a year earlier. The result, however, lagged behind the one registered in the…
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Trading Technologies International, Inc. (TT) and the Warsaw Stock Exchange (WSE), the national exchange of Poland, today announced that TT’s global user base can now access derivatives products listed on WSE through the TT platform. The addition of WSE to Trading Technologies’ range of connected markets further strengthens the TT offering with seamless access to…
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Acting Attorney General Andrew J. Bruck today announced that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to stop BlockFi, Inc from selling unregistered securities in the form of interest-earning cryptocurrency accounts that have raised at least $14.7 billion worldwide. BlockFi, Inc, through its affiliates BlockFi Lending, LLC and…
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Provider of financial markets data and infrastructure Refinitiv is enhancing its post-trade regulatory reporting capabilities through a partnership with Xinthesys LLC that enables sell-side traders to potentially save costs with a single and fully integrated platform for trade reporting. Refinitiv’s integration of Xinthesys’ ADEPT SaaS platform allows broker-dealers access to critical regulatory risk management tools…
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The Australian Securities and Investments Commission (ASIC) today announces the imposition of a ban on former financial adviser Adam John Bevan for five years from providing financial services, controlling a financial services business, or performing any function in relation to carrying on a financial services business. Mr Bevan was an authorised representative of Gold Coast…
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MarketAxess Holdings Inc (NASDAQ:MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Tony DeLise will be transitioning from his position as Chief Financial Officer, effective August 1, 2021. Christopher Gerosa, the Company’s Head of Accounting…
As FX News Group has reported, the Federal Government of Australia has released the draft legislation to establish the Compensation Scheme of Last Resort (CSLR). Today, the Australian Financial Complaints Authority (AFCA) posted a set of updates on the matter. In short, the establishment of such a scheme of last resort means that customers of…
Read More “Customers of Berndale, USGFX, MyPlanner to benefit from new Aussie scheme” »
CFD and FX broker Plus500 Ltd (LON:PLUS) today announces the completion of the acquisition of all of the membership interests of Cunningham Commodities LLC and Cunningham Trading Systems LLC. Cunningham is registered as a Futures Commission Merchant (FCM) with the US Commodity Futures Trading Commission (CFTC), a member of the National Futures Association (NFA) and…
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