Tag: forex-news

New Zealand’s Financial Markets Authority (FMA) has censured CTRL Investments Limited for contravening the conditions of its derivatives issuer (DI) licence. Through its ongoing monitoring of the DI sector, the FMA found that CTRL had materially contravened two standard conditions of its licence by failing to comply with requirements for certain outsourcing arrangements and allowing…

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Several traders have challenged a ruling in favor of Robinhood in a multi-district litigation concerning the January 2021 short squeeze. This becomes clear from a document filed with the Florida Southern District Court on Monday, February 28, 2022. The notice, seen by FX News Group, states that plaintiffs Andrea Juncadella, Edward Goodan, William Makeham, Mark…

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The United States National Futures Association (NFA) today issued an order directing Plus EV Capital LLC (EV Capital), a former NFA Member commodity trading advisor located in Newport Beach, Calif., never to reapply for membership or act as a principal of an NFA Member. NFA also ordered Rohit Chopra, EV Capital’s sole owner, principal and…

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Estonia based Retail FX and CFDs brokerage firm Admirals Group AS, which operates the Admirals brand via subsidiary Admiral Markets AS, has released its full year 2021 results indicating a significant decline in revenues and profits. The second half of 2021, however, was a slight improvement over 1H-2021 which saw Admirals post a large revenue…

Read More “Admirals Group sees 43% Revenue decline in 2021 to €35.7 million” »

Estonia based Retail FX and CFD brokerage group Admirals has announced that it has become a strategic partner and main sponsor of local soccer club and national champion FCI Levadia Tallinn. Sergei Hohlov-Simson, Managing Director at FCI Levadia Tallinn said: “We are pleased to announce that one of the most successful global trading platforms, Admirals,…

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Global electronic broker Interactive Brokers (NASDAQ:IBKR) today announced the launch of Traders’ Insight Radio, a new podcast series featuring interviews with executives, thought leaders and market experts from across the financial services industry discussing topical themes impacting global markets and trading. Listeners familiar with Traders’ Insight, Interactive Brokers’ online resource for market commentary, will recognize…

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Bank of Russia Governor Elvira Nabiullina today made a statement following the central bank’s decision to raise the key interest rates. Nabiullina said that the Bank of Russia has been developing the domestic financial infrastructure. It will continue to operate smoothly. Namely, Russia has the financial messaging system (FMS) that can replace SWIFT inside Russia and…

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The Securities and Exchange Commission (SEC) today announced settled charges against registered investment adviser Ameritas Advisory Services, LLC for breach of fiduciary duty to advisory clients for failures regarding conflicts disclosures, best execution, and duty of care. The SEC’s order finds that Ameritas Advisory Services LLC, when its advisory business was part of an affiliated dually…

Read More “SEC orders Ameritas Advisory Services to repay $4.6M to harmed investors” »

FCA licensed Retail FX and CFDs broker Tickmill has announced that it has taken another step to enhance its already extensive product offering, by adding new CFDs on Cryptocurrencies to its trading arsenal. Over the last couple of years Tickmill’s focus has been to enable clients to diversify their product portfolio, demonstrated by their launch…

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