Tag: forex-news

StoneX Group Inc (NASDAQ:SNEX) has published detailed compensation data concerning its top management, including Glenn Stevens, the former CEO of online trading company GAIN Capital, which was acquired by StoneX in the summer of 2020. Mr Stevens, who joined StoneX as Head of Retail and Foreign Exchange on August 1, 2020, earned a bonus of…

Read More “StoneX Head of Retail and FX Glenn Stevens earns $1.17M performance bonus in 2021” »

While last week was all about FX broker acquisitions and financial results, this week was capital raising, regulator action and executive moves. What does CySEC-licensed Retail FX broker Skilling plan to do with the fresh €10 million in capital it just raised? Why did the FCA start to take action against some EU licensed brokers…

Read More “FX week in review: Skilling raises €10M, FCA actions on EU brokers and ads, Capex.com-XTB exec swap” »

On Sunday, May 1, 2022 to support increased client demand for cryptocurrency futures and options products, CME Group will launch two new dedicated cryptocurrency market data channels on CME Globex. In conjunction with the cryptocurrency channel migration the market segment ID will update for MDP 3.0, MSGW iLink and MSGW Drop Copy. This update will…

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The adversary proceedings against Forex broker AFX Capital Markets have been adjourned again. This is made clear by a document submitted by counsel for Ronald J. Friedman, Esq, at the New York Eastern Bankruptcy Court on January 20, 2022. The document, seen by FX News Group, states that the Pre-Trial Conferences in the adversary proceedings,…

Read More “Adversary proceedings against AFX Capital Markets get adjourned again” »

The United States Financial Industry Regulatory Authority (FINRA) announces that it has imposed a $9 million fine on Credit Suisse Securities for failing to comply with securities laws and rules designed to protect investors, including the Securities and Exchange Commission’s Customer Protection Rule and FINRA rules requiring firms to disclose potential conflicts of interest when…

Read More “FINRA imposes $9 million fine on Credit Suisse Securities for operational failures” »

FNG Exclusive… FNG has learned that FX broker software platform provider Spotware Systems has hired Christina Theodorou as the company’s new Chief Operating Officer (COO). Christina Theodorou joins Spotware from Retail FX broker BDSwiss, where she was Chief Project Officer, overseeing much of BDSwiss’ operations and structure. Prior to joining BDSwiss in 2019 Christina worked…

Read More “Exclusive: Christina Theodorou joins Spotware Systems as COO” »

Social trading focused broker Public.com has announced that it is acquiring HyperCharts, a data visualization platform that provides fundamental financial and business metrics for publicly-traded companies. HyperCharts, founded by Galileo Russell and Moe Salih in 2019, provides data summaries and visualizations for hundreds of the most popular publicly-traded companies. Its platform contains robust financial metrics…

Read More “Public.com acquires data visualization platform HyperCharts” »

Today, SIX welcomes Invesco Digital Markets PLC as a new issuer of crypto Exchange Traded Products (ETPs). With the Bitcoin ETP listed by Invesco, a total of 225 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. “Trading in passive products with cryptocurrency underlyings is enjoying growing popularity…

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Mark Kandborg, current Deputy Head of Nordea’s Large Corporates & Institutions business area, is appointed Chief Risk Officer and a member of the Group Leadership Team as of 1 April 2022. Nordea’s current Chief Risk Officer has decided to return to the United Kingdom after more than five years at Nordea and will be succeeded…

Read More “Nordea names Mark Kandborg its new Chief Risk Officer” »