Electronic trading major Interactive Brokers Group (NASDAQ:IBKR) today introduced GlobalAnalyst, a new tool that lets investors compare the relative valuations and financial metrics of stocks globally. GlobalAnalyst is designed for investors interested in international portfolio diversification to discover undervalued companies that may have greater growth potential. Recognizing that it can be challenging for investors to…
Today, Nasdaq (NASDAQ:NDAQ) and Amazon Web Services, Inc (AWS), an Amazon.com Inc (NASDAQ:AMZN) company, announced a multi-year partnership to build the next generation of cloud-enabled infrastructure for the world’s capital markets. Beginning in 2022, Nasdaq plans to migrate its North American markets to AWS in a phased approach, starting with Nasdaq MRX, a U.S. options…
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The United States Department of Justice (DOJ) today filed a motion to intervene in a civil lawsuit brought by the Securities and Exchange Commission (SEC) against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company. According to the documents submitted today at the New York…
Read More “DOJ seeks to stay SEC action against BitConnect” »
Provider of financial markets data and infrastructure Refinitiv today announces that USD IBOR Institutional Cash Fallbacks are now production benchmarks. Also, Refinitiv will launch USD IBOR Consumer Cash Fallbacks 1-week and 2-month settings on January 3, 2022 – pending Refinitiv Benchmark Services (UK) Limited (“RBSL”) board approval. This follows the Alternative Reference Rates Committee’s (ARRC)…
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The United States Commodity Futures Trading Commission (CFTC) has marked progress in its action against Forex fraudster Casper Mikkelsen. This is indicated by an order issued by the New York Southern District Court on November 29, 2021. The order, seen by FX News Group, shows that Judge John P. Cronan is finally satisfied that the…
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Compliance technology and data analytics firm SteelEye has launched an automated Three-Way Reconciliation solution to tackle MiFIR transaction reporting issues. The technology enables firms to fulfill their reconciliation requirements, validate their MiFIR reporting data and easily address errors – ensuring that reporting has been done completely and accurately. Complete and accurate reporting data is critical…
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The plaintiffs in a short squeeze lawsuit targeting companies such as Robinhood and Citadel need more time to draft an amended antitrust complaint. This becomes clear from documents filed in the Florida Southern District Court on November 29, 2021. Let’s recall that earlier in November the Court nixed the conspiracy claims against E*Trade Securities LLC;…
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Online broker eToro remains true to its ongoing commitment to offer its clients a broad variety of cryptoassets. Today eToro announced the addition of CELO to its crypto lineup. CELO is a token aimed at making it easier to settle payments in cryptocurrency anywhere in the world between mobile devices. Instead of physical banks, this…
A new study by the Autorité des Marchés Financiers (AMF) confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. Usually dominated by traditional banks and online brokers, stock market investments by retail investors are increasingly being made via neo-brokers. This study covers 218 million transactions executed between the third quarter…
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FNG Exclusive… FNG has learned via regulatory filings that London based Retail FX and CFDs broker Fortrade has reported record annual Revenues of £26.7 million in 2020, reversing a 2019 Revenue decline as market conditions turned vert favorable to online brokers at the outset of the COVID-19 pandemic. Fortrade had reported a 12% decline in Revenue…
Read More “Exclusive: Fortrade sees 72% Revenue increase in 2020 to £26.7M” »
