Tag: forex-news

A lawsuit brought by ex-Citi Forex trader Rohan Ramchandani against his former employer continues at the New York Southern District Court, but some deadlines have been set so at least the document discovery appears to be close to completion. According to an order issued on November 27, 2021 by Magistrate Judge Stewart D. Aaron, the…

Read More “Court gives Citi, former head of FX trading desk two months to complete discovery” »

Santander UK announced today, subject to regulatory approval, the appointment of Mike Regnier as Chief Executive Officer of Santander UK Group Holdings plc and Santander UK plc. Mr Regnier joins from Yorkshire Building Society, where he has been CEO since 2017 and prior to that Chief Commercial and Chief Customer Officer. He has over 25…

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Just2Trade, a European FX/CFDs broker regulated by the Cyprus Securities and Exchange Commission (CySEC), has announced that it has integrated with Your Bourse, a leading technology company for FX and CFD brokers, and selected Your Bourse as its main liquidity distribution channel. Just2Trade said that it has selected Your Bourse due to its bespoke offer…

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BME, through Iberclear, its central securities depository, is finalising the launch of a new digital proxy voting service for shareholders’ meetings. The service is powered by Proxymity’s digital investor communications platform and is a sustainable solution that connects Participant Entities and Issuers in a centralised way to speed up and promote the efficiency of the…

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A recent SEC filing by Nasdaq Inc (NASDAQ:NDAQ) reveals that the company and Adena T. Friedman, the President and Chief Executive Officer of Nasdaq, entered into a new employment agreement, effective as of January 1, 2022 (the “Agreement”), relating to the continuation of her role as President and Chief Executive Officer of Nasdaq. The term…

Read More “Target bonus of Nasdaq CEO Adena Friedman set at $3M” »

Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, has announced that on 26 November 2021 options over a total of 2,273,000 ordinary shares of £0.00125 in the company were granted under the Beeks Financial Cloud Employee Share Option Plan. An option over 195,000 shares was awarded to Fraser…

Read More “Beeks grants option over 195,000 shares to CFO Fraser McDonald” »

The following is a guest editorial courtesy of Andrew Lane, CEO of sentiment-based technology company Acuity Trading. Concerned about the skyrocketing oil prices? That is just a blip compared to China’s energy crisis. To understand how grave the Sino-situation is, even the government-run Global Times, stated in October that there were “some gaps that may…

Read More “What China’s Power Crisis Means for the Global Economy” »

Who bought FX trading analytics company FairXchange? Which longtime Advanced Markets executive resigned, and is leaving the FX industry? Which senior executives are the latest to leave UK broker Capital Index? Why did NAGA.com operator NAGA Group AG say that it was terminating relationships with UK clients? Answers to these questions. and a whole lot…

Read More “FX week in review: FairXchange acquired, Capital Index and Advanced Markets execs leave, NAGA exits UK” »

Exchange services group Aquis Exchange plc (LON:AQX) announced the appointment of Glenn Collinson as Chair of Aquis Exchange. The appointment is effective 1 January 2022. In this role, Mr Collinson will succeed Niki Beattie who steps down from the Board after nine years, having joined Aquis Exchange as its first Chair in January 2013. Mr…

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Electronic trading major IG is compensating its clients who have been affected by a complex instrument issue. Some owners of non-leveraged accounts traded one (or more) complex products where it may not have been appropriate for them. Where that is the case, IG should have provided the traders with a risk warning before allowing them…

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