Economy
StoneX to acquire R.J. O’Brien
R.J. O’Brien & Associates (RJO), a futures brokerage and clearing firm, announced today that its parent company has reached a definitive agreement with StoneX Group Inc. (NASDAQ:SNEX), to merge all of RJO’s global businesses into StoneX, subject to regulatory...
FINRA fines Joseph Stone Capital for failing to comply with Taping Rule
Joseph Stone Capital L.L.C. has agreed to pay a fine of $35,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Joseph Stone failed to comply with FINRA Rule 3170 (the Taping Rule), which requires certain firms to tape record all...
Plum secures £15 million in venture debt from BBVA
Smart money app Plum has announced that the company has secured an additional £15 million in capital, in the form of debt financing from Spain based financial group BBVA, following a transformational year of delivery. The transaction also marks BBVA’s first venture...
ASIC suspends AFS licence of Beacon Wealth
The Australian Securities and Investments Commission (ASIC) has suspended Australian financial services (AFS) licence number 239 946, held by Beacon Wealth Pty Ltd, until 7 April 2026. The AFS licence was suspended because the firm had ceased carrying on a financial...
Standard Chartered unveils sports investing opportunities for HNW clients
Standard Chartered today announced the launch of a new alternative fund focused on sports for ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients under its Global Private Bank. With major sports leagues and teams seeking alternative capital financing options,...
Lawsuit brought by EminiFX receiver against Interactive Brokers remanded to Supreme Court of the State of New York
Judge Valerie E. Caproni has terminated the lawsuit brought by the EminiFX receiver against Interactive Brokers at the New York Southern District Court. The relevant order was signed on April 10, 2025. Pursuant to his powers as Receiver, EminiFX receiver David A....
Speculator Bets led higher by Nasdaq, Russell & DowJones :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 8th and shows a quick view of how large traders...
FX Speculators push Japanese Yen bullish bets to new record high :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 8th and shows a quick view of how large market...
Speculator Bets led by SOFR-3M, Fed Funds & Ultra Treasury Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 8th and shows a quick view of how large traders...
Speculator Bets led lower by Gold, Platinum & Silver :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 8th and shows a quick view of how large traders...
Yen, Ultra T-Bonds, 5-Year & WTI Crude lead Bullish & Bearish Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on April 8th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
Speculator Bets led by Soybean Oil & Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 8th and shows a quick view of how large traders...
FX week in review: eToro IPO delayed, Trump Tariffs effects include record trading volumes
Like almost all areas of commerce and finance, the Retail FX and CFDs industry has had its eyes focused on the Trump Tariffs for the past week, and the volatility being caused in their wake in the financial markets. And this is likely to continue for the foreseeable...
EUR/USD Hits Three-Year High as the US Dollar Suffers Heavy Losses :: InvestMacro
By RoboForex Analytical DepartmentThe EUR/USD pair is in strong demand, surging to a three-year peak near 1.1330.Key factors driving EUR/USD MovementsThe market remains highly sensitive to growing investor concerns over the US economic outlook. Declining confidence in...
Exclusive: Daman Markets hires IG exec Meenaz Sayyed as VP of Sales
FNG Exclusive… FNG has learned that newly launched, MENA focused Retail FX and CFDs broker Daman Markets has continued a recent senior executive hiring spree, adding Meenaz Sayyed as Vice President of Sales. Meenaz Sayyed joins Daman Markets from leading UK based...
Dollar threatened by Trump’s tariff chaos :: InvestMacro
USDInd ↓ 4.5% MTDTrump’s tariff chaos drags USDInd to lowest level since April 2022US data + ECB meeting + BoC meeting = heightened volatility?ECB meeting sparked moves of ↑ 0.3% & ↓ 0.3% over past yearTechnical levels – 100.00, 99.30 & 98.00The dollar is...
TradingView adds data from WEEX crypto exchange
TradingView has added market data from the WEEX crypto exchange. TradingView has integrated dozens of spot pairs and perpetual swaps to help its users dive deeper into the crypto market and find new opportunities to navigate it. Founded in 2018, WEEX now offers over...
The US stocks are back to selling off. The US raised tariffs on China to 145% :: InvestMacro
The Dow Jones index (US30) was down 2.50% at Thursday’s close. The S&P500 Index (US500) was down 3.46%. The Nasdaq Technology Index (US100) fell by 4.19%. The White House announced it would raise tariffs on China to 145%, adding uncertainty and fueling fears that...
Trading apps and neobrokers get reviewed by the FCA
UK financial regulator Financial Conduct Authority (FCA) has published a new multi-firm review entitled Trading apps: high-level observations. The publication aims to support new firms and traditional investment brokers seeking to offer these services, to help them...
CySEC reminds Cyprus Investment Fund Managers of their obligations regarding website compliance
Cyprus Securities and Exchange Commission (CySEC) has issued a circular that serves as a reminder to Cyprus Investment Fund Managers (CyIFMs) regarding website compliance. The regulator notes that it has observed inconsistencies in website content, inadequate...
IG Japan issues warning about current market environment
IG Securities, the Japanese subsidiary of electronic trading major IG Group, today issued a notification to traders regarding market conditions. In the current market situation, there are occasions when smooth trading is difficult. In addition, depending on the...
Wei Liao to spearhead launch of Cboe’s market intelligence and content franchise in APAC
Cboe Global Markets, Inc. continues the expansion of its Derivatives Market Intelligence team with the hiring of Wei Liao as Director, Derivatives Market Intelligence. Based in Hong Kong, Ms. Liao will lead the buildout of Cboe’s derivatives market intelligence and...
Swissquote launches the Swissquote Store
Swissquote has launched its exclusive merchandise collection, promising the items are premium, bold, and made to stand out. The Swissquote Store is now open for Swiss residents. The products include items like a “Market Cap” cap and a “Wallstreet Boys” t-shirt....
Deutsche Börse reduces settlement fees for centrally cleared ETF transactions on Xetra
To increase post-trade efficiency, Deutsche Börse has implemented a significant reduction in settlement fees for centrally cleared ETF transactions on Xetra together with Clearstream, Deutsche Börse Group’s post-trade service provider. As a result, trading...
OANDA Japan warns traders against conducting pseudonymous transactions
OANDA Japan Inc, a subsidiary of online broker OANDA Corporation, today issued a notice to traders regarding pseudonymous transactions. The term “pseudonymous transactions” refers to transactions conducted under the name of a non-existent person or other person....
UBS Group shareholders approve all proposals at AGM
Shareholders of UBS Group AG approved all proposals made by the Board of Directors at today’s Annual General Meeting (AGM). The independent proxy represented 1 974 651 962 votes. The shareholders approved the management report and the consolidated and standalone...
Standard Chartered, OKX launch collateral mirroring program
Standard Chartered and cryptocurrency exchange OKX today announced the launch of a collateral mirroring program, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. This initiative...
NY DFS announces $40M settlement with Block Inc
Superintendent of Financial Services, Adrienne A. Harris, announced today that Block, Inc. will pay a $40 million penalty for significant failures in its Bank Secrecy Act/Anti-Money Laundering compliance program, which violated the New York Department of Financial...
Pound Rallies Sharply Weak Dollar Boosts GBP, but BoE Rate Outlook May Complicate Future Gains :: InvestMacro
By RoboForex Analytical Department GBP/USD has risen for the third consecutive session, reaching 1.2857, primarily driven by a weaker US Dollar amid escalating US-China trade tensions.Key factors influencing GBP/USD movementsChina has raised tariffs on US goods to...
TradingView expands data range by adding Morningstar Indexes
TradingView has enabled its users to access a powerful new data source right on the platform. Indices from Morningstar, a financial research company with a global presence and influence, are now available on TradingView. Morningstar was founded over four decades ago...
Markets rallied sharply on the back of a 90-day tariff postponement. China became an exception with tariffs of 125% :: InvestMacro
By Wednesday’s close, the Dow Jones Index (US30) was up 7.87%, its biggest gain since March 2020. The S&P 500 Index (US500) was up 9.52%, posting its most significant jump since 2008. The Nasdaq Technology Index (US100) flew 12.02%, the biggest one-day gain since...
SEC obtains final judgment against investment fraudster James Robinson
The Securities and Exchange Commission (SEC) has obtained a final judgment against James Robinson. The judgment, signed by Judge Lorna G. Schofield of the New York Southern District Court on April 9, 2025, brings to a close to lawsuit that was launched in December...
What is reinforcement learning? An AI researcher explains a key method of teaching machines – and how it relates to training your dog :: InvestMacro
By Ambuj Tewari, University of Michigan Understanding intelligence and creating intelligent machines are grand scientific challenges of our times. The ability to learn from experience is a cornerstone of intelligence for machines and living beings alike.In a...
Uveler Marketing partners with DGM on tech solutions for CFDs brokers
Cyprus based marketing solutions company Uveler Marketing has announced that it is joining forces with DGM Tech Solutions, a leader in cutting-edge IT services and digital transformation strategies for financial services companies. DGM provides assistance in handling...
Italy’s CONSOB orders blocking of access to websites of Quantum AI, Zeon Global, Hyper-trades
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of the websites of several unauthorized firms. The websites targeted by the latest set of orders are: “Quantum AI App Trading” (websites https://quantumaiapp.it and https://quantum-ai.in);...
eToro expands relationship with BNY to launch stock lending program
Online broker eToro is to launch a stock lending program, a new feature enabling eToro users based in the UK and Europe to earn passive income by lending out their stocks. eToro is working with BNY, which will act as the custodian, and stock lending platform EquiLend,...
Nikhil Rathi reappointed as FCA chief executive
His Majesty’s Treasury has announced the reappointment of Nikhil Rathi as chief executive of the FCA for a second term. Nikhil Rathi, Chief Executive of the FCA, said: ‘I am honoured to be reappointed by the Chancellor. The FCA does vital work to enable a fair and...
Euroclear FundsPlace and Apollo collaborate to broaden access to private markets
Euroclear and Apollo have announced their collaboration to expand the distribution of Apollo’s alternative solutions via Euroclear’s FundsPlace®, making private markets more accessible to a wider range of investors. This collaboration will significantly broaden access...
24 Exchange launches FX swaps trading with CobaltFX’s Dynamic Credit process
Bermuda domiciled OTC product trading platform 24 Exchange has announced that it has officially gone live with FX swaps trading, leveraging CobaltFX’s innovative Dynamic Credit process. The parties said that this integration marks a significant step forward in...
Acuity Trading hires Seamus Keaveney as VP Sales
Sentiment based trading tools provider Acuity Trading has announced the appointment of London based executive Seamus Keaveney as the company’s new Vice President of Sales. The company said that after a highly competitive selection process, Seamus emerged as the ideal...
TradingView enables crypto derivatives trading via BitMEX
TradingView users can now access BitMEX, a cryptocurrency derivatives exchange. TradingView’s latest integration provides crypto enthusiasts worldwide a gateway to crypto markets through more than 200 derivatives products that can be traded directly from TradingView...
Stock Rotation Will Benefit Gold Stocks :: InvestMacro
The new U.S. Administration may have hastened some economic and market trends, but the underlying factors were already underway. Inflation has been picking up since last July; the U.S. consumer has been pulling on the reins for months now amid tapped-out credit; the...
Prop firm BrightFunded adds the cTrader platform
Dubai based retail prop trading firm BrightFunded has announced its partnership with Spotware, the developer of multi-asset trading platform, cTrader. The collaboration marks a significant step forward for both BrightFunded and Spotware, bringing traders a...
The trade deficit isn’t an emergency – it’s a sign of America’s strength :: InvestMacro
By Tarek Alexander Hassan, Boston University When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive...
CME Group registers record international ADV in Q1 2025
International derivatives marketplace CME Group today announced that its international average daily volume (ADV) reached a record 8.8 million contracts in the first quarter of 2025, up 19% year on year. Reflecting all trading reported outside the United States, this...
Tariffs on US imports come into effect today. The RBNZ expectedly lowered the rate by 0.25% :: InvestMacro
The Dow Jones Index (US30) was down 0.84% at Tuesday’s close. The S&P 500 Index (US500) was down 1.57%. The Nasdaq Technology Index (US100) decreases by 1.95%. President Trump’s announcement that tariffs on Chinese imports will rise to 104% starting tomorrow was a...
Apex Fintech Solutions appoints Andrew Glenn as CTO
Apex Fintech Solutions Inc. today announced the appointment of Andrew Glenn as its new Chief Technology Officer (CTO). With a proven track record spanning over 20 years in engineering and fintech, Andrew Glenn has been instrumental in building and scaling...
The Three Rounds of the Trump Tariff Wars :: InvestMacro
Dr. Dan Steinbock In just days, President Trump has caused a meltdown in world markets and undermined global recovery, as he did in 2017. But now his economic weapons are far more destructive, as evidenced by the three rounds of the tariff wars.The first round of...
Leverate unveils update v4: TradingView integration, Express Checkout, and Intercom Tools for Conversion and Client Experience
Leverate, a leading provider of cutting-edge brokerage and prop solutions, has announced the release of Product Update v4, bringing a new wave of enhancements aimed at empowering brokers and prop firms to increase conversions, elevate user experience, and deliver more...
Broadridge partners with Fnality to enable real-time settlement for intraday repo transactions
Broadridge Financial Solutions Inc. (NYSE:BR) today announced the completion of a successful collaboration with Fnality, a blockchain-based wholesale payments firm, demonstrating interoperability between Broadridge’s Distributed Ledger Repo (DLR) platform and...
CySEC warns public against dealing with nine unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to the public against dealing with nine unauthorized entities. The firms in question operate via the following web addresses: surgirux.pro nasanetac.com a-eternitycapital.ltd rohkatech.com...
CFDs broker Traze gets UAE SCA Category One License
Retail FX and CFDs broker Traze has announced that the company’s Traze Securities LLC subsidiary in Dubai has received a full Category One License from the UAE’s Securities and Commodities Authority (SCA). The new license allows Traze to act as a Trading Broker in the...
BNY pilots first intraday repo trade settled through its triparty infrastructure
The Bank of New York Mellon Corporation (NYSE:BK) has successfully piloted the first intraday repo trade settled through its triparty infrastructure. The USD-denominated pilot transaction, which took place in February, saw UBS borrowing cash from Swiss Re while...
Frank Spiteri leaves CoinShares – FX News Group
CoinShares International Limited, a global investment company specialising in digital assets, today announced the departure of Frank Spiteri, Head of Asset Management, and member of the executive committee, from the Group. As part of Mr. Spiteri’s departure...
MultiBank sees record $55.85 billion of client trading volume on April 3
Dubai based Retail FX and CFDs broker MultiBank Group has announced a historic milestone—on April 3, 2025, the Group recorded its highest ever single day trading volume, surpassing USD $55.85 billion. The company said that this record-breaking achievement marks a...
Spotware launches cTrader Discord community
Spotware, developer of the cTrader trading platform, has announced the launch of the cTrader Discord community. This move aims to foster real-time communication and collaboration among clients, traders and algo developers, reinforcing Spotware’s commitment to building...
Exclusive: IG Group partnerships head Alex Ratford departs
FNG Exclusive… FNG has learned that IG Group senior marketing and partnerships executive Alex Ratford has left the company. Alex Ratford had been with IG since early 2021, serving as Global Marketing Partnership Lead and later as Global Head of Marketing Partnerships...
Broadridge launches Broadridge Digital Assets Solutions
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of Broadridge Digital Assets Solutions, capabilities aimed at helping financial institutions effectively scale their digital asset strategies while complying with evolving global regulations in...
Centroid partners with Nelogica’s BlackArrow trading platform
Leading broker connectivity and execution solutions provider Centroid Solutions has announced a new strategic partnership with BlackArrow, an advanced trading platform developed by Brazil based Nelogica, one of the world’s largest technology providers for the...
Interactive Brokers adds Chainlink, Avalanche and Sui to list of crypto instruments
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) announced the addition of new cryptocurrency tokens to its trading platform: Chainlink (LINK), Avalanche (AVAX), and Sui (SUI). These new tokens join Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC),...
Volatility in financial markets is insane. Oil fell to $60.7 per barrel :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) fell by 0.91%. The S&P 500 Index (US500) was down 0.23%. The Nasdaq Technology Index (US100) added 0.19%. The US stocks closed mostly lower on Monday as markets reacted to President Donald Trump’s escalating trade...
GTN hires Arqaam Capital exec Sham Treon as Chief Risk Officer
Dubai based online brokerage group GTN has announced that it has hired Sham Treon as the company’s new Chief Risk Officer for the Middle East. Sham Treon joins GTN from Arqaam Capital, a Dubai-based investment firm, where he was the global head of risk for the past...
Japanese Yen Recovers Some Losses as Investors Seek Safe-Haven Assets :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair has stabilised around 147.60 following two consecutive days of gains, with the yen now attempting to recoup some of its recent losses.Key factors influencing USD/JPY movementsUncertainty in global trade relations...
Ripple set to acquire Hidden Road for $1.25bn
Ripple, a provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion. Hidden Road is a prime broker offering institutions a one-stop-shop of advanced services including clearing, prime brokerage,...
Corsair closes sale of eurochange to Western Union
Corsair, a financial services investor focused on payments, software and business services, today announced it has completed the sale of eurochange, formerly a subsidiary of Corsair portfolio company NoteMachine and one of the leading high street retailers of travel...
Pepperstone UK sees Revenues (£13.0M) and Profits (£9.9M) flat in 2024
Pepperstone Limited, the London based, FCA licensed arm of Australia based Retail FX and CFDs broker Pepperstone, saw fairly steady activity in 2024 following two strong years of growth in 2022 and 2023, as the company continues to focus on international expansion....
CySEC reaches €200k settlement with Colmex Pro
The Cyprus Securities and Exchange Commission (CySEC) today announced a €200,000 settlement with Cyprus investment firm Colmex Pro. The settlement concerns possible violations of the Investment Services and Activities and Regulated Markets Law of 2017 (‘the Law’) and...
RoboMarkets adds more assets to R StocksTrader platform
Online brokerage RoboMarkets continues to expand its range of investment opportunities for its clients. The R StocksTrader platform has added new assets, including stocks from the US, Europe, the UK, Switzerland, and UCITS ETFs. This update includes over 1,160 new...
The future of trading: The Exness Way in the Age of Innovation
The following is a guest editorial courtesy of Constantinos Arkadiou, PR Manager at leading online broker Exness. Lately, the buzzwords in the trading sphere have centered around technology and innovation. While many in the industry emphasize cutting-edge solutions,...
Brokeree integrates its Prop Pulse with cTrader
Brokeree Solutions, a global provider of technology solutions for prop firms and multi-asset brokers, has announced the integration of its Prop Pulse solution with Spotware’s cTrader trading platform. cTrader is renowned for its robust and comprehensive ecosystem,...
DB Investing hires AUS Global exec Gad Elkareem to head BizDev
Dubai based Retail FX and CFDs broker DB Investing has announced that the company has hired Dubai based executive Gad Elkareem to the position of Head of Business Development. Gad Elkareem joins DB Investing from Australia based broker AUS Global, where he was Senior...
Crypto in 2025: Regulations, Rollercoasters, and the Road Ahead
The cryptocurrency industry shows intense activity this month, with many important developments that new traders and experienced investors need to understand. The cryptocurrency environment is transforming swiftly, with Bitcoin experiencing massive price volatility,...
ThinkMarkets UK sees Revenues decline 26% in 2024, posts loss
TF Global Markets (UK) Limited, the FCA regulated UK arm of Retail FX and CFDs broker ThinkMarkets, has reported its financial results for 2024 indicating a decline in activity and revenue, leading to a small net loss for the year. ThinkMarkets UK brought in £1.80...
Exclusive: Doo Group exec Muhammad Hasnain moves to CPT Markets as Sr BizDev Manager
FNG Exclusive… FNG has learned that Retail FX and CFDs broker CPT Markets has hired Dubai based executive Muhammad Hasnain, as Senior Business Development Manager. Muhammad Hasnain joins CPT Markets from Doo Group, where he worked as a Senior Account Manager. He had...
Sentencing of Ponzi scammer Renwick Haddow gets rescheduled again
The Court has once again rescheduled the sentencing of Ponzi scammer Renwick Haddow. Judge Laura Taylor Swain of the New York Southern District Court has granted the US Government request to adjourn sentencing in light of the asset recovery process. The sentencing is...
The sell-off in risk assets intensified as tariffs took effect :: InvestMacro
The US economy added 228,000 jobs in March 2025, well above the downwardly revised 117,000 in February and above expectations of 135,000. This is the highest rate in the last three months. Despite the positive Non-Farm Payrolls report, all investors’ attention was...
Apex Fintech Solutions partners with Google Cloud to accelerate launch of Ascend investment platform
Apex Fintech Solutions Inc., an innovation launchpad for the global investment ecosystem, announced a multi-year strategic partnership with Google Cloud to accelerate the launch of the Apex Ascend investment platform and bring trading, clearing, and custody into the...
eToro risk management head Shir Shalom departs
FNG has learned that longtime eToro executive Shir Shalom has left her position as Head of Risk Management at the company. The move comes at an interesting time, when eToro is in the midst of going public on NASDAQ, although due to market conditions it looks like the...
Binance to cease support for deposits and withdrawals of tokens on selected networks
Binance will cease support for deposits and withdrawals of tokens on selected networks effective April 14, 2025. After 2025-04-14 03:00 (UTC), any deposits sent via the following networks will not be credited and may lead to asset loss. Flamingo (FLM) via Neo Legacy...
Euroclear joins HKMA’s Project Ensemble to drive tokenisation market development
Euroclear today announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble. Project Ensemble, launched in March 2024, is an HKMA initiative aimed at fostering and shaping the tokenisation ecosystem in Hong Kong. This project brings...
Nomura Asset Management appoints Douglas Stewart as Head of Distribution EMEA
Nomura Asset Management Co., Ltd., the core company within the Investment Management Division of Nomura Group, today announced the appointment of Douglas Stewart as Head of Distribution EMEA. Mr. Stewart will report to Kenichi Suzuki, Senior Managing Director, Head of...
ESMA imposes EUR420k fine on Modefinance
The European Securities and Markets Authority (ESMA) has fined Modefinance S.r.l. a total of EUR 420,000, and issued a public notice, for a breach of the Credit Rating Agencies Regulation (CRA Regulation). ESMA found that Modefinance fell short of the CRA Regulation’s...
Exclusive: Exinity hires Liquidity.net Managing Director Mukrram Ali
FNG Exclusive… FNG has learned that Retail FX and CFDs brokerage group Exinity has hired Dubai based executive Mukrram Ali, as the company’s new SVP – Liquidity Distribution for its Exinity Connect unit. Mukrram Ali joins Exinity after spending the past four years as...
IG Japan issues warning regarding margin changes
IG Securities, the Japanese subsidiary of electronic trading major IG Group, issued a notice to traders today, regarding possible margin rate changes. The broker said that it regularly reviews various standards such as the maintenance margin rate to accurately reflect...
Currency Speculators dropped their Bullish Bets before last week’s turmoil :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 1st and shows a quick view of how large market...
FX week in review: MetroTrade launch, MultiBank record results, Freetrade sale closes, smartTrade sold
Which well-known online trading figures are behind the launch of MetroTrade, the latest entrant in the retail futures trading space? What were MultiBank Group’s (record) Revenue and Profit figures for 2024? Why did Robinhood have to (once again) curtail somewhat its...
Speculator Bets led by S&P500 & Nasdaq :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 1st and shows a quick view of how large traders...
Speculator Bets led by Soybean Oil, Cotton & Soybeans :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 1st and shows a quick view of how large traders...
Speculator Bets led by SOFR 1-Month & US Treasury Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 1st and shows a quick view of how large traders...
Live Cattle, Brent, 5-Year & Wheat top Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on April 1st.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
Speculator Bets led lower by Gold, Copper & Silver :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 1st and shows a quick view of how large traders...
New modelling reveals full impact of Trump’s ‘Liberation Day’ tariffs – with the US hit hardest :: InvestMacro
By Niven Winchester, Auckland University of Technology We now have a clearer picture of Donald Trump’s “Liberation Day” tariffs and how they will affect other trading nations, including the United States itself.The US administration claims these tariffs on imports...
Velox Clearing to pay $500k fine to settle SEC charges
The Securities and Exchange Commission (SEC) today announced settled charges against California-based registered broker-dealer Velox Clearing LLC for violating federal securities laws governing the submission of suspicious activity reports (SARs). As part of the...
Today, investors focus on the Non-Farm Payrolls labor market report :: InvestMacro
The Dow Jones Index (US30) fell by 3.98% on Thursday. The S&P 500 Index (US500) lost 4.84%. The Nasdaq Technology Index (US100) closed negative 5.97%. The US indices suffered their biggest one-day drop since 2020 after US President Donald Trump announced...
S&P 500 to flirt with “bear market”? :: InvestMacro
By ForexTime US500 plummets to lowest since August; after Thursday’s biggest 1-day drop since pandemicChina announces tariff retaliation ahead of Friday’s NFP, Powell speechWeek Ahead: EU retaliation, US CPI, and earnings season could trigger more big moves!Markets...
StoneX Group grants 300k restricted shares to Sean O’Connor
Pursuant to the letter agreement entered into between Sean M. O’Connor, Executive Vice-Chairman of the Board of Directors, and StoneX Group on March 31, 2025, he was granted 300,000 restricted shares of Company Stock with ratable vesting over a four-year period and...
safe-haven assets in demand :: InvestMacro
By RoboForex Analytical Department USD/JPY is at a six-month low near 145.57 on Friday after posting a 2% gain in the previous session.Key factors driving the USD/JPY movementUS President Donald Trump’s sweeping duties have fuelled demand for safe-haven assets. This...
Social Trading & Affiliates: Monetizing the “Copy-Trading” Craze
Several aspects have made copy trading incredibly popular today. First is the rise of powerful, user-friendly platforms that support this activity. Most of these platforms are available on IOS and Android, which has made copy trading more appealing. This strategy...
IG Japan increases margin rate for corporate accounts
IG Securities, the Japanese subsidiary of electronic trading major IG Group, is raising the minimum maintenance margin rate for new positions in corporate accounts. The broker explains that it regularly reviews various standards such as the maintenance margin rate to...
TradingView welcomes CSUF to network of academic partners
TradingView continues to expand its Educational partner program, providing students access to cutting-edge market analysis tools. The latest addition to TradingView’s growing network of academic partners is California State University, Fullerton (CSUF). Cal State...
Singapore authorities warn of scams involving WeChat, UnionPay and Alipay
The Singapore Police Force and Monetary Authority of Singapore (MAS) would like to remind members of the public to remain vigilant for impersonation scams involving Chinese messaging and payment platforms such as WeChat, UnionPay or Alipay. Since January 2025, at...
NAGA launches NAGA Earn interest on EUR cash balances
Social trading focused online broker NAGA Group (ETR:N4G) has announced that it has unveiled NAGA Earn – a powerful new feature that rewards users with up to 2.77% APY (based on current interest rates) on their uninvested Euro cash balance, all while keeping their...
Unipaas and Mastercard partner to boost card acceptance for SMEs
Embedded payments provider for SaaS platforms Unipaas has announced it is partnering with Mastercard to increase card acceptance for SMEs using vertical SaaS platforms where payments are still predominantly manual and offline. This collaboration aims to digitise and...
Genesis rolls out Version 8.10 of Genesis Application Platform
Version 8.10 of the Genesis Application Platform enables users to configure more application actions and data through the UI, streamlines server-side data configuration and improves unit testing. A new Scheduling feature in the Genesis Foundation UI framework lets...
The Rise of Prop Trading in 2025: Prop Firms Change the Game
The prop trading sector is witnessing a gigantic boom in 2025, driven by increasing demand from traders seeking capital, shifting market trends, and enhanced technology. Prop trading firms have emerged as industry leaders, offering funded accounts to traders without...
eToro launches staking for Polkadot and Cosmos
Online broker eToro announced today that it has launched staking for Polkadot (DOT) and Cosmos (ATOM), enabling eligible users to earn rewards by holding these assets. Eligible users are now able to stake DOT and ATOM, in addition to Solana (SOL), Ethereum (ETH),...
TA Associates buys out Hg’s position in trading platform provider smartTrade
It looks like there has been a switch in private equity owners at smartTrade. Electronic trading and payments platforms provider smartTrade Technologies has announced a new strategic investment from TA Associates, a leading global private equity firm. David Vincent,...
MTS launches innovative Dealer-to-Client Ticket protocol
Euronext today announced that MTS, an electronic fixed-income trading platform, launched its new BondVision Dealer-to-Client Ticket (DCT) protocol. BondVision is a multi-dealer-to-client trading platform for rates, credit, and repo. The DCT protocol was developed...
The Pound Outperforms Its Peers :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair climbed to 1.3064 on Thursday, marking a 2.46% gain over the past four weeks and a 2.87% increase against the US dollar over the last 12 months. The British pound continues to strengthen, outperforming many of its...
Spotware opens Kuala Lumpur office to support Asia expansion
Spotware, a leading technology provider and the developer of cTrader, the premium trading platform, has announced the opening of its new office in Kuala Lumpur, Malaysia, marking a significant step in its continued global expansion. The new office, which includes a...
CME Group and CF Benchmarks to launch additional cryptocurrency pricing products
Effective Monday, April 14, shortly after 10 a.m. London time, pending completion of all regulatory review periods, CME Group and CF Benchmarks will launch additional cryptocurrency pricing products designed to provide clients with transparent, robust, reliable...
Equinix appoints Harmeen Mehta as Chief Digital and Innovation Officer
Digital infrastructure company Equinix, Inc. (NASDAQ:EQIX) today announced the appointment of Harmeen Mehta as Executive Vice President and Chief Digital and Innovation Officer (CDIO), effective April 4. With 28 years of experience in leading extensive digital...
Questrade launches real-time fractional stock and ETF trading
Canadian online brokerage Questrade announces the launch of real-time fractional stock and ETF trading on all of its platforms beginning today. The addition enables Questrade customers to purchase their portion of hundreds of stocks and ETFs, including those listed on...
BME launches new system to settle Forex transactions in payment versus payment mode
BME has obtained approval from the Bank of Spain to implement an innovative system for settling foreign exchange transactions in a payment versus payment (FXS) mode. This new system offers numerous advantages over bilateral settlement and is designed to improve...
BDSwiss and HF Markets alum Nicolas Morphitis joins startup CFDs broker NRDX as CRO
FNG has learned that experienced FX and CFDs industry executive Nicolas Morphitis has joined startup broker NRDX, as the company’s new Chief Revenue Officer (CRO). Nicolas Morphitis joins NRDX after previously serving as Global Head of Business Development for...
Clearstream enhances Asset Liability Analyser
Clearstream has released an enhanced version of its Asset Liability Analyser, a dashboard designed to help market participants take control of their financial resources with a clear view of credit and collateral usage. The enhanced version introduces a detailed...
State Street Global Advisors makes equity investment in Ethic
State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE:STT), today announced that it has made an equity investment in Ethic Inc, a technology-driven asset management platform that powers personalized, values-aligned, and...
Singapore c-bank says Forex and money markets function normally
The Monetary Authority of Singapore (MAS) today issued a statement on current market conditions. MAS said that Singapore’s foreign exchange and money markets continue to function normally. The regulator noted that it stands ready to curb excessive volatility in the...
Italy’s CONSOB orders blocking of websites of UCapital Trading and Finanza Expert
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of the websites of seven unauthorized firms. The websites offer financial services without the necessary authorization. Consob ordered the blackout of four abusive financial intermediation...
ION Treasury announces launch of its Enterprise Payment Hub
ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, today announced the launch of its Enterprise Payment Hub, a new solution, to centralize, automate, and secure payment processing. The...
INFINOX sponsors Acelerador Racing car in the Porsche Cup Brazil 2025
Leading Retail FX and CFDs broker INFINOX is upping its game in the LATAM region, announcing its latest partnership with Acelerador Racing, sponsoring Acelerador Racing’s car in the Porsche Cup Brazil 2025. The company said that this partnership enhances INFINOX’s...
MetaTrader 4 vs. MetaTrader 5: Key Differences Explained
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the two most widely used trading platforms developed by MetaQuotes. Both offer robust features for online trading, but they cater to slightly different needs. While MT4 is a long-standing favorite among Forex traders, MT5...
CME Group to launch crypto and index Spot Futures targeting retail traders
Chicago based derivatives marketplace operator CME Group has announced plans to launch Spot-Quoted futures on June 30, pending regulatory review. Spot-Quoted futures will allow investors to trade futures positions in spot-market terms – i.e., the price quoted on...
EUR/USD Declines as Markets Await Signals of a Renewed Trade War :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair continues its gradual decline, erasing its recent technical rebound and retreating to 1.0795. Traders remain cautious as key economic and political developments loom.Key factors driving the EUR/USD movementToday (2...
Most of the tariffs imposed by the Trump administration take effect today :: InvestMacro
On Tuesday, the Dow Jones (US30) Index was down 0.03%. The S&P 500 Index (US500) was up 0.38%. The Nasdaq Technology Index (US100) added 0.82%. Uncertainty over President Trump’s upcoming tariffs and weak economic data have kept investors on edge. On Wednesday,...
How markets might react to Trump’s April 2nd tariff announcement? :: InvestMacro
By ForexTime Trump set to announce “reciprocal” tariffs on Wednesday, April 2nd.Markets fear worst-case scenario: average US tariff hiked to 35%Higher tariffs may lead to US stagflation: revived inflation, slower economic growthTariff shocker could see US dollar and...
CPT Markets’ back office head Veronika Thoma joins XValley as COO
FNG has learned that FX and CFD broker technology provider XValley has hired Cyprus based executive Veronika Thoma, as the company’s new Chief Operations Officer (COO). Veronika Thoma joins XValley from Retail FX and CFDs broker CPT Markets, where she was Head of Back...
Axi UK increases Revenues by 42% in 2024 to $39.0 million
Axi Financial Services (UK) Limited, the FCA regulated arm of leading Australia based multi-asset broker Axi, has released its financial results for FY2024 (year-end June 30) indicating a significant increase in activity and profits, for the second year in a row...
Argentex revenues flat in 2024 as company posts £1.2M loss
London-headquartered currency risk management and alternative banking specialist Argentex Group plc (LON:AGFX) has released its financial results for 2024, showing relatively flat top-line Revenues while increasing costs turned a £5M profit in 2023 into a £1M loss in...
eToro IPO valuation: does $5 billion make sense?
FNG Exclusive Analysis… An alternative title to this article could have been something like: Why is online broker eToro going public in the US, when the vast majority of its business (70%) comes from clients in Europe? The answer will become clear, once we take a look...
Interactive Brokers announces Canadian launch of Forecast Contracts
Electronic trading major Interactive Brokers Group Inc (NASDAQ:IBKR) announced the Canadian launch of Forecast Contracts. This new product allows Canadian investors to trade directly on the outcomes of events that impact markets, including economic data releases,...
Interactive Brokers registers 44% Y/Y increase in DARTs in March 2025
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for March 2025. The broker reported 3.471 million Daily Average Revenue Trades (DARTs) for March 2025, 44% higher than in March 2024 and 4% lower than in...
Exclusive: David Klotz and Ingmar Mattus’ retail futures/options broker MetroTrade goes live
FNG Exclusive… FNG has learned that the new retail futures and options brokerage founded by two fairly well-known names in the online trading space – Tickmill co-founder Ingmar Mattus and former Crypto.com COO David Klotz – has gone live, nearly a year after...
IG closes acquisition of neobroker Freetrade
Leading UK online broker IG Group (LON:IGG) has announced that it has completed the £160 million acquisition of London based neobroker Freetrade, effective 1 April 2025. The IG-Freetrade transaction was first announced on 16 January 2025. In a social media post, the...
Institutional FX trading ends Q1 strong with March 2025 volumes up 9%
Heightened capital markets volatility in the wake of impending Trump tariffs led to a very good month in the institutional FX trading market in March 2025, with trading volumes well above monthly and seasonal norms. Average trading volumes at the leading eFX venues...
Tickmill hires Equiti exec Erhan Beyaz to head Data and Analytics
FNG has learned that leading Retail FX and CFDs broker Tickmill has hired Cyprus based executive Erhan Beyaz to the position of Head of Data and Analytics. Erhan Beyaz joins Tickmill after spending the past four years with Equiti Group in its Cyprus office, serving as...
StoneX launches shell egg contract
StoneX Group Inc. (NASDAQ:SNEX) today announced the launch of a new shell egg contract utilizing a global Price Reporting Agency (PRA) benchmark. The new contract provides egg producers, buyers, and food industry participants with a tool to help manage price risk and...
The RBA expectedly kept interest rates unchanged. Oil rose to a one-month high :: InvestMacro
On Monday, the Dow Jones (US30) rose by 1.00%. The S&P 500 Index (US500) gained 1.55%. The Nasdaq Technology Index (US100) was down 0.02%. Investors remain on edge, facing growing concerns about economic growth amid escalating trade tensions. Uncertainty over...
BGC Group completes $325M acquisition of OTC Global Holdings
BGC Group, Inc. (NASDAQ:BGC), a global brokerage and financial technology company, announced today it completed its acquisition of OTC Global Holdings, LP, one of the world’s fastest growing energy and commodities brokerage firms, for $325 million in a substantially...
Robinhood targets NASCAR fans sponsoring 23XI Racing
US neobroker Robinhood (NASDAQ:HOOD), fresh off its recent launch of Sports Betting event contracts, has announced that it is sponsoring the Michael Jordan-Denny Hamlin NASCAR team 23XI Racing (23XI), marking its official entry into the world of motorsports. Robinhood...
What Sets Netting and Hedging Position Accounting Models Apart in Brokerage?
The following is a guest editorial courtesy of the expert content team at leading broker technology provider Leverate. Understanding how your brokerage handles client positions isn’t just helpful, it’s essential. Two of the most critical models in the industry?...
MEXEM joins TradingView’s list of partner brokers
Today, there’s a new addition to TradingView’s trading ecosystem — European brokerage MEXEM, which is now available for trading directly on TradingView charts. Since its inception in 2018, MEXEM has become a trusted brokerage for both European and international...
DIGITEC hires Fenics / 360T alum Darryl Hooker to head BizDev and Partnerships
Hamburg based FX Swaps tech and data provider DIGITEC has announced that Darryl Hooker had joined the company as Head of Business Development and Partnerships. Darryl Hooker has more than 40 years of experience working in the FX market, and an extensive knowledge of...
UK regulator proposes raising FSCS deposit protection limit to £110,000
The UK Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000. The deposit protection limit – which represents the maximum amount of money the FSCS...
United Fintech appoints Anders Johansen as Chief People Officer
Broker and bank technology provider United Fintech has announced that it has appointed Anders Peter Kierbye Johansen as Chief People Officer (CPO), stepping into the Executive Leadership Team. In this newly created role, Anders will drive the group’s people strategy,...
ION to support connectivity to MIAX Futures Onyx
ION, a provider of trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, will support connectivity to the new MIAX Futures matching...
XTB’s Head of Risk Management Andrzej Przybylsk to step down
Poland based Retail FX and CFDs broker XTB SA (WSE:XTB) has announced that its longtime Management Board member and Head of Risk Management, Andrzej Przybylsk, will be resigning his role at the company, effective July 1, 2025. Andrzej Przybylsk has served as XTB’s...
DTCC adds Cenk Kamis of Citi and Laide Majiyagbe of BNY to its Board of Directors
The Depository Trust & Clearing Corporation (DTCC) today announced that two new Board Members have joined its Board of Directors. The new Directors are Cenk Kamis of Citi and Laide Majiyagbe of BNY. Cenk Kamis serves as Chief Financial Officer for Citibank N.A.,...
Exclusive: SquaredFinancial hires Key To Markets exec Marcos Tigsilema as CRO
FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker SquaredFinancial has hired experienced industry executive Marcos Tigsilema, as the company’s new Chief Revenue Officer (CRO). Marcos Tigsilema spent the past four years at London/Cyprus based...
World stock indices sell off under the weight of new tariffs :: InvestMacro
At the end of Friday, the Dow Jones Index (US30) fell by 1.69% (for the week -1.41%). The S&P 500 Index (US500) decreased by 1.97% (for the week -2.40%). The Nasdaq Technology Index (US100) was down 2.61% (for the week -3.79%). Stocks in the US fell sharply on...
MultiBank sees Revenues increase 18% in 2024 to $361 million
Dubai based Retail FX and CFDs broker MultiBank has announced that the company has achieved record-breaking financial performance in 2024, on both the top and bottom line, reinforcing its status as a global industry leader. According to the company’s latest audited...
NYSE Texas opens for business
The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE) today announced that NYSE Texas is officially open for business, becoming the first securities exchange to operate in Texas. Trump Media & Technology Group is the first new company to...
Ingo Payments selects Marqeta as its issuer processing partner
Ingo Payments, a provider of account funding, transfer, and payout solutions, has selected modern card issuing platform Marqeta as its issuer processing partner. This partnership marks a significant step forward in Ingo’s mission to deliver innovative instant account...
Cboe Clear Europe commences clearing of European Securities Financing Transactions
Cboe Global Markets, Inc. today announced that Cboe Clear Europe has commenced clearing of European Securities Financing Transactions (SFTs). Natixis Corporate & Investment Banking acted as a Principal Lender against JP Morgan as a Borrower, as part of the first...
Capital.com joins TheCityUK and UK Finance to drive UK fintech growth
Leading online brokerage group Capital.com has announced that it has joined TheCityUK and UK Finance. The company said that these strategic affiliations evidence Capital.com’s continued dedication to advancing the UK financial services and fintech sectors, advocating...
Robinhood pulls March Madness event contracts from NJ as Kalshi sues
Sports & Business news site Front Office Sports is reporting that US neobroker Robinhood had removed its “NCAA Tournament prediction markets” offering in New Jersey, under pressure (and a cease and desist letter it received) from state gaming regulators. We had...
Eurex unveils organizational changes – FX News Group
Derivatives exchange and clearing house Eurex today announced organizational changes to support its next phase of growth. By integrating activities across asset classes, Eurex targets to further improve client experience and holistically support future growth...
Exclusive: Blueberry hires Prospa / William Hill alum Nadav Linden to head Marketing
FNG Exclusive… FNG has learned that Australia based Retail FX and CFDs broker Blueberry (formerly known as Blueberry Markets) has hired Nadav Linden as the company’s new Head of Marketing. Nadav Linden joins Blueberry from outside “the industry”, but arrives with a...
Speculators add to Japanese & European Bets while US Dollar & Commodity Currencies Bets Slide :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 25th and shows a quick view of how large market...
Speculator Bets led by Sugar & Live Cattle :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 25th and shows a quick view of how large...
Speculator Bets led by Copper & Palladium :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 25th and shows a quick view of how large traders...
Yen, Live Cattle, Steel & Silver lead weekly Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on March 25th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
Speculator Bets led by 10-Year Bonds, Fed Funds & 2-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 25th and shows a quick view of how large...
Weekly Speculator Bets led this week by Nikkei 225 :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 25th and shows a quick view of how large traders...
FX week in review: eToro IPO filed, Plus500 acquisition, Rostro/Scope management shuffle, Robinhood Banking launch
What was revealed in eToro’s first public “F-1” IPO filing about the state of the company – and about how and where eToro really makes its money? What online broker did Plus500 buy, expanding to a region where it previously didn’t have much presence? Why is...
Technical Indicators Signal Major Breakout Potential Despite Recent Price Dip :: InvestMacro
Technical Analyst Clive Maund explains why he thinks it now may be the time to buy or add positions of Armory Mining Corp.’s (ARMY:CSE; RMRYF:OTC; J2S:FRA).Although the price of Armory Mining Corp.’s (ARMY:CSE; RMRYF:OTC; J2S:FRA) stock has drifted off since we first...
The Pound Stands Strong Amid Global Trade Tensions :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair is consolidating around 1.2941 this Friday as the British pound continues to outperform its peers. Unlike other major currencies, the pound has remained relatively insulated from escalating global trade tensions,...
Banxico cut the rate by 0.5%. The global auto market is under pressure from the introduction of tariffs. :: InvestMacro
At the end of Thursday, the Dow Jones Industrial Average (US30) was down 0.37%. The S&P500 Index (US500) was down 0.33%. The Nasdaq Technology Index (US100) was down 0.53%. Trump’s decision to impose 25% tariffs on imported cars, effective in April, has heightened...
It Looks Like Its a Good Time To Buy This Gold Stock :: InvestMacro
Technical Analyst Clive Maund explains why he thinks Rupert Resources Ltd. (RUP:TSX; RUPRF:OTCQX) is an Immediate Strong Buy for all time horizons.Rupert Resources Ltd. (RUP:TSX; RUPRF:OTCQX) is an established gold exploration and development company with a...
Exclusive: EC Markets UK compliance head Mansoor Mushtaq departs
FNG Exclusive… FNG has learned that Mansoor Mushtaq, the longtime Head of Compliance at EC Markets Group Limited, has left the company. Mansoor Mushtaq had been Head of Compliance at EC Markets Group Limited, the FCA-regulated, UK arm of Retail FX and CFDs broker EC...
lack of competition is to blame :: InvestMacro
By Arthur Khomotso Mahuma, University of Johannesburg and Namhla Landani, University of Johannesburg Poultry is one of the cheapest protein sources for the growing population of the east and southern Africa region. That makes soybeans critical to food security in the...
How to Backtest Your Trading Strategy on Metatrader 4
The biggest challenge in forex trading is making consistent profits from the market. Forex traders may need to rely on backtesting to develop a strategy that works. A typical backtesting process involves analyzing historical price movements and testing trading plans...
Copper Co. Should Be Up Way Higher :: InvestMacro
The U.S. dollar index futures (+0.19%) are up to 104.14, with the 10-year yield down 0.96%) to 4.327% and the 30-year yield down 1.06% to 4.679%.Gold (+0.70%) and silver (-0.82% ) are higher, but copper (-0.21%) and oil (-0.27%) are down.Risk barometer Bitcoin is down...
FCA cancels Cashup’s permission to carry on regulated activities
The UK Financial Conduct Authority (FCA) today issued a final notice whereby it cancels Cashup Ltd’s Part 4A permission to carry on regulated activities. Cashup is failing to satisfy the location of offices Threshold Condition because its sole director and approved...
EURUSD braces for Trump tariffs, EU inflation, US jobs report :: InvestMacro
By ForexTime EURUSD up over 4% so far in March 2025; set for biggest monthly gain since Nov. 2022Apr 1: Eurozone’s March CPI could offer mixed readings for EURUSDApr 2: Trump’s “Liberation Day” tariffs could hurt US economy and USDApr 4: US NFP report, Chair Powell’s...
CySEC warns public against dealing with 13 unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against several unauthorized investment firms. The unlicensed entities are: weonmarket.com & platform.dashboardweonmarket.live nortenway.com & cfd.nortenway.com/register primuscfd.net...
BaFin warns of stock recommendations in WhatsApp groups
Germany’s Federal Financial Supervisory Authority (BaFin) today issued a warning against stock recommendations made via WhatsApp groups. The recommendations in the WhatsApp groups often come from supposedly well-known personalities from the financial and stock market...
CFI Prime launches for institutional and professional traders
Leading MENA based online trading provider CFI Financial Group has announced the launch of CFI Prime (at website www.cfiprime.com), its new division designed to cater to institutional and professional traders. Building on over 25 years of legacy in the financial...
ASIC bans Queensland adviser for five years
ASIC has banned Queensland-based financial adviser Grant Richard Thomson from providing financial services, controlling an entity that carries on a financial services business or performing any function involved in the carrying on of a financial services business. In...
FINRA fines USCA Securities for failing to maintain minimum required net capital
USCA Securities LLC has agreed to pay a fine of $75,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Between January 2022 and September 2022, USCA conducted a securities business on 35 days while failing to maintain its minimum...
SIX rolls out SIX Bulk API
SIX, a provider of financial services and market infrastructure, has announced the launch of its new SIX Bulk API solution. This innovative API is designed to seamlessly feed and update databases at speed by providing instant and controlled access to high volumes of...
CFTC asks Court to impose $66M fine on Infinity Q founder
The Commodity Futures Trading Commission (CFTC) is pushing for heavy penalties to be imposed on James Robert Velissaris, founder of Infinity Q Capital Management, LLC. The CFTC filed a motion for summary judgment against Velissaris at the New York Southern District...
ICE, Circle to explore product innovation
Intercontinental Exchange Inc. (NYSE:ICE) and Circle Internet Group, Inc., a global financial technology company, today announced an agreement whereby ICE plans to explore using Circle’s stablecoin USDC, as well as tokenized money market offering US Yield Coin (USYC),...
Coinbase announces open-source release of its MPC cryptography library
Today, Coinbase announced it is open-sourcing its Multi-Party Computation (MPC) cryptography library—enabling security researchers, developers, and institutional partners to leverage its cryptographic expertise while strengthening industry-wide security standards....
Bitpanda gets Dubai VARA crypto license
Vienna, Austria based crypto exchange operator Bitpanda has announced that the company has secured a Broker-Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA). The license will allow Bitpanda to make its virtual assets platform available to...
Deutsche Bank announces management changes
Deutsche Bank today announced changes to its management structure. After eight years as Chief Financial Officer in which he helped lead the bank through a fundamental transformation, James von Moltke has informed the bank that he will not be seeking another term when...
Italy’s CONSOB orders blocking of access to more unauthorized investment firm websites
taly’s Companies and Exchange Commission (CONSOB) today announced that it has issued orders for the blocking of several new unauthorized investment websites. The entities targeted by the latest set of orders are: “Investing Banks” (website https://investing-banks.com...
Standard Chartered rolls out Generative AI tool SC GPT
Standard Chartered has launched SC GPT, a Generative AI (GenAI) tool, across 41 markets worldwide, reinforcing its commitment to innovation. Designed to enhance operational efficiency and client engagement, SC GPT marks a significant step in the Bank’s strategy to...
Binance adds Apple Pay and Google Pay to options for EUR deposits
Binance now offers the option to make EUR deposits using Apple Pay or Google Pay wallets for credit and debit card deposits. This new feature is available on both Binance website and the Binance App (Lite and Pro). With this feature, users can easily and securely...
EUR/USD Faces Further Decline Amid Market Jitters and Trump’s Tariff Threat :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair dropped to 1.0778 on Thursday, staging a modest correction but remaining under pressure amid deteriorating market sentiment.Key drivers weighing on EUR/USDThe latest sell-off is driven by heightened trade war fears....
TradingView adds Aquis exchange data
Continuing its commitment to expanding market access and investment flexibility, TradingView has added Aquis exchange data on the platform. This integration provides access to a broader range of stocks, funds, and depositary receipts, ensuring that traders have the...
Uncertainty over the scope and impact of tariffs increased market volatility :: InvestMacro
The Dow Jones index (US30) was down 0.31% at Wednesday’s close. The S&P500 Index (US500) decreased by 1.12%. The Nasdaq Technology Index (US100) was down 2.04%. The US stocks fell sharply on Wednesday as technology shares led a broad sell-off amid growing concerns...
ATFX Connect receives UK Cyber Essentials Plus certification
ATFX Connect, the London based, FCA regulated institutional arm of leading online broker ATFX, has announced that it has successfully obtained Cyber Essentials Plus certification, underscoring its dedication to a secure IT infrastructure and stringent cybersecurity...
Exclusive: FlexTrade hires Abel Noser alum Nick Keihner as VP Sales
FNG Exclusive… FNG has learned that multi-asset execution and order management systems company FlexTrade has hired Nick Keihner, as the company’s new Vice President Sales. Nick Keihner joins FlexTrade after spending the past seven years at transaction cost analysis...
Leverate platform updates: Netting accounts, increased conversion rate and risk management for Prop firms
Leverate, a leading provider of brokerage technology, has announced a new update to its suite of tools with the addition of Netting accounts (Update v4), empowering Brokers and Prop Trading firms with advanced risk management, streamlined operational controls, and...
NAGA integrates TipRanks’ stock research
NAGA, a leading FinTech company listed on the Frankfurt stock exchange, and TipRanks, a premier stock research website, have announced a strategic partnership to enhance NAGA’s user interface with advanced stock analysis features. This collaboration brings...
IG Japan to extend trading hours for 15 US stock CFDs
IG Securities, the Japanese subsidiary of electronic trading major IG Group, will extend the trading hours for 15 US stock CFDs. The extended trading hours will be implemented from Monday, March 31, 2025. Trading will be available from 5:00 PM Japan time to 9:00 AM...
ADVFN set to delist from LSE
The Board of ADVFN today announced that the Directors have, after careful consideration, concluded that it is in the best interests of the company and its shareholders to seek shareholder approval for the cancellation of admission of the Ordinary Shares to trading on...
Robinhood Banking launches in challenge to legacy banks
US neobroker Robinhood Markets (NASDAQ:HOOD), fresh off reporting record results for 2024, is looking to further expand in the retail financial services sector, announcing the launch of Robinhood Banking alongside a few other initiatives. At its second annual Gold...
EminiFX receiver sues ex-CFO for fraud and breach of fiduciary duty
David A. Castleman, EminiFX Receiver, has initiated an action against Clarelle Dieuveuil, the former Chief Financial Officer of EminiFX in the Supreme Court for the County of New York. In the Complaint, the Receiver alleges that the CFO is liable for breach of...
CySEC warns against five unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against five unauthorized investment firms. The warning targets the following entities: generalfx.io fintelligence24.com rcmbrokerslimited.com xbmkforex.com oakwell.finance CySEC notes that...
Yen Lacks Support as Bulls Take Control :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair climbed to 150.37 on Wednesday, indicating a fading correction from the previous session as trading volumes declined.Key drivers behind the USD/JPY surgeInvestors are shunning risk ahead of potential US retaliatory...
Worldline partners with Castles Technology to provide innovative SoftPOS payment solution in North America
Payment services provider Worldline today announced a partnership with Castles Technology to provide cutting-edge in-person payment solutions in North America. Worldline specializes in delivering top-tier payments technology to Independent Software Vendors (ISVs),...
CN50 index sensitive to flood of earnings this week :: InvestMacro
By ForexTime 34% of CN50 members reporting earnings this week. Earnings by BYD and China Merchants Bank helped support CN50 above 21-day SMA. 24% of CN50 members left to report earnings by the weekend. Banking stocks carry the most weightage (23.8%) on the CN50 index....
Interactive Brokers adds Solana, Cardano, Ripple, and Dogecoin to list of crypto assets
Electronic trading major Interactive Brokers Group, Inc (NASDAQ:IBKR) today announced the addition of four popular cryptocurrency tokens to its trading platform: Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE). These new tokens join Bitcoin (BTC),...
Australia’s inflation rate is at a 3-month low. Oil prices are approaching $70 again :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) rose by 0.01%, the S&P500 Index (US500) gained 0.16%, and the Nasdaq Technology Index (US100) was up 0.46%. Stocks extended gains on hopes that the US’s upcoming retaliatory tariffs next week will be narrower than...
BGC Group reaffirms revenue guidance for Q1 2025
BGC Group, Inc. (NASDAQ:BGC), a global marketplace, data, and financial technology services company for fixed income, Forex, energy, commodities, shipping, and equities, today provided an update on its outlook for the quarter ending March 31, 2025. BGC reaffirmed its...
LankaPay partners with Ant International to make Alipay+ available in Sri Lanka
Sri Lanka’s national payment network LankaPay today announced its partnership with Ant International, a leading global digital payment, digitisation and financial technology provider, to launch Alipay+ acceptance in Sri Lanka. Over 400,000 LANKAQR merchants across Sri...
DXtrade raises its MENA presence via integration with Dubai-based Liquidity Provider amana
Trading platform developer Devexperts has announced a new partnership between its flagship SaaS trading platform, DXtrade, and amana, the Dubai-based neobroker and liquidity provider. Through the partnership, brokers licensing DXtrade will be able to offer traders...
CFI sponsors the Kuwait Basketball Association
Leading MENA based online trading provider CFI Financial Group has announced a new partnership with the Kuwait Basketball Association (KBA), as the Official Partner for the 2025 Kuwait Basketball Season. The parties said that this collaboration underscores CFI’s...
Spotware unveils cBroker v9.4 back office solution with Symbol Split capability
Leading trading technology provider Spotware, developer of the popular cTrader platform, has announced the release of cBroker v9.4, the latest iteration of its powerful back-office solution for brokers. This release follows the recent update of the cTrader 5.1...
Sucden Financial becomes registered Eurex Liquidity Provider
Sucden Financial today announced that it has become a registered Eurex Liquidity Provider, building on its existing Exchange membership. Eurex is one of the world’s leading derivatives exchanges, offering a broad range of international benchmark products and operates...
Exclusive: Evangeline Mauthe joins XTB as Head of Compliance MENA
FNG Exclusive… FNG has learned that experienced FX and CFDs industry regulatory and compliance executive Evangeline Mauthe has joined Poland based broker XTB (WSE:XTB) as Head of Compliance MENA. She will be based in XTB’s just-opened Dubai office for her new role...
Saxo Bank Japan changes trading hours for TRY pairs
Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, today announced changes to trading conditions for currency pairs with the Turkish Lira (TRY). Currently, due to political turmoil in Turkey, the Turkish Lira is...
Hargreaves Lansdown shares delisted from LSE
The UK Financial Conduct Authority (FCA) has cancelled the listing of Hargreaves Lansdown Shares on the equity shares (commercial companies) category of the Official List and the London Stock Exchange has cancelled the trading of HL Shares on its main market for...
eToro IPO filing reveals Revenue of $824M, Profit of $192M in 2024
Israel based, social trading focused online broker eToro has taken the next step in its plans to go public on NASDAQ, publicly filing an “F-1” registration statement with the US Securities and Exchange Commission. While the filing is preliminary and does not yet...
Sumsub launches Reusable Digital Identity product suite
Today Sumsub, a global full-cycle verification platform, is launching its Reusable Digital Identity product suite. It aims to effectively mitigate repetitive verification and redundant Know Your Customer (KYC) checks that negatively impact user experience and...
CME Group, Google Cloud pilot solutions for tokenization of assets
CME Group and Google Cloud today announced that they are piloting solutions for seamless and secure wholesale payments and tokenization of assets. CME Group has successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL),...
Affirm expands multi-year agreement with J.P. Morgan Payments
Affirm (NASDAQ:AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today that it is deepening its multi-year agreement with J.P. Morgan Payments. The agreement will make Affirm’s solutions available to J.P. Morgan Payments’...
Exclusive: Ahmed Azzam named Head of Market Research at Equiti Group
FNG Exclusive… FNG has learned that leading UAE based online brokerage Equiti Group has promoted Ahmed Azzam to the position of Head of Market Research. Ahmed Azzam first joined Equiti Group in early 2023, as was also reported exclusively at the time here at FNG, as a...
Robinhood adds Meta CRO John Hegeman to its Board
US neobroker Robinhood Markets (NASDAQ:HOOD) has announced that John Hegeman has joined its Board of Directors. “John has strong experience driving innovation and growth across platforms and brings valuable perspectives as we expand our platform for millions of...
DTCC’s FICC launches enhanced Agent Clearing Service
The Depository Trust & Clearing Corporation (DTCC) today announced its Fixed Income Clearing Corporation (FICC) subsidiary has successfully launched its enhanced Agent Clearing Service, as well as new capabilities to separate house and customer activity and margin...
Binance takes action against market maker of project Movement
Binance has taken action against a market maker of the project Movement (MOVE) due to market irregularities. Binance has identified a market maker of the project Movement (MOVE) to have association with another market maker that Binance recently offboarded and forbid...
KX emerges as standalone software company
KX, a high-performance analytical database, today emerges as an independent software company following the sale of First Derivative by its parent company FD Technologies in October 2024. By merging temporal intelligence with ultra-fast data processing and analytics,...
IG Group hires Adevinta / Aalto alum Esteve Jane as MD Europe
FNG has learned that leading UK online broker IG Group (LON:IGG) has hired Barcelona based executive Esteve Jane as the company’s new Managing Director Europe Division, to head its non-UK European business. Esteve Jane joins IG Group from outside “the industry”. For...
Mexico’s Banco Base selects Integral FX technology to bolster derivatives operations
Financial institution trading tech provider Integral has announced that Mexican bank Banco Base has adopted its FX technology to elevate its derivatives operations and remain one step ahead of competitors. Banco Base, focused on international transfers and specialized...
Leverate integrates TradingView charts to enrich its brokerage solution
Leverate, a leading provider of cutting-edge brokerage and prop solutions, has announced its new collaboration with TradingView, the industry’s premier charting and trading platform. Through this collaboration, brokerages and prop trading firms using Leverate’s...
24 Exchange launches new direct connection to LCH ForexClear
Bermuda domiciled OTC product trading platform 24 Exchange has announced that it is officially an approved trade source for FX NDF clearing at LCH ForexClear, a leading foreign exchange clearing solution which is part of the Post Trade division of LSEG (London Stock...
Scheme of arrangement for Hargreaves Lansdown acquisition becomes effective
The scheme of arrangement for the Hargreaves Lansdown acquisition by Harp Bidco Limited has become effective. Harp Bidco Limited (“Bidco”) is a newly formed company indirectly owned by CVC Private Equity Funds, Nordic Capital XI Delta, SCSp (acting through its general...
Duterte’s rendition, PH political turmoil and the ICC’s dilemma :: InvestMacro
By Dan SteinbockOn Thursday, the Philippines saw hours of political drama that left masses of Filipinos angry and ICC observers perplexed. The Duterte rendition could have long-lasting, adverse consequences in both the Philippines and the ICC.In the Senate’s...
TradingView adds market data from 16 decentralized exchanges
TradingView has added market data from 16 decentralized exchanges. Built on six different blockchains, they bring a whole universe of crypto data to enhance analysis. With this latest update, TradingView is introducing data from the following blockchains and their...
Oil prices rise amid a new OPEC+ plan to cut production. Inflation in Singapore continues to weaken. :: InvestMacro
On Friday, the Dow Jones (US30) rose by 0.08% (week-to-date +1.27%). The S&P 500 Index (US500) gained 0.08% (week-to-date +0.57%). The Nasdaq Technology Index (US100) gained 0.39% (week-to-date +0.42%). The major US indices bounced off their lows in the afternoon...
Forex Brokers vs. Payments: The Hidden Battle No One Talks About
The forex industry is a highly competitive space, marked by razor-thin margins and an ever-growing demand for seamless global operations. But behind the trading terminals and technical charts lies a challenge that often goes unspoken: payments. Traditional payment...
Rostro Group shuffles management ahead of planned expansion into payments, crypto
London and Cyprus based FX and CFD broker holding company Rostro Group has announced a series of management changes, ahead of what the company says will be an expansion into “a number of new verticals” including payments, digital assets, hedge funds and private...
CLEAR moves its payments and billing to Stripe
Financial infrastructure platform for businesses Stripe today announced that identity verification platform CLEAR is moving its payments and billing to Stripe. CLEAR is best known for its flagship membership, CLEAR Plus, which uses biometrics to speed up identity...
eToro enables clients in the UK and Europe to transfer their crypto to eToro to invest in other assets
Online broker eToro announced today that its clients in the UK and Europe can now transfer cryptoassets held with other exchanges, brokers, or in other blockchain wallets to the eToro Crypto Wallet, where they can convert their holdings to cash, in order to trade and...
HK regulator imposes $5M fine on Enlighten Securities Limited
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Enlighten Securities Limited (ESL) $5 million for internal control failures over securities margin financing. The SFC has also suspended the licence of Mr Denny Kua Kong Chak – a responsible...
CQG to no longer support Windows 10
CQG, a provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, will no longer support Windows 10. Microsoft will officially end support for Windows 10 on October 14, 2025. In line with this, CQG will no longer support...
21Shares announces new listings on Nasdaq Stockholm
21Shares AG, an issuer of crypto exchange-traded products (ETPs), today announced the listing of three of its leading ETPs on Nasdaq Stockholm, further expanding the firm’s European footprint. The newly listed products include the 21Shares Bitcoin Core ETP (CBTC), the...
Plus500 to acquire Mehta Equities
Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has conditionally agreed to acquire the entire share capital of Mehta Equities Limited, an Indian financial services company providing, inter alia, broking services including futures, options and cash equities trading...
FX week in review: NinjaTrader and Currency.com sold, Robinhood sports betting, record results at Swissquote and Tiger Brokers
Which crypto exchange operator paid $1.5 billion to acquire retail futures trading provider NinjaTrader? How is neobroker Robinhood breaking into the Sports Betting market? How did record results look like at each of Swissquote, and Tiger Brokers? Which executive...
Crypto platform Debiex to pay $2.4M for online romance scam
US derivatives market regulator The Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the District of Arizona issued a default judgment against Debiex, a purported digital asset platform. The order, issued March 13, finds...
US Treasury removes economic sanctions against Tornado Cash
The U.S. Department of the Treasury today announced its decision to remove the economic sanctions against Tornado Cash. The decision follows “the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and...
CME Group imposes $60k fine on TFS Derivatives HK
International derivatives marketplace CME Group today posted a notice of disciplinary action against TFS Derivatives HK Limited. Pursuant to an offer of settlement in which TFS Derivatives HK Limited neither admitted nor denied the rule violations or factual findings...
EURUSD Loses Momentum as Fed Bolsters the US Dollar :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair is trending downward, approaching 1.0829 on Friday as investors evaluate the latest developments in US Federal Reserve monetary policy.Key drivers behind EUR/USD movementOn Wednesday, the Federal Reserve held its...
GBPUSD set for end March mayhem? :: InvestMacro
GBPUSD ↑ almost 3% MTDWednesday = UK Spring Statement + UK CPIOver past year UK CPI triggered moves of ↑ 0.5% & ↓ 0.3%Across the Atlantic = Fed speeches + US PCE report Bloomberg FX model: GBPUSD has 75% of trading within 1.2799 – 1.3081 over 1-week periodThe week...
Tigress Financial Partners to pay $100k fine to settle with FINRA
Tigress Financial Partners, LLC has agreed to pay a fine of $100,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Beginning in 2018, Tigress onboarded hundreds of new customers domiciled in high-risk foreign jurisdictions. From...
SNB cut the interest rate to 0.25%. Inflationary pressures are easing in Hong Kong and Malaysia :: InvestMacro
On Thursday, the Dow Jones (US30) Index was down 0.03%. The S&P 500 Index (US500) decreased by 0.22%. The Nasdaq Technology Index (US100) fell by 0.33%. The US stocks closed lower on Thursday, ceding some of the previous session’s gains as investors reassessed...
CFTC asks Court to impose $18.9M penalty on head of Bright Future Financial
The Commodity Futures Trading Commission (CFTC) has requested the Court to impose a heavy fine on Damien Moran, head of Crown Bullion, Inc. and Bright Future Financial LLC. The CFTC filed the relevant documents with the Texas Northern District Court on March 19, 2025....
ICE fines A.E. Bruggemann for alleged rule violations
ICE Futures U.S. has posted a disciplinary notice against A.E. Bruggemann & Co. On March 19, 2025, a subcommittee of the Exchange’s Business Conduct Committee determined that from February through June of 2023, A.E. Bruggemann & Co. may have violated Rules...
Exclusive: BDSwiss alum Elena Yiangou joins Finera as Head of Marketing
FNG Exclusive… FNG has learned that Cyprus based payment solutions startup Finera has hired Elena Yiangou, as the company’s new Head of Marketing. Elena Yiangou joins Finera after spending the past eight years with Retail FX and CFDs broker BDSwiss, in various...
CQG unveils enhancements to CQG One and CQG Desktop platforms
CQG, a provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, has updated CQG One and CQG Desktop. The enhancements in CQG One & CQG Desktop Version 10.2 include the addition of cost of carry functionality to the...
Compagnie Financière Tradition registers 11% Y/Y rise in revenues in 2024
Compagnie Financière Tradition SA, one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products, today posted its financial results for 2024. In 2024, the dynamic macroeconomic environment in which the Group operated was...
Five luxury handbags: wife of OneCoin co-conspirator goes to the mattresses
Lidia S. Kolesnikova, wife of Mark Scott, who got a prison sentence for laundering $400 million of the proceeds from fraudulent investment scheme OneCoin, asserts her interest in five luxury handbags. Ms Kolesnikova acknowledges that her husband committed crimes but...
SBI Investment Co invests in QuEra Computing
SBI Investment Co., Ltd. today announced that it has invested in QuEra Computing Inc., a developer and provider of quantum computers using neutral atoms. Based in Boston, QuEra has built on pioneering research from nearby Harvard University and the MIT to develop the...
IOSCO launches new alerts portal to help combat investment fraud
The International Organization of Securities Commissions (IOSCO) has introduced its new investors alerts portal, a dedicated platform to help combat investment fraud globally. The International Securities & Commodities Alerts Network (I-SCAN) is a unique global...
FCA fines London Metal Exchange £9.2M
The UK Financial Conduct Authority (FCA) has fined the London Metal Exchange (LME) £9.2 million for failing to ensure its systems and controls were adequate to deal with severe market stress. Between 4 and 8 March 2022, the price of LME’s 3-month nickel futures...
eToro makes futures trading available to new clients in Spain
Online broker eToro announced today that it has made futures trading available to new clients in Spain. New clients are those who signed up from August 2024. The list of futures contracts available currently includes: Micro WTI Crude Oil Future Nasdaq 100 (Micro...
New Peaks on the Horizon :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair surged to 1.3008 on Thursday, marking its highest level in 4.5 months. This upward momentum has fuelled speculation about additional gains for the British pound.Global Factors to Drive GBP/USD MovementThe market has...
DTCC joins ERC3643 Association – FX News Group
The Depository Trust & Clearing Corporation (DTCC) today announced it is joining the ERC3643 Association. As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard. The ERC3643 token standard, initially...
Exclusive: Dubai CFDs broker Stonefort hires Ahtesham Amin Syed as Head of Sales
FNG Exclusive… FNG has learned that Dubai based startup Retail FX and CFDs broker Stonefort has hired experienced industry executive Ahtesham Amin Syed, as the company’s new Head of Sales. Ahtesham Amin Syed joins Stonefort from offshore CFDs broker 9Cents, where he...
The FOMC and PBoC expectedly kept interest rates at current levels. New Zealand’s economy came out of a recession :: InvestMacro
At Wednesday’s close, the Dow Jones Industrial Average (US30) was up 0.93%. The S&P 500 Index (US500) added 1.08%. The Nasdaq Technology Index (US100) jumped 1.41%. The Fed left the federal funds rate unchanged at 4.25-4.5% at its March 2025 meeting, extending a...
NinjaTrader confirms $1.5B acquisition by Kraken
Further to our report from earlier today that crypto exchange operator Kraken was in late-stage talks to acquire retail futures trading provider NinjaTrader, NinjaTrader confirmed that indeed an agreement had been reached, which will see NinjaTrader sold for $1.5...
Exclusive: Trading 212 Chairman Andrew Bole steps down
FNG Exclusive… FNG has learned that longtime Trading 212 board of directors member and Chairman Andrew Bole has resigned his role with the company. Andrew Bole had served as Chairman of Bulgaria/London based retail online broker Trading 212 since 2020. We reported...
CME Group to launch BrokerTec U.S. Treasury Central Limit Order Book in Chicago
International derivatives marketplace CME Group today announced that it will launch a second BrokerTec central limit order book (CLOB) for cash U.S. Treasuries in the third quarter of 2025. The new CLOB will be co-located in Chicago next to CME Group’s deeply liquid...
Italy’s CONSOB blocks more unauthorized investment websites, total reaches 1260
Italy’s Companies and Exchange Commission (CONSOB) has issued orders for the blocking of several new unauthorized investment websites. The websites targeted by the latest orders are: “Monetizeer”, website www.monetizeer.top; “Liberty Invested Limited”, website...
Muinmos buys equity stake in Africa Due Diligence
Client onboarding and KYC solutions provider Muinmos has announced that the company has formed a strategic partnership with Africa Due Diligence (ADD), to enhance trust and compliance in the African financial sector and create growth opportunities in the region. As...
HK regulator suspends finfluencer Franky Wong for 16 months
The Securities and Futures Commission (SFC) has suspended Mr Wong Ming Chung, a finfluencer known as Franky Wong. Wong, who is a licensed representative of Tse’s Securities Limited (TSL), is suspended for 16 months from 19 March 2025 to 18 July 2026 following his...
Exclusive: Spotware CPO Denis Kiselev departs
FNG Exclusive… FNG has learned that Spotware Systems’ Chief Product Officer (CPO), Denis Kiselev, has left the company. Denis Kiselev had served as Spotware’s CPO since January 2024, and oversaw development of the company’s popular cTrader multi-asset trading...
CME to update Client End of Day Report to include CME FX Spot+
Effective Sunday, April 13 (trade date Monday, April 14), the Client End of Day Report, which includes order and trade activity, will be updated to include CME FX Spot+. CME FX Spot Plus (CME FX Spot+) is a new tradable spot FX instrument, leveraging CME FX futures...
Centroid Risk integrated into the Match-Trader trading platform
Leading connectivity and execution solutions provider Centroid Solutions has announced the successful integration of Centroid Risk with the Match-Trader trading platform, further deepening the collaboration between the two companies. This development builds upon the...
MetaQuotes rolls out updated MT5 app for iOS-based devices
Fintech company MetaQuotes has released the latest version of the MetaTrader 5 mobile app for iOS-based devices. The app introduces a range of convenient chart features, along with important stability improvements for a smoother user experience. A text object for...
The US indices are under pressure again. Oil declines amid oversupply :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) fell by 0.62%. The S&P 500 Index (US500) was down 1.07%. The Nasdaq Technology Index (US100) lost 1.66%. Tesla shares fell by 5.3% after RBC Capital Markets lowered its price target, citing increasing EV...
ASIC issues scam alert about impersonators
Consumers have received emails and phone calls from scammers purporting to be from the Australian Securities and Investments Commission (ASIC), asking them to provide a payment to enable funds or assets to be released. ASIC is aware of a recent example where requests...
Japanese Yen Continues to Slide as Bank of Japan Disappoints Markets :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair surged to 149.58 on Wednesday, marking its fourth consecutive day of gains as the Japanese yen extended its decline. The Bank of Japan’s (BoJ) latest policy decision failed to inspire confidence, leaving investors...
FCA cancels Ponto Tech’s registration as Small Payment Institution
The UK Financial Conduct Authority (FCA) has cancelled Ponto Tech LTD’s registration as a Small Payment Institution under the Payment Services Regulations 2017 (“the PSRs”). The Authority has concluded that the firm is no longer meeting the requirement of being...
Exclusive: Axi hires PrimeXBT / Tickmill alum Pavlina Charalampous for Sponsorship marketing
FNG Exclusive… Highlighting the increasing importance (and investment) that Retail FX and CFDs brokers are putting lately into sponsorships, FNG has learned that leading Australia based broker Axi has hired experienced industry marketing executive Pavlina...
Cboe Silexx adds FLEX position support
Cboe Silexx, a multi-asset order execution management system (OEMS) that caters to the professional marketplace, has announced a series of enhancements as part of version 25.3. Portfolio | FLEX Position Support Cboe Silexx announces the release of FLEX position...
Alpha Group reports 23% Y/Y increase in revenues for 2024
Alpha Group International plc (LON:ALPH), a provider of high-tech, high-touch financial solutions to businesses, today announced its audited Full Year Results for the year ended 31 December 2024. Total revenue increased 23% to £136m (2022: £110m) in 2024. Corporate...
HK watchdog bans former CEO of Kylin International for 14 months for fund management failures
The Securities and Futures Commission (SFC) of Hong Kong has prohibited Mr Steven Wong Yung, a former responsible officer (RO) and chief executive officer of Kylin International (HK) Co., Limited, from re-entering the industry for 14 months. The ban will run until 17...
MAS Digital partners with TP ICAP’s Fusion Digital Assets on crypto liquidity
MAS Digital, the institutional crypto liquidity provision unit of London based MAS Group (formerly BidX Markets), has announced a strategic partnership with TP ICAP’s Fusion Digital Assets, an FCA-registered wholesale marketplace for digital assets. This collaboration...
Fiserv acquires payment solutions provider CCV
Fiserv, Inc. (NYSE:FI), a global provider of payments and financial services technology today announced that it has acquired CCV, a payment solutions provider in the Netherlands, Belgium and Germany. The acquisition enables Fiserv to accelerate the deployment of its...
CME Group announces first trades of Solana futures
International derivatives marketplace CME Group today announced its new Solana (SOL) futures are now available for trading in both a micro-sized (25 SOL) and a larger-sized contract (500 SOL). The first trade, a block, took place on Sunday, March 16, and was executed...
TrioMarkets MENA CEO Natasha Kassar moves to YaMarkets
FNG has learned that experienced FX and CFDs industry executive Natasha Kassar has joined offshore CFDs broker YaMarkets, as Regional Sales Manager, to focus on MENA region markets. Natasha Kassar joins YaMarkets after spending the past two years as MENA CEO at rival...
Amy Stirling to step down as Hargreaves Lansdown CFO
Hargreaves Lansdown plc (LON:HL) today announced that Amy Stirling, Chief Financial Officer (CFO) has informed the Board of her decision to step down from her role following the sanction of the scheme of arrangement by the Court today and planned delisting of HL on 25...
DTCC’s NSCC to increase clearing hours to support extended trading
The Depository Trust & Clearing Corporation (DTCC) today announced that its National Securities Clearing Corporation (NSCC) subsidiary will increase clearing hours to support extended trading. The implementation is targeted for Q2 2026, subject to regulatory...
FINRA fines Northern Trust Securities for reporting deficiencies
Northern Trust Securities, Inc. has agreed to pay a fine of $150,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From August 2016 to December 2024, Northern Trust violated FINRA Rules 6730 and 2010 by failing to report its...
Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy :: InvestMacro
By Bradley Wade Bishop, University of Tennessee Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see – museum collections are filled with all this and...
Exclusive: EC Markets hires Equiti alum Gleb Kaplan as Head of Technology UK
FNG Exclusive… FNG has learned that Retail FX and CFDs broker EC Markets has hired Gleb Kaplan, as Head of Technology for EC Markets UK. Gleb Kaplan spent the past eight years at UAE based broker Equiti Group as Global Head of Engineering, based out of London, before...
Corpay Cross-Border establishes Luxembourg office
Corporate payments provider Corpay, Inc. (NYSE:CPAY) today announced its entry into Luxembourg with the establishment of a new office for its Cross-Border business. As part of Corpay’s ongoing expansion in Europe, this significant move aligns with the company’s...
New Milestones Ahead :: InvestMacro
By RoboForex Analytical Department On Tuesday, the price of Gold surged to an unprecedented 3,013 USD per troy ounce, marking a new all-time high. This milestone follows a prolonged upward trend, driven by heightened investor demand for safe-haven assets ahead of the...
Exclusive: Finalto R&D head Mikkel Kallerup Olsen departs
FNG Exclusive… FNG has learned that Mikkel Kallerup Olsen, R&D Manager at Finalto, has left his position at the company. Mikkel Kallerup Olsen, who is based in Copenhagen, had been with Finalto since 2021. As head of R&D, Mikkel oversaw Finalto’s proprietary...
The OECD downgraded its growth expectations for the G20 economies. Oil prices rose for the third consecutive session. :: InvestMacro
Stocks on Wall Street started the week on an optimistic note. On Monday, the Dow Jones (US30) rose 0.85%. The S&P 500 Index (US500) gained 0.64%. The Nasdaq Technology Index (US100) was up 0.55%. Softer-than-expected retail sales data, which showed a modest 0.2%...
Options Technology partners with Data Intellect
Options Technology, a global provider of cloud-enabled managed services for the financial sector, today announced a partnership with Data Intellect, a specialist in advanced data analytics and software development. This collaboration will combine Data Intellect’s deep...
eToro offers additional deposit currencies to its European clients
Online broker eToro today announced additional deposit options in local currencies for its European clients. eToro is making it easier for its European clients to deposit funds, as credit card & bank transfer deposits are now available in eight local currencies....
Nasdaq, nuam extend technology partnership
Nasdaq (NASDAQ:NDAQ) and nuam, the merger of Santiago, Lima, and Colombia stock exchanges, today announced an extension of their strategic technology partnership, which will see all three exchanges’ central securities depositories (CSD) adopt Nasdaq’s CSD platform to...
Swiss FINMA issues license to DLT trading facility operated by BX Digital
Switzerland’s Financial Market Supervisory Authority (FINMA) has licensed the first DLT trading facility to date. The DLT trading facility operated by BX Digital allows DLT securities to be traded. The licence was granted on the basis of the DLT Act. BX Digital AG, a...
Tiger Brokers operator UP Fintech sees record Revenues topping $100M in Q4-2024
UP Fintech Holding Limited (NASDAQ:TIGR), which operates the online brokerage brand Tiger Brokers, has announced its financial results for the fourth quarter of 2024 showing record quarterly Revenues but lower Net Profit for the company. Net Revenue came in at $107.4...
Golden Milestone
Source: Michael Ballanger (3/17/25) Michael Ballanger of GGM Advisory Inc. takes a look at gold, silver, and copper amid political shifts in the U.S. and shares two of his favorite junior developers. This is a week that shall go down in the annals of history, the week...
Cboe Options to introduce wide market protection
Effective April 3, 2025 on EDGX Options Exchange, and effective April 7, 2025 on Cboe Options (C1), Cboe C2 Options, and BZX Options Exchanges, subject to regulatory review, Cboe will introduce wide market protection (WMP) functionality to reduce the risk of orders...
The push to restore semiconductor manufacturing faces a labor crisis − can the US train enough workers in time? :: InvestMacro
By Michael Moats, Missouri University of Science and Technology Semiconductors power nearly every aspect of modern life – cars, smartphones, medical devices and even national defense systems. These tiny but essential components make the information age possible,...
NinjaTrader launches revamped livestream NinjaTrader Live
NinjaTrader, a fintech platform for retail futures trading, has launched a revamped livestream, NinjaTrader Live. The stream, led by veteran futures trader Anthony Crudele, aims to help retail traders find their daily trading edge while building strong fundamentals...
Silver Tarnished No More :: InvestMacro
A Case for Silver’s RiseSilver has long been a precious metal that plays a dual role: a store of value and an industrial commodity. With recent economic trends and historical patterns, the case for a significant price increase in silver is becoming more...
TopFX continues rebrand with new website
Following our recent reports that Cyprus based FX and CFDs broker TopFX was making some major changes following a changeover in management, TopFX has announced that it has launched a brand-new website and refreshed its identity, marking a major milestone in the...
Clearstream confirms incident from 27 February 2025 fully resolved
Clearstream Banking today informed its clients that the incident that occurred on 27 February 2025 has been fully resolved. Clearstream Banking advises clients that the deadline for appeals for penalties for the month February 2025 has been extended until 20 March...
MENA CFDs industry executive Yasir Mubarak passes away
FNG is saddened to report the sudden passing of longtime CFDs industry executive Yasir Mubarak. Yasir Mubarak, who was based mainly out of Amman, Jordan, spent most of the past two decades working in the Retail FX and CFDs sector. He was a noted market analyst and...
Robinhood plows ahead with Sports Betting, adding Event Contracts to its app
US neobroker Robinhood (NASDAQ:HOOD) has announced that its Robinhood Derivatives, LLC (RHD) unit has added a “prediction markets” hub directly within the Robinhood App, giving customers the opportunity to trade on the outcomes of some of the world’s biggest events....
FCA turns down Zeux Limited’s application for registration as cryptoasset exchange provider
The UK Financial Conduct Authority (FCA) has nixed Zeux Limited’s attempt to secure registration as a cryptoasset exchange provider. The application, submitted in June 2022, showed that the firm had failed to implement anti-money laundering controls and carry out...
China launches a plan to boost domestic consumption. Global trade tensions remain. :: InvestMacro
Despite Friday’s good growth, US indices closed the week in negative territory. On Friday, the Dow Jones (US30) Index gained 1.65% (for the week -2.40%). The S&P 500 Index (US500) increased by 2.13% (for the week -1.16%). The Nasdaq Technology Index (US100) was up...
StoneX invests in payments company Bamboo
StoneX Group Inc. (NASDAQ:SNEX) and Bamboo Payment Systems announce that StoneX Payments, a division of StoneX, and Bamboo have entered into a strategic partnership to expand cross-border payment offerings and coverage for global merchants. The partnership includes an...
Acuity Trading turns to interop.io for increased interoperability
Sentiment analysis based trading tools provider Acuity Trading has announced that is partnering with interop.io to make its financial market insights more accessible, through seamless interoperability. By integrating Acuity’s AI-driven news and data tools with...
Tickmill doubles Crypto payouts for Introducing Brokers
Tickmill, a leading multi-asset broker, has announced that the company has significantly enhanced its Introducing Broker (IB) program by doubling crypto commissions to 0.002% of total notional volume. Under the new structure, IBs will now earn $4 instead of $2 for an...
ESMA extends tiering and recognition of three UK-based CCPs
The European Securities and Markets Authority (ESMA) announced today its decision to temporarily extend the application of the recognition decisions under Article 25 of the European Market Infrastructure Regulation (EMIR) for three central counterparties (CCPs)...
FCA fines Robin Crispin Odey £1.8M, bans him from UK financial services industry
The UK Financial Conduct Authority (FCA) has decided to fine Crispin Odey of Odey Asset Management LLP (OAM) £1.8 million and ban him from the UK financial services industry for a lack of integrity. The FCA considers that Mr Odey deliberately sought to frustrate OAM’s...
Beeks registers 22% Y/Y rise in revenues in H1 FY25
Beeks Financial Cloud Group Plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today announced its unaudited results for the six months ended 31 December 2024. Group revenues grew by 22% to £15.79m (H1 2024: £12.96m) driven by organic...
Capital.com’s Viktor Prokopenya offloads crypto business Currency.com to CXNEST
VP Capital Ltd., the investment arm of Capital.com controlling shareholder and London based entrepreneur Viktor Prokopenya, has successfully announced that it has completed the sale of crypto exchange Currency.com to a group of investors represented by CXNEST Ltd,...
Exclusive: Deriv Prime lead Debbie Georgiou departs
FNG Exclusive… FNG has learned that Debbie Georgiou, a lead executive in Retail FX and CFDs broker Deriv’s institutional liquidity arm, Deriv Prime, has left the company. Debbie Georgiou had been with Deriv Prime, based in Cyprus, since 2022 with the title Senior...
ASIC issues update for investors in First Guardian Master Fund
The Australian Securities and Investments Commission (ASIC) has issued an update for investors in the First Guardian Master Fund. ASIC has applied to the Federal Court for the appointment of liquidators to Falcon Capital Limited, the responsible entity for the First...
FX week in review: Saxo Bank sold, Panda TS forced sale, Ben Bilski’s crypto launch, NAGA and Finalto COOs leave
Mergers and acquisitions were top-of-mind in the FX and CFDs arena this past week. One of the leading and oldest brokers out there – Saxo Bank – was acquired by a surprise buyer from outside “the industry”, and broker technology provider Panda is facing a...
Bitcoin Depot names Chris Ryan its Chief Legal Officer
Bitcoin Depot (NASDAQ:BTM), a US-based Bitcoin ATM operator and fintech company, announced today that Chris Ryan has been appointed Chief Legal Officer. Before joining Bitcoin Depot, Ryan served as Deputy General Counsel at MoneyGram International, where he led global...
Diving into Forex and Commodity Trading in Kenya
Forex trading is the act of buying and selling currencies. It’s a lucrative market, as it can be seen as one of the oldest trading ideologies, as currencies, especially fiat currencies, have been around for a long time now. There is quite an interesting dip and rise...
Exclusive: Frini Fournari named Chief Compliance Officer at Rostro Group
FNG Exclusive… FNG has learned that London and Cyprus based FX and CFD broker holding company Rostro Group has named Frini Fournari as the company’s new Chief Compliance Officer. Based in Limassol, Frini Fournari first joined Rostro in 2023, as Group Head of...
Cemetery worker to pay $400k in penalties for Forex fraud
The Securities and Exchange Commission (SEC) has charged Massachusetts resident Jonathan Webb for defrauding investors in a securities offering that included low-income cemetery employees. Webb has agreed to settle the case and to pay almost $400,000 in monetary...
USDJPY set for Wednesday showdown :: InvestMacro
By ForexTime Yen expected to be one of the most volatile in G10 space vs USDBoJ and Fed seen holding rates, but policy hints could spark volatilityOver past year BoJ triggered moves of ↑ 1.4% & ↓ 1.5%Over past year Fed triggered moves of ↑ 0.7% & ↓...
TradingView adds new modes for Volume Footprint charts
TradingView continues to improve its charts to help make trading analysis smooth and effective. Based on users’ feedback, TradingView has added two new display options for the Volume Footprint chart: Profile mode and Ladder type. In Profile mode, the width of each...
Escalating trade tensions triggered a risk reduction among investors :: InvestMacro
At the end of Thursday, the Dow Jones Index (US30) fell by 1.30%. The S&P 500 Index (US500) was down 1.39%. The Nasdaq Technology Index (US100) lost 1.89%. Signs of escalating trade tensions triggered risk-off, sending stock prices tumbling. President Trump has...
Bybit targeting CFDs traders with zero-fee MT5 indices offer
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is taking aim at increasing its presence in the non-crypto trading arena, announcing a new perk for MT5 users on Bybit in a zero-fee trading event, which the company calls “Indices...
Gold poised for record highs strong demand and stable outlook :: InvestMacro
By RoboForex Analytical Department On Friday, the price of Gold surged to 2,983 USD per troy ounce, marking a new record high. The precious metal closed the week with a gain of over 2%, driven by a decline in risk appetite and growing expectations of interest rate...
HK regulator pushes for disqualification orders against former board of 3DG Holdings
The Securities and Futures Commission (SFC) of Hong Kong has commenced legal proceedings in the Court of First Instance to seek disqualification and compensation orders against eight former directors of 3DG Holdings (International) Limited (formerly known as Hong Kong...
FCA considers removing £100 contactless limit
The UK Financial Conduct Authority (FCA) has published a paper seeking views on removing the £100 contactless limit. The FCA is looking at whether removing or increasing the contactless limit could benefit consumers, merchants and economic growth in the UK. Making...
Exclusive: Finalto management changes continue, COO Stanislav Bunimovich departs
FNG Exclusive… FNG has learned that longtime Finalto executive, and the company’s COO, Stanislav Bunimovich, has left his position with Finalto. Earlier this year we reported that Finalto CEO Matthew Maloney had also stepped down, as Finalto is making some major...
Hargreaves Lansdown applies for up to 800k ordinary shares to trade on LSE main market
Hargreaves Lansdown plc (LON:HL) today announced that an application has been made to the Financial Conduct Authority (FCA) and the London Stock Exchange plc (LSE) for up to 800,000 ordinary shares of 0.4 pence each to trade on the main market of the LSE and to be...
CFTC pushes for heavy penalties to be imposed on Michael Staryk and Magestic World Wide
The Commodity Futures Trading Commission (CFTC) is pushing for a heavy fine and restitution to be imposed on Michael Staryk, doing business as Magestic World Wide. Earlier this week, the CFTC filed a motion for default judgment against Staryk at the Connecticut...
Italy’s CONSOB blocks websites of Apollo Trade FX and Guru4Invest
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to several unauthorized investment websites. Consob ordered the blackout of four illegal financial intermediation websites and one website which conducted an advertising campaign for...
Exclusive: Pepperstone hires Kim Reilly from FP Markets as Head of Client Experience
FNG Exclusive… FNG has learned that Australia based Retail FX and CFDs broker Pepperstone has hired experienced industry executive Kim Reilly, as its new Head of Client Experience. Based in London, Kim Reilly joins Pepperstone after spending the past five years at FP...
Exclusive: Former NAGA CEO Ben Bilski launching “game changing” crypto trading venture
FNG Exclusive… FNG has learned that Ben Bilski, founder and former CEO of Hamburg based online broker NAGA Group (ETR:N4G), is getting set to launch a new venture in the crypto trading space. Ben Bilski left NAGA Group almost exactly one year ago, as was also...
CME Group launches new CME Cross Currency API
International derivatives marketplace CME Group has launched a new CME Cross Currency API. This is a complementary REST API to retrieve the existing EUR/USD Cross Currency Basis Index data, which measures the basis point deviation from the covered interest rate parity...
The Bank of Canada cut the interest rate as expected. The EU and Canada imposed retaliatory tariffs on the US. :: InvestMacro
At the end of Wednesday, the Dow Jones (US30) fell by 0.20%. The S&P 500 Index (US500) was up 0.49%. The Nasdaq Technology Index (US100) added 1.13%. Stock indices mostly rose on Wednesday, although the Dow Jones Industrials Index fell to a 6-month low. Stocks...
Hantec Markets ups LaTam presence with Fortaleza EC sponsorship
Continuing its recent focus on Latin American markets, Dubai and London based Retail FX and CFDs broker Hantec Markets has announced that it has become the Official Trading Partner of Fortaleza EC, one of Brazil’s most beloved football clubs. Fortaleza, known for its...
EUR/USD holds onto hopes of further growth as investors assess the risks :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair is trading near 1.0887 on Thursday as investors cautiously evaluate the impact of escalating global trade tensions on the economy and consumer behaviour. Despite the uncertainty, the currency pair shows resilience,...
iSAM Securities sees Net Profit up 55% to £9.6 million in 2024
London based prime-of-prime broker and liquidity solutions provider iSAM Securities (UK) Limited has reported its financial results for FY 2024 (year ended June 30, 2024), indicating a healthy rise in profitability despite slowing Revenues. On the top line, Revenues...
Belgian regulator warns against several firms suspected of recovery room fraud
The Financial Services and Markets Authority (FSMA) of Belgium today issued a warning to the public against certain firms suspected of recovery room fraud. Recovery room fraud is a practice whereby fraudsters offer to help victims of investment fraud to obtain...
Clearstream completes its first tri-party repo transaction in Taiwan
Clearstream, Deutsche Börse Group’s post-trade services provider, recently completed its first tri-party repo transaction in Taiwan. Shanghai Commercial & Savings Bank Ltd, Taiwan (SCSB) partnered with ANZ Banking Group Ltd (ANZ) in this landmark transaction, with...
Exclusive: StarTrader hires Accuindex exec Ahmed Eskandar as Sales Director MENA
FNG Exclusive… FNG has learned that Retail FX and CFDs broker StarTrader has hired experienced industry executive Ahmed Eskandar as Sales Director for MENA. Ahmed Eskandar, who is based in Dubai, joins StarTrader from rival broker Accuindex, where he spent the past...
IG Group registers 12% Y/Y increase in revenues in Q3 FY25
Electronic trading major IG Group Holdings plc (LON:IGG) today issues its revenue update for the three months to 28 February 2025 (“Q3 FY25”), representing the third quarter of the financial year ending 31 May 2025. Total revenue of £268.0 million increased 12% on the...
Devexa launches new Community feature within broker ecosystems
Devexa, the AI-powered trading assistant and trader engagement bot from global software developers for the capital markets, Devexperts, has launched a new community feature, enabling brokers to host a secure environment in which traders can engage with each other, all...
Exclusive: Leverate hires Ben Bittan as VP Marketing
FNG Exclusive… FNG has learned that leading trading technology provider for brokers and prop firms Leverate has hired Ben Bittan, as the company’s new Vice President of Marketing. Ben Bittan joins Leverate from outside “the industry”. He spent the past nine years...
FCA charges fifth individual over suspected water investment scam
The UK Financial Conduct Authority (FCA) has charged John Dobbs with three counts of conspiracy to commit fraud by false representation. The FCA alleges that John Dobbs – alongside Bruce Rowan, David Simmons, Robert Sweeney and Justin Russell – was involved in the...
MGX invests $2 billion in Binance
Leading crypto exchange Binance has announced that Abu Dhabi-based AI and advanced technology investor MGX has made a landmark $2 billion investment in Binance. The parties said that this transaction, the first institutional investment in Binance to date, marks a...
DTCC’s GTR to add MiFID/R reporting capabilities
The Depository Trust & Clearing Corporation (DTCC) today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting...
Miami International Holdings launches new trading and settlement platform for BSX
Miami International Holdings, Inc. (MIH) today announced the launch of a fully-integrated trading, clearing, settlement and depository technology platform for The Bermuda Stock Exchange (BSX), a wholly-owned subsidiary of MIH. “The launch of the new BSX technology...
The uncertainty of the new US administration’s tariff policy negatively affects investor sentiment :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) fell by 1.14%. The S&P 500 Index (US500) was down 0.76%. The Nasdaq Technology Index (US100) lost 0.28%. On Tuesday, stocks came under pressure after President Trump announced he would raise tariffs on steel and...
Panda Trading Systems facing forced sale by Court
Israel business news website themarker.com is reporting that an interesting drama playing out in the courts in Israel will result in the (attempted) sale of FX and CFD broker technology provider Panda Trading Systems to a third party. Israel Judge Dr Muhammad Ali...
temporary pause amid strong long-term outlook :: InvestMacro
By RoboForex Analytical Department USD/JPY climbed to 148.19 on Wednesday, marking its second consecutive session of gains after touching a low of 146.53, its weakest level since 4 October 2024. While this movement partly resembles a technical rebound, broader market...
Finery Markets adds Sage Capital as crypto liquidity provider
Finery Markets, a leading technology provider of a non-custodial crypto ECN and SaaS trading platform for institutional clients, announces a partnership with Sage Capital Management. Sage Capital Management is a Prime of Prime solution provider and a trusted liquidity...
Euronext consolidates settlement on its markets, moves its shares to Euronext Securities
European capital market infrastructure Euronext today announced that Euronext Amsterdam, Brussels and Paris will designate Euronext Securities as the CSD for the settlement of equity trades from September 2026. These three markets will join the other Euronext markets...
UK Payment Systems Regulator to be abolished as part of efficiency drive
The UK Payment Systems Regulator (PSR) will be abolished as the latest step in reducing the burdens on business. The PSR – which looks after payment systems like Faster Payments and Mastercard – will mainly be consolidated into the Financial Conduct Authority, making...
ATFX sees $643 billion in Q4 2024 client trading volumes
Leading online broker ATFX has announced that it wrapped up Q4 2024 with a total trading volume of $643 billion (or average monthly trading volumes of $214 billion) on its MT4/MT5 platforms, reinforcing its strong market position. Ranked among the top seven brokers...
MAS in touch with robo advisory service Chocolate Finance over withdrawal issues
The Monetary Authority of Singapore (MAS) today issued a brief statement regarding the withdrawal situation at Chocolate Finance, an online robo advisory service operated by Chocfin Pte Ltd. MAS says it continues to engage Chocolate Finance to ensure that all customer...
4OTC hires EBS eFix alum Kyle Jannece as Head of Business Development
FX and crypto connectivity specialist 4OTC has announced that Kyle Jannece has joined the company, as Head of Business Development. In his new role he is responsible for 4OTC’s go-to-market strategy for Bank customers. For Digital Assets this includes capturing the...
SIX registers income growth in 2024, to integrate SDX into Securities Services unit
SIX today reported its financial results for the year to end-December 2024. Total operating income grew 4.6% at constant exchange rates (4% at reported rates) to CHF 1,586.8 million. Revenues rose in Swiss funds trading, debit card services, mobile payments, eBill,...
StoneX to acquire The Benchmark Company
StoneX Group Inc. (NASDAQ:SNEX) has signed an agreement to acquire The Benchmark Company, LLC. The deal is set to strengthen StoneX’s offerings in equity and debt capital markets, with significant enhancements in equity research and investment banking. The Benchmark...
Devexperts integrates B2CORE CRM into its DXtrade platform
B2BROKER, a global fintech company offering advanced solutions for financial institutions, has announced a new strategic partnership with Devexperts, the global software developer for the capital markets industry. This collaboration brings the DXtrade trading platform...
BUX fined €1.6M for referral fees violating the inducements ban
The Netherlands Authority for the Financial Markets (AFM) has announced that neobroker BUX has been fined €1.6 million for violating the inducements ban. In the past, BUX has paid compensations to existing customers, comparison websites and finfluencers for...
Brunch with cTrader: Exclusive Invite-Only Event for Brokers and Partners
Spotware, the developer of multi-asset trading platform cTrader, is bringing together an exclusive group of brokers and partners for a premium networking experience. Brunch with cTrader is an opportunity to engage directly with the Spotware team, gain insider insights...
TradingView expands Magnet tool functionality
TradingView continues to improve its drawing tools to enhance traders’ charting experience. Thanks to users’ extensive feedback, TradingView has expanded the Magnet tool’s functionality — now traders can use it for a more precise alignment of drawings to indicators...
FxPro offers extended trading hours for ChinaA50 & Swiss20 Indices
Retail FX and CFD broker FxPro announces that it has extended the trading hours for two key indices. The change gives clients of the broker more flexibility to manage their trades and seize new opportunities. #ChinaA50 – Now available until 21:00 GMT New Trading Hours...
Coinbase secures registration with India’s Financial Intelligence Unit
Coinbase has registered with India’s Financial Intelligence Unit (FIU), enabling the company to offer crypto trading services in the country. India represents one of the world’s most dynamic markets for crypto and onchain innovation, and this milestone reinforces...
Hedge funds have significantly reduced their holdings in equities. Oil fell to $66 per barrel :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) fell by 2.08%. The S&P 500 Index (US500) was down 2.70%. The Nasdaq Technology Index (US100) decreased by 4.00%. The US market had its worst day of the year yesterday as fears that President Donald Trump’s tariff...
CME Group to launch Bloomberg Commodity (BCOM) Subindex futures
International derivatives marketplace CME Group today announced plans to launch Bloomberg Commodity (BCOM) Subindex futures on March 31, pending regulatory review. BCOM Subindex futures will be available across seven leading commodity index sectors, providing...
Gold remains in consolidation amid ongoing market uncertainty :: InvestMacro
By RoboForex Analytical DepartmentOn Tuesday, Gold prices hovered near 2,900 USD per troy ounce, holding steady as the US dollar weakened and demand for safe-haven assets rose. Concerns about the US economic outlook and escalating trade tensions continue to support...
Exclusive: Saxo UK Chairman Richard Balarkas steps down
FNG Exclusive… It didn’t take long for the dominos to start falling at Saxo Bank. Just one day after control of Saxo Bank was acquired by Safra Group’s Swiss private banking arm J. Safra Sarasin Group, FNG has learned that Richard Balarkas, the longtime Chairman of...
Royal Forex loses CySEC CIF license
Cyprus financial regulator CySEC has announced that it has withdrawn the CIF license granted to Royal Forex Ltd, due to the company’s decision to expressly renounce it. Royal Forex Ltd operated the Retail FX and CFD brokerage websites Roinvesting.com and...
SEC sues Ronald Pallek for $1.5M scam involving “Iron Condor” options trading strategy
The Securities and Exchange Commission (SEC) has filed a lawsuit against Ronald A. Pallek for a fraudulent scheme. The SEC’s complaint, submitted on March 10, 2025, at the Wisconsin Eastern District Court, alleges that Ronald A. Pallek conducted a fraudulent...
Deutsche Börse Group to provide institutional clients access to crypto assets via Clearstream
Clearstream and Crypto Finance, both members of Deutsche Börse Group, facilitate digital asset access with new crypto custody offering for institutional investors via Clearstream. Clearstream, Deutsche Börse Group’s post-trade business, enhances its custody service...
Swiss FINMA updates on status of licences issued to portfolio managers and trustees
Switzerland’s Financial Market Supervisory Authority (FINMA) today provided an update on the status of licences issued to portfolio managers and trustees. Since the beginning of 2020, portfolio managers and trustees operating on a commercial basis have needed a...
Interactive Brokers adds access to Ljubljana Stock Exchange
Electronic trading major Interactive Brokers Group Inc (NASDAQ:IBKR) announced today that it has expanded its market offerings by adding access to the Ljubljana Stock Exchange. With this expansion, clients can trade Slovenian equities alongside products from over 160...
Yuh app achieves profitability, boasts over 300k users
Less than four years after Swissquote and PostFinance launched Yuh, the app has reached an important milestone: the Swiss finance app is profitable. With over 300,000 users and customer assets of 3 billion CHF, Yuh continues to grow with a first reported profit of...
Euronext completes €300M share repurchase program
Pan-European market infrastructure Euronext today announced that it has completed the share repurchase program announced on 7 November 2024. Between 11 November 2024 and 10 March 2025, 2,692,979 shares, or approximately 2.58% of Euronext’s share capital, were...
FIS launches Treasury GPT – FX News Group
Fintech company FIS (NYSE:FIS) today announced the launch of FIS Treasury and Risk Manager – Treasury GPT, a proprietary generative AI-driven product support tool embedded within its FIS Treasury and Risk Manager – Integrity Edition. In collaboration with Microsoft,...
Former TradingView CEO Oleg Mukhanov joins Dividenz as CFSO
FNG has learned that Oleg Mukhanov, who just recently left popular financial charting and data provider TradingView, has joined another fintech company called Dividenz, as its new Chief Financial and Strategic Officer. Based in Argentina and run by CEO Ivan Chomer,...
Clear Street launches OCC Cross-Margin capabilities
Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the roll out of OCC Cross-Margin capabilities, allowing futures and options traders to consolidate margin requirements and improve capital...
Cboe Global Markets set to launch options on S&P 500 Equal Weight Index
Derivatives and securities exchange network Cboe Global Markets, Inc today announced plans to launch options on the S&P 500 Equal Weight Index (EWI) on April 14, 2025, pending regulatory review. S&P 500 EWI options will be cash-settled and based on 1/10th the...
Webull to launch Webull Premium
Online investment platform Webull today announced it will be launching Webull Premium – an elite membership offering. The subscription unifies a set of products, including margin rates, deposit promotions, and discounted trading fees under a single upgraded...
PayPal appoints Joy Chik to Board of Directors
PayPal Holdings, Inc. (NASDAQ:PYPL) today announced that Joy Chik has joined the company’s Board of Directors. Ms Chik brings more than 26 years of corporate and board experience scaling products, services, and teams on a global level. She currently serves as the...
NAGA hires ActivTrades alum Alexander Boruvanov as Head of Global Markets
FNG has learned that social trading focused online broker NAGA Group (ETR:N4G) has hired Sofia based executive Alexander Boruvanov, as the company’s new Head of Global Markets. Alexander Boruvanov joins NAGA after spending the past three years at rival broker...
Public.com partners with Capitalize to modernize 401(k) rollovers
Investing platform Public and Capitalize, a platform for digital retirement account transfers, today announced a new partnership to help Americans and Public members better save for retirement. Under the partnership, Public has integrated Capitalize’s leading Rollover...
China’s consumer prices fell the most in 13 months. Canada has chosen a new prime minister :: InvestMacro
The US market showed the worst week since September. On Friday, the Dow Jones (US30) rose 0.52% (-2.50% for the week). The S&P 500 Index (US500) gained 0.55% (-3.32% for the week). The Nasdaq Technology Index (US100) gained 0.74% (-3.76% for the week). The US...
TradeStation Securities adds new micro-sized grains and oilseed contracts from CME Group to offering
TradeStation Securities, Inc. today announced the expansion of its futures product lineup to include CME Group’s newly launched micro-sized grains and oilseed futures contracts. TradeStation Securities customers now have access to Micro Corn, Micro Soybean, Micro...
BlockFills, CQG team up to offer streaming crypto liquidity on CQG platform
BlockFills and CQG today announced that the firms have partnered to stream BlockFills liquidity onto the CQG platform. The move brings to CQG’s vast client base reliable cryptocurrency pricing, delivered by BlockFills. BlockFills market participants will also benefit...
Exclusive: Citi FX executive Charles Han moves to PAG
FNG Exclusive… FNG has learned that experienced FX industry executive Charles Han has joined alternative asset PAG, as Managing Director. Charles Han joins PAG from US financial services giant Citi (NYSE:C), where he spent the past three years as Director – Financial...
HKEX adds Stock Exchange of Thailand to list of Recognised Stock Exchanges
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announced today that it has added the Stock Exchange of Thailand (SET) as a Recognised Stock Exchange (RSE). This will enable public limited...
Weekly Speculator Changes led by S&P500-Mini & VIX :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 4th and shows a quick view of how large traders...
Saxo Bank valuation in sale to Safra: $1.74 billion
FNG has learned that the acquisition of control of Copenhagen based Retail FX and CFDs broker Saxo Bank by the Safra Group announced earlier today was done based on a valuation of approximately €1.609 billion (or USD $1.74 billion) for the company. The deal will see...
Brazilian Real Speculator bets jump, Yen bets hit new record high & Euro bets gain :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 4th and shows a quick view of how large market...
Safra Group unit acquires 70% of Saxo Bank
Saxo Bank has found a buyer. After putting itself up for sale about eight months ago hiring investment bank Goldman Sachs to “initiate a review of strategic opportunities”, the Copenhagen based Retail FX and CFDs broker has announced that Safra Group unit J. Safra...
Speculator Bets led lower by Gold, Copper & Platinum :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 4th and shows a quick view of how large traders...
Japanese Yen, Brent, NZ Dollar & Cotton lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on March 4th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
Speculator Bets led lower by Fed Funds & 5-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 4th and shows a quick view of how large traders...
Speculator Bets led lower by Corn, Soybeans & Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday March 4th and shows a quick view of how large traders...
FX week in review: Admirals revenue decline, Brendan Gunn charged, MEX Orient launch, CEO changes at TradingView and INFINOX Capital
By how much did Revenues decline in the second half of 2024 at Estonia based Retail FX and CFD broker Admirals, leading to the company’s fifth consecutive (semi-annual) Net Loss? What was former CFDs industry executive Brendan Gunn charged with – charges which carry...
Interactive Brokers nominates Lori Conkling as independent director
Electronic trading major Interactive Brokers (NASDAQ:IBKR) today announced the nomination of Lori Conkling as an independent director of the firm. As Head of TV & Film Licensing at Netflix, Ms. Conkling oversees content acquisition and business development for...
Cboe promotes Tim Lipscomb to Exec VP
Derivatives and securities exchange network Cboe Global Markets, Inc. today announced the promotion of Tim Lipscomb to Executive Vice President, Chief Technology Officer, and appointment to the company’s executive leadership team. In this role, Mr. Lipscomb will...
EUR/USD holds firm as the US dollar ends the week with losses :: InvestMacro
By RoboForex Analytical Department EUR/USD is trading near 1.0806 on Friday, maintaining its position despite failing to extend its gains further. Investors are focused on the upcoming US employment data for February, which will be released later today.Key factors...
Miami International Holdings launches Hourly Bitcoin Range Binary Options on MIAXdx
Miami International Holdings, Inc. (MIH) today announced the launch of Bitcoin Range Binary (BTCRB) Options on its MIAX Derivatives Exchange (MIAXdx). BTCRB Options are fully-collateralized, cash-settled binary options on Bitcoin (BTC) that expire each trading hour...
The German DAX index has hit an all-time high. WTI crude oil prices show a multi-day losing streak :: InvestMacro
The US stocks fell on Thursday as trade uncertainty and changes to the Trump administration’s tariff policy fueled investor anxiety. The Dow Jones Index (US30) was down 0.99%. The S&P 500 Index (US500) decreased by 1.78%. The Nasdaq Technology Index (US100) fell...
Tradeweb appoints Rich Repetto to Board of Directors
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the appointment of Rich Repetto to its Board of Directors, effective as of March 6, 2025. Mr. Repetto will also serve as a...
CPT Markets adds UAE SCA Category Five license
Retail FX and CFDs broker CPT Markets has announced that the company’s UAE subsidiary CPT MENA Financial Services LLC has been granted an Arrangement and Advice (Category Five) license by the UAE’s Securities and Commodities Authority (SCA). The Category Five license...
DB Investing hires Maher Asmar to head BizDev, Mohamed Daher for Strategic Growth
Dubai based Retail FX and CFDs broker DB Investing has announced that the company has made two senior hires to its management team. Joining DB Investing are experienced industry executives Maher Asmar (pictured above) as Head of Business Development, and Mohamed Daher...
Jason Yetton to leave Westpac
Westpac has announced Chief Executive, Consumer, Jason Yetton, has decided to leave the bank. A recruitment process is underway for a successor. Jason Yetton Mr Yetton has led the Consumer division since August 2023 following a long association with the Group. Over...
TradingView CEO Oleg Mukhanov resigns
FNG has learned that Oleg Mukhanov has stepped down from his role as CEO of popular financial charting and data company TradingView. The move follows the recent departure of TradingView’s US Chief and General Manager Pierce Crosby, who left to start strategy...
Theatre to the rescue! Italian watchdog presents play about Charles Ponzi
Italy’s Companies and Exchange Commission (CONSOB) has found a creative and artistic way of informing the public about the dangers of various investment scams. Nadia Linciano, Consob’s Secretary General, and Massimo Giordano, an actor from Salento, drew the script for...
FINRA fines Redbridge Securities for AML program deficiencies
Redbridge Securities LLC has agreed to pay a fine of $475,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From September 2019 to October 2023, Redbridge failed to establish and implement an anti-money laundering (AML) compliance...
Binance to cease support for deposits and withdrawals of Cortex, NULS, UniLend on certain networks
Binance will cease support for deposits and withdrawals of several tokens via certain networks. The change is effective March 14, 2025 08:00 (UTC). After 2025-03-14 08:00 (UTC), any deposits sent via the following networks will not be credited and may lead to asset...
J-Quants Pro datasets to be offered on Snowflake’s data cloud platform
JPX Market Innovation & Research, Inc. (JPXI), a global provider of Japan’s financial market data, announced that J-Quants Pro datasets will be offered on Snowflake’s data cloud platform later in March 2025. This is the first of JPX’s rich and varied data services...
Your Bourse names Maria Porandaikina as Sales Manager
FNG has learned that MT4 / MT5 broker technology provider Your Bourse has promoted Cyprus based executive Maria Porandaikina to the position of Sales Manager. Maria Porandaikina first joined Your Bourse in 2022 as a Customer Success Manager, and was promoted to Head...
American Express to acquire expense management software company Center
American Express (NYSE:AXP) today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management. Center’s software, together with American Express’ corporate and small business cards, will aim to create a seamless...
Virtu Financial announces public launch of Virtu Technology Solutions
Virtu Financial, Inc. (NASDAQ:VIRT), a provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the entire investment cycle to the global markets, announces the public launch of Virtu Technology Solutions...
FCA warns against clone of Trading 212
The UK Financial Conduct Authority (FCA) today issued a warning against a clone of Trading 212. Clones are fraudulent entities that abuse the data (address, name, website, logo, etc) of licensed companies in order to lure potential victims more easily. Clones are...
Exclusive: Kama Capital hires Equiti exec Dane Baker as CCO
FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker Kama Capital has continued a string of recent senior executive hires, adding experienced industry executive Dane Baker as the company’s new Chief Commercial Officer (CCO). Based in Dubai, Dane...
Euronext expands its clearing services to include cryptocurrency ETPs
Euronext today announced the expansion of Euronext Clearing’s central counterparty (CCP) services to include cryptocurrency exchange-traded products (ETPs) listed on its markets. This enhancement, effective on 3 March 2025, marks a significant step in integrating...
Cboe Canada’s exchange platform successfully migrates to Cboe Titanium
Derivatives and securities exchange network Cboe Global Markets, Inc. today announced it successfully migrated Cboe Canada’s NEO-L, NEO-N, and NEO-D trading books (collectively, the NEO Trading Platform) to Cboe Titanium on March 3, 2025. Cboe Titanium is the new name...
European indices are growing amid the change of economic vector to defense. Inflationary pressures in Vietnam continue to ease. :: InvestMacro
At the end of Wednesday, the Dow Jones (US30) was up 1.14%. The S&P500 Index (US500) was up 1.12%. The Nasdaq Technology Index (US100) jumped 1.36%. The White House confirmed that General Motors, Ford, and Stellantis received a one-month extension on tariffs...
Trading Technologies to deliver day-one connectivity to new MIAX Futures Onyx matching engine
Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, announced that it will deliver day-one connectivity to the MIAX Futures Exchange’s new matching engine, MIAX Futures Onyx, through the TT platform. TT will...
Marex Group registers 28% Y/Y rise in revenues in Q4 2024
Marex Group plc (NASDAQ:MRX), a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets, today reported financial results for the fourth...
CQG to provide order routing infrastructure for Robinhood futures trades
CQG, a global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, and Robinhood Derivatives LLC (NASDAQ:HOOD), announced today that they have partnered to use CQG’s professional-grade infrastructure...
Italy’s CONSOB blocks offer of $CORONA memecoin
Italy’s Companies and Exchange Commission (CONSOB) continues with its interventions in the crypto-assets sector thanks to the powers granted to it under EU’s Markets in Crypto-Assets Regulation (MiCAR). Last month, the Italian regulator ordered the blocking of the...
DXtrade updates its Mobile Trading App including new Home screen
Trading platform developer Devexperts has announced the release of the latest round of updates to its mobile app (DXtrade Version 312), including the introduction of a new home screen. Created specifically for licensing by brokers, DXtrade’s mobile app is designed to...
ATFX hires Doo Group / FXPrimus alum Mohammad Aladham as MD Southeast Asia
Leading online trading provider ATFX has announced the appointment of Mohammad Aladham as the company’s new Managing Director for Southeast Asia. With an extensive background in fintech, brokerage expansion, and strategic leadership, Mohammad is set to drive ATFX’s...
HK regulator warns against crypto firm Linkbex
The Hong Kong Securities and Futures Commission (SFC) today issued a warning to the public regarding an entity operating under the name of Linkbex. The firm is suspected of virtual asset-related fraudulent activities. Linkbex made false claims of its affiliation with...
Crypto.com Exchange market data to be incorporated into CME CF Bitcoin and Ether reference rates
CF Benchmarks today announced the inclusion of Crypto.com Exchange, Crypto.com’s institutional-grade offering, as a CME CF Constituent Exchange across its full suite of bitcoin and ether real-time indices and reference rates. Effective March 31, 2025, Crypto.com...
The Bybit Hack: A Wake-Up Call for the Financial Industry
The following is a guest editorial courtesy of Anna Stylianou, an independent anti-financial crime consultant and co-founder and owner of AML Cube. On February 21, 2025, Bybit, a major cryptocurrency exchange, suffered a security breach leading to the theft of...
CySEC warns of individuals pretending to be its representatives
The Cyprus Securities and Exchange Commission (CySEC) today warned of a recent increase in cases where individuals fraudulently present themselves as representatives of CySEC, both through email and fake accounts on online platforms. These individuals pose as CySEC...
WonderFi crypto brands Bitbuy and Coinsquare to offer CFD trading via agreement with Eightcap
Canada based crypto trading venue operator WonderFi Technologies Inc (TSE:WNDR) has announced that the company has entered into a non-binding Letter of Intent to form a new partnership with Retail FX and CFDs broker Eightcap and Embedded, its Trading-as-a-Service...
Gold poised for a rally as support builds from multiple factors :: InvestMacro
By RoboForex Analytical Department Gold is trading around 2,910 USD per troy ounce on Wednesday, pausing after the previous day’s growth. The temporary slowdown comes as rising US Treasury bond yields exert pressure on prices.Key drivers influencing gold pricesDespite...
Justin Llewellyn-Jones replaces Keith Todd as CEO of Trading Technologies
Multi asset platform developer Trading Technologies International Inc. (TT) has announced the promotion of Justin Llewellyn-Jones to CEO, effective March 31. After three decades of experience in fintech and financial services, Llewellyn-Jones joined Trading...
Natural gas prices jumped 8%. The head of the RBNZ unexpectedly announced his resignation :: InvestMacro
At Tuesday’s close, the Dow Jones (US30) Index was down 1.55%. The S&P 500 Index (US500) decreased by 1.22%. The Nasdaq Technology Index (US100) lost 0.36%. The US stock futures rose on Wednesday after Commerce Secretary Howard Lutnick said a potential tariff...
Tatiana Kononovich joins INFINOX Capital as General Manager
Following our FNG Exclusive report from last month that longtime Exinity Connect executive Tatiana Kononovich had left the company, FNG has learned that Tatiana has taken the position of General Manager at INFINOX Capital, the FCA regulated, London based institutional...
The 100-Year Truth Investors Overlook :: InvestMacro
Source: John Newell (3/3/25)John Newell of John Newell & Associates shares his thoughts on where the gold market is headed. Newell also updates us on two stocks he has previously spoken about.For decades, the Dow Jones Industrial Average has been hailed as the...
US Court seeks assistance from Zurich authorities for testimony in OANDA patent infringement lawsuit
Shortly after GAIN Capital sought international judicial assistance in the patent infringement lawsuit brought by OANDA, the New Jersey District Court has granted GAIN’s request. The United States District Court for the District of New Jersey requests international...
Sumsub to support Papaya Global with AI-powered automated solutions for secure verification
Workforce payroll and payments platform Papaya Global and full-cycle verification and compliance solutions provider Sumsub today announced their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure verification and fraud...
SEC charges Eamma Safi, Josh Ge for international insider trading scheme
The Securities and Exchange Commission (SEC) has brought charges against Eamma Safi and Zhi Ge a/k/a Josh Ge for an insider trading scheme. The SEC complaint was filed with the Massachusetts District Court on March 4, 2025. The complaint alleges that from in or about...
LSEG appoints Steve John as Chief Corporate Affairs and Marketing Officer
LSEG today announced that Steve John has been appointed Chief Corporate Affairs and Marketing Officer. Steve John joins the LSEG Executive Committee, reporting to David Schwimmer effective 1 April 2025. Based in London, Steve John will lead LSEG’s marketing,...
CAB Payments appoints James Hopkinson as CFO
CAB Payments, a B2B FX and Payments provider to emerging markets, today announced that James Hopkinson has been appointed to the role of Chief Financial Officer (CFO) of the Group. Mr Hopkinson will join CAB Payments immediately and will be appointed as Executive...
TradingView adds Indonesian broker Gotrade to partner list
TradingView has added Gotrade — an Indonesian brokerage, to the list of its partner brokers. Gotrade is a growing company dedicated to empowering its clients of any level, both seasoned traders and beginners. It aims to remove barriers to the US stock market, enabling...
Germany’s BaFin imposes EUR 23.05M fine on Deutsche Bank
On 4 February 2025, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) imposed administrative fines amounting to EUR 23.05 million on Deutsche Bank AG. The company breached organisational requirements under the German...
21X adds blockchain expert Philip Filhol as Senior BizDev Manager
Frankfurt based digital exchange startup 21X – which recently received the first ever license to operate an EU-regulated venue for the trading and settlement of tokenized securities – has announced the appointment of Philip Filhol as Senior Business Development...
Spotware unveils cTrader 5.1 – FX News Group
Leading trading platform developer Spotware Systems has announced the official roll-out of the cTrader 5.1 platform. The latest update introduces a range of powerful enhancements across Mobile, Windows, Mac, and Web reinforcing cTrader’s position as the preferred...
CME Group fines, suspends trader for one year for violating wash trades prohibition
International derivatives marketplace CME Group has published a notice of disciplinary action against Arkady Markov. Pursuant to an offer of settlement in which Arkady Markov neither admitted nor denied the rule violations or factual findings upon which the penalty is...
Tauro adds Scope / Octa Markets alum Anastasios Lamaris to head Dealing
FNG has learned that newly formed Retail FX and CFDs broker Tauro Markets has hired Cypurs based executive Anastasios Lamaris to the position of Head of Dealing. Anastasios Lamaris joins Tauro Markets from rival CySEC licensed broker Octa Markets, where he served as...
Interactive Brokers makes Nifty 50 Index futures available to its clients
Electronic trading major Interactive Brokers (NASDAQ:IBKR) has made Nifty 50 Index Futures available to trade for its clients. Clients of the broker can now trade Nifty 50 Index Futures alongside products from over 160 global exchanges, including stocks, options,...
TradingView widgets become available on NCDEX website
TradingView has brought its widgets to the National Commodity & Derivatives Exchange of India (NCDEX), a leading agricultural commodity exchange in the country. Established in 2003, NCDEX is a professionally managed, technology-driven exchange that plays a crucial...
Tariffs on Chinese, Canadian, and Mexican goods went into effect today. China is imposing retaliatory tariffs :: InvestMacro
At Monday’s close, the Dow Jones Index (US30) decreased by 1.48%. The S&P 500 Index (US500) was down 1.76%. The Nasdaq Technology Index (US100) lost 2.20%. The US stocks continued to decline on Monday amid the release of pessimistic economic data, concerns over...
FCA urges Asset Land investors to get in touch
The UK Financial Conduct Authority (FCA) has received limited funds to compensate investors in Asset Land companies. Investors should get in touch with the FCA by 25 March 2025. The FCA successfully took legal action against Asset Land companies and their directors,...
Paysafe registers rise in payment volume in Q4 2024, confirms receipt of expressions of interest
Payments platform Paysafe Limited (NYSE:PSFE) today announced its financial results for the fourth quarter and full year of 2024. Paysafe’s financial results were significantly impacted by accelerated merchant exits and associated credit losses during the fourth...
Saxo Bank enhances SaxoPartnerConnect platform
Multi-asset investment specialist Saxo Bank has recently made enhancements to the SaxoPartnerConnect (SPC) platform. Saxo has enhanced the Excel support in the Transactions report to include all the details previously available only in the PDF version. The export...
UK regulator bans former Credit Suisse execs following US criminal convictions
The UK Financial Conduct Authority (FCA) has banned Andrew Pearse and Surjan Singh from the UK financial services industry. The former Credit Suisse managing directors have been banned for lacking integrity, following US convictions for arranging corrupt loans to the...
NAGA offers retail investors direct access to the Bucharest Stock Exchange
The NAGA Group AG (ETR:N4G), provider of the all-in-one financial SuperApp, has announced that that company has successfully launched the integration of shares listed on the Bucharest Stock Exchange (BSE) into its investment platform. With this expansion of its...
DXtrade adds Newsquawk real-time news audio alerts
Newsquawk, a leading provider of real-time audio news alerts and market-moving headlines, has announced its integration with DXtrade, the flagship out-of-the-box white-label trading platform from global software developer for the capital markets, Devexperts. This...
HSBC appoints Ian Stuart as Group Customer and Culture Director
HSBC Holdings plc today announced that Ian Stuart has been appointed as Group Customer and Culture Director. This is a newly created role, reporting into Group Chief Executive, Georges Elhedery, to ensure the customers’ voice is embedded at the heart of the bank’s...
SBI VC Trade Co secures registration as Electronic Payment Instruments Exchange Service Provider in Japan
SBI VC Trade Co., Ltd., a subsidiary of SBI Holdings, Inc. engaged in cryptocurrency exchange business, announced that as of March 4, 2025, it has completed its registration as an “Electronic Payment Instruments Exchange Service Provider”, enabling it to handle the...
Aquis Exchange anticipates FY24 financial performance to be below previous expectations
Aquis Exchange PLC (LON:AQX) today announced a trading update for the year ended 31 December 2024 (“FY24”). In accordance with Aquis’ accounting policies, Management has increased its Expected Credit Loss provisions in respect of two existing technology clients,...
HK regulator secures disqualification orders against former execs of Tech Pro
The Securities and Futures Commission (SFC) of Hong Kong has obtained disqualification orders in the Court of First Instance against the former chairman and executive director, Mr Li Wing Sang; and two former executive directors, Mr Liu Xinsheng and Mr Chiu Chi Hong,...
Admirals resumes EU client onboarding after 11 month pause
Estonia based Retail FX and CFDs broker Admirals has announced the resumption of onboarding for new EU clients, following what the company called a “temporary pause” earlier in 2024. FNG had exclusively reported last April – 11 months ago – that Admirals had stopped...
Interactive Brokers registers 48% Y/Y increase in DARTs in February 2025
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for February 2025. The brokerage reported 3.617 million Daily Average Revenue Trades (DARTs) for February 2025, 48% higher than in February 2024 and 4%...
Fiserv completes acquisition of Payfare
Fiserv, Inc. (NYSE:FI), a global provider of payments and financial services technology solutions, today announced it has completed its acquisition of Payfare Inc. (TSX:PAY), a provider of program management solutions with a particular focus on new economy workforces....
Clearstream provides another operational update further to T2S incident
Clearstream today provided another update further to the T2S incident on 27 February 2025. There are still a small number of instructions for which the reconciliation is still ongoing. Clearstream Banking is working on resolving these issues with the highest priority:...
Optimove acquires gamification marketing provider Adact
Leading CRM marketing solutions company Optimove has announced that it has acquired Tallinn, Estonia based marketing gamification company Adact. Optimove said that it plans to integrate Adact’s AI-based gamification technology into its Positionless Marketing platform,...
Tariff threats and US foreign policy create uncertainty in financial markets :: InvestMacro
At the end of Friday, the Dow Jones Index (US30) added 1.39% (for the week +0.80%). The S&P 500 Index (US500) gained 1.59% (for the week -1.20%). The Nasdaq Technology Index (US100) is up 1.62% (for the week -3.62%). The latest data showed PCE prices rose by 0.3%...
Coinhako joins TP ICAP’s Fusion Digital Assets as a trading counterpart
Coinhako, a leading Singapore-based digital asset platform, has announced that it will be joining Fusion Digital Assets, TP ICAP’s FCA registered UK-based wholesale spot cryptoasset exchange. Coinhako will be joining Fusion Digital Assets as trading counterpart,...
TradingView introduces version 5 of Lightweight Charts
TradingView has introduced a major update to its Lightweight Charts, with version 5 now available. Despite adding a wealth of new features, TradingView has reduced the bundle size by 16%, bringing the base bundle size down to 35kB. Through enhanced tree-shaking, a...
eToro adds five new cryptoassets to its platform
Online broker eToro announced today that it is adding five new cryptoassets to its platform. The new cryptoassets are: LayerZero (ZRO): a cross-chain messaging protocol enabling seamless blockchain interoperability. ZKsync (ZK): a Layer-2 scaling solution that boosts...
Exclusive: Niki Saki establishing MultiBank affiliate called MEX Orient
FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker MultiBank is partnering with experienced industry executive Niki Saki, in establishing a new unit called MEX Orient. While the new unit’s website mexorient.com does not yet seem to be...
Binance to delist stablecoin trading pairs non-compliant with MiCA in EEA
Following the latest guidance from EU authorities in relation to stablecoins, Binance is making changes to the availability of Stablecoins that are not compliant with MiCA in the EEA. Impacted assets are USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG. MiCA...
ForexVPS integrates with Brokeree Solutions
ForexVPS.net, a leading provider of software for traders and infrastructure for brokers, announced the integration with Brokeree Solutions, an international developer of turnkey solutions for multi-asset brokers. With this innovative partnership brokers could easily...
SIX launches preferred clearing services for Euronext market participants
SIX x-clear today announced the launch of its preferred clearing services for Euronext market participants. Beginning in March 2025, all trades executed on Euronext’s markets in Paris, Amsterdam, Brussels, Lisbon, Dublin, and Milan will benefit from SIX x-clear’s...
GAIN Capital seeks international judicial assistance in patent infringement lawsuit brought by OANDA
The patent infringement lawsuit brought by OANDA Corporation against GAIN Capital continues at the New Jersey District Court. GAIN Capital Holdings, Inc. and GAIN Capital Group, LLC has requested that the Court issue a letter of request pursuant to the Hague...
Saxo Bank sees slight improvement in 2H-2024 results
Copenhagen based Retail FX and CFDs broker Saxo Bank ended a somewhat tumultuous 2024 by reporting continued improvement in its financial results during the second half of the year. After reversing a decline in both top and bottom line results during the first half of...
Yen, US Bonds, NZ Dollar & Cotton lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on February 25th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Currency Speculators push Japanese Yen Bets Up to New Record High :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 25th and shows a quick view of how large market...
FX week in review: Accuindex CEO and other exec moves at Daman Markets, NAGA, ATFX, UEXO, TIOmarkets…
Following a number of weeks headlined by acquisitions (and IPO talk) alongside broker results, this week’s top FX and CFDs industry news stories were dominated by executive moves, from the top spot on down. Who is MENA focused broker Accuindex’s new CEO? (And, whom...
U.S. equities: 2024 Results and 2025 Forecast from Tacticum Investments
The following article includes an analysis of the U.S. securities market in 2024 and a forecast of the U.S. stock market in 2025, as offered by analysts of Tacticum Investments S.A., whose major shareholder is Arkadiy Mutavchi, a private investor. The U.S. stock...
Speculator Bets led by 2-Year, Fed Funds & 5-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 25th and shows a quick view of how large...
Weekly Speculator Positions led by Copper & Steel :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 25th and shows a quick view of how large traders...
Speculator Bets led by Sugar :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 25th and shows a quick view of how large...
Speculator Bets led by Nasdaq-Mini & Russell-Mini :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 25th and shows a quick view of how large traders...
FCA cancels Bancoremit’s registration as Small Payment Institution
The UK Financial Conduct Authority (FCA) today cancelled Bancoremit Limited’s registration as a Small Payment Institution. The Authority has concluded that the firm has failed to comply with rules (SUP 16.13.3D and 16.13.4D) by failing to submit the returns for the...
Mogo announces amendment to credit facility with Fortress Investment Group
Mogo Inc. (NASDAQ:MOGO), a digital wealth and payments business, today announced an amendment to its existing senior credit facility with funds managed by affiliates of Fortress Investment Group LLC. This Credit Facility supports Mogo’s digital credit solution. The...
Olumide Osunkoya gets prison sentence for illegally operating crypto ATM network
Olumide Osunkoya was sentenced today to four years in prison for illegal crypto activity worth over £2.5 million and associated offences. Mr Osunkoya pleaded guilty on 30 September 2024 to 5 charges. Between 30 December 2021 and 12 March 2022, Mr Osunkoya operated...
FCA brings fraud charges against director and business operations manager of Nexus IFA and Nexus IM
The UK Financial Conduct Authority (FCA) has launched criminal proceedings against Kerry Nelson and Jacqueline Stephens for alleged fraud, forgery, and money laundering. Kerry Nelson was director of both Nexus Independent Financial Advisers Limited (Nexus IFA) and...
Saxo offers market access to Euronext Lisbon derivatives
Multi-asset investment specialist Saxo Bank has informed its white label partners of expanded market access to Euronext Lisbon derivatives. Saxo now offers market access to Euronext Lisbon derivatives. This development comes in the wake of Euronext’s recent launch of...
Bitcoin has fallen toward the $80,000 mark. Trump confirmed 25% tariffs on Canada and Mexico starting March 4 :: InvestMacro
On Thursday’s close, the Dow Jones Index (US30) decreased by 0.45%. The S&P 500 Index (US500) closed down 1.59%. The Nasdaq Technology Index (US100) fell by 2.75%. The broad market also came under pressure after President Trump announced that the proposed 25%...
CME Group to launch Solana futures
International derivatives marketplace CME Group today announced plans to launch Solana (SOL) futures on March 17, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (25 SOL) and a larger-sized contract (500 SOL)....
Can US500 index hold on to post-election gains? :: InvestMacro
By ForexTimeUS500 now merely 1.4% higher since November US electionsUS500 dragged down by poor US data, tariff threats, subdued Nvidia earningsComing up: Trump speech, tariff deadline, NFP report, Powell speech could dictate US500’s fortunesKey levels: 6,000 to the...
Virtu Financial to access InvestorLink’s risk management platform for small and micro-cap securities
Virtu Financial (NASDAQ:VIRT) has announced its decision to access InvestorLink’s bespoke risk management platform for small and micro-cap securities. Small and micro-cap securities can present unique challenges such as heightened volatility, lower liquidity, and...
FCA approves proposed acquisition of Hargreaves Lansdown by CVC, Nordic Capital, Platinum Ivy
CVC Advisers Limited today provided an update on the proposed acquisition of Hargreaves Lansdown by Harp Bidco Limited, a newly formed company indirectly owned by CVC Private Equity Funds, Nordic Capital XI Delta, SCSp and Platinum Ivy B 2018 RSC Limited. On 27...
Exclusive: IG Prime names Iwan Lewis as Head of Sales UK
FNG Exclusive… FNG has learned that leading UK online broker IG Group (LON:IGG) has named Iwan Lewis as Head of Sales UK, at its IG Prime institutional services and prime brokerage unit. Iwan Lewis has been with IG Group since 2013, and worked in Prime Brokerage Sales...
Interactive Brokers adds MultiSort Screeners to IBKR Mobile app
Electronic trading major Interactive Brokers has released version 9.20 of the IBKR Mobile app for iOS-based devices. MultiSort Screeners enable users to find and sort data using multiple factors simultaneously. This is essential for traders and investors who need to...
OANDA Japan to increase margin rates for several FX pairs
OANDA Japan Inc, a subsidiary of online broker OANDA Corporation, will increase the margin rates on a number of Forex pairs. The broker explained that the changes reflect the recent market situation. The margin rate increase will affect some currency pairs for...
ATFX hires longtime FXCM exec Paresh Patel to head Risk and Trading
FNG has learned that leading online brokerage group ATFX has hired Paresh Patel as the company’s new Global Head of Risk and Trading. Paresh Patel joins ATFX after spending the past 15 years at FXCM, serving as FXCM’s Global Head of Trading. The addition of Paresh...
Clearstream provides update on status of its operations
Clearstream Banking today provided clients with an update on the status of its operations following the incidents yesterday. T2S processing: T2S processing has been resumed during the night. Nevertheless, there is ongoing reconciliation of a smaller number of...
Italy’s CONSOB orders blocking of more illegal investment websites, total reaches 1,236
Italy’s Companies and Exchange Commission (CONSOB) has issued orders for the blocking of websites belonging to four unauthorized investment entities. The websites targeted by the latest orders are: “Flowtradey” (website https://flowtradey.nl); State Street Markets...
Nomura to set up new Banking Division
Nomura Holdings, Inc. today announced plans to set up a new Banking Division on April 1, 2025. The new division will leverage the strengths of Nomura Trust and Banking Co., Ltd. and Nomura Bank (Luxembourg) S.A. in private markets and bespoke products and meet the...
Stripe reports total payment volume of $1.4T for 2024
Financial infrastructure platform for businesses Stripe today announced that it processed $1.4 trillion in total payment volume in 2024. The result is up 38% from the prior year, and equivalent to around 1.3% of global GDP. In their annual letter to the Stripe...
Commodity currencies decline following the fall in oil prices. Ukraine and the USA are close to signing a deal on fossil production :: InvestMacro
The Dow Jones Index (US30) gained 0.43% on Wednesday. The S&P 500 Index (US500) closed 0.01% higher. The Nasdaq Technology Index (US100) gained 0.22%. Nvidia shares hovered near zero despite the company reporting better-than-expected fourth-quarter sales and...
Exclusive: TIOmarkets hires Traders Trust exec Ariel Petraroia as LATAM head
FNG Exclusive… FNG has learned that Retail FX and CFDs broker TIOmarkets has hired Montevideo, Uruguay based executive Ariel Petraroia, as Regional Director of LATAM. Ariel Petraroia joins TIOmarkets from rival broker Traders Trust, where he worked for the past six...
USD/JPY steadies as the market consolidates after fresh lows :: InvestMacro
By RoboForex Analytical DepartmentUSD/JPY is consolidating near 149.33 on Thursday, with the yen pausing its rally while holding near four-month highs against the USD. This stabilisation follows renewed support for the US dollar amid concerns that US President Donald...
IG updates on IG Community closure and transition of key pages
Electronic trading major IG has provided an update to its clients regarding the upcoming closure of the IG Community. IG has successfully transitioned key trading information—including Dividend Adjustments, Overnight Funding Interest Rates, and FX Rollover Dates—to...
zForex adds the cTrader trading platform
cTrader trading platform developer Spotware Systems has announced that zForex, a growing and innovative forex and CFD broker serving traders across Forex, stocks, commodities, and indices, is integrating cTrader into its offerings. The parties said that this...
TradingView makes Nasdaq mutual funds available on its charts
TradingView keeps adding more data to the platform, with mutual funds from NASDAQ now available on charts. This integration gives TradingView users access to new symbols from a major global exchange to expand their horizons and help make more informed decisions. The...
SEC seeks stay of its case against Justin Sun and Tron Foundation
The Securities and Exchange Commission (SEC) has filed a motion to stay its case against Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry, Inc. The relevant document was submitted at the New York Southern District Court on February 26,...
FINRA fines Young America Capital for AML program deficiencies
Young America Capital LLC has agreed to pay a fine of $50,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Since at least August 2020, Young America has failed to develop and implement a written anti-money laundering (AML)...
Malaysia authorities claim $5.4M gone in TriumphFX scam
Malaysia’s New Straits Times is reporting that more than MYR 23.7 million (USD $5.4 million) has been lost to date in an investment scam syndicate run by Retail FX and CFDs broker TriumphFX. The Times reported that Malaysia’s Federal Commercial Crime Investigation...
Edgewater Markets integrates with Gold-i
Edgewater Markets, one of the world’s largest non-bank gold liquidity providers, has announced its integration with market leading technology provider Gold-i. This integration seamlessly connects Edgewater’s low latency trading stack and white label solution with...
HK regulator commences insider dealing prosecution against Wong Pak Ming
The Securities and Futures Commission (SFC) of Hong Kong today commenced criminal proceedings at the Eastern Magistrates’ Court against Wong Pak Ming for insider dealing involving the shares of Transmit Entertainment Limited (formerly known as Pegasus Entertainment...
Alpha Group appoints Nicole Coll to Board
Alpha Group International plc (LON:ALPH), a provider of high-tech, high-touch financial solutions to corporates and institutions, today announced the appointment of Nicole Coll to the Board as an independent non-executive Director with effect from 17 March. Ms Coll is...
Richard R. Verma returns to Mastercard as Chief Administrative Officer
Richard R. Verma returns to Mastercard as Chief Administrative Officer to oversee the company’s Law, Government Affairs & Policy, Franchise, Corporate Security, Inclusion & Belonging and Transformation, Risk & Operations (TRO) functions. He will also join...
SEC brings fraud charges against founder of Never Alone Capital
The Securities and Exchange Commission (SEC) today charged Alan Burak, founder of Never Alone Capital LLC, with orchestrating a fraudulent scheme that raised approximately $4 million, most of which Burak misappropriated for personal expenses. The SEC’s complaint...
Bloomberg Tradebook announces new collaboration with Eurex
Bloomberg Tradebook LLC today announced a new collaboration with European derivatives exchange Eurex. Bloomberg Tradebook will offer the ability to directly access Eurex member Banks and Market Makers within the existing CCP environment via the Bloomberg Tradebook...
EUR/USD appreciates as optimism builds around Germany’s fiscal plans :: InvestMacro
By RoboForex Analytical DepartmentEUR/USD climbed to 1.0504 on Wednesday, nearing its monthly high of 1.0528. The pair gained momentum following positive news from Germany, fuelling market optimism.Key factors driving EUR/USDReports have emerged suggesting that...
CME Group registers new daily volume record of 67.1M contracts
International derivatives marketplace CME Group today reported it reached a new, single-day volume record of 67,124,571 contracts traded on February 25. This surpasses the previous record of 66,256,756 contracts set on March 13, 2023. The company also hit new daily...
Australia sees inflationary pressures easing. Bitcoin has reached a 3-month low :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) was up 0.37%. The S&P 500 Index (US500) was down 0.47%. The Nasdaq Technology Index (US100) fell by 1.24%. Investor sentiment continued to be pressured by geopolitical and trade tensions after President Trump...
Nasdaq clarifies use of Nasdaq Data with Artificial Intelligence
In the interest of ensuring clients understand their rights and obligations, Nasdaq today communicated its expectation that customers using Nasdaq data in artificial intelligence technologies evaluate its use in the following core areas: AI model training; operational...
Nvidia earnings preview: Make-or-break moment… :: InvestMacro
Nvidia world’s 2nd largest company with $3.1 trillion market capEarnings due after US markets close Wednesday, 26th FebDeepSeek threat, tariffs and supply outlook in focusShares forecast to move almost 10% ↑ or ↓ post earningsTechnical levels: $115, $138 &...
i2c signs as issuing processing partner for Mastercard One Credential
i2c Inc., a provider of banking and payments technology, has signed on to be one of the first issuing processing partners for Mastercard One Credential, a single, digitally connected credential with multiple ways to pay. With One Credential, consumers will be...
Lightspeed adds Optionality widget to Lightspeed Trader platform
Lightspeed Financial Services Group LLC, a provider of professional-grade trading technology, today unveiled its latest innovation for the Lightspeed Trader platform: the Optionality widget. This feature is designed to streamline options trading, offering traders a...
MENA CFDs broker DB Investing adds Acuity’s Research Terminal
Sentiment analysis based trading tools provider Acuity Trading has announced that Dubai based Retail FX and CFDs broker DB Investing will integrate its Research Terminal into DB Investing’s trading platform, offering clients AI-powered market intelligence, advanced...
Western Union, urpay launch international money transfer services via urpay wallet
Western Union and urpay today announced the launch of international money transfer services in the urpay wallet, enabling customers to seamlessly send money to friends and family globally. urpay, launched in 2021, is Saudi Arabia’s leading digital wallet with over 6.5...
OneRoyal signs Diego Forlán as Brand Ambassador
Retail FX and CFDs broker OneRoyal has announced that the company has signed up Uruguayan football legend Diego Forlán as a new Brand Ambassador for the company. Generally regarded as one of the best forwards and goal scorers of his generation, the 45-year-old Diego...
Prop firm Propmax Prime debuts with Leverate’s SiRiX trading platform
Seychelles-based prop trading firm Propmax Prime has announced that the company has officially launched, introducing a cutting-edge approach to prop trading. With a mission to empower traders worldwide, Propmax Prime provides funding opportunities and...
TMX Group and Clearstream announce Bank of Canada to utilise CCMS
TMX Group Limited and Clearstream Banking S.A., the international central securities depository of Deutsche Börse Group, today announced the Bank of Canada’s decision to utilise the Canadian Collateral Management Service (CCMS). Developed by TMX Group and Clearstream,...
Worldline names Pierre-Antoine Vacheron its CEO
The Board of Directors of Worldline has announced the appointment of Pierre-Antoine Vacheron as Chief Executive Officer. The appointment is effective March 1, 2025. Mr Vacheron brings over 30 years of extensive international and transformational experience as CEO and...
MAS fines five individuals for abetting ex-Epicentre chairman in false and unauthorised trading
The Monetary Authority of Singapore (MAS) has imposed civil penalties on four individuals, Mr Aw Yong Leon Heng, Mr Neo Say Hwee, Mr Chang Bing Quan Daryl, Mr Cheng Jia Hong, and a trading representative Mr Tan Keng Cheng, for abetting Mr Lim Tiong Hian in false...
Webull, Capitalize team up to simplify retirement account rollovers
Capitalize, a platform for online retirement account transfers, today announced a new partnership with Webull, a digital investment platform. Through this partnership, Capitalize will empower Webull clients to locate and transfer old 401(k)s into Individual Retirement...
Gold prices rise again as demand for safe-haven assets increases :: InvestMacro
By RoboForex Analytical Department Gold stabilised around 2,940 USD per troy ounce on Tuesday, remaining close to record highs. The metal continues to benefit from strong demand for safe-haven assets amid growing concerns over US President Donald Trump’s tariff...
UEXO hires FXGlobe exec Frank Zeggelink to head Business Development
FNG has learned that offshore CFDs broker UEXO has hired Cyprus based executive Frank Zeggelink, as the company’s new Global Head of Business Development. Frank Zeggelink spent the past six years at rival online broker FXGlobe, serving as Head of the FXGlobe Cyprus...
Top Companies on Stocks Watchlist include Industrials & Utilities :: InvestMacro
By InvestMacro ResearchThe first quarter of 2025 is cruising along and we wanted to highlight some recent companies that have been added to our Cosmic Rays Watchlist, according to earnings data from last quarter. This week’s companies include a few industrial...
CME Group announces first trades of options on Bitcoin Friday futures
International derivatives marketplace CME Group today announced its new financially settled options on Bitcoin Friday futures are now available for trading. The first trade, a block, took place on Sunday, February 23, and was executed between Cumberland DRW and Galaxy...
Bitcoin has fallen below $92K. The US imposed additional sanctions on oil trade from Iran :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) added 0.08%. The S&P 500 Index (US500) was down 0.50%. The Nasdaq Technology Index (US100) decreased 1.21%. Among individual stocks, Palantir, a key player in defense AI, fell sharply by 10.5% and is now down nearly...
NinjaTrader launches new trading challenge series in beta, and redesigned mobile app
NinjaTrader, a fintech platform for retail futures trading, today announced the limited debut of the NinjaTrader Arena, an innovative futures trading challenge series that enables retail traders to compete against one another in a simulated trading environment, and...
Bitcoin tumbles below $90k on risk-off mood :: InvestMacro
Bitcoin ↓ 7% on Tuesday, pulling YTD losses to 5%Bears exploit Trump tariff fears & industry-related dramaOver past year US PCE triggered moves of ↑ 4.1% & ↓ 2.5%Technical levels: $94,000, $87,000 and 200-day SMABitcoin collapsed over 7% on Tuesday, hitting...
ICE registers record OI across global futures and options markets
Intercontinental Exchange, Inc. (NYSE:ICE) today announced that its global futures and options markets reached record open interest (OI) of over 100 million contracts on February 20, 2025, up 11% year-over-year. “ICE was founded twenty-five years ago with a mission to...
State Street, SS&C Technologies to restructure IFDS JV in Luxembourg and Ireland
State Street Corporation (NYSE:STT) and SS&C Technologies (NASDAQ:SSNC) today announced their intention to restructure the European component of their International Financial Data Services (IFDS) LP joint venture arrangement in Luxembourg and Ireland, following an...
CySEC withdraws CIF authorization of Abris-Cee Holdings
The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Cyprus investment firm (CIF) license of Abris-Cee Holdings Ltd. The regulatory decision was made at a CySEC meeting held on February 10, 2025. The withdrawal is in line with section 8(1)(a) of the...
iSAM Securities unveils new website to enhance client experience
iSAM Securities, a leading liquidity provider to institutional clients and trading venues globally, has launched a newly designed website. The company said that this development marks a significant step forward in the firm’s commitment to providing best-in-class...
CFDs broker Invidiatrade adds the DXtrade trading platform
Retail FX and CFDs broker Invidiatrade has announced the addition of DXtrade to its list of available platforms, providing traders with greater choice when it comes to trading forex pairs, stocks, cryptocurrencies, and commodities. The broker has also boosted its...
Sumo Capital to pay $100k fine to settle with Cboe over alleged rule violations
Sumo Capital, LLC has agreed to pay a fine of $100,000 as a part of a settlement with Cboe Exchange, Inc. The firm neither admitted nor denied that violations of Exchange Rules or the Securities Exchange Act of 1934, as amended (“Exchange Act”) and Exchange Act rules...
Britannia hires King & Shaxson’s Alex Cooper as Senior Sales Trader
Britannia Global Markets, the FCA regulated financial services firm specialising in derivatives broking including foreign exchange, energy, agriculture, base metals and financial products, has announced that it has appointed Alex Cooper as Senior Sales Trader. Alex is...
Ant International appoints Worachat Luxkanalode as CEO of 2C2P
Ant International, a global digital payment, digitisation and financial technology provider, today announced the appointment of Worachat Luxkanalode, as the new Chief Executive Officer (CEO) of 2C2P. Mr. Worachat will assume the role in April 2025, subject to...
Albert Soleiman to step down as CFO of CMC Markets
CMC Markets plc (LON:CMCX), a leading provider of online financial trading and B2B institutional solutions, announces that Albert Soleiman has agreed with the board that he will step down as a director and as CFO with immediate effect. Mr Soleiman will remain with the...
EC Markets hires FXGT exec Sherwan Zeybo to head Business Development
FNG has learned that Retail FX and CFDs broker EC Markets has hired experienced industry executive Sherwan Zeybo, as the company’s new Global Head Of Business Development. He will be based in Cyprus for his new role at EC Markets. Sherwan Zeybo spent the past five...
Robinhood says SEC closed investigation into Robinhood Crypto
Online trading company Robinhood announced today that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Robinhood Crypto (RHC). On February 21, 2025, the SEC’s Enforcement Division advised RHC in a letter that it had...
CME Group and DTCC to expand existing cross-margining arrangement
International derivatives marketplace CME Group and post-trade market infrastructure for the global financial services industry The Depository Trust & Clearing Corporation (DTCC) today confirmed plans to expand their existing cross-margining arrangement to provide...
Corpay increases credit facility by $750M
Payments company Corpay, Inc. (NYSE:CPAY) today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain...
Germany has a new chancellor. The focus of traders’ attention today is on the negotiations on Ukraine :: InvestMacro
On Friday, the Dow Jones Index (US30) declined by 1.69% (for the week -2.89%). The S&P 500 Index (US500) fell by 1.71% (down -1.67% for the week). The Nasdaq Technology Index (US100) was down 2.06% (week-to-date -1.93%). The US stocks fell on Friday as economic...
NAGA MENA names Paul Turner as Senior Executive Officer
Leading online broker NAGA Group (ETR:N4G) has announced that its NAGA MENA unit in Abu Dhabi has promoted Paul Turner from Executive Director to Senior Executive Officer, effective immediately. The company said that this advancement recognizes his exceptional...
Capital.com launches internship program aimed at university students in Cyprus
Leading online brokerage group Capital.com has announced the launch of a paid internship program aimed at university students in Cyprus. The program’s first intake will welcome 30 students from the Cyprus University of Technology (TEPAK), with plans to expand the...
CFTC lawsuit against former FBI agent gets stayed
Judge Jonathan J.C. Grey of the Michigan Eastern District Court has stayed a lawsuit brought by the Commodity Futures Trading Commission (CFTC) against a former FBI agent. The Judge granted a motion by the United States of America to intervene in the CFTC proceedings...
Pepperstone increases US share CFDs offering for 24-hour trading
Leading Australia based Retail FX and CFDs broker Pepperstone has announced that it is adding 79 new 24-hour US share CFDs to its lineup, to now offer over 100 of the most-traded US stocks. This gives traders unparalleled opportunity to capitalise on market-moving...
Nordnet Bank implements shareholder disclosure solution from Broadridge
In line with its obligations under the updated Shareholder Rights Directive (SRDII), Nordnet Bank AB has commenced live operations with an international shareholder disclosure solution from Broadridge Financial Solutions, Inc. (NYSE:BR). “We are firmly committed to...
Interactive Brokers’ GlobalTrader app simplifies exchanging mutual fund positions
Electronic trading major Interactive Brokers has released an updated version of its GlobalTrader app for iOS-based devices. Exchanging mutual fund positions is now easier than ever. Traders can try it out by tapping ‘Exchange’ on the Quote Details screen for an...
Exclusive: Daman Markets hires StoneX exec Maria Shenouda as VP Sales
FNG Exclusive… FNG has learned that newly launched, MENA focused Retail FX and CFDs broker Daman Markets has continued a recent senior executive hiring spree, adding Maria Shenouda as Vice President of Sales. Maria Shenouda joins Daman Markets after spending the past...
Speculators push US Dollar Index & Japanese Yen bullish bets higher :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 18th and shows a quick view of how large market...
FX week in review: Autochartist sold, Doo Group in Cyprus, hires at CFI, iSAM, eToro, Saxo
M&A activity continued this week in the Retail FX and CFDs sector. After recently seeing the acquisitions of OANDA and Saxo Australia, now popular charting and trading tools provider Autochartist has been sold. There were also a number of brokers expanding in new...
A fiscal crisis is looming for many US cities :: InvestMacro
By John Rennie Short, University of Maryland, Baltimore County Five years after the start of the COVID-19 pandemic, many U.S. cities are still adjusting to a new normal, with more people working remotely and less economic activity in city centers. Other factors, such...
Speculator Bets led by Russell-Mini & VIX :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 18th and shows a quick view of how large traders...
Weekly Speculator Bets led by 5-Year Bonds & Fed Funds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 18th and shows a quick view of how large...
Speculator Bets led by Copper, Silver & Steel :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 18th and shows a quick view of how large traders...
Steel & US Treasury Bonds lead Bullish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on February 18th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Weekly Speculator Bets led by Corn & Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 18th and shows a quick view of how large...
Investors value corporate tax responsibility – at least when the company is based somewhere with a lot of inequality, research shows :: InvestMacro
By Erica Neuman, University of Dayton and Curtis Farnsel, University of Dayton When corporations based in areas of above-average income inequality pay more taxes, it’s not just the public that appreciates it – investors do, too. That’s the key finding of our recent...
SEC obtains final judgment against individual in $33M fraud scheme
The Securities and Exchange Commission (SEC) confirmed today that it has obtained a final judgment against James B. Panther, Jr. for his role in a fraudulent scheme. The scheme enabled Panther to secretly control and inflate the price of shares of a microcap issuer,...
GER40’s outlook hinges on German election showdown :: InvestMacro
Opinion polls point to CDU/CSU return to powerGER40 ↑ 12% YTD, one of best performers in FXTM universeFragmented parliament outcome could spark GER40 selloffBeyond politics, German data to move GER40 via ECB cut betsTechnical levels: 22955.9, 22000, 21600Europe’s...
TradingView expands crypto asset coverage with over 3,000 additional tokens
TradingView’s crypto asset coverage has been expanded with over 3,000 additional cryptocurrencies. Now, platform users can track more than 4,000 tokens on the platform. This addition provides access to a broader range of digital assets, and you don’t have to restrict...
Hong Kong Index reached the maximum for 19 weeks. European indices are declining amid weak corporate reports :: InvestMacro
The Dow Jones Index (US30) fell by 1.01% on Thursday. The S&P 500 Index (US500) was down 0.43%. The Nasdaq Technology Index (US100) fell by 0.48%. Despite beating earnings expectations, Walmart’s cautious outlook for fiscal year 2026 caused the company’s stock to...
Exclusive: Trading Competition firm BullRush hires Neal Pleasance as CMO
FNG Exclusive… FNG has learned that Trading Competition firm BullRush has hired experienced UK-based FX/CFDs (and gaming) marketing executive Neal Pleasance, as the company’s new Chief Marketing Officer (CMO). Neal Pleasance was Creative Director at StoneX...
EUR/USD poised to renew two-month highs as buying momentum builds :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a two-month high, with market sentiment favouring further gains.Key drivers behind EUR/USD’s riseA decline in US...
ATFX integrates BlackArrow trading tools
Leading online brokerage group ATFX has announced that it is adding a new trading experience for clients through its integration with BlackArrow, an advanced trading platform developed by Brazil based fintech company Nelogica. The company said that this collaboration...
Italy’s CONSOB orders blocking of websites of Revolutfx, Macan Holdings, Emeraltrade
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of more unauthorized investment websites. The websites targeted by the latest orders are: “Revolutfx” (website www.revolutfx.net and related page https://client.revolutfx.net); Macan Holdings...
StoneX Financial continues partnership with Women’s Run Series
StoneX Financial Ltd, the U.K. based subsidiary of StoneX Group Inc., continues its partnership with the Women’s Run Series. The next event scheduled is on International Women’s Day – Saturday, March 8, 2025 – at the Queen Elizabeth Olympic Park in London, previously...
FINRA imposes $275k fine on Merrill Lynch
Merrill Lynch, Pierce, Fenner & Smith Incorporated has agreed to pay a fine of $275,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From July 2020 to June 2023, Merrill Lynch accepted market orders for the purchase of shares...
Citi, HSBC, Morgan Stanley and Royal Bank of Canada to pay total fines of over £100M to settle with CMA
Citi, HSBC, Morgan Stanley and Royal Bank of Canada will pay fines totalling over £100 million. Following an investigation by the UK Competition and Markets Authority (CMA), the banks have agreed to pay fines for specific instances in which traders shared...
CySEC withdraws license of Merba Limited (ex XTrade Europe Ltd)
Cyprus financial regulator CySEC has announced that on its meeting of 10th February 2025, it has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of the Directive DI87-05, to withdraw the...
XTB adds securities license in Chile
Poland based Retail FX and CFDs broker XTB (WSE:XTB) has announced that the company has received a securities agent license in Chile. XTB said that this is a significant milestone for the company as it expands its presence in Latin America. The license awarded by the...
TriumphFX / ShineTrades shareholder Chong Chun Hseung has voting rights suspension extended by CySEC
Cyprus financial regulator CySEC has announced that, at its meeting held on the 10th of February 2025, it decided to grant an additional extension of six months to the suspension of voting rights attached to the shares of Shine Trades (CY) Limited (formerly known as...
Erik Tim Müller to leave Eurex and Deutsche Börse Group
Erik Tim Müller, CEO of Eurex Clearing AG, has informed the Supervisory Board of Eurex Clearing that he will not serve another three-year term after March 2025 and offered to assist Deutsche Börse with the transition. He will leave Deutsche Börse Group by year end...
Natural gas prices jumped to a 2-year-high. The Mexican peso depreciates to a 3-year low. :: InvestMacro
The Dow Jones (US30) was up 0.16% on Wednesday. The S&P 500 Index (US500) was up 0.24%. The Nasdaq Technology Index (US100) was up 0.05%. The minutes from the Fed’s January meeting emphasized that policymakers are drawing attention to the need for more evidence of...
TradingView adds CEX Screener to crypto market analysis tools
TradingView has unveiled the latest addition to its crypto market analysis tools — the CEX Screener. This new product completes TradingView’s suite of screeners, complementing its existing Crypto Coins and DEX screeners. With the CEX Screener, traders can efficiently...
USD/JPY hits two-month low as demand for safe-haven yen surges :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair has fallen to a two-month low, trading near 150.07, as geopolitical and trade uncertainties drive investors towards the safe-haven yen.Key factors behind JPY strengthThe yen’s rise is largely due to growing global...
Cypriot regulator withdraws CIF license of Tanius Technology Europe
The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of Tanius Technology Europe Ltd. The decision was made at a CySEC meeting held on February 10, 2025. The withdrawal is pursuant to section...
FCA cancels Samsky Pay registration as Small Payment Institution
The UK Financial Conduct Authority (FCA) has cancelled Samsky Pay Ltd’s registration as a Small Payment Institution. The cancellation is effective February 20, 2025. On 14 June 2021, the firm was registered by the Authority as an SPI under the PSRs to provide money...
Fiserv BoD authorises repurchase of 60M shares
Fiserv, Inc. (NYSE:FI), a global provider of payments and financial services technology, today announced that its Board of Directors has authorized it to repurchase 60 million shares of the company’s common stock. This amount is in addition to the shares remaining...
eToro adds ADX-listed stocks to its platform
Online broker eToro has added stocks listed on the Abu Dhabi Securities Exchange (ADX) to its platform. The launch follows an agreement signed last year between ADX and eToro, aimed at broadening investor access to the UAE’s stock market. eToro’s global community can...
Exclusive: Pepperstone EU Executive Director Stavros Vassiliades departs
FNG Exclusive… FNG has learned that longtime Pepperstone senior executive Stavros Vassiliades has left the company. Stavros Vassiliades joined Pepperstone in its Cyprus office in 2020 as Compliance Manager & AMLCO, and in 2022 was named Executive Director at...
DXtrade and Nobosso NBS360 partnership tops $1B in prop trading volumes
For those of our readers who want to get a better sense as to the growth and size of retail prop trading, trading platform developer Devexperts has announced that its DXtrade platform and prop trading solutions provider Nobosso’s NBS360 dashboard have surpassed the...
CySEC issues warning on illegal crypto investment offering
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning regarding an illegal offer of crypto investment. The regulator announces that people appearing to represent Binance are encouraging investors, directly or indirectly, to invest in...
Investor Communications Japan expands partnership with Broadridge
ICJ, Inc, (Investor Communications Japan) announced today that they will further utilize the services of Broadridge Financial Solutions, Inc. (NYSE:BR), to handle part of their electronic proxy voting service platform’s data processing following the full-scale launch...
Exclusive: Flowbank bankruptcy will see just 70%-80% refund to third class claims
FNG Exclusive… FNG has learned that Walder Wyss Ltd, liquidator of bankrupt Swiss neobroker / neobank FlowBank, has issued an update to former clients and creditors of the company, providing more insight and data from its efforts to return client and creditor funds,...
eToro hires IDB / Menora alum Eli Shwartz to head marketing strategy
Israel based, social-trading focused online broker eToro has made an interesting new hire from outside “the industry”, adding Tel Aviv based executive Eli Shwartz as the company’s new Head of Marketing Strategy. Eli Shwartz spent the past four years with Israel’s...
Gold to extend its rally as market conditions remain favourable :: InvestMacro
By RoboForex Analytical Department Gold remains steady at 2,930 USD per troy ounce on Wednesday, hovering near last week’s record high of 2,940 USD. Ongoing concerns over US trade tariffs and global uncertainties continue to drive demand for safe-haven assets.Key...
Swissquote introduces Quantum Computing index
Switzerland-based online banking and trading company Swissquote (SWX:SQN) is introducing a Quantum Computing index. The index is fine-tuned to get the best out of: Semiconductors and hardware suppliers : These firms design and manufacture critical components like...
The RBNZ expectedly cut the rate by 0.5%. Canada’s median inflation rate remains above the target of 2% :: InvestMacro
On Tuesday, the Dow Jones (US30) Index was up 0.02%. The S&P 500 Index (US500) added 0.24%. The Nasdaq Technology Index (US100) was up 0.23%. Weakness in the consumer staples and communication services sector, highlighted by a 2.7% drop in Meta Platforms shares...
TradingView adds JGB futures data from Osaka Exchange
TradingView is introducing its latest data expansion — Japanese government bond (JGB) futures from the Osaka Exchange (OSE). These contracts serve as a powerful hedging tool and come with advanced features. Together with the Tokyo Stock Exchange, the Osaka Exchange is...
USDJPY eyes key support zones ahead of Japan CPI :: InvestMacro
Yen best performing G10 currency YTDUSDJPY ↓ 2% MTD ahead of Japan CPITraders see 62% chance BoJ hikes by JuneJapan CPI sparked moves of ↑ 0.3% & ↓ 0.4% over past yearBloomberg FX model: 74% USDJPY – (149.77 – 153.63)The Japanese yen is the best-performing G10...
FxPro advises traders to get ready for German Election market moves
Retail FX and CFD broker FxPro is warning traders of possible market swings stemming from the upcoming German Election. Germany heads to the polls on Sunday, February 23, in a snap federal election that could reshape economic policy and create significant market...
eToro secures MiCA permit to offer crypto services across EU
Online broker eToro today announced that its EU subsidiary eToro (Europe) Ltd has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) allowing the company, subject to submitting the relevant notification to all member states, to provide crypto...
Deutsche Bank selects LSEG’s Trade Discovery solution
London Stock Exchange Group (LSEG) today announces Deutsche Bank has selected its Trade Discovery solution, a key tool for compliance for the Fundamental Review of the Trading Book (FRTB) regulation. The FRTB regulation requires institutions implementing the rules via...
Spotware rolls out cTrader Mobile 5.2
Fintech company Spotware Systems has rolled out cTrader Mobile 5.2 for iOS-based devices. The latest version of the app delivers a smarter and more intuitive trading experience with several new features and enhancements. The long-anticipated risk-reward tool allows...
Top 12 regions with the highest demand for social trading services
In recent years, the demand for copy trading services has surged. Online searches for copy trading services have grown approximately 20% year-over-year (YoY) over the past four years, according to open data collected in the research conducted by Brokeree Solutions. By...
Nasdaq to introduce enhanced Self Match Prevention functionality
The Nasdaq Stock Market, Nasdaq BX, and Nasdaq PSX will be introducing enhanced Self Match Prevention (SMP) functionality. The SMP enhancements provide updated matching logic, introduce two new matching levels, and introduce a new SMP strategy. Currently, orders with...
Sumsub launches eSignature QES digital signature verification to enhance remote user onboarding
Verification and client onboarding solutions provider has announced that the company has launched its Qualified Electronic Signature (QES) Verification product. The innovative solution is designed to enhance security, compliance, and efficiency in remote user...
Beeks reports trading in H1 FY25 in line with Board expectations
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today provided an update on trading for the six months ended 31 December 2024 (H1 FY25). Trading in H1 FY25 has been in line with Board expectations, with...
BNP Paribas’ Securities Services business partners with Broadridge to expand its global custody services
BNP Paribas’ Securities Services business has partnered with global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR) to expand its global custody services, appointing Broadridge as service provider for its global securities class action services....
ICE Bonds reports record trading for corporate, municipal and agency bonds in 2024
Intercontinental Exchange (NYSE:ICE) today announced record 2024 trading volume for corporate bonds, municipal bonds and agencies trading on ICE Bonds. ICE Bonds attributes this strong growth to increased usage of its corporate bond sweeps protocol and the expansion...
OCC names Matt Rathbun its Chief Security Officer-Elect
Equity derivatives clearing organization OCC today announced that Matt Rathbun has joined OCC as Chief Security Officer-Elect and will succeed current CSO Mark Morrison following his upcoming retirement. Rathbun has more than 25 years of experience in information...
Get More Forex Leads With These Expert Tips
The following is a guest editorial courtesy of Charlotte Day, Creative Director at Contentworks Agency. Securing high-quality leads is a top priority for forex brokers. In fact, it’s the main KPI of most brokers we speak to as a forex marketing agency. In this article...
Grupo Bolsa Mexicana de Valores partners with IPC to deploy Beeks infrastructure
Beeks Financial Cloud Group plc (LON:BKS), a private infrastructure and connectivity provider for financial markets, today announced that Grupo Bolsa Mexicana de Valores (BMV), the second-largest exchange in Latin America, has signed an agreement with IPC to deploy...
Euronext to launch fixed income derivatives on main European government bonds
European capital market infrastructure Euronext today announced the launch of fixed income derivatives on main European government bonds. This innovative offering introduces mini futures cash-settled on European government bonds. Designed to meet the needs of retail...
The RBA has cut interest rates for the first time since 2020. European countries will increase spending on the army :: InvestMacro
US stock indices did not trade yesterday due to the bank holiday.The Mexican peso held steady at 20.3 per US dollar, showing resilience despite Banxico’s dovish stance, supported by a still high interest rate differential and the temporary postponement of US tariffs...
Nuvei appoints Moshe Selfin as CPO, Chad Gerhardstein as Chief Risk and Compliance Officer
Canadian fintech company Nuvei Corporation today announces the appointment of two new executives to its senior leadership team. Moshe Selfin joins as Chief Product Officer, reporting to Nuvei Chair and CEO Philip Fayer, while Chad Gerhardstein assumes the newly...
Saxo Bank appoints Christian Grønning as its new Global Head of Communications
Today, multi-asset investment specialist Saxo Bank announced that Christian Grønning will join as Global Head of Communications, PR, and Social Media as of 1 March 2025. Christian Grønning In this role, Mr Grønning will direct PR and Communication efforts across all...
Worldline and OP Financial Group renew partnership
Payment services provider Worldline has renewed its partnership with OP Financial Group, the largest retail bank in Finland. Building on a decade of successful collaboration, this new 12-year agreement underscores the trust and confidence OP Financial Group places in...
Euroclear launches US Treasury DVP repo service
Euroclear today announced that it has launched a US Treasury Delivery-Versus-Payment (DVP) repo service. The new solution is designed for US Treasury repo market participants operating in the US settling USD transactions. The first trade was completed on 6 February...
FCA imposes £1.66M fine on Mako for failings relating to cum-ex trading
The UK Financial Conduct Authority (FCA) has fined Mako Financial Markets Partnership LLP £1,662,700 for failing to ensure it had effective systems and controls to guard against financial crime. Mako also failed to adequately apply the policies and procedures it did...
HK regulator issues restriction notice to Money Concepts (Asia) Holdings Limited
The Securities and Futures Commission (SFC) of Hong Kong has issued restriction notices to Money Concepts (Asia) Holdings Limited (MCAH) and Money Concepts Asset Management Limited (MCAM) because of doubts over their honesty, reliability, integrity and ability to...
iSAM Securities hires LSEG exec Caroline Xu as Sales Director in Hong Kong
London based prime-of-prime broker and liquidity solutions provider iSAM Securities has announced that it has hired Caroline Xu as Sales Director in the Hong Kong office, to further the groups recent push for growth within the region. Caroline’s career began at...
LSEG names Hiroki Tomiyasu Head of Post Trade Japan and Head of Post Trade Solutions APAC
London Stock Exchange Group (LSEG) today announced that Hiroki Tomiyasu joined the Group on 17 February as Head of Post Trade, Japan, and Head of Post Trade Solutions, APAC. Hiroki Tomiyasu He will report to both Rohit Verma, Head of Post Trade, APAC, LSEG, and Andrew...
oneZero expands broker solutions acquiring Autochartist
Trading tech solutions provider oneZero Financial Systems is starting to make use of the M&A war chest it raised late last year, announcing the acquisition of Autochartist, a leading provider of client engagement automation through market data-driven content....
Aquis CEO Alasdair Haynes to step back from day-to-day running of business
Aquis announces that its Chief Executive, Alasdair Haynes, has informed the Board of his decision to step back from the day-to-day running of the business for health reasons, and will assume the role of President of the Group, effective immediately. Aquis’ Chief...
LCH EquityClear to settle ICSD-issued ETPs in Clearstream Banking
Clearstream Banking informs clients that from trade date 3 March 2025 LCH Ltd (LCH) EquityClear intends to start settling ICSD-issued Exchange Traded Products (ETPs) directly in Clearstream Banking S.A. (CBL) (using its own account 85068) for settlement with...
Prop firm Hoorah integrates cTrader into its suite of trading solutions
Spotware, a leading technology provider and developer of the award-winning cTrader platform, has announced its latest partnership with Hoorah, a dynamic prop trading firm dedicated to making proprietary trading accessible, engaging, and rewarding for traders of all...
IG Japan raises margin rates for TRY pairs
IG Securities, the Japanese subsidiary of electronic trading major IG Group, today announced changes to the trading conditions for currency pairs including the Turkish lira (TRY). The affected pairs include TRY/JPY, CHF/TRY, EUR/TRY, USD/TRY, GBP/TRY. The broker is...
FINRA fines Cova Capital Partners for alleged rule violations
Cova Capital Partners LLC has agreed to pay a fine of $30,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Between June 2018 and December 2021, Cova recommended three private placements to retail customers without conducting due...
CFDs and Multi-Asset Platforms: The Future of Trading?
All eyes have been on multi-asset trading platforms combining equities, exchange-listed derivatives, and contracts for difference (CFDs). Brokers see the writing on the wall—modern traders want and need diversity of choice, and there’s serious money to be made by...
Doo Group opens new Cyprus office
Following our report from last November that Singapore based brokerage firm Doo Group had received a license by Cyprus financial regulator CySEC (for subsidiary Doo Financial Cyprus Limited), the company has now announced the formal opening if its new office in...
Speculator Bets led by MSCI EAFE & DowJones :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 11th and shows a quick view of how large traders...
CME fines APG Asset Management for alleged rule violations
International derivatives marketplace CME Group has published a notice of disciplinary action against APG Asset Management N.V. Pursuant to an offer of settlement in which APG Asset Management N.V. Neither admitted nor denied the rule violations or factual findings...
Steel, US Treasuries & Yen lead weekly Bullish Bets :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on February 11th.This weekly Extreme Positions report highlights the Most Bullish and Most...
StanChart, Animoca Brands and HKT set up JV to issue HKD-backed stablecoin
Standard Chartered Bank (Hong Kong) Limited (“SCBHK”), Animoca Brands, and HKT have entered into agreements to establish a joint venture (JV) with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime1 in order...
Japanese Yen Speculators continue to sharply boost their bullish positions :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 11th and shows a quick view of how large market...
Cboe Digital Exchange to transfer its FBT and FET futures to Cboe Futures Exchange
Effective on trade date Monday, June 9, 2025, subject to regulatory review, Cboe Digital Exchange, LLC (CDE) will transfer its financially-settled margin futures on Bitcoin (FBT) and on Ether (FET) to Cboe Futures Exchange, LLC (CFE). After the close of trading at...
Speculator Bets led by 5-Years, US Treasury Bonds & Ultra 10-Years :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 11th and shows a quick view of how large...
Speculator bets led by Platinum, Copper & Steel :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 11th and shows a quick view of how large traders...
Speculator Bets led by Wheat, Cotton & Sugar :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 11th and shows a quick view of how large...
FX week in review: Saxo Australia sold, eToro confirms IPO, prop firm rebrand, Robinhood record results
Who has acquired Saxo Bank’s ASIC licensed Australia business? What exactly did eToro confirm (and not confirm) about its planned IPO in the US? Which prop trading firm has rebranded, and launched a new CFDs brokerage arm? What drove Robinhood’s record Revenue and...
Nvayo Limited enters special administration
The UK Financial Conduct Authority (FCA) has confirmed that Nvayo Limited entered special administration on February 10, 2025. Dane O’Hara, Alex Cadwallader and Andrew Poxon, all of Leonard Curtis (UK) Limited, were appointed as administrators. Nvayo is authorised by...
SEC charges One Oak Capital Management, Michael DeRosa for misconduct related to advisory services
The Securities and Exchange Commission (SEC) today filed settled charges against New York-based registered investment adviser One Oak Capital Management LLC, and former One Oak investment adviser representative, Michael DeRosa, for misconduct related to advisory...
EUR/USD significantly rises as risks diminish :: InvestMacro
By RoboForex Analytical Department EUR/USD climbed to 1.0453 on Friday, reaching a two-week high and maintaining stability.Key drivers behind EUR/USD movementThe euro’s gains accelerated after US President Donald Trump signed a memorandum to review retaliatory duties...
The German Index set another high. The GDP of Malaysia and Singapore show steady growth :: InvestMacro
At the end of Thursday, the Dow Jones Index (US30) rose by 0.77%. The S&P 500 Index (US500) was up 1.04%. The Nasdaq Technology Index (US100) is up 1.43%. Stocks found support after Thursday’s release of the January Producer Price Index (PPI) report, which bodes...
CME fines SG Americas Securities for alleged rule violations
International derivatives marketplace CME Group today posted a notice of disciplinary action against SG Americas Securities LLC. Pursuant to an offer of settlement in which SG Americas Securities, LLC (“SGAS”) neither admitted nor denied the rule violations upon which...
Trump’s trade war threatens UK100’s record run :: InvestMacro
UK100 ↑ 7% year-to-date One of best-performing indices in FXTM’s universe YTDTrump’s tariffs + UK data + BoE Bailey = volatility?UK jobs data sparked moves of ↑ 1.2% & ↓ 1.4% over past yearTechnical levels: 8846, 8800 & 8655 President Donald Trump has...
BGC Group registers 21.3% Y/Y rise in FX revenues in Q4 2024
BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the fourth quarter and full year ended December 31, 2024. Foreign Exchange revenues were up 21.3% to $93.6 million, primarily driven by higher options and emerging market foreign exchange volumes....
Dubai’s VARA warns consumers of risks associated with memecoins
The Virtual Assets Regulatory Authority (VARA) has issued an alert to inform consumers and investors of the risks associated with advertisements promoting subscriptions to memecoins. Memecoins are highly speculative and volatile assets, frequently subject to market...
FINRA imposes $150k fine on GTS Securities
GTS Securities LLC has agreed to pay a fine of $150,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From May 2019 through March 2021, GTS published 23 inaccurate monthly reports of executions of covered orders in National Market...
Cypriot regulator warns against 15 unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against 15 unauthorized investment firms. The websites of the unauthorized entities are: ma212.com/#/1 pro-invests.uk capitalltraders.com tradecenterfx.com &...
CFI opens Azerbaijan office – FX News Group
Leading global online trading provider CFI Financial Group has announced the official opening of its newly established entity, CFI Financial Investment Company (CFI Azerbaijan). The company said the this launch marks a significant milestone in CFI’s expansion...
Interactive Brokers enhances Client Portal
Electronic trading major Interactive Brokers continues to enhance the capabilities of its solutions. The Client Portal has just been beefed up with additional functionalities. The broker now offers Overnight + Day orders which allows its clients to submit orders in...
Euronext registers 27.7% Y/Y increase in FX trading revenue in Q4 2024
European capital market infrastructure Euronext today published its results for the fourth quarter and full year 2024. FX trading revenue was €8.5 million in Q4 2024, up +27.7% compared to Q4 2023 thanks to favourable market volatility and commercial expansion. On a...
CME Group to add C2C Matching Logic to BrokerTec Stream
Effective Sunday, March 9 (trade date Monday, March 10), CME Group is adding a new feature to BrokerTec Stream: Client to Client (C2C) Matching Logic. This new feature will allow clients to participate in Client to Client matching by configuring relationships with...
OneConnect launches AI Agent Platform integrating DeepSeek and Qwen
OneConnect Financial Technology Co., Ltd, a business technology service provider for financial institutions, today announced the launch of its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to...
Italy’s CONSOB blocks websites of two unauthorized crypto services providers
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of the websites run by two unauthorized crypto services providers. The targeted websites belong to: ‘Dobibo’ (websites https://dobibo.com, https://dobibo1.com, https://dobibo2.com) and...
NYSE Texas to launch as competitor TXSE gears up
New York Stock Exchange operator Intercontinental Exchange Inc (NYSE:ICE) has announced plans to launch NYSE Texas, a fully electronic equities exchange, headquartered in Dallas, Texas. The move comes as a potentially competitive exchange called TXSE is also gearing...
Tradeweb partners with Coremont to advance fixed income execution workflows
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today announced a strategic collaboration with Coremont, a premier provider of cloud-based portfolio management software and multi-asset...
OneRoyal hires Tixee/easyMarkets alum James Trescothick to head Market Research
Retail FX and CFDs broker OneRoyal has announced that the company has hired experienced industry executive James Trescothick as its new Head of Market Research and Analysis. James Trescothick, who is based in Cyprus, spent nine years working for easyMarkets...
StanChart supports ChinaAMC (HK) in launching first tokenised retail fund in APAC
Standard Chartered Bank (Hong Kong) Limited today announced that it is supporting China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)”) to launch the first tokenised retail money market fund in Asia Pacific tentatively by the end of February as its digital...
Capital.com expands data and analytics collaboration with LSEG
Leading online brokerage group Capital.com has announced an expansion of its collaboration with LSEG. Capital.com said it will integrate LSEG’s real-time news, data and market psychology sentiment feeds, to help clients make timely and informed trading decisions. The...
FCA charges Campbell & Associates director with multiple fraud offences
The UK Financial Conduct Authority (FCA) has charged Mrs Lisa Campbell with multiple criminal offences, including fraud by abuse of position and providing false or misleading information to the FCA to conceal her wrongdoing. Mrs Campbell was the sole director of...
Trive marketing exec Doron Rozenberg joins Bitpanda
FNG has learned that experienced FX and CFDs industry marketing executive Doron Rozenberg has joined regulated crypto exchange operator Bitpanda, as Marketing Lead for Germany. Doron Rozenberg spent the past two years as Marketing Director Europe for Retail FX and...
Webull adds Event Contracts trading
Neobroker Webull has announced that it has partnered with Kalshi, the first CFTC-regulated exchange with prediction markets. The partnership will offer users the ability to trade binary “event contracts” through the Webull platform. Interestingly, Webull’s...
IG Community to close down at end-February
Electronic trading major IG Group will close down the IG Community, with the termination of the service scheduled for February 28, 2025. The broker has posted the following notice on its website: “We’re sad to say that the IG Community will be closing down on February...
Former Capital.com and IG exec Alessandro Capuano joins Moneyfarm
FNG has learned that longtime FX and CFDs industry executive Alessandro Capuano has joined online investment advisor Moneyfarm, as Head of Special Projects. Alessandro Capuano was one of a number of senior IG Group employees who was recruited over to online brokerage...
CME Group reports record Revenues ($6.1B) and Profits ($3.5B) in 2024
Derivatives markets operator CME Group Inc (NASDAQ:CME) has reported its financial results for the fourth quarter and full year of 2024, with the company seeing record top and bottom line figures for the year. CME Group reported revenue of $1.5 billion and operating...
Corpay Cross-Border launches multi-currency accounts
Corporate payments company Corpay (NYSE:CPAY) has announced that its Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management,...
Today, traders’ attention is focused on the US inflation data :: InvestMacro
The Dow Jones Index (US30) rose by 0.28% on Tuesday. The S&P 500 Index (US500) added 0.03%. The Nasdaq Technology Index (US100) was down 0.29%. The US stocks had a mixed session on Tuesday as investors weighed Fed Chairman Jerome Powell’s cautious stance on...
Schwab expands 24 hour trading via the thinkorswim platform
Under pressure from neobrokers such as Robinhood (NASDAQ:HOOD) and new round-the-clock trading venues like 24X, US online brokerage leader Charles Schwab (NYSE:SCHW) has announced the launch of broad access to an expanded range of securities in the overnight trading...
The pound’s rally stalls as investors await fresh economic data :: InvestMacro
By RoboForex Analytical DepartmentGBP/USD is consolidating around 1.2447 on Wednesday as traders hold back, awaiting key UK economic data releases later this week.Key factors influencing GBP/USDEarlier this week, the British pound faced pressure after Bank of England...
CySEC lists Crypto regulation, AI, and Finfluencers among 2025 priorities
Cyprus financial regulator CySEC, which effectively oversees a healthy portion of the online trading industry thanks to the plethora of brokers domiciled in the EU island nation, has published today its Supervisory Priorities for 2025. CySEC said that its priorities...
Bitpanda gets FCA approval for UK expansion
Vienna, Austria based crypto exchange operator Bitpanda has announced that the company has reached another major regulatory milestone, securing approval from the UK’s Financial Conduct Authority (FCA) to operate in the UK. Alongside the recently obtained MiCAR...
eToro confirms IPO filing in the US
About a month after reports surfaced that Israel based, social trading focused online broker eToro was moving forward with an IPO, eToro itself has confirmed that the company has (confidentially) filed an “F-1” registration statement with US regulatory authorities. In...
Bitcoin miner Phoenix Group sees 236% Revenue leap in 2024, now topping $100M
Abu Dhabi based Bitcoin mining outfit Phoenix Group PLC (ADX:PHX) has announced what the company calls a remarkable 236% year-over-year surge in Revenue for FY 2024, solidifying its position as a driving force in the global digital asset ecosystem. Phoenix Group’s...
Australia authorities warn of Investment Bonds scam
The Australian Competition and Consumer Commission (ACCC) has announced on its ScamWatch service website that criminals are impersonating real businesses and offering fake Investment Bonds to retail investors. They claim these bonds offer high returns and are...
Auditiams releases innovative Compliance and Risk Management solutions
Limassol based Auditiams Compliance & Risk has announced the launch of what it calls four pioneering platforms – AUDCOM, AUDSER, AUDEDU, and AUDENT – designed to revolutionize how businesses address compliance, risk, and legal services. AUDCOM: A compliance...
Alpha Group (ex) CEO Morgan Tillbrook gifts 1.1 million shares to senior managers
Corporate FX solutions provider Alpha Group International plc (LON:ALPH) has announced that Morgan Tillbrook, founder and former CEO of Alpha Group, has pledged 1,103,555 ordinary shares from his personal holding with a total value of around £28 million (or USD $35...
Chris Demetriou rejoins Capital.com in Dubai to head MENA sales
FNG has learned that experienced FX and CFDs industry executive Chris Demetriou has returned to leading online broker Capital.com, as Head of Sales MENA. Chris Demetriou previously worked for Capital.com in London from 2021-2023, as Head of UK Sales. After leaving...
Yen’s rally stalls but may resume soon :: InvestMacro
By RoboForex Analytical DepartmentUSD/JPY is consolidating near 151.96 after a temporary pause in the yen’s recent strength.Key market factorsAt the beginning of the week, the Japanese yen weakened against the US dollar as the greenback reacted to fresh US trade...
25% tariffs on imports of steel and aluminum in the US provoke the growth of metals :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) rose by 0.38%. The S&P 500 Index (US500) gained 0.67%. The Nasdaq Technology Index (US100) was up 1.24%. Stock indices rose moderately on Monday thanks to gains in US metals and mining stocks after President Trump...
Key factors that could impact oil prices this week :: InvestMacro
Oil prices ↑ almost 2% this weekRussian/Iran supply concerns overshadow Trump’s tariffEIA, OPEC and IEA monthly oil market reports in focusBrent: US CPI sparked moves of ↑ 1.9% & ↓ 1.2% over past yearTechnical levels: 200-day SMA, $76.00 and $74.00Oil benchmarks...
Robinhood launches Options trading in the UK
US neobroker Robinhood (NASDAQ:HOOD) has taken the next step in its international expansion which began in earnest in 2024, announcing the launch of Options trading for its UK customers. The company said that this is yet another step forward in its journey to expand...
Exclusive: LCG sees positive cash flow in H2-2024, to report annual profit
FNG Exclusive… FNG has learned that recently-rebranded FCA licensed online broker London Capital Group (or LCG) saw a significant improvement in its financial results in 2024, with the company seeing positive cash flow in the second half of the year. LCG will also...
Euronext Clearing collaborates with Euroclear on collateral management
European exchanges operator Euronext has announced a new collaboration with Euroclear, to support the development of Euronext Clearing’s collateral management services for repo and other asset classes. The initiative is a major step to enable Euronext’s ambition to...
DXtrade to offer Brokers and Prop Firms advanced data analytics solutions via AI BI
DXtrade, the flagship out-of-the-box white-label trading platform from global capital markets software developer Devexperts, has announced its integration with AI BI, a provider of AI-powered advanced data analytics automation solutions for brokers and prop firms. AI...
Prop firm MyFundedFX rebrands as SeacrestFunded, restricts US customers
Retail prop trading firm MyFundedFX has announced a rebranding of the operation to SeacrestFunded. The website myfundedfx.com now redirects to funded.seacrestmarkets.io. The move comes as the Dallas, Texas based group also launched a CFDs brokerage operation called...
My Big Coin founder hit with $7.6M court order for Crypto fraud
The U.S. Commodity Futures Trading Commission has announced that the U.S. District Court for the District of Massachusetts entered a consent order against Randall Crater of Heathrow, Florida. The order requires Crater to pay over $7.6 million in restitution to...
Crypto fraud leads to $1.5M court order against Rashawn Russell
The U.S. Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the Eastern District of New York entered an order against Rashawn Russell, a New York resident, in a CFTC action charging Russell with fraudulent solicitation and...
TD to offload its entire $15 billion position in Charles Schwab
Canadian banking giant TD Bank Group (TSE:TD) has announced its intention to sell its entire equity investment in The Charles Schwab Corporation (NYSE:SCHW) through a registered offering and share repurchase by Schwab. TD will continue to have a business relationship...
Trump’s tariff intimidation continues to rattle markets :: InvestMacro
At Friday’s close, the Dow Jones Index (US30) decreased by 0.99% (for the week +0.08%). The S&P 500 Index (US500) lost 0.95% (for the week +0.94%). The Nasdaq Technology Index (US100) fell by 1.30% (for the week +1.93%). Stocks in the US declined during the...
Exclusive: CFDs broker VPFX adds UAE SCA Category Five license
FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker VPFX has received a Category Five license from UAE financial regulator Securities and Commodities Authority (SCA), for its subsidiary VPFX Financial Services LLC. The Category Five license will...
Deutsche Digital Assets expands European operations with new Paris office
Frankfurt based Deutsche Digital Assets (DDA), which offers digital asset investment solutions, has announced the expansion of its European operations with the opening of a new office in Paris, France. The new office will be led by Romain Bensoussan, DDA’s Head of...
LMAX hires OMERS exec Daniel Lavigne to head Buy-Side Sales Canada
London based LMAX Exchange, which operates multiple global institutional FX exchanges as part of the LMAX Group, has announced that the company has hired Daniel Lavigne as Head of Buy-Side Sales, Canada. The company said that Daniel’s appointment further bolsters the...
Japanese Yen Speculators push yen bets into new bullish position :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 4th and shows a quick view of how large market...
Saxo Australia acquired by DMA South Africa
It looks like Saxo Bank might end up being sold in pieces. More than six months after hiring investment bank Goldman Sachs to oversee a sale of the company, while also indicating that it was reviewing “strategic opportunities” for its overall APAC region...
Speculator Changes led by S&P500 & MSCI EAFE :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 4th and shows a quick view of how large traders...
Speculator Bets led by Soybean Meal, Wheat & Corn :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 4th and shows a quick view of how large...
Speculator Bets led lower by 5-Year Bonds & SOFR 3-Months :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 4th and shows a quick view of how large...
Speculator Bets led higher by Silver, Platinum & Gold :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday February 4th and shows a quick view of how large traders...
Cotton, Sugar & 5-Year lead Bearish Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on February 4th.This weekly Extreme Positions report highlights the Most Bullish and Most...
FX week in review: OANDA sold, Robinhood sports betting, INFINOX CEO and TradingView GM leave
It was a wild, wild week in the online trading industry, beginning with the Trump Tariffs affecting the capital and FX markets and continuing with the sale of one of the oldest names in Retail FX, as well as the departure of a number of C-Suite level executives from...
How AI can help in the creative design process :: InvestMacro
By Tilanka Chandrasekera, Oklahoma State University Generative artificial intelligence tools can help design students by making hard tasks easier, cutting down on stress, and allowing the students more time to explore innovative ideas, according to new research I...
USD faces triple risk – Tariffs, Powell & CPI :: InvestMacro
*Note: This report was written before the US NFP data was published*China retaliatory tariffs take effect 10th FebPowell’s testimony + US CPI = more USD volatility?US CPI sparked moves of ↑ 0.9% & ↓ 0.6% over past yearTechnical levels: 109.10, 108.20 &...
The Reserve Bank of India cut rates for the first time in 5 years. The Bank of Mexico continued monetary policy easing :: InvestMacro
At the end of Thursday, the Dow Jones Index (US30) was down 0.28%. The S&P 500 Index (US500) was up 0.36%. The Nasdaq Technology Index (US100) added 0.51%. Initial jobless claims came in slightly above projections but remained in line with recent months, while...
AI datasets have human values blind spots − new research :: InvestMacro
By Ike Obi, Purdue University My colleagues and I at Purdue University have uncovered a significant imbalance in the human values embedded in AI systems. The systems were predominantly oriented toward information and utility values and less toward prosocial,...
ASIC issues guidance on new Australia BNPL rules to take effect in June 2025
Australia financial regulator ASIC has announced a consultation on new regulatory guidance for the buy now pay later (BNPL) industry. From June 2025, BNPL products will be subject to new laws. The new laws are designed to maintain the benefits of buy now pay later...
FCA doubles actions against misleading financial ads in 2024
UK financial regulator The FCA has announced that nearly 20,000 financial promotions were withdrawn or amended in 2024 following intervention from the FCA – nearly double the amount in 2023. The regulator said it has highlighted concerns with cryptoasset, debt...
FXBO integrates with Brokeree to offer integrated CRM to retail brokers
Broker CRM solutions provider FXBO (formerly known as FX Back Office) has announced its integration with Brokeree’s Social Trading for cTrader. With this turnkey solution, brokers can launch copy trading services in a few hours, after which all cTrader brokers can...
Vietnam’s inflation rate rose to a 6-month high. The Mexican peso continues to weaken against the US dollar :: InvestMacro
At the end of Wednesday, the Dow Jones Index (US30) rose by 0.71%. The S&P 500 Index (US500) was up 0.39%. The Nasdaq Technology Index (US100) was up 0.42%. The US stock indices rebounded from early losses on Wednesday, helped by a sharp decline in long-dated...
Banco de Crédito del Perú adopts smartTrade LiquidityFX FX platform
Electronic trading and payments platform provider smartTrade Technologies has announced today that Lima based Banco de Crédito del Perú (BCP), the largest financial institution in Peru, has adopted smartTrade as its end-to-end foreign exchange (FX) platform....
FlexTrade integrates its FlexFX order blotter with LoopFX FX dark pool
Multi-asset execution and order management systems company FlexTrade Systems and LoopFX, a liquidity venue specializing in matching large FX trades, have announced that mutual clients can leverage a new seamless integration between FlexTrade’s FlexFX order blotter and...
OANDA adds stock CFDs trading in the UK
Retail FX and CFDs broker OANDA has announced that the company has added share CFDs on US and European listed stocks to its contracts-for-difference range in the UK, via its FCA regulated entity OANDA Europe Limited. OANDA was recently acquired by Czech prop trading...
Vantage becomes an Official Partner of the Scuderia Ferrari HP F1 team
Vantage Markets, a leading global multi-asset trading platform, has announced its partnership with Ferrari, one of the most iconic teams in motorsport. This collaboration, which commenced on January 13, 2025, will see Vantage become an Official Partner of the Scuderia...
KCM Trade adds AI Mentor to support traders
Retail FX and CFDs broker KCM Trade has announced the soft-launch of its latest innovation: KCM Trade AI Mentor. Calling it the first proprietary AI-powered trading tool developed by a CFD broker, KCM Trade said that AI Mentor marks a significant milestone in its...
NAGA Group sees improved results in first report post CAPEX.com merger
Social trading focused online broker The NAGA Group AG (ETR:N4G), provider of the all-in-one financial SuperApp NAGA, has announced that the company closed the past financial year 2024 broadly in line with its own expectations according to preliminary figures....
A weak JOLTS report reinforced the likelihood of multiple Fed rate cuts this year :: InvestMacro
At Tuesday’s close, the Dow Jones Index (US30) was up 0.30%. The S&P 500 Index (US500) added 0.72%. The Nasdaq Technology Index (US100) was up 1.26%. Despite China imposing new tariffs on US coal, liquefied natural gas, crude oil and farm equipment in response to...
Bitcoin hammered by US-China trade tensions :: InvestMacro
Bitcoin ↓ 4.2% month-to-dateTrade fears trigger $235 million outflows from Bitcoin ETFsOver past year NFP triggered moves of ↑ 3.2% & ↓ 2.3%Trapped in W1 range: support $91,500, resistance $107,500Key level of interest: $100,000It’s been a rollercoaster week for...
Hayel Abu-Hamdan joins HFM (HF Markets) as Chief Commercial Officer
Retail FX and CFDs broker HFM (also known as HF Markets, and formerly known as HotForex) has announced that the company has hired Dubai based industry veteran Hayel Abu-Hamdan, as HFM’s new Chief Commercial Officer (CCO). This move is set to drive the company’s...
Acuity to integrate AnalysisIQ trading signals into Aquariux Fintech’s AQX Trader platform
Sentiment analysis based trading tools provider Acuity Trading has announced that the company has partnered with Singapore based Aquariux Fintech, developer of the AQX Trader platform. The collaboration integrates Acuity’s AnalysisIQ into the AQX Trader platform,...
CFI sees record $1.1 trillion in client trading volumes in Q4 2024
Leading online trading provider CFI Financial Group has announced that the company concluded 2024 with record-breaking achievements, reinforcing its status as one of the fastest-growing online trading providers worldwide. With an all-time high in trading volumes,...
CFTC nixes Robinhood’s Super Bowl sports event contracts
US neobroker Robinhood (NASDAQ:HOOD) has announced that derivatives markets regulator The Commodity Futures Trading Commission (CFTC) has formally requested that its Robinhood Derivatives, LLC unit “not permit customers to access” sports event contracts. We had...
Exclusive: PU Prime hires MultiBank’s Corrado Grieco as Partnerships Manager
FNG Exclusive… FNG has learned that offshore CFDs broker PU Prime has hired Corrado Grieco as the company’s new Senior Business Development Manager – Partnerships Manager. Corrado Grieco, who is based in Dubai, joins PU Prime after spending the past two years at...
Exclusive: Trive hires Umut Ozturk as CIO
FNG Exclusive… FNG has learned that Retail FX and CFDs broker Trive (formerly GKFX) has hired Istanbul, Turkey based executive Umut Ozturk as the company’s new Chief Information Officer (CIO). Umut Ozturk was previously Senior Manager Risk Management at MultiBank...
5 Large Cap Stocks are latest to be added to Watchlist in Q1 2025 :: InvestMacro
By InvestMacro ResearchThe first quarter of 2025 is underway and we wanted to highlight some of the top companies that have been added to our Cosmic Rays Watchlist in the past week. The Cosmic Rays Watchlist is the output from our proprietary fundamental analysis...
ACY Securities expands operations in Jordan via Al Bilad Securities partnership
Australia based Retail FX and CFDs broker ACY Securities has announced a new exclusive partnership with Al Bilad Securities & Investment Company, a financial services company in Jordan regulated by the Jordan Securities Commission (JSC). While the JSC approved the...
Trump suspended planned tariffs on Mexico and Canada after talks with their leaders :: InvestMacro
On Monday’s close, the Dow Jones Index (US30) was down 0.28%. The S&P 500 Index (US500) decreased by 0.76%. The Nasdaq Technology Index (US100) fell by 0.84%. Global stock markets came under pressure on Monday after President Trump on Saturday announced 25%...
TradingView GM Pierce Crosby steps down to launch M7
TradingView General Manager Pierce Crosby has announced that he has left the popular financial charting and data company he has called home for the past six years, to launch a new venture called Merchant Seven (M7). M7 is a strategy consulting firm, dedicated to...
AI gives nonprogrammers a boost in writing computer code :: InvestMacro
By Leo Porter, University of California, San Diego and Daniel Zingaro, University of Toronto What do you think there are more of: professional computer programmers or computer users who do a little programming?It’s the second group. There are millions of so-called...
Devexperts releases Futures trading platform for US brokers
Capital markets industry software provider Devexperts has announced that the company has launched a turnkey futures trading platform. Available immediately, the platform will enable brokers looking to expand into both futures and options on futures trading to allow...
Australian Dollar Recovers, But Risks Remain High :: InvestMacro
By RoboForex Analytical Department The AUD/USD pair rebounded to 0.6199 on Tuesday, recovering some losses. Earlier in the week, the Australian dollar tested multi-year lows as investors distanced themselves from riskier assets amid concerns over US tariffs on Canada,...
Institutional FX begins 2025 strong with trading volumes +16%
Institutional FX trading venues began 2025 on a very strong note, with trading volumes rising nicely across the board. Driven by heightened FX volatility ahead of Donald J. Trump’s inauguration mid-month, and as the new Trump administration began its work at the end...
Paul Jackson joins Finalto as Joint Head of Sales
Leading institutional trading services and liquidity solutions firm Finalto has announced the appointment of Paul Jackson as Joint Head of Sales for EU, UK and LATAM at Finalto. Paul Jackson has deep sales leadership experience in financial markets. He joins Finalto...
B2Prime gets South Africa FSCA license
Multi-asset liquidity provider B2PRIME has announced that the group has strengthened its regulatory presence by securing a Financial Services Provider (FSP) licence (No. 54191) from the South African Financial Sector Conduct Authority (FSCA) through its subsidiary,...
Coinbase to expand UK crypto operation with FCA (VASP) registration
US based crypto exchange Coinbase (NASDAQ:COIN) has announced that the company has obtained its VASP registration in the UK. Issued by the FCA, this will allow Coinbase to offer both crypto and fiat in the UK, the largest of Coinbase’s international markets, as the...
United Fintech acquires banktech provider CBA
Broker and bank technology provider United Fintech, which specializes in digital transformation of financial institutions, has announced the acquisition of Oslo, Norway based Commercial Banking Applications (CBA), a leading banking technology provider specializing in...
Exclusive: Exinity Connect exec Tatiana Kononovich departs
FNG Exclusive… FNG has learned that Tatiana Kononovich has left her position as Senior Vice President at Retail FX and CFDs brokerage group Exinity, where she was a senior executive in charge of the company’s Exinity Connect B2B brand. Exinity Connect is a customised...
STICPAY integrates with trading platform MT5 for seamless payments
E-wallet service provider and payment gateway STICPAY has announced a new strategic partnership with MetaQuotes’ MetaTrader 5 (MT5) multi-asset trading platform. While traders can register directly with the platform for a free demo account, they can only begin trading...
Access Bank Nigeria taps Integral FX pricing and distribution solutions
Broker tech provider Integral has today announced that Access Bank Nigeria has adopted its technology to help deliver on its regional expansion ambitions and elevate the bank’s FX pricing and distribution capabilities. Access Bank Nigeria has implemented Integral’s...
Exclusive: XM hires Exness exec Shlomi Dubish as Creative Director
FNG Exclusive… FNG has learned that Retail FX and CFDs broker XM.com has hired experienced industry executive Shlomi Dubish, as XM’s new Creative Director. Shlomi Dubish, who is based in Cyprus, joins XM after spending the past four years as a senior marketing...
Robinhood expands into sports betting with Superbowl “event contract”
US neobroker Robinhood (NASDAQ:HOOD) has taken the next step toward what looks like an expansion into sports betting, launching “event contracts” for the upcoming Superbowl pro football championship. Robinhood’s Superbowl event contracts will allow eligible customers...
OANDA acquired by Czech prop firm FTMO
Private equity firm CVC Capital Partners, via its CVC Asia Fund IV, has announced that it has entered into an agreement for the sale of Retail FX and CFDs broker OANDA Global Corporation to prop trading firm FTMO Group. The terms of the transaction, which is subject...
Canadian dollar under pressure as US tariffs drive USD/CAD to a 22-year high :: InvestMacro
By RoboForex Analytical Department The USD/CAD pair surged above 1.4760 on Monday, reaching its highest level since April 2003. This sharp rise came in response to the US government’s decision to impose 25% tariffs on Canadian imports, significantly impacting the...
LCG rebrands as company continues to seek a buyer
UK online brokerage brand London Capital Group Ltd, better known in the industry and among traders as LCG, has announced that the company has undergone a rebranding, with a new look, logo, and website (still at lcg.com) that launched today. LCG CEO Dave Worsfold...
Trump’s tariff policy could lead to trade wars between key economies :: InvestMacro
As of Friday, the Dow Jones (US30) was down 0.75% (for the week +0.90%). The S&P500 Index (US500) decreased by 0.50% (for the week +1.20%). The Nasdaq Technology Index (US100) is down 0.14% (for the week +2.28%). Stocks gave up an early rally on Friday and...
Jay Mawji steps down as CEO of INFINOX
Retail FX and CFDs broker INFINOX has put out a statement (see full text below), indicating that CEO Jay Mawji is stepping down and transitioning into a Board Advisory role. Jay Mawji has been with INFINOX in various senior roles for 15 years, and was named Group CEO...
How are markets reacting? Here are 3 lessons for traders :: InvestMacro
By ForexTime Starting Feb 4th: 25% tariffs on Canada and Mexico; 10% on China Dollar index (USDInd) returns towards 2-year high around 110.0Canadian Dollar (CAD) tumbles to weakest against USD since 2003NZD, AUD – China proxies – lead G10 declines against US...
Exclusive: Thomas Kareklas joins broker CRM provider TeamForce as CSO
FNG Exclusive… FNG has learned that TeamForce, which provides customer relations management (CRM) solutions for FX and CFDs brokers as well as for iGaming companies, has hired experienced FX industry executive Thomas Kareklas, as the company’s new Chief Sales Officer...
Exclusive: CFDs broker StarTrader adds UAE SCA Category Five license
FNG Exclusive… FNG has learned that Retail FX and CFDs broker StarTrader has received a Category Five license from UAE financial regulator Securities and Commodities Authority (SCA), for its subsidiary STARTRADER GLOBAL Financial Consultation & Financial Analysis....
INFINOX reports 400% rise in Revenues for 2024
Leading FX and CFDs broker INFINOX has released a statement, that the company saw a 400% increase in Revenue in 2024. INFINOX said that its growth was driven by a 52% increase in Gross Deposits, and a 48% increase in volume traded, marking significant progress in...
Crypto prime broker LTP hires Eric Wang as Head of Australia
FNG has learned that Hong Kong based LTP, which acts as a prime broker for digital assets, has hired experienced FX and CFDs industry executive Eric Wang, as its new Head of Australia. Eric Wang spent the past two years as COO of CFDs liquidity provider CBCX in...
Investec launches new eTrading platform ZebrA-X
Investec plc, the UK arm of South Africa based financial services company Investec, has announced the launch of its new electronic trading platform, ZebrA-X. The company said that this innovative platform is designed to create a distinct and high value offering in the...
RoboMarkets hires Match-Trade alum Mateusz Żelek as MD Poland
FNG has learned that Cyprus based Retail FX and CFDs broker RoboMarkets has hired Mateusz Żelek as Managing Director of RoboMarkets Polska sp. z o.o., and head of its office in Warsaw. Mateusz Żelek joins RoboMarkets after spending the past six years at trading...
Exclusive: Swissquote hires Caroline Schwab as Brand Manager
FNG Exclusive… FNG has learned that leading Swiss online bank and brokerage Swissquote (SWX:SQN) has taken further steps toward enhancing its brand, hiring Caroline Schwab as the company’s new Brand Manager. Caroline Schwab joins Swissquote from outside “the...
Former FXCM / MultiBank CMO Ross Soodoosingh to advise Swiset
FNG has learned that experienced FX industry marketing executive Ross Soodoosingh has joined Zurich based trading tools provider Swiset, as a Strategic Advisor to the company. Ross Soodoosingh was SVP Marketing at FXCM from 2013-2019. He has also served as Chief...
IG Group commences £50M third tranche of Share Buyback program
UK online trading leader IG Group (LON:IGG) has announced that following the announcement of a new share buyback programme of up to £150 million on 25 July 2024, and the announcement of the £50 million extension of the Programme on 23 January 2025, it is pleased to...
US Dollar Speculator bets continue to shine vs major currencies :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 28th and shows a quick view of how large market...
Exclusive: TMGM senior sales exec Eoh You Loong moves to Markets4you
FNG Exclusive… FNG has learned that offshore CFDs broker Markets4you has hired Singapore based executive Eoh You Loong, as the company’s new Regional Director of Strategic Markets – APAC. At Markets4you he will be responsible for managing more than 50 team members,...
FX week in review: Finalto CEO leaves, DeepSeek AI frenzy, Atlético Madrid CFDs sponsor, XTB results
Before we get to this week’s FX and CFDs industry top news stories, and with the first month of 2025 now in the books, we’re pleased to report that FNG had yet another record month of visitors and pageviews (and social media engagement, and email subscribers…) in...
Speculator Bets led by S&P500 & Nasdaq :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 28th and shows a quick view of how large traders...
Speculator Bets led by Corn & Soybeans :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 28th and shows a quick view of how large...
Weekly Speculator Bets led by Palladium :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 28th and shows a quick view of how large traders...
Coffee, Sugar top weekly Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on January 28th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Speculator Bets led by SOFR 1-Month & Ultra 10-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 28th and shows a quick view of how large...
Tradeweb’s TW SEF secures SEC approval for SBSEF registration
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, has announced that the U.S. Securities and Exchange Commission (SEC) has approved the registration of its swap execution facility, TW SEF...
How cTrader Empowers Traders to Avoid Scam Prop Firms
The prop trading industry has experienced considerable growth in recent years, offering traders the opportunity to trade large capital allocations in exchange for a share of the profits. However, this boom has been accompanied by a concerning rise in unethical...
EU50 hits 24-year high ahead of Trump’s tariff showdown :: InvestMacro
Trump set to slap tariffs on Mexico, Canada and ChinaFXTM’s EU50 ↑ 8% YTD, less than 4% away from recordsTrade war remains major risk to European equitiesPolymarket: 60% chance of tariff on Canada/Mexico by MarchBeyond Trump, EU data could impact EU50 via ECB cut...
CySEC warns against 11 unauthorized investment firms
The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against 11 entities that offer investment services without the necessary authorization. The regulator cautions the public that the following websites belong to entities which do not have an...
Trump confirmed plans to impose 25% tariffs on Canada and Mexico :: InvestMacro
At the end of Thursday, the Dow Jones Index (US30) was up 0.38%. The S&P 500 Index (US500) added 0.53%. The Nasdaq Technology Index (US100) rose by 0.25%. The US stocks closed higher after a choppy Thursday amid mixed earnings results, while Fed policy bets...
Cypriot regulator withdraws Crowdbase license
The Cyprus Securities and Exchange Commission (CySEC) announces that, at its meeting held on January 27, 2025, it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of Crowdbase Ltd. The withdrawal is made pursuant to section 8(1)(a) of the...
Gold Hits Record High as Demand for Safe-Haven Assets Surges :: InvestMacro
By RoboForex Analytical Department Gold soared towards 2,800 USD per ounce on Friday, setting a new all-time high. The surge comes as investors seek refuge in safe-haven assets amid renewed trade war threats from US President Donald Trump. His latest statements have...
Broadridge registers 13% Y/Y increase in revenues in Q2 FY25
Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the second quarter of its fiscal year 2025, that is, for the three months ended December 31, 2024. Total revenues in the three months to end-December 2024 increased 13% to $1,589...
Hargreaves Lansdown’s non-exec chair Alison Platt to become Takeover Panel member
Hargreaves Lansdown plc (LON:HL) today confirmed that Alison Platt, Non-Executive Chair of HL, has been appointed to the Takeover Panel to be a member of the Panel designated to sit on the Hearings Committee with effect from May 1, 2025. Alison Platt Ms Platt has...
FCA secures £5.96M confiscation order against convicted fraudster
The UK Financial Conduct Authority (FCA) has secured a confiscation order of £5,963,376.15, against convicted fraudster Guy Flintham. Mr Flintham is serving a six-year prison sentence having pleaded guilty to fraud by false representation. The fraudulent investment...
eToro adds Dark Mode to platform
In response to user demand, online broker eToro has enabled its clients to switch to Dark Mode on its platform. Whether you’re night-trading or just love the sleek design, Dark Mode has you covered. Switch it on now in your settings and enjoy a whole new way to trade...
Tokyo Metropolitan Government becomes newest partner of TSE Asia Startup Hub
The Tokyo Metropolitan Government has joined as the newest TSE Asia Startup Hub partner. This brings the total number of participants to 53 partners and 4 observers. Tokyo Stock Exchange, Inc. (TSE) announced the launch of TSE Asia Startup Hub on March 25, 2024, and...
FCA confirms Contis Financial Services Limited entry into administration
Contis Financial Services Limited (CFSL), also known as Solaris EMI, entered special administration on January 30, 2025, the UK Financial Conduct Authority (FCA) has confirmed. Joshua James Dwyer and Robert Spence of Interpath Limited have been appointed as Joint...
Italy’s CONSOB orders blocking of access to Fusionlots, Tuxai, and Chiron Group websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the black-out of several new websites that offer financial services illegally. The websites targeted by the orders are: “Fusionlots” (website https://fusionlots.io and related page...
AstroPay secures Payment Institution license in Brazil
AstroPay, a provider of digital financial solutions, has acquired a Payment Institution (PI) license issued by the Central Bank of Brazil. AstroPay is poised to bring faster, simpler, and more innovative financial services for Brazil’s local and international users...
XTB sees slowdown in Revenues (-1%) and Profits (-6%) in Q4 2024
Following a strong Q3, Poland based Retail FX and CFDs broker XTB (WSE:XTB) has reported its preliminary results for Q4 and the full 2024 year, indicating a slower Q4 on both the top and bottom line (also when compared to Q4 2023), although overall the company had a...
Big tech mixed, Fed holds, ECB next :: InvestMacro
Magnificent 3 post mixed earnings; DeepSeek elephant in roomFed in no rush to act, rate cut not expected until June. ECB seen slashing rates by 25bp in JanuaryBig tech earnings season has kicked off with mixed results from Microsoft, Meta and Tesla.1) Microsoft shares...
TradingView adds futures data from Montreal Exchange
TradingView has added futures data from the Montreal Exchange (MX). The oldest exchange in Canada, MX traces its roots back to 1832. Now a wholly owned subsidiary of TMX Group, MX operates as a fully electronic exchange and is a cornerstone of the Canadian derivatives...
The Bank of Canada and the Riksbank cut rates expectantly. The US Fed took a pause on interest rate cuts. :: InvestMacro
At the end of Wednesday, the Dow Jones Index (US30) decreased by 0.31%. The S&P 500 Index (US500) was down 0.47%. The Nasdaq Technology Index (US100) fell by 0.51%.The US Federal Reserve kept the federal funds rate at 4.25%-4.5% at its January 2025 meeting, in...
CME Group to launch suite of micro grain and oilseed futures contracts
International derivatives marketplace CME Group today announced it will launch a suite of micro grain and oilseed futures contracts on February 24, 2025, pending regulatory review. These contracts will be cash-settled and one-tenth the size of the company’s Corn,...
EUR/USD Stable as the Market Absorbs Fed Decision and Awaits ECB Meeting :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair is consolidating around 1.0426 on Thursday as investors digest the Federal Reserve’s latest policy decision and shift their focus to the upcoming European Central Bank (ECB) meeting.Key market influencesAs widely...
ASX appoints Dirk McLiesh as Chief Risk Officer
ASX today announced the appointment of Dirk McLiesh as its Chief Risk Officer, effective March 3, 2025. Mr McLiesh is an accomplished listed-company executive with more than 25 years’ experience in risk management leadership positions within the financial services...
FINRA suspends former Barclays general securities rep for engaging in spoofing
Jin Yi Lim, a former Barclays general securities representative, has agreed to a fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From February 2022 through June 2022, Lim, while associated with Barclays, engaged in 32 instances...
FCA cancels OG Pay’s registration as Small Payments Institution
The UK Financial Conduct Authority (FCA) today published a final notice regarding OG Pay Ltd. The Authority cancels OG Pay’s registration as a Small Payments Institution (SPI) under the Payment Services Regulations 2017 (“the PSRs”). The FCA has concluded that the...
DOO Clearing taps Aurum Solutions to automate reconciliations for CASS regulations
DOO Clearing, the UK-based foreign exchange broker and liquidity provider as part of the global DOO Group, has announced that it has chosen next-generation reconciliation software specialists, Aurum Solutions, to automate its reconciliations. The integration of...
JPX, TSE announce director compensation cuts after law violation by former employee
Top management of JPX and TSE will accept compensation cuts after regulatory action related to law violation by former employee. On December 23, 2024, Japan Exchange Group, Inc. (JPX) and its subsidiary Tokyo Stock Exchange, Inc. (TSE) received a reporting order from...
Nadex self-certifies TRUMP Cryptocurrency Event Contracts
North American Derivatives Exchange, Inc. (Nadex) has self-certified the terms and conditions for its new TRUMP Cryptocurrency Event Contracts. The Exchange intends to list the TRUMP Crypto Event Contract for trading on or after January 31, 2025. The TRUMP Crypto...
Euroclear enters into seven-year partnership with Microsoft
Euroclear announced today a seven-year strategic partnership with Microsoft to transform Euroclear clients’ experience and drive new opportunities for growth. The partnership further strengthens Euroclear’s business ecosystem and technology infrastructure by...
German online broker Trade Republic expands to Italy
Just three weeks after launching in France, Berlin based online broker and retail wealth management company Trade Republic has announced the launch of its free current account with a local IBAN in Italy, along with automated tax submissions to local authorities. Trade...
Why building big AIs costs billions – and how Chinese startup DeepSeek dramatically changed the calculus :: InvestMacro
By Ambuj Tewari, University of Michigan State-of-the-art artificial intelligence systems like OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude have captured the public imagination by producing fluent text in multiple languages in response to user prompts....
NinjaTrader appoints Jennifer Marszalek as Chief People Officer
NinjaTrader, a fintech platform for retail futures trading, today announced that Jennifer Marszalek has joined the company as Chief People Officer. The addition comes as the company continues to build its roster of talented executives to meet its rapid growth and...
Miami International Holdings to list Bloomberg 500 Index futures and options on MIAX Exchanges
Miami International Holdings, Inc. (MIH) today announced plans to list Bloomberg 500 Index futures and options on its MIAX exchanges in the second half of 2025, subject to various regulatory filings and approvals. MIAX Bloomberg 500 Index Futures will be listed on...
CME Group to introduce options on Bitcoin Friday futures
International derivatives marketplace CME Group today announced it will introduce options on Bitcoin Friday futures on February 24, pending regulatory review. These new contracts will be the first CME Group cryptocurrency options to be financially-settled, with...
Finalto CEO Matthew Maloney steps down
Leading institutional trading services and liquidity solutions firm Finalto has announced the departure of CEO Matthew Maloney from his management role. After ten years with the company, Matthew has chosen to move on to a new phase in his career, concluding a long...
SVG regulator warns of fake license shown by Turkish CFDs broker Dogu Yatirim
The financial regulator in offshore haven St Vincent and the Grenadines, the Financial Services Authority, has advised that an entity called Dogu Yatirim Ltd UK is not registered or regulated in St Vincent and the Grenadines. Documents provided by this company which...
CME Group introduces equity index, FX, crypto and energy contracts to Robinhood customers
International derivatives marketplace CME Group and Robinhood Derivatives, LLC today announced that some of CME Group’s most popular futures products have started rolling out on the Robinhood mobile app. Over the coming weeks, all eligible Robinhood customers in the...
Australian dollar falls amid soft inflation data. Natural gas prices fell to a 3-week low :: InvestMacro
The Dow Jones Index (US30) was up 0.31% on Tuesday. The S&P 500 Index (US500) added 0.92%. The Nasdaq Technology Index (US100) jumped 1.59%. The US stocks rose by 1.5%, led by the Nasdaq Index, as technology stocks recovered from Monday’s selloff. Nvidia rose by...
Nasdaq registers 10% Y/Y increase in revenues in Q4 FY24
Nasdaq, Inc. (NASDAQ:NDAQ) today reported financial results for the fourth quarter and full year of 2024. Net revenues were $4.6 billion, or $4.7 billion on a non-GAAP basis, for the full year 2024, an increase of 19% over 2023, or up 9% on an adjusted basis. This...
Virtu reports 55.7% Y/Y increase in Q4 FY24 revenues
Virtu Financial, Inc. (NASDAQ:VIRT) today reported results for the fourth quarter ended December 31, 2024. In the final quarter of 2024, total revenues increased 55.7% to $834.3 million, compared to $536.0 million for the same period in 2023. Trading income, net,...
FCA fines Infinox £99,200 for transaction reporting failures under MiFIR
Infinox Capital Limited has been fined £99,200 by the UK Financial Conduct Authority (FCA) for failing to submit 46,053 transaction reports which risked market abuse going undetected. Between 1 October 2022 and 31 March 2023, Infinox failed to submit transaction...
Belgium’s FSMA warns against Derwent Investments
The Financial Services and Markets Authority (FSMA) of Belgium today issued a warning to the public against the activities of Derwent Investments. Derwent Investments is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment...
CySEC launches initiative to strengthen Cyprus Stock Exchange
The Cyprus Securities and Exchange Commission (CySEC) has launched an initiative to strengthen the Cyprus Stock Exchange (CSE) with the aim of restoring its role as a driver of economic development in Cyprus. Last Wednesday, a roundtable discussion was held at CySEC’s...
Rostro Group hires Demetra Charalambous (ex Binance, eToro), Sammy Christou (Exinity) to senior roles
FX and CFD brokerage investment firm Rostro Group has announced two further senior appointments to the business. Demetra Charalambous joins as Group Finance Director, whilst Sammy Christou has taken up the newly formed position of Managing Director, Systematic Market...
UAE led Capital.com with $469 billion of client trading volumes in 2024
According to data from leading online broker and trading platform Capital.com, the United Arab Emirates (UAE) and Germany emerged as key contributors to global trading activity in 2024. With 19.5 million trades—double that of Germany—traders in the UAE were the most...
PayPoint registers increase in revenues in Q3 FY25
PayPoint plc (LON:PAY) today provided a trading update for the three months ended 31 December 2024. Group net revenue increased by 1.9% to £53.0 million (Q3 FY24: £52.0 million), driven by a positive performance in the quarter by the E-commerce and Love2shop...
Javier Hernani and Jochen Dürr to leave SIX
Executive Board members Javier Hernani, Head Business Unit Securities Services, and Jochen Dürr, Chief Risk Officer, will leave SIX with effect from 1 February 2025. Javier Hernani was CEO of BME for many years until November 2024 and since the takeover of BME by SIX,...
TopFX hires HFM exec Chris Tsirpi to head Business Development
FNG has learned that Cyprus based retail and institutional FX and CFDs broker TopFX is continuing to remake its senior management ranks under new CEO Victor Zacharides, hiring Chris Tsirpi as Global Head of Business Development. Chris Tsirpi joins TopFX after spending...
Exclusive: Kama Capital gets UAE SCA Category One License
FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker Kama Capital has received a “full” Category One broker license, from the UAE financial regulator Securities and Commodities Authority (SCA). Kama Capital, founded in 2022, was operating until...
Exclusive: FXCubic hires Rui Jin to head APAC sales
FNG Exclusive… FNG has learned that London based FX broker liquidity technology provider FXCubic has hired Rui Jin, as Sales Director APAC. Rui Jin was previously Head of China for a number of Retail FX and CFDs brokers, including TradeNext, Tera FX, and London...
Pepperstone exec Laurent McClintock moves to ActivTrades to head BizDev UK
FNG has learned that longtime Pepperstone UK executive Laurent McClintock has moved to rival online broker ActivTrades, as ActivTrades’ new Head of Business Development & Partnerships (UK). Laurent McClintock was with Pepperstone in London since 2016, ending his...
Australian Dollar Declines as External Pressures and Rising Risks Weigh :: InvestMacro
By RoboForex Analytical Department The AUD/USD pair fell to 0.6257 on Tuesday, marking its second consecutive session of losses. The Australian dollar remains under pressure due to external factors, including a strengthening US dollar and growing global risks.Key...
Coinbase receives regulatory approval to launch in Argentina
Coinbase is expanding its global reach with the launch of its platform in Argentina. Coinbase has secured a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), allowing it to operate within the country’s legal...
DeepSeek sends NVDA into a knockdown. Falling oil prices have a negative impact on commodity currencies :: InvestMacro
At Monday’s close, the Dow Jones Index (US30) was up 0.65%. The S&P 500 Index (US500) decreased by 1.46%. The Nasdaq Technology Index (US100) fell by 2.97%. The fall in technology stocks on Monday impacted the overall market. Shares of chipmakers and artificial...
Exclusive: OKX hires Liam Birch as Head of Trading in Dubai
FNG Exclusive… Upping its game in the MENA region, FNG has learned that crypto exchange operator and Web3 tech company OKX has hired experienced digital assets industry executive Liam Birch, as Head of Trading in Dubai. OKX subsidiary OKX Middle East Fintech FZE...
DeepSeek set to wipe out over US$ 1 trillion from tech stock valuations :: InvestMacro
Nvidia flirts with bear market; nearly 20% drop from record highChina AI startup, DeepSeek, challenges US AI dominanceDeepSeek to dominate Apple, Microsoft, Tesla, Meta earnings this weekStocks selloff adds to market concerns, including Fed, Trump watchDeepSeek –...
Blueberry adds Devexperts’ DXtrade trading platform
Australia based Retail FX and CFDs broker Blueberry (formerly known as Blueberry Markets) has announced that it has made the DXtrade multi-asset trading platform available for FX and CFD traders, giving them access to global markets through margin trading, as well as...
eToro informs traders of upcoming Cardano hard fork
Online broker eToro has issued a notice to traders regarding the upcoming Cardano hard fork. The Cardano ($ADA) blockchain will undergo a scheduled network upgrade at the start of block 537, on Wednesday January 29, 2025. The upgrade will commence at 21:45 PM UTC. and...
LSEG introduces LSEG Research & Insights
LSEG today announced the launch of LSEG Research & Insights available through a new app on LSEG Workspace. This app provides a seamless, efficient way to access LSEG’s extensive range of research and insights for the first time in one centralised location. It will...
Upvest selects Clearstream for execution and distribution support services
Global post-trade services provider Clearstream has been selected by Upvest for comprehensive investment fund processing, execution, and distribution support services. By centralising these services with Clearstream, Upvest will achieve enhanced operational...
eToro partners with WisdomTree on Commodity ETFs
Social trading focused online broker eToro and WisdomTree (NYSE:WT), a global exchange-traded fund (ETF) and exchange-traded product (ETP) provider, have announced that they are collaborating to launch a portfolio providing eToro users with a diversified way to invest...
Tradu appoints Philip Manning as Chairman
Multi-asset trading platform provider Tradu has announced the appointment of Philip Manning as its new Chairman. Philip brings over 45 years of experience in consumer banking and financial services, including his distinguished tenure as Chairman of the Audit &...
21Shares launches 21Shares Solana Core Staking ETP on SIX Swiss Exchange
21Shares AG, an issuer of crypto exchange traded products (ETPs), today announced the launch of the 21Shares Solana Core Staking ETP (CSOL) on SIX Swiss Exchange. CSOL joins the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Ethereum Core Staking ETP (ETHC) and the...
SBI to acquire Solaris shares
SBI Holdings, Inc. today announced that SBI Ventures Two Co., Ltd., a consolidated subsidiary of the company, will acquire shares of Solaris SE, to make it a consolidated subsidiary. The Company group has invested in Solaris SE through the funds it manages and its...
CFDs broker Exante adds Poland office
Cyprus based Retail FX and CFDs broker Exante has announced that the company has opened a new office in Warsaw, after receiving the seal of approval from the Polish Financial Supervision Authority (KNF). The new Exante office is located at Emilii Plater 53, 00-113...
Doo Financial becomes Hong Kong Stock Exchange participant
Doo Financial HK Limited, a company under the Doo Financial brand of Doo Group, has announced that it has become a participant of the Hong Kong Stock Exchange (SEHK), effective on January 10, 2025. With the launch of the new services, Doo Financial HK said it will...
DeepSeek frenzy sends global equity markets (and crypto) into broad selloff
European equity markets traded down sharply Monday at the beginning of a new trading week, as the rapid success and popularity of a somewhat unknown, low cost China-based AI solution called DeepSeek was calling into question the (many) billions of dollars being poured...
Nuvei launches in Japan following acquisition of Paywiser
Canadian fintech company Nuvei Corporation today announced an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license...
The Mexican peso hit a one-month-high. Silver price under pressure from weak data from China and Trump’s tariff policy :: InvestMacro
The Dow Jones Index (US30) was down 0.32% on Friday (+2.57% for the week). The S&P 500 Index (US500) was down 0.29% (week-to-date +1.77%). The Nasdaq Technology Index (US100) fell by 0.58% (week-to-date +1.45%). The stock market traded quietly on Friday, helped by...
Hantec Markets boosts LatAm presence with Atlético de Madrid sponsorship
Leading online trading broker Hantec Markets and celebrated Spanish football club Atlético de Madrid have signed a multi-year sponsorship deal that will see Hantec Markets become the Club’s official online trading partner in LatAm. The sponsorship deal comes on the...
Canadian Dollar Strengthens, But Its Outlook Hinges on Oil Prices and Trade Tariffs :: InvestMacro
By RoboForex Analytical Department The USD/CAD pair settled around 1.4393 after experiencing a volatile start to January. On Monday, the market showed interest in buying the Canadian dollar, which had earlier strengthened to a monthly high against the USD. This...
TradeStation Securities launches options trading on TradingView
TradeStation Securities, Inc, a self-clearing online brokerage firm for trading stocks, options, futures, and futures options, announces it will launch options trading on TradingView, a charting and trading platform, and social network for traders and investors....
IG Group grants conditional awards to CFO Clifford Abrahams
Electronic trading major IG Group Holdings plc (LON:IGG) today announced that conditional awards have been granted to Clifford Abrahams, Chief Financial Officer and Executive Director of the company. Conditional awards were made to Clifford Abrahams over IG’s ordinary...
ICE to launch MSCI Equity Index Futures on ICE Futures Abu Dhabi
Intercontinental Exchange, Inc. (NYSE:ICE) today unveiled its plans to launch MSCI® Equity Index Futures contracts on ICE Futures Abu Dhabi on February 24, 2025, subject to regulatory review. This launches a new asset class for trading at ICE Futures Abu Dhabi and...
Leverate updates Broker Portal and Prop Solution with email templates, automated KYC
Leading trading technology provider Leverate has announced the latest updates to its FX & CFDs Broker and Prop Firm management solution, which includes advanced email tools, automated KYC, and VAT integration. Leverate said that its latest brokerage management...
SFC fines Hang Seng Bank $66.4M for misconduct in selling practices of investment products
The Securities and Futures Commission (SFC) of Hong Kong has reprimanded and fined Hang Seng Bank Limited (HSB) $66.4 million for serious regulatory failures in relation to the bank’s sale of collective investment schemes (CIS) and derivative products and overcharging...
Speculator Bets led by Nasdaq & DowJones Minis :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 21st and shows a quick view of how large traders...
Barclays appoints Yoichi Takemura as Head of Japan Macro Trading
Barclays today announced the appointment of Yoichi Takemura as Head of Macro Trading, Japan. Mr Takemura will report functionally to Yun Zhang, Co-Head of FIC Trading, APAC and Global Head of MTN & Macro Structured Notes Trading, and locally to Kosuke Morihara,...
Speculator Bets led by Corn & Wheat :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 21st and shows a quick view of how large...
BMO to commence trading as LME Category 2 member
BMO will commence trading with effect from Monday 27 January 2025 as a Category 2 member of The London Metal Exchange (LME). LME Clear Members are also advised that the aforementioned has been approved for membership of LME Clear Limited as a General Clearing Member...
Speculator Bets led by 2-Year Bonds & SOFR 3-Months :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 21st and shows a quick view of how large...
Speculators raise New Zealand Dollar bets after drop to all-time low :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 21st and shows a quick view of how large market...
Coffee, Live Cattle & Gold lead weekly Bullish Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on January 21st.This weekly Extreme Positions report highlights the Most Bullish and Most...
Weekly Speculator Bets led higher by Gold & Copper :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 21st and shows a quick view of how large traders...
FX week in review: Sky Links Capital license, 9X Markets launch, exec moves at FXGlobe, TIOMarkets, XM, Markets.com
Where did Sky Links Capital, launched by former BDSwiss MENA CEO Daniel Takieddine, receive a new license? Who is behind the launch of new Dubai based CFDs brokerage brand 9X Markets? Which leading signals and research solutions provider to brokers is now integrated...
Japanese Yen Strengthens as Interest Rate Reaches Highest Level Since 2008 :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair declined to 155.13 on Friday, as the yen gained robust support following the Bank of Japan’s (BoJ) decision to raise its interest rate during the January meeting.BoJ’s interest rate hike and economic outlookThe BoJ...
Italy’s CONSOB orders blocking of five unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the black-out of five new websites that offer financial services illegally. The websites targeted by the latest set of orders are: “IsecTrade” (website https://isectrade.net and related page...
Oil continues to fall in price. The Australian dollar reached the maximum for 5 weeks :: InvestMacro
By the end of Thursday, the Dow Jones Index (US30) added more than 400 points and closed positive 0.92%. The S&P 500 Index (US500) gained 0.53% and hit a new record high, breaking the 6,100 mark. The Nasdaq Technology Index (US100) added 0.22%. Favorable corporate...
Avenue Securities to pay $300k fine for misleading social media promotions
Avenue Securities LLC has agreed to pay a fine of $300,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2020 through March 2023, Avenue Securities’ affiliate arranged with approximately 25 influencers, all of whom...
Big Tech back in the spotlight :: InvestMacro
4 of “Magnificent 7” tech companies set to publish earningsCombined market cap of 4 tech titans over $9.5 trillionMeta could move over 7% ↑ or ↓ post-earningsApple second largest company in the world reports results ThursdayBeyond earnings, central banks & Trump...
FCA warns wholesale firms over broker conduct
In a “Dear CEO” letter, the UK Financial Conduct Authority (FCA) has informed wholesale firms of strategic areas which will be the focus of its program of proactive work. Brokers are the main revenue earners for their firms and are also the main points of contact for...
FxPro expands crypto CFD offering by adding TRUMP Coin CFD
Retail FX and CFD broker FxPro today announced the latest addition to its crypto CFD offering – the TRUMP Coin. TRUMP Coin, built on the Solana blockchain, is a meme-based cryptocurrency designed for rapid and efficient transactions. Its value fluctuates based on...
Sigma Broking to pay £70,000 fine for alleged breaches of LME Clear rules
LME has published a notice of a settlement between General Clearing Member, Sigma Broking Limited and LME Clear Limited of certain alleged breaches of the LME Clear Rules and Procedures which includes a financial penalty of £70,000. LME Clear has conducted an...
ASIC secures $8M court order against Firstmac
The Australian Federal Court has ordered Firstmac Limited to pay $8 million in penalties for failing to meet its design and distribution obligations (DDO). In ASIC’s first civil penalty action against a distributor involving DDO breaches, the Court found Firstmac...
FINRA fines Berkshire Global Advisors for alleged rule violations
Berkshire Global Advisors LP has agreed to pay a fine of a $100,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From October 2019 through the present, Berkshire failed to establish, maintain, and enforce a supervisory system,...
ICE announces settlement of charges against Anthony Scigliano and Excelia Investments Limited
ICE Futures U.S. has announced the settlement of charges against Anthony Scigliano and Excelia Investments Limited. On January 22, 2025, a subcommittee of the Exchange’s Business Conduct Committee (“BCC”) determined that from July 2023 through May 2024 (the “Relevant...
EminiFX receiver announces initial distribution of $100M
There has been an important update from the receiver of EminiFX regarding an initial distribution of funds to those affected by the scam. David A. Castleman, the Court-appointed receiver over EminiFX, Inc.and certain assets of Defendant Eddy Alexandre, on January 23,...
Dukascopy adds 32 ETFs to list of trading instruments
Dukascopy has further expanded the list of tradable instruments with the addition of 32 ETFs. The new instruments are available for Jforex accounts, the maximum leverage is set to 1:10 at Dukascopy Bank and 1:5 at Dukascopy Europe. The new ETFs cover various areas of...
I’m an economist. Here’s why I’m worried the California insurance crisis could trigger broader financial instability :: InvestMacro
By Gary W. Yohe, Wesleyan University The devastating wildfires in Los Angeles have made one threat very clear: Climate change is undermining the insurance systems American homeowners rely on to protect themselves from catastrophes. This breakdown is starting to become...
Oil down 4 consecutive sessions since Trump’s inauguration. Natural gas prices rise again due to cold weather :: InvestMacro
The Dow Jones Index (US30) was up 0.30% at Wednesday’s close. The S&P 500 Index (US500) was up 0.61%. The Nasdaq Technology Index (US100) added 1.33%. US stocks closed solidly higher yesterday, helped by strong earnings and promising corporate developments while...
Markets.com adds Darius Anucauskas as Global Market Analyst
FNG has learned that leading Retail FX and CFDs broker Markets.com has hired Cyprus based research analyst Darius Anucauskas, as the company’s new Global Market Analyst. Darius Anucauskas joins Markets.com after serving in a similar role for easyMarkets as Head of...
Exclusive: Vikas Lakhwani launches offshore CFDs broker 9X Markets
FNG Exclusive… FNG has learned that experienced MENA industry executive Vikas Lakhwani has launched a new offshore CFDs brokerage brand, called 9X Markets (at website 9xmarkets.com). Vikas Lakhwani was Chief Revenue Officer at online broker CPT Markets (formerly known...
Acuity integrates with the cTrader trading platform
Trading signals and research provider Acuity Trading has announced the integration of its comprehensive suite of tools with the cTrader platform. The company said that this milestone partnership delivers cutting-edge data and analytics directly to brokers and traders,...
CMC Markets trading update “in line” with previous guidance
London based online trading provider CMC Markets plc (LON:CMCX) has issued a (very) brief trading update for its fiscal third quarter of FY2025 (or in calendar terms, October to December 2024), stating that the company remains on track to achieve annual net operating...
IG Group reports record Revenues, 7% Profit rise in H1 of FY2025
UK online trading brokerage leader IG Group (LON:IGG) has released its results for the six months ended 30 November 2024 (i.e., the company’s first half of fiscal 2025 which runs through to May 31, 2025), which included a nice rise in profits alongside record...
Rostro Group names Saul Knapp to head new Futures and Options unit
FX and CFD brokerage investment group Rostro Group has announced the appointment of Saul Knapp into the newly created post of Managing Director, Futures and Options. Based in London, Saul will also continue in his role as Rostro’s Chief Risk Officer. Rostro’s new...
Knowing less about AI makes people more open to having it in their lives – new research :: InvestMacro
By Chiara Longoni, Bocconi University; Gil Appel, George Washington University, and Stephanie Tully, University of Southern California The rapid spread of artificial intelligence has people wondering: who’s most likely to embrace AI in their daily lives? Many assume...
Cboe Options introduces new Cboe Timestamping Service
Effective trade date January 27, 2025, all Cboe-affiliated U.S. Options Exchanges are introducing the new Cboe Timestamping Service to provide market participants with additional quote, order and cancel related timestamp information, subject to regulatory review. This...
Toronto Stock Exchange operator TMX launches AlphaX for US Equities
TMX Group has announced the launch of AlphaX US, a new US Alternative Trading System (ATS) venue, that is designed to create a trading environment with a focus on enhanced execution quality. AlphaX US is the first venue expansion outside of Canada for TMX Group’s...
Gold Reaches 11-Month High as Global Demand for Safe Assets Surges :: InvestMacro
By RoboForex Analytical DepartmentGold prices surged to an 11-month high, reaching 2,750 USD per troy ounce, a level last seen in November of the previous year. The metal’s rally reflects heightened demand for safe-haven assets amid escalating global trade tensions...
Exclusive: Former Spotware exec Andrew Mreana joins Xoala as Head of Growth
FNG Exclusive… FNG has learned that experienced Cyprus-based FX and CFDs industry executive Andrew Mreana has joined multi-currency payment solutions provider Xoala, as the company’s new Head of Growth. Andrew Mreana was previously Head of Growth at cTrader platform...
The threat of tariffs by the US against Mexico, Canada, and China is adding uncertainty to financial markets :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) was up 1.24%. The S&P 500 Index (US500) added 0.88%. The Nasdaq Technology Index (US100) increased by 0.58%. Yesterday, on his first day in office, Trump took a number of steps to advance his agenda, but refrained...
Beeks’ Exchange Cloud now live with Nasdaq
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today confirmed that the major Exchange Cloud Customer announced on 6 February 2024 is the Nasdaq Stock Market. The service is now live, with customers...
CySEC announces ICF membership withdrawal of four investment firms
The Cyprus Securities and Exchange Commission (CySEC) today announced that the Investors Compensation Fund (ICF) has withdrawn the membership of four investment firms. The withdrawal is pursuant to paragraph 6 of CySEC’s Directive DI87-07 for the Operation of the...
BUX partners with State Street on bringing SPDR ETFs to EU investors
Amsterdam based neobroker BUX, a unit of ABN Amro, has announced a new collaboration with State Street Global Advisors (SSGA), the asset management business of Boston based financial services giant State Street Corp (NYSE:STT). Through this collaboration, BUX will...
XM.com hires ex StubHub tech head Nasos Topakas as CTO
FNG has learned that Cyprus based Retail FX and CFDs broker XM.com has hired a new Chief Technology Officer (CTO), in the person of Nasos Topakas. Nasos Topakas come from outside “the industry” but has been a leading technology executive in the US for more than two...
GCEX launches Open API for seamless back office access
Copenhagen, London and Dubai based digital assets prime brokerage GCEX Group has announced the launch of its Open API, designed to give institutional and professional clients seamless, real-time access to their balances, trades, and positions. The GCEX Open API...
Clearstream Banking enhances its US network link by partnering with Proxymity
Clearstream, Deutsche Börse Group’s post-trade services provider, has enhanced its US network link by partnering with Proxymity. Proxymity Vote Connect Total US (VCT US) enables institutional and retail investors owning US shares to vote at US general meetings. As of...
21X partners with AllUnity to introduce Euro stablecoins trading on its 21X platform
Frankfurt based digital exchange startup 21X – which recently received the first ever license to operate an EU-regulated venue for the trading and settlement of tokenized securities – has announced that it has entered into a strategic partnership with AllUnity, an...
Marqeta powers Trading 212’s launch into 20 countries in continental Europe
Marqeta (NASDAQ:MQ), a modern card issuing platform, today announced it is powering Trading 212’s launch into 20 countries in continental Europe. Marqeta powers the Trading 212 card, a debit card that helps Trading 212 deepen its relationship and increase engagement...
5 Stocks Ideas from December & January including 3 Tech Companies :: InvestMacro
By InvestMacro ResearchThe first quarter of 2025 is underway and we wanted to highlight some of the companies that have been recently added to our Cosmic Rays Watchlist. The Cosmic Rays Watchlist is the output from our proprietary fundamental analysis algorithm and...
IG Japan increases margin rates on FX pairs with MXN
IG Securities, the Japanese subsidiary of electronic trading major IG Group, has increased the margin requirements for currency pairs including the Mexican peso (MXN). The change affects MXN/JPY, USD/MXN, EUR/MXN, and GBP/MXN. The new margin rate is 7.5% and will...
Cboe Global Indices Feed becomes available on Snowflake Marketplace
Derivatives and securities exchange network Cboe Global Markets, Inc today announced the availability of the Cboe Global Indices Feed on Snowflake Marketplace. Joint customers can now find end-of-day summary data and tick data from seven Cboe Global Indices Feed...
Circle acquires Hashnote – FX News Group
Circle Internet Group, Inc announced today its acquisition of Hashnote – the issuer of USYC incubated by Cumberland Labs. Circle intends to fully integrate USYC with USDC, offering seamless access between TMMF collateral and USDC. This will enable USYC to emerge as a...
Hong Kong index rises for the 6th consecutive session. Oil declines amid Trump’s statements to increase production :: InvestMacro
The US stock indices were not traded yesterday due to the Martin Luther King Jr. holiday. However, the US stock futures continued to rise on Monday. The rise followed a WSJ report that the president plans to direct federal agencies to review trade policy and assess US...
TradingView enhances Paper Trading tool by implementing extended market hours
TradingView is introducing the latest improvement to the Paper Trading tool — trading during extended market hours, including pre-market and after-hours sessions. This update makes simulated trading more realistic, letting traders test strategies dynamically, and...
Japanese Yen Strengthens to a Monthly High as Markets Anticipate a Bank of Japan Rate Hike :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair fell to 155.08 on Tuesday, close to the monthly low. The Japanese yen gained strength as speculation grew regarding a potential interest rate hike by the Bank of Japan (BoJ), driven by hawkish commentary from BoJ...
ICE launches NYSE IPO Index
Intercontinental Exchange, Inc. (NYSE:ICE) today announced the launch of the NYSE IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group’s exchanges that have been spun off, directly listed, uplisted from OTC or...
Standard Chartered introduces SC PrismFX
Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients...
Deutsche Bank partners with Yonyou Network Technology
Deutsche Bank (China) Co., Ltd. and Yonyou Network Technology Co., Ltd. signed a strategic memorandum of understanding (MOU) today in Beijing. The partnership aims to establish a new global financial services model with Global Treasury Management (GTM) at its core,...
CFDs broker Sky Links Capital gets UAE SCA license
Recently launched Dubai based CFDs broker Sky Links Capital has announced a major milestone in the company’s journey with the successful acquisition of a Securities and Commodities Authority (SCA) license in the United Arab Emirates. The company said that this...
JPX Market Innovation & Research adds two new datasets to J-Quants Pro
JPX Market Innovation & Research, Inc. (JPXI) has added two new datasets to J-Quants Pro, an API/SFTP data distribution service offering corporate users insightful data on Japanese financial markets. Off-auction distribution involves executing a large volume of...
Thomas Chippas to step down from Argo Blockchain CEO role
Argo Blockchain plc (LON:ARB) announced today that Thomas Chippas is stepping down from his positions as Chief Executive Officer and Director effective 28 February 2025. Argo intends to engage an executive search firm to assist with the process of selecting a new...
Susi de Verdelon to assume role of CEO of LCH Limited
London Stock Exchange Group (LSEG) today announced that Susi de Verdelon has been appointed CEO of LCH Limited. Susi de Verdelon will assume the role in February 2025, subject to regulatory non-objection, and will report to Daniel Maguire, Group Head, LSEG Markets and...
Worldline partners with website builder platform Wix
Payment services provider Worldline today announced a partnership with Wix.com Ltd., a website builder platform. This collaboration will bring Worldline small and medium enterprises (SMEs) platform to create, manage and grow their online presence, and ultimately...
Alpha Group registers 23% Y/Y growth in revenues in FY 2024
Alpha Group International plc (LON:ALPH), a global provider of high-tech, high-touch financial solutions to corporates and institutions, today provided a trading update for FY 2024. Revenue from underlying activities increased 23% to approximately £135 million (FY...
TIOmarkets hires IC Markets / IronFX alum Andreas Skianis as Head of Partners
FNG has learned that Retail FX and CFDs broker TIOmarkets has hired Cyprus based executive Andreas Skianis, as the company’s new Global Head of Partners. Andreas Skianis had been out of “the industry” for a couple of years, but was most recently (2022-2023) Head of...
IG Japan to implement extended trading hours for 30 US stock CFDs
IG Securities, the Japanese subsidiary of electronic trading major IG Group, is expanding the list of investment instruments to which extended trading hours apply. Effective Monday, January 20, 2025, extended trading hours will apply to 30 US stock CFDs. These...
Speculator Changes led higher by S&P500-Mini :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 14th and shows a quick view of how large traders...
FINRA fines Wall Street Access for alleged rule violations
Wall Street Access has agreed to pay a fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Between October 2019 and April 2021, Wall Street Access (WABR) violated Rule 611(c) of Regulation National Market System (NMS) of the...
Live Cattle, Coffee, NZD & Euro lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on January 14th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Exclusive: Former OANDA analyst Craig Erlam joins Expana
FNG Exclusive… FNG has learned that longtime FX and CFDs industry research analyst Craig Erlam has joined Expana, as a Forecast Analyst. Craig Erlam was Senior Market Analyst at OANDA, and to many the “face” of the company to the trading and investing public via...
Speculators continue to raise US Dollar Index Bets into 2025 :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 14th and shows a quick view of how large market...
Weekly Speculator Wagers led by Soybeans & Soybean Oil :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 14th and shows a quick view of how large...
Speculator Changes led higher by Gold, Copper & Silver :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 14th and shows a quick view of how large traders...
Weekly Speculator Changes led by 10-Year & 5-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday January 14th and shows a quick view of how large...
Exclusive: FXGlobe hires IronFX exec Brett David to head Operations and Sales
FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker FXGlobe has hired experienced industry executive Brett David, as the company’s new Global Head of Revenue Operations and Sales. He will be based out of FXGlobe’s offices in Limassol. Brett...
FX week in review: Freetrade sold, eToro IPO filing, Equti Wealth and Deus X Markets launch, Neex CEO, XTB Chairman
Which online broker acquired UK neobroker Freetrade for nearly $200 million? At what valuation is eToro planning to go public? Where will it hold its IPO? Who is behind the launch of Broker-as-a-Service startup Deus X Markets? Who did Retail FX and CFDs broker Neex...
CFTC pushes for $338.7M fine to be imposed on Yukom, Yossi Herzog, Lee Elbaz
The Commodity Futures Trading Commission (CFTC) has filed a motion for default judgment against a number of entities and individuals involved in a large-scale binary options scheme. The document, seen by FX News Group, was submitted at the Illinois Northern District...
China’s GDP data beat expectations of 5%. Malaysia’s Q4 GDP growth slowed to 4.8% :: InvestMacro
The Dow Jones (US30) Index fell by 0.16% at the end of Thursday. The S&P500 Index (US500) was down 0.21%. The Nasdaq Technology Index (US100) decreased by 0.69%. Weakness in mega-cap technology stocks on Thursday impacted the broader market. Health insurance...
Soaring wealth inequality has remade the map of American prosperity :: InvestMacro
By Tom Kemeny, University of Toronto One need only glance at headlines about Jeff Bezos, Elon Musk and other super-wealthy individuals to understand that wealth in America is increasingly concentrated in fewer and fewer hands. Inequality is sharply on the rise.Until...
Gold Soaring; Copper Back in Gear :: InvestMacro
USD dollar index is up 0.20% to 109.130 this morning, with the 10-year yield down 2.84% to 4.652% and the 30-year yield down 2.13% to 4.879%.Gold (+0.47%), silver (+0.68%), and copper (+0.28%) are all higher, while oil (-0.90%) is down $0.71 to $78.00/bbl. Stock index...
Bitcoin to break records on Trump’s inauguration? :: InvestMacro
Bitcoin ↑ almost 10% YTD, adding to 120% gain in 2024Trump expected to sign pro-crypto executive orderUS data could influence Fed cut bets – impacting BitcoinPrices bullish on weekly channel but RSI overboughtTechnical levels: $103,000 & $91,500 Bitcoin is up...
Gold-to-CPI Ratio Hits New All-Time High :: InvestMacro
The Gold-to-CPI ratio, a key indicator of gold’s purchasing power relative to inflation, has recently reached a new all-time high.This milestone reflects gold’s enduring role as a hedge against inflation, but it also serves as a reminder of the complex forces driving...
Swissquote sees Revenues rise 7% to record CHF 338 million in 2H-2024
Switzerland based online trading and banking leader Swissquote (SWX:SQN) has issued a brief statement (see full text below) regarding its 2024 full year results, stating that the company saw “better than anticipated financial numbers” as it concluded the year....
Neex launches CFDs on US stocks
Retail FX and CFDs broker Neex has announced the launch of CFDs on US stocks, effective from December 23, 2024. The company said that this expansion underlines its commitment to providing traders with seamless access to global financial markets through innovation,...
Exclusive: IronFX hires Aris Christoforou as Group Brand Manager
FNG Exclusive… FNG has learned that experienced FX and CFDs industry executive Aris Christoforou has joined leading Retail FX and CFDs broker IronFX. Based in Cyprus, Aris will serve as Group Brand Manager at IronFX. Aris Christoforou joins IronFX following two years...
eToro files for an IPO in the US at $5 billion valuation
UK news source Financial Times is reporting that social trading focused online broker eToro has filed for an initial public offering (IPO) with US securities regulators. eToro IPO filing The confidential filing will allow eToro to clear any comments or issues the...
American Express to pay $108.7M to settle allegations of FIRREA violations
The American Express Company has agreed to pay a $108.7 million civil penalty to resolve allegations that it violated the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) by deceptively marketing credit card and wire transfer products and...
Oil hits 6-month high, US500 rebounds :: InvestMacro
Markets cheer cooling US inflation dataUS500 rallies almost 2% on WednesdayOil benchmarks ↑ 10% year-to-dateTrump Inauguration next major risk eventGlobal sentiment has brightened after cooling US inflation revived hopes for Fed rate cuts.On Wednesday, equities...
Monex’s Coincheck adds DOGE to crypto offering
Coincheck, Inc., a subsidiary of Monex Group, Inc., has added Dogecoin (DOGE) to the lineup of investment instruments. Dogecoin (DOGE) is a meme coin (a cryptocurrency developed based on internet jokes) created in 2013 as a satirical commentary on the cryptocurrency...
Stocks rose sharply amid an unexpected slowdown in US inflation. Oil reached the $80 per barrel :: InvestMacro
The Dow Jones (US30) rose 1.65% on Wednesday. The S&P 500 Index (US500) gained 1.83%. The Nasdaq Technology Index (US100) jumped 2.31%. The core inflation rate rose for the third consecutive month to 2.9% in line with expectations, but the core rate unexpectedly...
Nuvei partners with Outpayce from Amadeus
Canadian fintech company Nuvei Corporation has partnered with Outpayce from Amadeus, as its latest payments service provider to be integrated into Outpayce’s Xchange Payment Platform (XPP). This strategic partnership positions Nuvei as a global leader in advancing...
EUR/USD Stabilises as US Inflation Cools Without Major Surprises :: InvestMacro
By RoboForex Analytical Department Following a nervous session last night, the EUR/USD pair is trading near 1.0285 on Thursday morning. The market is now stabilising.Key developments influencing EUR/USDUS inflation data showed moderate growth, aligning with...
Broadridge adds GenAI-powered advanced analytics feature to its platform
Broadridge Financial Solutions Inc. (NYSE:BR) today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge’s OpsGPT application, this new GenAI-powered functionality enables users to generate insights and...
Bank of America registers rise in Global Markets net income in Q4 2024
Bank of America today posted its financial report for the final quarter of 2024, with Global Markets net income increasing compared to the equivalent period in 2023. Global Markets reported net income of $941 million, up from $636 million in the fourth quarter of...
TradingView adds ColmexPro to list of partner brokers
TradingView keeps adding more brokers to the platform to ensure a wide range of trading opportunities for its users from all over the world. Today, TradingView welcomes ColmexPro, a brokerage firm from Israel offering equity, ETF, options, and OTC trading for both new...
IG Group to acquire Freetrade for £160M
Electronic trading major IG Group Holdings plc (LON:IGG) today announced the acquisition of neobroker Freetrade, a self-directed investment platform, for £160 million (USD $195 million). IG and Freetrade management statement Breon Corcoran, CEO of IG commented: “This...
HK regulator extends swift licensing process to new virtual asset trading platform applicants
The Securities and Futures Commission (SFC) of Hong Kong today announced that all new virtual asset trading platform (VATP) applicants can now seek licences under its swift licensing process. This new licensing approach requires VATP applicants to implement their...
Komainu raises $75M in strategic investment from Blockstream Capital Partners
Komainu, a digital asset services provider and custodian, backed by Laser Digital, a Nomura company, announces it has raised $75 million in strategic investment from Blockstream Capital Partners, subject to relevant regulatory approvals. The funding enables Komainu to...
Plus500 joins STOXX Europe 600 Index
Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has joined the STOXX Europe 600 Index (SXXP) effective as of the start of trading on Friday 17 January, 2025. Since its IPO on the London Stock Exchange in 2013, Plus500 has distributed approximately $2.3bn in...
CAB Payments to axe 20% of workforce
CAB Payments Holdings plc (LON:CABP) today announced a plan to streamline its operations during 2025. This will deliver growth from a cost base that is more appropriately aligned to its stated strategic and operational priorities. The company is commencing a programme...
Owner of Titanium Capital pleads guilty to running Ponzi scheme
Henry Abdo pleaded guilty in federal court to orchestrating an over $6 million investment fraud (Ponzi) scheme run through his company, Titanium Capital LLC. According to court records, Abdo’s company, Titanium, purported to operate a sophisticated foreign-exchange...
CFTC reaches agreement with crypto fraudster Rashawn Russell
The Commodity Futures Trading Commission (CFTC) has informed the New York Eastern District Court of an agreement on an order that would resolve the lawsuit against crypto fraudster Rashawn Russell. The proposed Consent Order was filed with the Court on January 14,...
XTB names OANDA alum Aleksander Chłopecki as Chairman
Following our report from earlier this month that longtime XTB Chairman of the Supervisory Board (equivalent to the position of non executive Chairman of the Board of Directors), Jan Byrski, was stepping down from the board, XTB has announced the hiring of his...
Airwallex secures payment institution license in Brazil
Today, Airwallex announced several milestones in its global expansion strategy: securing a payment institution license from the Banco Central do Brasil, and finalizing the acquisition of MexPago, a Mexico-based payment service provider and an Institution of Electronic...
Australian Dollar Gains, but Rate Uncertainty Limits Potential :: InvestMacro
By RoboForex Analytical DepartmentThe AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations regarding the Federal Reserve’s...
Cboe introduces Cboe Titanium, new brand identity for its exchange technology platform
Cboe Global Markets, Inc today unveiled a new brand identity for its exchange technology platform. The technology platform powering Cboe’s world-class exchange operations for trading options, futures and equities across its markets globally is now named Cboe Titanium...
The Trump administration is considering a more gradual approach to tariffs to prevent inflation from spiking :: InvestMacro
At Tuesday’s close, the Dow Jones Index (US30) was up 0.52%. The S&P 500 Index (US500) added 0.11%. The Nasdaq Technology Index (US100) was down 0.13%. Yesterday, the overall market received support from a Bloomberg report that President-elect Trump’s economic...
StreaksAI invests £250,000 into Roundhouse Media
StreaksAI PLC (LON:STK), a UK-based generative AI platform, today announced an investment of £250,000 into Roundhouse Media Pte Ltd, a non-fungible token-focused media studio based in Singapore. Roundhouse is developing further products in the cryptocurrency, meme...
RJO Futures launches updated brand and new website
Chicago-based R.J. O’Brien & Associates (RJO) today announced that its RJO Futures division has launched an updated brand and new website. The new site features improved navigation, a seamless trading experience on mobile and desktop, and the addition of RJO...
ASA slams Prosperi Academy for misleading ad of investment training courses
The UK Advertising Standards Authority (ASA) today issued a ruling against a paid-for YouTube ad for Prosperi Academy. Prosperi Academy is an app offering financial investment training courses. The ad in question was seen on 25 October 2024. The ad featured an...
Euroclear Sweden names Hanna Vainio its CEO
The Board of Directors of Euroclear Sweden has appointed Hanna Vainio as CEO of Euroclear Sweden. Hanna Vainio will also continue as the CEO of Euroclear Finland, thus serving as CEO for both Euroclear Sweden and Euroclear Finland to provide continuity in leadership,...
CFTC to review two Nadex sports contract submissions
The Commodity Futures Trading Commission (CFTC) has notified the North American Derivatives Exchange, Inc. (Nadex) d/b/a Crypto.com it will initiate a review of the two sports contracts that were self-certified and submitted to the CFTC on Dec. 19, 2024. As described...
FINRA suspends former Robinhood rep for engaging in outside business activity
The Financial Industry Regulatory Authority (FINRA) has fined and suspended Benjamin Rosamond, a former general securities representative of Robinhood. Rosamond first registered with FINRA in 2011. Rosamond was registered with FINRA as a General Securities...
Osaka Exchange to list Shanghai Natural Rubber Futures
Osaka Exchange (OSE) will list Shanghai Natural Rubber Futures, which are cash-settled futures whose underlier is the price of Natural Rubber Futures listed on the Shanghai Futures Exchange (SHFE) on May 26, 2025. SHFE and OSE held a signing ceremony for License...
Nasdaq, novobanco expand tech partnership
Novobanco and Nasdaq (NASDAQ:NDAQ) today announced the expansion of their long-standing technology partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s entire capital market operations. Novobanco, a leading Portuguese...
ICE reports highest commodities trading volume day in its history
Intercontinental Exchange, Inc. (NYSE:ICE) today announced that on Friday, January 10, 2025, ICE reported the highest commodities volume day in its history with a record 9.1 million futures and options traded, including a record 8.7 million energy futures and options,...
Equiti Group to launch Equiti Wealth following SCA approval
Leading MENA region based online broker Equiti Group has announced that it has received in-principle approval from the UAE regulator Securities and Commodities Authority (SCA) to launch the Equiti Global Balanced Fund as part of its new product line – Equiti Wealth....
TradingView adds EdgeClear to list of partner brokers
TradingView has added EdgeClear to its list of partner brokers. Founded in 2020 and based in Chicago, EdgeClear specializes in various services, including trading in CME products, automated systems, managed futures, and personalized brokerage support. Its team...
Exclusive: TopFX institutional sales head Roula Pelehrinis joins Advanced Markets
FNG Exclusive… FNG has learned that experienced FX and CFDs industry executive Roula Pelehrinis has left TopFX and joined liquidity and broker tech solutions provider Advanced Markets. Based in Athens, Roula will serve as VP Institutional Sales EMEA at Advanced...
Clearstream opens Euro route to Romanian bond market
Clearstream, the international central securities depository (ICSD) of Deutsche Börse Group, opened a Euro route to the Romanian bond market. BRD Groupe Société Générale acts as local depository partner for Clearstream, connecting in turn to the Romanian central...
SEC announces settled charges against three investment adviser reps
The Securities and Exchange Commission (SEC) today announced settled charges against investment adviser representatives Tamir Shabat, Danny Z. Spiegel, and Joseph J. Orlando, Jr. for acting as unregistered brokers in selling membership interests in LLCs that purported...
LME welcomes BMO as Category 2 member
The London Metal Exchange (LME) has announced the approval of BMO as a Category 2 member. BMO is the eighth largest bank in North America by assets, providing a broad range of personal and commercial banking, wealth management, global markets and investment banking...
eToro hires BNY Mellon / Newton alum Lale Akoner as Global Market Analyst
Social trading focused online broker eToro has announced the appointment of Lale Akoner as Global Market Analyst. Based in London, Lale Akoner will oversee eToro’s market insights, leading the firm’s global team of analysts to produce macroeconomic and asset-level...
Europe wants lower oil prices to limit Russia’s military action. :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) was up 0.86%. The S&P 500 Index (US500) added 0.16%. The Nasdaq Technology Index (US100) fell by 0.30%. Investor sentiment worsened as Treasury yields rose, driven by expectations of a Fed rate cut this year and...
IG Group service centres head Tomasz Horaček departs
FNG has learned that longtime IG Group executive and its Head of Global Service Centres, Tomasz Horaček, has left the company.Based in Krakow, Poland, Tomasz was responsible for all of IG’s Service Centres which are located in India, Poland and South Africa, and which...
Signs of Recovery but Insufficient Support Factors :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair entered a consolidation phase on Tuesday, following modest growth during the earlier two trading sessions. Today, the pair’s movements are centred around the 157.50 mark.Despite these recovery attempts, the yen...
Exclusive: Richard Wynn joins Neex as CEO
FNG Exclusive… FNG has learned that Retail FX and CFDs broker Neex has hired London based executive Richard Wynn, as its new CEO. Richard Wynn served most recently as Non-Executive Chairman of NCM Financial UK LTD, the UK arm of Kuwait based CFDs broker NCM, which...
eToro sets Enjin positions to “close only”
Online broker eToro has announced restrictions on $ENJ trading. Opening new positions and CopyTrading is now allowed for Enjin. It has been set to “Close Only”. The company blamed the changes on internal safety mechanisms. ATTENTION Please note that $ENJ is currently...
Garanti BBVA Crypto names Onur Güven its new CEO
Garanti BBVA Crypto Asset Trading Platform, part of the Garanti BBVA Group, has announced that Korcan Abalı will be stepping down as CEO and Onur Güven will replace him. Onur Güven has been a senior manager at a variety of renowned financial technology companies. Mr...
Offshore CFDs broker IUX chooses Integral pricing engine, MT5 gateway
Broker tech provider Integral has announced that offshore Retail FX and CFDs brokerage IUX has integrated its embedded technology to help streamline workflows, optimize pricing, and to further enhance client service. IUX has integrated several of Integral’s services,...
ION secures registration as algorithmic trading vendor on BSE
ION, a provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that it is now registered as an Independent Software Vendor for algorithmic trading on BSE (formerly Bombay Stock...
Worldline extends partnership with KBC for issuing services
Payment services provider Worldline has announced a long-term extension of its existing partnership with KBC/CBC, one of the leading financial groups in Europe. With this agreement, Worldline will continue to provide issuing and transaction processing services through...
Is capitalism falling out of favor? We analyzed 400,000 news stories to find out :: InvestMacro
By Jay L. Zagorsky, Boston University and H. Sami Karaca, Boston University Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars...
Broker-as-a-Service operation Deus X Markets launches with Tim Plummer as CEO
Experienced FX and CFDs industry executive Tim Plummer has announced that he is becoming CEO of a new business being launched by fintech investor Deus X Capital, called Deus X Markets (at website deusxmarkets.com). Deus X Markets is being set up as a...
FINRA fines Newbridge Securities Corporation for deficient supervision of two reps
The Financial Industry Regulatory Authority (FINRA) has fined Newbridge Securities Corporation for failing to reasonably supervise recommendations for margin use by two representatives in five customer accounts. From July 2015 through June 2020, Newbridge failed to...
Mastercard opens its first office in Accra
Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana. This milestone underscores Mastercard’s commitment to supporting the country’s growing digital economy by providing innovative financial products and services...
Revolut founder Nik Storonsky nets $400 million from private share sale
UK news site Sky News is reporting that neobank Revolut’s founder Nik Storonsky has sold more than £330 million (USD $400 million) of shares in the company. He continues to hold about $8 billion worth of Revolut stock, based on Revolut’s $45 billion valuation achieved...
SEC charges BMO Capital Markets with failing to supervise agency bond desk
The Securities and Exchange Commission (SEC) today charged registered broker-dealer BMO Capital Markets Corp. with failing to supervise employees who, from December 2020 until May 2023, sold mortgage-backed bonds using offering sheets and bond metrics that were...
Oil and natural gas continue to rise. The New Zealand dollar fell to a 2-year low :: InvestMacro
At the end of Friday, the Dow Jones Index (US30) fell by 1.63% (-1.31% for the week). The S&P 500 Index (US500) fell by 1.54% (down -1.09% for the week). The Nasdaq Technology Index (US100) decreased by 1.57% (week-to-date -1.18%). The US stocks fell sharply on...
SpeedRoute to pay $600k fine to settle SEC charges
The Securities and Exchange Commission (SEC) has announced settled charges against SpeedRoute LLC, a registered broker-dealer, for failing to file Suspicious Activity Reports (SARs). To help detect potential securities law and money-laundering violations,...
LSE welcomes Vinanz Plc admission to Main Market
The London Stock Exchange today welcomed Vinanz plc (LON:BTC), a North American-focused Bitcoin mining company, as it marked its Admission to the Main Market of the London Stock Exchange. Vinanz listed today with a market capitalisation of approximately £40 million...
Capital.com sees monthly trading volumes rise 33% in 2024 to $142B
Leading Retail FX and CFDs broker Capital.com has announced that total trading volumes on the platform reached more than $1.7 trillion in 2024 (or about $142 billion monthly), 33% higher than a year earlier. In the second half of the year, volumes topped $150 billion...
ICAP launches new Copenhagen-based Dry Bulk Commodities Desk
ICAP, part of the TP ICAP Group, a provider of financial markets infrastructure and data solutions, today announced the launch of a new Copenhagen-based Dry Bulk Commodities Desk, focused on brokering physical ferrous and non-ferrous metals. With the launch of the...
Saxo to implement new compliance and disclaimer measures
Multi-asset investment specialist Saxo Bank has informed developers using its OpenAPI and OpenAPI for Excel of upcoming changes. Saxo is implementing new compliance and disclaimer measures, which may affect trading activities through the Excel Addin. Clients will soon...
MAS fines Gui Boon Sui for unauthorised trading
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$350,000 on Mr Gui Boon Sui @ Goi Chon Yan (Mr Gui) for falsely trading in the shares of Hiap Hoe Limited (HHL) and Hotel Grand Central Limited (HGC), and trading using the accounts of other...
Exclusive: Stefan Popivoda joins Centroid to head Relationship Management
FNG Exclusive… Following our exclusive report from earlier this month that longtime PrimeXM executive Stefan Popivoda had left the company, FNG has learned that Stefan is joining leading connectivity and execution solutions provider Centroid Solutions. His new role at...
Spotware announces swap of domains for cTrader Store and cTrader.com
Effective immediately, fintech company Spotware is swapping the domains for the cTrader Store and cTrader.com. cTrader.com will now become the new home for the cTrader Store, serving as a central hub for all algorithms, including cBots, indicators, native plugins,...
Plus500 generates FY24 revenues ahead of expectations, secures new licence in UAE
Retail FX and CFD broker Plus500 Ltd (LON:PLUS) today issued a trading update for the financial year ended 31 December 2024. For FY 2024, the Group reported revenue of approximately $768 million, generating EBITDA of approximately $342 million. The Group’s financial...
FX week in review: ATFX prop brand launches, Saxo Bank fined, many executive moves
The new year 2025 rang in with quite a number of senior executive moves as FX and CFDs industry companies begin to act on new-year strategic plans – and as executives collect end-of-year bonus checks and move on. We also saw the launch of ATFX’s new prop trading...
Liquidnet to pay $5M civil penalty to resolve SEC charges
The Securities and Exchange Commission today announced settled charges against broker-dealer Liquidnet Inc., an operator of multiple alternative trading systems (ATSs), for failing to have necessary controls and procedures regarding market access, for failing to...
US30 set for wild Wednesday :: InvestMacro
*Note: This report was written before the US NFP data was published*US30 ends 2024 almost 13% higher, flat YTDIndex on breakout watch ahead of US CPI & big bank earningsJPMorgan & Goldman Sachs make up nearly 12% of weightingOver past year, US CPI triggered ↑...
The RBA may start cutting rates in February. In Mexico, inflationary pressures are easing :: InvestMacro
The US stock market did not trade yesterday.Today, important data on the labor market, namely the report on Non-Farm payrolls, will be published in the US. This indicator is taken into account by the Fed when adjusting monetary policy. Economists expect the economy to...
EminiFX receiver and Interactive Brokers clash in Court
Electronic trading major Interactive Brokers and the Court-appointed receiver in the lawsuit against Ponzi scheme EminiFX are locking horns in a legal battle. David A. Castleman (the “Receiver”), in his capacity as Receiver for EminiFX, Inc., has filed a complaint...
USD and China are ‘to blame’ :: InvestMacro
By RoboForex Analytical DepartmentThe NZD/USD pair has fallen to 0.5590 as of Friday, marking a two-year low driven by a strong US dollar and concerns over China’s economic performance. The decline in the New Zealand dollar comes ahead of the release of the US jobs...
FINRA fines Investments for You for alleged rule violations
The Financial Industry Regulatory Authority (FINRA) has fined Investments for You, Inc. for alleged rule violations. From June 30, 2020, to September 11, 2024, Investments for You failed to establish and maintain written policies and procedures, and a supervisory...
Exclusive: Spark Systems COO Jason Wang Kee Huat joins Digital Vega FX
FNG Exclusive… FNG has learned that longtime Spark Systems executive Jason Wang Kee Huat has joined OTC FX options marketplace operator Digital Vega, as the company’s new Head of Asia Pacific. Jason Wang Kee Huat, who is based out of Singapore, had been with Spark...
HK regulator warns public against unlicensed virtual asset trading platform iSCAT
The Hong Kong Securities and Futures Commission (SFC) today issued a warning to the public regarding unlicensed virtual asset trading platform (VATP) International Standard Carbon Assets Technology Co., Limited which is also known as “iSCAT” or “iSCAT Exchange”....
TradingView adds first broker partner from Indonesia – Samuel Sekuritas
TradingView today announced its integration with Samuel Sekuritas, its first broker partner from Indonesia, opening new possibilities for local traders. Established in 1992, Samuel Sekuritas Indonesia (SSI) is based in Jakarta and offers a wide range of financial...
FCA imposes £288,962 fine on Arian Financial for failings relating to cum-ex trading
The UK Financial Conduct Authority (FCA) has fined Arian Financial LLP £288,962.53 for failing to ensure it had effective systems and controls against financial crime. Arian’s failure to implement adequate systems and controls against financial crime put it at risk of...
Bank Alfalah acquires 9.9% equity stake in Jingle Pay
Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. Jingle Pay has solidified its position as a...
