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FCA bans Clive Harris Mongelard

FCA bans Clive Harris Mongelard

The UK Financial Conduct Authority (FCA) has made an order prohibiting Clive Harris Mongelard aka Clive Harris aka Clive Lindsey from performing any function in relation to any regulated activity. Following civil proceedings brought by the FCA before the High Court of...

EU50 waits for directional spark :: InvestMacro

EU50 waits for directional spark :: InvestMacro

FXTM’s EU50 ↑ 10% since start of 2024EU data + ECB = big price swings?Over past year ECB decision triggered moves of ↑ 1.5% & ↓ 0.3%Index trading 3% away from YTD high at 5142.3Technical levels = 5010 & 4880Watch out for fresh trading opportunities in the week...

Spotware releases cTrader Desktop 5.0.28

Spotware releases cTrader Desktop 5.0.28

Fintech company Spotware Systems today announced the release of cTrader Desktop 5.0.28. In the latest version of the trading platform, client-side validation and handling for algorithm synchronization exclusions have been added. A number of issues were addressed,...

Pepperstone CMO Tony Gruebner departs

Pepperstone CMO Tony Gruebner departs

Tony Gruebner, who has spent the past four years as Chief Marketing Officer (CMO) at leading Australia based Retail FX and CFDs broker Pepperstone, has announced that he is leaving the company. Tony Gruebner joined Pepperstone in 2020 from Sportsbet, Australia’s...

Limassol CFDs broker office hit in drive-by shooting

Limassol CFDs broker office hit in drive-by shooting

Cyprus news websites Cyprus Mail and in-Cyprus are reporting details of a drive-by shooting that occurred late Thursday, in front of the offices of an (unnamed) Limassol based Retail FX and CFDs broker. According to Cyprus Mail, an office building in Limassol was...

Stock indexes hint at Euro 2024 winners? :: InvestMacro

Stock indexes hint at Euro 2024 winners? :: InvestMacro

UK100 index has risen 6.2% so far this yearMarkets predict SPN35 can climb another 18.7% within 12 monthsMarkets predict UK100 can climb another 14.4% within 12 monthsSpain favoured to beat England in Euro 2024 finalEngland and Spain are set to battle it out for...

State Street Global Advisors launches Gold Fund

State Street Global Advisors launches Gold Fund

State Street Global Advisors, the asset management business of State Street Corporation (NYSE:STT), today announced the launch of the State Street Gold Fund, a new unlisted managed fund in Australia. The State Street Gold Fund seeks to track the performance of the...

Expert Says Buy Copper :: InvestMacro

Expert Says Buy Copper :: InvestMacro

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of copper and gold and explains his positions in some stocks. When I started writing a newsletter decades ago, I did so for two reasons. The first was to condense communication to one...

CMC Markets grants 113k shares to CEO Peter Cruddas

CMC Markets grants 113k shares to CEO Peter Cruddas

CMC Markets Plc (LON:CMCX), a major provider of online trading and institutional technology solutions, today announced transactions in its shares by senior executives. On July 9, 2024, CMC Markets granted 113,772 shares in the company to CEO Peter Cruddas. This is a...

DTCC’s FICC introduces public-facing VaR calculator

DTCC’s FICC introduces public-facing VaR calculator

The Depository Trust & Clearing Corporation (DTCC) today announced the launch of a new public-facing Value at Risk (VaR) calculator. The calculator provides market participants with the ability to evaluate potential margin and Clearing Fund obligations associated...

Equals receives improved proposal from Railsr, TowerBrook

Equals receives improved proposal from Railsr, TowerBrook

Equals Group plc (LON:EQLS) today provided an update on the review of its strategic options. The Board of Equals confirms that it has received an improved indicative non-binding proposal from the consortium comprising Embedded Finance Limited (“Railsr”) and TowerBrook...

Edward Tilly joins Clear Street as President

Edward Tilly joins Clear Street as President

Clear Street, a financial technology firm on a mission to modernize the brokerage ecosystem, today welcomes Edward Tilly to the firm as President. Edward Tilly joins Clear Street after a successful decade-long tenure as Chief Executive Officer at CBOE Global Markets,...

Steady as France faces hung parliament :: InvestMacro

Steady as France faces hung parliament :: InvestMacro

By ForexTime France’s Left-Wing coalition bags surprise victoryNo outright majority means hung parliament outcomeFRA40 bounces from 200-day SMAKey levels of interest – 7790, 7700 & 200-day SMAFXTM’s FRA40 moved higher on Monday as markets digested the unexpected...

Former IG Group CEO Charlie Rozes joins BMS Insurance

Former IG Group CEO Charlie Rozes joins BMS Insurance

BMS Group, a UK based independent specialist insurance and reinsurance broker, has announced the appointment of Charlie Rozes as Group CFO and Executive Director. Based in London, Rozes will report to Nick Cook, BMS Group CEO, and will join in November. Rozes will be...

Cboe Europe plans to launch Cboe BIDS VWAP-X

Cboe Europe plans to launch Cboe BIDS VWAP-X

Cboe Europe, a division of Cboe Global Markets, Inc, today announced that it plans to launch Cboe BIDS VWAP-X, a new trading service allowing participants to source and match liquidity at a forward benchmark price. This service is scheduled to launch in early Q4 2024,...

XTM announces Cease Trade Order

XTM announces Cease Trade Order

XTM Inc, a Fintech creator of payment innovations, announces that on July 3, 2024, the Ontario Securities Commission (OSC) issued a failure-to-file cease trade order (FFCTO) to the Corporation. The FFCTO is a result of XTM’s failure to file the following: audited...

US500 set for major pullback? :: InvestMacro

US500 set for major pullback? :: InvestMacro

US500 gains 15% in first half of 2024April only negative trading month this yearUS CPI, Powell Testimony & Big bank earnings in focusBullish but RSI overbought on multiple timeframesTechnical levels – 5600, 5500 & 5460The UK general election is done and dusted...

Prop firm Stocknet Institute (SIworld) shuts down

Prop firm Stocknet Institute (SIworld) shuts down

UK based prop trading firm Stocknet Institute, which also operates under the brand SI World (websites stocknetinstitute.com and siworld.io), has announced that it has started the process of winding down its operations with the goal of permanently closing. Plan...

ASIC warns of NGS Crypto rebranding to Hiddup

ASIC warns of NGS Crypto rebranding to Hiddup

The Australian Securities and Investments Commission (ASIC) has informed the public that NGS Crypto has rebranded to Hiddup. As at 1 July 2024, NGS Crypto’s website https://ngscrypto.com/ redirects to the website https://hiddup.com/. Hiddup’s website states that NGS...

AUD/USD Sees Uptick Amidst Mixed Sentiment :: InvestMacro

AUD/USD Sees Uptick Amidst Mixed Sentiment :: InvestMacro

By RoboForex Analytical DepartmentAUD/USD has climbed to 0.6676 yet remains in a “sideways” pattern, indicating a lack of clear directional momentum in the market.The Australian dollar’s appreciation is linked to a softening in the US dollar’s stance, influenced by...

dxFeed unveils Cboe One Canada Summary Feed

dxFeed unveils Cboe One Canada Summary Feed

dxFeed, a market data solutions and index management provider for the global financial industry, both traditional and crypto, announces it has added the Cboe One Canada Summary Feed, a real-time Canadian equities market data product from Cboe Global Markets. This...

What you need to know :: InvestMacro

What you need to know :: InvestMacro

Opinion polls point to landslide Labour victoryUnexpected results could trigger volatility on GBP & UK100Bloomberg FX model: 77% GBPUSD – (1.2569- 1.2800)UK100 under pressure with W1 support at 8100Millions of voters in Britain will be heading to the polls...

CoinDCX acquires BitOasis – FX News Group

CoinDCX acquires BitOasis – FX News Group

BitOasis, Dubai-based virtual assets trading platform announces a successful acquisition by India-based crypto exchange CoinDCX. BitOasis has previously received a strategic investment from CoinDCX in August 2023. Combined with the company’s newly acquired license in...

ABN AMRO completes acquisition of neobroker BUX

ABN AMRO completes acquisition of neobroker BUX

Amsterdam based banking group ABN Amro (AMS:ABN) has announced that it has officially completed the acquisition of neobroker BUX. The acquisition of BUX, first announced back in December, was subject to regulatory approvals which have now been obtained, and the...

Equals Group registers rise in revenues in H1 2024

Equals Group registers rise in revenues in H1 2024

Fintech payments group Equals Group plc (LON:EQLS) today provided a trading update for the six months ended 30 June 2024 (‘H1-2024’). The Group saw revenues increase £14.9 million compared with the same period last year to £60.0 million, an increase of 33%...

Set for potential price swings? :: InvestMacro

Set for potential price swings? :: InvestMacro

Bitcoin could be rocked by Fed minutes & NFPWatch out for Mt. Gox developmentsOver past year NFP triggered moves of ↑ 2.3% & ↓ 1.9%Bearish channel breached but resistance at $63500Thanks to the incoming US jobs report and developments concerning the failed Mt....

Sucden Financial reports rise in 2023 profit

Sucden Financial reports rise in 2023 profit

Sucden Financial, a multi-asset execution, clearing and liquidity provider, has reported its audited financial results for the year ending 31 December 2023, with profit and total net assets increasing significantly. Profit before taxation for 2023 amounted to £23.9...

Xetra-Gold holdings decline to 176 tonnes

Xetra-Gold holdings decline to 176 tonnes

The gold holdings of Xetra-Gold (ISIN: DE000A0S9GB0) have decreased in the first half of 2024. They now amount to 175,5 tonnes, signifying a contraction of 23.2 tonnes over the year. At the beginning of 2024, the holdings were still 198.7 tonnes of gold. Over a period...

Dany Mawas promoted to Markets.com CCO

Dany Mawas promoted to Markets.com CCO

Finalto South Africa CEO Dany Mawas is set to bring his experience to the world of retail trading, with a new appointment as Markets.com Chief Commercial Officer (CCO). His appointment follows a strong six months for Finalto in the African market under Dany’s...

Jumps on French election relief :: InvestMacro

Jumps on French election relief :: InvestMacro

FRA40 ↑ as much as 3% on MondayParties have till Tuesday evening to apply for second roundSecond round of election on July 7thKey level of interest – 7470 and 7700FXTM’s FRA40 initially rebounded on Monday morning as investors welcomed the preliminary results of...

Top FX and CFD trading industry news stories of 1H-2024

Top FX and CFD trading industry news stories of 1H-2024

Hard to believe that we have already closed the books on the first half of 2024 – and what a six months it has been! We at FNG saw record traffic and visitor figures month after month (more on that below), and it is no wonder given the interesting stories and themes...

Clearstream launches direct link to South Korea

Clearstream launches direct link to South Korea

On 1 July 2024, Clearstream introduced a direct link to South Korea with the Korea Securities Depository (KSD). This innovative link provides clients with seamless market access to settle and safekeep Korean government bonds, including Korean Treasury Bonds (KTBs) and...

MAS fines GSG Capital director for insider trading

MAS fines GSG Capital director for insider trading

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$70,000 on Mr Tay Joo Heng for insider trading in the shares of GS Holdings Limited (GHL). This follows a joint investigation by CAD and MAS into the case. On 19 November 2019, GHL announced...

Speculator bets led by S&P500 & Nasdaq :: InvestMacro

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 June 25th and shows a quick view of how large traders...

FRA40 braced for French elections :: InvestMacro

FRA40 braced for French elections :: InvestMacro

H2 kicks off with French/UK elections, ECB forum & NFPFRA40 ↓ 5.4% since Macron call for snap electionNational Rally currently leading pollsIndex bearish on D1 but RSI near oversoldKey points of interest – 7700, 200-day SMA, 7470An exceptional list of high-risk...

Exclusive: MultiBank CSO Ruslan Abuzant departs

Exclusive: MultiBank CSO Ruslan Abuzant departs

FNG Exclusive… FNG has learned that experienced FX industry executive Ruslan Abuzant has left his position as Chief Strategy Officer (CSO) of leading UAE-based Retail FX and CFDs broker MultiBank. Ruslan Abuzant joined MultiBank in 2022 as Head of IT, relocating from...

Saxo Bank publishes findings of Q3 2024 investor survey

Saxo Bank publishes findings of Q3 2024 investor survey

Saxo Bank has run another survey of their clients to gain insights into how they predict the markets will move in Q3. The latest Saxo client pulse survey indicates a general positive sentiment regarding global equity markets and sector performance, with the majority...

Monster Movers & Shakers :: InvestMacro

Monster Movers & Shakers :: InvestMacro

Bitcoin ↑ almost 45% in H1Gold ↑ 12% year-to-date, but are bulls tired?US500 party to roll on or hit final hour?The first half of 2024 has been remarkable for global financial markets.Shifting monetary policy expectations, geopolitical tensions, elections across the...

Nium appoints Spencer Hanlon as Chief Operating Officer

Nium appoints Spencer Hanlon as Chief Operating Officer

Nium, a provider of real-time cross-border payments, today announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium’s Global Head of Travel, spearheading one of the company’s fastest-growing business...

Is It Time To Unload Nvidia? :: InvestMacro

Is It Time To Unload Nvidia? :: InvestMacro

Source: Streetwise Reports (6/26/24)Some financial experts say yes, others no. Read on to learn the rationale behind the conclusions and stance of several.The movement of Nvidia Corp.’s (NVDA:NASDAQ) stock during June, rising to its all-time high and then plunging,...

eToro renews sponsorship of Operazione Nostalgia

eToro renews sponsorship of Operazione Nostalgia

Online broker eToro has renewed its support for Operazione Nostalgia, an organization whose main goal is to highlight the positive values associated with soccer and sports. The trading and investing platform has decided to continue the sponsorship by participating as...

HKEX to launch Weekly Hang Seng TECH Index Options

HKEX to launch Weekly Hang Seng TECH Index Options

Hong Kong Exchanges and Clearing Limited (HKEX) plans to launch Weekly Hang Seng TECH Index Options on 2 September, subject to regulatory approval. Weekly Hang Seng TECH Index Options are options that expire every week, supporting needs of investors to manage their...

eToro introduces “Why is it Moving?” feature

eToro introduces “Why is it Moving?” feature

Online broker eToro continues to expand the capabilities of its platform, adding a new “Why is it Moving?” feature. This new tool provides real-time explanations for the price movements of stocks traders are interested in. Whether it’s breaking news, an earnings...

Exclusive: Sales Manager Ahmed Gomaa leaves Doo Prime

Exclusive: Sales Manager Ahmed Gomaa leaves Doo Prime

FNG Exclusive… FNG has learned that experienced MENA region executive Ahmed Gomaa has left his position as Sales Manager at Retail FX and CFDs broker Doo Prime. Ahmed Gomaa had joined Doo Prime earlier this year, as was also reported exclusively at the time here at...

Martin Schlegel to become Chairman of SNB

Martin Schlegel to become Chairman of SNB

At its meeting of 26 June 2024, the Federal Council appointed Martin Schlegel as new Chairman of the Governing Board of the Swiss National Bank (SNB) and thus as successor to Thomas Jordan. Martin Schlegel will assume office with effect from 1 October 2024 and take...

Waits on key risk event :: InvestMacro

Waits on key risk event :: InvestMacro

Bitcoin ↓ over 8% on MondayRoughly 2% above $60,000 supportOver past year US PCE triggered moves of ↑ 0.9% & ↓ 2.3%Key point of interest – $60,000Technical levels – $60,254.93, $57,5656.20 and $66,365.11Bitcoin’s extended losses have set off alarm bells for bulls,...

Alice Blue joins TradingView’s list of partner brokers

Alice Blue joins TradingView’s list of partner brokers

TradingView is expanding trading opportunities for its Indian users and welcomes Alice Blue, a newly integrated brokerage on TradingView: trade equities, funds, futures, and bonds from India’s top exchanges directly from TradingView charts. Founded 16 years ago in...

ATFX Executive Talks: Drew Niv

ATFX Executive Talks: Drew Niv

FNG Exclusive Interview… Drew Niv, who took on the role of Chief Strategy Officer at ATFX this year, brings a wealth of experience and a fresh perspective to the team. Today, he will share more about his vision and strategic plans for driving ATFX’s growth and...

Lingers near 3-month low :: InvestMacro

Lingers near 3-month low :: InvestMacro

Corn ↓ 9% since start of 2024Bearish on H1 but RSI near oversoldTechnical levels – 432.00 and 423.40Possible breakout on horizon?Markets remain edgy ahead of a week packed with high-risk events that could spark fresh volatility!Ahead of the main events, FXTM’s new...

Trading Technologies partners with Hidden Road

Trading Technologies partners with Hidden Road

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has partnered with Hidden Road, the global credit network for institutions, through Hidden Road Partners CIV US LLC, its futures commission...

Genesis, interop.io announce technology alliance

Genesis, interop.io announce technology alliance

Genesis Global and interop.io today announced a technology alliance to promote software innovation and customized, multi-application workflows in the financial markets industry. The alliance makes it seamless for mutual clients to bring high-performance front-,...

Which Dividend Stock is the Better Buy? :: InvestMacro

Which Dividend Stock is the Better Buy? :: InvestMacro

By The Ino.com TeamDespite the industry challenges, Chevron Corporation (CVX) and NextEra Energy, Inc. (NEE) are both gaining significant traction and rewarding shareholders with reliable dividends. But if you had to choose between them, which would be the better...

IG US rebrands Forex trading platform to tastyfx

IG US rebrands Forex trading platform to tastyfx

Forex broker IG US announces today the rebranding of its brokerage and platform technology to tastyfx, offering a more aligned experience for their US-based customers and bringing FX trading closer to the tasty family of products. The name is changing but the trading...

CoinShares sells FTX claim – FX News Group

CoinShares sells FTX claim – FX News Group

CoinShares International Limited, a European investment company specialising in digital assets, today announced the successful sale of its FTX claim. The agreement, subject to customary closing conditions, will yield a recovery rate of 116% net of broker fees,...

USDInd set for rollercoaster ride? :: InvestMacro

USDInd set for rollercoaster ride? :: InvestMacro

US Presidential debate & PCE deflators in focusOver past year PCE deflators triggered moves of 0.3% ↑ or ↓Technical levels – 106.50, 105.60 & 105.20Watch this space because FXTM’s USDInd could be jolted by economic and political forces!It’s all about the Biden...

Alpha Group International joins FTSE 250

Alpha Group International joins FTSE 250

Alpha Group International plc (LON:ALPH), a global provider of financial solutions to corporations and institutions, today joined the FTSE 250. Alpha’s inclusion in the FTSE 250 index comes less than eight years after its IPO on AIM in 2017. In that time, the company...

HYCM UK sees Revenues down, but Profit up in 2023

HYCM UK sees Revenues down, but Profit up in 2023

London based Retail FX and CFDs broker HYCM Capital Markets (UK) Limited has reported its financial results for 2023, indicating a slight 2% decrease in Revenues, but an increase in profitability after a basically breakeven year in 2022. On the top line, HYCM UK saw...

PayPal appoints Srini Venkatesan as CTO

PayPal appoints Srini Venkatesan as CTO

PayPal Holdings, Inc. (NASDAQ:PYPL) today announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO). Mr Venkatesan, whose appointment is effective June 24, will be reporting to PayPal President and CEO Alex Chriss. In this role, Mr Venkatesan...

Tradeweb President Thomas Pluta to leave company

Tradeweb President Thomas Pluta to leave company

Tradeweb Markets Inc. (NASDAQ:TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced organizational changes as it works to optimize its operations for continued growth. Tradeweb announced that...

TradingView adds data from Crypto.com

TradingView adds data from Crypto.com

Continuing to improve crypto market accessibility, TradingView welcomes a new valued addition to TradingView’s data coverage, Crypto.com. Established in 2016 in Hong Kong, Crypto.com is renowned for its commitment to regulatory compliance, security, and privacy,...

DTCC adds four members to its BoD

DTCC adds four members to its BoD

DTCC today announced that four new Board Members have joined its Board of Directors. The new Directors are Brian Gallagher of JPMorgan Chase, Christopher Gelvin of UBS, Jon Herrick of the New York Stock Exchange and Igor Modlin of Goldman Sachs. Brian Gallagher serves...

what will the Central Bank decide? :: InvestMacro

what will the Central Bank decide? :: InvestMacro

By RoboForex Analytical DepartmentThe GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused.The Bank of England will convene for its regular meeting today, at...

LCC Trans-Sending Limited enters special administration

LCC Trans-Sending Limited enters special administration

On 18 June 2024, LCC Trans-Sending Limited entered special administration under the Payment and Electronic Money Institution Insolvency Regulations 2021. Payment services firm LCC entered special administration on 18 June 2024 and has now ceased trading. Christine...

FCA reviewing trading apps over gaming concerns

FCA reviewing trading apps over gaming concerns

UK financial regulator The FCA has announced that it is keeping financial trading apps “under review” over gaming concerns, following an online experiment it conducted with over 9,000 consumers. The FCA found in its experiment that digital engagement practices (DEPs)...

Pepperstone unveils 24-hour CFDs trading on US Shares

Pepperstone unveils 24-hour CFDs trading on US Shares

Leading Forex and CFDs brokerage Pepperstone has announce that – in partnership with cTrader, MetaTrader and TradingView – it has launched a 24-hour offering for CFDs trading on US shares. This innovative service expansion allows traders to react to market-moving news...

Avanza integrates TradingView Advanced Charts

Avanza integrates TradingView Advanced Charts

Today, TradingView announced its collaboration with Swedish bank and stockbroker Avanza which has integrated TradingView Advanced Charts into its interface. Avanza is the largest stockbroker and niche bank in Sweden. As of the end of Q1 2024, it boasts a 7.5% share of...

Forex Factory launches dedicated economic event pages

Forex Factory launches dedicated economic event pages

Popular FX forum and financial news website Forex Factory continues to expand the capabilities of its calendar. Today, Forex Factory announced the launch of dedicated economic event pages on Forex Factory and its sister sites. Since 2005, most of the financial...

René van Vlerken to become CEO of Euronext Amsterdam

René van Vlerken to become CEO of Euronext Amsterdam

Euronext today announced that the Supervisory Board of Euronext N.V. has nominated René van Vlerken as CEO of Euronext Amsterdam and member of the Managing Board of Euronext N.V. as per 1 September 2024. The announcement follows Simone Huis in ‘t Veld’s decision to...

CySEC withdraws license of Forex broker HYCM

CySEC withdraws license of Forex broker HYCM

The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) authorisation of HYCM (Europe) Ltd. CySEC made the decision at its meeting held on June 10, 2024. The withdrawal is in line with section 8(1)(a) of...

UK100 index set for 1,000 pip move? :: InvestMacro

UK100 index set for 1,000 pip move? :: InvestMacro

By ForexTime This week set to be UK100’s 2nd most-volatile period so far in 2024UK100 may even see a 1000-pip intraday moveTraders brace for BOE decision, UK economic dataUK100 still holding on to QTD gains, but 3.8% lower from ATHWall Street predicts 15% future gains...

The New Zealand dollar is falling :: InvestMacro

The New Zealand dollar is falling :: InvestMacro

By RoboForex Analytical DepartmentLike other major currencies, the New Zealand dollar is under pressure from the strong US dollar. This development comes after the Federal Reserve’s updated forecasts last week. Stock market expectations point to only one interest rate...

SEC charges Twenty Acre Capital for misleading ads

SEC charges Twenty Acre Capital for misleading ads

The Securities and Exchange Commission (SEC) today announced charges against registered investment adviser Twenty Acre Capital LP for misleading, and not fair and balanced, performance advertising. According to the SEC’s order, from at least November 2021 through...

Terraform, Do Kwon to pay $4.5bn following fraud verdict

Terraform, Do Kwon to pay $4.5bn following fraud verdict

The Securities and Exchange Commission (SEC) has announced that Terraform Labs PTE, Ltd. and Do Kwon agreed to pay more than $4.5 billion following a unanimous jury verdict holding them liable for orchestrating a years-long fraud involving crypto asset securities that...

Interactive Brokers enhances Student Trading Lab

Interactive Brokers enhances Student Trading Lab

Electronic trading major Interactive Brokers continues to add features to the Student Trading Lab. The Student Trading Lab is a free online resource for college and high school educators looking to blend finance, blockchain and/or computer science classwork with...

FCA issues warning against clone of Admiral Markets

FCA issues warning against clone of Admiral Markets

The UK Financial Conduct Authority (FCA) has issued a warning against a clone firm abusing the details of Forex and CFD broker Admiral Markets. Clone firms are entities set up by fraudsters. They copy the details (name, logo, address, etc) of firms authorised by...

Neeraj Kapur takes over role of CAB Payments CEO

Neeraj Kapur takes over role of CAB Payments CEO

CAB Payments confirmed today that Neeraj Kapur has received the required regulatory approval and will now take over the role of Group Chief Executive Officer (CEO), Executive Director and member of the Board from Bhairav Trivedi. Neeraj and Bhairav have been working...

FCA cancels Global 4X Limited’s authorisation as API

FCA cancels Global 4X Limited’s authorisation as API

The UK Financial Conduct Authority (FCA) today cancelled the authorisation granted to Global 4X Limited as an authorised payment institution (API). The regulator has concluded that Global 4X Limited is no longer meeting the conditions for authorisation as an API set...

Visa relaunches SavingsEdge – FX News Group

Visa relaunches SavingsEdge – FX News Group

Visa Inc. (NYSE:V) today announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. The latest enhancements introduce a more dynamic platform with new offerings and features designed to...

Gill Barr plans to retire from PayPoint Board

Gill Barr plans to retire from PayPoint Board

PayPoint plc (LON:PAY) today announces that Gill Barr has confirmed that she plans to retire from the Board and will not stand for re-election at the Company’s 2024 Annual General Meeting (‘AGM’) to be held on 1 August 2024 having completed nine years’ service on the...

Braces for mid-week double whammy :: InvestMacro

Braces for mid-week double whammy :: InvestMacro

US500 ↑ 13% since start of 2024Index could be rocked by US CPI/Fed comboOver past year Fed meeting triggered moves of ↑ 2% & ↓ 0.8%Prices bullish on D1 but RSI overboughtIt would be a crime to overlook FXTM’s US500 on such a big day for global markets.After...

TradeStation Securities integrates with Option Circle

TradeStation Securities integrates with Option Circle

TradeStation Securities, Inc., a self-clearing online brokerage firm for trading stocks, options, futures, and futures options, announced its integration with Option Circle. TradeStation Securities’ integration with the Option Circle platform provides Option Circle...

DTCC’s FICC launches CCLF Public Calculator

DTCC’s FICC launches CCLF Public Calculator

DTCC today announced the launch of FICC’s interactive, public-facing Capped Contingency Liquidity Facility (CCLF) Calculator. DTCC explains that CCLF is a critical risk management tool used for managing DTCC’s Fixed Income Clearing Corporation’s (FICC) liquidity risk...

DXtrade adds TradingView advanced charting as a widget

DXtrade adds TradingView advanced charting as a widget

Devexperts, the developers of DXtrade, an out-of-the-box trading platform with an open API, has announced their third integration with TradingView. Last year DXtrade integrated with TradingView to offer brokers one-platform trade execution, better user experience, and...

Nuvei partners with ViaPlus – FX News Group

Nuvei partners with ViaPlus – FX News Group

ViaPlus, a subsidiary of VINCI Highways, and Canadian fintech company Nuvei Corporation (TSX:NVEI) today announce a partnership to deliver an enhanced payment experience for consumers when purchasing mobility services. The partnership will integrate ViaPlus’ mobility...

CySEC launches its regulatory sandbox

CySEC launches its regulatory sandbox

The Cyprus Securities and Exchange Commission (CySEC) has successfully launched its Regulatory Sandbox during an online event held on June 11, 2024. This initiative marks a significant milestone in the advancement of financial, regulatory, and supervisory technologies...

TradingView expands its partnership with FYERS

TradingView expands its partnership with FYERS

TradingView today announced an upgrade for its partnership with FYERS by adding options trading capabilities within its broker integration. Launched nine years ago in Bengaluru, India’s Silicon Valley, today, Fyers serves over 500,000 customers and has a daily...

Roz Smith appointed as COO of Broadridge International

Roz Smith appointed as COO of Broadridge International

Fintech company Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Roz Smith as Chief Operating Officer of Broadridge International. Smith, who is based in London, will work closely with Mike Sleightholme, President of Broadridge...

B2Prime, cTrader announce partnership – FX News Group

B2Prime, cTrader announce partnership – FX News Group

B2Prime, a multi-asset and multi-market Prime of Prime liquidity provider, and trading platform provider Spotware have announced a partnership. The cTrader platform by Spotware is renowned for its advanced features that cater to professional traders: Clear UI →...

Komainu adds longtime Citi exec Tony Larkin as CFO

Komainu adds longtime Citi exec Tony Larkin as CFO

Komainu, a regulated custody provider for the digital assets industry operating as a joint venture between Nomura, CoinShares, and Ledger, has announced the appointment of Tony Larkin as Chief Financial Officer (CFO). The appointment comes as Komainu expands its...

EURGBP bears ready pounce? :: InvestMacro

EURGBP bears ready pounce? :: InvestMacro

Euro ↓ on political jittersEURGBP hits 22-month low  UK Jobs report & EU data in focusTechnical level –  0.8500Bloomberg FX model – 80% – EURGBP – (0.84065 – 0.85327)Euro bears are back in action thanks to political uncertainty linked to the European Parliament...

politicians to blame :: InvestMacro

politicians to blame :: InvestMacro

By RoboForex Analytical DepartmentEUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early elections on Sunday in the wake...

MoneyGram appoints Gary W. Ferrera as CFO

MoneyGram appoints Gary W. Ferrera as CFO

MoneyGram International, Inc., global financial technology company, today announced the appointment of Gary W. Ferrera as Chief Financial Officer (CFO). In this role, Ferrera will lead all aspects of finance, accounting, tax and treasury, in support of the continued...

Cboe Options adds two 10G customer switches on NY5

Cboe Options adds two 10G customer switches on NY5

Effective immediately, Cboe Options Exchange (C1) has added two additional 10G switches to the NY5 datacenter customer access layer as part of ongoing switch hardware upgrades in the C1 environment. Two new 10G L3 switches are now available on the existing NY5...

Speculator bets led by Coffee & Cocoa :: InvestMacro

Speculator bets led by Coffee & Cocoa :: 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 June 4th and shows a quick view of how large traders...

Speculator Bets led lower by 5-Year Bonds :: InvestMacro

Speculator Bets led lower by 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 June 4th and shows a quick view of how large traders...

Swiss FINMA publishes guidance on cyber risks

Swiss FINMA publishes guidance on cyber risks

The Swiss Financial Market Supervisory Authority (FINMA) today published its guidance on cyber risks. All supervised institutions have obligation to report cyber attacks. The institution has 24 hours from the time a cyber attack is discovered to submit an initial...

Paul Purcell resigns from Sezzle BoD

Paul Purcell resigns from Sezzle BoD

Sezzle Inc. (NASDAQ:SEZL) today announced that Paul Purcell resigned from its Board of Directors on June 6, 2024, and declined to stand for reelection at the 2024 Annual Meeting of Stockholders. Mr. Purcell has served on Sezzle’s Board for 5 years (since April 2019)...

Coinbase introduces Advanced Trade Go SDK

Coinbase introduces Advanced Trade Go SDK

Coinbase is introducing Advanced Trade Go SDK – a flexible sample application that allows customers to automate their crypto trading strategies on Coinbase Advanced. This SDK is built on top of Coinbase Advanced REST APIs and simplifies the development process,...

MT5 build 4380 comes with series of enhancements

MT5 build 4380 comes with series of enhancements

Fintech company MetaQuotes has announced the upcoming release of build 4380 of the MetaTrader 5 (MT5) platform. The MetaTrader 5 platform update will be released on Friday, June 7, 2024. The new version features the following changes: MetaTrader 5 Client Terminal...

Robinhood to acquire Bitstamp for $200M in cash

Robinhood to acquire Bitstamp for $200M in cash

Robinhood Markets, Inc. has entered into an agreement to acquire Bitstamp Ltd, a global cryptocurrency exchange. Robinhood expects the final deal consideration to be approximately $200 million in cash, subject to customary purchase price adjustments. The acquisition...

LSEG names Pascal Boillat its COO

LSEG names Pascal Boillat its COO

London Stock Exchange Group plc (LSEG) today announces that Pascal Boillat has been appointed as Chief Operating Officer (COO). Pascal Boillat Mr Boillat will join the Group on 1 July 2024, reporting to David Schwimmer. Based in New York, Pascal will lead LSEG’s...

ASIC cancels licence of Aussie Wealth Super

ASIC cancels licence of Aussie Wealth Super

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of Aussie Wealth Super Pty Ltd. The cancellation is effective from 3 June 2024. The AFS licence was cancelled after ASIC received notification...

FINRA fines Crown Capital Securities

FINRA fines Crown Capital Securities

Crown Capital Securities has agreed to pay a $50,000 fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2014 to December 2019, Crown Capital Securities failed to reasonably supervise transactions that the firm’s...

Breaks $71k ahead of US NFP :: InvestMacro

Breaks $71k ahead of US NFP :: InvestMacro

Roughly 4% away from all-time highOver past year NFP triggered moves of ↑ 2.5% & ↓ 1%Key level of interest – $72,000Are Bitcoin bulls gearing up for another charge higher?Well, the world’s largest cryptocurrency has jumped almost 5% this week, trading around...

IEX appoints John Palmer to lead new markets

IEX appoints John Palmer to lead new markets

IEX Group, Inc today announced the appointment of John Palmer to lead its efforts to build out new markets. As a member of the IEX Group, Inc. leadership team, Palmer will focus on leveraging the strengths of IEX’s core system and technology to develop new markets and...

Finseta completes sale of Capital Currencies

Finseta completes sale of Capital Currencies

Finseta plc (LON:FIN), a Forex and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces the completion of the sale of 100% of the share capital of Capital Currencies Ltd. The...

Marqeta opens new office in Poland

Marqeta opens new office in Poland

Marqeta, a global modern card issuing platform, today announced its new office in Warsaw, Poland to support its long term business and growth strategies. By setting up operations in Poland, Marqeta gains direct access to the European Union, positioning it well for...

LMAX launches FX NDFs trading in Singapore and London

LMAX launches FX NDFs trading in Singapore and London

Institutional FX and digital assets broker LMAX Group has announced the launch of FX Non-Deliverable Forwards (NDFs), available to trade in two matching centres, Singapore (SG1) and London (LD4). The launch follows the receipt by LMAX Exchange, the Group’s global...

Hits 3-week high :: InvestMacro

Hits 3-week high :: InvestMacro

Sugar ↑ almost 3% month-to-dateRoughly 25% away from 2024 highH1 prices bullish but RSI overboughtTechnical levels – 19.08, 18.90 and 18.50Check this out, FXTM’s new Sugar commodity has just touched a fresh three-week high!After wobbling near multi-week lows, prices...

Edmund Reese to step down from role of Broadridge CFO

Edmund Reese to step down from role of Broadridge CFO

Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Edmund Reese, Chief Financial Officer, will be stepping down from his role, effective June 30, 2024. Mr Reese will become Chief Financial Officer of Aon, a $61 billion market capitalization global...

Cboe Silexx adds Favorites, enhances Risk Radar

Cboe Silexx adds Favorites, enhances Risk Radar

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 24.4. Cboe announces the release of favorites. Users can now save favorites within the Multi...

Bitpanda expands partnership with Deutsche Bank

Bitpanda expands partnership with Deutsche Bank

Fintech unicorn Bitpanda is expanding its partnership with Deutsche Bank to provide real-time payment solutions for incoming and outgoing transactions for users in Germany. This API-based account solution will provide Bitpanda with access to German IBANs, streamlining...

Dukascopy adds MT5 to lineup of trading platforms

Dukascopy adds MT5 to lineup of trading platforms

Following the successful completion of Beta testing Dukascopy Bank SA today announced the addition of MetaTrader 5 (MT5) to its suite of trading platforms, including the outstanding JForex 4 and the popular MT4 platform. This addition marks a significant enhancement...

OPEC+ extending key oil production cuts :: InvestMacro

OPEC+ extending key oil production cuts :: InvestMacro

By JustMarketsOn Friday, the Dow Jones (US30) Index gained 1.51% (for the week -1.03%), while the S&P 500 (US500) Index was up by 0.80% (for the week -0.07%). The NASDAQ Technology Index (US100) closed negative 0.01% (for the week -0.31%). Stocks rallied sharply...

USDInd seeks fresh directional catalyst :: InvestMacro

USDInd seeks fresh directional catalyst :: InvestMacro

ECB meeting & NFP in focusOver past year ECB triggered moves of 0.6% ↑ or ↓Trapped in D1 range since mid-MayTechnical levels – 105.20 and 104.20 After bouncing within a 1000-point range since mid-May, FXTM’s USDInd is on breakout watch!A high-risk cocktail...

Weekly Speculator Changes led by Gold :: InvestMacro

Weekly Speculator Changes led by 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 May 28th and shows a quick view of how large traders...

Speculator bets led by S&P500 & VIX :: InvestMacro

Speculator bets led by S&P500 & 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 May 28th and shows a quick view of how large traders...

Ian Halliday-Pegg resigns as CEO of RegTech Open Project

Ian Halliday-Pegg resigns as CEO of RegTech Open Project

RegTech Open Project plc (LON:RTOP), the technology business specialised in the automation, management, and optimisation of regulatory compliance operations, announces that Ian Halliday-Pegg has tendered his resignation from his position as Chief Executive Officer and...

UBS closes merger of UBS AG and Credit Suisse AG

UBS closes merger of UBS AG and Credit Suisse AG

UBS Group AG announced today that it has completed the merger of UBS AG and Credit Suisse AG. The completion of the merger within the expected timeline was facilitated by the strong support from regulators across the globe. Today, Credit Suisse AG has been...

Brent waits on OPEC+ meeting :: InvestMacro

Brent waits on OPEC+ meeting :: InvestMacro

Brent ↑ 6% year-to-dateHeaded for biggest monthly ↓ in 2024OPEC+ decision, EIA data & NFP in focusOver past year NFP triggered moves of 1% ↑ or ↓Technical levels – $84.50 & $81.00Key central bank decisions and top-tier economic data could rock markets in the...

ICI, SIFMA and DTCC issue statement on U.S. move to T+1

ICI, SIFMA and DTCC issue statement on U.S. move to T+1

Today, the Investment Company Institute (ICI), the Securities Industry and Financial Markets Association (SIFMA), and DTCC issued the following statement on the move to T+1: “With the U.S. T+1 settlement cycle for corporate bonds, municipal bonds, and equities...

In Conversation with Dany Mawas: Finalto ODP Solutions

In Conversation with Dany Mawas: Finalto ODP Solutions

FNG Interview… The annual Finance Magnates Africa Summit (FMAS) conference is a cornerstone event for the financial services sector, offering a platform for industry leaders to discuss the latest trends and regulatory developments. This year, FMAS:24 was particularly...

ANZ sells remaining 5.2% shareholding in AmBank

ANZ sells remaining 5.2% shareholding in AmBank

ANZ has agreed to sell its remaining 5.2% of the issued capital in AMMB Holdings Bhd (AmBank) via a block trade at a price of MYR4.10 per share. ANZ Chief Financial Officer Farhan Faruqui said: “The sale of our equity stake in AmBank is a significant milestone in...

Cotton, EURCHF & UK100 hit targets :: InvestMacro

Cotton, EURCHF & UK100 hit targets :: InvestMacro

Cotton bulls bag 80 pointsEURCHF secures all 4 bearish targetsUK100 slams into 3rd bullish levelAnticipation was the theme this week as investors braced for the incoming US PCE data.It felt like a typical “calm before the storm” across markets ahead of this key risk...

Broadridge acquires AdvisorTarget – FX News Group

Broadridge acquires AdvisorTarget – FX News Group

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has acquired AdvisorTarget, a market leader in providing asset management and wealth management firms with data products to help power digital marketing, sales and engagement...

Robinhood introduces Robinhood Crypto Trading API

Robinhood introduces Robinhood Crypto Trading API

Robinhood Crypto customers in the United States can now use the Robinhood API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically. “With our new crypto trading API, we’re helping customers harness the full...

Brent crude oil declines again :: InvestMacro

Brent crude oil declines again :: InvestMacro

By RoboForex Analytical DepartmentThe commodity market, struggling to maintain its upward momentum, frequently slips into sell-offs. On Thursday, the price of Brent crude oil fell to 83.60 USD per barrel.On Wednesday evening, Brent lost almost 1% of its value due to...

TradingView offers new opportunities for Dhan clients

TradingView offers new opportunities for Dhan clients

TradingView is offering new opportunities for Dhan clients by adding options trading to the integration. Launched in 2021, Dhan is a user-first trading and investing platform driven by technological innovations. With a strong focus on tech and product development,...