Economy
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...
IG Japan to stop offering Brazil 60 Stock Index CFD
IG Securities, the Japanese subsidiary of electronic trading major IG Group, will stop offering the Brazil 60 Stock Index CFD. New orders for this instrument are no longer accepted. Pre-orders that have already been placed will not be canceled, so if the price...
HKEX appoints Gregory Yu as Managing Director, Head of Markets
Hong Kong Exchanges and Clearing Limited (HKEX) today announced the appointments of Gregory Yu as Managing Director, Head of Markets, and Kevin Rumjahn as Managing Director, Head of Strategic Projects. In his new role, Mr Yu will help drive the continued vibrancy of...
AFCA provides update to victims of Latitude cyber-attack
The Australian Financial Complaints Authority (AFCA) today provided an update to people with complaints in relation to the Latitude Financial Group cyber-attack. Latitude was subject to a cyber-attack in March 2023 that resulted in the theft of personal information....
Exclusive: ActivTrades / Admirals alum Juan E. Cadiñanos joins NAGA as Head of Europe and Education
FNG Exclusive… FNG has learned that leading social trading focused online broker NAGA Group has hired Madrid based executive Juan Enrique Cadiñanos Moriano, as Head of Europe and Education. Juan E. Cadiñanos worked at CFDs broker Admirals for eight years (from 2016...
Exclusive: ADSS Head of Product Bernardas Baciulis departs
FNG Exclusive… FNG has learned that Bernardas Baciulis has left his position as Head of Product and New Initiatives at Retail FX and CFDs broker ADSS. Bernardas Baciulis had been with ADSS in its London office since 2022. Prior to his time at ADSS, Bernardas spent...
The Yen Nears a Six-Month Low, Affected by the Strong US Dollar :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair remained near the 158.00 mark on Thursday, consolidating at levels last seen in mid-2024. Although the pair is no longer surging as it did earlier in the year, the fundamental preconditions for further growth...
OptionMetrics, CRSP enter into licensing agreement
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, and CRSP, Center for Research in Security Prices, have entered into a licensing agreement where OptionMetrics’ IvyDB US security IDs from its...
GBPUSD hits 14-month low, Bitcoin tumbles :: InvestMacro
GBPUSD hits lowest level since November 2023Sterling expected to be most volatile in G10 space vs USDBloomberg FX model: GBPUSD has 72% of trading within 1.2054 – 1.2520 over 1-week periodBitcoin erases 2025 gains on strong US dataOver past year NFP triggered moves...
oneZero sponsors LPGA golfer Alexa Pano
Trading technology solutions provider oneZero has announced a new brand campaign “Driving Innovation”, complemented by the sponsorship of Alexa Pano, a rising star in the Ladies Professional Golf Association (LPGA). Hailing from Westborough, Massachusetts, near...
China’s deflationary scenario continues despite stimulus measures. Natural gas prices returned to growth :: InvestMacro
At Wednesday’s close, the Dow Jones Industrial Average (US30) added 0.25%, the S&P 500 Index (US500) was up 0.16%. and the Nasdaq Technology Index (US100) rose by 0.04%. Minutes from the Federal Reserve’s December meeting showed that several officials favor a...
eToro introduces range of new portfolio tools
Online broker eToro has unveiled a range of new tools to give users a clearer and more in-depth view of their investment performance while also helping them to make more informed investment decisions. Designed to help users plan, identify opportunities and benchmark...
Dash Financial Technologies gets a slap on the wrist for alleged violations of Cboe rules
Cboe Exchange Inc has posted a notice of disciplinary decision against Dash Financial Technologies LLC. Between July 2023 through September 2024, (the “Review Period”), the firm failed to make, keep current, preserve, and/or furnish to the Exchange, such books,...
Genesis platform 8.7 adds new ways to define events in Genesis Create, enhances Bloomberg connector
Version 8.7 of the Genesis Application Platform introduces new ways to define events in Genesis Create, enhances Bloomberg connector and lowers build time to help teams deliver financial markets-grade applications faster. Adding Events to Genesis Create Financial...
Interactive Brokers enhances PortfolioAnalyst by adding Budgeting tool
Electronic trading major Interactive Brokers continues to enhance its solutions, with the latest updates concerning PortfolioAnalyst. All IBKR clients have free access to PortfolioAnalyst. Simply log in to Portal and select the Performance & Reports >...
FINRA imposes $600k fine on Fidelity Brokerage Services
Fidelity Brokerage Services LLC has agreed to pay a fine of $600,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Fidelity, through an affiliate, provides recordkeeping services to companies (plan sponsors) for their equity...
Standard Chartered secures licence in Luxembourg to offer digital asset custody services
Standard Chartered today announced the opening of its new entity in Luxembourg, to act as its European Union (EU) regulatory entry point for the provision of crypto and digital asset custody services to EU clients, following implementation of the Markets in Crypto...
TradingView launches seasonality charts – FX News Group
TradingView has launched seasonality charts. Now, TradingView users can explore seasonality charts to visualize seasonal changes in an asset’s price and combine curves representing different years in one space. This will allow you to evaluate price dynamics and...
Tradu adds Spread Betting – FX News Group
Multi-asset trading platform provider Tradu has announced the launch of spread betting, offering UK-based investors an accessible, tax-efficient way to engage in leveraged trading. Spread betting with Tradu enables clients to seamlessly speculate on market movements...
Velox Clearing to pay $500k fine for alleged Nasdaq rule violations
Velox Clearing LLC has agreed to pay a fine of $500,000 as a part of a settlement with the Nasdaq Enforcement Department. From May 13, 2019, through the present (the “Relevant Period”), Velox’s customers consisted of Introducing Firms domiciled inside the United...
FCA cancels Easy Exchange registration as Small Payment Institution
The UK Financial Conduct Authority (FCA) has cancelled the registration of Easy Exchange Limited as a small payment institution (SPI). The cancellation, which is made pursuant to Regulations 10(1)(e) and 10(1)(h) (as applied by Regulation 15) of the Payment Services...
Exclusive: BlackBull Markets EU Director Kyriaki Iacovou departs
FNG Exclusive… FNG has learned that New Zealand based Retail FX and CFDs broker BlackBull Markets has seen the departure of Kyriaki Iacovou, BlackBull’s Regional Director for the EU, and head of its Cyprus office. Kyriaki Iacovou joined BlackBull Markets to head its...
Revolut to deliver digital asset price data on Pyth Network
UK based neobank Revolut has announced that it is expanding its partnership with Pyth Network. Revolut stated that it is joining 100+ data publishers on the Pyth Network, delivering digital asset price data to power more than 80 blockchain ecosystems. By becoming a...
Inflationary pressures are rising in the Eurozone. Platinum prices have reached a seven-week high :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) decreased by 0.42%. The S&P 500 Index (US500) was down 1.11%. The Nasdaq Technology Index (US100) lost 1.78%. The US stocks closed lower on Tuesday as good economic data drove Treasury yields higher, dampening...
Exclusive: Nick Jay joins CFDs broker TIOMarkets as COO
FNG Exclusive… FNG has learned that Cyprus based executive Nick Jay has joined Retail FX and CFDs broker TIOMarkets, as Chief Operating Officer (COO). Nick Jay was one of a handful of experienced Retail FX and CFDs industry operatives who joined together to help...
Exclusive: PrimeXM relationship management head Stefan Popivoda leaves
FNG Exclusive… FNG has learned that Cyprus based industry executive Stefan Popivoda has left his position as Global Head of Relationship Management at MT4/MT5 broker tech, connectivity, and hosting solutions provider PrimeXM. Stefan Popivoda joined PrimeXM in 2019,...
CFDs broker Sky Links Capital employs Centroid tech to enhance trading experience
Newly established, Dubai based CFDs broker Sky Links Capital has announced a new strategic partnership with Centroid Solutions, a fintech provider renowned for its leading technology and infrastructure for capital markets. This collaboration aims to enhance the...
CySEC adds MarketsVox, 9 other brokers to unregulated warning list
The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors that the following websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities,...
Exclusive: Equiti Group hires DFM’s Navin Dsouza as COO of its Digital Assets & Gold unit
FNG Exclusive… FNG has learned that leading MENA based online brokerage firm Equiti Group has hired Navin Dsouza as Chief Operating Officer (COO) of its Digital Assets & Gold unit. Navin Dsouza joins Equiti Group from Dubai Financial Market (DFM), one of the UAE’s...
CFI integrates Tools for Brokers PAMM system, TFB Toolbox plugins
Tools for Brokers (TFB), an international technology provider for retail brokers, hedge funds, and prop trading firms, has announced a strategic partnership with CFI Financial Group, a leading global trading provider dedicated to offering traders and investors...
Acuity releases fully automated AI-powered trading signals
Acuity Trading has announced the launch of fully automated AI-powered trading signals, their latest innovation powered by Acuity’s proprietary AI technology. As an extension of Acuity’s AnalysisIQ product offering, this new feature gives clients the option to access...
FxPro implements tell.money antifraud solution on its BnkPro e-money app
Cyprus based Retail FX and CFDs broker FxPro has announced a new partnership with London based tell.money, to implement tell.money’s Confirmation of Payee (CoP) technology. This integration enhances security for BnkPro, the innovative Electronic Money Institution...
Andreas Andreou joins INGOT Brokers as CSO
FNG has learned that MENA focused Retail FX and CFDs broker INGOT Brokers has hired Andreas Andreou, as Chief Sales Officer (CSO). Andreas Andreou, who is based out of Dubai, is an experienced FX and CFDs industry executive who spent the past two years at online...
Exclusive: oneZero Financial head of partnerships Phil Weisberg departs
FNG Exclusive… FNG has learned that trading tech solutions provider oneZero Financial Systems has seen the departure of longtime executive Phil Weisberg. Phil Weisberg has been with oneZero since 2019, serving as the company’s EVP Strategic Planning and Partnerships....
eToro adds five cryptoassets to list of investment instruments
Online broker eToro has expanded the list of investment instruments via the addition of five cryptoassets. The latest additions are: $TRB: A decentralized oracle network ensuring reliable, community-verified data for smart contracts. $ETHFI: A DeFi platform bridging...
Cboe Global Markets partners with Metaurus Advisors on new US equity index
Derivatives and securities exchange network Cboe Global Markets, Inc and Metaurus Advisors, LLC, an asset management company focusing on financial innovation, today announced their collaboration on the Cboe U.S. Large-Mid Cap 100 Index (CEQX). The CEQX Index, which...
Fullerton Markets’ Sales and BizDev head Tim Sim leaves for MH Markets
FNG has learned that longtime Fullerton Markets executive Tim Sim has left the company, and joined rival offshore CFDs broker MH Markets, as its new Director of Global Sales. Based in Bangkok, Tim Sim spent the past nine years with Fullerton Markets, serving as both...
The Canadian dollar rose amid Trudeau’s resignation. The Mexican peso became one of the most dynamic currencies in 2024 :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) was down 0.06%. The S&P 500 Index (US500) added 0.55%. The Nasdaq Technology Index (US100) increased by 1.09%. The S&P 500 (US500) and Nasdaq (US100) indices gained thanks to gains in chipmakers and positive...
SEC obtains final judgment against former CEO of Slync
The Securities and Exchange Commission (SEC) has obtained a final judgment against Christopher S. Kirchner, the co-founder and former CEO of Slync, Inc., a privately-held Texas-based software company, whom the SEC previously charged for fraudulently offering and...
Markets ponder Trump tariff confusion :: InvestMacro
By ForexTimeTrump tariff remarks fan uncertaintyFXTM USDInd ↓ 1% this weekFed minutes next major risk eventWe are just a few days into 2025, and markets are buzzing with activity.FXTM’s USDInd has shed 1% this week with prices testing the 108.00 support. What is...
Chris Twort expands his role as Head of Trading across iSAM Securities
London based prime-of-prime broker and liquidity solutions provider iSAM Securities has announced the appointment of Chris Twort as the company’s new Head of Trading. With over 30 years of trading experience in the financial services industry, 10 years of which are...
AFM fines Saxo Bank €1.6M
The Netherlands Authority for the Financial Markets (AFM) has imposed three fines totalling €1.6 million on Saxo Bank A/S. The fines were imposed for violations by BinckBank N.V., a broker that offered online investment services and was acquired by Saxo Bank in 2019....
Leverate introduces ‘New Language Capabilities’ for CFD Brokerages and Prop Firms
Leading trading technology provider Leverate has unveiled its latest innovation: the ‘New Language Capabilities’ feature. Leverate said that this game-changing addition empowers CFD brokerages and prop firms to effortlessly expand their linguistic offerings and...
ATFX launches Q1 2025 Trader Magazine: Key Insights for a Volatile Year
As Q1 2025 begins, the global economy faces challenges from Trump’s return, central bank policies, and geopolitical shifts. Following a volatile 2024, Trump’s pro-business policies may drive growth in energy, finance, and technology, but tariffs and deregulation could...
Interactive Brokers updates IBKR Mobile app
Electronic trading major Interactive Brokers has recently updated the IBKR Mobile app. The following features were added to the app: Hot News The Hot News feed now includes articles that AI has tagged as important using categories such as “Management Changes” and...
Paysafe obtains payment institution license in Brazil
Global payments platform Paysafe (NYSE:PSFE) today announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution (PI) license. The license allows Paysafe to expand its payment partnerships with iGaming operators into Latin...
Sucden Financial opens office in Germany
Multi-asset execution, clearing and liquidity provider Sucden Financial today announced that it has opened a European office to meet the growing demand for its services. Sucden Financial Hamburg GmbH, a subsidiary of Sucden Financial Limited, is licensed by Germany’s...
FINRA fines International Assets Advisory for alleged reporting deficiencies
International Assets Advisory, LLC has agreed to a fine and a censure as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From May 2021 through July 2023, IAA failed to report approximately 290 transactions in Trade Reporting and...
CFTC secures $5M Court order against Gemini Trust Company
Judge Alvin K. Hellerstein of the New York Southern District Court has signed a consent order for permanent injunction and civil monetary penalty against Gemini Trust Company. The relevant order was entered on January 6, 2025. The order concerns an action brought by...
Exclusive: LCG loss ballooned to £6M in 2023 following move to Introducer model
FNG Exclusive… FNG has learned via regulatory filings that FCA licensed CFDs broker London Capital Group (or as it is more commonly referred to, LCG) saw a decline in Revenues and a large loss in 2023, as the company’s new management team transitioned the company to...
TradingView introduces Economic Charts – FX News Group
TradingView enables traders to dig deeper into the global economic trends with a brand-new section on TradingView – Economic Charts. TradingView users can explore detailed charts and maps of key economic indicators for major countries to understand trends in the...
Gold to retest record highs? :: InvestMacro
By ForexTime Gold ↑ 1% YTD, adding to 27% gain in 2024Less than 5% away from all-time highOver past year NFP has triggered moves of ↑ 0.8% & ↓ 0.9%Bloomberg FX model: 73% chance of $2611.66 – $2703.68 range next weekTechnical levels: $2620 & $2670Gold is...
Onbe appoints Sayid Shabeer as Chief Product Officer
Corporate payouts platform Onbe today announced the appointment of Sayid Shabeer as its new Chief Product Officer. Shabeer joins the company’s executive team reporting directly to CEO Bala Janakiraman, as Onbe deepens its focus on financial services and software...
Goldman Sachs outlined its projections for 2025. Vietnam’s inflation rose to a 4-month high :: InvestMacro
The Dow Jones (US30) added 0.80% on Friday (for the week -0.95%). The S&P 500 Index (US500) was up 1.26% (for the week -1.06%). The Nasdaq Technology Index (US100) was up 1.67% (for the week -1.42%). ISM data showed that US manufacturing orders rose more than...
Data from SIX Interbank Repo Market becomes available globally via MDDX
Data from the SIX Interbank Repo Market is now available globally via MDDX, the low-latency, real-time data feed of SIX Swiss Exchange. By integrating CO:RE trading platform into the MDDX feed of SIX Swiss Exchange, trading data becomes accessible to a broad audience...
ACY Securities expands Copy Trading to MT5 on its Tradingcup platform
Australia based Retail FX and CFDs broker ACY Securities has announced a significant upgrade to its copy trading service at Tradingcup. Starting January 2, 2025, clients and signal providers will gain full access to the MT5 trading platform, expanding the trading...
Interactive Brokers makes new Funds and Fund Families available at Mutual Fund Marketplace
Electronic trading major Interactive Brokers has expanded the list of investment instruments available via its Mutual Fund Marketplace. The latest additions include: Global Fund Families Allianz Global Inv (AE) ANDBANK SGIIC (ES) Artemis Fund Managers Limited (GB) AXA...
ATFX launches prop trading arm ATFunded
Leading global online trading provider ATFX has announced that it has formally launched its in-house prop trading offering, called ATFunded, at website atfunded.com. We had reported back in October that ATFX was planning to enter the prop trading space, with the new...
FCA cancels permission of Barkestone Associates (Wealth Management) to carry on regulated activities
The UK Financial Conduct Authority (FCA) has cancelled the permission of Barkestone Associates (Wealth Management) to carry on regulated activities. The Authority has taken this action because it considers that the firm is carrying on no regulated activity to which...
Eurex dividend options receive CFTC approval for trading in the US
Eurex has reached another milestone in providing global access to its markets. As of 6 January, Eurex can offer its successful dividend options directly to participants in the U.S. after receiving approval from the Commodity Futures Trading Commission (CFTC). Market...
Broadridge tech optimises Pemberton’s operational efficiencies
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Pemberton Capital Advisors LLP, a European private credit manager, has adopted Broadridge’s Sentry Private Credit Portfolio Management solution. Pemberton selected Broadridge’s...
Brokeree Social Trading integrates with cTrader
Brokeree Solutions, a global provider of technology solutions for multi-asset brokers, has announced that the company has expanded its multi-platform product portfolio by integrating its Social Trading solution with Spotware’s popular cTrader trading platform. cTrader...
Pepperstone inks multi-year sponsorship of Aston Martin Aramco F1
Leading Australia based Retail FX and CFDs brokerage group Pepperstone has announced a new, multi-year partnership with the Aston Martin Aramco Formula One Team, as their Official Global Trading Partner. The parties said that Pepperstone, well renowned for its...
TradingView adds spot and swap crypto data from KCEX
TradingView has added spot and swap crypto data from the KCEX exchange. Founded in 2021, KCEX is a cryptocurrency trading platform built on three core principles — user first, security foremost, and innovation-driven. The platform offers a diversified range of digital...
Binance suspends TROY (BSC) deposits
Binance suspended deposits for TROY (BSC) on January 2, 2025 due to a potential security issue involving the TROY-BEP20 token contract. Binance will cease support of the token on the BSC network to further protect its users. Binance says it is actively working to...
Saxo informs WL partners of change in Instrument Code for cash transfers
Multi-asset investment specialist Saxo Bank has informed its white label partners of changes in Instrument Code for cash transfers. From 15 March 2025, cash transfers executed via CMS API or via SaxoTools will be classified as CASHINTRTP as opposed to the current...
Ben Singleton, IC Markets General Manager, passes away at 45
Ben Singleton, who served as the General Manager of Australia based online trading firm IC Markets, passed away suddenly on December 24, aged 45. FNG had reported exclusively back in August that Ben Singleton had joined IC Markets as General Manager, and effective...
Xetra-Gold ends 2024 with lower holdings
The gold holdings of the exchange-traded bearer bond Xetra-Gold (ISIN: DE000A0S9GB0) decreased to 166.5 tons at the end of 2024. This is about 32 tons less than at the end of 2023, when they stood at 198.7 tons. While gold holdings have declined, the price of gold has...
Institutional FX trading volumes slow 13% in December to close out strong 2024
Closing out a fairly active 2024 for institutional FX trading, December saw a 12.8% month-over-month decline in average trading volumes at leading eFX venues surveyed by FNG – which is not unusual given that much of late December is (almost) always quiet in the...
FINRA imposes $250k fine on BofA Securities
BofA Securities, Inc has agreed to pay a fine of $250,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From October 2021 through June 2023, BofA Securities failed to timely report approximately 5,200 transactions to the Trade...
Swissquote introduces Swissquote Cancer Fighters Index
Switzerland-based online banking and trading company Swissquote (SWX:SQN) has launched the Swissquote Cancer Fighters Index. The Swissquote Cancer Fighters Index is a strategic collection of leading companies advancing oncology through cutting-edge technologies and...
Interactive Brokers registers 66% Y/Y rise in DARTs in December 2024
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for December 2024. The brokerage registered 3.267 million Daily Average Revenue Trades (DARTs) in December 2024, 66% higher than in December 2023 and 1%...
Inflationary pressures are easing in Indonesia. Oil prices rise amid falling inventories :: InvestMacro
On the last day of 2024, the Dow Jones Index (US30) was down 0.07% (for 2024 +12.80%). The S&P 500 Index (US500) fell by 0.43% (for 2024 +24.01%). The Nasdaq Technology Index (US100) decreased by 0.87% (for 2024 +27.01%). In the US, markets are awaiting Friday’s...
XTB Chairman Jan Byrski resigns
Poland based Retail FX and CFDs broker XTB SA (WSE:XTB) has announced that the company’s Chairman of the Supervisory Board (equivalent to the position of non executive Chairman of the Board of Directors), Jan Byrski, is stepping down from the board effective January...
What does 2025 hold for interest rates, inflation and the American consumer? :: InvestMacro
By D. Brian Blank, Mississippi State University and Brandy Hadley, Appalachian State University Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information....
Binance secures approval from Central Bank of Brazil for acquisition of Sim;paul
Binance has recently secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Brazil. By receiving full approval for the takeover of Sim;paul – a licensed broker-dealer authorized to distribute securities and to...
Cboe Exchange fines X-Change Financial Access, floor broker
X-Change Financial Access, LLC (XCHG) has reached a settlement of alleged Cboe Exchange rule violations. The settlement envisages a censure and a joint and several monetary fine with Brian Brown, a former X-Change Financial Access, LLC Floor Broker, in the amount of...
HK regulator secures first conviction against solicitor for breaching secrecy provision
A Hong Kong practicing solicitor, Mr Tse Yin Fung, was convicted today at the Eastern Magistrates’ Courts for violating the secrecy provision under the Securities and Futures Ordinance (SFO) following a prosecution brought by the Securities and Futures Commission...
Exclusive: Freetrade co-founder Davide Fioranelli returns as a Non-Exec Director
FNG Exclusive… FNG has learned that Freetrade co-founder Davide Fioranelli has returned following to the company following a four year absence, re-joining Freetrade’s board as a Non-Executive Director. Davide Fioranelli co-founded the UK-based neobroker alongside Adam...
DRW Investments to pay disgorgement of $465k for alleged CBOT rule violations
International derivatives marketplace CME Group has published a notice of disciplinary action against DRW Investments LLC. Pursuant to an offer of settlement in which DRW Investments LLC neither admitted nor denied the rule violations or factual findings upon which...
Clive Kahn assumes CEO position at Alpha Group International
Alpha Group International plc, a high-tech, high-touch provider of financial solutions to corporates and institutions, today confirmed that Clive Kahn has assumed the position of CEO of Alpha Group International plc, with effect from 1 January 2025. Clive Kahn’s...
Interactive Brokers adds more products from CME Group, HKEX
Electronic trading major Interactive Brokers has expanded the list of its investment products. The new additions include products from CME Group and HKEX. The latest products available at IBKR include: Henry Hub Natural Gas Weekly Futures (HHW) Bloomberg Credit Index...
GSTechnologies completes acquisition of CAKE
GSTechnologies Limited (LON:GST) today announced the successful completion of the acquisition of the business and assets of Cake Pte Ltd and Cake DeFi UAB, including the Bake Cryptocurrency Platform. GS Fintech UAB, a wholly owned subsidiary of GST, has paid the cash...
Exclusive: Nick Spencer-Skeen to head APM Capital UK (formerly BUX)
FNG Exclusive… FNG has learned that UAE based CFDs brokerage APM Capital has taken the next step in rebuilding the FCA licensed BUX UK brokerage it acquired in mid 2024, naming its Dubai based Senior Executive Officer, Nick Spencer-Skeen, as Executive Director at its...
An AI system has reached human level on a test for ‘general intelligence’. Here’s what that means :: InvestMacro
By Michael Timothy Bennett, Australian National University and Elija Perrier, Stanford University A new artificial intelligence (AI) model has just achieved human-level results on a test designed to measure “general intelligence”.On December 20, OpenAI’s o3 system...
NASA’s micro-mission Lunar Trailblazer will make macro-measurements of the lunar surface in 2025 :: InvestMacro
By César León Jr., Washington University in St. Louis NASA’s upcoming Artemis II mission is slated to return astronauts to the Moon no sooner than April 2026. Astronauts were last on the Moon in 1972 during the Apollo 17 mission.Artemis II will utilize NASA’s Space...
Size, guardrails and steps toward AI agents :: InvestMacro
I research the intersection of artificial intelligence, natural language processing and human reasoning as the director of the Advancing Human and Machine Reasoning lab at the University of South Florida. I am also commercializing this research in an AI startup that...
Oil and gas prices are rising on the back of another decline in inventories. :: InvestMacro
As of Friday, the Dow Jones (US30) decreased by 0.77% (for the week +1.65%). The S&P500 Index (US500) was down 1.11% (for the week +2.21%). The Nasdaq Technology Index (US100) fell by 1.36% (for the week +2.55%). The major Wall Street indices fell sharply in...
Jefferies gets a slap on the wrist for alleged violations of FINRA rules
Jefferies LLC has agreed to pay a $37,200 fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From at least January 2018 through September 2022, Jefferies’s supervisory system, including written supervisory procedures, was not...
Exclusive: Kama Capital names Mohammed Omayer as Head of Compliance
FNG Exclusive… FNG has learned that MENA focused Retail FX and CFDs broker Kama Capital has named experienced industry executive Mohammed Omayer as its new Head of Compliance. Mohammed Omayer joined Kama Capital in Dubai late last year as a Compliance Officer. Prior...
Saxo enhances User Admin tool in SaxoPartnerConnect
Multi-asset investment specialist Saxo Bank has updated the User Admin tool in SaxoPartnerConnect (SPC). To ensure the User Admin tool aligns with compliance requirements, the following enhancements have been implemented. Introduction of mandatory fields for user...
Top FX and CFD trading industry news stories of 2024
2024 – what a year! Volatility returned to the financial world, thanks (in part) to the return of Donald Trump to power in the US, alongside his love for crypto, and for shaking up international commerce and markets. Healthy volatility led to record trading volumes...
BBVA establishes Analytics Transformation Unit
BBVA has established its Analytics Transformation Unit. This new initiative combines generative AI with predictive AI to leverage historical data to forecast future trends and create greater added value for both the business and its customers. The Analytics...
The RBA may go for a rate cut in February. New Zealand dollar is falling amid recession in the economy and RBNZ’s dovish stance :: InvestMacro
At Thursday’s close, the Dow Jones Index (US30) was up 0.07%. The S&P 500 Index (US500) was down 0.04%. The Nasdaq Technology Index (US100) lost 0.13%. The three major indices closed subdued on the day after the Christmas holiday. Markets remained subdued as they...
FINRA imposes $3M fine on J.P. Morgan Securities
J.P. Morgan Securities LLC has agreed to pay a fine of $3 million as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From June 2008 to August 2024, JPMS inaccurately reported approximately 820,000 short interest positions involving...
MUFG Bank announces reorganization of overseas securities entities
MUFG Bank and Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD) today announced that MUFG Bank will acquire 100% of shares of the following overseas securities subsidiaries: MUFG Securities EMEA plc, MUFG Securities Asia Limited, and MUFG Securities (Canada), Ltd....
HK regulator reprimands and fines Ever-Long Securities Company for sponsor failures
The Securities and Futures Commission (SFC) of Hong Kong has reprimanded and fined Ever-Long Securities Company Limited $3 million for failing to discharge its duties as the sole sponsor in the application of Coastal Corporation Limited in 2016 to list on the Growth...
TradingView enables currency selection for Short and Long Position tools
TradingView keeps on improving its drawing tools, and it has introduced a new feature that allows traders to select a currency for Long and Short Position tools. The new feature aims to facilitate analysis and save precious time. TradingView users can calculate the...
Cboe Silexx enhances Order Manager, Multi Ticket
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 24.11. Order Manager | Display Post and Station Post and Station can now be displayed on the...
Bitcoin and Yen traders brace for Dec. 27 volatility :: InvestMacro
By ForexTimeDec 27th: Japan set to release key economic data and BoJ summary of opinionsBloomberg model: USDJPY to trade between 155.5 – 159.0 through Jan 2ndDec 27th: Bitcoin faces historic options expiry event, worth over US$14.5 billionSome Bitcoin bulls betting...
France’s AMF warns of rising crypto and financial scams
France’s financial regulator Autorité des Marchés Financiers (AMF) has announced that the authorities are taking action to combat the massive phenomenon of financial scams catching out an increasing number of individuals. The Paris Public Prosecutor’s Office, the AMF,...
Exclusive: ADSS institutional sales director Hasan Hamd departs
FNG Exclusive… FNG has learned that longtime ADSS executive Hasan Hamd has left the company. Hasan Hamd first joined the UAE based Retail FX and CFDs broker, earlier known as ADS Securities, back in 2014 as a Vice President, and was promoted in 2022 to the position of...
Robinhood UK adding Options trading (but not yet Crypto) in 2025
US based neobroker Robinhood (NASDAQ:HOOD) seems to have international expansion near the top of its priorities as we head into 2025. Jordan Sinclair Jordan Sinclair, President of Robinhood UK, indicated in a year-end interview with Yahoo Finance that the company was...
Canadian dollar declines after weak GDP data. Qatar threatens EU to halt natural gas exports :: InvestMacro
At Monday’s close, the Dow Jones Index (US30) was up 0.16%. The S&P 500 Index (US500) added 0.73%. The Nasdaq Technology Index (US100) jumped by 1.01%. Stocks rose on Monday thanks to gains in technology and chip companies’ share prices, with Nvidia up 3% and...
Deriv’s Prakash Bhudia on Tactical Indices Trading
FNG Exclusive Interview… FNG is pleased to speak today with Prakash Bhudia, Head of Product and Growth at leading online broker Deriv, about how Deriv is revolutionizing online trading with groundbreaking tactical indices. FNG: Hi Prakash, and thanks for joining us...
SEC files charges against Dolphin Associates III and Donald Netter
The Securities and Exchange Commission (SEC) today filed charges against Connecticut-based Dolphin Associates III, LLC, and its principal, Donald T. Netter. The SEC’s complaint charges Dolphin and Netter with improperly withholding withdrawals from a private fund that...
TradingView adds futures, indices, and spot data from ICE Endex
TradingView has expanded its data offerings to include more instruments. With its latest integration, TradingView users can explore futures, indices, and spot data from ICE Endex, a major energy exchange in continental Europe. ICE Endex, part of the Intercontinental...
Goldman Sachs has updated its economic projections for 2025. EU countries are looking for alternative sources of natural gas :: InvestMacro
At the end of Friday, the Dow Jones Index (US30) was up 1.18% (for the week -2.25%). The S&P 500 Index (US500) gained 1.09% (for the week -2.19%). The Nasdaq Technology Index (US100) increased by 0.85% (for the week -2.75%). Friday’s rally followed...
Fiserv to acquire Payfare – FX News Group
Global provider of payments and financial services technology Fiserv, Inc. (NYSE:FI) today announced it has entered into a definitive agreement to acquire Payfare Inc. (TSX:PAY), a provider of program management solutions with a particular focus on new economy...
SFC bans responsible officer of Agg. Asset Management for life
The Securities and Futures Commission (SFC) of Hong Kong has banned Mr Ng Ka Shun, responsible officer (RO) of Agg. Asset Management Limited, for life and fined him $1.7 million for window-dressing Agg’s financial resources and mismanaging two funds. The SFC found...
Sanlam provides court enforceable undertaking to ASIC
The Australian arm of South African financial services conglomerate Sanlam Group will need to have its compliance processes reviewed by an independent expert after it admitted to breaching its licensee obligations and provided a court enforceable undertaking (CEU) to...
Westpac New Zealand admits to misleading representations leading to $6.35M in overcharges
Westpac New Zealand Limited has admitted to misleading customers entitled to advertised discounts as well as overcharging some of its business customers. Westpac made the admissions in civil proceedings brought by the Financial Markets Authority (FMA) at the High...
Japanese regulator lodges criminal complaint against former employee of Tokyo Stock Exchange
The Japanese Securities and Exchange Surveillance Commission (SESC) today announced that it has lodged a criminal complaint against a former employee of Tokyo Stock Exchange, Inc., a subsidiary of Japan Exchange Group, Inc. (JPX), to the Tokyo District Public...
US Dollar Index Speculator bets rise for 1st time in 7 weeks, AUD bets plunge :: 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 December 17th and shows a quick view of how large market...
FX week in review: Tyson Fury and PSG get CFD broker sponsors, cTrader Store opens, Scope Markets hires
Which Retail FX and CFDs brokers attached their names as sponsors to boxer Tyson Fury, and French football club PSG? What is Spotware’s new cTrader Store all about? Which senior hires were made by broker Scope Markets, outside of its core European hub? Some of the...
Speculator Bets led by Live Cattle, Lean Hogs & Coffee :: 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 December 17th and shows a quick view of how large...
Speculator Bets led lower by Gold, 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 December 17th and shows a quick view of how large traders...
New Zealand Dollar, Euro & CAD 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 December 17th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Speculator Bets led by SOFR 3-Months & 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 December 17th and shows a quick view of how large...
Speculator Bets led by S&P500 & Russell-2000 :: 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 December 17th and shows a quick view of how large traders...
Mastercard closes acquisition of Recorded Future
Mastercard (NYSE:MA) has completed its acquisition of global threat intelligence company Recorded Future. The deal, initially announced in September 2024, values Recorded Future at $2.65 billion. “As the world becomes more digitized, there’s an increased focus on...
Tai Mo Shan to pay $123M for misleading investors about stability of Terra USD
The Securities and Exchange Commission (SEC) has charged Tai Mo Shan Limited with misleading investors about the stability of Terra USD (UST), a purported “algorithmic stablecoin” issued by Terraform Labs PTE Ltd., when UST dropped from its purportedly fixed exchange...
USD and China in Focus :: InvestMacro
By RoboForex Analytical DepartmentBrent crude oil prices fell below 73 USD per barrel on Friday, reflecting ongoing downward pressure. The market is poised to close the week with losses as a robust US dollar weighs heavily on commodity prices.This week, the US Federal...
Argentina’s soaring poverty levels don’t seem to be hurting president Javier Milei – but the honeymoon could be over :: InvestMacro
By Nicolas Forsans, University of Essex Argentina, a nation once ranked among the wealthiest in the world, has found itself grappling with severe economic challenges over the past 25 years. Then, one year ago, provocative libertarian economist Javier Milei was...
Deutsche Bank Securities to pay $4M to settle SEC charges for untimely filing certain SARs
The Securities and Exchange Commission (SEC) today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed...
Riksbank and Banxico cut interest rates by 0.25%. BoE, Norges Bank, and PBoC left rates unchanged :: InvestMacro
At the end of Thursday, the Dow Jones Index (US30) was up 0.04%. The S&P 500 Index (US500) decreased 0.09%. The Nasdaq Technology Index (US100) lost 0.47%. The US economic reports released on Thursday were mostly stronger than expected and pushed bond yields to a...
Wells Fargo and LPL Financial agree to pay $900k civil penalty to resolve SEC charges
The Securities and Exchange Commission (SEC) today announced settled charges against Wells Fargo Clearing Services LLC and LPL Financial LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Wells Fargo...
US500 “Santa Rally” still in play? :: InvestMacro
US500 ↑ 23% year-to-dateDecember: Produced returns 70% of time since 1995Gained on average 1% in December over past 30 yearsPrices bearish on D1 but RSI oversoldTechnical levels: 21-Day SMA,5900 & 100-day SMAFXTM’s US500, which tracks the benchmark S&P 500...
ASIC suspends licence of Equitise
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services (AFS) licence of Equtise Pty Ltd until 10 February 2025. The AFS licence was suspended because Equitise is under external administration. On 31 October 2024,...
Doo Financial adds offshore licenses in BVI and Cayman Islands
Singapore based online brokerage firm Doo Group has announced that entities operating under its Doo Financial online brokerage brand have received new licenses from the British Virgin Islands Financial Services Commission (BVI FSC), and the Cayman Islands Monetary...
Aquis shareholders vote in favor of proposed acquisition by SIX
Aquis has announced the results of the Court Meeting and General Meeting held earlier today in connection with the proposed acquisition by SIX. On 11 November 2024, the boards of directors of Aquis and SIX announced that they had reached agreement on the terms of a...
NZ regulator files civil proceedings against InvestNow
The Financial Markets Authority (FMA) of New Zealand has filed civil proceedings against InvestNow Saving and Investment Service Ltd, which trades as InvestNow, for alleged breaches of the Anti-Money Laundering and Countering of Terrorism Act 2009 (AML/CFT Act). The...
Seaport Global Securities to pay $125k fine for alleged FINRA rule violations
Seaport Global Securities LLC has agreed to pay a fine of $125,000 as a part of a settlement with Financial Industry Regulatory Authority (FINRA). From at least March 2020 to the present, Seaport maintained an options trading desk, which received options orders from...
Saxo Bank enhances SaxoPartnerConnect – FX News Group
Multi-asset investment specialist Saxo Bank has made several updates and enhancements to SaxoPartnerConnect (SPC). Enhanced Client screener with new filters The Client screener has been updated with new filters that enable you to screen for restricted clients more...
Sucden Financial Hamburg to commence trading as Category 4 member of LME on Jan 2, 2025
Sucden Financial Hamburg GmbH will commence trading with effect from January 2, 2025 as a Category 4 member of The London Metal Exchange (LME). Sucden Financial Hamburg GmbH has appointed Sucden Financial Limited (SFL) as its administrative clearer for the purposes of...
Australia court: Clients at USGFX reps EuropeFX and TradeFred lost $83M
Australia financial regulator ASIC has reported that the Australia Federal Court has unveiled another side of the bankruptcy of former AFS licensed CFDs broker USGFX, indicating that the “unconscionable conduct” that led to the demise of USGFX went well beyond its own...
Exclusive: Scope Markets hires Doo Prime exec George Maher for BizDev MENA
FNG Exclusive… FNG has learned that Retail FX and CFDs broker Scope Markets has hired Dubai based executive George Maher, as Business Development Team Leader – MENA. In his new role, George will be responsible for expanding the MENA sales team at Scope Markets and...
Fxview operator Charlgate fined €50K around protection of client funds, order execution
Cyprus financial regulator CySEC has announced that a settlement has been reached with the licensed CIF Charlgate Ltd for possible violations of Investment Services and Activities and Regulated Markets Law of 2017, as amended (“the Law”). Charlgate Ltd operates the...
tastytrade now has direct trading integration with TradingView
Online brokerage firm tastytrade, Inc announced today that it now has a direct trading integration with the TradingView platform. Customers with a tastytrade account can now seamlessly connect to TradingView to enhance their trading experience with best-in-class...
CLS welcomes NYK Line to CLSSettlement as third-party participant
NYK Line, a global shipping and logistics company in Japan, has gained access to CLSSettlement as a third-party participant. By participating in CLSSettlement, NYK Line can access the highest standards of FX settlement risk mitigation while also benefiting from...
The Problem is the US Dollar and Local GDP :: InvestMacro
By RoboForex Analytical DepartmentNZD/USD has dropped to its lowest level since October 2022, trading around 0.5620. The currency pair is under pressure from two major factors: the strengthening US dollar and New Zealand’s weak domestic economic data.The primary...
Italy’s CONSOB blocks access to six websites, total reaches 1,200
Italy’s Companies and Exchange Commission (CONSOB) has issued orders for the blocking of access to six unauthorised investment websites. The websites targeted by the latest orders are: “Lemintero” (website www.lemintero.com); “Asteo Trade” (website...
Market round-up: BoE & BoJ hold, Fed delivers ‘hawkish’ cut
By ForexTime BoE keeps ‘gradual’ cut prospects alive Dovish BoJ sends Yen into intervention zone Fed signals slower pace of cuts in 2025 Sterling slipped on Thursday after the Bank of England kept rates unchanged. Prices dipped toward 1.2600 as investors reacted to...
Interactive Brokers introduces significant enhancements to its web-based Advisor Portal
Electronic trading major Interactive Brokers Group Inc (NASDAQ:IBKR) has introduced significant enhancements to its web-based Advisor Portal, bringing advanced trading and portfolio management tools to financial advisors worldwide. These updates streamline client...
The US Federal Reserve cut rates by 0.25% but signaled a more hawkish approach next year. :: InvestMacro
At Wednesday’s close, the Dow Jones Index (US30) was down 2.58%. The S&P 500 Index (US500) fell by 2.95%. The Nasdaq Technology Index (US100) lost 3.60%. The US stocks fell on Wednesday as the Federal Reserve cut interest rates by 25 bps but signaled fewer cuts...
CFI launches “Trading Transparency+” program
CFI Financial Group, the region’s leading online trading provider, has announced the launch of its pioneering program, “Trading Transparency+: Empowering Awareness and Clarity in Trading.” This initiative aims to tackle misinformation and market noise, helping...
Devexperts opening Dubai office – FX News Group
Leading trading technology provider Devexperts has announced plans to open an office in Dubai. The move comes as the company looks to expand its presence in the MENA region. Devexperts has been developing software for the capital markets since 2002. The company’s core...
Robinhood adds ex DoorDash President Christopher Payne to its Board
US neobroker Robinhood (NASDAQ:HOOD) has announced that Christopher Payne has joined Robinhood Markets’ Board of Directors. With more than three decades of business experience, Christopher brings a deep understanding of digital platforms. Having previously served as...
FD Technologies announces tender offer to return up to £120M to shareholders
FD Technologies plc (LON:FDP) today announced a proposed tender offer to return up to £120 million to shareholders. FD Technologies had earlier stated its intention to return up to £120 million to shareholders following completion of the disposal of the First...
FCA apologises to Collateral investors
The UK Financial Conduct Authority (FCA) has called for people who have invested in fraudulent peer-to-peer firm Collateral to come forward to the regulator so they can receive an apology. If you invested in Collateral and haven’t complained yet, fill out the...
AI agents promise to lighten your purchasing load − if they can earn your trust :: InvestMacro
By Tamilla Triantoro, Quinnipiac University Online shopping often involves endless options and fleeting discounts. A single search for running shoes can yield hundreds of results across multiple platforms, each promising the “best deal.” The holiday season brings...
HK regulator warns public of Alpha Advice’s unauthorised ads
The Securities and Futures Commission (SFC) of Hong Kong today issued a warning against Facebook advertisements paid by Alpha Advice in relation to a suspicious investment product “Litigation Asset-Backed Notes” or “90-Day Notes”. The Facebook advertisements for...
Sweden is a nearly cashless society – here’s how it affects people who are left out :: InvestMacro
By Moa Petersén, Lund University and Lena Halldenius, Lund University Around the world, cards and apps are the default way to pay – but nowhere is the transition away from cash more obvious than in Sweden. The Bank of Sweden notes that the amount of cash in...
TradingView introduces crypto analysis tool DEX Screener
TradingView has introduced the latest addition to its crypto asset product suite — the DEX Screener. This new tool complements the existing Crypto Coins Screener, enabling traders to analyze not only individual cryptocurrencies but also trading pairs on decentralized...
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits :: InvestMacro
By Christine P. Bartholomew, University at Buffalo Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined...
FCA charges principal partner at WealthTek with nine criminal offences
The UK Financial Conduct Authority (FCA) has charged John Dance with nine criminal offences, including multiple counts of fraud and money laundering. John Dance was principal partner at WealthTek LLP (formerly known as Vertus Asset Management LLP), a wealth management...
Worldline introduces FlexPricing – FX News Group
FlexPricing is now available on Worldline North America’s payment platform, increasing ISVs’ revenue-sharing profits and adding pricing flexibility. Payment services provider Worldline today announced the launch of FlexPricing, a feature designed specifically for...
Scope Markets hires Exinity/Hantec alum Dun Li as Head of Asia
Retail FX and CFDs broker Scope Markets has announced the appointment of Dun Li as Head of Asia. With the role based in Bangkok, Dun will help spearhead the company’s growth ambitions across South East Asia. Dun Li has extensive experience of the FX and CFD trading...
OptionMetrics releases IvyDB Futures 3.0 database covering European and US futures options
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, today announced the release of its new IvyDB Futures database with historical futures option pricing data for US and European futures. The...
The Dow Jones has fallen for 9 consecutive trading sessions. Inflationary pressures are easing in Canada. :: InvestMacro
As of Tuesday’s close, the Dow Jones Index (US30) was down -0.61%, extending its losing streak to nine sessions. The S&P500 index (US500) was down -0.39%. The Nasdaq Technology Index (US100) lost -0.43%. The US stocks declined on Tuesday as markets refrained from...
CySEC fines Pruden Ventures Capital
The Board of the Cyprus Securities and Exchange Commission (CySEC) announced today the imposition of a fine of €20,000 on Cyprus investment firm (CIF) Pruden Ventures Capital Ltd. The regulatory decision was made at meetings of the CySEC Board held on November 4, 2024...
Gold Holds Steady as Investors Await Federal Reserve’s Rate Decision :: InvestMacro
By RoboForex Analytical DepartmentGold prices are hovering around 2,650 USD per troy ounce as investors remain cautious, conserving their energy for a potential move depending on the US Federal Reserve’s rate decision later tonight. The predominant market expectation...
Broadridge announces new partnership with CCRI
A new collaboration between the Crypto Carbon Ratings Institute (CCRI) and Broadridge Financial Solutions, Inc. (NYSE:BR) aims to deliver an integrated communications, data, and disclosure generation platform to help companies operating in Europe, including exchanges,...
Doo Financial adds Indonesia license after Prima Tangguharta Futures acquisition
Singapore based online brokerage firm Doo Group has announced that PT Doo Financial Futures, an entity under its Doo Financial brand, has obtained regulatory licenses issued by the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI) (Futures Brokerage...
LSEG announces launch of Historical Analytics available through Snowflake
London Stock Exchange Group (LSEG) today announced the launch of Historical Analytics available through Snowflake. The Historical Analytics offering combines LSEG’s Pricing Services with Yield Book Analytics to provide pricing information for over 2.9 million bonds...
Hantec Markets launches new Affiliate Program with Cellxpert
Global trading broker Hantec Markets has announced that the company has launched an end-to-end Affiliate Program, in collaboration with affiliate system provider Cellxpert. This strategic partnership brings cutting-edge tools and enhanced features to support the...
FCA survey finds two-thirds of young investors make important decisions in a matter of hours
The UK Financial Conduct Authority (FCA) today published key findings from a survey that polled 2,000 UK investors aged 18 to 40. The research reveals that young investors are making important investment decisions in a matter of hours, rather than taking the time to...
Liquidnet announces record-breaking year for VWAP Cross solution and expansion into the Philippines
Liquidnet, a technology-driven agency execution specialist, today announced a record-breaking year for its VWAP Cross solution, achieving a 75% year-over-year increase in daily principal traded, and strategic expansion into the Philippines. Launched in 2022 in Hong...
NinjaTrader releases Version 8.1.4.0 of NinjaTrader platform
NinjaTrader Version 8.1.4.0 is available for download. The latest release comes with a raft of enhancements, including ones concerning charts. Order Flow + Price On Volume (POV) chart type With the Price On Volume chart you can easily see the volume distribution per...
HKEX announces launch of HKEX Data Marketplace
Hong Kong Exchanges and Clearing Limited (HKEX) today announced the launch of the HKEX Data Marketplace, a web-based platform that offers data users a more intuitive experience in accessing HKEX’s historical and reference data. The new platform will feature a modern...
CFI sponsors leading cricket team MI Cape Town
CFI Financial Group, a leading global provider of online trading services, has announced its Associate Partnership as the Official Online Trading Partner of MI Cape Town, one of the most prestigious teams in world cricket. This collaboration marks another milestone in...
Stablecoin payments platform provider BVNK raises $50M
London based crypto payments company BVNK has announced that it has raised USD $50 million in a Series B funding round, to fuel the next phase of its growth, powering stablecoin payments for businesses worldwide. The company also unveiled plans to expand into the US...
EUR/USD Holds Steady Ahead of Crucial Federal Reserve Meeting :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair is trading neutrally around 1.0510 as market participants adopt a cautious stance ahead of the Federal Reserve’s upcoming decision on interest rates. With the December meeting set to begin tonight and conclude...
European indices under pressure amid political and economic weakness in the main countries of the bloc :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) declined by 0.25%. The S&P 500 Index (US500) added 0.38%. The Nasdaq Technology Index (US100) was up 1.45%. Top gainers included Alphabet (+4.4%), Tesla (+5.1%), and Broadcom, which soared after its market value...
Bitcoin “Santa Rally” coming to town? :: InvestMacro
Bitcoin ↑ 152% since start of 2024Over past year Fed triggered moves of ↑ 3.4% & ↓ 3%Gained on average 11.30% in December over past 15 yearsTechnical levels – $110,000, $107,000 & $100,000Christmas may have come early for investors after Bitcoin surpassed...
Exclusive: Trive International CEO Vladimir Syrov leaves to start Zeholding
FNG Exclusive… FNG has learned that Cyprus based executive Vladimir Syrov has left his position with Retail FX and CFDs broker Trive (formerly known as GKFX), to start a new investment company called Zeholding. Zeholding is being co-founded with Bayu Saputro, an...
Exclusive: FlowBank liquidators repay 91% of secured deposits, LCG still for sale
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 indicating that it has been successful in returning the vast majority of funds to those...
FCA sets rules for new private stock market PISCES
UK financial regulator The FCA has announced that it is consulting on a new private stock market. Proposals for a new platform – The Private Intermittent Securities and Capital Exchange System, or PISCES – on which shares in private companies will be bought and sold,...
PSG gets CFDs sponsor in offshore broker Culture Capital
Asia focused offshore Retail FX and CFDs broker Culture Capital has announced that it has signed with Paris Saint-Germain (PSG) to become an official partner of the club. The deal – Culture Capital’s first sports sponsorship – confirms the platform as the French...
Gold-i’s Tom Higgins on where growth’s coming from after 16 years in business
FNG Exclusive Interview… Gold-i, one of the original technology innovators in the online trading industry, celebrated its 16-year anniversary this year. We talked to founder and CEO Tom Higgins about the tech firm’s successes, company culture, growth plans and...
Spotware launches cTrader Store – FX News Group
Leading trading technology provider Spotware, developer of the cTrader trading platform, has announced that it has launched cTrader Store at website store.ctrader.com. cTrader Store is a dynamic marketplace designed to enable algo creators to monetise their plugins,...
Interactive Brokers adds new tools and features to IBKR Desktop trading platform
Electronic trading major Interactive Brokers (NASDAQ:IBKR) has announced updates to the IBKR Desktop trading platform. The most recent updates include: Options Tools: Options Wizard: Identify options strategies that match a market outlook. Option Chain in Custom...
FCA bans Richard Fenech and Heather Dunne from working in financial services
The UK Financial Conduct Authority (FCA) has decided to ban Mr Richard Fenech and Ms Heather Dunne from working in financial services and fine them £270,646 and £399,817 respectively. The FCA found that the pair operated a flawed advice model that put customers’...
Canadian dollar falls to a four-year low. France loses credit rating :: InvestMacro
At the end of Friday, the Dow Jones (US30) Index was down 0.20% (for the week -1.83%). The S&P 500 Index (US500) closed unchanged (for the week -0.52%). The Nasdaq Technology Index (US100) was up 0.76% (for the week +0.96%). The Nasdaq Technology Index hit a new...
Broadridge appoints Ashima Ghei as CFO
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the Broadridge Board of Directors has appointed Ashima Ghei as the Company’s Chief Financial Officer (CFO), effective immediately. Ghei has led Broadridge’s global Finance team as Interim CFO since...
Japanese Yen Hits Three-Week Low as Bank of Japan Holds Rate Steady :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the Bank of Japan (BoJ) will maintain its current interest rate level and continue its pause on monetary...
XTB sponsors Tyson Fury in Oleksandr Usyk rematch bout
Poland based Retail FX and CFDs broker XTB (WSE:XTB) has announced that it is joining forces with Tyson Fury, for a highly anticipated rematch in what promises to be the biggest heavyweight showdown in boxing history. Fury is set to face Oleksandr Usyk in a rematch of...
Saxo reminds white label partners of requirement to sign new data protection agreements
Multi-asset investment specialist Saxo Bank has informed its white label partners of a requirement to sign new data protection agreements. WLs will need to sign an updated data protection agreement with Saxo if they, as Saxo white label partners, have onboarded...
Deutsche Börse provides 360T data for FX swaps via Bloomberg B-PIPE
Deutsche Börse’s 360T Data Feed is now available via Bloomberg’s real-time market data feed, B-PIPE, and the Bloomberg Terminal, with direct licensing through Deutsche Börse Market Data + Services. To date, customers had to use the 360T API or Deutsche Börse CEF Feed...
HKEX’s OTC Clear to accept China Govt Bonds as collateral for Northbound Swap Connect
Hong Kong Exchanges and Clearing Limited (HKEX) announces that its clearing subsidiary, OTC Clearing Hong Kong Limited (OTC Clear), will allow offshore investors to use China Government Bonds and Policy Bank Bonds held through Bond Connect as collateral for Northbound...
FCA sets plans to improve transparency of UK crypto markets
UK financial regulator The FCA has taken its next steps to set crypto market and trading regulation in the UK, announcing that it is seeking feedback on plans to improve the transparency of the UK’s crypto markets. We recently reported that FCA research shows that...
ASIC takes HSBC Australia to Court for alleged failures to protect customers from scams
The Australian Securities and Investments Commission (ASIC) is suing HSBC Bank Australia Limited for failures to adequately protect customers from scams. According to documents filed by ASIC in the Federal Court today, HSBC Australia failed to protects customers from...
Tauro Markets promotes Marc Suárez to Head of Marketing
FNG has learned that newly formed Retail FX and CFDs broker Tauro Markets has promoted Marc Suárez to the position of Head of Marketing. Marc Suárez is an experienced marketing executive, who joined Tauro Markets back in October as Marketing Manager, as was...
Nomura Securities issues statement on action by Osaka Exchange and Tokyo Stock Exchange
Osaka Exchange, Inc. (OSE) today issued a fine of 60 million yen against Nomura Securities Co., Ltd. for Japanese government bond futures transactions conducted in March 2021. The OSE also announced the suspension of Nomura Securities’ proprietary trading of...
Weekly Speculator Changes 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 December 10th and shows a quick view of how large...
Speculator Changes led by SOFR 3M & 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 December 10th and shows a quick view of how large...
Currency Speculators push New Zealand Dollar bets to lowest level since 2019 :: 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 December 10th and shows a quick view of how large market...
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 December 10th and shows a quick view of how large traders...
Lean Hogs & Nasdaq 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 December 10th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Speculator bets 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 December 10th and shows a quick view of how large traders...
FX week in review: eToro IPO plans, Forex.com founder leaves, SelfWealth deal, BankPro launch
Who did social trading focused online broker eToro hire to lead its IPO? Where will eToro go public? Valuation? Which founder, and longtime CEO of the Forex.com and City Index brands, is leaving the company after more than 20 years at the helm? Who emerged victorious...
Gold Prices Recovered, But Future Hinges on USD Trends :: InvestMacro
By RoboForex Analytical Department Gold prices stabilised around 2,690.00 USD per troy ounce on Friday. The quotes fell by almost 1% in the previous session, as investors assessed the latest US economic data. The statistics prompted a rally in the yields of US...
SEC charges Florida man for perpetrating fraudulent spoofing scheme
The Securities and Exchange Commission (SEC) today announced settled charges against Zachary Stevenson of North Point, Florida for perpetrating a fraudulent spoofing scheme that netted him over $380,000 in profits. According to the SEC’s order, from April 2022 through...
The SNB unexpectedly cut the interest rate by 0.5%. Natural gas prices reached a two-week-high :: InvestMacro
The Dow Jones Industrial Average (US30) was down 0.53% on Thursday. The S&P 500 Index (US500) decreased by 0.54%. The Nasdaq Technology Index (US100) fell by 0.68%. The losses came amid signs of stagflation after US weekly jobless claims unexpectedly rose to an...
USDJPY braced for central bank showdown :: InvestMacro
Yen expected to be most volatile in G10 space vs USDFed seen cutting rates, BoJ to hold ratesOver past year Fed triggered moves of ↑ 0.5% & ↓ 1.3%Over past year BoJ triggered moves of ↑ 1.1% & ↓ 0.7%Bloomberg FX model: USDJPY has 72% of trading within 150.49 –...
Saxo to discontinue Japan 225 Index CFD
Multi-asset investment specialist Saxo Bank is planning changes to its lineup of investment instruments. Saxo has informed its white label partners that it is in the process of discontinuing the Japan 225 Index CFD. Current exposure can be reduced until the end of...
FCA cancels permission of McLean Financial Services to conduct regulated activities
The UK Financial Conduct Authority (FCA) has cancelled the Part 4A permission of McLean’s trading as McLean Financial Services. The Authority has taken this action because it considers that the firm is carrying on no regulated activity to which the Firm’s Part 4A...
ASIC cancels AFS licence of Macgill Financial Services
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence held by Macgill Financial Services Pty Ltd. The regulator found the company has ceased to carry on a financial services business. ASIC may suspend...
Porto-based prop firm Hive PT launches powered by Leverate’s SiRiX trading platform
Hive PT, a new prop trading firm headquartered in Porto, Portugal, has officially launched, bringing a fresh perspective to the global prop trading industry. Leveraging innovative strategies, a trader-first philosophy, and cutting-edge technology like Leverate’s SiRiX...
UEFA Women’s EURO 2025 adds Swissquote and Yuh as Official National Partner
UEFA announces that Swissquote has become an Official National Partner of UEFA Women’s EURO 2025 that includes the leading Swiss online banking and financial service provider’s joint venture Yuh. The sponsorship underscores the Swiss online banking company’s objective...
HKEX launches Fund Repository on Integrated Fund Platform
Hong Kong Exchanges and Clearing Limited (HKEX) today announced the launch of a Fund Repository on its Integrated Fund Platform (IFP), marking a significant step forward in enhancing transparency of fund information for Securities and Futures Commission (SFC)...
Finyard CMO Rachel Demosthenous leaves to start Creative Rangers agency
FNG has learned that longtime FX and CFDs industry marketing executive Rachel Demosthenous has left her position as Chief Marketing Officer (CMO) at broker technology platform and tech provider Finyard, to start a new online marketing agency called Creative Rangers....
Deutsche Bank appoints Marcus Chromik as Chief Risk Officer
Deutsche Bank’s Supervisory Board has appointed Marcus Chromik as Chief Risk Officer and Member of the Management Board, effective May 20, 2025. He will succeed Olivier Vigneron who recently informed the bank that he would not seek an extension of his contract, which...
EURUSD Under Pressure US inflation, France, and ECB Rate :: InvestMacro
By RoboForex Analytical DepartmentThe EUR/USD pair declined to 1.0504 on Thursday, influenced by investor reactions to the latest US inflation data. The November US Consumer Price Index (CPI) showed a rise of 0.3% month-over-month, aligning with forecasts but...
TradingView introduces Bond Screener – FX News Group
TradingView is introducing Bond Screener. This powerful addition to the TradingView toolkit is designed to help traders discover, analyze, and track bonds more effectively. You can find the Bond Screener in the Products section of the main menu under Screeners....
The Bank of Canada cut the rate again by 0.5%. Today, traders’ attention is directed to the SNB meeting :: InvestMacro
At the end of Wednesday, the Dow Jones Index (US30) fell by 0.22%. The S&P 500 Index (US500) is up 0.82%. The Nasdaq Technology Index (US100) jumped 1.85% to an all-time high. The US stocks extended early gains, reversing earlier session declines this week as...
ICE launches MSCI MarketAxess Tradable Corporate Bond Index futures
Intercontinental Exchange, Inc. (NYSE:ICE) today announced the launch of MSCI MarketAxess Tradable Corporate Bond Index futures. The futures contracts will be based on MSCI and MarketAxess’ newly created corporate bond indices. These tradable indices aim to provide a...
Nuvei integrates Google Pay into its cashier for LATAM customers
Canadian fintech company Nuvei Corporation today announced the expansion of its global partnership with Google to integrate Google Pay, an option now available for merchants across Latin America (LATAM). This collaboration builds upon the existing strong global...
eToro to cease supporting $REN
As of December 26, 2024, online broker eToro will cease supporting the $REN cryptoasset. All $REN positions will be closed on December 26, 2024 as of 12:00 UTC. If you hold $REN positions on your portfolio then you have until December 26, 2024 to manually close your...
HKEX to launch new post-trade services on Orion Cash Platform
Hong Kong Exchanges and Clearing Limited (HKEX) is embarking on a multi-year post-trade services enhancement programme for its cash equities market, reflecting the Group’s ongoing commitment to build future-ready market infrastructure. Starting from mid-2025, new...
State Street Global Advisors launches Saudi Bond UCITS ETF
State Street Global Advisors, the asset management business of State Street Corporation (NYSE:STT), today announced the launch of the SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF (KSAB) to be listed on the Xetra and London Stock Exchange. The new fund aims...
Spain derivatives broker iBroker adds Equities and ETFs via Equiduct Apex
Retail-focused pan-European exchange Equiduct has announced that iBroker Global Markets S.V. is the newest trading participant to join its Best Execution service, Apex. iBroker is the leading online broker in listed derivatives in Spain, specializing in the retail...
Italy’s CONSOB blocks abusive financial services advertisements
Italy’s Companies and Exchange Commission (CONSOB) has blocked advertisements for abusive financial services distributed via the Internet. The ads improperly leveraged the image of prominent figures in the Italian institutional world, such as the Prime Minister,...
Lloyd Pitchford to join LSEG Board as Non-Exec Director
London Stock Exchange Group plc (LSEG) today announced that Lloyd Pitchford will join the Board as a Non-Executive Director. Lloyd Pitchford The appointment is with effect from 30 April 2025. Lloyd Pitchford will also join the Audit, Risk and Nomination Committees....
Exclusive: Trive UK Chairman Marcus Scarlett resigns ahead of FCA license cancellation
FNG Exclusive… FNG has learned that Marcus Scarlett has resigned as Non-Executive Chairman of Trive Financial Services UK Limited, the London based, institutional brokerage arm of the Trive online financial trading firm, which operated under the Trivepro brand. Marcus...
London Stock Exchange Group divests 4.92% stake in Euroclear Holding
London Stock Exchange Group plc (LSEG) announces that it has completed the divestment of its 4.92% stake in Euroclear’s share capital to TCorp, for a total consideration of €455 million. TCorp is the financial services partner to the New South Wales government. J.P....
Standard Chartered unveils Board changes
Standard Chartered PLC today announced that David Conner, independent non-executive Director, will retire from the Board and as a member of the Audit, Board Risk and Remuneration Committees with effect from 30 December 2024. José Viñals, Group Chairman said: “On...
US Govt asks Court to impose $417M fine on BitMEX
The US Government is pushing for a Court order directing HDR Global Trading Limited, a/k/a “BitMEX” to pay a $417 million fine. This is apparent from a sentencing submission dated December 10, 2024. The Government says that BitMEX earned at least $155 million in...
CFTC secures Court order against Storm Bryant and Elijah Bryant III charged with Forex fraud
The Commodity Futures Trading Commission (CFTC) today announced the U.S. District Court for the Western District of North Carolina issued an order for summary judgment and a permanent injunction against Storm Bryant, Elijah Bryant III, CapitalStorm LLC,...
Paxos partners with Standard Chartered to enhance USDG and USDL reserve management
Paxos, a blockchain and tokenization infrastructure platform, has partnered with Standard Chartered to enhance Global Dollar (USDG) and Lift Dollar (USDL) reserve management. Through this collaboration, Standard Chartered will provide cash management, trading, and...
SEC charges three Nigerian impersonators of legitimate securities brokers and investment advisers
The Securities and Exchange Commission (SEC) today charged Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze with fraud for impersonating legitimate securities brokers and investment advisers in an elaborate online scheme...
Australian Dollar Hits Four-Week Low Amid RBA Stance and US Dollar Strength :: InvestMacro
By RoboForex Analytical Department The AUD/USD pair continues its downward trajectory, reaching a four-week low of 0.6386 on Wednesday. This decline is primarily influenced by the Reserve Bank of Australia’s (RBA) decision to maintain interest rates at 4.35% per annum...
Interactive Brokers introduces AI-powered news summaries
Automated global electronic broker Interactive Brokers (NASDAQ:IBKR) announced the introduction of AI-generated news summaries to its News & Research offering. This advanced feature, available at no additional cost, enables clients to access concise summaries of...
Inflation is rising in Germany. Silver prices hit a one-month high :: InvestMacro
The Dow Jones (US30) was down 0.35% on Tuesday. The S&P 500 Index (US500) closed negative 0.30%. The Nasdaq Technology Index (US100) fell by 0.34%. Investors were cautious ahead of Wednesday’s expected consumer inflation report, which could significantly impact...
Fiserv and COCC expand collaboration to enhance digital fintech experiences for consumers and small businesses
Fiserv, Inc. (NYSE:FI), a global provider of payments and financial services technology, today announced an expanded relationship with COCC, a client-owned fintech serving over 200 community banks and credit unions. This collaboration delivers digital banking...
ICE reports record OI in ICE Midland WTI crude futures
Intercontinental Exchange, Inc. (NYSE:ICE) today announced that its ICE Midland WTI (ICE:HOU) crude futures reached record open interest of 160,600 contracts on November 20, 2024, up over 130% year-over-year (y/y). Since launch, HOU has grown into a widely accepted...
City Index announces upcoming end of PayPal support
Retail FX and CFD City Index has announced upcoming changes to the lineup of payment methods its clients can use. The broker will no longer accept PayPal payments after December 22, 2024. PayPal withdrawals are still supported, but this may change in the future. A...
Swissquote invites mobile app users to discover new “Plan” section
Switzerland-based online banking and trading company Swissquote (SWX:SQN) has released version 11.0.0 of its iOS-based app. Users of the app are invited to discover the new “Plan” section and access a full range of long-term investment solutions, including...
Robinhood pushes for arbitration of remaining actions in short squeeze lawsuit
Robinhood is pushing for a Court order compelling arbitration of the remaining individual actions in a multi-district litigation concerning the January 2021 short squeeze. The relevant motion was submitted by Robinhood Markets, Inc., Robinhood Financial LLC, and...
Beeks Financial Cloud Chair Mark Cubitt to move into Non-Exec Director role
Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today announced changes to the roles of the Board of Directors, with immediate effect. Current Non-Executive Director, William Meldrum, will assume the role...
Circle, Binance partner to accelerate USDC adoption
Crypto industry giants Circle Internet Group Inc. and Binance have joined forces in a new partnership announced today. The partnership will expand adoption of USDC and support the development of the global digital assets and broader financial services ecosystem....
FxPro announces launch of BankPro
FxPro Group, a global provider of financial services and trading, has launched BankPro, a cutting-edge Private Digital Bank designed to redefine digital financial solutions for individuals and corporations. BankPro combines private banking services with advanced...
Belgium’s FSMA warns public of boiler room scams
The Belgian Financial Services and Markets Authority (FSMA) warns the public against several companies engaging in unauthorized activities on the Belgian market. The companies are the following: Bradford Venture Capital (https://www.bradfordventurecapital.com/) KW...
First Abu Dhabi Bank picks Broadridge to build global agency securities finance business
First Abu Dhabi Bank (FAB) has chosen Broadridge Financial Solutions, Inc. (NYSE:BR) to support the build out of its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and...
Aquis to launch Aquis VWAP Match
Aquis Exchange PLC today announced the upcoming launch of Aquis VWAP Match (AVM). AVM will operate as distinct non-displayed order books on the Aquis UK and EU MTFs where members will be able to enter conditional indications of interest (IOIs) to cross orders at the...
ICE launches Long EU Bond Index futures
Intercontinental Exchange, Inc. (NYSE:ICE) today announced the launch of Long European Union (EU) Bond Index futures along with the first trades in the contract. The cash-settled futures contract references the ICE 8-13 Year European Union Index (Ticker: G0EU8T13)...
CFTC charges Francier Obando Pinillo, Solanofi, and Solano Partners with fraud
The Commodity Futures Trading Commission (CFTC) today announced a civil enforcement action in the U.S. District Court for the Eastern District of Washington against Francier Obando Pinillo, doing business as Solanofi, Solano Partners Ltd., and Solano Capital...
Japanese Yen Weakens as USD/JPY Climbs Amid BoJ Rate Hike Uncertainty :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is largely attributed to ongoing uncertainty regarding the timing of the next interest rate hike by the Bank of Japan (BoJ). The...
Bell Financial outbids Axi for Australia low-cost trading platform SelfWealth
Australia brokerage firm Bell Financial Group Limited (ASX:BFG) has announced that it has entered into an agreement with SelfWealth Ltd (ASX:SWF) to acquire 100% of Selfwealth’s shares outstanding, for 25 cents for each SelfWealth share by way of a scheme of...
USDInd steady ahead of US CPI report :: InvestMacro
USDInd ↑ 0.3% WTD, trapped in rangeOver past year US CPI triggered moves of ↑ 0.7% & ↓ 0.4%ECB decision could spark more volatilityTechnical levels = 105.50 & 106.80FXTM’s USDInd is on standby mode ahead of the US inflation report on Wednesday 11th...
NinjaTrader unveils innovative futures sentiment indicator NinjaTrader Pulse
NinjaTrader, a fintech platform for retail futures trading, today announced the launch of NinjaTrader Pulse, an innovative futures sentiment indicator designed to provide an accurate overview of positions taken by active retail traders. The real-time, gauge-style...
The RBA kept the rate at 4.35%. China plans to actively stimulate the economy in 2025 :: InvestMacro
At Monday’s close, the Dow Jones Index (US30) was down 0.54%. The S&P 500 Index (US500) fell by 0.61%. The Nasdaq Technology Index (US100) lost 0.84%. Stocks in the US started the week lower as Nvidia shares fell amid an antitrust investigation in China, and...
Trading Technologies to offer access to European power market Nord Pool for intraday trading
Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, announced today that it will offer access to the European power market Nord Pool for intraday trading starting in December. The new connection will give...
TradeStation Securities introduces HUB to streamline onboarding process
TradeStation Securities, Inc., a self-clearing online brokerage firm for trading stocks, options, futures, and futures options, announced the launch of HUB, an enhanced central portal designed to provide applicants and clients with a more streamlined experience....
Nicos Vassiliou hired as CEO of CySEC licensed CFDs broker Colmex Pro
FNG has learned that CySEC licensed Retail FX and CFDs broker Colmex Pro has made a change at the top, hiring Nicos Vassiliou as the company’s new CEO. Nicos Vassiliou replaces Max Rassoulov, who had served as Colmex Pro CEO since January 2024 – Max was also Colmex...
Worldline partners with Dubai-based payment gateway aggregator Telr
Payment services provider Worldline today announced a partnership with Telr, a Dubai-based payment gateway aggregator and provider to launch an e-commerce payments solution for the rapidly expanding UAE. The solution will simplify online payments and optimise...
Sumsub adds Swahili, Zulu and Hausa languages to its Web SDK platform
Sumsub, a full-cycle KYC, KYB and AML solutions provider, has added Swahili, Zulu and Hausa languages to its Web SDK platform which already has Arabic, French, English, and Portuguese, thus making user and business verification available in seven languages widely...
Monex to participate as planning partner in NISSAN PASSPORT BETA project
Monex Group, Inc. today announced that it will participate as a community management and planning partner for a web3 project, NISSAN PASSPORT BETA, run by Nissan Motor Co., Ltd. Nissan aims to provide services and experiences that transcend the boundaries between...
Prop firm FunderPro adds Acuity Research Terminal
Acuity Trading, a leading provider of AI-powered market insights and financial tools, has announced a strategic partnership with retail prop trading firm FunderPro. This marks a significant milestone as FunderPro becomes the first Prop Trader to integrate Acuity...
S&P DJI, JPX Market Innovation & Research launch S&P/JPX Prime Market 250 Index
S&P Dow Jones Indices LLC (S&P DJI) and JPX Market Innovation & Research, Inc. (JPXI) today announced the launch of the S&P/JPX Prime Market 250 Index. The index tracks and measures the performance of the largest and most liquid stocks traded on the...
Circle announces incorporation of entity in ADGM
Circle Internet Group, Inc., a global digital financial technology firm, today announced the incorporation of an entity in the ADGM, a key milestone in its strategic expansion into the Middle East and Africa. Circle has also entered into a partnership with LuLu...
CME Group reports Micro E-mini Equity Index Futures exceed 3bn contracts traded
International derivatives marketplace CME Group today announced that as of November 29, more than 3 billion Micro E-mini Equity Index futures traded across all four indices. “With over three billion of these contracts traded in less than five years, our Micro E-mini...
SEC goes after David Banister and The Market Analysts Group
The Securities and Exchange Commission (SEC) has filed a lawsuit against David Banister and The Market Analysts Group, LLC. The relevant complaint was submitted at the New York Southern District Court on December 6, 2024. The SEC’s Complaint alleges that, between...
FCA cancels Biilz UK registration as small electronic money institution
The UK Financial Conduct Authority (FCA) has cancelled the registration of Biilz UK Ltd as a small electronic money institution (SEMI). The cancellation is pursuant to Regulations 10(1)(e) and 10(1)(a) (as applied by regulation 15) of the Electronic Money Regulations...
DTCC appoints Jason Angrisani as CMO
The Depository Trust & Clearing Corporation (DTCC) today announced the appointment of Jason Angrisani as Managing Director, Chief Marketing Officer (CMO). He reports to Sharon Biran, Managing Director, Chief Client Officer. Angrisani will oversee the firm’s...
eToro adds more Euronext-listed stocks to lineup of investment instruments
Online broker eToro has expanded its offering of Euronext-listed stocks, with numerous additions to the list of investment instruments. The broker has added 55 new stocks listed on the Euronext Amsterdam exchange, bringing the total offering on this exchange to 95...
The NFP report increased the likelihood of a Fed rate cut next week. China still fails to stoke inflation with stimulus :: InvestMacro
At the end of Friday, the Dow Jones (US30) was down 0.28% (for the week -0.63%). The S&P 500 Index (US500) was up 0.25% (for the week +0.83%). The Nasdaq Technology Index (US100) added 0.92% (up +3.10% for the week). The S&P 500 and Nasdaq indices set new...
Glenn Stevens leaving Forex.com, Philip Smith becomes StoneX CEO
Institutional broker StoneX Group Inc (NASDAQ:SNEX) has announced a series of changes to its executive management team, which will see the departure of the head of its retail brokerage division, as well as a new CEO for the overall company. The changes at StoneX...
GFO-X announces ABN AMRO Clearing, IMC, StanChart and Virtu as strategic partners
GFO-X today announced ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch in the first quarter of 2025. GFO-X is a UK-regulated and centrally cleared trading venue dedicated to digital asset derivatives. GFO-X has...
CFI hires Ilgar Rustambayli as Azerbaijan CEO following AzFinance acquisition
Leading MENA region online broker CFI Financial Group has announced that it has officially rebranded its Azerbaijan entity to CFI Financial Investment Company (CFI Azerbaijan), following the acquisition of AzFinance Investment Company earlier this year. The company...
Former IG Group CEO June Felix to join BoD of Iron Mountain
Information management services provider Iron Mountain Incorporated (NYSE:IRM) today announced that it has elected June Yee Felix to the Board of Directors, effective January 1, 2025. Ms. Felix is an accomplished global executive with three decades of extensive...
ICE launches Japanese Power Futures
Intercontinental Exchange, Inc. (NYSE:ICE) today announced the latest addition to its global energy offering with the launch of Japanese Power Futures. ICE has launched four Japanese Power Financial Baseload and Peakload Futures covering the Tokyo and Kansai areas...
eToro hires Goldman Sachs to lead IPO in 2025
Israel based, social trading focused online broker eToro has apparently hit the “go” button on its IPO plans, hiring investment bankers toward a planned initial public offering of the company in the US, according to Bloomberg reports. eToro IPO plans Bloomberg has...
Johnny Khalil named Executive Director at Tickmill Europe
FNG has learned that leading Retail FX and CFDs broker Tickmill has named Johnny Khalil as Executive Director at Tickmill Europe Ltd, the group’s CySEC licensed entity in Cyprus from where the company serves EU based clients. Johnny Khalil has been at Tickmill for the...
Nullpoint integrates with Brokeree’s PAMM and Social Trading
CRM and IB management solutions provider Nullpoint Technologies has announced that it has launched the integration of its system with Brokeree’s flagship solutions, Social Trading and PAMM. These turnkey investment systems for multi-asset brokers are designed to...
Nuno Matos to succeed Shayne Elliott as ANZ CEO
The Board of ANZ Group today announced that Nuno Matos will become Chief Executive Officer on 3 July 2025, succeeding Shayne Elliott who is retiring from ANZ after nine years in the role. Nuno Matos Mr Matos will also be appointed to the boards of ANZ Group Holdings...
Fastmarkets, ICE launch used cooking oil futures contract
Fastmarkets and Intercontinental Exchange (ICE) today announced the launch of the ICE Used Cooking Oil (UCO) Gulf (Fastmarkets) Futures contract to meet growing demand and tackle complexity in the biofuel feedstock market. Today’s launch provides market participants...
Broadridge launches AI-powered algorithm insights service for NYFIX
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of an innovative AI-powered algorithm insights service for NYFIX. Driven by real-time liquidity mapping, the service is designed to empower asset managers, hedge funds, and other buy-side firms...
Currency Speculators push Japanese Yen bets into small bullish level :: 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 December 3rd and shows a quick view of how large market...
FX week in review: Public raises $135M, Robinhood Asia plans, exec moves at Equiti, XTB, Scope, CFI, MultiBank
Which investors led a $135 million financing at US based app-focused neobroker Public? What led to a multi-year high being hit by Robinhood shares – beyond Robinhood unveiling plans to expand its offering to clients in Asia? What senior executive moves were seen at...
Speculator bets led by Sugar & Lean Hogs :: 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 December 3rd and shows a quick view of how large...
Speculator bets led by Nasdaq-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 December 3rd and shows a quick view of how large traders...
Speculator bets led by SOFR 1-Month, 10-Year & 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 December 3rd and shows a quick view of how large...
Lean Hogs, T-Bonds, US Dollar & Euro 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 December 3rd.This weekly Extreme Positions report highlights the Most Bullish and Most...
Speculator Bets led higher by Gold & 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 December 3rd and shows a quick view of how large traders...
Gold Prices Dip but Remain Supported by Fed Rate Cut Expectations :: InvestMacro
By RoboForex Analytical DepartmentGold prices dipped below 2,620.00 USD per troy ounce on Friday, marking a second consecutive session of decline. The value of the precious metal continues to be influenced by developments in US economic indicators and expectations...
Italy’s CONSOB orders blocking of four unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to four new websites that offer financial services illegally. The websites targeted by the latest orders are: BVTBanco Limited (website www.bvtbancolimited.com); “INCORE INVESTMENT”...
Central banks galore :: InvestMacro
ECB, BoC, SNB expected to CUT interest ratesRBA seen leaving rates unchangedEU50: Over past year ECB triggered moves of ↑ 1.1% & ↓ 0.6%USDCAD near 4 year high, ↑ 6% YTD AU200 & USDCHF on breakout watchCentral bank decisions could spark fresh trading...
TradingView introduces perpetual swaps from Coinbase
TradingView has teamed up with Coinbase to bring its customers new perpetual swaps on cryptocurrencies. Established in 2012, Coinbase has grown to become the world’s third-largest cryptocurrency exchange, processing billions of dollars in trading volume every day....
OPEC+ countries postponed production cuts until spring. The Reserve Bank of India (RBI) unexpectedly lowered the cash reserve ratio :: InvestMacro
The Dow Jones Industrial Average (US30) was down 0.55% at Thursday’s close, the S&P500 Index (US500) decreased by 0.19%, and the Nasdaq Technology Index (US100) fell by 0.31%. Liquidation of long positions and profit-taking before Friday’s release of the monthly...
ODDO selects Euroclear FundsPlace for fund distribution services
Independent financial services group ODDO BHF is enhancing its collaboration with Euroclear by entrusting its fund assets in France to the financial markets infrastructure. By leveraging Euroclear FundsPlace, ODDO will benefit from more efficient processes. Euroclear...
Supervisory Board of Deutsche Börse AG nominates Clara-Christina Streit as new Chairwoman
The Supervisory Board of Deutsche Börse AG today nominated its current member, Clara-Christina Streit, as the successor to outgoing Chairman, Martin Jetter. Clara-Christina Streit is to be elected at an extraordinary Supervisory Board meeting to be convened...
Exclusive: Equiti Capital CEO Liam Conway departs
FNG Exclusive… FNG has learned that longtime Equiti Group executive Liam Conway, who served as CEO for the past two years at the group’s London based, FCA regulated arm Equiti Capital, has left the company. Equiti Capital focuses on liquidity solutions to Professional...
Revolut UK adds former Lord Mayor Sir Peter Estlin, KPMG alum Fiona Fry to its Board
Revolut UK has announced that the company has continued to build out its Board with two new appointments, with Fiona Fry and Sir Peter Estlin joining Revolut as Independent Non-Executive Directors. The appointments come as Revolut is working through a mobilisation...
AUSTRAC cracks down on cryptocurrency ATM providers non-compliant with AML rules
The Australian Transaction Reports and Analysis Centre (AUSTRAC) is cracking down on cryptocurrency ATM providers in Australia that do not comply with the country’s anti-money laundering regime. AUSTRAC intelligence shows cryptocurrency poses a heightened money...
HKMA imposes $4M fine on China CITIC Bank International
The Hong Kong Monetary Authority (HKMA) announced today that it had completed an investigation and disciplinary proceedings for China CITIC Bank International Limited (CITIC) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the...
Genesis rolls out version 8.6 of Genesis Application Platform
Version 8.6 of the Genesis Application Platform offers a new and improved developer portal that unites training resources, technical documentation and support access and serves as the gateway for our cloud-based trial program. The portal dramatically improves how...
Navigating the Regulatory Landscape: A Conversation with Joanna Frendo, Chief Compliance and Risk Officer at Deriv
FNG Exclusive Interview… The financial landscape is constantly changing, with new challenges and trends emerging rapidly. To gain insights into this dynamic environment, we met with Joanna Frendo, Deriv’s Chief Compliance and Risk Officer. FNG: Hi Joanna, and thanks...
5 Medium Cap Companies that made our Quarterly Watchlist :: InvestMacro
By InvestMacro ResearchThe fourth quarter of 2024 is more than two-thirds through and most companies have released their third-quarter results. Today, we wanted to highlight some of the top Medium Cap companies that have been added to our Cosmic Rays Watchlist. The...
SIX expands its multicurrency swaps offering to provide attractive alternative to IRS clearing in the EU
In light of the EMIR 3.0 Active Account requirement announced by the European Commission, whereby market participants are required to open active accounts at a European CCP for the clearing of EUR denominated Interest Rate Swap (IRS) trades, SIX (through the Spanish...
CFTC secures Court order directing Marcus Todd Brisco to pay more than $2M
he Commodity Futures Trading Commission (CFTC) today announced the U.S. District Court for the Southern District of Texas entered a consent order imposing permanent injunctive relief, civil monetary penalty, restitution, and equitable relief against Marcus Todd Brisco...
Third Day of Buying :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair has risen to 1.2711, marking the third day of sustained buyer activity. This upward movement comes from comments from Bank of England Governor Andrew Bailey, who hinted at potential interest rate cuts in 2025 if the...
CME Group to launch 1-Ounce Gold futures contract
International derivatives marketplace CME Group today announced it will launch a 1-Ounce Gold (1OZ) futures contract on January 13, 2025, pending regulatory review. “Gold has always been a popular investment, but retail interest has surged in recent years as more...
Bitcoin hits $100k, OPEC+ delay output hike :: InvestMacro
Bitcoin smashes through $100k“OG” crypto boasts $2 trillion market cap, ↑ 140% YTDOPEC+ delay oil production hikes until April Brent trapped in range – support at $70, resistance at $76Bitcoin surpasses the $100,000 milestone while oil turns choppy following the OPEC+...
R.J. O’Brien appoints John Robbins as Global Chief Compliance Officer
Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) today announced the appointment of John Robbins, CFA, to the new role of Global Chief Compliance Officer (CCO). John Robbins Based in New York, Robbins reports to Melissa Zierk, RJO...
Bitcoin has surpassed the $100,000 mark for the first time. Today, the focus of oil traders is on the OPEC+ meeting :: InvestMacro
At the end of Wednesday, the Dow Jones Index (US30) rose by 0.69%. The S&P 500 Index (US500) was up 0.61%. The Nasdaq Technology Index (US100) was up 1.24%. All three major US stock indices closed at record highs. Market sentiment was buoyed by strong momentum in...
EBS Market to launch On-MTF NDF tailored order books on CME Globex
Effective Sunday, January 26 (trade date Monday, January 27), pending the completion of all regulatory review periods, Tailored Order Book trading will be made available in FX NDFs on CME Globex for EBS UK MTF customers. These new products are identical to the current...
TradingView enhances Crypto Coins Screener
TradingView has enhanced the Crypto Coins Screener, so that traders can analyze user sentiment for crypto coins. High social metric values can indicate growing user interest, helping you spot potentially promising projects and evaluate their stability and performance....
Track360 integrates IB and affiliate management tools for DXtrade brokers
Trading technology developer Devexperts has announced that Track360, an all-in-one introducing broker (IB) and affiliate management platform for the online trading industries, will be integrated with Devexperts’ flagship out-of-the-box white-label trading platform,...
FINRA imposes $900k fine on LifeSci Capital
LifeSci Capital, LLC has agreed to pay a fine of $900,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). In 2020 and 2021, while participating in the initial public offering for a special purpose acquisition company (SPAC), LifeSci...
Cboe BZX Options Exchange no longer pursues 10 Gb Layer 1 Physical Ports initiative
Cboe BZX Options Exchange is no longer pursuing the previously announced 10 Gb Layer 1 Physical Ports initiative. If the Exchange chooses to pursue this initiative at some point in the future, such plans will be communicated in advance in a future notice. The ports...
TSE’s CONNEQTOR to connect directly to Bloomberg’s EMSX
Tokyo Stock Exchange, Inc. (TSE) announced today that TSE will directly connect to Bloomberg EMSX, a multi-asset execution management solution, and CONNEQTOR, an electronic trading platform for ETFs provided by the TSE. This will allow global investors who are also...
Robinhood shares soar topping IPO price on Bitcoin $100K, Asia expansion plans
Shares of US neobroker Robinhood (NASDAQ:HOOD) hit a multi-year high on Wednesday, topping $40 for the first time since late 2021. Robinhood shares are up by more than 50% in the past month, and by more than 3x in 2024 year-to-date. HOOD also crossed an important...
GTN hires Chris Gregory as Europe CEO for newly FCA licensed entity
Dubai based broker GTN has announced that the company has hired Chris Gregory as CEO for Europe. Based in London, Chris will spearhead GTN’s strategic expansion across Europe from the company’s newly FCA licensed entity GTN Europe Financial Services Limited, as a key...
EURUSD gripped by French political turmoil :: InvestMacro
EURUSD ↓ 1% MTD, lingering near key 1.05 levelFrench government faces no-confidence vote todayMounting political uncertainty could hit euroOver past year NFP triggered moves of ↑ 0.4% & ↓ 0.6%Bloomberg FX model – EURUSD has 73% of trading within 1.0349 – 1.0641...
StoneX secures regulatory approval to operate digital asset business in Ireland
StoneX Digital International Limited, a subsidiary of StoneX Group Inc. (NASDAQ:SNEX), today has been approved by the Central Bank of Ireland, as a Virtual Asset Service Provider (VASP) to operate a digital asset business. The StoneX Digital platform will provide...
Australian dollar declines amid weak GDP data. Short-term martial law was imposed in South Korea :: InvestMacro
The Dow Jones (US30) fell by 0.17% on Tuesday. The S&P 500 Index (US500) was up 0.05%. The Nasdaq Technology Index (US100) was up 0.31%. Data released on Tuesday showed a modest increase in US job openings for October, while layoffs declined, indicating workers’...
DTCC survey shows 55% of respondents see high chance of significant event in 2025
The Depository Trust & Clearing Corporation (DTCC) today issued its annual Systemic Risk Barometer Survey results, identifying Geopolitical Risks, Cyber Risk, U.S. Political Uncertainty and U.S. Presidential Election Outcome, Inflation and U.S. Economic Slowdown...
Australian Dollar Hits Four-Month Low Amid Weak GDP Data :: InvestMacro
By RoboForex Analytical Department The Australian dollar fell to a four-month low of 0.6450 against the US dollar on Wednesday, following disappointing GDP data that heightened expectations for potential interest rate cuts by the Reserve Bank of Australia (RBA).The...
Nuvei introduces blockchain-based payment solution for merchants across LATAM
Canadian fintech company Nuvei Corporation today announced the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms,...
Clear Street launches in the UK following FCA approval, joins LME
Clear Street, a cloud-native financial technology firm aiming to modernise the brokerage ecosystem, today announced the formal launch of Clear Street UK, following recent Financial Conduct Authority (FCA) approval. Clear Street UK was also approved as a Category 1,...
CFI launches operations in South Africa, hires Zihaad Israfil as SA CEO
Leading online trading firm CFI Financial Group has announced the commencement of operations in South Africa. This pivotal step reflects CFI’s commitment to bringing its world-class trading services to the African continent, reinforcing its mission to empower traders...
Cboe Options and EDGX Options to allow stock to print outside NBBO
Effective December 16, 2024, Cboe Options (C1) and EDGX Options Exchanges will allow the equity leg on all stock-option orders to be executed outside the equity National Best Bid and Offer (NBBO) by no more than a defined buffer amount. Currently, except for QCC...
Diagram Capital selects Muinmos for Client Onboarding and KYC compliance solutions
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, has announced its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding...
CME Group to provide CME Term €STR Reference Rates
International derivatives marketplace CME Group today announced it will provide CME Term €STR Reference Rates to meet client demand for a term rate anchored in €STR markets. Published in beta today, the rates are based on CME Group’s liquid €STR futures and OTC swap...
Britannia hires LSEG / TP ICAP alum Martin Ryan as COO
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 Martin Ryan has joined the firm as Chief Operating Officer...
Bank of Korea implements measures to stabilize financial and FX markets
Bank of Korea today announced a set of measures aiming to stabilize the markets after the events from December 3, 2024. Korean financial and foreign exchange markets, which had become highly volatile after the declaration of martial law, have now become somewhat...
Exclusive: MultiBank Chief Data Officer Mahmoud Hammoud departs
FNG Exclusive… FNG has learned that yet another senior executive and C-Suite management member has left Dubai based Retail FX and CFDs broker MultiBank, with the company’s Chief Data Officer Mahmoud Hammoud departing the company. Mahmoud Hammoud joined MultiBank early...
AI has been a boon for marketing, but the dark side of using algorithms to sell products and brands is little studied :: InvestMacro
By Lauren Labrecque, University of Rhode Island Artificial intelligence is revolutionizing the way companies market their products, enabling them to target consumers in personalized and interactive ways that not long ago seemed like the realm of science...
Brent Oil Prices Dip Ahead of Crucial OPEC+ Meeting :: InvestMacro
By RoboForex Analytical Department Brent crude oil prices have declined to 71.65 USD per barrel as the commodity market remains tense ahead of this week’s postponed OPEC+ meeting, now rescheduled for Thursday, 6 December. The market is concerned about the direction of...
BGC Group appoints Mike Whitaker as Global Chief Information Officer
BGC Group, Inc. (NASDAQ:BGC) today announced Mike Whitaker has joined as Global Chief Information Officer and a member of its Executive Committee. In this newly created role, Mr. Whitaker will be responsible for developing and implementing a cohesive technology...
NEOWISE, the NASA mission that cataloged objects around Earth for over a decade, has come to an end :: InvestMacro
By Toshi Hirabayashi, Georgia Institute of Technology and Yaeji Kim, University of Maryland The NASA project NEOWISE, which has given astronomers a detailed view of near-Earth objects – some of which could strike the Earth – ended its mission and burned on reentering...
21Shares and 21.co Technologies to become separate entities
21.co today announced the company’s new operating structure. 21.co’s operating structure will transition from one fully integrated business to two, separated core business units – 21Shares and 21.co Technologies. 21.co remains the Holding Company of both 21Shares and...
ECB may go for a double rate cut in December. US stock indices continue to update historical highs :: InvestMacro
On Monday, the Dow Jones (US30) fell by 0.29%. The S&P 500 Index (US500) gained 0.24%. The Nasdaq Technology Index (US100) added 1.12%. Better-than-expected US economic news on the ISM Manufacturing Index for November and construction spending for October...
Capitolis acquires BGC Group’s Capitalab for $46M
Capitolis today announced the acquisition of Capitalab from BGC Group for a purchase amount of $46 million. This acquisition will allow Capitolis, a market leader in the optimization and compression space, to offer more solutions to the industry and unlock additional...
IG / ThinkMarkets alum Kea Nonyana hired as Head of Scope Prime Africa
Scope Prime, the offshore Belize domiciled liquidity brand of Rostro Financial Group, has announced the appointment of Kea Nonyana as Head of Scope Prime’s Africa division. The company said that this is the latest appointment of a regional head by the business, with...
eToro makes $NEAR and $POL available to stake
Online broker eToro continues to expand its crypto offering by making $NEAR and $POL available to stake. As of today, there are now even more opportunities to earn rewards by HODLing crypto. The crypto Staking services now include the Near Protocol (NEAR) and Polygon...
Finalto releases Watchlist 2025, identifying risks and opportunities in a changing world
Finalto, a leading liquidity provider and fintech specialist, has released the 2025 edition of its annual Watchlist, entitled Watchlist 2025: The World at a Crossroads. Explaining the theme of this year’s edition, Finalto Chief Market Analyst Neil Wilson said: “We...
TradingView partners with Symphony to facilitate market research for finance professionals
TradingView and Symphony have teamed up to transform how finance professionals collaborate and analyze markets on a global scale. Symphony is a communication and markets technology company powered by interconnected platforms: messaging, voice, directory and analytics....
21X gets BaFin license to launch the first EU regulated blockchain-based trading venue
Frankfurt based digital exchange startup 21X has announced that it has become the first ever entity to receive a license to operate a blockchain-based trading and settlement system that is fully regulated in accordance with EU law. Granted by BaFin, Germany’s...
Amazon Web Services partners with TP ICAP to accelerate development of Fusion
TP ICAP Group (LON:TCAP), a provider of financial markets infrastructure and data solutions, and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), today announced a major agreement to streamline and scale TP ICAP’s technology infrastructure....
Institutional FX trading volumes leap 10% in November as currency volatility soared
Following a couple of slow months leading up to the US elections in September and October, November 2024 saw a strong rebound in eFX trading volumes, as the (surprise?) result of Donald Trump being elected as President, alongside further uncertainty as to what the Fed...
Deutsche Bank launches merchant solutions in Australia, India, Indonesia and South Korea
Deutsche Bank has officially launched Merchant Solutions capabilities in Australia, India, Indonesia and South Korea. The solutions provide the bank’s clients with a global payment acceptance platform and access to a diverse range of local payment methods in these...
Liquidnet adds three new hires to its EMEA Execution & Quantitative Services team
Technology-driven agency execution specialist Liquidnet today announced the appointment of three new hires to its European Execution & Quantitative Services (EQS) team. Launched in 2014, the EQS team advises Liquidnet’s buy-side Members on algorithmic strategies,...
Public announces new financing totalling $135M
Public.com today announced new financing totalling $135 million, including $105 million in equity financing and $30 million in debt. This round was led by Accel, which has led or co-led every funding round since Public launched in 2019. Public comments: “We’re...
Exclusive: XTB hires Theocharis Panayi as General Manager in Cyprus
FNG Exclusive… FNG has learned that Poland based Retail FX and CFDs broker XTB (WSE:XTB) has hired Theocharis Panayi as General Manager for its operation in Cyprus. Group subsidiary XTB Ltd holds a CySEC CIF license. Theocharis Panayi joins XTB after spending the past...
Interactive Brokers registers 74% Y/Y increase in DARTs in November 2024
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for November 2024. The company registered 3.306 million daily average revenue trades (DARTs) in November 2024. The result is 74% higher than in November...
Rob Witoff rejoins Coinbase as Head of Platform
Coinbase alumnus Rob Witoff is re-joining the company as its new Head of Platform and member of the Executive Team. From 2014 to 2017, Rob Witoff led security and infrastructure, became Coinbase’s Chief Architect, and then went on to create an industry leading cold...
AUD/USD Stabilises Amid US Dollar Pressures and Domestic Economic Strength :: InvestMacro
By RoboForex Analytical Department On Monday, the AUD/USD pair remains stable around the 0.6450 mark. After benefiting from the US dollar’s weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect...
Euronext introduces Total Return Futures on FTSE MIB Index
Euronext today announced the introduction of Total Return Futures (TRF) on the FTSE MIB Index, FTSE Russell’s primary benchmark for the Italian equity market. This launch builds on the success of the Total Return Futures on the CAC 40 Index, which Euronext introduced...
Will US500 stay above 6000 milestone? :: InvestMacro
US500 ↑ 5.1% MTD, pushing 2024 gains to almost 26%Posted only 2 negative months in 2024 – April & OctoberNotched 52 record highs this yearOver past year NFP triggered moves of ↓ ↑ 0.8%Technical levels – 6050, 6000, 5970 FXTM’s US500, which tracks the benchmark...
DTCC appoints Michael Winnike as Managing Director, CSS, Strategy and Market Solutions
The Depository Trust & Clearing Corporation (DTCC) today announced the appointment of Michael Winnike as Managing Director, Clearing & Securities Services (CSS), Strategy and Market Solutions. He joins December 2, 2024, and reports to Brian Steele, Managing...
Donald Trump threatens the BRICS bloc with high tariffs. The Canadian dollar fell after weak GDP data :: InvestMacro
The Dow Jones Index (US30) was up 0.42% on Friday (+2.37% for the week). The S&P 500 Index (US500) added 0.56% (for the week +1.48%). The Nasdaq Technology Index (US100) increased by 0.90% (for the week +0.93%). Stocks rose moderately on Friday, with the S&P...
Deutsche Börse Cash Market to launch new dark pool trading feature Xetra Midpoint
Deutsche Börse Cash Market will launch Xetra Midpoint on 9 December. The trading feature is aimed at institutional clients and gives them access to a dark pool that facilitates efficient execution of orders at the midpoint price. Xetra Midpoint is seamlessly...
R.J. O’Brien & Associates Canada gets a slap on the wrist for alleged ICE rule violations
ICE Futures U.S. has issued a summary fine notice against R.J. O’Brien & Associates Canada Inc. R.J. O’Brien & Associates Canada Inc. was issued a summary fine of $10,000 for violating Rule 4.02(g)(3) by engaging in cross trading without utilizing a crossing...
TP ICAP expands its Middle East ops with opening of new office in DIFC
TP ICAP Group, a provider of market infrastructure, today announced a strategic expansion of its Middle East operations with the opening of a new office in the Dubai International Financial Centre (DIFC). The new facility, three times larger than the existing space,...
Muinmos expands into MENA hiring Plugit exec Nadeem Sa’adeh
Client onboarding platform provider Muinmos has announced that it is expanding its footprint into the Middle Eastת with the appointment of Nadeem Sa’adeh as Regional Business Development Director. Based in the region, Nadeem Sa’adeh is the RegTech firm’s first hire in...
MAS fines JPMorgan Chase Bank $2.4M for misconduct by its relationship managers
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs...
Rakuten Group completes partial share transfer in Rakuten Card to Mizuho Financial
Rakuten Group has completed the transfer of 14.99% of its common shares in Rakuten Card Co., Ltd. to Mizuho Financial Group, Inc. The transfer was completed on December 1, 2024. Additionally, effective December 1, 2024, Rakuten Insurance Holdings Co., Ltd., which had...
Exclusive: Advanced Markets hires Finalto exec Oksana Remez to head Business Development
FNG Exclusive… FNG has learned that direct market access (DMA) liquidity and tech solutions provider Advanced Markets has hired Oksana Remez as Head of Business Development in the UK. Based in London, Oksana will lead the company’s global sales strategy, driving...
Argo Blockchain raises £4.2M in gross proceeds through subscription for its shares by institution
Cryptocurrency mining company Argo Blockchain plc (LON:ARB) today announced that it has raised gross proceeds of £4.2 million through a subscription for its ordinary shares by an institution. The company will issue 76,900,000 Ordinary Shares at a purchase price of 5.5...
FX week in review: Lightyear CEO, Jabal and MasterFunders launch, Exante in MENA
Who is the new CEO of newly FCA licensed neobroker Lightyear? Who is behind the launch of new Dubai based FX and CFDs focused marketing agency Jabal? Which trading platform is newly launched prop firm MasterFunders going with? Where did iSAM Hong Kong office head Phil...
Beeks Group names Matt Pilkington its Head of Sales, EMEA
Beeks Group today announced that Matt Pilkington has joined the company as Head of Sales for the EMEA region. Matt Pilkington With over a decade of experience in information technology and capital markets, Mr Pilkington brings extensive expertise in managed...
Gold Prices Rise Amid Weakening US Dollar and Geopolitical Tensions :: InvestMacro
By RoboForex Analytical Department Gold prices have risen for four consecutive days, reaching 2,660 USD per troy ounce by Friday. The upward movement in Gold prices is primarily driven by the weakening of the US dollar and heightened geopolitical tensions. The current...
Vanessa Lau to become sole HKEX COO
Hong Kong Exchanges and Clearing Limited (HKEX) today announced a number of senior management changes, which will take effect from January 1, 2025. Wilfred Yiu, Deputy Chief Executive Officer, Co-Chief Operating Officer and Co-Head of Markets, will retire at the end...
Dubai’s Virtual Assets Regulatory Authority warns against Koto Crypto
The Virtual Assets Regulatory Authority (VARA) of Dubai today issued an alert in relation to Koto Crypto DMCC (commercially conducting transactions as “Koto Crypto”), a company using the domain name and claiming to be registered in the Emirate of Dubai. The platform...
Italy’s CONSOB orders blocking of websites of Financial Magnum, Fidus Invest
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to four new websites that offer financial services illegally. The websites targeted by the latest orders are: “GOMARKETSLTD.net” (website https://gomarketsltd.net and related page...
ASIC cancels licence of RPD Group Advice
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of RPD Group Advice Pty Ltd. The cancellation follows a payment of compensation by the Compensation Scheme of Last Resort (CSLR). On 12 July 2024,...
iSAM/Sucden alum Phil Kim joins ACY Connect to head Institutional Sales Asia
Australia based Retail FX and CFDs broker ACY Securities has announced the appointment of Phil Kim as Director of Institutional Sales, Asia, for its institutional arm, ACY Connect. Based in Hong Kong, Phil will play a pivotal role in expanding ACY Connect’s business...
TradingView introduces Bollinger Bars – FX News Group
Continuing its work with John Bollinger, TradingView is introducing Bollinger Bars — a fresh approach to charting that transforms candle bars. In John Bollinger’s own words, it represents an “exclusive marriage of western bars and candlesticks encoded in color”,...
US Govt seeks to intervene in CFTC lawsuit against Nomura trader
The US Government seeks to intervene in a lawsuit brought by the Commodity Futures Trading Commission (CFTC) against John Patrick Gorman III, former U.S. dollar swaps trader and managing director of Nomura. The relevant motion was filed on November 26, 2024, at the...
Public health surveillance, from social media to sewage, spots disease outbreaks early to stop them fast :: InvestMacro
By John Duah, Auburn University A cluster of people talking on social media about their mysterious rashes. A sudden die-off of birds at a nature preserve. A big bump in patients showing up to a city’s hospital emergency rooms.These are the kinds of events that public...
24 Exchange gets SEC nod for its new round-the-clock securities exchange 24X
Bermuda domiciled OTC product trading platform 24 Exchange has announced that it has received approval from the U.S. Securities and Exchange Commission (SEC) to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of...
Cyprus-based prop firm MasterFunders launches using Leverate’s SiRiX trading platform
MasterFunders, a Cyprus-based proprietary trading firm, has officially launched, introducing a “New Era” approach to prop trading. With its innovative strategies, trader-centric philosophy, and cutting-edge technology, including Leverate’s SiRiX trading platform,...
Binance TH secures ISO 27001 and ISO 27701 certifications
Binance TH, a joint venture between Binance’s subsidiary and Gulf Edge Co. Ltd., has earned ISO 27001 and ISO 27701 certifications. This achievement underscores the company’s commitment to delivering a trustworthy, safe, and secure platform for Thai users in adherence...
FINRA fines tastytrade for alleged rule violations
tastytrade, Inc. has agreed to pay a fine of $30,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA) From July 2021 through July 2023, tastytrade failed to establish, maintain, and enforce a supervisory system, including written...
SIX appoints Bjørn Sibbern as CEO
The Board of Directors of SIX has appointed Bjørn Sibbern as new CEO effective 1 January 2025. Bjørn Sibbern will succeed Jos Dijsselhof, who will step down to pursue a new professional opportunity in the Middle East after seven years with SIX. Since the beginning of...
Alecta to use FlexTRADER EMS to handle equities and derivatives execution
FlexTrade Systems, a provider of multi-asset execution and order management systems, and Alecta, the fifth-biggest occupational pension company in Europe, today announced that Alecta is live and in production using FlexTRADER EMS for equities and derivatives trading....
StoneX Financial granted General Clearing Member status by European Commodity Clearing
StoneX Group Inc. (NASDAQ:SNEX) today announced that its wholly owned subsidiary, StoneX Financial Limited, has been awarded General Clearing Member (GCM) status by European Commodity Clearing AG (ECC). This achievement underscores StoneX Financial’s commitment to...
UBS selects Clearstream for fund distribution support for former Credit Suisse business
UBS has chosen Clearstream to consolidate all its fund distribution support-related activities from the former Credit Suisse (CS) business. UBS will align the full range of services around distribution support of the former CS business via Clearstream’s Fund Centre...
One Trading hires Accenture exec Steven Harper as CSO
One Trading, a regulated European crypto-asset exchange, has announced that is has welcomed Steven Harper as the company’s new Chief Security Officer (CSO). With a career spanning over 25 years in software development and security, Steven joins One Trading at a...
EUR/USD Steady Ahead of Major US Data Releases :: InvestMacro
By RoboForex Analytical DepartmentEUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also indicated readiness to continue...
SEC updates list of unregistered entities that use misleading information
The Securities and Exchange Commission (SEC) today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 14 soliciting entities, two impersonators of genuine firms, and four bogus...
As expected, the RBNZ cut the rate by 0.5%. Australia’s inflation rate remained at its lowest level since the summer of 2021 :: InvestMacro
At the end of Tuesday, the Dow Jones Index (US30) added 0.28%. The S&P 500 Index (US500) was up 0.57%. The Nasdaq Technology Index (US100) increased by 0.57%.Federal Reserve officials expressed optimism that inflation is falling and the labor market remains...
CME Group and CF Benchmarks to launch additional cryptocurrency pricing product
Effective Monday, December 9, shortly after 10 a.m. London time, pending completion of all regulatory review periods, CME Group and CF Benchmarks will launch an additional cryptocurrency pricing product designed to provide clients with transparent, robust, reliable...
Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable giving :: InvestMacro
By Brian Mittendorf, The Ohio State University Donor-advised funds, or DAFs, are financial accounts funded by donors to support future charitable work. This kind of giving differs greatly from charitable giving as a whole because it’s much more likely to involve...
CySEC withdraws license of IFCM Cyprus Ltd
The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of IFCM Cyprus Ltd. The withdrawal is in line with section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of...
CySEC reaches €50k settlement with Alvexo operator VPR Safe Financial Group
The Cyprus Securities and Exchange Commission (CySEC) today announced a settlement has been reached with Cyprus investment firm VPR Safe Financial Group Ltd, operator of the Alvexo brand. The settlement concerns possible violations of the Investment Services and...
Société Générale goes live on CLS’s cross currency swaps service
Société Générale has gone live on CLS’s cross currency swaps service. CCS trades have significant settlement risk exposure due to the high value of the initial and final principal exchanges. In addition, settling these trades on a gross bilateral basis results in...
FCA fines former Wizz Air chief supply chain officer for trading during closed periods
The UK Financial Conduct Authority (FCA) has fined András Sebők, former chief supply chain officer at Wizz Air Holdings plc, £123,500 for trading company shares when he wasn’t permitted to, and failing to disclose his trades. Mr Sebők carried out the trades in his...
FINRA imposes $750k fine on Moomoo Financial
Moomoo Financial Inc., formerly known as Futu Inc, has agreed to pay a fine of $750,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2020 through the present, Moomoo Financial paid individuals with followings on...
Standard Chartered explores sale of small number of businesses
Standard Chartered PLC today announced the first in a small number of potential business exits to fund incremental investment in its leading wealth management business. This aligns with the refreshed strategic priorities shared in the Group’s third quarter 2024...
NAGA adds UAE and Saudi Arabian stocks to its trading platform
Leading social trading focused online broker NAGA Group, authorized and regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, has announced the addition of UAE and Saudi Arabian stocks to our trading platform. The company said that...
Hantec Markets reports 32% trading volumes growth in Q3-2024
Retail FX and CFDs broker Hantec Markets has announced what the company calls impressive growth across multiple performance indicators from Q2 to Q3 2024, showcasing the dynamic expansion of its platform and the growing engagement of its trading community. Key metrics...
SIX invests in OpenBrick – FX News Group
BME, a SIX company, today announced its investment in OpenBrick, a digital platform for the issuance, management, trading and settlement of tokenized securities linked to real estate projects. The company, founded by Grupo Lar, Renta 4 Banco and ioBuilders, welcomes...
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings
Sumsub, a full-cycle verification platform, has announced its integration with Elliptic, a provider of cryptoasset risk management services. This partnership enhances Sumsub’s Crypto Transaction Monitoring and Travel Rule solutions, offering global clients enhanced...
German regulator warns of Pepperstone clone
The German Federal Financial Supervisory Authority (BaFin) has issued a warning against a clone of retail FX and CFD broker Pepperstone. BaFin warns consumers against offers made via the website pepperstone.life. According to information available to BaFin, financial...
Exante expands to MENA with Dubai DIFC licensed rep office
CySEC licensed Retail FX and CFDs broker Exante has announced that it has opened a new office in the Dubai International Financial Centre (DIFC). Exante’s Cyprus based, CySEC licensed entity EXT Ltd has received a license (DFSA Reference Number: F007837) as a Non-DIFC...
Trump plans to raise tariffs by 10% on goods from China and 25% on goods from Mexico and Canada :: InvestMacro
At Monday’s close, the Dow Jones Index (US30) increased by 0.99%. The S&P 500 Index (US500) was up 0.30%. The Nasdaq Technology Index (US100) was up 0.14%. The Dow Jones Industrials set a new all-time high, and the Nasdaq 100 set a weekly high. Stocks rose on...
Netcapital receives FINRA approval for broker-dealer license
Netcapital Inc. (NASDAQ:NCP), a digital private capital markets ecosystem, today announced that its wholly-owned subsidiary, Netcapital Securities Inc. (NSI), has received approval from the Financial Industry Regulatory Authority (FINRA) to become an FINRA-member...
Svalbard Global Seed Vault evokes epic imagery and controversy because of the symbolic value of seeds :: InvestMacro
By Adriana Craciun, Boston University Two-thirds of the world’s food comes today from just nine plants: sugar cane, maize (corn), rice, wheat, potatoes, soybeans, oil-palm fruit, sugar beet and cassava. In the past, farmers grew tens of thousands of crop varieties...
SIX welcomes Robeco as its newest ETF issuer
SIX welcomes Robeco today as the newest issuer with four actively managed ETFs in two trading currencies each. This increases the number of ETF issuers on SIX Swiss Exchange to 28 and the total number of tradable ETF products to 1,863. The four newly listed active...
NZD/USD Hits Yearly Low Amid US Dollar Strength :: InvestMacro
By RoboForex Analytical DepartmentThe NZD/USD pair has experienced a significant decline, touching a low of 0.5841 and reaching a yearly trough of 0.5796. The primary pressure comes from a robust US dollar, bolstered by anticipations of a more stringent tariff regime...
FCA research shows 12% of UK adults now own crypto
The UK Financial Conduct Authority (FCA) has published its latest research on consumer attitudes and behaviours towards crypto. The research shows that 12% of UK adults now own crypto, up from 10% in previous findings. Awareness of crypto also rose from 91% to 93%....
Robinhood Crypto launches Ethereum Staking for EU customers
US neobroker Robinhood (NASDAQ:HOOD) has announced the launch of Ethereum (ETH) staking at its Robinhood Crypto unit, enabling European customers to seamlessly earn rewards on their ETH holdings. For a limited time, Robinhood Crypto said it is offering a 100% match on...
MAS issues 14-year prohibition orders against former rep of United Overseas Bank Limited
The Monetary Authority of Singapore (MAS) has issued 14-year prohibition orders (POs) against Mr Loh Sheng Yang, a former representative of United Overseas Bank Limited (UOB). This follows his conviction in the State Courts for cheating, forgery and acquiring benefits...
FCA fines MBL £13M for control deficiencies allowing trader to conceal over 400 fictitious trades
The UK Financial Conduct Authority (FCA) has fined Macquarie Bank Limited – London Branch (MBL) £13 million for serious failings that allowed one of its employees to record over 400 fictitious trades. From June 2020 to February 2022, Travis Klein, a trader based on...
Proposed sale of First Derivative to EPAM on track to complete on Dec 2, 2024
FD Technologies (LON:FDP) today announced that the proposed sale of First Derivative to EPAM is on track to complete on 2 December. This follows an announcement on 14 November that all closing conditions had been satisfied. EPAM is a global professional services...
Broadridge’s LTX partners with TransFICC
LTX, an AI-powered fixed income trading platform backed by global Fintech leader, Broadridge Financial Solutions Inc. (NYSE:BR), today announced its strategic partnership with TransFICC, a leading provider of e-trading technology for fixed income markets. This...
Wander Rutgers replaces Martin Sokk as CEO as neobroker Lightyear gets FCA license
FNG has learned that UK neobroker startup Lightyear has made a change in its management C-Suite, as the company has received a UK FCA license and gears up to compete in the increasingly crowded UK online trading and investment products market. Lightyear has named its...
Capitolis raises $20M from Citi, Morgan Stanley, State Street, UBS
Institutional trading optimization company Capitolis has announced new strategic investments totaling $20 million from four leading global banks. The new round is led by Citi and includes State Street, both existing investors in Capitolis, as well as new investors...
SEC charges Fair Invest and Khalid Parekh for misconduct in $18.5M securities offering
The Securities and Exchange Commission (SEC) today announced settled charges against Texas-based investment adviser Fair Invest, LLC and its sole officer and managing member, Khalid Parekh, for making false statements and engaging in other wrongdoing in a securities...
Nuclear rockets could travel to Mars in half the time − but designing the reactors that would power them isn’t easy :: InvestMacro
By Dan Kotlyar, Georgia Institute of Technology NASA plans to send crewed missions to Mars over the next decade – but the 140 million-mile (225 million-kilometer) journey to the red planet could take several months to years round trip.This relatively long transit time...
Exclusive: Fullerton Markets exec Rainer Phua joins TMGM to run Liquidity
FNG Exclusive… FNG has learned that Australia based Retail FX and CFDs broker TMGM has hired longtime Fullerton Markets executive Rainer Phua, to become Head of Liquidity Management for TMGM. He will continue to be based out of Singapore for TMGM. Rainer Phua spent...
“Trump trades” and geopolitics are the key factors driving market activity :: InvestMacro
At Friday’s close, the Dow Jones Index (US30) was up 0.97% (week-to-date +1.99%). The S&P 500 Index (US500) gained 0.35% (week-to-date +1.62%). The Nasdaq Technology Index (US100) was up 0.17% (week-to-date +1.59%). Investor rotation from technology sectors to...
Cboe Clear Europe obtains regulatory approval to clear European SFTs
Cboe Clear Europe, a pan-European clearing house, today announced that it has received regulatory approval to clear European Securities Financing Transactions (SFTs). This was granted by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). With...
Fast fashion may seem cheap, but it’s taking a costly toll on the planet − and on millions of young customers :: InvestMacro
By Paula M. Carbone, University of Southern California Fast fashion is everywhere – in just about every mall, in the feeds of influencers on social media promoting overconsumption, and in ads constantly popping up online.Its focus on the continual production of new...
dxFeed partners with hybrid trading platform Tickblaze
dxFeed, a market data solutions and index management provider for the global financial industry, announced a partnership with Tickblaze, a hybrid trading platform, giving traders seamless access to markets and liquidity. By joining forces, the firms simplify global...
EUR/USD Amid Slowing European Economy :: InvestMacro
By RoboForex Analytical Department EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB).Recent...
TradeStation introduces new Options Chain features in mobile app
TradeStation has released a new version of its Trade & Invest mobile app for iOS-based devices. The latest release of the app introduces new Options Chain features. The options chain has been enhanced with a bunch of new features, including a new expiration row,...
Binance to extend Self-Trade Prevention function to all Binance Futures users
Binance will be making the Self-Trade Prevention (STP) function mandatory for all users on Binance Futures from December 10, 2024. With this update, the self-trade prevention function will be available to all users across Spot, Margin, and Futures trading on the...
Spotware completes cTrader 5.0 rollout on all platforms with major updates to Algo Trading
Leading trading technology firm Spotware has announced that it has finalized the rollout of its cTrader 5.0 trading platform, now available to all cTrader brokers and prop firms. The company said that the update for Windows, Web, and Mobile delivers a new level of...
Exclusive: Uveler hires Exness alum Katarzyna Zakrzewska to head Performance Marketing
FNG Exclusive… FNG has learned that Cyprus based, CFDs-industry focused marketing agency Uveler Marketing has hired Katarzyna Zakrzewska as Head of Performance Marketing. The company noted to FNG that with an impressive track record at industry leaders like Exness,...
FCA imposes £40M fine on Barclays
The UK Financial Conduct Authority (FCA) has fined Barclays £40 million in total for its failure to disclose certain arrangements with Qatari entities in 2008. This follows Barclays’ decision to withdraw its referral of the FCA’s planned action to the Upper Tribunal....
GCEX extends partnership with Hex Trust for enhanced crypto asset protection
Copenhagen and London based digital assets prime brokerage GCEX Group has announced that it has extended its partnership with Hex Trust, a leading fully-licensed provider of digital asset custody, staking and markets services, to include a Secured Accounts service....
ZA Bank starts offering crypto trading services directly to retail users
Hong Kong’s digital bank ZA Bank has started offering cryptocurrency trading services directly to retail users. Through the ZA Bank app, users can now seamlessly trade top cryptocurrencies in HKD and USD (this platform currently supports trading services exclusively...
Paulson Investment Company gets a slap on the wrist for alleged FINRA rule violations
Paulson Investment Company LLC has agreed to pay a fine of $40,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From December 2020 to November 2021, Paulson failed to establish, maintain, and enforce a supervisory system,...
USD Index Bets continue divergence, Speculators cut their Euro bets :: 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 November 19th and shows a quick view of how large market...
FX week in review: INFINOX acquired, UFC Asia partner, Skilling CEO, NinjaTrader AML issues
Who acquired control of leading Retail FX and CFDs broker INFINOX? Which online broker has become the Official Partner of UFC in Asia? Who was named as the new CEO at Skilling? What anti-money laundering troubles have befallen NinjaTrader and its President Michael...
Speculator Changes led by S&P500 & Nasdaq 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 November 19th and shows a quick view of how large traders...
Speculator Bets led lower by Soybean Oil, Soybean Meal & Cotton :: 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 November 19th and shows a quick view of how large...
Weekly Speculator Changes led by 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 November 19th and shows a quick view of how large traders...
Ultra T-Bonds, AUD, 5-Year & USD Index 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 November 19th.This weekly Extreme Positions report highlights the Most Bullish and Most...
Speculator Bets led lower by 5-Year & 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 November 19th and shows a quick view of how large...
CMC Markets issues statement on StrikeX investment
CMC Markets plc (LON:CMCX), one of the world’s leading online financial trading businesses, today issued a statement on StrikeX investment. CMC Markets CEO, Lord Peter Cruddas, commented: “At CMC Markets, we are proud to partner with StrikeX, a dynamic and innovative...
SEC charges Webull Financial, Lightspeed Financial Services, and Paulson Investment Company with filing deficient SARs
The Securities and Exchange Commission (SEC) today announced that broker-dealers Webull Financial LLC, Lightspeed Financial Services Group LLC, and Paulson Investment Company, LLC have agreed to settle charges that they filed with law enforcement suspicious activity...
Digital payments app Wero to become available for Postbank customers
Postbank customers will be able to link the Wero app to their account from Monday, November 25. This allows account-to-account payments within Europe where the sender and recipient have an account with a participating bank. The European Payment Initiative announced...
Cboe to launch cash-settled index options related to spot Bitcoin
Derivatives and securities exchange network Cboe Global Markets, Inc today announced plans to launch the first cash-settled index options related to the price of spot Bitcoin beginning Monday, December 2. Exclusively listed and traded on Cboe Options Exchange, these...
UPS to pay $45M penalty to settle SEC charges
The Securities and Exchange Commission (SEC) today announced settled charges against United Parcel Service Inc. for materially misrepresenting its earnings because it failed to follow generally accepted accounting principles (GAAP) in valuing one of its worst...
Bitcoin price is approaching 100,000. Natural gas prices rise due to declining inventories and cold weather :: InvestMacro
At Thursday’s close, the Dow Jones Industrial Average (US30) was up 1.06%. The S&P 500 Index (US500) closed positive 0.53%. The Nasdaq Technology Index (US100) was up 0.36%.The Dollar Index remained above 107, holding near two-year highs, as investors assessed the...
Nadex amends rules for trading members
Nadex has submitted to the Commodity Futures Trading Commission (CFTC) its intent to amend the rules pertaining to trading members. This submission will become effective on December 6, 2024. Nadex will be amending its membership rule in order to include Entities that...
USD/JPY Awaits Potential Stimulus Impact :: InvestMacro
By RoboForex Analytical DepartmentThe USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures.Japan’s latest inflation data for October revealed a decline to 2.3%, marking the...
Interactive Brokers adds Summaries widget on Dashboard page in Client Portal
Electronic trading major Interactive Brokers continues to enhance the capabilities of its Client Portal. The brokerage has added a Summaries widget on the Dashboard home page, allowing traders to view a news summary of assets in their portfolio. They may also search...
Companies are still committing to net-zero emissions, even if it’s a bumpy road – here’s what the data show :: InvestMacro
By L. Beril Toktay, Georgia Institute of Technology; Abhinav Shubham, Georgia Institute of Technology; Donghyun (Daniel) Choi, Georgia Institute of Technology, and Manpreet S. Hora, Georgia Institute of TechnologyCompanies around the world are increasingly committed...
Portuguese bank Novobanco integrates Saxo Bank’s multi-asset platform
Copenhagen based Retail FX and CFDs broker Saxo Bank has announced that it has partnered with Novobanco, a major Portuguese full-service bank, to provide Novobanco clients with access to Saxo’s advanced trading platform, delivering a fully digital investment...
New MT5 beta build offers extended OpenBLAS support and general performance optimization
On Friday, November 22, 2024, fintech company MetaQuotes will release a new beta version (build 4695) of the MetaTrader 5 platform. The MQL5 update introduces support for more OpenBLAS library functions, as well as the TransposeConjugate and CompareEqual functions....
Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage :: InvestMacro
By Andrew J. Hoffman, University of Michigan Home insurance rates are rising in the United States, not only in Florida, which saw tens of billions of dollars in losses from hurricanes Helene and Milton, but across the country.According to S&P Global Market...
HKEX appoints Group Chief Sustainability Officer and Group Chief Communications Officer
Hong Kong Exchanges and Clearing Limited (HKEX) today announced the appointments of Mr Paul Chow as Group Chief Sustainability Officer, and Mr Jeffrey Ng as Group Chief Communications Officer. In this newly-created role, Mr Chow will be responsible for driving the...
Can AI chatbots boost human creativity? :: InvestMacro
By Jaeyeon Chung, Rice University Think back to a time when you needed a quick answer, maybe for a recipe or a DIY project. A few years ago, most people’s first instinct was to “Google it.” Today, however, many people are more likely to reach for ChatGPT, OpenAI’s...
Gary Gensler set to leave SEC on January 20
The Securities and Exchange Commission (SEC) today announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on January 20, 2025. Chair Gensler began his tenure on April 17, 2021, in the immediate aftermath of the GameStop...
Italy’s CONSOB issues orders for blocking of access to five unauthorised investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five new websites that offer financial services illegally. The websites targeted by the latest orders are: “2139 Exchange” (website https://2139q.com); Macan Holdings Ltd (website...
CMC Markets shares tumble 13% after 1H-2025 results and outlook disappoint
Shares of London based online trading provider CMC Markets (LON:CMCX) are taking a tumble on Thursday, after the company released earlier today its results for the first half of fiscal year 2025, i.e. the six month period from April-to-September 2024. At the time of...
FCA uncovers another clone of Admiral Markets
The UK Financial Conduct Authority (FCA) today issued a warning against a clone of Admiral Markets. Clones are unauthorised entities that claim to be authorised by abusing the data – name, address, logo, etc. – of authorised firms. Despite their superficial...
RBNZ may cut the rate by 0.75% next week. NVDA report did not meet investors’ expectations :: InvestMacro
At Wednesday’s end, the Dow Jones Index (US30) rose by 0.32%. The S&P 500 Index (US500) closed at the opening price. The Nasdaq Technology Index (US100) declined 0.08%.Nvidia (NVDA) reported fiscal third-quarter results that beat Wall Street estimates, but its...
Bullish Exchange to join CME CF Cryptocurrency Indices
On Monday, December 30, at 0600 Coordinated Universal Time (UTC), Bullish Exchange market data will be included in the CME CF Bitcoin Reference Rates (BRR, BRRNY, BRRAP) and Real-Time Index (BRTI). The CME CF Reference Rates are used to settle CME Group Cryptocurrency...
NZD/USD Under Pressure Amidst USD Strength :: InvestMacro
By RoboForex Analytical DepartmentThe NZD/USD pair is trading near 0.5879, experiencing volatility as the market awaits the upcoming Reserve Bank of New Zealand (RBNZ) meeting. Expectations are leaning towards a significant rate cut, with a 50-basis-point reduction...
LiquidityBook completes SOC 1 Type 1 and SOC 2 Type 1 audits
LiquidityBook, a provider of cloud-native buy- and sell-side trading solutions, announced today that it has obtained System and Organization Controls 1 (SOC 1) Type 1 and System and Organization Controls 2 (SOC 2) Type 1 attestations in accordance with guidelines from...
SEC charges Touzi Capital in connection with $115M securities offering fraud
The Securities and Exchange Commission (SEC) has filed a lawsuit against Eng Taing and the entity he controls, Touzi Capital, LLC. This civil enforcement action concerns a $115 million securities offering fraud by Taing and Touzi Capital. When pitching these...
Irish c-bank takes enforcement action against BlueSnap Payment Services Ireland Limited
The Central Bank of Ireland has fined BlueSnap Payment Services Ireland Limited €324,240 for breaching requirements of the European Union (Payment Services) Regulations 2018 (the PSR 2018) between January 2021 and December 2022. BlueSnap was authorised by the Central...
Worldline signs contract with GarantiBBVA International to implement its cloud-based instant payments solution
Payment services provider Worldline has signed a contract with GarantiBBVA International N.V. to implement its cloud-based instant payments solution. This multi-year agreement will empower GarantiBBVA International to seamlessly comply with the latest regulatory...
Public.com makes margin investing available to its clients
Public.com has announced that margin investing is now available on Public. Members can increase their buying power with a transparent margin experience designed to keep them informed at every step. To invest on margin, Public members can use the stocks and bonds in...
SFC issues notices to Interactive Brokers, SBI, Monmonkey, Soochow to freeze certain client accounts
The Securities and Futures Commission (SFC) of Hong Kong has issued restriction notices to four brokers, prohibiting them from dealing with or processing certain assets held in their client accounts for suspected market manipulation or fraud involving unauthorised...
Euroclear appoints Nils Jean-Mairet as group CFO
Euroclear today announced the appointment of Nils Jean-Mairet as Chief Financial Officer (CFO), effective from 1 December. The move completes the composition of the group’s new Executive Committee. Mr Jean-Mairet joins Euroclear from McKinsey & Company where he...
