US retailing giant Walmart Inc. (NYSE:WMT) has announced what it calls a “major partnership” with Litecoin. The company intends to give its millions of shoppers…
Walmart denies Litecoin deal, says press release was fake
In an interesting turn of events (certainly for crypto traders), retailing giant Walmart has announced that the press release made via popular PR website GlobeNewswire…
Russian c-bank introduces capital adequacy ratio for Forex brokers
The Central Bank of Russia today announced the introduction of a capital adequacy ratio for professional market participants, a category that includes Forex dealers (the…
CLSA Premium fined for AML breaches following NZ regulatory proceedings
New Zealand’s Financial Markets Authority (FMA) today announces that CLSA Premium New Zealand Limited (CLSAP NZ) has been ordered to pay a total pecuniary penalty…
FINRA fines SogoTrade for lack of Securities Trader registration of two APs
The United States Financial Industry Regulatory Authority (FINRA) today accepted an offer of settlement submitted by online brokerage firm SogoTrade, Inc. The offer was submitted…
DOJ seeks to nix case brought by Forex Cartel trader
A lawsuit brought by Richard Usher, a former Forex trader known for his participation in the “Cartel” chatroom, continues at the District Of Columbia District…
Cboe to introduce “Hard to Borrow List” functionality
Effective September 29, 2021, Cboe Global Markets will make available to Members a ‘Hard-to-Borrow List’ accessible via the Port Controls tool in the US Customer…
FX week in review: Amana replaces CEO, FX broker gets ASIC license, Saxo hits new low
It was a very mixed bag of FX industry news this past week, with some key management replacement moves at some key FX brokers, a…
Exclusive: GKFX UK reduces loss in 2020 to £2.9M
FNG Exclusive… FNG has learned via regulatory filings that FCA regulated FX and CFDs broker GKFX Financial Services Ltd has sharply cut its losses in…
Saxo Markets Singapore offers new clients to trade ETFs with zero commission
Saxo Markets Singapore, a subsidiary of Saxo Bank, is offering new clients to make use of zero commission ETF trading. This Global ETFs Zero Commission…