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…
OANDA seeks Court’s assistance with discovery in patent infringement case
Although OANDA and GAIN Capital have recently agreed on access to source code materials in a patent infringement lawsuit, the brokers remain at odds over…
CySEC extends suspension of license of FXGM parent Depaho
The Cyprus Securities and Exchange Commission (CySEC) today announced an extension of the suspension of the authorization of Depaho Ltd. As FX News Group has…
CMC Markets’ Sarah Ing to assume role of Alternate Director of Gresham House
UK online broker CMC Markets Plc (LON:CMCX) today announces that Sarah Ing, a Non-Executive Director of the company, will be appointed as an Alternate Director…