The UK Financial Conduct Authority (FCA) has confirmed that it will be taking forward proposals to create a new type of open-ended authorised investment fund…
GMO Financial Holdings marks rise in profits in first nine months of 2021
Japanese online trading services provider GMO Financial Holdings Inc today posted its financial metrics for the first nine months of 2021. Operating revenue for the…
Exclusive: Andreas Andreou rejoins HotForex to head Bus Dev
FNG Exclusive… FNG has learned that longtime HotForex executive Andreas Andreou has returned to the company, as Head of Business Development. Andreas Andreou had been…
Customer income supports Plus500 revenues in Q3 2021
Online trading company Plus500 Ltd (LON:PLUS) today issued a trading update for the three months ended 30 September 2021. Revenue in Q3 2021 amounted to…
HSBC registers drop in FX revenues in Q3 2021
HSBC Holdings plc (LON:HSBA) today posted its financial results for the third quarter of 2021, with Forex revenues staging a drop from the year-ago period.…
Valereum Blockchain signs option to acquire 80% stake in Gibraltar Stock Exchange
Gibraltar-based blockchain technology group Valereum Blockchain Plc today announced that it has signed an option to purchase 80% of the Gibraltar Stock Exchange (GSX). The…
Deutsche Bank completes first live trades on e-FX trading hub in Singapore
Deutsche Bank today announced that it has completed its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1. The…
CySEC further extends suspension of authorization of FXGM parent Depaho
The Cyprus Securities and Exchange Commission (CySEC) today announced further extension of the suspension of the authorisation of the Cyprus Investment Firm Depaho Ltd. Depaho, which…
FX week in review: Playtech sold, Trading 212 hires COO, Australia CFD rules
Who stepped up and bought Playtech for £2.1 billion, a 58% premium to its market valuation? And, what does it mean for the pending sale…
USGFX bankruptcy update: $14M missing with UPay, $137M deposit claims
The story of the bankruptcy of Australian Retail FX broker USGFX just got stranger. And, potentially, a lot bigger. The administrators for bankrupt Union Standard…