Multi-asset investment specialist Saxo Bank has ranked the most popular stocks among its clients for 2021. The top two slots are taken by Tesla and…
Ponzi scam victim revives complaint against Interactive Brokers
About a month after the Court sided with Interactive Brokers in a lawsuit alleging the electronic trading major aided the Ponzi scam orchestrated by Haena…
BaFin imposes EUR 8.66 million fine on Deutsche Bank
Germany’s Federal Financial Supervisory Authority (BaFin) announces that it has imposed an administrative fine of EUR 8.66 million on Deutsche Bank AG. The regulator explains…
Rakuten Securities Australia expands metals offering
Online trading company Rakuten Securities Australia is further expanding its lineup of trading instruments. The broker has announced the addition of a set of trading…
CFTC charges Thomas Plaut in multi-million dollar retail forex fraud
U.S. derivatives market regulator The Commodity Futures Trading Commission (CFTC) has announced that it has filed a civil enforcement action in the U.S. District Court…
Exclusive: TopFX hires Tickmill alum Omar Al-Janabi to head new Dubai office
FNG Exclusive… FNG has learned that Cyprus based Retail and Institutional FX broker TopFX has opened a new office in Dubai, to serve Arabic speaking…
Exclusive: ADSS departures continue – Heads of Compliance and Front Office leave
FNG Exclusive… Following up our recent exclusive coverage of the series of senior management departures at Retail FX broker ADSS at both its UAE headquarters…
FX week in review: Anti-PFOF ads, eToro results, GMI management, Playtech shareholder vote
It was a holiday shortened week as we head into the end-of-year break, but there was still plenty of Forex Industry News to report. Which…
Exclusive: TopFX institutional sales head Michael Nichols resigns
FNG Exclusive… FNG has learned that Cyprus based FX broker and services provider TopFX has seen the departure of senior management member Michael Nichols. Michael…
Dubai / Hong Kong trading firms hit with fines for Wash Trades
The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has issued an order filing and simultaneously settling charges against Dubai residents Kunal Bansal…