Shortly after BTIG responded to the Securities and Exchange Commission (SEC) complaint alleging short selling rules violations, the regulator has made it clear that it…
Big Brokers Don’t Outsource to 3rd Party Tech Providers?
The following is a guest editorial courtesy of Panda Trading Systems. A New Trend Emerges It’s an often-repeated myth in online trading that technology providers…
TP ICAP benefits from improved Q3 trading environment
Interdealer broker TP ICAP Group plc (LON:TCAP) today announced it will release its Q3 trading statement on November 2, 2021. The Group says it has…
New Zealand watchdog censures Firma Foreign Exchange Corporation (NZ)
New Zealand’s Financial Markets Authority (FMA) today announces that it has censured Firma Foreign Exchange Corporation (NZ) Limited after finding it had materially contravened a…
Equals Group marks acceleration in trading, revenues rise in Q3 2021
Equals Group plc (LON:EQLS), a technology-led international payments group focused on the SME marketplace, today providedd a trading update for the three months to 30…
CFTC, Lighthouse Futures reach settlement in solicitation fraud lawsuit
More than a year after the United States Commodity Futures Trading Commission (CFTC) charged Craig L. Clavin and his company Lighthouse Futures, Ltd with fraudulent solicitation…
NAGA Group posts record Revenue of $15M and EBITDA of $5.2M in Q3-2021
Social trading focused online broker NAGA Group AG (ETR:N4G) has released unaudited preliminary group figures for the 3rd quarter of 2021, indicating a record quarter…
FX week in review: TRADANTS and BankPro launches, Crypto scam arrests, FlowBank raises $11M
This week’s forex industry news was dominated by several new company and project launches by well known FX industry people, slightly outside the “mainstream” of…
Jefferies estimates max loss exposure due to FXCM involvement at $109.5M
Investment bank and financial services firm Jefferies Financial Group Inc (NYSE:JEF) has estimated that its maximum exposure to loss as a result of its involvement…
Citi ordered to produce material related to DOJ FX spot market investigation
Ex-Citi Forex trader Rohan Ramchandani has secured a small win in the lawsuit against his former employer, as he gained access to a heavy volume…