Online broker Rakuten Securities Hong Kong will introduce administrative fees for inactive accounts, the company said in a notice to its clients. Starting from January…
Afterpay adjourns meeting dedicated to Square deal
Afterpay Ltd (ASX:APT), a provider of “Buy Now, Pay Later” services, today announced an adjournment of the meeting dedicated to the proposed acquisition of the…
Saxo Markets introduces bundled pricing plans in Singapore
Online trading and investment specialist Saxo Markets today announces the launch of pricing plans for its clients in Singapore. Singapore is the first international market…
Alibaba names Toby Xu its CFO
Alibaba Group Holding Limited (NYSE:BABA) today announced that Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the Company’s Chief Financial Officer, effective…
Admirals announces changes to Stop/Limit settings for FX and CFD instruments
Online trading company Admirals will introduce a minor change to its trading terms, which should not affect more than 1% of its clients. Beginning December 6,…
David Beckham signs as Brand Ambassador for offshore FX broker GemForex
We’re not sure just how much diligence David Beckham and his people did before signing this sponsorship deal, but the global soccer icon has reportedly…
CFTC to push for final judgment against GNTFX operator
The United States Commodity Futures Trading Commission (CFTC) is pressing ahead with its action against Casper Mikkelsen, the operator of fraudulent investment company GNTFX. This…
US Department of Treasury no longer labels Switzerland as currency manipulator
The U.S. Department of the Treasury today delivered its semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the…
FX week in review: IG sells Nadex, Steven Cohen’s FX deal, PFOF attacked
Who acquired IG Group’s US-based regulated binary options business Nadex? Which up-and-coming institutional FX and crypto company got billionaire Steven A. Cohen’s attention, to the…
SEC charges trio involved in unlawful insider trading in Snap securities
The United States Securities and Exchange Commission (SEC) has launched an enforcement action against three individuals involved in unlawful insider trading in the securities of…