FNG Exclusive… FNG has learned that Spreadex founder and longtime CEO Jonathan Hufford has stepped down from his executive role at the company, handing the…
FX week in review: Exness tops $1 trillion, new CEOs (Capital Index, Zenfinex), BankPro launch
While last week’s Forex industry news was dominated by broker results, this week’s version was all about people. At FNG we brought you exclusive coverage…
Report shows many US broker-dealers cling to risky products despite Reg Best Interest
The North American Securities Administrators Association (NASAA) today announced the results of a nationwide survey conducted by state securities regulators that provides a comprehensive look…
Equiniti acquisition by Earth Private Holdings secures FCA approval
Equiniti Group PLC (LON:EQN) today provided an update on its acquisition by Earth Private Holdings Ltd – a newly-formed company owned by funds managed or…
Exclusive: Trading 212 hires Philip Parsons as CFO
FNG Exclusive… Further to our recent exclusive reports that Bulgaria/UK based, FCA regulated online broker Trading 212 was rebuilding its management team – with the…
CySEC withdraws CIF license of SonaFX operator
The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus Investment Firm authorisation with Number 174/12 of Sonaf Business Ltd. The…
Euronext reports 4.2% Y/Y drop in FX trading revenue in Q3 2021
Euronext NV (EPA:ENX) has just reported its financial results for the third quarter of 2021, with FX revenues continuing to slide. FX trading reported revenue…
Credit Suisse income benefits from Archegos-related impact in Q3 2021
Credit Suisse today posted its financial report for the third quarter of 2021. Credit Suisse reported a pre-tax income of CHF 1.0 billion for the…
ASIC secures Court orders against unlicensed scheme A One Multi Services
The Australian Securities and Investments Commission (ASIC) has moved to shut down unlicensed financial services business A One Multi Services Pty Ltd, which is suspected…
Stock trader gets prison sentence for insider trading and investment fraud
The United States Attorney for the Southern District of New York announced today that Donald Blackstad, a stock trader and the owner and principal of…