The U.S. Commodity Futures Trading Commission (CFTC) has announced that Judge Timothy M. Cain of the U.S. District Court for the District of South Carolina entered a Consent Order against Defendant Jody Dupont of Anderson, South Carolina, and an Order of Default Judgment against his company, Open Range Trading LLC, also of Anderson. Neither DuPont nor Open Range…
Read moreHSBC Holdings plc has announced that Iain Mackay will retire from HSBC, to be succeeded as Executive Director and Group Finance Director by Ewen Stevenson. The specific retirement and appointment dates will be confirmed in due course. Group Chief Executive, John Flint said: We are very grateful to Iain Mackay for his 11 years of…
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Abu Dhabi based financial services firm ADSS has announced the appointment of Jean El Khoury as head of marketing, based at the company’s HQ in Abu Dhabi. Jean El Khoury has over 11 years of experience covering online marketing, technology and business development as well as strategic planning. He is recognised as a specialist in…
Read moreAlipayHK and GCash today announced the launch of a cross-border remittance service through their e-wallet platforms, powered by blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group. This is the first blockchain-based cross-border digital wallet remittance service globally, offering a fast, secure, convenient, transparent and low-cost way to transfer…
Read moreTechnology, liquidity and solutions provider for crypto and FX brokerages B2Broker has announced the release of its Investment Platform for MetaTrader 5, which is now available in the broker App Store. The new platform is available as an automated investment service that can help brokerages increase their earnings. The platform allows businesses to launch an…
Read moreMauritius financial regulator the Financial Services Commission (FSC) has announced that a licence was purportedly issued with the licence number 216/13 on 06 March 2012 in the name of Cynthia Johnson Loan Company International and Skye Trade Cooperative (which is licensed as B.O Tradefinancials Ltd). The entities are claiming to hold a Category 2 Global…
Read moreNasdaq (Nasdaq:NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 15th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of global index provider FTSE Russell, during their annual reconstitution. A record 1.188 billion shares representing $39.26 billion were executed in…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Before the weekend, OPEC and non-OPEC oil producers finally reached a constructive agreement and decided to increase crude oil production appropriately from July. As the international crude oil market increased by nearly 1 million barrels a day in the second half…
Read moreIS Prime, part of ISAM Capital Markets, has announced that it is launching an NDF and Forward execution facility within its Agency desk. This latest development further strengthens the IS Prime brand as the company continues to diversify its offering. According to Raj Sitlani, Managing Partner, IS Prime: As a top tier multi-asset institutional brokerage…
Read moreDeutsche Börse Cash Market has just announced that investors can now trade round about one million certificates and warrants on the Frankfurt Stock Exchange from 8 am to 10 pm - expanding trading hours to one hour earlier in the morning and two hours longer in the evening. It is the first time that trading…
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