Interactive Brokers Group, Inc. (NASDAQ:IBKR), one of the major providers of online trading services in the US, keeps enhancing the capabilities of its Trader Workstation (TWS) platform. We have been curious to see what's in store for users of the solution and, so, we took a look at TWS Beta Build 955, which seems to…
Read moreAndrew Bailey, the Chief Executive Officer of the UK Prudential Regulation Authority, will take the helm of the Financial Conduct Authority (FCA). HM Treasury have today announced his appointment as the new CEO of the FCA. Mr Bailey will assume his new role once his successor at the Prudential Regulation Authority (PRA) has been found.…
Read moreHe's back. One of the more interesting and successful personalities in the retail forex business has returned to the sector after a more than two-year self imposed hiatus. After selling his company MIG Bank to Swissquote in late 2013 for $70 million Hisham Mansour is back in the Retail FX game. As we reported exclusively…
Read moreCLS Group (CLS), a provider of risk mitigation and operational services for the global Forex market, today announces that Samsung Securities Co., Ltd. (KRX:016360) has become the first non-bank financial institution (NBFI) to join the CLS system via third party access in South Korea. Samsung Securities is now settling Forex transactions in CLS via its…
Read moreSafeCharge International Group Ltd (LON:SCH), an international provider of payments services, technologies and risk management solutions for online and mobile businesses, has been quite active in signing up new partners lately. Less than a week after the company announced a partnership with Korean-based online games billing and payment solution providing company Payletter, it unveils another…
Read moreThere is one more important announcement from major online trading services provider CMC Markets plc regarding its plans to proceed with an initial public offering (IPO) on the London Stock Exchange... The company has just announced the price range for the IPO and its intention to publish, later today, the Prospectus for the Offer. The highlights: The…
Read moreIsraeli Fintech startup Football Fans Marketplace (FBFM) is opening the world of soccer investment to football fans thanks to crowdfunding practices. The business model of the initiative is fairly simple: fans get to invest in their favorite players and clubs by providing them with loans. Whereas fans are able to benefit from the success of…
Read moreMonex Group, Inc. (TYO:8698) has earlier today posted its preliminary financial metrics for the third quarter of its fiscal year to the end of March 2016, with numbers pointing to a loss for the three-month period and to a quarter-on-quarter drop in revenues. Total operating revenues for the quarter to December 31, 2015 amounted to…
Read moreLast Thursday it was decided that a Palm Beach County, Florida man was sentenced to 27 months in federal prison, following his wire fraud and criminal contempt convictions. David Lee Ortiz, 39, of Palm Beach County, was sentenced by United States District Judge Robin L. Rosenberg in Fort Pierce, following his prior plea of guilty to telemarketing…
Read moreThe United States National Futures Association (NFA) today highlighted again the importance of its members meeting capital requirements. The NFA announced that it has permanently barred CC Trading Company LLC (CC Trading), an NFA Member introducing broker located in New York, from membership and from acting as a principal of an NFA Member. The decision…
Read more