Whistleblower
December 13, 2022 BY Steffy Bogdanova

Whistleblower receives a $20 million award from SEC

Creola Kelly, Acting Chief of the SEC’s Office of the Whistleblower said: Whistleblowers may lead to the success of an enforcement matter by providing information that causes an investigation or examination to open or that meaningfully advances an existing investigation. Payment of the awards is taken out of an investor protection fund set up by…

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Equinix expands footprint in India with a fourth data centre
December 13, 2022 BY Steffy Bogdanova

Equinix expands in South Africa with a $160 million investment in a data center

With the new investment, the company enters strategically important connectivity hub for digital networks. The South African market boasts a significant network of submarine communications cables, established at several points across the country's 2,850 kilometres of coastline. Eugene Bergen, President, EMEA, Equinix, said: We entered the African continent earlier this year with the acquisition of…

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oneZero
December 13, 2022 BY Steffy Bogdanova

oneZero adds Cboe FX and State Street to its EcoSystem

State Street will utilize shared, as well as tailored streams via direct relationships with their liquidity consumers. This will allow them to send clients a customized blend of liquidity, benefiting from multiple streams that allow for individual pricing per client segment according to flow characteristics, as well as shared streams for scalability. Ben Leit, Vice…

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December 12, 2022 BY Steffy Bogdanova

FCA fines Metro Bank PLC £10 million for compliance lapses

In the official announcement, FCA alleges the bank was aware of its incorrect submission but did not offer an explanation in the quarterly update. The FCA stated: Metro Bank also failed to consider, and to seek legal advice on, whether the incorrect RWA figure ought to be qualified or explained in the October Announcement. As…

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IG Group
December 12, 2022 BY Steffy Bogdanova

IG Group adds AQSE stocks to its UK trading offering

Adam Blemings, Head of Trading at IG Group said: We aim to provide ambitious, self-directed individuals with unparalleled access to the world's financial markets to help them reach their financial goals. We are thrilled to add AQSE stocks electronically as the latest in our ongoing expansion of our array of financial assets. Earlier in September,…

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SGX
December 12, 2022 BY Steffy Bogdanova

SGX FX volume surges 104% YoY in November

The Singapore Exchange said in the official press release: Record foreign exchange (FX) trading activity drove derivatives volume, amid optimism on Asian economies and signs that the U.S. Federal Reserve will slow its pace of interest-rate hikes. Derivatives daily average volume (DAV) for the period decreased to 1.1 million contracts, registering an 8.3% fall compared…

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Saxo Bank
December 12, 2022 BY Steffy Bogdanova

Saxo Bank’s Steen Blaafalk announces retirement

Despite his retirement, Blaafalk noted that he will not step down from his directorship roles at this time. He said: It will not be a complete goodbye to Saxo Bank, as I will continue in some directorships of our subsidiaries and I will always be an ambassador for this GREAT company. I will also pursue…

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