Nicolas Breteau, CEO of TP ICAP Group, commented: The Parameta Solutions business is an engine of sustainable growth and diversification for our Group. Its strategy is to develop new products, provide new methods of distribution and grow its client base by expanding its presence with the buy side. Giving the business a new, distinct identity…
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The Financial Industry Regulatory Authority has been known to fine brokerages in the past for failing to report such transactions, including Deutsche Bank’s U.S. securities branch and Merrill Lynch. Regulatory filings eventually revealed that retail investors with Robinhood held a total of $802.5 million in fractional shares. These filings were divulged at the end of…
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GOLD The US Dollar is showing fractional gains against the eurozone currency, while the Dollar Index is also recovering and US yields are in green as well. These movements are similarly reflected on the gold price, which is showing a marginal loss and remains below the key resistance at $1,750. Only a clear surpass of…
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The exchange noted that INR/USD Futures have reached 4.3 million with 27% quarter-over-quarter increase and SGX USD/CNH Futures gained 9% to 2.7 million. SGX stated: SGX set monthly volume records for its USD/SGD, INR/USD and USD/INR (USD) futures in March, reflecting strong demand among global institutional investors to risk-manage Asian currencies. The exchange is Asia’s…
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So far, the agency has awarded over $762 million to a total of 148 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…
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The company also witnessed a record number of active traders during March 2021 – 187,609 – which substantially topped last month’s record of 178,175 for Exness. To once again demonstrate the company’s rapid growth, it is worth noting that the number of active clients using the Exness platform was 103,373 in March 2020. Overall, Exness…
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Arthur Hayes, the former CEO of cryptocurrency exchange platform BitMEX, has surrendered himself in Hawaii to the US authorities and appeared in court on Tuesday. Hayes faces charges suggesting that he did not take necessary action in preventing his innovative start-up from becoming a platform for money laundering crimes. Hayes’ surrender comes six months after…
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The CFTC found that since December 2017, Saffron has fraudulently solicited around $15,815,967 worth of Bitcoin and U.S. dollars from 179 investors to trade off-exchange binary options on forex and cryptocurrency pairs, among other things. Saffron created Circle Society and used it to carry out his fraudulent activity. The CFTC has stated that Saffron and…
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The ADV FX reached $21.17 billion in March with a 3.3% MoM decrease, compared to the $21.89 billion in the previous month. From a Year-on-year perspective, Euronext FX volumes fell 40.2% YoY in March 2021 from the $814.01 billion in March 2020. ADV Euronext FX dropped 42.8%YoY in March 2021 from $37 billion during the…
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EUROPEAN SHARES European equities were trading slightly lower at Friday’s open, without clear direction, following a negative Asian session as Chinese inflation weighs on market sentiment. Even if most investors were recently reassured by FED officials confirming the need to persist with the current strong monetary support to the economy, today’s CPI data from China…
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