Whistleblower
May 11, 2021 BY Steffy Bogdanova

SEC awards two whistleblowers with $22 million

So far, the agency has awarded over $838 million to a total of 156 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…

Read more
StoneX
May 10, 2021 BY Steffy Bogdanova

StoneX joins London Stock Exchange and Turquoise

In its new membership, StoneX will provide an onboarding process and a more comprehensive offering to banks, institutions, family offices and retail traders. They will be able to access all financial markets via StoneX’s offering of products and services. Robert Barnes, Group Head of Securities Trading and CEO of Turquoise, London Stock Exchange Group, said:…

Read more
CMC Markets
May 10, 2021 BY Steffy Bogdanova

CMC Markets expands offering with ‘Signature’ share basket CFDs

The analytical methodology the new share baskets use identifies stocks exhibiting positive momentum when compared to their benchmark indices. The algorithm also backtests the performance of the stocks. Julius de Kempenaer of RRG Research added: Products like this are designed to offer another layer of flexibility and recognise the increasingly sophisticated needs of CMC’s clients.…

Read more
daily market analysis
May 10, 2021 BY Steffy Bogdanova

Daily market commentary: The pound is gaining ground following elections in England and Scotland

OIL Investors remain bullish on the whole commodity sector and oil is proving no exception with further gains today. Moreover, the cyber-attack which has hit Colonial Pipeline is generating further buying. The technical scenario remains supportive as the combination of expectations of economic recoveries and inflation fears are pulling up the price of both WTI and Brent.…

Read more
Equiti Capital onboards NatWest Markets as another Prime Broker
May 10, 2021 BY Steffy Bogdanova

Equiti Capital onboards NatWest Markets as another Prime Broker

Marcus Butt, Head of Global FX Prime Brokerage at NatWest Markets, said: We are very pleased that Equiti Capital have recognised our PB solutions as market leading and are looking forward to supporting Equiti Capital’s continued growth. Equiti Capital FX Desk's voice execution offering has also contributed to the continued growth with its macroeconomic insights,…

Read more
Monetary Authority of Singapore
May 07, 2021 BY Steffy Bogdanova

MAS issues 10-year ban on FX fraudster

The Singapore watchdog found that Ahmadnawar solicited investments from 32 individuals from 2015 to 2017. He drew up contracts to manage the money from his investors and foreign exchange on their behalf. MAS noted that he carried out these fund management operations without holding a capital markets services licence. During the same period, Ahmadnawar also…

Read more