finra
April 21, 2021 BY Steffy Bogdanova

FINRA bars former Goldman Sachs research analyst Brian Maguire

The US watchdog found that in April and June last year, Maguire bought shares of two companies in undisclosed accounts after learning important information not yet open to the public. He received internal emails revealing that the research analyst covering those companies was upgrading his recommendation from “Neutral” to “Buy” in upcoming research reports. Maguire…

Read more
Lars Gottwik set to leave JFD after ten years
April 21, 2021 BY Steffy Bogdanova

Lars Gottwik set to leave JFD after ten years

Lars Gottwik expressed in a heartfelt note: It was a unique experience and great adventure growing JFD, together with my teammates, from zero to a globally renowned multi-asset broker. Our team spirit, combined with the ambition to change a whole industry for the better by becoming more transparent and client-centric, made the difference. After these…

Read more
Acquisition
April 21, 2021 BY Steffy Bogdanova

Plus500 acquires Cunningham Commodities, enters US futures market

David Zruia continued: The acquisition represents an important strategic step for Plus500 as we continue to transition into a global, multi-asset fintech group. Our long-term ambition is to enable simplified, universal access to financial markets, and I’m excited that we have taken a further step toward achieving this today. Bill Cunningham, Andrew Busby and Nate…

Read more
FCA warning
April 19, 2021 BY Steffy Bogdanova

FCA warns against CMC Capital and FastCryptoFX clones

Unauthorised firm - Global Blockchain Protection Association Address: Salisbury House, 81 High Street, Potters Bar, Herts, UNITED KINGDOM, EN6 5AS Telephone: +3 197010281211 Mobile: 07877198638 Email: [email protected] Savings Solutions Address: 71-75 Shelton Street, London, WC25 9JQ Email: [email protected] Website: https://www.savings-solutions.com/ UK Alliance Bonds Address: 62 Wandsworth Rd, Nine Elms, London, SW8 2FA Website: https://ukalliancebonds.com Unauthorised…

Read more
CLS
April 19, 2021 BY Steffy Bogdanova

CLS reports an increase in March trading volumes

The forward and spot FX market saw 2% increase in volumes, reaching $0.117 trillion and $0.483, respectively. The numbers in these sections of the market remained lower compared to the ones reported during the same period in 2020. CLS’s Global Head of Product, Keith Tippell, commented: In the first quarter of 2021, we witnessed record…

Read more