ASIC
September 11, 2020 BY Steffy Bogdanova

Insider trader sent to prison for three years for trading in Big Un shares

Throughout the course of the investigation, Ho co-operated with ASIC, participated in voluntary interviews and provided documents. Ho also formally admitted to the offences and the facts regarding them. In recognition of this co-operation, Ho’s sentence was reduced by half. ASIC Deputy Chair Daniel Crennan QC commented: ASIC will take strong action against market misconduct…

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CFD Trading provider TradeMax rebrands to TMGM
September 10, 2020 BY Steffy Bogdanova

CFD Trading provider TradeMax rebrands to TMGM

In recent years TMGM has experienced major growth in the CFD trading space and solidified its commitment to investors. The expansion has also spread to the company’s team with the addition few new global members to service customers in more languages. TMGM’s new CMO, Angelo D’Alessio, is based in Sydney and is focused on implementing…

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MetaTrader 5 now offers access to US Cash Equities through DriveWealth
September 10, 2020 BY Steffy Bogdanova

Brokers using MetaTrader 5 can now access US Cash Equities through DriveWealth

DriveWealth’s Qualified Intermediary partner, MarketsDirect, can attract non-US brokers and provide a MetaTrader 5 supported server to server multi-asset trading platform, connecting to DriveWealth for full and fractional share trading in US equities. The dealer offers FX and futures markets and within the MarketsDirect environment, it can also leverage across asset classes. Robert Cortright, CEO…

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September 10, 2020 BY Steffy Bogdanova

Investors who lost millions to Yieldstreet bring class action lawsuit

Michael Tecku, investor who lost a substantial amount of money in YieldStreet, said: The dream of YieldStreet was beautiful, but the reality is a nightmare. These investments were marketed as low risk asset-backed institutional investments run by experts with reasonable returns, but the truth is, there are no experts and there is no institution. It’s…

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Integral
September 09, 2020 BY Steffy Bogdanova

Integral launches latest version of FX Inside institutional single dealer platform

The trading solution is built on a ReactJS framework for a responsive design and faster web-browser reaction time. Users can also integrate third-party applications and the interface can be translated into any language. Harpal Sandhu, CEO Integral commented: In this current environment, it has become evident that institutions need access to a scalable and sophisticated…

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September 09, 2020 BY Steffy Bogdanova

FXCM launches SMS Trading Alerts

Brendan Callan, CEO of FXCM commented: We are always looking for new ways to increase the efficiency and ease of trading for our customers. Sending free SMS trade alerts ensures our customers are always up to date on the latest market moves, making it easier than ever to identify the best trading opportunities. The instruments…

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Edgewater Markers
September 09, 2020 BY Steffy Bogdanova

Edgewater Markets makes senior appointments in its London office

Leo Furze-Waddock said: Edgewater is an exciting opportunity to innovate, working with some of the most challenging aspects of real-time, high velocity, UX focused, web applications. Edgewater Markets appointed Pietro Carrieri as Senior C++ Developer. He will focus on Edgewater’s low latency core engine. Prior to that, Carrieri  served as Managing Director of Software Development…

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