Category: Forex

Whistleblower receives $9 million award from CFTC
October 22, 2021 BY Steffy Bogdanova

Whistleblower receives a $200 million award from CFTC

The CFTC explained that in order to qualify for the award, a whistleblower who provided significant information to an investigation, must demonstrate a connection between their contribution and the regulator’s ability to successfully complete its investigation, and to either obtain a settlement or prevail in a litigated proceeding. The CFTC has determined that this whistleblower…

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October 21, 2021 BY Steffy Bogdanova

BaFin investigates trading platform coinstrades.com

Under the German Banking Act (Kreditwesengesetz – KWG), companies conducting banking business or provide financial services in Germany are required to have an authorisation. BaFin stated: BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that anyone seeking to invest money online should exercise the…

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Cboe Global Markets
October 21, 2021 BY Steffy Bogdanova

Cboe enters the digital asset space with the acquisition of ErisX

Ed Tilly, Chairman, President and CEO of Cboe Global Markets, said: We believe our acquisition of ErisX, coupled with broad industry participation and support, will help us bring the regulatory framework, transparency, infrastructure and data solutions of traditional markets to the digital asset space. ErisX has shown an unwavering commitment to improving spot and derivatives…

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Tickmill
October 20, 2021 BY Steffy Bogdanova

Tickmill adds MetaTrader 5

Mattus remarked the few advantages the new trading platform has over its predecessor. Among the new features in MetaTrader 5 are its optimized interface, improved speed, upgraded charting and tools. Tickmill Group clients can now benefit from a more powerful trading experience with a larger range of technical indicators and graphical objects, along with customizable…

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Credit Suisse
October 20, 2021 BY Steffy Bogdanova

FINMA investigation found Credit Suisse spied on seven people

FINMA said: The way in which the observation activities were planned and carried out revealed serious shortcomings in the bank’s corporate governance. Observations were not specifically prohibited in Credit Suisse’s policies, but neither were they regulated. Corresponding risk management processes and integration into the internal control system were lacking. In most cases, decisions to carry…

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CAPEX.com launches investment portfolio builder QuantX
October 20, 2021 BY Steffy Bogdanova

CAPEX.com launches investment portfolio builder QuantX

CAPEX recently launched StoX, their 0-commission, unleveraged stock trading product. QuantX is driven by the brand’s strategy to extend its product range. The “X” branded line of services aims to disrupt and change the global perception of what online trading means in 2021 and to produce complex products and markets more accessible to investors. Christina…

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Vantage FX
October 20, 2021 BY Steffy Bogdanova

Vantage FX appoints Anton Tsoy as Country Manager for Kazakhstan

Anton Tsoy, Country Manager for Kazakhstan at Vantage FX, commented: Since I entered the space in 2011, I’ve had dreams of establishing a new, customer-centric style of brokerage in Kazakhstan. Vantage FX first got my attention for its impressive footprint of global licenses and notable award wins, but what really drew me in was how…

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StoneX
October 20, 2021 BY Steffy Bogdanova

StoneX launches Prime Direct offering

Clients can access the Prime Direct Platform via StoneX’s digital platform allowing them to trade US equity and options while leveraging StoneX’s white-glove service and technical expertise. The Prime Direct offering is designed to make prime brokerage services that are provided by top-tier financial institutions to clients with the institutional-grade algo order routing that emerging…

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BDSwiss to sponsor DP World Tour Championship
October 19, 2021 BY Steffy Bogdanova

BDSwiss to sponsor DP World Tour Championship

BDSwiss CEO Alexander Oelfke commented: At BDSwiss, we are immensely proud to collaborate with the European Tour in sponsoring the DP World Tour Championship — a prestigious golf event that supports our global brand image and resonates with our core values of integrity, perseverance, and commitment to world-class performance. Daniel Takieddine, BDSwiss Senior Executive Officer…

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LSEG names Ivan Gilmore Head of Cash Equities for LCH
October 19, 2021 BY Steffy Bogdanova

LSEG names Ivan Gilmore Head of Cash Equities for LCH

Isabelle Girolami, CEO LCH Ltd, commented: I am delighted Ivan is joining Christophe and I. He brings with him over 20 years of experience in equities within the industry and at LSEG.  This is an exciting time for the group and I look forward to working with him to develop EquityClear further into new markets…

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