Tag: featured
FX week in review: NAGA Group sold, Prospero Markets loses license, eToro Italy head
Which Retail FX and CFD brokerage operator is merging with NAGA Group, and in the process taking over 75% ownership in the combined comp [...]
Exclusive: 4T Markets posts £300K loss in first full year of operation FY2023
FNG Exclusive… FNG has learned that London based Retail FX and CFDs broker 4T Markets Limited posted a net loss of £300,000 in fiscal ye [...]
CFI launches Beta Version of its in-App AI Trading Assistant
Leading MENA based broker CFI has announced the launch of the Beta Version of its in-App AI Trading Assistant.
CFI first announced an AI [...]
Prospero Markets has its ASIC AFS license suspended
Following our FNG Exclusive report from last month that Australia police had raided the offices of ASIC licensed Retail FX and CFDs brok [...]
Fund distribution looms in investor lawsuit against FXCM Inc
Several months after the New York Southern District Court approved a $6.5 million settlement in the class action lawsuit against FXCM In [...]
EBS NDF trading to move to single liquidity pool
Starting October 2024 EBS NDF trading will move to a single liquidity pool. This consolidation will drive trading and operational effici [...]
ASIC bans former director of Acquire Strategic Advisers
The Australian Securities and Investments Commission (ASIC) has banned Mark Andrew Cooper of Seven Hills, Queensland from providing any [...]
Avinash Singh and Highrise Advantage hit with $102M forex fraud judgment
U.S. derivatives market regulator The Commodity Futures Trading Commission (CFTC) has announced that Judge Carlos E. Mendoza of the U.S. [...]
CFTC seeks entry of default against Lions of Forex
The Commodity Futures Trading Commission (CFTC) is pushing for an entry of default in its lawsuit against Lions of Forex LLC (LOF).
In i [...]
Mox Bank officially launches Mox Invest
Mox Bank Limited today officially launched Mox Invest, a new Mox service that aims to redefine the investment experience. The launch mak [...]
Cboe announces connectivity to Secaucus NY6 data center
The NY6 data center will be integrated into Cboe’s latency equalized Secaucus infrastructure which currently utilizes the NY4 and NY5 da [...]
IOSCO finalizes its DeFi Policy Recommendations
After earlier this year opening a public consultation to establish a global approach in addressing DeFi risks, the IOSCO – the umbrella [...]
Capex.com acquires NAGA Group in reverse merger
Retail FX and CFD brokers NAGA Group and Capex.com have announced a merger between the two groups, which will see Capex.com’s shareholde [...]
eToro names Massimo Citoni as Regional Manager for Italy
Retail FX and CFDs broker eToro has announced the appointment of Massimo Citoni as Regional Manager for Italy.
In this role, Massimo wil [...]
FX week in review: Finyard launch, BUX sold, EU CFD marketing rules
Who is behind the launch of new Cyprus based FX broker technology provider Finyard? Who has joined Finyard (from XM/Trading.com, and Exn [...]