The U.S. Securities and Exchange Commission on Wednesday accused two New York-based brokers of defrauding their clients through a fraudulent in-and-out strategy that netted them…
Posts published in December 2017
SEC Hands Out $4.1 Million in Another Whistleblower Award
The U.S. Securities and Exchange Commission announced on Tuesday that it has awarded more than $4.1 million to a whistleblower who provided key original information…
trade.io Enters MOU to Buy a US Regulated Broker Dealer
Zug Switzerland trade.io has entered into a memorandum of understanding to negotiate the terms for the acquisition of a New York City based broker/dealer. The…
The Bitcoin market is gearing up for the latest batch of institutional investors entering the market through the Chicago-based futures exchanges and . We’ve seen…
USD/CAD Rallies Higher on BoC Rate Decision
The USD/CAD rallied higher by over 100 points after the Bank of Canada released its monetary statement leaving interest rates unchanged at 1.00%. The US dollar rallied against the commodity-linked loonie even…
Jeff Sprecher, the owner of New York Stock Exchange (NYSE) and also some of the largest futures markets across the world, said this week that…
Parity’s $230m of Frozen Funds Could be Unlocked, Founders Claim
Parity Technology’s co-founders Gavin Wood and Jutta Steiner addressed the recent controversy that firm is facing after the loss of (at the current price of…
FX Veteran, Steffen Berner Joins LBBW’s Capital Markets Unit
Former Commerzbank executive and foreign exchange (FX) veteran, Steffen Berner has taken up a new role at LBBW (Landesbank Baden-Württemberg), Finance Magnates has learned. His…
EUR/USD Slumps to New Lows on Mixed Eurozone and ADP Data
The EUR/USD currency pair today slumped to new lows from daily highs set in the late Asian session, despite a raft of positive data from the Eurozone. The release of upbeat German factory orders…
Nukkleus and IronFX Mutually Unwind Acquisition Agreements
The dealings between Nukkleus and IronFX have come to a somewhat predictable end. The companies have agreed to part ways in mutual agreement following merger…