Tag: featured

  • American Express names Sharon Chew VP & General Manager of Global Merchant Services Asia

    American Express announced the appointment of Sharon Chew as the Vice President & General Manager of Global Merchant Services Asia. In her new role, Ms Chew will be responsible for all aspects of card acceptance, including payments processing, client management, merchant partnerships and the development of new payment technology to drive merchant acceptance for American…

  • Italy’s CONSOB orders blocking of access to seven unauthorised investment websites

    Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of seven new websites that offer financial services without the necessary authorization. The websites targeted by the orders are: “BTX+” (website https://btxplus.io and related pages https://client.btxplus.io and https://webtrader.btxplus.io); “Tide Technologies Group” (website https://tidetechnologiesgroup.ltd); Fast-MNG EU Limited (website www.fast-mng.com); “Alfacapitalinvest” (website https://alfacapitalinvest.com and related page https://client.alfacapitalinvest.com);…

  • Clive Harrison retires as Chairman of Fiske

    Fiske plc announces Board changes.Clive Harrison has retired as Chairman and as a director of the company as of the conclusion of the AGM today. Tony Pattison, currently a director of the Company, has stepped into the role of Chairman of Fiske plc. Clive Harrison founded Fiske & Co in 1973, having started his career…

  • eToro launches XtremeWeather portfolio

    Online broker eToro has launched XtremeWeather, a new portfolio providing retail investors with exposure to companies best-positioned to prosper due to increasingly frequent and severe extreme weather events. The XtremeWeather portfolio comprises 30 stocks from key industries such as renewable electricity, industrial machinery, supplies and components, fertilizers and agricultural chemicals, retail home improvement, electrical components…

  • ZA Bank receives regulatory approval to prepare for US stock trading service launch

    Hong Kong virtual bank ZA Bank today announced that the Hong Kong Securities and Futures Commission (SFC) has lifted the previous conditions on the Bank’s licence registration of Type 1 (dealing in securities) regulated activity under which the Bank shall only carry on business of dealing in collective investment schemes. The Bank plans to roll…

  • eToro adds Global X MSCI Argentina ETF to list of investment instruments

    Online broker eToro continues to expand the list of investment instruments with the latest addition being the Global X MSCI Argentina ETF ($ARGT). From the regional eCommerce powerhouse $MELI (MercadoLibre) to local giants like YPF, Arcos Dorados (McDonald’s franchise), $PAM (Pampa Energia S.A.-ADR) and leading bank Galicia, $ARGT opens doors to Argentina’s market movers. $ARGT…

  • FTC files proposed order of $1.65bn settlement with Voyager Digital

    The Federal Trade Commission (FTC) has moved the New York Southern District Court to enter a proposed Order for Permanent Injunction, Monetary Judgment, and Other Relief against Voyager Digital. The relevant documents were filed with the Court on November 22, 2023. Entry of the Stipulated Order would end the litigation against Voyager Digital, LLC, Voyager…

  • AMF fines Alvexo affiliate France Safe Media and manager Lior Mattouk €400K

    France financial regulator Autorité des Marchés Financiers (AMF) has announced that its AMF Enforcement Committee has fined a French tied agent of a Cypriot investment services provider and its manager a total of €400,000, for breaches of their professional obligations. In its decision of November 10, 2023, the Enforcement Committee imposed a fine of €300,000…

  • Former JPMorgan traders want CFTC action against them to remain stayed

    Former JPMorgan traders Michael Nowak and Gregg Smith have filed a motion to stay an action brought by the Commodity Futures Trading Commission (CFTC) against them. The relevant documents were submitted at the Illinois Northern District Court on November 22, 2023. The traders note that the case has to be stayed pending resolution of the…

  • Darwinex unveils enhancements to platform

    Darwinex has unveiled a new improvement in the Darwinex platform, crucial to provide greater transparency and build more confidence in its investment asset, the DARWIN. Starting today DARWIN quotes will be calculated based on investors’ execution prices instead of the trader’s signal account execution prices, as they have been previously. It is important to note…