Category: Forex

  • Unique: CFDs dealer TibiGlobe launches, headed by Marinos Vassiliou (CEO) and Eleni Nicolaou (Partnerships)

    FNG Unique… FNG has discovered {that a} new Retail FX and CFDs brokerage model has launched, referred to as TibiGlobe (web site tibiglobe.com). TibiGlobe gives buying and selling on the MT5 platform and is run primarily from Cyprus, however operates as a South Africa regulated entity, with an FSCA (Class 1) license secured by subsidiary…

  • Unique: Fxview hires Tickmill exec Christoforos Panagiotou as Africa Regional Supervisor

    FNG Unique… FNG has discovered that Cyprus based mostly Retail FX and CFDs dealer has continued on its latest hiring spree, including Christoforos Panagiotou as Africa Regional Supervisor. Christoforos Panagiotou joins Fxview from Tickmill, the place he labored for the previous seven years in senior gross sales roles. We had additionally just lately reported that…

  • INFINOX reviews report Revenues of $130M for FY2023

    On-line buying and selling supplier INFINOX Capital Ltd (UK) has introduced that it has maintained regular monetary efficiency in fiscal 2023 (12 months ended March 31), with Revenues of £15.7 million (2022: £17.1 million), while the INFINOX model globally reported report Revenues of $130 million. Report Key Efficiency Indicators (KPIs) throughout the INFINOX group have…

  • Unique: Velocity Commerce will get Singapore MAS Capital Markets Providers license

    FNG Unique… FNG has discovered that Canada based mostly dealer Velocity Commerce has continued on its international march, receiving approval late final week for a Capital Markets Providers license in Singapore, from native regulator MAS. Will Robbins Velocity Commerce has been ramping up its basic capabilities within the better APAC area, just lately hiring iSAM…

  • Unique: Fxview hires Orbex exec Feras Mahmoud to move Danger Administration

    FNG Unique… FNG has discovered that Retail FX and CFDs dealer Fxview has employed Cyprus based mostly government Feras Mahmoud, as the corporate’s new Head of Danger Administration. Feras Mahmoud joins Fxview from rival dealer Orbex, the place he spent the previous six years, as Head of Dealing. He had additionally beforehand labored at MultiBank…

  • FX week in overview: NAGA Group bought, Prospero Markets loses license, eToro Italy head

    Which Retail FX and CFD brokerage operator is merging with NAGA Group, and within the course of taking up 75% possession within the mixed firm? Why did Australia based mostly, China-focused Retail FX and CFDs dealer Prospero Markets have its ASIC AFS license suspended? Who’s eToro’s new Regional Supervisor for Italy? The place did CMC…

  • Estonian c-bank fines Bigbank AS

    Eesti Pank, the central financial institution of the Republic of Estonia, right now issued a discover to Bigbank AS relating to a violation of the obligatory reserve requirement and imposed a effective of 10,430.53 euros. In line with the discover, the common stability of Bigbank AS’s reserve account throughout the holding interval from 01.11.2023 to…

  • BarnBridge DAO, founders to pay over $1.7M to settle SEC fees

    The Securities and Change Fee (SEC) immediately introduced that BarnBridge DAO, a purportedly decentralized autonomous group, and its two founders, Tyler Ward and Troy Murray, pays greater than $1.7 million to settle fees that they did not register BarnBridge’s provide and sale of structured crypto asset securities often called SMART Yield bonds. The Fee additionally…

  • StoneX allows Swift’s new resolution for cross-border funds

    Shoppers of StoneX’s funds enterprise, StoneX Funds, will profit from the adoption of Swift’s pre-payment validation expertise. Swift lately launched its Fee Pre-validation service, which permits for the verification of beneficiary account particulars earlier than initiating worldwide funds. Whereas such verification has lengthy been commonplace for home funds in a number of international locations, it…

  • Paxos expands to Solana blockchain

    Blockchain and tokenization infrastructure platform Paxos right now introduced a strategic growth of its stablecoin issuance to the Solana blockchain platform. Beforehand unique to Ethereum, this initiative represents a major milestone for the innovation and evolution of Paxos’s enterprise and consumer-facing companies. Paxos plans to supply USDP on Solana to the general public on January…