Managers distribute $ 19 million assets to Hong Kong Wan Kiu Investment Company Customers
The Securities and Exchange Commission (SFC) today noted that the administrators appointed by the Court had distributed assets worth about $ 19 million this month as compensation to Hong Kong Wan Kiu Investment Company Limited (HKWK) customers after the approval of the first court. This came after the court granted final exemptions – including a […]
Etoro extends Spain by offering adding future fulfillment
The social negotiation focusing on the ETORO Electronic broker (Nasdaq: ETOR) has announced that it is expanding its investment offer for its customers in Spain, with the addition of future derivative products in the world. Eligible users in Spain can now buy and sell future fulfillment contracts for six main markets: S&P 500, Nasdaq-100, Russell […]
21shares collaborates with Societe Generale to extend institutional access to European cryptographic
21shares AG, publisher of products negotiating in an exchange of encryption (ETPS), announced today that it has entered into an ETP capital market agreement with Societe Generale to enhance liquidity in 21shares ETP on capital platforms for investors in Germany and Eastern Europe. In the context of the agreement, Societe Generale will support the negotiation […]
Bullion Trading takes Jpmorgan Chase Bank in court
Bullion Trading LLC, a precious metal company, is treated with JPMorgan Chase Bank, NA for alleged compensation of more than $ 500,000. The complaint claims that Chase has repeatedly blocked or reversed legal transfers of incoming cables by those involved in the Bullion Trading Business Account to Waterfall Bank. The plaintiff argues that, without a […]
PayPal to start PayPal World: World Payment Platforms and Digital Wallets
PayPal Holdings Inc (Nasdaq: Pypl) has revealed a series of global corporate relationships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with Paypal and Venmo. PayPal World is expected to be released starting from this autumn with all partners with PayPal and Venmo. […]
Gold-I considers the increase in demand by commercial companies for Matrixnet
Exclusive interview FNG… Trading Technology Gold-i is experiencing significant demand from commercial companies for the advanced liquidity management platform, Matrixnet. FNG spoke to Tom Higgins, Gold-I’s chief executive about commercial transactions and why Gold-i’s offer is ideal for businesses seeking access to encryption liquidity. Fng: Hi Tom, and thank you for participating today. What developments […]
Hine Tigwit (Infinox)
FX and CFDs Hantec Markets retail sales have announced some changes in senior executives, including the recruitment of two experienced industry executives for leading roles. Hantec’s involvement in Dubai is Tim Hughes, as head of strategic officer (CSO), and Vivek Mehta, as head of technology. Hantec also promoted Norayr Djerrahian internally to the head of […]
Corpay cross -border is an official FIM FIM partner of Fim World Supercross Championship
Corpay Corporate Payments, Inc. (NYSE: CPAY) They announced today that Corpay’s cross -border businesses have entered into agreement with the Supercross Fim World Championships, the Premier Championship for the International Stage Supercross Racing, to become their official partner. Through this partnership, the World Supercross will be able to use Corpay Cross Border’s innovative solutions to […]
CLS introduces redesigned CLSCLEEDFX service
CLS has revealed a redesign of the CLScleredFX service, with LCH for Extexlear as the first central counterparty (CCP) proceeding with the service. CLScleredFX is a payment-post-regulation settlement service that allows the CCP and clearing members to effectively mitigate the risk of settlement when resolving FX and derivatives. The redesigned service utilizes the existing CLSSettlement […]
Exclusive: UK Compliance Head of Mustafa Sahin departs
Exclusive FNG… FNG has learned that Mustafa Sahin, head of compliance and executive director of Trive Financial Services UK Limited, has left the company. Mustafa Sahin has been with TRIVE UK by 2020. He had previously worked at Turkishbank UK, Deutsche Bank, UBS and JP Morgan. The move should not be too unexpected for FNG […]