The SEC is subpoenaing 777 partners and 600 partners
The Securities and Exchange Commission (SEC) has filed a lawsuit against Joshua Wander, Steven Pasko, Damien Alfalla, 777 Partners LLC and 600 Partners LLC. The SEC’s complaint, seen by FX News Group, alleges that between January 2021 and May 2024 (the “Relevant Period”), the defendants fraudulently solicited preferred equity investments, jointly offering 777 Partners and […]
Leverate extends the Broker Portal with advanced multilingual customization
Leverate, a global leader in white label technology for brokers and commodity trading firms, has announced the release of a new update to version 7.4, introducing a powerful Notification Center within the Broker Portal for their Prop Offerings. This new feature allows companies to fully manage and locate in-app notifications in multiple languages, ensuring personalized […]
FX week in review: IG sells business unit to Kraken, Doo Group hack, Turbos rules, executive moves
What business unit did IG Group just sell to Kraken for $100 million? And why? What is owned by CFDs Doo Group brokerage firm hacked? Which country is introducing new rules and restrictions for Turbo certificate transactions? Who is the new CEO of Eightcap UK? Some of the most read and commented on FX/CFD industry […]
Aegis Capital Corp to Pay $275K Fine for Alleged Violations of FINRA Rules
Aegis Capital Corp has agreed to pay a $275,000 fine as part of a settlement with the Financial Industry Regulatory Authority (FINRA). As of 2019, Aegis has paid several million dollars to its corporate parent. Aegis recorded the payments in its general ledger as expenses for management services. Although Aegis had a written agreement with […]
Cboe Japan’s corporate website will be decommissioned from November 2025
Cboe News/Exchanges News Maria Nikolova October 18, 2025 As part of the decommissioning of Cboe Japan’s equity business, Cboe announced that the Cboe Japan corporate website will be permanently decommissioned from November 2025. Basic details: Final Updates: All updates to the corporate website, including Market Alerts and PTS Margin Trades editions, will cease by the […]
MultiBank hires Capital.com alum Dana Massey as CPGO
FNG has learned that Dubai-based Retail FX and CFDs broker MultiBank has hired industry veteran Dana Massey as the firm’s new Chief Product & Growth Officer. Dana will be relocating from London to Dubai for his new position at MultiBank. Dana Massey joins MultiBank after spending the past three years with Capital.com, serving as Chief […]
Eightcap appoints Ollie Rosewell as UK CEO
Australia-based Retail FX and CFDs broker Eightcap has announced that it has promoted Ollie Rosewell to the role of UK CEO for FCA-regulated entity Eightcap Group Ltd. Ollie Rosewell has been with Eightcap in London since 2019, initially joining as CMO before being appointed Commercial Director, a more B2B role creating new strategic and technology […]
Exclusive: NAGA Head of Product Maria Evripidou joins XM.com
Exclusive FNG… FNG has learned that Retail FX and CFDs broker XM.com has hired Maria Evripidou as Senior Product Manager. Maria Evripidou, who is based in Cyprus, joins XM.com from NAGA, where she served as Head of Product since joining the company (originally at CAPEX.com, which later merged with NAGA) in 2023. She was also […]
Bakkt to eliminate existing umbrella-C corporation corporate structure
Bakkt Holdings, Inc. (NYSE:BKKT) announced today that it intends to eliminate its existing partnership-C corporation (“Up-C”) structure through a reorganization. If completed, Bakkt will become a wholly owned subsidiary of a new holding company, which will be called Bakkt Holdings, Inc. (NewCo), will replace Bakkt as a publicly traded company and transition to a single […]
Interactive Brokers posts revenue growth in Q3 2025
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) today announced its financial results for the third quarter of 2025. Diluted earnings per share reported were $0.59 for the current quarter and $0.57 as adjusted. For the prior-year quarter, reported diluted earnings per share were $0.42 and $0.40 as adjusted. Reported net income was $1,655 million […]