Lch signs mou with cmu omniclear
LCH Limited, a LSEG business, announced the signing of a Memorandum of Agreement (MOU) with CMU Omniclear Limited. CMU Omniclear is a subsidiary of the Exchange Fund, Managing Central Moneymarkets Unit (CMU) on behalf of Hong Kong Monetary Authority (HKMA). By utilizing the Hong Kong settlement solution against payment (PVP), LCH Limited will extend its […]
Finra imposes a $ 100K fine on Drivewealth
Drivewealth, LLC, agreed to pay a fine of $ 100,000 as part of a settlement with the Financial Industry Regulatory Authority (Finra). In June 2020, Drivewealth entered an Omnibus clearing arrangement with one of the liquidation companies. According to the liquidation agreement, Drivewealth and the liquidation company agreed that the liquidation company would handle the […]
Exclusive: AssetsFX Asia Head Masud Unnoby Moves in Doo Prime
Exclusive FNG… FNG has learned that Doo Prime, the offshore CFDS Brokerage ARM by Global Broker Doo Group, has hired Masud Unnoby as a business development manager. Masud Unnoby, who is based in Dubai, joins Doo Prime from another offshore broker, AssetsFX, where he was a regional head of Asia. Over 11 years FX and […]
FCA allows businesses to experiment with AI using Nvidia Accelerated Computing
The United Kingdom’s Financial Behavior Authority (FCA) will launch an over -compressed sandbox to help businesses safely tease with artificial intelligence (AI) to support innovation. Through a new collaboration, announced today, businesses will have the opportunity to experiment with AI using Nvidia accelerates the calculation and software Nvidia AI Enterprise. This over -compressed sandbox will […]
SBI invest in Circle Internet Group
SBI Holdings, Inc. And SBI Shinsei Bank, Limited, today announced a strategic investment in Circle Internet Group, Inc., the publisher of the USDC, coupled with Circle’s registration on the New York Stock Exchange on June 5. The total investment is equivalent to $ 50 million, with US $ 25 million contributed by SBI Holdings and […]
Western Union appoints Vince TALLENT as a senior vice president, head of Asia -Pacific
Western Union has announced the appointment of Vince TALLENT as a senior vice -president, head of Asia -Pacific. Vince Tallnt TALLENT joins Western Union from Tiqmo, an innovative fintech application in Saudi Arabia that serves clients throughout the Middle East and North Africa. He joined Tiqmo initially as a team COO and CFO, eventually became […]
FXPRO makes the circle stock available in trade as CFD
Retail CFD and Forex Broker FXPRO today announced that Circle Internet Group (CRCL.N) – the company behind USDC – is now available for trade as a CFD on the FXPRO platform and the MT5 mobile app. Circle’s IPO was priced at $ 31 per share on Wednesday, June 4 – over the expected range of […]
FX WEEK IN REVIEW: CMC Revenue Markets, CYPRUS CFD Medium Financing Media claims, IG adds trading encryption
This week she presented some more examples of why FNG has become, by far, the most read, more communal and more reliable FX and CFDS Industry News sites. (Here is Linkedin Analytics’ Antagonist Statistics for the last 30 days – FNG articles get several x the commitment more than “other types”.) Except for about half […]
UBS opposes the increase in capital requirements proposed by the Swiss government
Following the publication of the proposals of the Federal Council on banking stability, UBS issued a statement. UBS says it first supports most of the regulatory proposals published today by the Swiss Federal Council. However, UBS strongly disagrees with the extreme increase in the proposed capital requirements. According to the bank, these changes would lead […]
The United Kingdom makes 3 arrests, sends 7 pause and decoration letters in suppression of Finfluencer
Following our recent reports, that several financial regulatory authorities around the world, including the UAE and Hong Kong SFC, have taken measures to restrict or leave the social media, the UK financial behavior Authority (FCA) announced that it has actually announced that it has actually united its worldwide protection. Financial promotions from Rogue Finfluencers. Finfluencers […]