Finance News

IIROC approves CVC acquisition of OANDA (Canada) Corporation

The effective date of the transaction is October 15, 2018.

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NordFX Cyprus Hires Eleonora Symeou as Marketing Manager

NordFX Cyprus, a retail investment and multi-asset trading broker, has hired Eleonora Symeou, a relatively new entrant to the FX industry, to…

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Nomura Fined $480 Million to Settle Decade-Old Mortgage Charges

New York-based investment bank Nomura Holdings today finalized an agreement to pay US authorities $480 million to settle claims that…

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Interactive Brokers Reports $439 Million Revenues for Q3 2018

Shortly after the close of the US trading session, Interactive Brokers LLC (NASDAQ:IBKR), a global electronic multi-asset broker and market-maker…

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BBVA rolls out BaaS platform in the United States

BBVA’s Open Platform enables third parties to integrate payments and complementary banking services into their own business models to create…

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Russia’s c-bank invites comments on RegTech and SupTech consultation paper

The consultation paper outlines the benefits of using novel technologies for developing the financial services market.

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“Failing health and negative net worth”: 63-year old trader objects to proposed monetary penalty

The CFTC has recommended a civil monetary penalty of $1,083,038 for William H. Powderly IV but he does not want…

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FCA proposes to raise award limit for Financial Ombudsman Service

The FCA believes the current £150,000 award limit is no longer adequate, and that it should be increased to £350,000…

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“Dark pool” case against Barclays continues, as plaintiffs prepare notices to class members

Barclays is alleged to have issued misstatements concerning the operation of its dark pool, known as Liquidity Cross or LX.

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Interactive Brokers’ electronic brokerage segment posts solid results in Q3 2018

The electronic brokerage segment registered income before income taxes of $292 million in the quarter ended September 30, 2018, up…

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