IG Group says all resolutions passed at AGM
June Felix was re-elected as a Director, with 96.08% of the votes cast in favor of the resolution proposing her re-election.
UK Court winds up unregulated Forex firm Venice Investment Group
The Insolvency Service conducted investigation into the activities of Venice Investment Group in November 2018 and found several instances of misconduct.
Australia’s CFD leverage equation – Guest Editorial
Melbourne-based retail FX and CFD industry expert and researcher Justin Grossbard looks at the potential effects of ASIC’s proposed leverage...
Russia’s antimonopoly service fines Google over Ali Trade advertisement
Russia’s FAS has imposed a RUB 100,000 fine on Google LLC over inappropriate ads of Ali Trade’s financial services.
Deutsche Bank buys into Hamburg-based fintech firm Deposit Solutions
Deutsche Bank has acquired a 4.9% stake in Deposit Solutions.
Sentencing of ex-Yukom employee Shira Uzan, accused of binary options fraud, gets postponed
Uzan, who testified against her boss Lee Elbaz, needs more time to collect information for her sentencing memorandum.
IG Group’s Chairman selection process at advanced stage
Andy Green will step down as IG’s Chairman at the conclusion of the company’s AGM today.
Court rules in favor of ASIC in case against FX firms Gallop International Group and Gallop Asset Management
GIG operated a financial services business without holding a financial services licence, published statements which were false and misleading and engaged in deceptive conduct.
SEC takes ICOBox to Court over illegal digital tokens offering
ICOBox raised funds in 2017 to develop a platform for initial coin offerings by selling, in an unregistered offering, roughly $14.6 million of “ICOS” tokens.
Equinix expands reach of Oracle Cloud infrastructure
Recent expansions in São Paulo, Sydney, Tokyo, Toronto and Zurich now provide customers with private and highly secure connectivity to Oracle Cloud Infrastructure FastConnect via ECX Fabric.
LINE Pay, Merpay, NTT DOCOMO, KDDI to form business alliance to spur cashless payments
Through this business alliance, the four companies will promote the introduction of their mobile payment services to stores and businesses.
US Court certifies forthcoming deposition of Mark Karpeles in Tokyo
The deposition of MtGox’s head Mark Karpeles is scheduled for November 5, 2019 at the United States Embassy in Tokyo, Japan.
OFX Group enters into strategic partnership with Link Market Services
The partnership will be supported by a capital expenditure investment of approximately $2 million in FY20, funded by cash.
Australian financial dispute resolution body provides information to Sterling Group investors
AFCA says it has received some complaints about the Sterling Income Trust against two financial firms that are AFCA members.
Effex Capital, involved in FXCM’s US exit, challenges Appeals Court ruling in NFA case
Effex Capital challenges the Appeals Court’s decision from August this year, when the Court sided with NFA over the content of press releases concerning FXCM.
