Daily Forex Industry News
Andrew Saks-McLeod looks at this week’s Forex Industry News (Sep 1, 2015).
Andrew Saks-McLeod looks at this week’s Forex Industry News (Sep 1, 2015).
Read this next
Executive Moves 
Montenegro approves Do Kwon’s extradition to US
Do Kwon, the former CEO of cryptocurrency startup Terraform Labs, is reportedly facing extradition to the United States to face fraud charges. Kwon has been imprisoned in Montenegro since March, and Montenegro’s Justice Minister Andrej Milovic is expected to make a formal decision on the extradition on December 20.
Institutional FX 
Marex seeks US listing following failed UK IPO, eyes $2.8B valuation
London-headquartered commodities broker Marex has kicked off plans for a US listing, opting against a London public float after a failed attempt two years ago.
Retail FX 
ThinkMarkets IPO scrapped as SPAC merger falls through
Canada-listed blank check company, FG Acquisition Corp., and Melbourne-based broker ThinkMarkets have jointly decided to call off their previously announced merger plan.
Retail FX 
Exness trading volumes slow down in November, dip below $4B mark
FX brokerage powerhouse Exness reported a double-digit decrease in its trading volumes for the month of November 2023 as the market environment stabilised following a period of high volatility.
Executive Moves 
iGaming veteran Breon Corcoran replaces June Felix as IG CEO
Spread betting and CFDs broker IG Group plc today announced the appointment of Breon Corcoran, the former chief executive of Paddy Power Betfair, as its new CEO, effective from January 29, 2024.
Retail FX, Reviews 
A Guide to Forex Trading and Quotex App Download for PC
Trading in financial markets presents a great opportunity for profit. One of the popular choices nowadays is foreign exchange trading, also called Forex or FXm which involves buying and selling national currencies to make a profit.
Digital Assets 
Tokensoft and Chainwire Form Partnership to Boost Crypto PR Outreach
Through this partnership, Tokensoft leverages Chainwire’s expansive PR platform, enhancing its global reach within the cryptocurrency community and ensuring coverage for its token distribution, claims, and fundraising campaigns.
Digital Assets 
No escape for Binance’s CZ: Court blocks travel before sentencing
A federal judge in Seattle has ruled that Chanpeng Zhao, the former CEO of Binance, is not permitted to return to his home in the United Arab Emirates before his sentencing in the United States, set for February.
Digital Assets 
FINMA-regulated digital asset provider Taurus expands into Germany
This expansion follows recent moves by BaFin to accelerate the licensing of crypto custody services, aiming to boost market confidence. Following this, several new licenses were issued, notably to Commerzbank, making it the first full-service financial institution in Germany to receive a crypto custody license.
<