Ex-customer accuses Interactive Brokers of inappropriate attempt to forum shop

Robert Scott Batchelar, who is suing Interactive Brokers for liquidation of negligence, objects to the company's attempt to ask a number of questions to the Connecticut Supreme Court. About a month after Interactive Brokers filed a motion to certify a…

BNP Paribas and open banking platform Tink extend their partnership in Europe

As part of this partnership, BNL will begin implementing Tink's solutions for account aggregation, payment initiation and personal finance management. BNP Paribas and the open banking platform Tink and BNP Paribas today announce the extension of their partnership in Europe.…

Hong Kong FX broker CLSA Premium set to report substantial loss for 2019

The broker, formerly known as KVB Kunlun, said the loss reflected a reduction in leveraged Forex and other trading income earned from external clients. Hong Kong-focused retail Forex broker CLSA Premium Ltd (HKG: 6877), formerly known as KVB Kunlun Financial…

Court urges individual behind FX scam Simple Wealth to respond in action brought by CFTC

Cody M. Wilson has until February 12, 2020 to explain why the Court should not force him to comply with the Commission's administrative summons. The U.S. Commodity Futures Trading Commission (CFTC) may be getting closer to getting the information it…

CMC Markets strikes upbeat note on performance in Q3 FY20

Net operating income continued to exceed quarterly expectations at the end of December 2019, says the brokerage. Online trading service provider CMC Markets Plc (LON: CMCX) has released a trading update for the third quarter of fiscal 2010, i.e. for…

NY Court nixes TFS-ICAP’s attempt to dismiss CFTC action

Judge Victor Marrero of the New York Southern District Court found that the issues raised by TFS-ICAP did not warrant dismissal. TFS-ICAP LLC and TFS-ICAP Ltd have not dismissed the CFTC complaint against them. Judge Victor Marrero of the New…

Huatai Securities issues positive profit alert for 2019

The company expects net profit attributable to shareholders to increase from 70% to 85% in annual terms. Huatai Securities Co., Ltd. (SHA: 601688), a technology-based securities group in China, today issued a positive profit alert for the year until December…

Nasdaq to offer ESG workflow and reporting service to its corporate clients

The platform aims to help companies navigate the complex series of sustainability frameworks available on the market today. Nasdaq Inc (NASDAQ: NDAQ) announced earlier today that it will offer corporate, environmental, social and governance (ESG) workflow and reporting services to…

Germany’s BaFin issues CSDR licence to Clearstream Banking

The license authorizes the company to provide basic and non-bank-type ancillary services under the CSDR. Clearstream, a post-trade service provider to the Deutsche Börse group, has obtained a CSDR license for Clearstream Banking AG, its German central securities depository. The…