Jefferies Financial Group has provided details on its acquisition of Stratos formerly known as FXCM. During the fourth quarter of 2023, Jefferies acquired Stratos Group International (formerly FXCM Group, LLC,…
Day: April 7, 2024
Vanguard begins clearing NDFs on LCH
US mutual fund manager Vanguard has begun clearing its non-deliverable forward (NDF) transactions at LCH ForexClear, according to three sources. It is understood the Philadelphia-based firm started clearing its NDFs…
Tinubu to observe eid-el-fitr in Lagos
President Bola Tinubu will depart Abuja, the Nation’s Capital, for Lagos on Sunday ahead of Eid-el-Fitr. Eid el-Fitr is the earlier of the two official holidays celebrated within Islam. Eid…
Volkswagen financing subsidiary to pay $34.35M in disgorgement to settle SEC charges
The Securities and Exchange Commission (SEC) has obtained final judgment by consent against defendant Volkswagen Group of America Finance, LLC (VWGOAF), which the SEC had charged in 2019 with making…