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Brokers

Jordanian Trader Sues Ikon Finance, Hantec Markets for $50 Million

  • Hafez Fakhri Taji Al Farouqi accuses IKON Finance of moving his account to Hantec without his consent.
by Aziz Abdel-Qader
Brokers

Victim of Greek Madoff Files Appeal in the UK

  • The England and Wales Court of Appeal is the next place for the ongoing legal battle for victims of Daskaleas
by Victor Golovtchenko
Brokers

Exclusive: IKON Finance Defends ‘Unmeritorious’ Claim in UK Court

  • IKON Finance has reshuffled its top management team and is preparing to re-enter the market
by Victor Golovtchenko
Brokers

Exclusive: US Court Clears Ikon GM of Connection to Greek Scammer

  • The company and its management have been cleared of all any connections to jailed Greek Madoff, George Daskaleas.
by Victor Golovtchenko
Brokers

US CFTC Fines Ikon Global Markets for Inadequate Recordkeeping

  • A $200,000 settlement is due to be paid to the US regulator by the defunct company.
by Victor Golovtchenko
Brokers

Exclusive: IKON Finance Agrees to FCA Voluntary Requirement, Suspends Trading

  • The company has suspended the processing of client orders pending a review of operational procedures.
by Victor Golovtchenko
Brokers

Exclusive: Naser Taher on Multibank Exchange and a Forthcoming $2b IPO

  • Finance Magnates spoke exclusively to the Chairman of Multibank Exchange on the new brand and the firm's future plans.
by Victor Golovtchenko
Exchanges

IKON MultiBank Rebrands to MultiBank Exchange Group, Launching FX Exchange

  • IKON MultiBank has engaged in a restructuring effort under a U.S. based company, aiming at an IPO within 3 years.
by Victor Golovtchenko
Regulation

IKON Agrees with ASIC to Separate Overseas Client Funds From its AFS license

  • ASIC aims to help Ikon avoid co-mingling AFS-held funds with offshore clients.
by Steven Hatzakis
Executive Moves

IKON Australia Appoints Jacob Nel as CEO

  • IKON Australia has a new Chief Executive Officer after appointing Jacob Nel to the helm.
by Victor Golovtchenko
Technology

Multi-Asset Class Traders to Benefit from Enhanced Prodigy Platform – One for All

  • IKON’s flagship trading platform gets makeover with new functionality that supports traders with diversified portfolios. A recent upgrade has consolidated trading instruments into one thus offering a one-stop solution.
by Adil Siddiqui
Technology

IKON partners with NASDAQ to offer Spot Gold Futures

by Adil Siddiqui
Regulation

Chinese regulators move closer to Liberalised Yuan

by Adil Siddiqui
Brokers

IKON GM becomes a member of Options Clearing Corporation, its EVP joins the NASDAQ OMX board

by Michael Greenberg
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