Robinhood’s total revenues increase amid a 208% plunge in net loss

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Robinhood social trading platform has released a report for the first quarter of 2023. The company’s financial performance during the first three months of 2023 shows a 208% decline in the net… Continue reading Robinhood’s total revenues increase amid a 208% plunge in net loss

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US tax department claims $44 billion from bankrupt FTX exchange

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Department of Treasury and the Internal Revenue Service (IRS) have made filings for 45 claims against FTX. These claims have totaled around $44 million. The claims have targeted the bankrupt FTX… Continue reading US tax department claims $44 billion from bankrupt FTX exchange

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CICC Capital bans Capvision Partners as Beijing clamps down on consultancies

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. CICC Capital, a division under the CICC investment bank in China, has suspended the use of services offered by Capvision Partners. These services were suspended after an investigation into the network as Beijing… Continue reading CICC Capital bans Capvision Partners as Beijing clamps down on consultancies

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CySEC revokes the ICF membership of Trilt and RMG Holdings

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Investor Compensation Fund (ICF) membership for Trilt and RMG Holding Limited. The regulator said that the decision to withdraw the ICF membership for… Continue reading CySEC revokes the ICF membership of Trilt and RMG Holdings

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GCEX obtains a new Danish license to provide FX and CFDs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. GCEX, a digital prime brokerage company that Lars Holst leads, has secured regulatory authority from the Danish Financial Supervisory Authority (FSA). The regulatory approval will enable GCEX to operate as an investment institution.… Continue reading GCEX obtains a new Danish license to provide FX and CFDs

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Plus500 Seeks To Expand Operational Presence With US Listing

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Retail broker Plus500 is seriously looking to raise its valuation by expanding and offering its shares in the United States. The broker’s management is visibly frustrated about its current valuation of $1.8 billion… Continue reading Plus500 Seeks To Expand Operational Presence With US Listing

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Automakers continue to battle for dominance in China’s electric SUV market

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Automakers have been engaged in a price war for electric vehicles, with the current focus being a shift to SUV-styled electric vehicles. Electric SUVs have become the largest market segment, currently dominated by… Continue reading Automakers continue to battle for dominance in China’s electric SUV market

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Bank of Japan board members called for vigilance to keep inflation in check

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Some members of the Bank of Japan have urged the central bank to remain vigilant in addressing the risk of inflation. The policymakers said that the risk of inflation was accelerating at a… Continue reading Bank of Japan board members called for vigilance to keep inflation in check

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Binance halts Bitcoin withdrawals for several hours on Monday

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, one of the largest cryptocurrency exchanges by trading volumes, suspended Bitcoin withdrawals for several hours on Monday. The exchange attributed the matter to heavy trading volumes and increased processing fees. The exchange… Continue reading Binance halts Bitcoin withdrawals for several hours on Monday

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