Category: Markets

Aussie firms ordered to comply with design and distribution obligations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian Securities and Investments Commission (ASIC) has issued a notice to companies issuing investment products. The regulatory body has called upon investment product issuers to “lift their game” on design and distribution… Continue reading Aussie firms ordered to comply with design and distribution obligations

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Massachusetts regulator to appeal ruling made in favor of Robinhood

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Massachusetts’s securities market watchdog is planning to appeal against a ruling last year in favor of the Robinhood retail trading platform. The appeal comes after a ruling was made last year in favor… Continue reading Massachusetts regulator to appeal ruling made in favor of Robinhood

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Coinbase and Gemini launch offshore crypto derivatives exchange

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Coinbase released a global cryptocurrency derivatives exchange days after revealing that it was venturing into an offshore location with a new license obtained from Bermuda. The cryptocurrency exchange based in the US has… Continue reading Coinbase and Gemini launch offshore crypto derivatives exchange

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White House sets meeting with Google and Microsoft CEOs to discuss AI

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Biden Administration is focusing on the rapidly growing artificial intelligence (AI) industry. The Chief Executive Officers at top tech companies, such as Google, Microsoft, OpenAI, and Anthropic, are set to meet with… Continue reading White House sets meeting with Google and Microsoft CEOs to discuss AI

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Admirals launches two new offices in Nigeria amid plans to expand in Africa

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Admirals, a retail forex and contracts for difference (CFD) broker based in Estonia, is expanding its presence across Africa. The brokerage platform has announced plans to set up new offices in Lagos, Nigeria.… Continue reading Admirals launches two new offices in Nigeria amid plans to expand in Africa

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Tastytrade and LiteFinance disclose new updates for their brokerage business

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tastytrade and LiteFinance, two brokerage businesses offering retail forex and contracts for difference (CFD) products, have released new updates on their brokerage businesses. Tastytrade released an application programming interface (API), while LiteFinance released… Continue reading Tastytrade and LiteFinance disclose new updates for their brokerage business

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Interactive Brokers posts a 14% drop in DARTs to 1.765 million

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Interactive Brokers has reported a significant decline in the Daily Average Revenue Trades (DARTs). The electronic trading platform reported that DARTs dropped by 14% to 1.765 million in April 2023. Interactive Brokers reports… Continue reading Interactive Brokers posts a 14% drop in DARTs to 1.765 million

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Bankers extend a $5B acquisition financing plan for Subway

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The bankers overseeing the sale process for Subway have offered a $5 billion acquisition financing plan to the private equity firms looking to acquire the company. The financing plan seeks to overcome hurdles… Continue reading Bankers extend a $5B acquisition financing plan for Subway

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