Markets

The UK financial regulator, the Financial Conduct Authority (FCA) recently fined the London Metal Exchange (LME) £9.2 million after the exchange failed to ensure its systems and controls were capable of dealing with severe market stress. This penalty made headlines...

A popular crypto exchange Kraken is currently in negotiations with a goal of acquiring a leading US-based futures trading platform, NinjaTrader. According to some reports, the deal could be worth $1.5 billion, and it would represent a strategic acquisition that...

Viamericas, a global provider of money transfer services, announced the opening of a new office in the Philippines. This expansion reflects the company’s commitment to enhancing its services for the Filipino market while strengthening its presence across Asia and the...

Avenix Fzco, a leader in forex trading technology, has introduced Pivozon, a new Expert Advisor (EA) designed for gold (XAU/USD) trading. The system is made to help traders follow market trends more easily and trade with better accuracy. Unlike some...

XTB has removed the 0.5% currency exchange fee from its multi-currency cards, which will soon be available in Poland. This change applies only to these cards, while the 0.5% exchange fee remains on the broker's platform for foreign securities trading....

Finera has introduced a new payment system in Cyprus to help businesses handle online payments more easily. The company said the platform allows businesses to accept different types of payments in one place. This helps businesses spend less money and...

Germany's financial regulator, BaFin, has found serious issues with Ethena GmbH's approval process for its USDe token. As a result, BaFin has taken immediate actions, including banning the token's public offering and freezing the company’s asset reserves held by depositary...

UK’s major financial services organization, Lloyds Banking Group, has announced the extension of its cloud deal with Oracle. The banking giant stated that the continuation of the deal would help the firm strengthen its customer base. The multi-year deal will...

MoonPay has announced a $200 million credit line it secured from Galaxy. This has been dubbed as one of the biggest credit lines in the crypto industry, and it’s coming when the industry is witnessing a surge in momentum. The...

Global fintech firm EBSWare announced an expansion of its EBSWare Prop white-label solution to help brokers add global stock markets to their trading platforms. Brokers will now have access to U.S., Hong Kong, and Indian equities, offering more trading challenges...

NatWest Group has announced that it is the first UK-based bank to work with OpenAI. The company said this partnership will help improve its services by using artificial intelligence (AI) to meet customer needs faster. It also wants to simplify...

Achilleas Achilleos, who departed from BDSwiss’ Cyprus offices during a period of mass resignations, has joined Alchemy Markets as Chief Marketing Officer. He stepped into the position shortly after leaving BDSwiss. Alchemy Markets operates as a forex and contracts for...

Coinbase has submitted a response to Commissioner Peirce’s request, contributing to ongoing discussions on digital asset regulations. This follows an extended period of engagement, beginning with Coinbase’s initial petition for regulatory changes. The company emphasizes the importance of collaboration among...

Institutional prime brokerage firm, LTP, has announced the acquisition of Spanish-based Turing Capital Brokerage (TCB). The move will enable LTP to expand its offerings across Europe through TCB’s MiCA license from the European Union. According to the Hong Kong-based brokerage...

Online trading giant eToro has announced the expansion of its futures trading service in Spain. The company said users in the country can now trade futures on its platform. The move, according to eToro, offers users more options for diversifying...