Tech Firm Horizon Software Rebrands To Horizon Trading Solutions
Horizon Software, a technology firm centered on electronic trading, has rebranded to Horizon Trading Solutions. The company has been operating for more than 20 years. It supports agency and primary businesses across derivatives and equities. Now identified as Horizon Trading...
Forex Broker HYCM Europe Nullifies CIF License
HYCM Europe, a CFD and forex trading platform, is willingly renouncing its CIF License. According to a statement from its website, the firm stated that it won’t be accepting new customers anymore. Furthermore, the company revealed that it will no...
ASIC Imposes Bankruptcy Orders Against Tyson Scholz
The Australian securities regulator, the Australian Securities and Investments Commission (ASIC), has secured bankruptcy orders against a social media finfluencer known as Tyson Robert Scholz. The orders in question seek to ensure that Scholz becomes bankrupt. The ASIC filed the...
GBE Brokers Improves Trading Experiences with Charting Tool TradingView
GBE Brokers, a financial service provider offering forex and contracts-for-difference (CFD) services in Germany, has integrated with TradingView. TradingView is a leading charting and analytics platform allowing traders to make informed financial decisions. With this integration, GBE Brokers will give...
Interactive Brokers Recorded A 24% Annual Increase in Darts to 2.44 Million
Brokerage firm Interactive Brokers posted 2.44 million daily average revenue trades (DARTs) in February 2024, which is a notable increase from the 2.2 million recorded in January. During the same month, the broker added 680,000 new accounts. This increase brought...
Admirals Unveils a Free Analytical Research Terminal for MT4 and MT5
Admirals released an Analytical Research Terminal for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms earlier this month. The terminal launched as a free add-on, with the goal being to help traders analyze financial markets more accurately by following the...
Public.Com Exits UK Market Barely Eight Months After Expansion
Public.com withdrew its operations from the United Kingdom in February after intense competition in the retail investment market. Public.com exited the UK market within eight months of operating in the country. The company is turning its attention towards the US...
BuildMyCreditScore Users Notice Remarkable Credit Score Improvements Within Months
BuildMyCreditScore, a UK open banking-driven start-up, stated that users have witnessed an average 52-point rise in their credit score within the initial three months. The company was launched last year October. It issues a Mastercard debit card linked with a...
BlackRock Takes First Step Into Asset Tokenization
BlackRock, the asset management giant, has officially introduced its tokenized asset fund, the BlackRock USD Institutional Digital Liquidity Fund, on the Ethereum network. It is represented by the BUIDL token, which is built on blockchain and is fully backed by...
Pig-Butchering Becomes A Major Payment Scam Threat
Pig butchering has been revealed as one of the major customer scams currently. This report was shown in Visa’s Biannual Threats Report, its Spring 2024 Edition. The announcement shows that about 10% of surveyed adults have been targeted. Fraudsters who...
UK Primed For Significant Increase In Digital Wallet Adoption
The UK is approaching a significant change in payment methods, with digital wallets set to make up half of all e-commerce spending and almost a third of POS transactions by 2027. Since Digital wallets were first introduced in the late...
Greggs Stores Resume Operations Following Payment Processing Problems
Greggs, a bakery chain located in the UK was forced to temporarily shut down many stores as a result of payment processing challenges. These difficulties were also experienced by other UK retailers during the weekend. Stores in Glasgow, Cardiff, Manchester,...
Popular broker Pepperstone Announces Partnership With Tennis Legend, John McEnroe
FX and CFD broker Pepperstone is collaborating with tennis legend John McEnroe. The move has spurred excitement among traders and tennis fans alike. The partnership also provided that McEnroe will be joining the present ambassador in the company, Australian star...
SEC Has Charged Two Advisers $400,000 For Exaggerating AI Investment Strategies
The US Securities and Exchange Commission (SEC) has charged two investment advisory companies $400,000, according to the latest announcement. Global Predictions Inc. and Toronto-based Delphia (USA) Inc. were fined for fake and deceptive claims about utilizing artificial intelligence in their...
Canadian Investors Benefit From Webull’s Interest Earnings On Uninvested Cash
Webull Canada, an online investment platform, has launched a cash management system. This tool enables users to receive discount rates of 3 percent on the US dollar and 4 percent on the Canadian dollar for unallocated cash. As per the...