Markets

The United Kingdom's Centre for Finance, Innovation, and Technology (CFIT) recently revealed that it is working on building two open finance applications. These will focus on two goals — providing financial advice to vulnerable users, and increasing the speed at...

The biggest banks in the United Kingdom are anticipating the experimentation stage of a Regulated Liability Network. This network is designed as a financial infrastructure for programmable money, functioning on a shared ledger among several banks. The Regulated Liability Network...

Acuity Trading, a trading solution and market analytics provider, has collaborated with Excent Capital, a global platform focused on providing trading solutions. The alliance will allow Excent Capital to integrate Acuity Trading's state-of-the-art tools, such as NewsIQ, AnalysisIQm, and Economic...

The Cyprus Securities and Exchange Commission (CySEC) has extended the license suspension of the locally regulated subsidiary of the now-defunct cryptocurrency exchange, FTX. With parent company’s executives facing jail time and senators seeking answers, the FTX EU’s quest for compliance...

Celeris, a company that helps businesses with payments, has announced a partnership with PXP Financial, another fintech firm recognized for its payment technologies. The alliance aims to make the payment process easier for businesses all over the world. Celeris And PXP Financial Partnership Is Positioned To Make...

Two U.S. Senators – Chuck Grassley and Elizabeth Warren – are demanding that the Chairman of the Commodities Futures Trading Commission (CFTC), Rostin Behnam, provide a detailed accounting of the Commission’s dealings with Sam Bankman-Fried (SBF) of defunct crypto exchange...

Interactive Brokers posted solid financial results during the first quarter of the year that ended March 31, 2024. The brokerage company's financial results recorded a positive performance driven by increased revenue and earnings. The net revenues jumped by 13% to...

Binance US has onboarded Martin Grant to its Board of Directors as the cryptocurrency exchange continues to revamp its operations to remain compliant in the US. Grant comes with expertise in compliance having served as the former Chief Compliance and...

Saxo Bank is considering selling its business, and it is already consulting with investment bankers on the options available. Saxo Bank has been struggling to remain afloat since a planned merger failed in 2022. The Danish bank is now contemplating...

The fintech industry has emerged as the most funded sector in the UK. This sector secured the most investment from the venture capital (VC) industry in 2023. During the first three months of 2024, fintech companies in the US secured...

CMC Invest, the Stock Trading branch of CMC Markets, is expanding its offerings in the UK by launching a Self-Invested Personal Pension (SIPP) program. Announced earlier this month, this new service is introduced as a fixed-price product in partnership with...

RoboMarkets a European brokerage company, has announced the expansion of its collaboration with BMW M Motorsport for the 2024-2025 Deutsche Tourenwagen Masters (DTM) seasons. It is worth noting that the company has been in partnership with the motorsports team since 2019, offering RoboMarkets with brand experience...

Landesbank Baden-Württemberg (LBBW), the state-supported bank in Germany, has announced its plans to enter the cryptocurrency custody industry. In a tactical decision, LBBW has revealed a collaboration with Bitpanda, a crypto exchange platform in Australia to advance this initiative. The...

SBI Securities of Japan is set to join the UK equities brokerage market as a new player in a collaborative effort with Broadridge Financial Solutions to introduce its services in the region. The move is centered on the existing partnerships...

The combination of sports sponsorship and cryptocurrency has intensified as a non-league English football club, Real Bedford, received a $4.5 million Bitcoin investment from Tyler and Cameron Winklevoss. The two financiers are the twins that created the blockchain trading platform...