Markets

Earlier today, June 26th, a pan-European stock exchange Euronext announced that it will sell its stake in LCH SA. The exchange holds an 11.1% stake in the major clearing house, and it decided to sell it all to LCH Group...

London Capital Group (LCG) suffered a major IT outage last week. The forex and CFD broker, owned by Flowbank, reported that the outage affected its entire trading platform. All of the company’s services went dark, and the impact even reached...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning against nine websites that do not have the proper licenses. The regulator has said that the nine unlicensed websites that the regulator has warned against provide retail traders with...

ATFX is strengthening its presence across the Middle East. The brokerage platform has now obtained an Arrangement and Advice license from the UAE Securities and Commodities Authority (SCA) to support its expansion in this region. ATFX obtains new UAE license...

Forex and contracts for differences (CFDs) broker Trade Nation has reported significant value in sports sponsorship deals. Trade Nation has now secured a new partnership deal with an English football club known as Aston Villa. Trade Nation is the new...

The Canadian Securities Administrators (CSA) has issued a warning to investors about cryptocurrency service providers. In the alert, the CSA said that some crypto service providers made false claims of being authorized and affiliated with regulators and dispute resolution entities....

The UK financial market regulator, the Financial Conduct Authority (FCA), has warned against the clone of leading social and copy trading retail broker eToro. The popularity of eToro among retail traders has made the platform become a top target of...

The Binance cryptocurrency exchange and its CEO, Changpeng Zhao, have criticized the claims made by the US Securities and Exchange Commission (SEC). The SEC had claimed that Binance mixed and diverted customer assets at the Binance US platform. Zhao has...

Trading solutions provider targeting the capital markets, Exegy Inc, has expanded its coverage on crypto derivatives for the Metro professional trading platform. The company has expanded its offerings in the crypto sector by offering the products and services supported in...

HYCM Capital Markets (UK) Limited has released its annual financial results for the year ending on December 31, 2022. HYCM UK is a forex and contracts-for-difference (CFDs) brokerage platform based in London. HYCM UK reports a plunge in 2022 profits...

Induslnd Bank has confirmed a partnership deal with the Wise platform. Wise is a global fintech company that has specialized in instant cross-border payments to provide online inward remittance services. These services are available to Non-Resident Indians (NRIs) that have...

EBA Clearing has issued an announcement at its shareholders' meeting that happened in Madrid. The announcement said that the agency would start the analytical pilot program for the pan-European Fraud Pattern and Anomaly Detection (FPAD) functionality in July 2023. EBA...

Mizuho Financial Group and Fujitsu have unveiled joint verification trials through the generative AI technology supported by Fujitsu. This partnership will streamline the development and maintenance operations of the system supported by Mizuho. Mizuho and Fujitsu for generative AI technology...

SVB Financial Group has announced a plan to sell its investment banking division known as SVB Securities. SVB Securities will be sold to a group that is led by Jeff Leerink, with the funds backing the group being managed by...

Rio Tinto has said that it is working to recover around 30 wagons of a self-driving iron ore train. The train in question derailed in Western Australia in an accident. According to analysts, this accident had the potential to disrupt...