Markets

In the second quarter of 2024, Plus500 earned $182.6 million. This amount is 14 percent higher than what it earned in the same period last year. Yet, the total decreased by 15.3 percent from the $215.6 million generated in the...

Consob, Italy's securities regulator, has warned investors about the dangers of retail prop trading. It said that they are online trading that claims to offer profits but may result in financial losses. The Italian market regulator explains the prop trading...

Even though financial market regulators try their best to stop unlicensed investment firms, their fight seems endless. The Spanish CNMV has reported that scammers are once again pretending to be popular retail trading brands. The latest warning list also shows...

Charlie Rozes has shared on LinkedIn that he will become the Executive Director and Chief Financial Officer at BMS Group starting in November 2024. Rozes, presently residing in London, will report to BMS Group Chief Executive Officer Nick Cook. He...

As the UK launched its General Elections earlier today, the country’s payments group, The Payments Association, urged the upcoming government to impose a ‘Tech Levy’ on social media giants. Essentially, the group wants the future Chancellor to make social media...

Germany-based Giesecke+Devrient (G+D) recently revealed a new token-based system that will allow customers to make secure offline payments. Introducing G+D Filia Unplugged The new token-based payment solution is known as G+D Filia Unplugged, and it will enable consecutive, secure offline...

Telegram's founder and Chief Executive Officer, Pavel Durov, has praised Hamster Kombat. He has applauded the crypto game booming on his chief messaging platform as the fastest-growing digital service worldwide. On his Telegram channel, Durov said that a new age...

Silvergate Capital Corp, which used to own Silvergate Bank before it shut down, and its former top bosses, have agreed to pay $63 million in fines. This is to settle problems with California regulators due to poor management, especially with...

FXSpotStream has announced a surge in its average trading volumes for June. The company revealed that its spot average trading volumes grew 39% year-on-year. It reported that other average trading volumes rose 85% year-on-year from $14 billion. FXSpotStream Announces A...

ViewTrade, a US company that provides investment and trading technology solutions, has started operations in Australia. This move aims to give Australian investors better access to global markets and could save the country's wealth industry almost $160 million every year....

French banking giant BNP Paribas has renewed its partnership with CobaltFX, which is part of United Fintech. According to an announcement, the two entities seek to enhance the Dynamic Credit solution to ease and optimize credit allocation for FX transactions...

Immunefi, a company that helps protect blockchain technology, just released a report. The report shows that scammers took much more cryptocurrency in the second quarter of 2024 than last year. They stole over $572 million worth of digital money during...

EBC Financial Group (EBC) has revealed that it has won two major titles at the World Finance Awards 2024. The group was awarded the Best CFD Broker and the Most Trusted FX Broker. These awards show that EBC is committed...

The European Banking Authority (EBA) has announced its plans to set up a framework to look into stablecoin issuers by the end of the month. The plan aligns with MiCA’s overall regulatory policies, which provide a strict cap on transaction...

CFI, a top brokerage company, has grown its partnership with the FIBA West Asia Super League. The company made a deal with eVulpa LLC, which has all the rights for FIBA WASL, to become the League's leading partner. CFI Wants...