Grayscale Sees $2.2B Outflows In ETF Transition
In just the first five days of trading, the new spot Bitcoin ETF marketplace in the US has attracted nearly $1.2 billion in total net inflow. BitMEX Research data shows that BlackRock and Fidelity are now part of a special...
FP Markets Announces Integration Of TradingView To Its Platform
Retail Forex and Contracts For Difference (CDFs) broker FP Markets has partnered with charting provider TradingView. The partnership will integrate the advanced charting solution of TradingView into FP Market’s trading platforms. According to the announcement, the collaboration will enhance the...
CitiGroup Taps LuminArx To Launch Private Lending Venture
Alternative investment manager LuminArc Capital has announced a collaboration with Citigroup to roll out a private lending venture for companies The venture, called Cinergy, will provide different credit solutions to companies. The partnership will ensure series of investments across multiple...
MetaTrader 5 Rolles Out A New Upgrade Build 4150 For Improved Scalability
MetaTrader 5' has added a new update. Build 4150 brings forth great improvements, mainly in conveying functionality and the incorporation of new machine-learning techniques within MQL5. Investors and traders can now benefit from expanded reporting capabilities and innovative tools designed...
Exness Dominates iFX EXPO Dubai 2024, Clinching Most Trusted Broker MEA
Multi-asset broker Exness did very well at the iFX EXPO in Dubai in 2024. It received two prestigious awards, one for having the Best IB/Affiliate Program, and another for being the Most Trusted Broker in the Middle East and Africa...
TradingView And FP Markets Join Forces To Enrich Clients Offering
FP Markets, a broker for forex and CFDs, has joined forces with TradingView, a popular charting platform. This alliance allows FP Markets' clients to use TradingView's charting tools for several financial instruments like cryptocurrencies, stocks, and forex. The aim is...
India Dominates As Global Derivatives Market Soars By 64%
Futures Industry Association (FIA ) published a report about trading in futures and options worldwide in 2023. The report disclosed a notable increase in total derivatives trading. The total number of these contracts, which include futures and options, hit a...
Robinhood Faces Regulatory Heat with $7.5M Fine in Massachusetts
Robinhood is set to pay a $7.5 million fine to settle claims made by Massachusetts' securities regulators. The resolution revolves around authorities' claims that Robinhood, the trading platform, allowed inexperienced investors to partake in high-risk trades through its user engagement...
ZFX UK Records 150% Drop In Profits In FY23
The UK subsidiary of ZFX, a retail Contracts for Differences broker, recorded a revenue of £883,639. This amount signifies a decrease of approximately 150 percent from the previous year's revenue, which was £1.04 million. The substantial decline raises concerns about...
One Global Market Achieves trebled FY23 Turnover
One Global Market, a UK-based CFDs broker operator, has announced an impressive revenue of £791,791. This figure represents a significant growth of 213 percent compared to the previous year. The remarkable increase suggests good performance and significant development in the...
CLSNet Welcomes BNY Mellon And ING To Bolster FX Transaction Handling
ING and BNY Mellon have recently joined CLS, a financial market infrastructure firm, strengthening the list of top global banks that are collaborating with the company. Both banking giants are now members of CLSNet, a service specializing in bilateral payment...
NatWest rolls out a new digital tool to help the UK’s small businesses save energy and reduce emissions
One of the leading UK banks, NatWest, recently launched its new digital tool meant for small businesses. The tool, known as the Energy Help and Support, will allow 5.5 million startups in the UK to save on their energy bills...
Europe fights back against money laundering with a new set of crypto rules
The European Banking Authority (EBA) has recently introduced a new set of rules and guidelines regarding illicit behavior in the financial sector, particularly focusing on money laundering and terrorism financing risk factors to crypto-asset service providers (CASPs). The goal was...
Quantinuum concludes a $300 million funding round led by JPMorgan
A quantum computing startup known as Quantinuum recently concluded a new $300 million funding round led by JPMorgan Chase, which valued the business at $5 billion. Apart from JPMorgan, other participants in the highly successful round included Mitsui & Co.,...
Options Technology teams up with CSE to bolster market connectivity
A prominent infrastructure and market data provider known as Options Technology recently partnered with the Canadian Securities Exchange (CSE). The primary goal of the new partnership is to improve market connectivity for the firm, and increase efficiency in order to...