Markets

XTB is planning an expansion of its latest passive Investment Plans, which will result in the introduction of an auto-trading option, according to recent reports. The Polish fintech’s CEO, Omar Arnaout, believes that recurring payments facilitate long-term, passive investing, not...

Credit card giant Visa recently rolled out a new Web3 loyalty engagement platform, meant to allow companies to reward their customers. The rewards would be provided for purchases, but also for interactions and engagement, which is something that Visa intends...

Last year, the Consumer Financial Protection Bureau (CFPB) revealed its new open banking rules, but soon after they were presented, the rules faced criticism from two industry groups. According to their comments, the planned rules do not go far enough...

According to a recent report by Saxo Bank, a Denmark-based multi-asset brokerage, there has been a significant increase in trading activities recorded in the last month of 2023. The bank reported that its average daily volume had reached $6.4 billion,...

Goldman Sachs, the leading Wall Street investment bank, reportedly reached out to BlackRock and Grayscale with the intention of joining their Bitcoin spot ETF programs. Recent reports suggest that the bank seeks to become an authorized participant (AP) for the...

According to a recent survey for an education charity, the Center for Financial Capability, nearly a quarter of British citizens who opted to use the buy now, pay later (BNPL) services ended up being charged late payment fees. The results...

The Avalanche Foundation will use the Culture Catalyst program to support Memecoins created on the Avalanche network. This support comes amid massive growth of memecoins, with coins such as $PEPE and $BONK outperforming the market in 2023. Avalanche also saw...

Japan-based Sony Bank recently offloaded a majority stake in its payments business, Sony Payment Services, to private equity funds managed by a company known as Blackstone. According to the details of the deal, Sony Bank will be able to roll...

Webull has launched in Canada, allowing retail traders to invest in the local and American stock markets at a lower cost. The launch follows the release of the Webull brokerage services in Canada. Webull is a licensed investment company in...

Deutsche Börse recently released its cash market figures for 2023. The numbers show that the total trading volumes reached €1.2 trillion during the year on its Xetra and Frankfurt Stock Exchange platform. The figure shows a 21% drop compared to...

Interactive Brokers Group, a leading automated global electronic brokerage firm, has shared its monthly performance data for December 2023. The metrics point towards increased growth across major areas. Some metrics that have increased during the month include the daily average...

eToro, a leading social trading and multi-asset brokerage platform based in Israel, has announced significant changes to its crypto asset custody services. These changes target eToro’s customers in Germany. These services will no longer be available in Germany from January...

Changpeng “CZ” Zhao, the former CEO of the Binance cryptocurrency exchange, has been barred from leaving the United States by a federal judge. Zhao will have to remain in the US until his sentence hearing. Judge Richard Jones of the...

The Japan Exchange Group has posted its trading data for 2023. The published data shows that trading activity increased significantly during the year to reach record levels. The annual trading volumes in the cash equity market on the main floor...

Jeff Ward has taken over as the new CEO of FX electronic liquidity distribution provider FXSpotStream. Ward assumed this position on January 1, 2024. Ward’s appointment in this role was announced in August last year. He has now replaced the...