Markets

Google Cloud has unveiled another AI-powered product. After Google previously released MusicLM — a music-generating AI service, it now created an AI-powered tool for combating money laundering. The new AML service will supposedly be able to help with detection of...

Trade Nation has joined the list of brokerage companies that are expanding their presence in the market by securing sports sponsorship deals. The FX and CFDs broker has secured a new partnership deal with an English football club known as...

Multi-asset brokerage company, CFI Financial Group, has announced a partnership deal with AK Financial. The partnership will enable the company to expand across the Middle East and North Africa (MENA) region. CFI Financial partners with AK Financial The partnership between...

The Robinhood exchange has announced a plan to acquire X1 Inc. The latter is a fintech company that provides access to credit cards for $95M in cash. This acquisition deal is slated to close during the third quarter. Robinhood to...

Italy just became the newest country to enter the CBDC race by launching its own central bank digital currency pilot program. The program was actually launched by the Bank of Italy, and its goal is to assess the viability of...

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...