Brokeree Solutions integrates Liquidity Bridge to Devexperts trading solution DXtrade
Brokeree Solutions, a multi-asset broker technology provider, has revealed that Liquidity Bridge has been integrated with DXtrade. Liquidity Bridge is Brokeree’s flagship liquidity solution. Brokeree integrates Liquidity Bridge with DXtrade DXtrade is a Devexperts trading platform for contracts for difference...
Jefferies investment bank reveals a max loss FXCM exposure of $82.8M
Jefferies Financial Group, an investment bank headquartered in New York, revealed a maximum loss exposure of $82.8 million on its investment in FXCM. The loss exposure suffered by the financial service provider was for the period between December 2022 and...
EV maker Tesla announces plans to open a new factory in Shanghai
Tesla, the leading maker of electric vehicles, is opening a factory in Shanghai. The factory will have the capacity to produce ten thousand Megapack energy products annually. The production in this new Shanghai factory will supplement the output that the...
OpenAI CEO considers opening an office and expand services to Japan
The Chief Executive Officer for OpenAI, Sam Altman, has said he is considering opening a physical office. Following a recent meeting with the Japanese prime minister, the executive is also considering expanding the company's services to Japan. OpenAI CEO considers...
Parameta Solutions secures ESMA approval to offer benchmark services
Parameta Solutions has gained approval from the European Securities and Markets Authority (ESMA) to offer benchmark services. The approval will enable Parameta Solutions to offer over-the-counter benchmarks and indices in Europe and the United Kingdom. Parameta Solution gains ESMA approval...
M4Markets acquires FX and CFDs broker Tixee
Trinota Markets Limited, the company behind M4Markets, has acquired the operations of Tixee. Tixee is a brokerage platform dealing in forex and contracts for differences (CFDs). The company operates in Europe, and it also maintains other operations globally. Trinota Markets...
Baidu files charges against Apple over fake Ernie bot app
Baidu, a leading search engine in China, has filed multiple lawsuits against app developers and tech giant Apple. The lawsuits revolve around the fake copies of the search engine’s Ernie bot application listed on the Apple App Store. Baidu files...
UK’s FCA and ASA launch campaign to educate financial influencers
UK regulators, the Financial Conduct Authority (FCA) and the Advertising Standards Authority (ASA), have unveiled a campaign for educating financial influencers. The campaign aims to stop these influencers from using their platforms to promote illegal “get-rich-quick schemes.” UK regulators launch...
Airbnb shares plunge amid probe into unpleasant customer experiences
Airbnb shares plunged by as high as 6% on Thursday after an independent report on the unpleasant experiences of customers that used the platform to book stays. The probe shared the negative experiences of users who booked short-term stages through...
CONSOB has blacklisted 871 illegal financial websites in three years
The Italian financial market regulator, the Italian Companies and Exchange Commission (CONSOB) has blocked more websites providing services in the country without proper registration. CONSOB has ordered internet service providers in Italy to block access to websites from five financial...
Danish investment bank Saxo Bank reports a 40% volume growth in March 2023
Saxo Bank, an investment bank based in Denmark, has released a report on its monthly trading volumes. The report shows a reversal in the three-month drops of the total monthly forex volume. The volumes reported by the company in February...
Amazon is planning to trim employee stock awards
Amazon has announced a plan to trim the employee stock awards that are usually a part of the company's compensation plan. The change comes as the tech company navigates an uncertain economic climate. Amazon plans to trim employee stock awards...
VertexFX traders to now access Advanced Markets liquidity
VertexFX, a trading platform that Hybrid Solutions created, has integrated Advanced Markets to boost its offerings. Advanced Markets is a platform that offers users foreign exchange (FX) liquidity, credit, and technology solutions. VertexFX integrates Advanced Markets VertexFX has integrated Advanced...
NAGA reports EUR 1.6 million in revenues in Q1 2023
NAGA Group, a fintech company based in Germany, has reported a 36% year-over-year drop in group revenues in Q1 2023. The company reported EUR 1.6 million worth of revenues during the first three months of the year, a decline from...
MahiMarkets to give brokers full autonomy when creating CFD pricing
MahiMarkets, a technology provider company providing electronic trading services, has boosted its contracts for difference (CFD) pricing products. The move aims to give brokerage platforms "full autonomy" when creating their CFD pricing. MahiMarkets enhanced CFD pricing product The statement that...