Markets

The co-founder of Microsoft, Bill Gates, has said that the competitive technology industry is changing. The race in the tech space currently revolves around the creation of a top artificial intelligence (AI) agent, according to Gates. This agent will disrupt...

The Moscow Exchange (MOEX) has released its financial results for the first quarter of 2023. The exchange generated RUB 1.47 billion worth of fees and commission income during the quarter. This figure was from the foreign exchange business at MOEX....

The Binance cryptocurrency exchange has announced it has integrated TradingView. Binance will be using the charting and analytics platform to boost its spot trading services and increase the interest that investors have in the cryptocurrency industry. Binance Integrates TradingView Binance...

Financial influencers, who are also known as finfluencers, have a solid presence in the retail market. However, these individuals are now facing scrutiny from regulators. There are concerns over the regulatory approach that should be used for finfluencers and whether...

Coinbase, the largest cryptocurrency exchange in the United States, has launched a zero-fee subscription service known as Coinbase One. This service allows traders to trade cryptocurrencies at no fee while also receiving high staking rewards. Coinbase Launches A Subscription Service...

CME Group, a derivatives marketplace operator located in Chicago, has imposed a $60,000 fine against a trader known as Lei Shu. The company has also permanently suspended this trader from its trading floors. CME Bans Trader Amid Disruptive Action CME...

Admirals Group AS, the parent company for the Admirals forex and contracts-for-difference (CFD) brokerage platform, has announced plans to merge with Admirals Markets AS. The latter is the company’s subsidiary in Estonia, with the merger slated to happen during the...

Miami International Holdings (MIH), an exchange conglomerate based in the United States, has closed a $50M acquisition deal of LedgerX. LedgerX was initially owned by the FTX cryptocurrency exchange that filed for bankruptcy in November last year. Miami International Exchange...

Sony Group has said that it is currently considering the partial spinoff of its financial division. These plans came around three years after the company took control of this division. The entertainment giant is also doubling down on its entertainment...

Trade Capital UK Ltd, which operates the Trade.com brand in the United Kingdom, has reported annual revenues of £759,240 in 2022. The revenue is an annual increase of over 216% Trade Capital reports a 219% jump in revenue The revenue...

A US bankruptcy court has approved the liquidation plans of the bankrupt crypto lender, Voyager. The court has allowed the lender to end its Chapter 11 bankruptcy reorganization efforts. Voyager was among the crypto firms that filed for bankruptcy last...

Cornerstone FS Plc, one of the largest foreign exchange and payments companies, has published its financial results for the fiscal year ending December 31, 2022. The results show that the company had significant revenue growth, with the metric increasing by...

XX ZW Investment Group, a private investment company owned by Jakub Zablocki, who owns a majority 81.97% share in the firm, has sold 7 million shares at XTB. The sale happened on May 10. XTB founder sells $64M shares The...

Euronext has reported an 11.7% year-over-year drop in the revenue derived from forex trading activities during the first quarter of 2023. The pan-European stock exchange group revealed this drop on Tuesday after submitting its latest report on the financial performance....

Launchpad XYZ, a Web3 startup firm creating an all-around Web3 platform, has hit a major milestone in its presale that continues to garner much interest. The presale for the project’s native token, known as LPX, has entered the second stage...