Markets

The UK Financial Conduct Authority (FCA) announced recently that it rejected 8,582 financial promotions last year. The rogue ads were not fitting for a display to the point where the regulator sought their amendment or removal by the companies that...

The UK financial market regulator, the Financial Conduct Authority, has issued a warning against "AXI Corp Limited." The latter is a clone company mimicking Axi and its sister company, One Financial Markets, registered with the regulatory body. FCA warns of...

Consob, the financial market regulator for Italy, has blacklisted five more websites offering financial services without the proper regulatory approval. According to the Italian market regulator, these websites operated illegally or promoted fraudulent activities. Consob blacklists five illegal FX/CFDs brokers...

Broadridge Financial Solutions has published its financial results for the second quarter of the 2023 financial year. In the financial results, the company reported a 3% annual increase in total revenues, which came to around $1.3 billion. Moreover, the company...

B2Broker has integrated Match-Trader into its product offerings after securing the platform server license. The technology and financial services supplier integrated Match-Trader amid growing demand from customers within the fintech industry looking for alternatives to MetaTrader. B2Broker integrates Match-Trader B2Broker...

The Federal Reserve hiked interest rates by 25 basis points during the recent Federal Market Open Committee (FOMC) meeting. The Fed noted that the interest rate hikes have cooled down inflation, and interest rates would still be increased further and...

FXSpotStream reported total monthly trading volumes of $1.3 trillion in January 2023. The number was a 3% increase from the $1.26 trillion reported in December. FXSpotStream also reported a 5.2% jump in the average daily volume (ADV). FXSpotStream hits $1.3...

Japanese financial services company, Monex Group, recently released its financial result for the third quarter of the fiscal year 2023.  According to the report, the nine-month period between April 2022 and December 2022 has brought a significant drop in the...

CMC Markets announced yesterday, January 31st, that it would soon launch its services in Singapore. The new service, known as CMC Markets Singapore Invest, should see its soft launch by the end of the current quarter, according to the announcement....

Yet another performance report came out, revealing the earnings and performance in 2022, this time for the global investment bank UBS, based in Switzerland. However, the details of the bank’s report are quite interesting, as it saw a total net...

The Israel-based social trading app eToro, recently introduced a new smart portfolio, which is powered by AI technology. The portfolio will allow investors to gain exposure to the stocks of some of the fastest-growing US companies. The portfolio will keep...

Horizon Software has announced plans to release an update targeting Horizon Extend, its cross-asset electronic platform. The company is also focused on the growth of the company and adopting effective trading solutions. Horizon Software issues update for its Extend platform...

Bed Bath & Beyond has been a go-to shopping destination for couples planning weddings and starting a family for years. However, after trying to expand into store brands, it lost its footing. The lack of stability, combined with the difficulties...

Earlier today, January 31st, the International Monetary Fund (IMF) raised its 2023 global growth outlook, taking the financial industry by surprise. The increase is not a major one, but even the fact that the global growth predictions grew at all...

India is one of the nations that are emerging as the biggest and most popular economies of the future. It has already made its way to a number of investors’ maps, and it is only getting started. The country is...