Markets

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 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, 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 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, 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...

European banks are focusing on bespoke deals with investors to mitigate the risks of multi-billion euro loan portfolios and boost their financial strength. The "significant risk transfer" transactions are common, private, and bilateral. However, the data on the deals is...

The crypto industry has just lost yet another very popular platform that has been serving customers around the world for years — Paxful. The P2P cryptocurrency marketplace announced that it is suspending operations yesterday, April 4th. The platform’s CEO, Ray...

AMC Entertainment Holdings recently saw a strong crash of the value of its shares, which went down by 24% in extended trade this Monday, April 3rd. Meanwhile, the price of the company’s preferred shares, under the symbol APE, went up...

Bob Iger, the CEO of Walt Disney Co, recently had a clash with Florida Republican Governor Ron DeSantis. After Disney recently tool a position on legislation, the Governor allegedly retaliated against the company, and now, Disney’s CEO fired back, calling...

According to recent reports, Germany’s accounting watchdog, APAS, has issued a fine against EY, a company that served as Wirecard’s auditor between 2016 and 2018. EY received a 500,000 EUR ($541,650) fine in the aftermath of the Wirecard scandal. On...

UBS recently decided to make a sudden and rather rushed acquisition of one of its largest rivals, Credit Suisse. However, the executives seem to have underestimated the potential backlash that would come from the move. Not only did they anger...

In its recent announcement, an independent provider of historical Level 3 data and analytics, BMLL, revealed that it had made a move to expand its data coverage. The company, which offers data and analytics for global equity and futures markets,...

Twitter recently announced that it would begin winding down its legacy verified program and removing legacy verified checkmarks. This means that a number of accounts have lost the checkmark on April 1st. However, the social media platform has allowed users...

SVS Securities was a company that provided trading services in CFDs, stocks, IPOs, corporate finance, and more, and it was regulated and authorized by the FSA (Financial Services Authority). However, in August 2019, the company was placed under special administration...

Ethereum’s new Shanghai upgrade is promising a number of new opportunities for the crypto community, as well as for businesses of the crypto industry. One example of this comes from a Dubai-based crypto exchange Bybit, which revealed that it launched...