Markets

An electronic trading technology provider based in Cyprus, Spotware Systems, recently announced that it introduced copy trading to its trading app, cTrader Desktop. The new feature came alongside the app’s new update, v.4.5. Apart from copy trading, the new version...

Following the collapse of the main FTX exchange, based in the Bahamas, the platform’s subsidiaries in different areas of the world got their licenses suspended for a certain amount of time. Some of the most notable jurisdictions include Australia, Japan,...

Regulators around the world have had their work cut out for them with the recent increase in financial fraud cases, and companies that mismanage users’ funds or end up breaching local laws and regulations. The most recent example of the...

The UK’s regulator, the Financial Conduct Authority (FCA), recently revealed that it was forced to revoke the TPR (Temporary Permissions Regime) of a French company Lyonnaise de Banque. The company, based in the capital of France, Paris, missed its deadline...

The UK’s financial regulator, the FCA (Financial Conduct Authority) recently published a summary of its regulatory actions taken throughout the year. According to the regulator, it has developed a three-year strategy, which was necessary due to a rise in cases...

The Federal Court of Australia recently found a popular social media influencer, ASX Wolf, in violation of the country’s financial market laws. ASX Wolf’s real name is Tyson Scholz, and he came to the authorities’ attention after a number of...

Recently, the European Securities and Markets Authority (ESMA) completed and published the final report on guidelines for reporting under EMIR (European Market Infrastructure Regulation). The new report concerns guidelines, as well as technical standards for reporting, and the regulator noted...

The forex market has seen its fair share of trouble lately, from legitimate companies that were charged with data mismanagement to fraudulent firms that were running forex-based Ponzi schemes. In fact, US SEC just busted two of the latter firms,...

According to reports, the leading digital investment platform provider, Webull Corporation, recently revealed that it is seeing its third market launch in the Asia Pacific region. In other words, the company is expanding into Australia after previously introducing its services...

The London Stock Exchange Group (LSEG) announced yesterday, December 19th, that it has decided to purchase a US-headquartered risk and collateral management provider, Acadia. The LSEG has had a stake in Acadia for over four years now, and now, it...

Recently, Mastercard posted an announcement of two new partnerships with a fintech firm Currensea, and Secure Trust Bank. According to reports, the move will have a great effect on the open banking applicability in the UK, and it will actually...

The UK has been working towards bettering its relationship with the UAE in several ways. After sending its delegation to the Abu Dhabi Global Market in order to work on strengthening the bonds between the two entities, it now also...

Abu Dhabi Global Market, an Abu Dhabi-based international financial center, recently welcomed a delegation sent by the UK government. The delegation consists of members from the department for digital, culture, media, and sport (DCMS), which arrived to ADGM to strengthen...

The Group of Central Bank Governors and Head of Supervision (GHOS) of the BIS (Bank for International Settlements) has recently decided to approve and support a new global standard for banks operating under central banks. The standard is related to...

OneCoin is still one of the biggest and most famous cases of a cryptocurrency pyramid scheme, but also one that the authorities are still unraveling to this day. Significant progress in the case was made only days ago, when one...