Eurotrader to use MahiMarkets’ cross-asset trading technology and services
Eurotrader, a leading multi-asset brokerage company, recently entered into a new partnership with MahiMarkets, formerly MahiFX. The goal of the partnership is for Eurotrader to use MahiMarket’s cross-asset trading technology in order to improve pricing and risk management. Eurotrader selected...
BGC Brokers and two GFI subsidiaries get a £4.8 million fine
According to a recent report, the Financial Conduct Authority (FCA), the UK’s financial watchdog, has fined several brokerages, including BGC Brokers LP, as well as two subsidiaries of GFI Gropu — GFI Brokers Ltd. and GFI Securities Ltd. The fine...
Broadridge Financial Solutions partners with IntraFi to expand its securities lending
Global fintech leader, Broadridge Financial Solutions, announced a new partnership with a privately held firm and US banking network, IntraFi. The company announced the team-up yesterday, December 8th, stating that the partnership came due to an increase in demand for...
Robinhood reports flat AUC following the recent surge in crypto trading
With the end of the year approaching, companies are publishing reports involving different aspects of their operations, often with interesting results. Robinhood, a major US trading and investing app, which offers access to stocks, cryptocurrencies, and various other assets, recently...
Coinbase CEO expects the revenue for 2022 to drop by more than 50%
After more than a year of the bear market in the crypto industry, a number of companies have filed for bankruptcy. Popular crypto exchange FTX is one of the biggest examples of this, which went bankrupt on November 11th of...
Card issuer Marqeta integrates with Mastercard’s instant pay solution
According to its Wednesday announcement, a card issuing platform provider, Marqeta, has just integrated with Mastercard’s Track Instant Pay Virtual Card Solution. According to the company, Mastercard’s product will allow it to offer instant payments of supplier invoices, thus improving...
The UK’s FCA struggles to stop rogue financial campaigns
Great Britain’s FCA (Financial Conduct Authority), recently presented a new set of rules for companies in the country regarding the approvals of financial promotions. According to the financial watchdog, the number of rogue financial campaigns has seen a severe increase,...
Binance aims to expand liquidity offoneZero ecosystemering through integration with oneZero
Binance, the world’s leading cryptocurrency exchange, recently posted an announcement on its website explaining that Binance VIP & Institutional had decided to join the oneZero EcoSystem. The platform will use the partnership to provide its liquidity services and further extend...
Pepperstone became an official partner of the Australian Cricket Team Adelaide Strikers
While the eyes of the world’s sports fans are turned to the currently on-going World Cup, it is important to remember that in Australia, the most popular team sport is actually cricket. This is why a retail CFD (contract for...
BIS raises concern over hidden FX swap debt of over $80 trillion
The Bank for International settlements has said that pension funds, alongside other non-banking financial institutions, have over $80 trillion in hidden debt in FX swaps. The BIS further said that this year's adverse market events had been navigated without causing...
CMC Invest adds a new offering allowing investors to access flexible ISAs
CMC Invest has launched a new account known as Plus Plan. This account will allow investors to create flexible shares and stocks Individual Savings Accounts (ISAs). CMC Invest will allow investors to access a currency wallet supporting US dollars. CMC...
Apple and Amazon resume advertising on Twitter
Amazon and Apple are planning to resume advertising on Twitter. The two companies had halted their plans to advertise on Twitter after Elon Musk's Twitter takeover, but the social media company has since offered incentives to bring back advertisers. Apple...
Large investors slowly return to China after a year of poor performance
Chinese assets are showing signs of recovery as the government eases some COVID restrictions after one of the greatest mass protests in years. Large foreign investors are slowly returning to China after its equity markets recorded one of the worst-performing...
Travelex reports a 160% rise in its Q3 2022 revenues as travel restrictions ease
New Travelex Group has released its financial results for the third quarter of 2022. The financials showed that the company’s revenues had increased by 160% year-over-year to £129.6 million. Travelex’s Q3 2022 revenues rise by 160% Travelex’s financial results for...
Vantage now supports social trading on its mobile app
Vantage, one of the leading financial companies offering forex and contract for differences (CFDs) trading, is launching social trading on its mobile application. The Vantage mobile app now supports social trading and regular trading activities. Vantage rolls out social trading...