Markets

The chief executive officer at Nasdaq Inc, Adena Friedman, has said that she expects initial public offerings during the first half of 2023 to remain low. Investors will continue being cautious during the first six months of the year before...

The economic uncertainty that has plagued financial markets for the better part of this year has affected the companies filing for initial public offerings (IPOs). Proceeds from IPOs have dropped by 93% this year alone, according to the President of...

The Chief Medical Officer at Moderna, Paul Burton, has said that the COVID-19 vaccine maker has developed a better way of recruiting people from diverse populations for its clinical trials. These trials are being conducted as part of studies into...

Virtu Financial, an electronic market maker from the US, recently filed a lawsuit against the Securities and Exchange Commission (SEC), claiming that it failed to provide information about its rulemaking process. The lawsuit is based on the Freedom of Information...

Shares across Asia rebounded earlier today due to investors’ hopes that China will not increase its COVID-19 restrictions and will instead reopen the economy. Whether or not this will actually happen is debatable, considering that the country has seen a...

The clientele base for forex brokers in Belarus increased by 30% during the first nine months of 2022. This comes amid a 93.9% rise in the share of non-resident clients. The total number of clients hit 239,400 as of October...

US cryptocurrency exchange, Kraken, made a mistake of not implementing an automated IP blocking tool in time. As a result, the exchange had a number of users from Iran. And, since there are sanctions imposed on Iran, the platform got...

China erupted with protests against harsh COVID-19 restrictions over the last several days, and it appears that the authorities are ready to discuss an alternative approach. At least, this is what is being speculated following the announcement by the Chinese...

The European Central Bank has warned that it could make losses amid high interest rates. The rising inflation levels have forced the ECB to hike interest rates as it bears the costs of the aggressive money printing moves in the...

L&T Finance Holdings, a leading non-banking financial institution in India, has announced the completion of the divestment in its mutual fund business. The funds generated through this transaction will strengthen the company’s balance sheet to support growth and innovation in...

Eurotrader, a multi-asset brokerage company based in Cyprus, has received regulatory approval from the Financial Conduct Authority in the United Kingdom. This license will allow the company to offer its services to the retail market in the UK. Eurotrader expands...

ClearBank has reported a nearly threefold increase in its January to October 2022 revenues. During this period, the company reported revenues of £45.4 million, which was a notable increase compared to the same period last year. ClearBank’s revenues increase 3x...

Bybit, one of the leading cryptocurrency trading platforms, has created a $100 million support fund. The company has said that it plans to provide additional protection to clients during a tough period for the cryptocurrency sector. Bybit sets up a...

One of the leading cryptocurrency trading platforms, Bitget, announced registering a new office in Seychelles. The launch of this office will support the platform’s expansion globally. Bitget launches a new office in Seychelles Bitget is one of the leading digital...

Britannia Global Markets is expanding its prime brokerage division. The company will be expanding this division by venturing into FX, index and commodity contract for differences (CFDs). Britannia expands prime brokerage services Britannia Global Markets is the brokerage division of...