Markets

Saxo bank has reported its financial results for January. The company reported that the monthly trading volumes had reported a decline. The overall trading volumes at the company dropped to $375.6 billion. Moreover, the volume of forex assets during the...

eToro has expanded the list of available assets to investors in Brazil. The users of the social trading network that joined the platform on or after February 28, 2022, were only allowed access to cryptocurrency trades priced against the Brazilian...

Financial market regulators in South Korea are planning to revise the Foreign Exchange Transactions Act implemented in 1999. The changes to the rule are coming after the public called for a revision, saying that the policy was limiting. South Korea...

The global economy has been struggling more and more as months passed, but the current situation is seemingly not affecting everyone in the same way. One of the best examples of this is NAGA Group — a fintech company from...

Finland-based Peer-to-Peer (P2P) cryptocurrency platform, LocalBitcoins, announced recently that it would close down shop. The decision comes after 10 years in business, during which the platform served countless customers from all over the world. https://twitter.com/JGMontoyaS/status/1623677043878625281 The official announcement was made...

The Cyprus Securities and Exchange Commission (CySEC) recently warned cryptocurrency users against another suspicious company. The firm in question is called IMS Crypto, and according to the regulator, it is an unregulated firm that falsely claims to be in possession...

Plus500 is seeking to grow its presence in the Middle East. The London-based company has said that a new license from the Dubai Financial Services Authority (DFSA) will enable it to grow its regional presence and expand its customer base....

Google's parent company, Alphabet, saw its market value drop by $100 billion on Wednesday after its new chatbot, Bard, shared inaccurate information in a marketing video. Moreover, an event organized by the company to celebrate the launch of this chatbot...

AvaTrade, a forex and contract-for-difference (CFD) brokerage platform whose headquarters are in Ireland, has become the official trading partner for the Aston Martin Aramco Cognizant Formula One (AMF1) team. The brokerage platform has been securing strategic partnership deals to boost...

Global tech firms have not impressed lately, and the start of 2023 emphasized that with a severe drop in shares for numerous firms. The latest examples include Japan’s Nintendo Co Ltd, SoftBank Group Corp, and Sharp Corp. All three companies...

For over a year now, the cost of everything has been on the rise, which has been a nightmare for shoppers, who were able to buy less and less for the same amount of money each time when they went...

SVS Securities wants to cancel its authorization by the UK financial market regulator, the Financial Conduct Authority (FCA). The joint special administrators of this brokerage platform want to ensure that SVS Securities can no longer conduct regulated activities. SVS Securities...

XCritical has integrated the Social Trading solution offered by Brokeree. Brokeree Solutions is a forex technology provider based in Estonia that offers plugins to MetaQuotes trading platforms. The solution will be integrated into the customer relationship management (CRM) system. XCritical...

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently made a move against a trading company known as Argento Wealth Ltd (AWL). The regulator had commenced court proceedings against both the firm and its director, Daniel Willis. According...

Louis Vuitton has partnered with Japanese Yayoi Kusama to release a non-fungible token (NFT) collection. The fashion brand plans to give its customers access to 10,000 digital assets through this partnership. Louis Vuitton partners with Yayoi Kusama for an NFT...