Markets

The UK subsidiary of ZFX, a retail Contracts for Differences broker, recorded a revenue of £883,639. This amount signifies a decrease of approximately 150 percent from the previous year's revenue, which was £1.04 million. The substantial decline raises concerns about...

One Global Market, a UK-based CFDs broker operator, has announced an impressive revenue of £791,791. This figure represents a significant growth of 213 percent compared to the previous year. The remarkable increase suggests good performance and significant development in the...

ING and BNY Mellon have recently joined CLS, a financial market infrastructure firm, strengthening the list of top global banks that are collaborating with the company. Both banking giants are now members of CLSNet, a service specializing in bilateral payment...

One of the leading UK banks, NatWest, recently launched its new digital tool meant for small businesses. The tool, known as the Energy Help and Support, will allow 5.5 million startups in the UK to save on their energy bills...

The European Banking Authority (EBA) has recently introduced a new set of rules and guidelines regarding illicit behavior in the financial sector, particularly focusing on money laundering and terrorism financing risk factors to crypto-asset service providers (CASPs). The goal was...

A quantum computing startup known as Quantinuum recently concluded a new $300 million funding round led by JPMorgan Chase, which valued the business at $5 billion. Apart from JPMorgan, other participants in the highly successful round included Mitsui & Co.,...

A prominent infrastructure and market data provider known as Options Technology recently partnered with the Canadian Securities Exchange (CSE). The primary goal of the new partnership is to improve market connectivity for the firm, and increase efficiency in order to...

Crypto exchange Binance has partnered with Gulf Innova for a joint venture cryptocurrency exchange known as Binance Thailand. This exchange has now gone live and already supports digital asset trading. https://twitter.com/binance/status/1747137014447722711 Gulf Binance CEO Nirun Fuwattananukul noted that the launch...

Saxo Bank recently revealed that it has joined the ever-expanding ecosystem of FairXchange. The move will allow it to enhance and improve its data-driven dialogue with Liquidity Providers (LPs). Moving forward, FairXchange will provide the bank with its own liquidity...

Morgan Stanley recently agreed to pay $249 million to settle fraud charges brought up by the US Securities and Exchange Commission (SEC). The regulator sued the bank after discovering that it failed to enforce information barriers in regard to the...

The crypto community celebrated last week as the US Securities and Exchange Commission (SEC), the country’s securities regulator, finally approved spot Bitcoin ETFs, after a full decade of rejections. However, Bitcoin reacted with a short-lived surge, which then turned into...

The UK-based fintech firm Carmoola recently secured a £15.5 million equity investment from a number of investors. The funds came from VentureFriends, QED Investors, AlleyCorp, InMotion Ventures, and u.ventures. Carmoola emerged as an attempt to improve the used car market...

Do Kwon, the former CEO of Terraform Labs, recently requested a delay for his upcoming US Securities and Exchange Commission (SEC) trial. The trial, which is to be held in US court, needs to be delayed as he is still...

In a notable decision, the US Securities and Exchange Commission (SEC) has given the green light to 11 bitcoin spot ETFs, making way for mass acceptance and utilization of digital assets. Trading for the funds begins in the market opening...

A recent report reveals that there has been a 24% rise in fintech employment in Scotland. This upsurge is driven by various factors, including a continued number of international companies settling in Scotland, a growth in the maturity level across...