Markets

OANDA Securities, the Japanese subsidiary of OANDA Corporation, has halted new downloads for the desktop version of its fxTrade trading platform. The company has also introduced changes in the margin rate for the USD/JPY currency pair on corporate accounts. OANDA...

The Financial Commission (FinCom), an external dispute resolution (EDR) institution in the forex sector, has onboarded Baxia Markets as a member. Baxia is a MetaTrader electronic communications networks (ECN) brokerage platform founded in 2020. Baxia Markets becomes the latest FinCom...

German-based fintech, NAGA, is in active discussions about a merger with a multi-country brokerage platform. NAGA Group has referred to the move as a “strategic transaction,” but it has failed to disclose the details of the company it plans to...

LendingClub stands as a digital lending platform, and is set to lay off a total of 225 of its employees. This stands as 14% of the company’s entire workforce, with the blame being placed on the recent interest rates rising...

Anatoly Legkodymov, majority owner and founder of the Blitzlato crypto exchange, has now been arrested by the US Department of Justice (DOJ). The charges of the arrest are in regard to allegations of his various operations of “money transmitting business”...

Genesis Global and Gemini have both been charged by the US Securities and Exchange Commission (SEC). These charges are in regard to the SEC deeming the Gemini Earn crypto asset program as a means to allow retail investors to access...

Dukascopy, an online mobile trading and banking service provider based in Switzerland, has launched two new indices that will be available on MetaTrader4 (MT4). These new indices will be available to the users of the electronic trading platform that MetaQuotes...

MCC, a forex and contract-for-difference (CFD) brokerage platform, is looking to boost its services after a partnership with affiliate platform Metawork. The Dubai-based broker seeks to improve the customer experience at its partners and introduce brokers for its global base....

Finanzen.net zero has integrated charting and social networking tool, TradingView. Finanzen.net zero becomes the latest brokerage platform to integrate TradingView, enabling users to trade directly from the platform. Finanzen.net zero integrates TradingView In an announcement released on Thursday, TradingView confirmed...

Policymakers at the US Federal Reserve are advocating for more hikes in interest rates. Several policymakers are supporting a hike of at least 5% despite inflation showing signs of easing and slowing economic activity. Policymakers propose interest rate hike above...

Interactive Brokers Group has reported $1.31 per share earnings during the fourth quarter of 2022. The Q4 results marked the best three months the company has had in terms of quarterly profits. Interactive Brokers sees record profits in Q4 2022...

Tradesmarter is making it possible for financial service providers to provide access to WowTrader. The trading technology provider will offer WowTrader as a WordPress plugin with paper trading functionality. Tradesmarter integrates WowTrader Tradesmarter has said that the new functionality will...

Citigroup, an investment bank and financial services provider based in New York, has promoted Joe Bond to the Senior Vice President of FX Sales for the UK and Jersey. Bond has been the leader of the forex sales team for...

Robinhood, a financial services company based in California, has announced that it will expand its business. Robinhood is planning to launch a platform where users can access financial news. The new platform will be known as Sherwood Media. Robinhood launches...

Gold prices can rally towards record highs of over $2000 per ounce during the year. However, the recovery towards these levels will not be smooth as some turbulence could be witnessed when the US Federal Reserve starts slowing down the...