Tradesmarter integrates WordPress plugin WowTrader
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...
Joe Bond becomes the new SVP of FX sales for the UK and Jersey at Citi
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 launches a financial news subsidiary known as Sherwood Media
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 could rally to record highs as the pressure on interest rates eases
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...
Microsoft is widening access to ChatGPT amid plans to invest in OpenAI
Microsoft has said that it is broadening access to ChatGPT, a chatbots that has become increasingly popular across the internet. ChatGPT is a chatbots created by OpenAI, and there are rumors that Microsoft is planning a huge investment into the...
Tesla under scrutiny in Germany amid concerns about working hours
Tesla is under scrutiny by the German Union IG Metall. The union held its annual news conference saying that the workers at the Tesla Brandenburg plant were working long hours and had little free time. Tesla under scrutiny in Germany...
Asian stocks pumps as China reopening boosts investor confidence
Asian stocks have been rallying despite concerns of the Bank of Japan’s pivotal meeting that will be held this week. The stocks have been on a steady recovery due to China’s reopening and the move of the Xi Jinping government...
Bank of Japan’s YCC policy backfires as pressure for interest rate hike grows
The Bank of Japan is being pressured to change its policy on interest rates. The pressure comes as part of an attempt by the central bank to buy more time backfired as December inflation hit 4%. Bond investors have been...
Admirals picks Juan Enrique Cadinanos Moriano as Spain CEO
Admiral Markets Group has picked Juan Enrique Cadinanos Moriano as the new Chief Executive Officer for its operations in Spain. The appointment of Moriano comes as an internal promotion, as he previously served as the Country Manager at the company....
US CFPB proposes a registry with terms and conditions for nonbank financial institutions
The US Consumer Financial Protection Bureau (CFPB) has proposed creating a registry that contains the terms and conditions for non-banking financial institutions. The registry that will be open to the public will target the nonbank firms that can inhibit consumer...
Apex Group closes Pacific Fund Systems acquisition deal
Apex Group has acquired Pacific Fund Systems (PFS). PFS is a fund administration software company that was founded in 1999. The company’s acquisition will help Apex Group to improve efficiency while strengthening its ability to manage the operational risk of...
FXCubic integrates VertexFX Trader to boost offerings
FXCubic, a connectivity technology provider for the forex sector based in London, has integrated VertexFX Trader. The latter is an online multi-asset trading platform that offers hybrid solutions. FXCubic integrates VertexFX Trader FXCubic plans to benefit immensely from this integration,...
6 Israeli citizens set for US extradition over Yukom binary options scheme
The State Attorney’s Office of Israel has requested the Jerusalem District Court to approve the extradition of six Israeli citizens to the United States. The citizens are being deported to stand trial for engaging in a binary options scheme targeting...
Binance obtains its seventh license in the EU after Swedish registration
Binance Nordics AB, the subsidiary of Binance in Sweden, has secured registration as a virtual currency and management platform. The crypto exchange secured the license from the Swedish Financial Supervisory Authority (Swedish FSA). Binance secures its seventh license in the...
Saxo Bank might still have a chance at an IPO, stating that it will keep all options open
Saxo Bank made headlines in late 2022 for deciding to give up on its SPAC deal, which led many to believe that it is giving up on going public. However, the financial company now says that it is keeping all...