The UK’s FCA struggles to stop rogue financial campaigns
Great Britain’s FCA (Financial Conduct Authority), recently presented a new set of rules for companies in the country regarding the approvals of financial promotions. According to the financial watchdog, the number of rogue financial campaigns has seen a severe increase,...
Binance aims to expand liquidity offoneZero ecosystemering through integration with oneZero
Binance, the world’s leading cryptocurrency exchange, recently posted an announcement on its website explaining that Binance VIP & Institutional had decided to join the oneZero EcoSystem. The platform will use the partnership to provide its liquidity services and further extend...
Pepperstone became an official partner of the Australian Cricket Team Adelaide Strikers
While the eyes of the world’s sports fans are turned to the currently on-going World Cup, it is important to remember that in Australia, the most popular team sport is actually cricket. This is why a retail CFD (contract for...
BIS raises concern over hidden FX swap debt of over $80 trillion
The Bank for International settlements has said that pension funds, alongside other non-banking financial institutions, have over $80 trillion in hidden debt in FX swaps. The BIS further said that this year's adverse market events had been navigated without causing...
CMC Invest adds a new offering allowing investors to access flexible ISAs
CMC Invest has launched a new account known as Plus Plan. This account will allow investors to create flexible shares and stocks Individual Savings Accounts (ISAs). CMC Invest will allow investors to access a currency wallet supporting US dollars. CMC...
Apple and Amazon resume advertising on Twitter
Amazon and Apple are planning to resume advertising on Twitter. The two companies had halted their plans to advertise on Twitter after Elon Musk's Twitter takeover, but the social media company has since offered incentives to bring back advertisers. Apple...
Large investors slowly return to China after a year of poor performance
Chinese assets are showing signs of recovery as the government eases some COVID restrictions after one of the greatest mass protests in years. Large foreign investors are slowly returning to China after its equity markets recorded one of the worst-performing...
Travelex reports a 160% rise in its Q3 2022 revenues as travel restrictions ease
New Travelex Group has released its financial results for the third quarter of 2022. The financials showed that the company’s revenues had increased by 160% year-over-year to £129.6 million. Travelex’s Q3 2022 revenues rise by 160% Travelex’s financial results for...
Vantage now supports social trading on its mobile app
Vantage, one of the leading financial companies offering forex and contract for differences (CFDs) trading, is launching social trading on its mobile application. The Vantage mobile app now supports social trading and regular trading activities. Vantage rolls out social trading...
Nasdaq CEO hopes IPOs will be more in 2023 as she calls for crypto regulations
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...
NYSE President says IPO proceeds have dropped by 93% this year
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...
Moderna executive says the company is recruiting for COVID trials from a diverse population
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...
US SEC goes back to court after being sued by Virtu Financial over FOIA
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...
Asian stock market sees a rebound despite growing lockdowns in China
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...
Clientele for Belarusian forex brokers climbs 30% in the first nine months of 2022
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...