Markets

The AFM (Dutch Authority for the Financial Markets) said that Saxo Bank was given a €1.6 million fine because of mistakes BinckBank made. BinckBank joined with Saxo Bank in 2019, and now Saxo Bank is responsible for the problems BinckBank...

Tietoevry Banking, a company that works with financial software, said it is now registered with the European Payments Council. The company said it will offer a new service called Verification of Payee (VoP). This service checks if the names on...

INGOT Brokers has welcomed two former BDSwiss leaders: Marios Morfakis as Head of Business Development and Andreas Andreou as Chief Sales Officer. Based on their LinkedIn profiles, the two executives left BDSwiss last September, a time when many other workers...

The Financial Commission shared that GTCFX is now one of its approved Members, starting from January 7, 2025. The group explained that it had accepted GTCFX’s request to join. This means the company can now use several services the Financial...

On Tuesday, JPMorgan revealed its decision to leave the Net-Zero Banking Alliance, reflecting the growing trend of U.S. banks exiting the major climate coalition amid political pressure. JPMorgan’s decision to leave follows Bank of America, Citi, Morgan Stanley, Goldman Sachs,...

Jonas Templestein, a co-founder of Monzo, shared his idea of a future where companies run without human staff. He explained that these businesses would be fully handled by AI agents. Templestein said this idea may sound like science fiction, but...

Qashio, a company that helps businesses manage their spending, has teamed up with Visa to launch a new way for travel companies to handle their payments in the UAE, MENA, Europe, and the UK. This is the first time the...

Phil Weisberg, the founder of FXAll, has left OneZero Financial Systems, where he worked as the EVP of Strategic Planning and Partnerships for five years. In mid-2018, he started working with OneZero as a Strategic Advisor but became part of...

Rostin Behnam, the leader of the U.S. Commodity Futures Trading Commission (CFTC), said he will step down from his job. The agency said it witnessed many important cases during Rostin's time as Chairman, and there were lots of discussions about...

Praxis Digital Trading, a global FX and CFD firm with offices in London, Hong Kong, and the Cayman Islands, has announced Bea Picciano as its new Chief Operating Officer. Praxis said Picciano has worked with the company as Senior Vice...

Acuity Trading shared that it has started using AI-powered trading signals, a new feature in its AnalysisIQ product. The company said this feature uses smart technology to give traders automatic signals for foreign exchange (FX) and cryptocurrency markets. Acuity explained...

The blockchain world is growing fast, but there are still problems. Experts said that blockchains not working together is a big issue. This makes it hard to move assets and causes problems with liquidity and security. Cross-chain bridges are tools...

BlackRock’s Bitcoin ETF listed on Nasdaq recently reported massive outflows, seeing $332 million leaving its public fund tracking Bitcoin last Thursday.  According to experts, this was the largest single-day outflow since the fund went live, almost a year ago now....

A Melbourne-based forex and CFD broker, Pepperstone, recently made a move that would further strengthen its position in the sports arena. The trading firm decided to enter a new sponsorship deal with the Aston Martin Aramco Formula One team. The...

Brokeree Solutions, a financial technology provider, has teamed up with Spotware's cTrader platform to roll out its Social Trading system. This move helps the fintech firm broaden its multi-platform trading abilities. This new connection makes it possible to share trading...