Markets

Cyprus Securities and Exchange Commission (CySEC) recently announced that it has withdrawn the Cyprus Investment Firm (CIF) license from IFCM Cyprus Ltd. This decision was made during a meeting on October 30, 2024. According to CySEC, the company chose to...

NatWest has launched a unique “Scamvent” calendar to help protect people from scams. The calendar has 12 doors, each hiding a piece of information about the most common scams people might face this holiday season. Inside, there are finely crafted...

Citi has allocated funds to Pylon, a provider of programmatic mortgage infrastructure. However, the financial details were not revealed. Pylon, which was founded in 2022, has created a platform that offers programmatic originations and capital through enterprise-level APIs. The firm...

HSBC has introduced Smart Transact, a platform that allows businesses to manage transactions and access services like a current account and domestic payment capabilities. The platform also provides cross-border payment capabilities and access to HSBCnet’s global banking platform. According to...

The United States regulator for brokerage firms and exchange markets, FINRA, has approved Netcapital as a broker-dealer. This approval lets the company handle bigger fundraisers and offer more opportunities to investors. Netcapital Securities Inc., a part of Netcapital Inc., can...

The Financial Conduct Authority (FCA) has shared a five-year plan to improve how it handles financial regulations. The plan focuses on efficiency, innovation, fighting financial crime, and helping consumers, according to the regulator. It also invited businesses in the financial...

HSBC UK has announced its entry into the Point-of-Sale finance market with a new service named HSBC Flexipay. According to the update, this option will let shoppers spread the cost of large purchases into smaller, more manageable payments when they...

Schuman Financial has launched EURØP, a new euro-backed stablecoin. The company stated that the stablecoin is designed to change how customers complete global digital payments. It helps with on-chain foreign exchange trading and improves the tokenization of real-world assets. EURØP...

Robinhood Crypto has introduced Ethereum staking on its platform to help European users join the staking process more easily. According to the company, the new service also gives more options to experienced users in the cryptocurrency market. The company stated...

Klarna has rolled out a new technology center in Warsaw, showing the city’s growing name as a place for tech growth. The firm said it plans to hire over 100 engineers in Poland by 2025, using the strong tech and...

Rainer Phua has stepped into a key role as Head of Liquidity Management at TMGM, a major trading and financial services firm. Phua will work from TMGM’s regional office in Singapore, where he will oversee liquidity operations and manage important...

Market data platform dxFeed has partnered with Tickblaze, a hybrid trading platform, to help traders around the world get easier access to market data. The goal of the partnership is to improve how traders work by giving better tools and...

The Financial Conduct Authority (FCA) has shared new findings about how people in the UK view and use cryptocurrencies. According to the report, 12% of UK adults now own crypto, compared to 10% in previous surveys. Awareness of crypto also...

Greengage & Co. Limited has completed its first external debt transaction on the Coinbase Diamond platform. This platform works under the rules of the Abu Dhabi Global Market (ADGM). This step is important for Project Diamond, which aims to combine...

GCEX, a digital prime brokerage, has strengthened its partnership with Hex Trust, an institutional custodian, to launch the “Secured Accounts” service. This new service provides better protection for digital assets in the UK and EU markets. It builds on their...