Markets

Fubon Bank has been fined HK$4 million by the Hong Kong Monetary Authority (HKMA) for not following important rules on stopping money laundering and terrorist financing. The penalty is for breaking the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), a...

Dean Skurka, the head of Canada’s biggest crypto company, WonderFi, has been found safe after being kidnapped in Toronto on Wednesday. He was taken during rush hour in downtown Toronto by a group of criminals, according to reports. Skurka was...

Jerome Powell, the head of the US central bank, talked about rumors that his job could be in trouble as Donald Trump gets ready to return to power. According to reports, Powell said he would not leave if Trump asked...

The UK government has been asked to ensure financial education is a requirement in primary schools. GoHenry, a company that teaches young people about money, asked for this during an event at the House of Commons this week. Louise Hill,...

The UK government has been asked to ensure financial education is a requirement in primary schools. GoHenry, a company that teaches young people about money, asked for this during an event at the House of Commons this week. Louise Hill,...

According to a recent report, LendingMetrics, a credit risk technology group, received a big investment from LDC, a private equity investor linked to Lloyds Banking Group. The funding will help LendingMetrics grow its reach in the UK’s expanding software and...

APM Capital Markets has announced its financial report for the fiscal year ended 2023. The report was also accompanied by a report about the firm’s strategic plans for the future. According to the firm, it recorded a decline in revenue...

Blockchain startup accelerator, Cronos Labs has strengthened its collaboration with Google Cloud. According to the platform, Google Cloud will be the main cloud provider for Cronos and its ecosystem. Additionally, the collaboration will be based on four major pillars: Value...

According to experts, unregulated trading platforms may continue to exist as long as some traders are willing to trade away consumer protections for the benefits of high leverage and lower fees. The challenge, they noted, is for regulated platforms with...

Marex Group reported strong results for the third quarter, with a big jump in profits and income from trading. For the three months ending in September, Marex’s revenue rose by 32%, reaching $391.2 million, up from $296.6 million in the...

According to reports, NAGA Group AG has chosen boxing legend Mike Tyson as its new brand ambassador. This move shows another sports star joining the retail trading world. NAGA’s Chief Executive Officer, Octavian Pătrașcu, shared the news by posting about...

The Financial Commission, a group that helps traders and brokers solve problems, announced that IUX Markets has joined as a new member. By joining the commission, IUX Markets shows it wants to help customers by working with the commission to...

DeFinity Markets, a digital asset platform for fiat and crypto trades, announced it had teamed up with Fireblocks, a platform for managing digital assets. According to the announcement, this partnership aims to help DeFinity clients store and trade their assets...

According to recent election results, Donald Trump won the United States presidential election with a clear victory, sweeping both the Electoral College and the popular vote. Many takeaways from this win focus on Bitcoin and blockchain, as Trump’s campaign highlighted...

The financial company Taurex has revealed it is preparing to launch a new prop trading platform, Atmos. This move puts Taurex in line with the trend of brokers expanding into retail proprietary trading, a field that has grown quickly. Taurex’s...