Markets

Lloyds Banking Group has announced it will close many branches in the United Kingdom. The company said it will shut nearly 300 branches, adding that 55 more will close next year. Lloyds stated that by the end of next year,...

AscendX Capital announced that it has now changed its name to QuantTekel. The company said the name change is official, and all the changes necessary for the new brand has begun. QuantTekel stated that it’s happy with the swift movement...

Bybit, one of the biggest cryptocurrency exchanges in the world, has been given a provisional license by a Dubai regulator. This is coming two years after Bybit set up its head office in the Middle Eastern city. Getting this license...

A Large Language Model ranking developed by Climate X and Climate Proof recently revealed that only seven out of the top 50 global banks have implemented appropriate measures to climate-proof their operations and those of the businesses they finance. According...

A new report by Spectrum Markets revealed a major increase in after-hours trading activity during August 2024, which allowed it to reach the highest level since November 2022. The report says that the pan-European trading venue for securitized derivatives recorded...

The UK’s banks have been conducting experiments involving the Regulated Liability Network (RLN) with the goal of identifying potential benefits for the financial markets. Now, the banks revealed that the experimentation phase is complete, with a number of discovered advantages....

Unioverse, a Galactic sci-fi game and game creation platform, recently announced the launch of its public token sale. According to the project, the token generation event will take place today, September 16, and it will give the community a chance...

Citigroup recently decided to strip its chief operating officer (COO) Anand Selva of his responsibility for data compliance, following a massive $136 million fine that the bank got hit with for failing to address long-standing deficiencies in data governance and...

TopFX has appointed Kyriakos Karamanis as its new Director of Business Development. The Seychelles-based CFD broker, known for offering trading in a variety of financial instruments, made the move as part of its ongoing strategy for growth. Karamanis' new role...

According to two new reports by Investment Trends, the number of French FX and CFD traders has dropped below 30,000, marking the lowest level in four years. However, despite this decline, the French online trading and listed derivatives markets are...

Playtech plc has shared that it expects its adjusted EBITDA for 2024 to exceed what people are currently predicting. This is thanks to strong results in its B2B division in the first six months of the year. The company has...

Dong Nguyen, the famous creator of the hit game Flappy Bird, went down in history when he announced that he would delete the game entirely because the game’s popularity and the pressure were too much. At the time, the game...

The Foreign Exchange Professionals Association (FXPA), the regulatory body overseeing the forex space, recently issued a white paper in which it urged policymakers to address certain irregulatities in the FX space. According to the paper, there are major regulatory disparities...

MoonPay, a global crypto company that offers services in the UK, Ireland, Italy, and Canada, has now managed to expand to yet another new market — Australia. The company recently registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC),...

Gold Fund Trader, which operates as GFund Technologies in the UAE, has announced that it is closing permanently. The company said in an X post that it faced many major challenges since launching just five months ago. The firm revealed...