Markets

Japan’s Monex Group has bought a 20% share in Westfield Capital Management, a company based in Boston. According to the Japanese firm, this move will help it grow stronger in the US asset management area. The deal fits perfectly with...

JPMorgan Chase’s top cybersecurity official has raised concerns that the growing use of Software as a Service (SaaS) is helping cyber attackers and putting the global economy at risk. The company’s Chief Information Security Officer, Patrick Opet, wrote an open...

Tradeweb Markets Inc. reported strong growth in the first quarter, supported by higher market activity and increased adoption of electronic trading platforms. The company shared updates on trading volume, revenue, and business expansion. Tradeweb said its average daily volume rose...

The UK's Treasury Committee is considering the introduction of a regulation that will force shops to start accepting cash in the future. The committee co,pleined that the declining cash acceptance level could result to a two-tier society, which will be...

Staking service Figment and crypto custody firm Taurus are collaborating to bring crypto staking into major TradFi banks. The partnership will enable banks to easily stake Solana, Ethereum, and other major cryptocurrencies. With the partnership, banks that hold Solana, Ethereum,...

DailyPay has brought its early pay service to Canada. The company said workers in Canada can now take some of their earned funds before the usual payday. This will help workers meet their needs and also help companies keep workers...

Finastra, a global company known for its financial services software, has introduced a new tool to help banks switch from the old Swift MT messaging format to the newer ISO 20022 MX standard. This change is important because Swift, the...

State Street Corporation, a prime brokerage and financial infrastructure firm, has appointed veteran finance executive John F. Woods as its next Chief Financial Officer. Woods brings nearly four decades of experience in financial leadership to the firm, one of the...

Interactive Brokers Group, a leading global brokerage firm, shared its latest monthly performance highlights, reflecting strong trading activity and growing client participation. The update for April also showed continued expansion of its services and global reach. The company reported 3.818...

A new report from LMAX Group has shown how the crypto and foreign exchange (FX) markets react within milliseconds to world events. The report, called Millisecond Reactions to Market Shocks, looked at how both markets respond to major updates such...

Funded Trader Markets (FTM), a retail prop trading firm based in Cyprus, has expanded its crypto offering by adding more than 30 new digital asset pairs. With this update, FTM now gives users access to over 40 crypto assets across...

The UK Financial Conduct Authority (FCA) has urged lawmakers to create tougher rules for tech companies and social media marketers who promote illegal financial products. A lot of these adverts are linked to forex trading and are usually shared by...

The 159 phone service, launched 3 years ago, has now received over one million calls from users who suspected they were being targeted by scammers. The service offers a quick way to connect with banks and stop fraud before it...

The London Stock Exchange Group (LSEG) has reported a sharp rise in foreign exchange (FX) trading activity in the first three months of this year. The company said it recorded its highest-ever average daily FX volumes across January, February, and...

Robinhood’s earnings from cryptocurrencies dropped in early 2025. In the first quarter, the company made $252 million from crypto, which is 30% less than the last quarter. Still, this was double what it made in the same period last year....