Markets

Admirals Group AS reported that during the first part of 2024, it saw a rise in trading revenue and a positive profit, despite the calm market. Its trading income increased by 4% to EUR 22.0 million, compared to EUR 21.1...

UAE-based fintech firm, Yuze, has announced the successful completion of a $30 million funding round. The investment round was led by Olsen Investments with participation from several venture capital firms. The company wants to use the additional funds to expand...

Bybit is the second biggest cryptocurrency exchange in the world in terms of trading volume. The platform has shared that it has put in place a full plan for adding and removing coins. This plan is made to keep users...

Sergei Gruzin posted on LinkedIn that he has started a new position as Finstek’s Chief Commercial Officer. Finstek is a technology company that provides flexible tools for the financial sector. The company provides MT4/MT5 Bridging, MT4/MT5 White Label services, aggregation,...

The Financial Conduct Authority (FCA) has issued warnings concerning scammers pretending to be XTB Limited, a UK-licensed broker and part of the fintech company XTB. These scammers might use the company’s address and a website that looks very similar to...

ZERO Markets has revealed that it has collaborated with the Premier League team Wolverhampton Wanderers, also called Wolves. This partnership is supported by the sports marketing group SportQuake, and it is the first time ZERO Markets is sponsoring a top...

The Turkish Capital Markets Board reported that 47 cryptocurrency businesses have requested licenses following new rules put in place earlier this year. Turkey is now seeing an increase in cryptocurrency companies looking to establish themselves in the country. Renowned companies...

IG Group Holdings has declared the launch of a program to repurchase shares worth £75 million. This represents the initial segment of the previously announced £150 million buyback plan. The company is moving forward with this first part of its...

Paysafe has announced its financial results for Q2 2024. The company stated that its revenue grew by 9% to $439.9 million compared to the same period last year. Paysafe noted that it has also updated its growth projections for the...

After two months of decline, US retail Forex deposits have surged, reaching their highest point in over a year. Despite the typically quiet summer period, the currency markets have remained volatile, prompting traders to commit more funds to daily trades....

Pepperstone has given Simona Wilkinson a new job title. Simona shared the news about her job change on LinkedIn. She has become the Head of Strategic Operations at Pepperstone. She said after having an amazing time working in HR, she...

William Mead recently announced on LinkedIn that he has started a new position as Head of Operations at IG Group. Mead had previously worked at IG Group in several roles. From October 2019 to August 2024, he was the Head...

Scope Markets has announced that it wants to change its name and logo. Michael Ayres, the Chief Executive Officer of Rostro Group, which owns Scope, gave his opinion about the rebranding. He stated that the firm aims to match its...

A week after launching a new trading platform and important updates, Karma, a prop firm, suddenly stopped its operations. The founder, Eshan Balapatabendi, said he "meant well" but faced "problems" that made his business "unable to continue." Karma's rise and...

Trezor, famous for its hardware crypto wallets, is celebrating 10 years of the Trezor Model One, its first product. To celebrate, Trezor is giving away three special metallic Trezor Model One devices. Individuals can join by following Trezor on X,...