Markets

MarketAxess has announced a positive trading result for August 2024. The company said it saw a favorable market environment that boosted both rate trading and credit levels. The firm saw a 39.6% surge in total average daily volume (ADV), which...

Global derivatives market, CME Group will be launching options on Bloomberg’s commodity Index, according to an announcement by the firm. The options are scheduled to go live on September 23, although it needs to pass regulatory review. In line with...

MarketAxess revealed that its trading activity increased massively in August. This increase was due to a positive market environment which raised rate and credit trading volumes.  The online trading platform reported a 39.6% surge in total average daily volume (ADV),...

Reviews-focused platform, Trustpilot has taken down the ‘Trustscore’ of cryptocurrency exchange, Binance. The platform alleges that Binance has several fake reviews about the company. Trustpilot says it has already taken down the fake reviews. The review site also noted that...

Fiserv’s AppMarket has integrated with PortX Fintech Hub to help banks easily integrate financial technology solutions into their systems. The partnership, according to the announcement, will speed up the time to market for firms. It will offer a streamlined and...

A new foreign exchange electronic trading platform, BlueX, has officially revealed its first trades in a live broadcast. The launch took place after the Jersey Financial Services Commission gave a license to the platform. Designed by BlueCrest Capital Management, BlueX...

Global online broker FXGT.com has launched its Optimus account. According to the broker, the account is designed for enthusiastic traders looking for exceptional control, efficiency, and flexibility. FXGT stated that the launch of the new account is a reflection of...

Capital Index, an online forex and CFD trading company in London, has revealed its financial report for last year. According to the report, Capital Index’s revenue decreased notably. The company said it recorded more losses during the period. Its revenue...

IC Markets is in trouble again after the Cyprus Securities and Exchange Commission (CySEC) slammed a €50,000 fine on the firm for violations. CySEC decided on the fine following a meeting by the board on July 1st, 2024. CySEC Says...

Tarabut, an Open Banking service from the MENA region, has bought Vyne, a London platform for account-to-account transactions used by online businesses. The company took this step to follow up with the new payment and Open Finance regulations in Saudi...

Broadridge has announced the appointment of Brian Pomraning as the company’s Chief Product Officer for Trading and Connectivity. He will be spearheading the product management organization, including the connectivity and trading of products and services. Brian is coming into the...

Appital, a fintech firm that focuses on peer-to-peer price discovery and liquidity for asset managers, recently revealed that it is expanding its European equity coverage by partnering with Virtu Financial. This partnership introduces Virtu's POSIT MTF as an execution venue,...

XTB MENA has announced that it has teamed up with the UAE Boxing Federation to assist the UAE National Boxing team, events, and coaches. XTB also got a sponsorship agreement with the Polish youth economists' team competing in the Economics...

Nexo, known for its crypto lending products, has announced its restarting new client registrations in the UK today. The platform updated its system to comply with all FCA guidelines before reopening. Additionally, Nexo has teamed up with Gateway 21 to...

Three men who were charged with operating a One-Time-Passcode (OTP) scam in the UK have pleaded guilty to the crime. Reports revealed that they were operating subscription-based sites where they reap unsuspecting victims a fraudulent way of collecting information. The...