Markets

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,...

Cryptocurrency exchange BingX has added Google Pay and Apple Pay to its platform. This move allows BingX users to buy cryptocurrency, making use of 30 various currencies and two different payment methods. With the aid of encryption techniques, Bingx promises...

According to reports, Russia has now made it legal to mine Cryptocurrency. This is a major change in how the country deals with digital assets. President Vladimir Putin signed a new law that sets clear rules for mining cryptocurrency and...

A US court has ordered FTX, the bankrupt cryptocurrency exchange, to give $12.7 billion in relief to its customers. The Commodity Futures Trading Commission (CFTC) shared the decision earlier this week. The decision followed FTX’s breakdown in late 2022, which...

The decision to send Kwon Do-hyung, also called Do Kwon, from Montenegro to South Korea has been delayed again. The Supreme Court in Montenegro decided this yesterday. The court will check if South Korea’s request to send him back is...

Marcus Fetherston has been chosen as the new General Manager at Blueberry Funded, a trading company run by Blueberry Markets. The recent director and Chief Product Officer at PropTradeTech, Fetherston has held several official positions before becoming a part of...

ClearBank, a company that offers real-time clearing and embedded banking services, has revealed its expansion into Europe. This decision is intended to address client demand for Euro settlements and Euro accounts. ClearBank Europe N.V. has received a Credit Institution Licence...

Piper Sandler, an investment banking company, recently agreed to pay $16 million in civil penalties. The fine is part of the firm’s settlement with the US regulators who investigated its record-keeping practices. The settlement was announced yesterday, August 6, and...