XTB
February 02, 2022 BY Steffy Bogdanova

XTB sees 71% rise in Q4 net profits

Active clients growth The numbers of active clients on the platform improved significantly in the fourth quarter, as well as the year. The broker registered 42,760 new clients in Q4, 11.3% more than the same period the previous year. The active clients on the platform came at 127,174 in the Q4, 75.8% higher than the…

Read more
CFTC
February 01, 2022 BY Steffy Bogdanova

CFTC announces charges in a $9.8 million commodity futures and options fraud case

Details of the fraud The US regulator alleges that defendants misappropriated funds from the pool participants and used them to pay personal expenses and to trade commodity futures and options in personal trading accounts. The trading was unprofitable and resulted the pool participants ended up losing money. However, the defendants falsely informed them their investments…

Read more
February 01, 2022 BY Steffy Bogdanova

Paysafe finalises acquisition of SafetyPay

With its acquisition, Paysafe gains further access in the fast-growing Latin American eCommerce market, where merchants and consumers have growing interest in using use eCash solutions to transact online. With SafetyPay’s network of bank relationships in Latin America, Paysafe is positioned to take part in the open banking market through integrating further its services and…

Read more
Nomura
February 01, 2022 BY Steffy Bogdanova

Nomura reports 13% fall in Q3 net revenue

Growth Investment Banking, however, registered yearly increase during the third quarter attributed to the growth in capital light businesses such as advisory and origination. Kentaro Okuda added: Investment Banking had its best quarter since the year ended March 2017 when comparisons became possible, driven by cross-border M&A deals, sustainable finance mandates and synergies with Nomura…

Read more
February 01, 2022 BY Steffy Bogdanova

Weekly data: BoE and NFP ahead

The 100% weekly Fibonacci retracement, i.e. full retracement of losses in Q1 2020, is the main technical reference here and still a very strong support. A clear break below this would probably need a new catalyst from the RBA on Tuesday or Thursday morning’s balance of trade. Usually, a single NFP is unlikely to have…

Read more
February 01, 2022 BY Steffy Bogdanova

Dukascopy releases trading platform JForex4

Among some of the visual changes, there are also some important features available on the new platform such as JCloud integration, chart replay mode, order management on breaks, position reverse / double, new order types, economic events on charts, price alerts and built-in instruments specification. The multi asset trading platform covers FX, precious metals, CFDs…

Read more
Deutsche Börse
January 31, 2022 BY Steffy Bogdanova

Deutsche Börse sees rise in demand for crypto products in 2021

ESG ETFs were the most popular categories in Europe at €33.6 billion in turnover, climbing 176% YoY. Xetra remained the largest exchange venue for ESG ETFs in terms of trading turnover and number of listed ETFs. Stephan Kraus, head of Deutsche Börse's ETF segment, said: Continued strong growth in our ESG segment reaffirms how mission-critical…

Read more
January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

Read more