Lennix Lai, the head of financial markets at OKEx commented: This is hugely beneficial to traders carrying out cross-exchange arbitrage, as they need to settle their profit in real-time across exchanges. It will also enhance capital management across the OKEx platform. We will start with the ADAUSD market as a trial and gradually launch other…
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The broker will make the new offerings available through its MetaTrader 4. The maximum leverage for stocks will be 10x and 20x for commodity stocks. The new addition to Rakuten Securities’ offering follows the addition of 41 new stocks in October, including brands like American Well Corp and Yalla Group Ltd. The company stated: Going…
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Since July 2020, Qin and Virgil Capital have told investors who requested redemptions from the Sigma Fund, that their interests would be transferred to VQR Multistrategy Fund LP, another fund under the control of Qin but with separate management and operations. The regulator’s complaint alleges that no funds were transferred and the redemption requests remain…
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Adel Jibrin commented: I am delighted to be part of the Accuindex team. The firm is quickly building a solid reputation in the industry and I’m pleased to be part of this success story. Now more than ever, traders need a reliable, secure, and transparent trading environment. I am pleased to be part of an…
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The IDA Ireland, a government agency that promotes Ireland for the opportunities it presents to international companies, has provided valuable assistance to the company in establishing its Irish office. Founded more than 43 years ago, the company has into a securities firms with over $8.9 billion in equity capital, $25 billion market capital, and $284…
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The regulator also found that Fulbright failed to report these incidents to the SFC immediately upon discovering them. In deciding the disciplinary sanction, the SFC took into account that adequate and effective internal control systems are fundamental to the fitness and properness of a licensed corporation and that Fulbright’s short selling failures lasted for at…
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The consent order finds that between April 2017 and February 2019, Pyatt accepted $276,850 from pool participants to trade commodity futures and forex. The US watchdog also discovered that Pyatt misappropriated most of pool participants’ funds for business expenses and personal use, and to make Ponzi-like payments to other pool participants, while using only a…
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EUROPEAN SHARES European stocks edged slightly higher on Wednesday, boosted by easing UK-EU tensions, with transaction volumes falling as we get closer to the end of the year. Investors continue to drive stocks higher, aiming to offset and fill the bearish gap left open at the beginning of the week, while market sentiment has received…
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ActivTrades’ London office, located near Tower Bridge, will remain the company’s headquarters and will continue to serve British and international clients alongside the brokerage’s base in Nassau, Bahamas. The Luxembourg office will become the new European reference point and be supported by ActivTrades’ offices in Milan and Sofia. The Luxembourg licence caps a great 2020…
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Richard Byworth, CEO of Diginex commented: Borrowing and Lending provides yield to this asset class and a necessary hedge for derivative and volatility traders as we continue to expedite the growth of crypto derivatives. We look forward to completing the integration of this institutional grade technology. Thе announcement for new borrowing and lending capabilities follows…
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