ATFX adds a new payment solution - Truevo Credit Card
October 13, 2020 BY Steffy Bogdanova

ATFX adds a new payment solution - Truevo Credit Card

ATFX clients in the eurozone can use their Truevo credit cards to fund their accounts and withdraw their trading profits. In the past, retail traders have found it difficult to trade the financial markets due to funding challenges as they were expensive and time-consuming. The FCA regulated ATFX wants to transform the retail brokerage industry…

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Acquisition
October 12, 2020 BY Steffy Bogdanova

TP ICAP agrees to buy Liquidnet in $575m deal

TP ICAP CEO, Nicolas Breteau commented: Acquiring Liquidnet is a unique opportunity to transform TP ICAP’s growth prospects by materially accelerating the execution of our electronification, aggregation, and diversification strategy. Liquidnet is a cash Equities dark/block trading global specialist, with a growing Fixed Income presence. The trading venue provides its buyside clients who exceed 1,000…

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daily market analysis
October 12, 2020 BY Steffy Bogdanova

Daily market commentary: The Dollar Index remains flat

GOLD Gold is consolidating after Friday afternoon’s sharp rally with investors waiting for new market movers. Although this could be a crucial week for Brexit, this doesn’t seem to be an important issue for bullion with news from central banks and US politics much more likely to trigger movements. We are in a wait and…

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CFTC
October 12, 2020 BY Steffy Bogdanova

Black Diamond Forex LP, BDF Trading LP and Advanta FX operator to pay over $1.2 million penalty

The US watchdog found that between January 2017 and March 2018 Salerno and his Pennsylvania-based companies solicited individuals on websites such as LinkedIn and Indeed.com and their own websites to become forex traders. The defendants required prospective traders to pay risk deposits and falsely promised to match it with some multiple of company funds in…

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