As of December, Klarna had 150 million consumers and 500,000 retail partners worldwide. The existing partnership between the two companies supported interest-free Pay Now and Pay Later options for Adyen customers. Focusing on a new strategy, this refreshed agreement establishes Adyen as an acquiring bank on behalf of Klarna. It will come into effect in…
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This membership with the FIA, established in 1955, is a strategic step for Plus500. The FIA advocates for the futures, options, and derivatives markets and includes various members such as futures commission merchants, principal traders, clearing firms, exchanges, and trading firms. Plus500's membership aligns them with other significant market players in these fields. David Zruia,…
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The growing confidence in the forex market was edged on by bond traders on Sunday as the Fed hit the peak of its rate-hiking cycle. After extending their rally Friday, treasuries steadied in Asian trading on Monday after Powell noted that policy was far into restrictive territory. The global company ING Economics also forecasted a…
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Adding to this, the company received a special license to produce and supply on an OEM basis (original equipment manufacturer) throughout Singapore and South-East Asia. The company also recently sealed a distribution deal with 8G Solutions, which will transport ClearVue’s specialised Solar Vision Glass across the US’s southern states – Kansas, Missouri, Arizona and Colorado.…
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Worldline CEO Lee Jones stated he is “proud” that the financial services company, which is based in France and founded 50 years ago, has been awarded the license. The company now wants to expand its presence in the UK at a time when many others have struggled to adapt to the complexity of regulations following…
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Additionally, Barclays is considering streamlining its investment division, which might result in the departure of thousands of investment banking clients who have relatively low capital. The move towards cost savings and restructuring is driven by Barclays' desire to boost revenue and significantly reduce costs. This decision comes after reports of declining investor confidence in the…
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Nasdaq’s new contractual options are based on the exchange-traded products of the United States Oil Fund, SPDR Gold Shares, iShares 20+ year Treasure Bond ETF (TLT), United States Natural Gas Fund and iShares Silver Trust. The short-term options market is well built for stock index products, and, while it has historically been the case that…
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The company's impressive financial results underscore its commitment to providing innovative solutions to its growing customer base. In the latest financial highlights, UP Fintech witnessed a remarkable 26.6% year-over-year increase in total revenues, reaching an impressive $70.1 million. Meanwhile, net revenues also experienced notable growth, rising by 13.5% to $58.0 million. The standout achievement, however,…
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Complementing its existing range of commodity CFDs, clients trading with FP Markets can now trade and invest in several new and exciting commodities. This includes spot gold (XAU) versus several widely traded currencies, such as the British pound (GBP), the Singapore dollar (SGD) and the Chinese Renminbi (CNH), as well as other popular hard commodities…
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It took almost 300 days to form the coalition of Mark Rutte, the previous prime minister, and this shock win is raising eyebrows as Wilders’s party believes in leaving the European Union (EU), tightening immigration laws, and higher taxes for banks. Many feel this will alter the collaborative image associated with the Netherlands. In the…
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