Category: Forex

September 18, 2024 BY Sam Boughedda

OFX Expands Operations in Germany to Bolster European Growth

The company revealed it has established a new regional team across multiple cities to better serve its clients in the region. "This strategic initiative underscores OFX's dedication to the European market, further strengthening its presence and commitment to providing exceptional financial services to its customers in Germany and beyond," said the company in its press…

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Broadridge
September 16, 2024 BY Sam Boughedda

Broadridge Tools Now Integrated in Morningstar Advisor Workstation

The collaboration is said to aim to empower independent advisors with a more thorough suite of tools to support clients' financial goals. Broadridge explained in its press release that by integrating SBL into Advisor Workstation, advisors are able to determine clients' borrowing potential and connect them with WLN partner banks for lending needs. "The collaboration…

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eToro's crypto trading platform & wallet now available in 32 US states
September 13, 2024 BY Sam Boughedda

eToro USA to Cease Trading in Nearly All Crypto Assets

The SEC alleged that eToro operated as an unregistered broker and clearing agency by facilitating the buying and selling of certain crypto assets that were deemed securities. In response, eToro has agreed to pay a $1.5 million penalty, while it has also agreed to "cease and desist from violating the applicable federal securities laws and…

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September 12, 2024 BY Sam Boughedda

Tradu and TradingView Announce Strategic Partnership

Tradu said in a press release that the collaboration with the charting platform will provide Tradu's clients with access to TradingView's advanced charting and trading tools. The partnership will see Tradu clients have access to TradingView's vast charting library, which includes 110+ advanced drawing tools, 100+ technical indicators, and 10+ different chart types. They will…

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Cboe Global Markets
September 12, 2024 BY Sam Boughedda

Cboe Set to Launch New S&P 500 Variance Futures

The derivatives exchange said the new futures contracts, designed to hedge against and capitalise on US equity market volatility moves, aim to give investors a streamlined way to trade the spread between implied and realised volatility. They believe the futures will appeal to a wide range of market participants, such as volatility traders, hedge funds,…

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IG Group office1
September 12, 2024 BY Sam Boughedda

IG Group Revenue Rises 15% in Q1

The company revealed its revenue for the three months ended August 31 reached £278.9 million during the period, driven by higher revenue per client and elevated volatility across various asset classes. While the number of active clients declined slightly to 263,200, IG Group's revenue growth was supported by a strong performance in its OTC derivatives…

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September 11, 2024 BY Sam Boughedda

ASX Chair Damian Roche to Retire

Roche, who has been serving as Chair for several years, has been guiding the ASX through a period of significant transformation. However, he had come under heavy pressure in recent years, particularly regarding the replacement of its Chess clearing infrastructure. The process has resulted in the Australian Securities and Investment Commission suing the market operator.…

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September 11, 2024 BY Sam Boughedda

Naqdi Secures UAE SCA License, Looks to Expand Offerings

"This achievement underscores Naqdi's unwavering commitment to regulatory compliance, transparency, and offering innovative solutions tailored to the needs of the modern trader," the company said in its press release. The SCA license, one of the most stringent in the UAE, ensures that licensed entities adhere to the required standards of financial practice and governance. By…

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