Forex Weekly Look Back: Sucden Financial launches its TY3 matching engine, Soc Gen goes live on FXSpotStream LeapRate

July 31, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Sucden Financial launches its TY3 matching engine, Soc Gen goes live on FXSpotStream

Global broker CAPEX.com, operated by Key Way Markets Ltd, announced receiving a retail license from the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This will enable CAPEX.com to expand its value proposition across the Middle East while providing regional investors with an online trading platform underpinned by a customer-centered and education-oriented approach.…

July 27, 2020 BY Steffy Bogdanova

Visa and Mastercard support the use of cryptocurrencies in the financial services industry

Mastercard has also supported blockchain technology and cryptocurrency through its new programme aiming to increase its partner base for crypto payment cards. Visa and Mastercard were both initially partners of the cryptocurrency project of Facebook, Libra. They both pulled away from it but have not stopped supporting the use cryptocurrencies. In the end of May,…

July 07, 2020 BY Steffy Bogdanova

Crypto Facilities secures MTF license in the UK

Jesse Powell, CEO and Cofounder of Kraken said: We undergo these licensing efforts because Kraken is about making crypto accessible for everyone. This particular license means that a sophisticated class of investors, limited by their own requirements to interface with a regulated venue such as an MTF, will now have access to crypto derivatives in…

July 03, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: FXSpotStream reports third highest ADV month ever, BDSwiss secures FSA Seychelles license

The UK Financial Conduct Authority suspended Wirecard’s UK subsidiary and left thousands of people in the UK unable to access their money. The UK regulator froze Wirecard Card Solutions’ UK lincense to protect the company's clients following the German-based parent company Wirecard AG filing for insolvency on Thursday last week after accounting firm Ernst & Young…

June 10, 2020 BY Valentina Kirilova

Daily Market News: Morgan Stanley CEO upbeat as market awaits Fed announcement

Sharp pullback for UK stocks in face of new data The FTSE 100 and FTSE 250 sank sharply yesterday, with both indices losing 2.1% apiece, leaving London-listed stocks stuck in correction territory while US shares are creeping past the breakeven point year-to-date. Investors had multiple data points to digest, including information from the British Retail…

June 09, 2020 BY Valentina Kirilova

Daily Market News: S&P 500 turns positive year-to-date, but that’s not the whole story

What to watch Chewy: Online pet food and supply retailer Chewy has been a natural beneficiary of the coronavirus pandemic, as large numbers of people have chosen to adopt dogs and other pets during this period. At the same time, many haven’t been able to go shopping physically. The company reports its latest set of…

June 01, 2020 BY Steffy Bogdanova

Swissquote defends cryptocurrency against Goldman Sachs

Swissquote agrees with Goldman Sachs that crypto has been used in Ponzi schemes, money laundering and other dark market functions but fiat currencies can also be used for illicit activities. Chris Thomas commented: Banks and enterprises like Swissquote Bank operate to strict AML regulatory levels in both fiat and crypto worlds to prevent such illicit…

May 22, 2020 BY Valentina Kirilova

Daily Market News: Hong Kong security law plans send stocks plunging

Pinduoduo: Pinduoduo is another Chinese e-commerce firm with a Nasdaq listing, that has enjoyed a huge share price rally in 2020 so far — jumping by more than 50%. The company reports its Q1 earnings results on Friday morning New York time, after being downgraded from a buy rating to neutral by a Bank of…

Bequant announces crypto prime brokerage for institutional clients

May 15, 2020 BY Steffy Bogdanova

Bequant launches crypto prime brokerage for institutional investors

Gibraltar-based crypto exchange Huobi offers their own brokerage services as an additional service for institutional clients, although finding companies that offer full range of prime brokerage tools is rare. Headquartered in London, Bequant offers its clients access to spot trading at exchanges and OTC desks. Zarya has said that the firm plans to offer derivative…

May 12, 2020 BY Valentina Kirilova

Daily Market News: New Wuhan cases prompt fears of second wave

UK stocks flat after lockdown guideline confusion Both large cap and mid cap London-listed stocks posted a near flat day on Monday, after a confusing day in which the Prime Minister was forced to put out a substantial clarification about the advice he provided on the lifting of lockdown measures over the weekend. His statement…

Tag: Crypto