Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
Revolut Launches in Brazil The UK-headquartered fintech giant, Revolut has entered the Latin American markets by launching its service in Brazil. The company onboarded Glauber Mota from BTG Pactual to lead the rollout in Brazil. “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use […]
Trading activities in spot foreign exchange among institutional investors weakened last month across regions, data from Cboe FX, Deutsche Börse’s 360T, FXSpotStream and Click 365, shows. The decline comes after major trading venues reported stronger output earlier in March. In January, the institutional spot FX demand recovered from the holiday lows in December only to retreat in February. By March, […]
Brokeree Solutions, a trading technology provider, has enhanced its social trading solution by launching a mobile application for the service. As detailed to Finance Magnates, the mobile application will have all the features of the desktop version. Brokeree Solutions Enhances Social Trading Experience “With the Social Trading Mobile app, brokers may offer their clients a new level of interaction, allowing […]
The Australian Securities & Investments Commission (ASIC) issued a notice on Wednesday, calling out investment product issuers and ordering them to ‘lift their game’ around design and distribution obligations (DDO). ASIC Finds Lapses in Financial Products’ DDO It came as the Aussie regulator found target market deficiencies in the offerings of several investment product issuers. The regulator highlighted that it […]
UK Regulator Raises Alarm on Clone of LCGOn Wednesday, the Financial Conduct Authority (FCA) warned investors against a clone of London Capital Group (LCG), an authorized spread betting and CFD trading provider. The British watchdog said the clone has been contacting British citizens, pretending to have requisite permission. According to the FCA, the scam platform operates the websites: www.cintra.group/, www.londoncapitalgroup.pro […]
Massachusetts’ securities watchdog will appeal against a ruling delivered last year in favour of Robinhood following its enforcement action against the online brokerage in December 2020. Massachusetts Secretary of State, Bill Galvin, and Robinhood will argue the validity of the regulator’s fiduciary duty rule at the Supreme Judicial Court of Massachusetts, Reuters reported on Wednesday.Regulator Appeals Case at Supreme CourtGalvin […]
Saxo Bank released its trading metrics for April on Wednesday, reporting its lowest monthly forex volume since December 2021 when it posted $95.7 billion. The total forex volume of the Copenhagen-based retail FX and CFDs brokerage slumped 34%to $102.8 billion, which is down from $155.6 billion in March 2023. In addition, the average daily volume of forex traded on the […]
Spot foreign exchange on the Moscow Exchange (MOEX), Russia’s largest exchange group, declined 10% month-over-month (MoM) in April to RUB 7.6 trillion ($96 billion). This tallies with drops in spot FX volumes across major trading venues in other regions. However, compared year-over-year, the exchange’s spot FX trading grew 8.1%, with swaps and forwards volumes reaching RUB 14.3 trillion ($180.5 billion). […]
The gold price jumped toward record highs today as the market deciphers the implications of the Fed rate decision, lower Treasury yields and a soft US Dollar. Where to for XAU/USD? Read More
The US Dollar descended again today after the market perceived the Fed to have delivered a dovish hike in rates. Crude went into a tailspin while gold found new legs. Will USD break lower? Read More