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Tag: Blockchain

Forex Trading News 0

News Nuggets | 2 May: Revolut in Brazil; WeChat’s Digital Yuan Expansion

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 […]

Forex Trading News 0

News Nuggets | 3 May: BlackBull Adds DXtrade; Gate.io’s New License

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 […]

Forex Trading News 0

Institutional Crypto Needs Greater Trust. Prime Brokers Can Help

Bitcoin price may have recovered from the collapse of the FTX crisis, but its fallout continues to reverberate across the crypto industry. As participants seek ways to regain the institutional trust that the current crisis has created, and avoid the next one, one of the theories being advanced is the potential for prime brokers to develop and maintain credit relationships. […]

Forex Trading News 0

News Nuggets | 4 May: FCA on Whistleblower; Equinix’s Q1 Results

HFM Hires Markets.com’s Yaqub Tale as Country Head in KenyaHFM, a retail forex and CFDs brokerage that recently rebranded from HotForex, has appointed Yaqub Tale as its Head of Country in Kenya. Tale until the appointment was a Regional Business Consultant for East Africa at online trading provider, Markets.com, for nearly two years.Tale, who brings about five years of trading […]

Forex Trading News 0

BGC Partners Sees Marginal Increase in FX Revenue in Q1

BGC Partners, a major financial technology and brokerage firm, released its first quarter 2023 metrics on Wednesday, reporting a marginal increase in its consolidated revenue from forex trading. The revenue rose 0.2% to $80.2 million (or 1% in constant currency), compared to the first quarter of 2022. FX Generates Smallest Revenue GrowthThe revenue boost was the least among all asset […]

Blockchain and Cryptocurrency News 0

Admirals Strengthens African Presence with New Offices in Nigeria

Admirals, an Estonia-based retail FX and CFDs broker, has expanded its presence in Africa with the opening of new offices in Lagos, Nigeria. The firm announced the development on Monday, noting that it decided to establish its physical presence in the West African country after it received “significant traction from traders in Nigeria.”Admirals Expands Presence in AfricaThe launch comes months […]

Forex Trading News 0

Tastytrade, LiteFinance Launch New Features

Retail FX and CFDs brokers, Tastytrade and LiteFinance on Monday separately disclosed new updates about their brokerage business. While the former launched an application programming interface (API), the latter released a ‘new and improved’ version of its mobile trading application for iOS devices.Tastytrade Introduces ‘tastytrade-API’Tastytrade explained that the new interface tagged ‘tastytrade-API’ offers its users the ability to “build software […]

Forex Trading News 0

Nigeria’s SEC Blacklists Six Online Trading Platforms

Nigeria’s securities regulator has flagged down six online trading platforms for operating in the country without authorization. The Securities and Exchange Commission (SEC) listed the platforms in a recent statement published on its website.According to the watchdog, the platforms are Prime Invest (https://webtrader.pinvest.cc/), FXBoxed (https://account.fxboxed.com/) and New Finance LLC and New FX Limited (https://www.newfx.us). The other three platforms are Axi24 […]

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