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Tag: Forex news

Forex Trading News 0

Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History

Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]

Forex Trading News 0

South African CEO to Pay $3.4 Billion for Forex Fraud

A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity pool fraud, to pay a total of $3.4 billion. The amount comprises $1.7 billion in restitution payment to investors defrauded of about 30,000 Bitcoin (BTC) and another $1.7 billion in civil monetary penalty.Court Awards Record Penalty […]

Forex Trading News 0

CySEC Withdraws CIF License of FX/CFDs Broker, Trilt

In the latest case of license withdrawal in Cyprus, forex and CFDs brokerage firm, Trilt, has “expressly renounced” its license, causing the Cyprus Securities and Exchange Commission (CySEC) to withdraw its Cyprus Investment Firm (CIF) authorization. The Cypriot watchdog announced the withdrawal on Friday, noting that it reached the decision earlier on March 20th.Trilt Jumps on License Withdrawal Train Trilt […]

Forex Trading News 0

CySEC Withdraws CIF License of FX/CFDs Broker, Trilt

In the latest case of license withdrawal in Cyprus, forex and CFDs brokerage firm, Trilt, has “expressly renounced” its license, causing the Cyprus Securities and Exchange Commission (CySEC) to withdraw its Cyprus Investment Firm (CIF) authorization. The Cypriot watchdog announced the withdrawal on Friday, noting that it reached the decision earlier on March 20th.Trilt Jumps on License Withdrawal Train Trilt […]

Forex Trading News 0

TP ICAP and Liquidnet to Increase Block Liquidity in European SMEs

Liquidnet, a technology-driven agency execution specialist, announced on Wednesday that it has partnered with a brokerage company, TP ICAP Midcap, which specializes in the European Small and Mid-Caps (SMEs) sector. Due to the newest partnership, both companies want to boost the block liquidity opportunities for local SMEs using their client network, broad expertise, and technology.TP ICAP Midcap and Liquidnet Join […]

Forex Trading News 0

Japan’s Monex Group Sees 474% Income Uptick in Q4

Japan’s Monex Group published its final results for the fiscal year of 2023, reporting a decrease in revenue and profitability in annual figures. In the last three months of the fiscal year, the financial services conglomerate brought in a pre-tax income of JPY 2.2 billion, which is an uptick of 474 percent. Monex’s Quarterly Numbers Increased According to the official […]

Forex Trading News 0

Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History

Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]

Forex Trading News 0

South African CEO to Pay $3.4 Billion for Forex Fraud

A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity pool fraud, to pay a total of $3.4 billion. The amount comprises $1.7 billion in restitution payment to investors defrauded of about 30,000 Bitcoin (BTC) and another $1.7 billion in civil monetary penalty.Court Awards Record Penalty […]

Forex Trading News 0

CySEC Withdraws CIF License of FX/CFDs Broker, Trilt

In the latest case of license withdrawal in Cyprus, forex and CFDs brokerage firm, Trilt, has “expressly renounced” its license, causing the Cyprus Securities and Exchange Commission (CySEC) to withdraw its Cyprus Investment Firm (CIF) authorization. The Cypriot watchdog announced the withdrawal on Friday, noting that it reached the decision earlier on March 20th.Trilt Jumps on License Withdrawal Train Trilt […]

Forex Trading News 0

Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History

Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]

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