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Tag: Forex news

Forex Trading News 0

WFE: Global Stock Market Lost $25 Trillion in 2022

<p>The market capitalization of the global stock market declined by 20% in 2022, wiping off about $25 trillion from the market, the World Federation of Exchanges disclosed in its latest report released on Friday. The value of the market also decreased by 10% last year, the report noted. </p><p>Both declines contradict the positive momentum gained two years earlier, WFE, a […]

Forex Trading News 0

Pepperstone Enters Aussie Football with Geelong Cats Sponsorship

<p>Aussie retail broker, Pepperstone expanded its presence in the sports field with the latest partnership with Geelong Cats, a popular Australian football team playing in the country’s top league. </p><p>Pepperstone Inks Deal with Geelong Cats </p><p>With the <a href=”https://www.financemagnates.com/tag/sports-sponsorship/” target=”_blank” rel=”follow”>sponsorship deal</a>, Pepperstone has become the Official Online Trading Partner of the Geelong Cats. A Melbourne-based agency, Bastion, brokered the […]

Forex Trading News 0

FX/CFDs Broker OGM Ends FY22 with Profits despite Revenue Dip

<p>One Global Market Limited (OGM), which acts as an agency broker for customers <a href=”https://www.financemagnates.com/institutional-forex/parameta-solutions-taps-numerix-to-bring-accuracy-to-otc-derivatives-data/” target=”_blank” rel=”follow”>trading OTC instruments</a>, closed the fiscal ending on 30 September 2022 with about a 15.5 percent decline in revenue that came in at £252,667. However, the company ended the year with a pre-tax profit of £32,881 compared to a loss of £175,290 in the […]

Forex Trading News 0

OANDA Moves European Operations Base to Poland

<p>OANDA Global Corporation announced the launch of its European operations from Poland under the supervisory of the KNF, the Polish Financial Supervision Authority (PFSA). </p><p> OANDA Launches Services from Poland </p><p> The broker now offers services in the European Union with OANDA TMS Brokers SA, which has a registered office in Warsaw. The establishment of the new European base came […]

Forex Trading News 0

Robinhood Clients Report Difficulty Cashing Out Profits from Trades against SVB

<p>More than two years after Robinhood, one of the most popular trading service providers for retail clients, banned ‘meme stocks’ trading in the midst of a speculative frenzy, the company has once again found itself under retail investors’ criticism. This time, traders are complaining about the alleged inability to realize profits from their bets placed against the collapsed Silicon Valley […]

Blockchain and Cryptocurrency News 0

Bank Failures Leave US Crypto Businesses in the Cold

<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]

Blockchain and Cryptocurrency News 0

Bank Failures Leave US Crypto Businesses in the Cold

<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]

Forex Trading News 0

Swissquote Sees 19% Net Profit Decline in 2022, Bullish with 2023 Outlook

<p>Swissquote published its annual results for 2022, reporting net revenue of CHF 408 million and a pre-tax profit of CHF 186.4 million, which was in line with the <a href=”https://www.financemagnates.com/forex/swissquote-ends-2022-with-chf-185m-pre-tax-profits/” target=”_blank” rel=”follow”>previously announced tentative figures</a>. However, the figures dropped by 13.6 percent and 16.5 percent, respectively, from the peak achieved in the previous year. </p><p> Despite the double-digit decline in […]

Forex Trading News 0

StoneX Unveils Defeasance Sales & Trading Division, Hires Experienced Truist Trio

<p>StoneX Financial Inc., a subsidiary of StoneX Group Inc., which is the owner of Forex.com and City Index, has announced the expansion of its US fixed-income business by launching a trading offering and defeasance sales. This new capability signifies the continued growth of StoneX’s fixed-income franchise and its dedication to providing clients with comprehensive securities services.</p><p>StoneX Financial Launches New Division</p><p>As […]

Blockchain and Cryptocurrency News 0

Bank Failures Leave US Crypto Businesses in the Cold

<p>There is often a perception that the events leading to the failure of a bank are complex and multi-faceted. However, <a href=”https://www.financemagnates.com/tag/svb/” target=”_blank” rel=”follow”>the demise of both Silicon Valley Bank and Silvergate Bank</a> can be traced back to two main factors: limited depositor diversification and excessive investment in long-dated assets such as US government bonds.</p><p>Bank Failures and US Crypto Business</p><p>Rising […]

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