Skip to content

Tag: Forex news

Blockchain and Cryptocurrency News 0

Coinbase’s New Banking Partner a Ray of Hope Amidst Struggles in US Banking Sector

<p>Coinbase Global Inc. has formed a strategic partnership with Standard Chartered in Singapore to offer its clientele a seamless solution for transferring funds between any financial institution and the <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” class=”terms__main-term” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa” target=”_blank”>cryptocurrency exchange</a>. </p><p>This collaboration comes at a crucial time when traditional banking services for digital asset service providers are becoming increasingly scarce due to the growing regulatory […]

Blockchain and Cryptocurrency News 0

Coinbase’s New Banking Partner a Ray of Hope Amidst Struggles in US Banking Sector

<p>Coinbase Global Inc. has formed a strategic partnership with Standard Chartered in Singapore to offer its clientele a seamless solution for transferring funds between any financial institution and the <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” class=”terms__main-term” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa” target=”_blank”>cryptocurrency exchange</a>. </p><p>This collaboration comes at a crucial time when traditional banking services for digital asset service providers are becoming increasingly scarce due to the growing regulatory […]

Forex Trading News 0

SVB Crisis: eToro Cuts Down Leverage on New Positions in Banking Sector

<p>eToro, an Israel-based social trading network, has reduced the amount of <a href=”https://www.financemagnates.com/terms/l/leverage/” class=”terms__main-term” id=”df61d302-43af-41c3-a06a-e37426a0c2c0″ target=”_blank”>leverage</a> permitted on new trading positions in the banking sector to a maximum of X1. The online trading platform disclosed this on Tuesday in a notice sent to its clients, citing “current situation.”</p><p>The update comes days after <a href=”https://www.financemagnates.com/cryptocurrency/svb-crisis-circle-escapes-usdc-depeg-with-regulatory-assurance/” target=”_blank” rel=”follow”>the collapse of Silicon Valley […]

Forex Trading News 0

Darwinex Eyes Novice Traders with Paid Subscription Model

<p>Darwinex recently shared a peek into the upcoming launch of a subscription-based trading platform, Darwinex Zero. The brokerage has recently shared some details on the new platform with Finance Magnates that will allow traders to execute trades on the live market without risking any capital. </p><p> Darwinex to Launch Darwinex Zero </p><p> Darwinex Zero is targeted toward novice traders who […]

Forex Trading News 0

US Fed Announces Internal Investigation after Silicon Valley Bank Collapse

<p>The US Federal Reserve (<a href=”https://www.financemagnates.com/tag/fed/” target=”_blank” rel=”follow”>Fed</a>) announced on Monday the initiation of an internal probe into the Silicon Valley Bank (SVB) failure, which Michael S. Barr, the Vice Chair for Supervision at the central bank, will lead.</p><p>Fed Initiates Internal Probe Over SVB Collapse</p><p><a href=”https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230313a.htm”>According</a> to the official publication from 13 March 2023, Bar and his team will review […]

Forex Trading News 0

Credit Suisse Highlights “Material Weakness” in Delayed Annual Report

<p>The Swiss banking giant, Credit Suisse, has confirmed a yearly loss of CHF 7.3 billion in a delayed report lodged in the United States. The filing was initially due to appear last week, but its publication <a href=”https://www.financemagnates.com/institutional-forex/credit-suisse-delays-annual-report-and-cuts-investment-banking-jobs/” target=”_blank” rel=”follow”>was postponed</a> following the US Securities and Exchange Commission (SEC) call regarding cash flow statements dating back three years.</p><p>Credit Suisse Publishes […]

Forex Trading News 0

Parameta Solutions Taps Numerix to Bring Accuracy to OTC Derivatives Data

<p>Parameta Solutions, the data division of the TP ICAP, announced its partnership with OTC <a href=”https://www.financemagnates.com/terms/a/analytics/” class=”terms__main-term” id=”0cd41468-7088-4154-93a3-bf5c46f15957″ target=”_blank”>analytics</a> and derivatives pricing firm Numerix on Tuesday to develop a system for more effectively valuing OTC derivatives. </p><p> Parameta Solutions and Numerix Join Hands </p><p> The partnership between the two companies came when the financial services industry witnessed mounting regulatory requirements […]

Forex Trading News 0

Exclusive: GCEX’s Holst Breaks Down Signature Bank Exposure

<p>It has been a long day in the cryptoverse. After the collapse of the start-up-friendly Silicon Valley Bank, the panic soon spread from to the industry proper, with <a href=”https://www.financemagnates.com/cryptocurrency/signature-bank-collapse-coinbase-and-paxos-disclose-massive-exposure/” target=”_blank” rel=”follow”>the abrupt shutdown</a> of the New York-based Signature bank. A risky bet on crypto coupled with a bank run prompted regulators <a href=”https://www.financemagnates.com/cryptocurrency/svb-crisis-circle-escapes-usdc-depeg-with-regulatory-assurance/]” target=”_blank” rel=”follow”>to act immediately</a>. While notable […]

Forex Trading News 0

Credit Suisse Shares Hit All-Time Low Following Silicon Valley Bank Collapse

<p>Shares of the troubled banking giant Credit Suisse reached new record lows on Monday, falling more than 10% in the early morning trading on the Swiss stock exchange, SIX. Banks worldwide, including Europe, have been losing ground since Friday following news that technology company-backed Silicon Valley Bank (SVB) is declaring <a href=”https://www.financemagnates.com/terms/b/bankruptcy/” class=”terms__main-term” id=”41b3ef0d-d805-441d-8443-121890264e94″ target=”_blank”>bankruptcy</a>. </p><p>This has raised fears that […]

console.log(jQuery(".engagebay-popup-iframe").contents().find("body"));