Skip to content

Tag: Forex news

Forex Trading News 0

Another Director of $180m FX Ponzi Scheme Faces 10 Years in Jail

<p>The Australian Securities and Exchange Commission (ASIC) informed on Wednesday that David Sipina, a former Courtenay House Director, was charged with criminal offenses relating to the $180 million foreign <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> (FX) <a href=”https://www.financemagnates.com/tag/ponzi-scheme/” target=”_blank” rel=”follow”>Ponzi scheme</a>. The maximum penalty he faces for his misconduct is ten years in prison and a financial fine of $810,000.</p><p>ASIC Bring […]

By Posted on

Forex Trading News 0

Finalto Enhances Offering with New NY4 Server, Expanding to SG3 Next

<p>Finalto is enhancing its offering with the addition of a New York-based <a href=”https://www.financemagnates.com/terms/l/liquidity/” class=”terms__main-term” id=”47c3bef3-27ee-4953-8504-159e1b829b33″ target=”_blank”>liquidity</a> pool and <a href=”https://www.financemagnates.com/terms/d/data-center/” class=”terms__secondary-term” id=”15e21ee2-47b7-466a-8723-403e3053c1b2″ target=”_blank”>data center</a>, NY4, that will significantly cut down the latency experienced by its global clients in receiving price quotes. Besides, the company is expecting the <a href=”https://www.financemagnates.com/thought-leadership/finalto-commits-to-growth-in-asia/” target=”_blank” rel=”follow”>addition of an SG3 server</a> in mid-2023.</p><p>Finalto Adds NY4 […]

By Posted on

Forex Trading News 0

eToro Gets BitLicense and Money Transmitter Licenses from New York

<p>eToro, an Israel-based social trading network, has been granted the virtual currency license, also known as the BitLicense, by the New York State Department of Financial Services. The state regulator also granted a money transmitter license to eToro, the trading network announced on Tuesday, adding that it secured the license through eToro NY LLC, its subsidiary in the United States.</p><p>eToro […]

By Posted on

Forex Trading News 0

Spectrum Markets Marks Record 2022 as Turnover Surges 147% to €3.33bn

<p>Spectrum Markets, a Germany-based securitized derivatives trading provider, saw a record year in 2022 as its order book turnover skyrocketed 147% to €3.33 billion (bn) during the past year. The trading volume during this period also jumped by 68% from 848 million in 2021 to 1.42 billion. </p><p>The volume came from almost 3.5 million trades executed in 2022, Spectrum Markets […]

By Posted on

Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

By Posted on

Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

By Posted on

Forex Trading News 0

JPMorgan Joints the Investment Banking Jobs Cuts Wagon

<p>JPMorgan Chase & Co. (<a href=”https://www.financemagnates.com/tag/jpmorgan/” target=”_blank” rel=”follow”>JPM</a>) has decided to cut its investment banking team in Asia-Pacific, mainly in Greater China, according to a recent report by Bloomberg. People familiar with the matter said that the financial giant wants to reduce the current workforce in the division by 30 positions.</p><p>JPMorgan Custs Investment Banking Jobs</p><p>Although the headcount reduction affects less […]

By Posted on

Forex Trading News 0

25% of Investors Who Avoid Scams Inspired by Sherlock Holmes

<p>Being the legendary detective Sherlock Holmes, who solved the most complex mysteries of London’s streets, was undoubtedly the dream of many British kids, who are now active individual investors. A recent survey by the Financial Conduct Authority (FCA) shows that one in four consumers who have avoided investment fraud in recent years did not give up on their childhood dreams […]

By Posted on

Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

By Posted on

Blockchain and Cryptocurrency News 0

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide digital asset trading services in the Chinese special administrative region. The decision came just a day after the local Securities and Futures Commission (SFC) announced it is considering changes in its <a href=”https://www.financemagnates.com/cryptocurrency/hong-kong-set-to-legalize-crypto/” target=”_blank” rel=”follow”>current […]

By Posted on

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