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Tag: Forex trading news

Blockchain and Cryptocurrency News 0

Lower Trading Bites 6% into Saxo Bank’s Profit in 2022

<p>Saxo Bank Group, a Danish investment bank specializing in <a href=”https://www.financemagnates.com/terms/o/online-trading/” class=”terms__main-term” id=”93afd583-ea4d-45cf-a1e0-8d951e5d8f48″ target=”_blank”>online trading</a> and investment, published its annual report for 2022 on Friday, reporting a 6% decline in its net profit. The figure came in at DKK 711 million compared to DKK 755 million in 2021.</p><p>The online trading platform provider’s trading-related and interest earnings during the period also […]

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Forex Trading News 0

Market Infrastructure Providers Greenlight BoE, FCA Supervision

<p>The Bank of England and the UK Financial Conduct Authority (FCA) have given an update on their joint supervision of the country’s financial market infrastructure (FMI), noting that their Memorandum of Understanding (MoU) in this regard “remain effective with appropriate coordination and no material duplication.”</p><p>The authorities stated this on Friday in <a href=”https://www.bankofengland.co.uk/news/2023/february/update-on-mou-on-the-supervision-of-market-infrastructure-and-payment-systems” target=”_blank” rel=”follow”>their update on their MoU</a> on […]

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Forex Trading News 0

FCA to Compensate 24HR Trading Academy Victims

<p>On Friday, the UK’s <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” class=”terms__main-term” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286″ target=”_blank”>Financial Conduct Authority (FCA</a>) announced that it had secured the money to pay the victims of 24HR Trading Academy Ltd, an illegal contract for difference (CFDs) signals platform run by its sole director Mohammed Maricar.</p><p>FCA Arranges Fuds for 24HR Trading Academy Victims</p><p>The British regulator detailed that it has received the payment of […]

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