Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Daily Average Revenue Trades (DARTs) of popular American electronic trading platform, Interactive Brokers, declined 14% to 1.765 million in April 2023. The average trades per day that generated commissions or fees also slumped 20% last month, the online broker disclosed in its brokerage metrics for April 2023 released on Monday.Interactive Brokers had ended March 2023 with 2.055 million DARTs, […]
Nigeria’s securities regulator has flagged down six online trading platforms for operating in the country without authorization. The Securities and Exchange Commission (SEC) listed the platforms in a recent statement published on its website.According to the watchdog, the platforms are Prime Invest (https://webtrader.pinvest.cc/), FXBoxed (https://account.fxboxed.com/) and New Finance LLC and New FX Limited (https://www.newfx.us). The other three platforms are Axi24 […]
Plus500 (LON: PLUS), the Israeli trading platform, issued a trading update on Tuesday, highlighting that it ‘has continued to deliver a strong performance in FY 2023’.Plus500’s Update for Investors The update came ahead of the upcoming annual general meeting and pointed out that the key metrics of the group’s performance in Q1 2023 were better than the previous year. Plus500 […]
Copy trading is a common investment practice, but new indicators show that in Africa, the method has become a phenomenal hit. Curiosity about copy trading among Africans is higher than in other developed nations, such as the United States, the United Kingdom and Australia, according to Google data on searches. Investigating the data, Finance Magnates found that some brokerages have […]
Revolut Launches in Brazil The UK-headquartered fintech giant, Revolut has entered the Latin American markets by launching its service in Brazil. The company onboarded Glauber Mota from BTG Pactual to lead the rollout in Brazil. “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use […]
Trading activities in spot foreign exchange among institutional investors weakened last month across regions, data from Cboe FX, Deutsche Börse’s 360T, FXSpotStream and Click 365, shows. The decline comes after major trading venues reported stronger output earlier in March. In January, the institutional spot FX demand recovered from the holiday lows in December only to retreat in February. By March, […]
Brokeree Solutions, a trading technology provider, has enhanced its social trading solution by launching a mobile application for the service. As detailed to Finance Magnates, the mobile application will have all the features of the desktop version. Brokeree Solutions Enhances Social Trading Experience “With the Social Trading Mobile app, brokers may offer their clients a new level of interaction, allowing […]
The Australian Securities & Investments Commission (ASIC) issued a notice on Wednesday, calling out investment product issuers and ordering them to ‘lift their game’ around design and distribution obligations (DDO). ASIC Finds Lapses in Financial Products’ DDO It came as the Aussie regulator found target market deficiencies in the offerings of several investment product issuers. The regulator highlighted that it […]
UK Regulator Raises Alarm on Clone of LCGOn Wednesday, the Financial Conduct Authority (FCA) warned investors against a clone of London Capital Group (LCG), an authorized spread betting and CFD trading provider. The British watchdog said the clone has been contacting British citizens, pretending to have requisite permission. According to the FCA, the scam platform operates the websites: www.cintra.group/, www.londoncapitalgroup.pro […]
Massachusetts’ securities watchdog will appeal against a ruling delivered last year in favour of Robinhood following its enforcement action against the online brokerage in December 2020. Massachusetts Secretary of State, Bill Galvin, and Robinhood will argue the validity of the regulator’s fiduciary duty rule at the Supreme Judicial Court of Massachusetts, Reuters reported on Wednesday.Regulator Appeals Case at Supreme CourtGalvin […]