Skip to content

Tag: Forex

Forex Trading News 0

Deutsche Börse Acquires SimCorp for €3.9b, Reports 12% Jump in Q1 Profits

Deutsche Börse Group, the operator of the German stock exchange, published two important updates on Thursday concerning the results for the first quarter of 2023 and the acquisition of SimCorp, a provider of investment management solutions.In response to the latest reports, the company’s shares on the German stock exchange (XETR: DB) are losing nearly 7% and falling to EUR 170, […]

Forex Trading News 0

Tradeweb’s Revenue Rises 5.7% as Q1 ADV Hits Record $1.4T

Tradeweb Markets’ revenue rose 5.7% to $329.2 million during the first quarter of 2023, which was pushed by increases in trading rates, credit, and money markets. The Nasdaq-listed electronic markets operator disclosed this on Thursday, noting that its equities market revenue declined by 1.3% quarter-over-quarter to $26.2 million.Tradeweb Reports First Quarter 2023 Financial Results. Click here to read the full […]

Forex Trading News 0

The Use of Chatbots and Virtual Assistants in Financial Services

The financial services sector is embracing new technology quickly in order to boost productivity, client satisfaction, and overall user experience. The use of chatbots and virtual assistants is one technology that has seen substantial growth in recent years. Artificial intelligence and natural language processing are used by computer programs known as chatbots to mimic conversations with human users. On the […]

Forex Trading News 0

First Republic Bank’s Fate in Limbo as FIDC Pushes for a Sale

The US Federal Deposit Insurance Corporation (FDIC) is pushing towards a sale of troubled First Republic Bank as the deadline for a deal is looming. JPMorgan Chase, PNC Financial Services Group, and Citizens Financial Group have submitted bids to procure the ailing lender, according to multiple media houses, but a decision has yet to be finalized. The Collapse of First […]

Forex Trading News 0

Admirals Strengthens African Presence with New Offices in Nigeria

Admirals, an Estonia-based retail FX and CFDs broker, has expanded its presence in Africa with the opening of new offices in Lagos, Nigeria. The firm announced the development on Monday, noting that it decided to establish its physical presence in the West African country after it received “significant traction from traders in Nigeria.”Admirals Expands Presence in AfricaThe launch comes months […]

Forex Trading News 0

Tastytrade, LiteFinance Launch New Features

Retail FX and CFDs brokers, Tastytrade and LiteFinance on Monday separately disclosed new updates about their brokerage business. While the former launched an application programming interface (API), the latter released a ‘new and improved’ version of its mobile trading application for iOS devices.Tastytrade Introduces ‘tastytrade-API’Tastytrade explained that the new interface tagged ‘tastytrade-API’ offers its users the ability to “build software […]

Forex Trading News 0

Interactive Brokers’ DARTs Decreases 14% to 1.8M in April 2023

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, […]

Forex Trading News 0

Nigeria’s SEC Blacklists Six Online Trading Platforms

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 […]

Forex Trading News 0

Plus500 Continues ‘Strong Performance in FY 2023’

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 […]

Forex Trading News 0

Africa’s Copy Trading Boom: True Adoption or a Passing Phase?

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 […]

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