The police investigation following Jagjit Singh's arrest and the Chit Fund scam surrounding his Crown Credit now extends to possible investments made in TradeNext.
Read moreThe following guest post is courtesy of Paul Puey, CEO and Co-Founder at Bitcoin wallet company Airbitz. — It seems like 2015 should be the year for bitcoin to level up. Everywhere you look there are crises caused by centralized currencies. In Zimbabwe, hyperinflation finally caused the government to abandon their currency and switch to the US Dollar;…
Read moreLeapRate has learned that Jagjit Singh (pictured at left), a co-owner and Director of FCA-regulated retail forex broker TradeNext, has been arrested in India on swindling charges surrounding another of his retail financial businesses called Crown Credit Cooperative Society. An article in The Times of India reported that Mr. Singh alongside seven other people were arrested and…
Read moreThe FCA-regulated retail forex broker has also laid off a large amount of staff in a major cost cutting initiative.
Read moreClient deposits rose at ETX by 23% during the year as the CFD, Forex and Spreadbetting broker continued to grow outside its home UK market.
Read moreGoogle has redesigned its logo and main page around smaller screens and lower bandwidth.
Read moreCyprus regulator CySEC is turning up the heat somewhat on online businesses it licenses (read: Forex and Binary brokerages). New directives issued by the Cypriot financial regulator take aim at the practice of regulated brokers holding CIF licenses redirecting new-client traffic to the websites of non-regulated entities. This somewhat common practice in the Forex industry allows brokers…
Read moreThe Shift Forex Israel office will focus on advising those who want to start and operate new MT4 brokerages.
Read moreAs the UK bank holiday long weekend left European markets fairly quiet today, some serious volatility hit crude oil trading once US markets opened later in the day. Down about $1.50 most of the day Monday from Friday's close of $45.22 per barrel, US WTI Crude prices started soaring in the US mid morning, rising about…
Read moreThe following guest post is courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. - Bitcoin is too volatile. Bitcoin is too small. Bitcoin is too risky. These are the types of headlines I am reading over and over again every day and have been for the last 4 years. And you know what? They…
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