Category: Forex

September 05, 2024 BY Sam Boughedda

PortX to Launch Fintech Hub on AppMarket from Fiserv

Fintech Hub is a marketplace that provides Fiserv clients "rapid access to top fintech solutions, helping them attract new customers, boost efficiency, and increase competitiveness." It is said the partnership will streamline fintech integrations for financial institutions, accelerating their time to market and enhancing their ability to offer innovative services. As a pre-integrated app on…

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Robinhood app on mobile
September 05, 2024 BY Sam Boughedda

Robinhood Agrees $3.9 Million Settlement with California Over Crypto Withdrawals

The settlement, announced by Attorney General Rob Bonta, is the first public action by the California Department of Justice (DOJ) against a cryptocurrency company. The investigation revealed that during the period, Robinhood (Specifically Robinhood Crypto, LLC) prevented customers from withdrawing their cryptocurrency, forcing them to sell their assets back to the platform to exit trades. The…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 04, 2024 BY Sam Boughedda

Alpha Group Revenue, Profits Rise in H1 Despite Challenging Market

The company revealed that revenue surged by 16% to over £64 million, driven by growth in both its corporate and institutional divisions. In H1, 2023, the company reported revenue of £55 million. Despite the macroeconomic headwinds, Alpha Group's underlying profit before tax also increased, rising 14% to £22.3 million compared to £19.6 million the previous…

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FXOpen
September 04, 2024 BY Sam Boughedda

FXOpen Loses Australian Licence Over Compliance Concerns

The cancellation follows an ASIC investigation that uncovered "serious concerns" about FXOpen AU's ability to properly oversee its financial services and meet its licensing requirements. ASIC explains that the investigation identified shortcomings in FXOpen AU's human resources, specifically its lack of qualified personnel to deliver financial services and maintain adequate supervisory arrangements. In addition, ASIC…

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Daily Market Commentary
September 03, 2024 BY PureContent

Weekly data: Oil and Gold: Price review for the week ahead

The most important economic data for this week are: US manufacturing PMI, BoC interest rate decision, US services PMI, US job report Tuesday: US manufacturing PMI at 14:00 GMT. The consensus is for an increase from 46.8 to 47.8 points. Even though the expectations are for an improved image of the manufacturing sector in the…

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September 03, 2024 BY Sam Boughedda

Saxo Bank and Leonteq Partner for Structured Products Manufacturing and Distribution

As part of the collaboration, Leonteq explained that Saxo will adopt a white-labelling issuance model developed by Leonteq, becoming a sponsor responsible for distributing Saxo-guaranteed structured products to its extensive client base via its platforms for investors and traders. Leonteq, in turn, has secured an international distribution mandate from Saxo, granting it access to Saxo's…

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September 03, 2024 BY Sam Boughedda

dxFeed Announces PriceSquawk Integration

The collaboration with PriceSquawk, an audible trading tool, aims to enhance the trading experience for retail traders by delivering CME Group and Nasdaq Level 1 data through an "innovative audio tool." PriceSquawk is well-known for its ability to convert market data into audible trade sounds, enabling traders to listen to price action, buying and selling…

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September 03, 2024 BY Sam Boughedda

DXtrade Partners with Traders Connect for Copy Trading Integration

As part of the new partnership, brokers and traders utilising the DXtrade CFD platform will gain access to advanced copy trading capabilities. Traders Connect is known for its cross-platform trade copying, high-speed execution, and advanced analytics. Its cloud-based functionality eliminates the need for software installation, allowing for trade copying across multiple platforms. Additionally, Traders Connect…

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September 02, 2024 BY Leaprate Staff

ATFX Ranks 4th Globally in Q2 2024 Trading Volume with 43.75% Year-Over-Year Growth

This milestone underscores ATFX's strong competitive edge in the global financial markets and highlights significant growth in trading activity.   Compared to the previous quarter, ATFX’s trading volume in Q2 2024 saw a significant increase of 22.45%, and an astonishing 43.75% year-on-year growth. These impressive growth rates are not only a solid foundation for the…

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