TradeWinds Financials and Foster Estate Planning joined hands to launch a cryptocurrency investment fund. Tradewinds’ investment portfolio primarily lists real estate assets, however, the company…
Posts published in December 2018
Euro Rallies on Risk-On Sentiment and Weak Dollar on Christmas Eve
The euro today rallied higher against the US dollar in a move driven by improved market risk sentiment on the last trading day before Christmas.…
Saxo Inks Major Deal as Brokers Feel ESMA’s Squeeze: Best of the Week
It’s been a bit rip-roaring past seven days, with huge crypto deals, brokers closing offices and regulation renewals. So before you wander off to eat…
Bithumb Tops the Volume Chart in December as Bitmex Loses Pace
As we are approaching the end of the year 2018, it is an excellent time to take a last look at how the situation on…
INCX Partners with Bittrex to Launch Crypto Exchange
Bittrex, an American cryptocurrency exchange, announced that it has teamed up with International CryptoX (INCX) to launch a cryptocurrency exchange with a primarily Asia focus…
Breaking: Fixi PLC Shuts Down, Client Money Frozen by FCA
Fixi PLC is the next company regulated by the UK Financial Conduct Authority (FCA) to close its doors. The firm published an official announcement on…
Bitfinex Enables Margin Trading on USDT/USD Pair
today launched a new functionality that allows users to trade its flagship stablecoin Tether (USDT) on margin, letting traders execute trades with borrowed money, with…
CFTC Wins $1.6 Million in Penalties Against Global FX Club
A New York federal judge has ordered nearly $1.2 million in restitution and a $370,000 civil penalty against a New York-based FX broker and its…
ROYAL Onboards LCG’s Rasha Gad to Head Institutional Sales
Multi-regulated FX broker ROYAL has secured the services of former LCG’s middle east executive Rasha Gad, who joined the Sydney-based company in the role of…
CFTC Fines Iowa Trader $2.1 Million over Commodity Fraud
A New York court has granted the U.S. Commodity Futures Trading Commission’s motion for a default judgment against a commodity trading firm run by an…