Sexual harassment allegations at the prime brokerage unit at Bank of America continue to resonate. The latest batch of news from the trading desks of…
Posts published in February 2018
Kraken Prepares to Shut Down SWIFT Funding Accounts in Japan
In a letter to Japanese clients, Kraken has communicated that it is undertaking some bank account changes. Citing “a variety of circumstances”, the company is…
EUR/USD Declines on Eurozone Releases and US GDP Report
The EUR/USD currency pair today traded lower following the release of the German GfK consumer confidence survey retracing all the gains made in the Asian session. The currency pair posted more losses after…
China is escalating its clampdown on cryptocurrency trading in a bid to finally quash the market completely. Beijing’s tougher stance will target overseas platforms that…
Exclusive: Leverate CMO Nicc Lewis to Part Ways with the Company
Nicc Lewis, Leverate’s Chief Marketing Officer, has decided to leave his position, following almost four years with the company. Nicc Lewis Mr. Lewis initially joined…
The CFTC Allows Employees to Trade in Cryptocurrencies
The Commodity Futures Trading Commission (CFTC) has permitted its employees to invest in cryptocurrencies, reported Bloomberg. This decision came weeks after the commodity watchdog took…
Over 90% of Traders Prefer FX Despite Crypto Hype
This article is the first in a series of two. To read the second, . Finance Magnates has surveyed almost 700 people from various geographical and…
NZ Dollar Drops Despite Improving Business Confidence
The New Zealand dollar declined today. The currency fell even as the business confidence improved, though remained in the negative territory. The ANZ business confidence index rose from -37.8 in January to -19.0 in February.…
More Than 1,200 Crypto-Related Scams Reported in Australia in 2017
are increasing at an alarming rate all over the world. In 2017 alone, the Australian Competition and Consumer Commission’s (ACCC) Scamwatch service has received 1289…
, the Las Vegas-based cryptocurrency exchange, was recently in the news after its updated terms and conditions appeared to exclude Russian citizens from using its…