Planning an exit strategy for your FX brokerage is an important consideration, and one that certainly crosses an entrepreneur’s mind as their business grows and…
Posts published in February 2019
GMO Internet Reports Solid 2018, Despite Crypto Losses
GMO Internet, Inc. an IT giant in Japan and a former big player in the cryptocurrency mining manufacturing industry, has announced its consolidated financial results…
Is QuadrigaCX the New Mt Gox?
The QuadrigaCX scandal that has been grabbing headlines over the past several weeks has only gotten more and more complicated. Now, affected users are facing…
Malcolm Ford Joins CMC Markets to Spearhead Institutional Growth
CMC Markets announced the appointment of Malcolm Ford to this Tuesday. According to a statement released by the broker, Ford will be working as Head of…
Exclusive: Netpay Partners with BNC LedgerTech
Global payment processing firm Netpay International has partnered with BNC LedgerTech to provide blockchain-based services to its customers. BNC LedgerTech is an Israeli firm behind…
Digital Vega is Expanding, Appoints Two Senior FX Professionals
Digital Vega, the operator of foreign exchange (forex) options , has today announced two senior appointments as part of its expanded product development strategy. Joining…
Here’s Where Brokers Go Wrong in Tackling ESMA Restrictions
The European Forex industry has been under for a while now. While many brokers consider the new set of rules to be extensively limiting, others…
Kabu Sees Lowest Monthly Revenues in Over Three Years
Retail released its preliminary financial results for January of 2019 on Tuesday. The broker, which is owned by the Mitsubishi UFJ Financial Group, saw a steep…
Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE
South Korean cryptocurrency exchange Bithumb is expanding its operations in the middle-east by opening a new fiat-to-crypto exchange in the United Arab Emirates (UAE), according…
Plus500 Tanks 30% as Management Signals “Materially Lower” Profit
Plus500 for the company this morning. Nevertheless, the news was not welcome for investors as shares of the company dropped over 30% in the aftermath…