The euro today fell against the US dollar as investors sold the single currency amid rising coronavirus cases within the euro area dampening investor sentiment.…
Posts published in October 2020
Renowned crypto industry lawyer, Stuart Hoegner, the general counsel for stablecoin issuer Tether and crypto exchange Bitfinex, has publicly denounced claims made in a recent…
XTB Profits Soar YoY in Q3 2020, Client Activity Peaks
Polish brokerage has published its financial and operating results for the third quarter of 2020, ending on September 30, showing a significant increase across all…
Using Your Data in Real-Time to Enhance Conversion & Retention
Most forex companies have recognized the need for automation to help engage with their trading base. Accomplishing this feat is another challenge altogether in an…
Pepperstone Launches Forex Trading Services in Kenya
Pepperstone, a forex and contracts for differences (CFDs) broker, has expanded its geographical reach by officially entering the Kenyan forex trading market. The brokerage has…
Monex to Offer Stock-Lending Services on Margin Accounts
Japanese online stock brokerage, Monex, Inc. announced on Monday that it will enable services on its margin trading accounts, effective from November 6. Stock-lending services…
FXCM Veteran Michael Kamerman Becomes Skilling CEO
The Skilling Group announced on Monday that Michael Kamerman has joined the brokerage as its new chief executive officer. He replaced Skilling co-founder, André Lavold…
Busted: ASIC Freezes Websites & Bank Accounts of 2 ‘Ponzi Schemes’
The Australian Securities and Investments Commission (ASIC) has announced that the Australian Federal Court made orders restraining Matthew Alan Beresford from continuing to operate a…
ESMA to Restrict Stock Trading Within EU Post-Brexit
The European Securities and Markets Authority (ESMA) issued guidelines, ordering banks and asset managers to execute their share trades within the European Union after the…
Chinese Yuan Retreats From 27-Month High as Officials Tolerate Currencyâs Appreciation
The Chinese yuan is retreating from its highest level against the US dollar in 27 months, despite officials revealing they will tolerate the currencyâs appreciation against the greenback â for now.…