Interactive Brokers LLC (NASDAQ:IBKR) has been hit with a combined $38 million penalty in settlements with three US regulators over a number of anti-money laundering…
Posts published in August 2020
London FX Volume Shrinks to $2.41 Trillion Per Day in April 2020
Daily foreign exchange trading volumes out of London have shrunk by 16 percent from the year prior, to $2.41 trillion in April 2020, the Bank…
FDCTech, a , has signed Singapore-based Grentone Meta Solutions to distribute its Forex and CFD trading platforms in Asia. Grentone Meta Solutions is a business and technology…
Facebook (NASDAQ:FB) is reportedly exploring a stronger push into digital payments space. The social-networking behemoth has set up a new unit called Facebook Financial, which…
The euro today fell against the US dollar driven by the risk-off investor sentiment, which fueled the greenback’s resurgence coupled with Friday’s upbeat US non-farm…
Chinese Yuan Advances As PBoC Pledges Targeted Policy
The Chinese yuan is strengthening to kick off the trading week as the central bank vowed to adopt a more targeted and appropriate monetary policy in the post-coronavirus economy. With Beijing ostensibly winding down its…
Exclusive: ATFX Increases Share Capital by £3.15 Million
ATFX (UK) has revealed exclusively to Finance Magnates that it has received regulatory approval to increase its share capital by £3.15 million, only months after…
OANDA Japan Relaxes Margin Requirements for Corporate Accounts
The Japanese unit of OANDA, , recently announced that because of the current market condition it has decided to partially reduce the margin rate for…
Bitcoin has surpassed the $12,000-mark for the second time in recent weeks. In some ways, this second recent pass over $12,000 makes it seem as…
Plus500 Signs Two Year Sponsorship with Poland’s Legia Warsaw
Plus500 announced this Monday that it has become the main sponsor of Legia Warsaw, a professional football club based in Warsaw, for the 2020/21 season.…