A popular feature on trading platforms, especially with social trading, is the Popular Investor Program. Usually consisting of different levels, investing on a certain platform…
Did the Bears Clear the 105.09 Level on USD/JPY?
The US dollar versus the Japanese yen currency pair seems to be set for 103.15. Is this really so? Long-term perspective After it peaked at 109.85, the price fell under the resistance…
FCA Warns Against Unregulated CFDs Broker MarketPluse
The Financial Conduct Authority (FCA) today issued several warnings to local investors highlighting unauthorized firms known to have been soliciting customers in the UK jurisdiction.…
Coinbase Still Suffer Latency Issues Amid AWS Amazon Outage
Crypto exchange Coinbase was hit Thursday with a prolonged outage that took down most of its services, and isn’t yet fully back. This time, however,…
FINSA Europe Sees Growth in 2019 Profit, New Brand in the Works
UK-based spread betting and CFD trading operator FINSA Europe Ltd, which operates under the trading names Financial Spreads and Financial Spreads Plus, has unveiled its…
Alexander Höptner Parts Ways with Boerse Stuttgart
Alexander Höptner is parting ways with his dual position as Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, ending a three-year…
Itaú Unibanco Spines off its 46pct Stake in Brazilian Broker XP
Brazil’s largest bank Itaú Unibanco is spinning off its 46% stake in Brazilian financial services platform XP Inc (XP.O), which has a market capitalization of…
Chinese Yuan Firms As PBoC Signals Flexible, Targeted Monetary Policy
The Chinese yuan is firming against multiple currency peers during the quiet holiday Thanksgiving trading session. The yuan has been strengthening since peaking at around 7.1 against the US dollar.…
PayPal Bans User for Trading Cryptocurrencies
Online payments giant, PayPal has reportedly restricted an account for cryptocurrency trading and placed the balance on hold for six months. The company banned the…
Mike Novogratz’s Galaxy Digital Raised $58.7M for Bitcoin Funds
The Bitcoin funds managed by Mike Novogratz-owned have raised $58.7 million in the first year of their operations, according to a couple of recent SEC…
Libra Hires Former UBS Executive Saumya Bhavsar
Facebook-led announced on Wednesday the hiring of Saumya Bhavsar as the General Counsel of Libra Networks, the payment system subsidiary of the blockchain consortium. Though…
Oxford Competes with Cambridge to Win Algorithmic Crypto Trading Contest
Multi-asset analytics provider, APEX: E3 announced that it has arranged an algorithmic crypto trading competition between students of the University of Oxford and the University…