For the second time, RHS – a California-based broker-dealer – has amended its credit agreement with JP Morgan Chase and their banking syndicate, granting them access to an additional revolving credit facility totaling $2.175 billion. It is in addition to the institution’s prior commitment of $2.275 billion that was signed back in April 2020. Robinhood …
Robinhood Signs Modified Credit Agreement for $2.175 B Read More »
OANDA is a long-standing leader in multi-asset retail trading markets. On Monday, the brokerage launched its new Global Markets division featuring CFDs offerings extending beyond European equities to include U.S. and U.K. stocks. This exciting development will surely change how investors approach these markets! The offering allows its customers in emerging markets to trade CFDs …
OANDA Launches CFDs Exposure to Popular U.S. and UK Stocks Read More »
In February, Exness achieved a remarkable milestone by attaining an all-time high trading volume of over $3 trillion and surpassing 500K active customers! This February, the broker shattered its previous trading record of $2.82 trillion set in January with a remarkable monthly figure of $4 billion! Compared to last year’s figures, this was double what …
Exness Hits $3 Trillion in February Trading Volume. Read More »
In February, trading on Saxo Bank experienced an overall reduction of 4.2%, with a total volume amounting to $359.8 billion for the month – and even more significantly, signifying a 14% decrease compared to last year’s numbers! Despite a shorter month, the daily average trading volume on the platform experienced significant growth; it increased to …
Equiti Group has announced the launch of its new office in Abu Dhabi to propel its presence in the United Arab Emirates. Equiti’s subsidiary manages the newest venture, regulated and licensed by the Securities and Commodities Authority since April of last year. Iskandar Najjar, Co-Founder and Group CEO of Equiti Group, stated that expanding to …
Equiti Opens Abu Dhabi Office 1 Year After SCA License. Read More »
VT Markets, a global multi-asset broker based in Sydney, has integrated Signal Centre’s Analysis IQ into its trading platform. Analysis IQ helps its users improve their trading decisions. It combines traditional and alternative data sets to provide a technical view of the markets in an intraday time frame. According to VT Markets, its clients will …
VT Markets Adopts Acuity Analysis IQ to Aid Decision Making Read More »
Exness recorded a new high in trading volume for a retail brokerage platform in January. The published figures show that the broker recorded an overall trading volume of $2.82 trillion. The new record exceeded Exness’s prior $2.81 trillion set in August and was about 12% greater than December’s reported figure. On a year-over-year basis, there …
Exness Records New High of $2.82T January Trading Volume Read More »
After years in the retail trading industry, OANDA intends to close all Malta operations on March 17th, 2023. Oanda plans to operate its European business solely under one regulated entity in Poland. On Monday, they declared that they would shift everything over to their Polish subsidiary OANDA TMS Brokers when the departure from Malta is …
OANDA Exits Malta to Consolidate European Business Read More »
An industry source close to OvalX (formerly ETX Capital) has disclosed that the FX and CFDs broker may be shutting down its operations. They’re initiating layoffs following its takeover by Swiss private equity firm Guru Capital. Reports have indicated that the company has begun to let go of its personnel. Unfortunately, they will still need …
OvalX (ETX Capital) Faces Uncertain Future as Layoffs Begin Read More »
On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service. Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its desktop version of the fxTrade trading platform. It has also changed the margin rate for corporate accounts’ USD/JPY currency pairs from …
OANDA Japan: No More fxTrade, USD/JPY Margin Shift Read More »
FXOpen took the plunge and now offers commission-free trading services to its retail customers! On Monday, FXOpen announced that brokers were no longer required to pay any commission fees for index trades placed on an FXOpen ECN account. The remarkable development has opened up a world of opportunities for traders globally. As FXOpen UK’s …
On Tuesday, Plus500 declared a year-end trading report displaying that the company’s revenue surged to $832 million for the financial year 2022 – an impressive 15.7% YoY growth! Furthermore, the EBITDA of the organization skyrocketed to a remarkable $454 million from an initial figure of $387.1 million. Plus500 hits the revenue target. The financial year …
On Thursday, Kenya’s Capital Markets Authority (CMA) granted a license to Estonia-based Admirals – a non-dealing online forex trading broker. It is an incredible leap forward in global financial technology and marks yet another success for Kenya! Admirals is confident that gaining this license will pave the way for further expansion in Africa, granting access …
Admirals Acquires Kenyan License, Eyes Seychelles Takeover Read More »
Spotware Systems has revolutionized CTrader Desktop with a copy trading feature in the desktop version of its renowned platform. As one of Cyprus’s leading electronic trading providers, they have taken this opportunity to offer an even more comprehensive and enhanced experience. The recently released 4.5 version of cTrader Automate – the firm’s algorithmic trading solution …
Spotware launches new Copy Trading Feature to CTrader Read More »
The Securities and Exchange Commission (SEC) recently filed charges against John Fernandez, 26 years old, and his two companies – Avail Progression and Elite Generators – for functioning with unregistered and fraudulent forex trading plans. Last Friday, the official charges revealed that Fernandez and his businesses had allegedly defrauded more than 100 investors out of …
