ASIC Cancels Olive Financial Markets’ License
The firm’s license was already opted for cancelling since March 16, 2020.
Broker
CONSOB Blocks Unregulated Brokers Domains
CONSOB the Italian securities regulator, blacklisted a new list of FX and crypto-focused brands today. Actions on these unauthorized actors in the market came as offshore brokers continued to chase online trading businesses in Italy. This includes within the grey area of the country’s cryptocurrency sector. The following websites belong to entities that do not …
eToro Launches OilWorldWide Amid COVID-19 Crisis
The oil market is in a rampage, and asset platforms are making the most of it. Multi-asset investment platform eToro announced a new long oil portfolio for retail investors who want in. Unprecedented price movements led to high volatility in US oil. Prices went down into the negative territory in early April, the first time …
eToro Launches OilWorldWide Amid COVID-19 Crisis Read More »
TD Ameritrade Revenue Rises in the First Quarter | Wibest
US-based brokerage firm TD Ameritrade, is a broker-dealer subsidiary of TD Ameritrade Holding Corporation. The company’s fiscal first-quarter revenue rose slightly from a year earlier even as it slashed its trading commissions to zero. Net revenues at Nebraska-based company was $1.48 billion in three months. That was through March 2020, up from $1.45 billion in the Q1 …
TD Ameritrade Revenue Rises in the First Quarter | Wibest Read More »
Admiral Markets to Close Crude Oil CFDs at $0
Admiral Markets, a foreign exchange broker has detailed its emergency plan this Wednesday. This was following the record volatility of crude oil, with prices falling into negative territory on the U.S. oil market. It has outlined to its customers that should any crude oil CFDs fall below US$5, it will enable ‘Close Only’. It will stop …
ACY Securities’ Synergy Relaunches with Dove | WIBEST
Synergy FX, the Australian brokerage run by FX veteran Christian Dove and then acquired by ACY Securities underwent rebranding. It is now launched as Synergy Markets. Synergy Markets started accepting clients earlier this week. The new version of the brand should see positive feedback by the market. This expectation is based on the reputable track …
ACY Securities’ Synergy Relaunches with Dove | WIBEST Read More »
Plus500 Buys 21,317 shares on April 15th | Wibest
Plus500, announced this Thursday it has purchased more than 20,000 shares through Credit Suisse Securities (Europe) Limited. The London-listed but Israel-based broker, said the move was part of its ongoing share buyback program. It bought 21,317 shares at a volume weighted average price paid per share of £1.176 today, the15th of April. This was according …
Plus500 Buys 21,317 shares on April 15th | Wibest Read More »
ACY Securities Launches MetaTrader Xchange
Sydney-based stockbroker ACY Securities rolled out its MetaTrader5 platform called MT5 Xchange. The Australian Securities and Investments Commission-regulated broker offers hundreds of stocks from a few of the largest companies worldwide. The firm gives access to Nasdaq, the New York Stock Exchange (NYSE), and the Australian Stock Exchange (ASX). ACY’s new platform provides access to …
Kenya’s CMA Warns against Online FX Brokers | Wibest
The Capital Markets Authority of Kenya or CMA has warned against engaging in online foreign exchange trading through unlicensed platforms. The CMA, an independent government financial regulatory agency stressed to citizens of Kenya not to invest with unauthorized entities. If they do, they can be at risk of losing their investments because the law does …
Kenya’s CMA Warns against Online FX Brokers | Wibest Read More »
International Broker VPFX Now Uses MetaTrader 5
Ventura Prime FX Limited just selected MetaTrader 5’s hedging options for clients using Android, iOS, web, and desktop platforms. The Labuan FT Malaysia-registered international broker operates under the trading name VPFX. Under the agreement announced on Tuesday, the broker now offers more than 200 instruments through the platform. The firm launched the FX trading platforms …
Robinhood Wins Against Urges for Restraining Order
A few days ago, the Millennial trading app Robinhood faced accusation of paying clients to back out from a class action. A US District Judge denied an Emergency Motion for Temporary Restraining Order against the firm for “misleading communications.” Lawyers’ allegations revolved around a $75 goodwill credit to compensate for the firm’s losses from an …
Robinhood Wins Against Urges for Restraining Order Read More »
Plus500 Buys More Stocks Back | Wibest Broker
Plus500 is thriving with another purchase of its company’s ordinary shares amid uncertainty led by the coronavirus pandemic. As part of the firm’s share buyback program, it bought another 40,000 of its ordinary shares. The coronavirus pandemic brought a lot of other financial firms under crisis. Meanwhile, Plus500 seems to be benefitting from it instead …
RoboForex Helps Clients with Easier Requirements
International forex broker RoboForex announced an improvement of the bonus program conditions for its clients and partners. Classic Bonus, Profit Share Bonus, Cashback, and VIP client were all part of these programs. The company also changed the conditions of affiliate commission payouts. The classic bonus increased to a maximum of 120% of the deposited sum. …
RoboForex Helps Clients with Easier Requirements Read More »
Plus500 Continues Its Share Buyback Program
Online contracts for difference trading provider Plus500 said its Chief Technology Officer purchased more than 3,000 company shares. In particular, Ari Shotland paid a total of £27,101.7 for exactly 3,454 shares. The purchases took place in two rounds: on March 19, 2020, and then on the next day. The first share had a purchase of …
IG Group Sees Strong Results for Q3 FY2020
IG Group Holdings announced its results for the third quarter of its fiscal year ending May 31, 2020. Fortunately for the group, it saw strong results to February 29, 2020. Client activity increased during this period with a solid performance, especially during the final week of February. The firm saw a £139.8 million in revenue, …
