Consob Blocked 855 Illegal Trading Platforms in 3 Years, Ads 5 More
Italy's Consob has been effectively blocking illegal trading websites since 2019. To date, the supervisor has been able to halt 855 of them.
Shares jump but investor fears about bank ‘whack-a-mole’ linger
Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.
Dollar holds its breath as market awaits Fed policy decision
The dollar regained some ground on Tuesday but was pinned near a five-week low as traders tiptoed back into riskier assets after UBS’ state-backed takeover of Credit Suisse allayed some fears of a widespread, systemic banking crisis.
Lebanon to sell unlimited US dollars to prop up collapsing pound
Lebanon’s central bank will begin selling unlimited amounts of U.S. dollars in a bid to halt the spiralling devaluation of the Lebanese pound, Governor Riad Salameh said on Tuesday.
Cryptoverse: Bitcoin passes the bank stress test
As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.
Volatility subsides after Credit Suisse rescue, but fears remain
A volatile day looms in Asia on Monday, as investors’ relief at a rescue deal for Credit Suisse and co-ordinated support from global central banks was tinged with nerves over how deep troubles run in the world’s banking and financial system.
Trading Provider Infinox Generates UK Revenue of £17.1m as Institutional Division Doubles
Founded in 2009 and headquartered in the City of London, INFINOX Capital Ltd enables sophisticated private investors to trade a full range of asset classes, from forex to equities and commodities.
Crypto exchange Binance to halt sterling transfers
Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the crypto exchange ceased dollar transfers.
FCA Scolds Payment Firms over 'Lack of Controls'
The regulator said some firms are posing "unacceptable risks" to customers. FCA has also seen evidence of "elevated fraud rates" among some firms.
Scam Alert: Be Careful With Your Investment in FxMarket365
While working with a reputable broker increases the odds of your success, signing up with a dubious one can turn your trading experience into a nightmare.
Keep Away: Mastertradeplusfx is a Scam Broker
Since trillions of dollars change hands on the foreign exchange market daily, it becomes highly intriguing to scammers.
FXVC Applied the Cancellation of its CIF License of CySEC
Recently, WikiFX learned that FXVC has decided to voluntarily renounce its CIF license (238/14) of CySEC to operate as an investment firm.
ZuluTrade Pushes the Boundaries of Social Trading
So, what sets ZuluTrade apart from similar players? Apart from the ease of use and transparency, the tech-driven financial firm takes pride in introducing the concept of social wealth management to the trading space.
Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears
The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the disclosure of “weaknesses” in its financial reporting that renewed investor concerns that a full-blown global banking crisis may be brewing.
FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say
Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company’s new management said.
Fxview Obtains Full FSCA Licence
Global brokerage and Finvasia Group financial firm Fxview attains regulatory approval from the Financial Sector Conduct Authority (FSCA) to provide financial services in South Africa.
Can Bitcoin Behave Like Gold?
It’s known that bitcoin enthusiasts are fond of calling the cryptocurrency “digital gold”, which expresses their faith that it’s able to function as a value preserver in the same way that gold has traditionally done.
CySEC Supervised 837 Entities and Imposed €2.9 million Fines in 2022
CIFs represent the majority of licensed and sanctioned entities. CySEC's oversight extends to two new types of companies: crowdfunding and PEPP.
Retail Investors Calm after SVB Collapse, Spectrum Markets’ SERIX, Finds
The findings are based on sentiment towards NASDAQ 100 and S&P 500. In the US, bank stock prices tumbled on Monday but rebounded the following day.
Why an Increasing Number of Brokers Replace their Current Provider with the iTech Software
iTech Software offers a powerful alternative to the existing trading platforms.