Market News

12-10-2022

Ztegrity to Pay over $940K for FX Pool Trading Fraud

The operators touted the scheme to be better than savings deposits with low or zero risks. It offered a guaranteed...

13-10-2022

NAGA Gains Seychelles License to Accelerate Global Presence

The company intends to enter the Brazilian crypto market. It now focuses on improving operational efficiency.

13-10-2022

Trading 212 Sees 512% Profit Surge in 2021, Closing German Entity

Its annual revenue increased by 11.2 percent. The demand has skyrocketed since the impact of the pandemic.

13-10-2022

UK Arm of ADSS Posts 362% Jump in 2021 Profit

Its revenue without transfer pricing dropped significantly. The broker is now focusing on professional and retail...

14-10-2022

Consob Blocks 6 More Illegal Financial Service Providers

Five of these platforms provide illegal CFDs trading services. The Italian regulator now blocks 774 illegal platfo...

14-10-2022

Hong Kong Court Convicts ex-Fulbright Securities Account Exec of Fraud

A client lost $48,321 as a result of the fraud. Hong Kong's SFC slammed a life-long industry ban on Kwong Shing fi...

14-10-2022

CySEC Fines General Capital Brokers €120k for Possible License Offense

The settlement covers possible lapses between November 2020 and October 2021. CySEC reached a €100k agreement...

14-10-2022

ASIC Secures $229.9 Million in Civil Penalties in FY 2021/2022

The regulator has secured convictions against 33 individuals. ASIC introduced breach reporting, hawking prohibitio...

17-10-2022

Spotware Upgrades Infrastructure as Demand for cTrader Jumps

The firm is investing in improved connectivity between Equinix NY2 and LD5 data centres. Spotware is also investin...

18-10-2022

DXtrade Targets UK Brokers as It Allows Spread Betting Offerings

Brokers licensing DXtrade can now offer spread betting, along with FX and CFDs. Spread betting is popular in the U...