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Nalezeno "forex": 568

Zenfinex receives DFSA license

30.11.2022
Zenfinex is now officially licensed in the MENA region, short for the Middle East and North Africa. According to recent developments, the FX and CFD broker has received a DFSA license, allowing it to expand its services to new regions. Zenfinex is now able to move forward with its expansion plan...

INGOT receives regulatory approval from CMA in Kenya

25.11.2022
Only a handful of forex and CFD brokers feature in the Kenyan market. INGOT enters the list after receiving regulatory approval from the Capital Market Authority on November 1, 2022. The approval grants INGOT the right to function as a non-dealing broker for online foreign exchange services in...

DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market

23.11.2022
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market

VT Markets bags three Magazine Awards

23.11.2022
VT Markets has emerged as the winner of three Global Business Magazine Awards, adding more reputation to its name in the industry. VT Markets has been credited for its trading platforms and services, which have made customers believe that trading can indeed be seamlessly executed on a platform....

Overnight trading sessions for US ETF commence on Interactive Brokers

22.11.2022
Interactive Brokers has announced the commencement of overnight trading sessions, which will primarily help the Asian market interested in trading US ETFs. Overnight trading sessions will be held five days a week beginning this Sunday and finishing on Friday. Hours will begin on Sunday at 8 p.m....

CMC Markets’ Net Trading Revenue plunges up by 27%

16.11.2022
CMC Markets, a London-based brokerage group, released their six months interim financials between April and September, reflecting a 21% hike in its net operating income (NOI), generating £153.5 million. The estimation published is for the first half (H1) of its fiscal year, 2023. While CMC Market’s...

Vantage introduces institutional arm Vantage Connect for UK traders

15.11.2022
Vantage, a supplier of multi-asset trading platforms with headquarters in Sydney, has introduced a new product called Vantage Connect. This product is aimed at an institutional arm and will provide liquidity services for corporate and institutional clients in the United Kingdom. This official debut...

Schwab publishes monthly activity report for october 2022

15.11.2022
The Charles Schwab Corporation has published its Monthly Activity Report for October 2022. It has placed three factors at the center of the report. These three factors are net assets acquired, total client assets, and average interest-earning assets. The new assets brought in over the previous...

Trading volume stays above $2T for Exness

10.11.2022
Exness has disclosed its trading volume data for the month of October 2022. With a trading volume of more than $2.5 trillion, October marked the eighth consecutive month in which Exness reported a trading volume of more than $2 trillion. The figure represents a 142% year-over-year increase and...

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

10.11.2022
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely...

Robust Q3 2022 data reflects XTB’s record high achievement

9.11.2022
XTB has published its financial report for the third quarter of 2022, sharing some impressive numbers. One such figure is the price of its shares which has inched closer to its all-time high value. Shares were last seen trading at PLN 28.80, only 2% away from their highest value since July...

VT Markets adds diversity with bond CFDs

7.11.2022
VT Markets announced that it had added 7 bond CFDs to its offerings. However, this gives traders a chance to gain exposure to more global markets and diversify their portfolios. The newly added bond CFDs are from the United States of America, the United Kingdom, and Europe. These include Euro-Bond...

CBN to unveil new naira notes to improve exchange rate and inflation

4.11.2022
The newly redesigned N200, N500, and N1000 notes are expected to enter circulation on December 15, 2022, according to the Central Bank of Nigeria (CBN). Recently, Governor Godwin Emefiele gave a special briefing at which he disclosed this. According to him, the redesign of the naira notes was made...

Saxo Bank’s avg. FX volume sees a monthly gradual fall

4.11.2022
The currency market plays hide & seek, especially in October 2022. Saxo Bank reported a lower figure with larger disappointment in its Commodities section. The month-over-Month figure for average FX volume is 9%, down to $6.1 billion for October 2022. On the other hand, September 2022 painted...

Brokers speak of flat metrics in monthly turnover

4.11.2022
Because enormous amounts of incentives are being dished out frequently to all of the interactive brokers involved in trading practices, one would imagine a very conducive scenario. However, unfortunately, that is not what the case is all about at present. LLC (NASDAQ: IBKR) was responsible...

Kenya to deal with the MSCI-regulated FDI inflow warning

3.11.2022
Kenya is seemingly up against a foreign direct investment (FDI) related dilemma according to the information released by the New York-based Morgan Stanley Capital International (MSCI) Inc.,. For this very reason, the country has come under a watch list. It is now one of all identified markets which...

EUR/USD: Chances of further strength now look diminished

3.11.2022
The current economic situation of the Euro region The EU economy is anticipated to continue expanding, although at a significantly slower rate than predicted in the Spring 2022 Forecast. The rating agency predicted that the GDP of the eurozone will stagnate in the last quarter of 2022 and...