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Webull Launches Overnight Trading for Retail Clients, Expands Market Hours to 24/5
- The new offering is in collaboration with Blue Ocean Technologies.
- It seeks to allow users to respond to significant events like earnings announcements and international news.
Tuesday, 12/11/2024 | 14:00 GMT by
Jared Kirui
Revolut Clashes with Early Investors over Blocked Share Sale
- The conflict involves an attempt by an investor to sell Revolut shares for approximately £4.5 million through Republic.
- This dispute is part of an ongoing tension between Revolut and early investors since its 2017 crowdfunding campaign.
Monday, 11/11/2024 | 17:24 GMT by
Jared Kirui
NatWest Reclaims £1B in Shares from UK Government, Treasury Cuts Stake Further
- The UK government has significantly reduced its ownership in the lender, reducing it from about 38% last year.
- The government is reportedly prioritizing the sale of the remaining stake to institutional investors.
Monday, 11/11/2024 | 13:18 GMT by
Jared Kirui
The Week’s Snapshot: Donald Trump's Victory and Crypto, ASIC to Close 95 Firms, and More
- Meanwhile, several firms, including Capital.com, easyMarkets, and INFINOX, released their financial reports this week. Taurex plans to launch a proprietary trading platform, Atmos, while the Indian regulator called prop trading platforms “Unauthorised.”
Saturday, 09/11/2024 | 03:00 GMT by
Jared Kirui
Dutch Court Orders Binance to Disclose User Identity in €186,000 Fraud Case
- The victim was deceived by a person she met on a dating app and was persuaded to transfer €186,000 across six transactions.
- While Binance suspended the implicated account, it initially refused to disclose the user’s identity without a court order.
Friday, 08/11/2024 | 14:21 GMT by
Jared Kirui
Poland Probes Crypto.com for Possible Unauthorized Activities
- The Polish regulator expressed concerns that the company might lack the required licenses to offer financial services in region.
- The case has reportedly been transferred to the Warsaw Regional Prosecutor's Office for further investigation.
Thursday, 07/11/2024 | 16:05 GMT by
Jared Kirui
Marex Doubles Interest Income in Q3, Revenue Soars 32%
- The company's net trading income grew by 39%, reportedly driven by increased demand for hedging and investment solutions.
- Commission income also rose substantially after the company’s acquisition of Cowen's prime services business.
Thursday, 07/11/2024 | 14:44 GMT by
Jared Kirui
FP Markets Unveils New Partnership to Bring Trading Signals to Users
- The collaboration with xsee reportedly targets a growing demand for data-driven trading signals among retail investors.
- It allows traders to review the historical performance and risk metrics of signal providers.
Wednesday, 06/11/2024 | 21:14 GMT by
Jared Kirui
easyMarkets Registers Strong Q3 Trading Volume, USDJPY Jumps 98%
- The surge in trading volume was driven by shifts in global markets, which sparked increased demand from traders.
- In the crypto space, Bitcoin experienced significant fluctuations, increasing by 37%.
Wednesday, 06/11/2024 | 19:32 GMT by
Jared Kirui
Tradeweb’s October Trading Surge 34%: Bonds, Derivatives Reach New Highs
- US government bond ADV grew, reportedly due to strong institutional, wholesale, and retail participation.
- However, ETF ADV in the US declined due to lower trading volumes amid the election period.
Wednesday, 06/11/2024 | 13:44 GMT by
Jared Kirui
Italy’s Consob and Google Partner to Block Fraudulent Investment Ads
- The regulator aims to expand the alliance to include other major tech platforms, such as Meta, X, and LinkedIn.
- The collaboration focuses on screening out risky ads from social media and the web.
Tuesday, 05/11/2024 | 19:52 GMT by
Jared Kirui
Elon Musk and US Election: Court Allows Controversial $1M Giveaway to Continue
- Federal authorities are concerned about the regulations on incentivizing voter registration.
- The authorities termed Musk's action as an illegal lottery due to the lack of transparency regarding recipient selection.
Tuesday, 05/11/2024 | 18:03 GMT by
Jared Kirui
Capital One Faces Potential Enforcement Action over Savings Account Disclosures: Report
- The company allegedly failed to adequately inform customers about a high-yield account.
- Capital One received a letter from the CFPB warning of possible enforcement action in connection to the dispute.
Monday, 04/11/2024 | 18:33 GMT by
Jared Kirui
One Day to US Election: Corporate CFOs Face Increased FX Risks as Dollar Strengthens
- MillTechFX’s report showed that nearly all CFOs expect the dollar to continue appreciating amid the polls.
- Securing credit lines has also become the primary challenge, with 31% of CFOs identifying it as their top concern.
Monday, 04/11/2024 | 15:20 GMT by
Jared Kirui
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