Marex announced today that it has agreed to acquire Volcap Trading to expand the group’s products offering and commodities business. Marex termed the acquisition as a ‘good fit’ for both businesses. In an official announcement, the company mentioned that Volcap will remain under the leadership of Nathan Van Paesschen and […]

IHS Markit (NYSE: INFO) has published its financial results for the third quarter of 2021, which ended on August 31, reporting a healthy year-over-year surge of 9 percent in revenue. The company generated $1.181 billion in revenue in the three months. However, the net income of the company came in […]

Running a business will demand a lot from you. It will be no walk in the park. Even after doing everything right, you may still not be successful. From the sleepless nights to the financial sacrifices to the massive losses. Nothing can prepare you for what you will encounter. Therefore […]

Digital assets financial services platform Matrixport has announced a new feature that enables crypto long term investors to confidently accrue and ‘hodl’ Bitcoin and Ethereum regardless of market momentum or volatility. Called ‘Auto-Invest,’ the new feature enables users to utilise a dollar-cost-averaging (DCA) strategy to accrue Bitcoin or Ethereum at […]

The history of the world is full of revolutions and we can proudly say that today we are watching another one. Crypto is a digital currency that can be traded online for almost everything. Crypto was invented in 2008 by Satoshi Nakamoto, who is an anonymous person or maybe a […]

Gold-i, a fintech firm offering trading systems integration solutions for the financial services ‎industry, has created two new senior development roles and promoted two existing employees, Dr. Syed Ashar Akhtar and Mo Alshanteer, to them. According to the press release shared with Finance Magnates, Dr. Akhtar has been promoted to […]

DeFi is growing fast, and PARSIQ is aiming to become a key part of the movement. The Rise of DeFi The world is witnessing the birth of a new era in the world of global finance. Blockchain, and all that its technologies enable, will evolve to become the de facto […]

The United States Internal Revenue Service continues to propose new tax reforms to regulate the crypto investments in the U.S., with the latest notice sharing tax obligations for the marijuana industry. The notice, signed by IRS Small Business/Self-Employed Division Commissioner De Lon Harris, reflects the priorities of the United States […]

The Joint Special Administrators of the failed broker SVS Securities PLC issued a notice on Monday stating that they are anticipating to conclude the administrative process by early 2022. This update came after the representatives from Leonard Curtis published its latest progress report of the administrative process, between February and […]

The US Commodity Futures Trading Commission (CFTC) announced on Monday that it has filed and settled charges against Refinitiv US SEF LLC, a registered swap execution facility ad a subsidiary of a broader financial market data and infrastructure provider, for failure in reporting certain categories of swap data. The company […]