NAGA (XETRA: N4G), a copy trading-focused broker, has inked a major sponsorship deal with Sevilla FC, one of Spain’s top football clubs. Announced on Friday, the German broker has become the club’s front shirt partner and the official Global Trading Partner. “We’re excited to partner up with and associate ourselves […]

Swissquote, a leading Switzerland-based online trading platform, today confirmed record results for the first half of 2021. The broker saw a substantial jump in net revenues and pre-tax profits. According to an official press release shared with Finance Magnates, the net revenues of Swissquote reached CHF 264.4 million in H1 […]

The UK Financial Conduct Authority (FCA) has banned Cypriot-based broker, BDSwiss Holding Plc and all other members of the BDSwiss Group from offering contracts for differences (CFDs) instruments to UK investors. Announced on Thursday, the financial markets regulator, alleged that although one of the BDSwiss subsidiaries is regulated in the […]

Kapital Investment Group (KIG BV), a part of the international financial services provider Global Kapital Group (GKG), announced today that it has acquired Isik Menkul, a leading multi-asset broker in Turkey. The press release shared with Finance Magnates states that the company is planning to expand its product range through […]

Saxo Bank has reported a monthly recovery in its forex trading volume and the overall market demand for the month of July. According to the latest figures, the total monthly volume with forex instruments on the platform came in at $111.9 billion. Though there was a gain of almost 5.5 […]

Key Takeaways Binance Coin has enjoyed an impressive 32% rally over the last two weeks. Despite the significant gains, BNB appears to have formed a bullish-to-bearish reversal pattern. Losing the $314 level as support could mark the beginning of a steep correction. Binance has faced mounting regulatory pressure worldwide over the […]

The Cyprus Securities and Exchange Commission (CySEC) has partially suspended the Cyprus Investment Firm (CIF) license of Indication Investments Ltd, the operator of the FX and CFDs broker Libertex.com. The regulatory decision for the suspension has been made on August 3 for multiple alleged violations of mandatory compliances. According to […]

Key Takeaways Transaction ordering protocol Eden Network has launched to protect Ethereum users from MEV. MEV is the amount of value miners can extract from transactions by reordering blocks, usually through frontrunning. Eden has integrated Sushi, giving traders on the DEX an option to protect themselves from MEV. Eden, formerly […]

Interactive Brokers LLC (NASDAQ: IBKR) has released its monthly brokerage statistics for July 2021, reporting a monthly slow down in daily average revenue trades, or DARTS. But, the figures strengthened on a year-over-year basis. Total client DARTs for the month on the brokerage platform came to be more than 2.36 […]

IG Markets and IG Index, two UK-based subsidiaries of the IG Group, have disclosed their individual annual financials for the year ending on May 31, 2021. Both reported an astronomical jump in their businesses that is in line with the group’s overall performance reported earlier. IG Markets is the counterparty […]