Saxo Bank has published its trading statistics for May, reporting a further slide in forex trading demand month-over-month, but overall volumes recovered. The latest numbers show that the monthly volume with forex instruments remained at $104.3 billion, coming down from the prior month’s volume of $124.2 billion. That was a […]
The governor of Ghana’s central bank, Ernest Addison, has said his institution is now “in the advanced stages of introducing a digital currency.” However, before its release into circulation, the digital currency—which is also known as the “e-cedi”— will first have to go “through three phases.” Bank of Ghana’s Embrace […]
easyMarkets, a CySEC-regulated forex broker, has announced the addition of US and European listed shares within its list of products offered on the platform, specifically for MetaTrader 4. With the new offering, easyMarkets customers can also deposit, trade, and withdraw in Bitcoin with the newly-launched Bitcoin base currency account product. […]
On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal Reserve Starts […]
Israeli brokerage eToro has filed a draft registration statement with the US Securities and Exchange Commission (SEC) for its merger with FinTech Acquisition Corp. V, a blank check company. Announced on Wednesday, this the first official filing of the broker relating to the upcoming merger with the US financial markets […]
Interactive Brokers LLC (NASDAQ: IBKR) released its monthly performance metrics for May, stating that daily average revenue trades, or DARTs, witnessed 2.250 million, 37% higher than the prior year and 3% higher than the last month. According to the report, ending client equity was $348.3 billion, 83% higher than 2020 […]
The UK Companies House has notified that Swissquote, a Switzerland-based online trading platform, filed the full accounts of its annual report for the year ended on December 31, 2020. According to the Companies House website, the document is in the processing stage and will be available in ten days. As […]
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like […]
The Financial Commission (FinaCom PLC) announced on Tuesday that Samtrade FX’s copy trading platform, CopySam™, has received certification as a collective investment platform from the forex industry self-regulatory body. The comprehensive certification assures the investors that the copy trading platform is maintaining commonly accepted standards for managing and operating collective […]
India’s central bank, the Reserve Bank of India (RBI), has resolved confusion around a letter that was sent to bank account holders. Indian Central Bank Clarifies Policy On Friday, two of the largest banks in India, HDFC and SBI, sent notices to account holders which warned that cryptocurrency transactions “aren’t […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.Ok