After media reports of eToro’s possible merger with a blank-check acquisition company, another update came, creating a buzz in the market. Bloomberg recently reported that the Israeli broker is planning to merge with FinTech Acquisition Corp. V, a firm led by serial deal-maker, Betsy Cohen. The report outlined that the companies are raising […]

A plan for concluding the distribution of the assets of failed broker SVS Securities, which was dissolved in August 2019, was submitted to win court approval. An update published by administrators Leonard Curtis confirmed the final terms of for setting the so called ‘Longstop Date’ and ‘Hard Bar’. The hearing to […]

Israeli broker, eToro, which made its name with the social trading feature, is planning for a merger with a blank-check acquisition company to publicly list its shares on Nasdaq, according to local news agency, Calcalist. In addition, the report outlined that the trading company, which recently revealed that the total number of […]

Moneta Markets, a multi-asset brokerage subsidiary of Vantage Global, announced on Monday the launch of the true ECN accounts for MetaTrader4 and MetaTrader5 platforms. ECN accounts offer raw forex spreads without artificial price inflation. Brokers usually charge a commission for each trade if they are following the ECN-pricing model. Launched […]

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against […]

The Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down four new websites in an ongoing clampdown against firms it accuses of illegally promoting trading products in the country. The Italian market securities market regulator has been on a rampant crackdown to protect retail investors by making […]

Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. Peter Schiff’s Son Has […]

Key Takeaways The future price of Chainlink (LINK) will be defined by its ability to slice through a narrow price pocket.  Moving past the $29.70 resistance level could see the cryptocurrency retest its previous all-time highs. If this support fails to hold, LINK will face a steep correction.  Chainlink is […]

FXCM, a Jefferies Financial Group-owned FX and CFDs brokerage, published its trading execution statistics for February 2021, reporting much wider spreads for the BTC/USD pair. The broker offered peak, and non-peak spreads, of 68.1, and 67.3 pips, respectively, for the crypto-fiat-pair, while the effective spread remained at 61.8 pips. The […]