The Latest Investing News - Page 19
Saxo Bank’s Trading Volume Declines in November
Danish investment bank and brokerage service Saxo Bank had a difficult period in November, as the platform reported the lowest trading volume in years across foreign exchange, commodities, and other markets. However, Saxo is not the only broker to experience a decline in trading volume. Other platfo... Read more.
IG Group’s Revenue Likely Hit £250 million in H1 FY2020
London-based IG Group, which operates a CFD trading and spread betting platform, released an update for the first half of the fiscal year 2020.... Read more.
FXOpen UK Integrates MT5, Launches ECN Trading
The UK division of forex broker FXOpen announced last week that it had integrated the MetaTrader 5 (MT5) platform. Thus, traders will be able to choos... Read more.
Morgan Stanley Dismisses 4 FX Traders Who Concealed Losses
US bank Morgan Stanley fired or is in process of dismissing at least four currency derivatives traders who are charged with concealing losses of up to... Read more.
Citi’s UK Business Fined Record 44M
The Bank of England’s (BoE) supervisory arm Prudential Regulation Authority (PRA) fined Citigroup with a record 44 million pounds (over $56 million)... Read more.
Amazon Launches New Products, Partners With GM
US-based e-commerce giant Amazon presented several new Echo products and Alexa features during its 2019 hardware event on Wednesday. The company unvei... Read more.
SWIFT Launches New Service to Deliver Instant Payments Worldwide
The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, announced that it would provide real-time global payments. The... Read more.
Security Token Platform Securitize Raises $14M From Santander
Securitize, a blockchain-oriented firm that helps entities tokenise real-world assets, announced that it had raised $14 million during its latest fund... Read more.
Cobalt Launches Blockchain-Based FX Infrastructure
Cobalt, a blockchain-oriented startup, launched a foreign exchange infrastructure that is now used by Deutsche Bank, Saxo Bank, and XTX Markets. The p... Read more.
Saxo, BinckBank Introduce Investment Platform For Expats in Spain
Danish broker Saxo Bank and Dutch stockbroker BinckBank announced the deployment of an investment platform aimed at expats living in Spain. The move c... Read more.
Deutsche Becomes Member of JPMorgan’s Blockchain Payment Network
German banking giant Deutsche Bank has become part of the blockchain-based network Interbank Information Network (IIN), which is led by JPMorgan. The ... Read more.
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