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CFTC Requests Entry of Default Against Binary Options Gang

Yossi Herzog, Yakov Cohen and Shalom Peretz, as well as Yukom CEO Lee Elbaz, were sued in this case since August 2019.

Brokers / Tuesday, 07/07/2020 | 21:56 GMT+2 / Aziz Abdel-Qader

Samsung Adds Support for Stellar to Blockchain Galaxy Store

The Stellar Development Foundation – creator of the XLM cryptocurrency – today said its payment system will be integrated into the software development kit (SDK) of the Samsung Blockchain Keystore, which helps users ...

News / Thursday, 16/07/2020 | 00:20 GMT+2 / Aziz Abdel-Qader

Hacker Gains Control of Binance, Bitfinex and CoinDesk Twitter Accounts

Binance's CEO warned Twitter users of the scam, but his warning was hidden then his handle itself was hacked.

News / Wednesday, 15/07/2020 | 22:30 GMT+2 / Aziz Abdel-Qader

Maltese Firm Promotes Crypto Services without Proper License

The MFSA called out the exchanges, Comino Crypto Fund LLC and Ivaja Ltd, in twin warnings on Wednesday.

Trading / Wednesday, 15/07/2020 | 20:49 GMT+2 / Aziz Abdel-Qader

Goldman Sachs’ Q2 Profit Boosted by Record Trading Revenue

Revenue from trading stocks and bonds jumped by 93 percent to a record $2.5 billion, fueled by strong fixed income.

Institutional FX / Wednesday, 15/07/2020 | 18:45 GMT+2 / Aziz Abdel-Qader

Solitics Now Supporting New Metatrader Integration

Brokers can now communicate with their traders in real-time while they are trading within the MetaTrader app!

Investments in Grayscale Crypto Products Hit Record High in Q2

At the end of June, the company’s total assets under management since inception seven years ago totaled $2.6 billion.

News / Wednesday, 15/07/2020 | 17:41 GMT+2 / Aziz Abdel-Qader

CME Group Adds Access to Delayed and JSON Formatted Data Via Google Cloud

New cloud-based data formats will provide customers with seamless ways to use CME Group's market data.

Institutional FX / Wednesday, 15/07/2020 | 16:59 GMT+2 / Julia Bahr

USGFX CEO Shay Zakhaim Steps Down as BRI Ferrier Took Over

He was in the apex position of the company for almost 6 years.

Executive Moves / Wednesday, 15/07/2020 | 14:37 GMT+2 / Arnab Shome

ESMA Assesses German Financial Reporting System After Wirecard Collapse

The assessment will be completed by 30 October 2020.

Regulation / Wednesday, 15/07/2020 | 14:32 GMT+2 / Julia Bahr

Hirose UK Sees 17% YoY Revenue Dip, Cuts Operating Cost

The company continued to reduce its losses, despite shrinking turnover.

Brokers / Wednesday, 15/07/2020 | 12:56 GMT+2 / Arnab Shome

Why Are Crypto Companies Failing at Onboarding Female Users?

Women are essential to the future of cryptocurrency. How can companies effectively target new female users?

News / Wednesday, 15/07/2020 | 12:52 GMT+2 / Rachel McIntosh

Paxos Presents Paxos Crypto Brokerage Service, Revolut as First Customer

The new product offering enables firms to integrate cryptocurrency buying, selling, holding and more.

CryptoCurrency / Wednesday, 15/07/2020 | 12:38 GMT+2 / Julia Bahr

Supplemental Income with the FBS CopyTrade App!

Social trading allows even novice participants in the Forex market to get a supplemental income.

Contour Completes Digital Letter of Credit Between Nanjing and Rio Tinto

The firm continues to push the digitalisation of trade finance.

CryptoCurrency / Wednesday, 15/07/2020 | 12:02 GMT+2 / Julia Bahr

BitMEX Operator Restructures, Creates New Holding Firm 100x

The company is expected to expand its services, maybe beyond crypto.

News / Wednesday, 15/07/2020 | 11:24 GMT+2 / Arnab Shome

FlexTRADER EMS Offers Direct Availability of Liquidnet Targeted Invitations

The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers.

Institutional FX / Wednesday, 15/07/2020 | 11:23 GMT+2 / Julia Bahr

Alpha FX Sees 16% YoY Revenue Jump in H1 2020, Stocks Rally 11%

The company keeps posting positive numbers since its IPO in 2017.

Prime Brokerage / Wednesday, 15/07/2020 | 10:20 GMT+2 / Arnab Shome

FXCM UK Sees 71.6% Drop in Turnover YoY in 2019, Reduces Losses

FXCM UK posted a loss of $1.04 million for the year ended 31st December 2019.

Brokers / Wednesday, 15/07/2020 | 10:19 GMT+2 / Celeste Skinner

Exclusive: FXOpen UK Acquires Cypriot Broker AMB Prime Ltd

The FCA-regulated broker has acquired AMB Prime as part of its expansion plans in Europe.

Brokers / Wednesday, 15/07/2020 | 10:00 GMT+2 / Celeste Skinner

Can EM Currencies Be the Saving Grace of FX? Experts Weigh In

Finance Magnates met with three industry experts to discuss the state and future of emerging markets.

Analysis (Retail FX) / Wednesday, 15/07/2020 | 09:54 GMT+2 / Celeste Skinner

SquaredFinancial Launches New Partnership Programme

Market leading support, training and very competitive commissions structure.

Barclays Names Craig Stine as VP of FIG Banking

He will assume his new role in October.

Executive Moves / Wednesday, 15/07/2020 | 09:06 GMT+2 / Arnab Shome

Court Partly Denies CFTC’s Entry of Default Against Binary Options Gang

The motion was denied for Yossi Herzog, Shalom Peretz, and Yukom Communications Ltd.

Regulation / Wednesday, 15/07/2020 | 09:01 GMT+2 / Celeste Skinner

BTIG Secures Goldman Sachs Veteran Luke Hodges as COO

As of the 14th of July, Hodges is the COO and Head of Equities at the brokerage firm.

Executive Moves / Wednesday, 15/07/2020 | 08:11 GMT+2 / Celeste Skinner

US DOJ: Texas Man Arrested on COVID-19 Relief Fraud Charges

Some of the relief funds given to Joshua Thomas Argires were allegedly invested in cryptocurrencies.

Regulation / Wednesday, 15/07/2020 | 03:47 GMT+2 / Celeste Skinner

Coronavirus Updates

Get the latest coronavirus updates here

Analysis (Retail FX) / Wednesday, 15/07/2020 | 03:46 GMT+2 / Finance Magnates Staff

PrimeXBT Broadens Offering With New Currencies, Trading Pairs

Not without risks, margin trading via PrimeXBT now covers five new currencies, including the Mexican Peso.

Trading / Tuesday, 14/07/2020 | 23:30 GMT+2 / Aziz Abdel-Qader

Binance Hires Omar Rahim to Kick Off Middle East Expansion

Binance’s long-standing rivals, such as Huobi, have also their own eyes on the same region.

Exchanges / Tuesday, 14/07/2020 | 21:01 GMT+2 / Aziz Abdel-Qader

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