Also, a new CEO at OneID; and Marex Solutions' partnership.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Trade History in Fortex 6
WebTrader
Fortex, an
FX and CFDs broker, has upgraded its web trader platform Fortex 6, adding a
trade history feature. It allows users to monitor all their transactions,
encompassing each trade's date, time, volume, and cost. By offering insights
into their trading performance, this feature assists traders in making more
informed decisions.
In addition
to the trade history capability, Fortexhas incorporated other enhancements
into its Fortex 6 WebTrader, such as refined charting tools and new order
types. These additions aim to increase traders' command over their
trading activities and facilitate well-informed decision-making.
Kaiko to Support IPC
Connexus Crypto Ecosystem
IPC, a provider
of multi-cloud connectivity solutions, has joined forces with Kaiko, a digital
currency market intelligence supplier. This collaboration aims to deliver
top-tier data services to the Connexus Crypto network offered by IPC.
Launched
just a year ago, Connexus Crypto is IPC's offering for digital asset trading.
It accommodates a variety of trading techniques and empowers market players to purchase
and offload cryptocurrencies across various markets concurrently. It offers
minimal latency connectivity while granting access to liquidity from multiple
global crypto exchanges.
Trader Banned for 10 Years
Hong Kong's SFC has imposed a 10-year ban on Peter Law Chi Kin, a previously licensed Convoy
Asset Management Limited (CAML) representative, effective until April 2033. The
ban is due to his involvement in a stock manipulation scheme. Additionally, the
SFC has levied a fine of $535,500 on Law Chi Kin, reflecting the profit he gained
through the illegal activities.
Between
June and July 2016, Law Chi Kin was convinced by his associate Wong Kwun Shing to
participate in a scheme. He persuaded 10 of his clients to purchase shares of a
company listed on the Growth Enterprise Market of The Stock Exchange of Hong
Kong Limited from the individuals orchestrating the scheme.
Stripe Launches Revenue
Reporting
Stripe, a
pioneering financial infrastructure platform for businesses, unveiled its
expanded revenue and finance automation suite today, designed to empower businesses
with control over their entire cash flow lifecycle.
Launching Revenue Reporting and upgrades to Stripe Tax and Stripe Billing will allow
the company to bring its user-centric approach from payment processing to
back-office operations.
"Stripe’s
revenue and finance automation suite is designed to be a smooth, one-stop shop
for forward-thinking finance teams,” Vivek Sharma, the Head of Revenue and Finance
Automation at Stripe, commented.
New Zealand's FMA Flags Fraudulent Platform
On Wednesday, New Zealand's financial market regulator, the FMA, warned against DCMAtrading.com, which offers trading in foreign exchange, cryptocurrency, and CFDs.
The FMA highlighted DCMAtrading.com is not holding any license in New Zealand for offering such services.
As seen on the website, the platform claims to be associated with a New Zealand company, Deutsche Capital Markets Australia Limited (DCMAL), a subsidiary of Deutsche Bank Australia and New Zealand (DBANZ), which is false.
Admirals Adds 32 New Currency Pairs
Admirals, an FX and CFDs broker, sweetened its offerings with the addition of 32 new currency pairs. These will be available to Trade.MT5 and Zero.MT5 account holders.
The new additions include pairs of the Danish krone, Singapore dollar, and South African rand with other major currencies. With these additions, the platform now offers 80 currency pairs.
CFTC Fines Mizuho Capital Markets
The Commodity Futures Trading Commission has slapped the swap dealer, Mizuho Capital Markets with $6.5 million for trade practice violations. According to the regulator, the company failed to make adequate disclosures to customers for certain foreign exchange forward transactions.
Now, Mizuho must pay $1,847,182.90 in restitution and another $5 million in penalties. Additionally, the regulator issued a cease and desist order against the company.
OneID Oboards New CEO
The identity service provider, OneID, has appointed Paula Sussex as the new CEO, who will lead the company through the next expansion period. She replaces Martin Wilson, who will now continue as a Non-Executive Director.
Paula Sussex, OneID's CEO
Before OneID, Sussex headed the Student Loans Company as the CEO for over four years. She comes with a business background in consulting and technology services.
"There is growing recognition that identity technology can help solve huge commercial and social issues such as fraud, compliance and cost of securing data in a business," said Sussex. "OneID tackles all of these issues and I’m delighted to be joining at such an exciting time."
Marex Solutions Taps MDX Technology
Marex Solutions, the unit of Marex specializing in customized OTC derivatives and structured Products, has expanded its relationship with MDX Technology by selecting the MDXT low-code workflow platform to automate post-trade processes for their US-based grains business.
Marex Solutions is already using the services of MDXT Connect for the distribution of real-time data from internal trading systems.
"This project represents a customer-led pivot in how we develop and adopt modern, highly flexible technology-driven service capabilities," said Eugene Faller, the Head of Enterprise Solutions at Marex Solutions. "Low-code means that we can test embryonic ideas and implement continuous feedback and improvement cycles as a collaborative approach with our customers."
First Republic Bank Mulls Asset Sale
First Republic Bank, a San Fransisco-based lender, is evaluating the possibilities of divesting assets between $50 million and $100 million to rescue its operations from the ongoing troubles.
The bank aims to reduce the mismatch between its assets and liabilities by selling some long-dated mortgages and securities.
First Republic Bank had a total asset of $233 billion at the end of March, which included $173 billion of loans and $35 billion of investment securities.
The shares of the bank plunged dramatically since the latest US banking crisis. It had a market cap of over $22 billion at the start of March but is now left with only $1.5 billion.
Fortex, an
FX and CFDs broker, has upgraded its web trader platform Fortex 6, adding a
trade history feature. It allows users to monitor all their transactions,
encompassing each trade's date, time, volume, and cost. By offering insights
into their trading performance, this feature assists traders in making more
informed decisions.
In addition
to the trade history capability, Fortexhas incorporated other enhancements
into its Fortex 6 WebTrader, such as refined charting tools and new order
types. These additions aim to increase traders' command over their
trading activities and facilitate well-informed decision-making.
Kaiko to Support IPC
Connexus Crypto Ecosystem
IPC, a provider
of multi-cloud connectivity solutions, has joined forces with Kaiko, a digital
currency market intelligence supplier. This collaboration aims to deliver
top-tier data services to the Connexus Crypto network offered by IPC.
Launched
just a year ago, Connexus Crypto is IPC's offering for digital asset trading.
It accommodates a variety of trading techniques and empowers market players to purchase
and offload cryptocurrencies across various markets concurrently. It offers
minimal latency connectivity while granting access to liquidity from multiple
global crypto exchanges.
Trader Banned for 10 Years
Hong Kong's SFC has imposed a 10-year ban on Peter Law Chi Kin, a previously licensed Convoy
Asset Management Limited (CAML) representative, effective until April 2033. The
ban is due to his involvement in a stock manipulation scheme. Additionally, the
SFC has levied a fine of $535,500 on Law Chi Kin, reflecting the profit he gained
through the illegal activities.
Between
June and July 2016, Law Chi Kin was convinced by his associate Wong Kwun Shing to
participate in a scheme. He persuaded 10 of his clients to purchase shares of a
company listed on the Growth Enterprise Market of The Stock Exchange of Hong
Kong Limited from the individuals orchestrating the scheme.
Stripe Launches Revenue
Reporting
Stripe, a
pioneering financial infrastructure platform for businesses, unveiled its
expanded revenue and finance automation suite today, designed to empower businesses
with control over their entire cash flow lifecycle.
Launching Revenue Reporting and upgrades to Stripe Tax and Stripe Billing will allow
the company to bring its user-centric approach from payment processing to
back-office operations.
"Stripe’s
revenue and finance automation suite is designed to be a smooth, one-stop shop
for forward-thinking finance teams,” Vivek Sharma, the Head of Revenue and Finance
Automation at Stripe, commented.
New Zealand's FMA Flags Fraudulent Platform
On Wednesday, New Zealand's financial market regulator, the FMA, warned against DCMAtrading.com, which offers trading in foreign exchange, cryptocurrency, and CFDs.
The FMA highlighted DCMAtrading.com is not holding any license in New Zealand for offering such services.
As seen on the website, the platform claims to be associated with a New Zealand company, Deutsche Capital Markets Australia Limited (DCMAL), a subsidiary of Deutsche Bank Australia and New Zealand (DBANZ), which is false.
Admirals Adds 32 New Currency Pairs
Admirals, an FX and CFDs broker, sweetened its offerings with the addition of 32 new currency pairs. These will be available to Trade.MT5 and Zero.MT5 account holders.
The new additions include pairs of the Danish krone, Singapore dollar, and South African rand with other major currencies. With these additions, the platform now offers 80 currency pairs.
CFTC Fines Mizuho Capital Markets
The Commodity Futures Trading Commission has slapped the swap dealer, Mizuho Capital Markets with $6.5 million for trade practice violations. According to the regulator, the company failed to make adequate disclosures to customers for certain foreign exchange forward transactions.
Now, Mizuho must pay $1,847,182.90 in restitution and another $5 million in penalties. Additionally, the regulator issued a cease and desist order against the company.
OneID Oboards New CEO
The identity service provider, OneID, has appointed Paula Sussex as the new CEO, who will lead the company through the next expansion period. She replaces Martin Wilson, who will now continue as a Non-Executive Director.
Paula Sussex, OneID's CEO
Before OneID, Sussex headed the Student Loans Company as the CEO for over four years. She comes with a business background in consulting and technology services.
"There is growing recognition that identity technology can help solve huge commercial and social issues such as fraud, compliance and cost of securing data in a business," said Sussex. "OneID tackles all of these issues and I’m delighted to be joining at such an exciting time."
Marex Solutions Taps MDX Technology
Marex Solutions, the unit of Marex specializing in customized OTC derivatives and structured Products, has expanded its relationship with MDX Technology by selecting the MDXT low-code workflow platform to automate post-trade processes for their US-based grains business.
Marex Solutions is already using the services of MDXT Connect for the distribution of real-time data from internal trading systems.
"This project represents a customer-led pivot in how we develop and adopt modern, highly flexible technology-driven service capabilities," said Eugene Faller, the Head of Enterprise Solutions at Marex Solutions. "Low-code means that we can test embryonic ideas and implement continuous feedback and improvement cycles as a collaborative approach with our customers."
First Republic Bank Mulls Asset Sale
First Republic Bank, a San Fransisco-based lender, is evaluating the possibilities of divesting assets between $50 million and $100 million to rescue its operations from the ongoing troubles.
The bank aims to reduce the mismatch between its assets and liabilities by selling some long-dated mortgages and securities.
First Republic Bank had a total asset of $233 billion at the end of March, which included $173 billion of loans and $35 billion of investment securities.
The shares of the bank plunged dramatically since the latest US banking crisis. It had a market cap of over $22 billion at the start of March but is now left with only $1.5 billion.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise