Krzysztof Kapliński, an FX/CFD industry expert with over a decade of experience, has been appointed as the Dealing Team Leader at Match-Trade Technologies, Finance Magnates learned. Kapliński, associated with the Poland-originated company for nearly four years, has been promoted from his previous role as a Senior Dealing Officer, having earlier worked as a Senior Broker […]
Category: STO News
Saxo Bank’s Clients Lead FX/CFD Market with 38% Profitability in December 2023
Clients of Saxo Bank were the ones who most frequently profited in the FX/CFD market towards the end of 2023, according to the latest report by Finance Magnates Intelligence. The profitability level was 38%, increasing by two percentage points over the last two months and standing 11.5% higher than the average for the top twenty […]
Bitcoin ETF Gains Traction – Fantom (FTM), Polygon (MATIC), and NuggetRush (NUGX) Hailed as the Most Undervalued and Promising Altcoins
TLDR Bitcoin becomes the second-largest ETF commodity in the US. Fantom, Polygon, and NuggetRush are the most compelling crypto investments currently. NuggetRush is tipped for a timely 55x rally after its launch. Following the SEC decision on Bitcoin ETFs on January 10—a milestone achievement—the ETF market has been gaining significant traction. Barely two weeks since […]
MonFX Expands Operations with New Singapore Office, Hires Head of Sales
To accommodate expansion plans in the Asia-Pacific region, MonFX, a local subsidiary of global financial services company Monex Europe Holdings, has moved into a larger office space in Singapore. In addition, the company has appointed David Venn as the Head of Sales to lead the expansion. MonFX Expands Asia Pacific Presence with New Singapore Office […]
DOGE could slip below $0.080: Will the bulls regain control soon?
Key takeaways Dogecoin has been underperforming over the last few days and could drop below the $0.080 region soon. Memeinator’s presale is now in its 13th stage and has raised close to $4 million. The cryptocurrency market has been bearish since the spot Bitcoin exchange-traded funds (ETFs) were approved. Dogecoin is currently struggling to stay […]
OANDA Launches Prop Trading Services under BVI Entity
OANDA, a popular brokerage brand in forex and contracts for differences (CFDs), has jumped into the proprietary trading business with the launch of OANDA Labs Trader. Announced today (Monday), the broker will share up to 75 percent of the profits with the traders. OANDA Enters Prop Trading Although OANDA is regulated in multiple jurisdictions, the […]
Terraform Labs Files for Bankruptcy Protection in the US
Terraform Labs, the company once known for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States, according to the documents filed yesterday (Sunday) with the Bankruptcy Court for the District of Delaware. Terraform Labs Declares Bankruptcy The filing showed that the now-defunct crypto company has liabilities in the […]
$115M Liquidated in 1 Hour as Crypto Market Plunges; $GFOX Presale Hits New All-Time High
The crypto market hasn’t had the best start to 2024. This has affected many altcoins, and investors are confused about the best cryptos to invest in. Reports show that the market experienced $115m liquidation in an hour, further decreasing the market’s total value. However, some altcoins still show positive prospects amidst this challenging period. Experts […]
Broadridge, Markets.com, IG and More: Executive Moves of the Week
This week has been quieter compared to the previous week, with a significant decrease in executive appointments in the forex, crypto, and fintech sectors. Recent financial leadership appointments: Chad Alderson becomes General Manager for Global Tech and Operations at Broadridge Canada, Luis Dos Santos takes over as Global Business Development Head at Markets.com, Matthew Davidson […]
Trezor reveals 66,000 users could face phishing attacks
The security incident happened on January 17, 2024, Trezor disclosed in a blog post published on January 20. It involved a third-party support ticketing portal that Trezor uses. Contact details included names and email addresses for up to 66,000 users were compromised. Hardware wallet Trezor has announced that a security breach at a third-party support […]
