FINANCE MAGNATES NEWS

IUX has established itself as a leader in empowering traders with education through its platform, IUX Education. This initiative is designed to equip traders with the insights and tools necessary to navigate the complexities of financial markets. Below is an overview of some of the key topics covered in IUX Education, including highlights from two recent articles.Understanding the Impact of […]

Digital asset infrastructure provider BitGo has elevated Brett Reeves to Head of European Sales while maintaining his existing role as Head of Go Network. His over two decades of experience at leading investment banks in London's City, is expected to support the company's expansion across the European continent.BitGo Expands European Leadership, Names Brett Reeves to Head Regional SalesIn his […]

The iFX EXPO Dubai 2025, the largest online trading expo in the MENA region, has officially opened at the Dubai World Trade Centre. This two-day event brings together leading brokers, fintech innovators, and service providers, offering a platform to showcase the latest trends and opportunities in the trading industry.With trading activity in the Middle East on the rise, the expo arrives at a […]

Foreign exchange and payments solutions provider Finseta (LSE: FIN) reported strong financial performance for 2024, with underlying revenue climbing 26% to £11.3 million as the company expanded its customer base.Finseta Reports 26% Revenue Growth in 2024, Driven by Customer Base ExpansionThe London-listed fintech firm saw its active customer count rise to 1,059 from 906 in the previous year, […]

Deribit, a major venue for trading cryptocurrency options, is reviewing offers from potential acquirers, according to a Bloomberg report. The American crypto giant Kraken expressed interest in acquiring the options trading platform but did not proceed further.The exchange could be valued between $4 billion and $5 billion.“Not Been Put Up for Sale”Although Deribit has not disclosed any plans […]

The US Securities and Exchange Commission (SEC) has sued billionaire Elon Musk over his untimely disclosure of his purchase of 5 per cent Twitter (now X) stock in 2022 before entirely buying the social media company. Disclosure Failure by Elon MuskUnder the SEC rules, someone buying more than a 5 per cent stake in a company must declare it within 10 calendar days of the purchase, which was 24 […]

Dogecoin (DOGE) made an impressive recovery today, becoming the fastest-growing cryptocurrency among the top 10 cryptocurrencies by market capitalization. The popular meme coin surged over 10%, rising from $0.3254 to a high of $0.361.This remarkable uptick boosted Dogecoin's market cap to over $52 billion, ranking seventh on the crypto list, according to CoinMarketCap. At the time of publication, […]

Roula Pelehrinis, a seasoned executive in institutional sales, transitioned from her role as Director of Institutional Sales at TopFX to Advanced Markets, where she will serve as Vice President of Institutional Sales for EMEA. Pelehrinis brings a wealth of experience from her tenure at several prominent companies in the FX industry. After joining TopFX in 2023, she witnessed significant changes […]

In the dynamic world of foreign exchange trading, success often hinges on a trader's ability to combine different analytical approaches effectively. While many traders rely solely on technical analysis, incorporating fundamental data through the forex calendar can significantly enhance trading outcomes. This comprehensive approach not only helps identify potential trading opportunities but also […]

Klarna has entered into a new distribution partnership with Stripe to expand its reach ahead of its planned IPO in the US. The collaboration will make Klarna’s buy now, pay later (BNPL) service available to merchants using Stripe's payment tools in 26 countries.The deal is significant for Klarna, which is preparing for its IPO in the United States. The company confidentially filed for the […]

Tomasz Horaček is leaving his role as the Head of Global Service Centres after serving for four and a half years. Today (Tuesday), the executive bid farewell, leaving behind a legacy of resilience and growth within the company's operations across Poland, India, and South Africa. A Focus on Global OperationsHoraček joined IG Group in 2020 and quickly took charge of its service centers, which […]

Bitcoin's price (BTC) is making significant gains on Tuesday, January 14, 2025, adding over $2,000 to its value. However, Monday saw the market shaken, with the price briefly dropping to a two-month low below the critical $90,000 psychological level.In this article, I review what triggered the sudden drop, why the Bitcoin price is going up today, and how to interpret the bullish pin bar above the […]

Copy trading has generated 6 to 20 per cent of brokerages' trading volume in the last couple of years, according to Brokeree Solutions, a provider of copy trading technology. In 2024, brokers that run active copy trading campaigns and properly integrate it across other services had 10 to 20 per cent of their trading volume generated from copy trading.However, Brokeree pointed out that the figures […]

Global fintech ad trading technology provider Equiti plans to launch the Equiti Global Balanced Fund under its wealth management arm, Equiti Wealth. The firm has received in-principle approval from the UAE's Securities and Commodities Authority for this offering. Equiti Wealth is a global multi-asset platform customized for long-term investment needs. It aims to make wealth management inclusive […]

Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million.Gate.io Reports Record $3.8 Trillion Volume in 2024, Claims Fourth Market PositionThe platform's spot trading reached $1.8 trillion while contract trading hit $2 trillion, cementing […]

Trading communications provider IPC Systems announced today (Tuesday) its acquisition of software communications firm Intracom Systems, expanding its technology offerings in the financial services sector.IPC Expands Trading Communications Suite with Intracom Systems AcquisitionThe transaction, whose financial terms weren't disclosed, combines Intracom's push-to-talk matrix technology with IPC's […]

IUX, a global online trading platform for institutional and retail traders, has integrated several services from Integral, a currency technology provider. The integration includes Price Engine, Risk Management, and MetaTrader 5 Gateway.IUX Enhances Trading with Integral Technology"Our mission has always been to provide our customers with a uniquely secure, transparent and seamless trading […]

Markets continue to remain extremely volatile, prompting plenty of trading activity, volumes, and an exploration of the latest strategies. Among these are copy trading, which has routinely been some of the most popular amongst investors and a stable of many brokerage offerings. However, are times starting to change, with this practice falling out of favor, or are rumors of its demise vastly […]

XRPUSD has shown strong upward momentum recently. Coingape data indicates a 5.94% surge in the last 24 hours. The market's attention is now on the SEC's 15th January deadline to file its opening brief in the appeal against Judge Torres' ruling in the Ripple case. There is speculation that the SEC might not pursue the appeal.XRP Outflows Rise Ahead of SEC DeadlineThe price increase is also […]

Pico, a provider of technology services for financial markets, and BMLL, a provider of coordinated historical data and analytics, have announced a strategic partnership. The partnership aims to meet the growing demand for simultaneous access to real-time and historical data, with the goal of improving research, liquidity analysis, and trading outcomes.Unified Data Solutions for Financial […]