Latest Market News

Apr 21
German banking giant Commerzbank applies for crypto license

A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year as a first for a major bank in Germany. 4830 Total views 136 Total shares One of the largest banking institutions in Germany has confirmed that it applied for a local crypto license earlier this year, […]

Apr 21
U.S. oil futures end higher, but off the day’s best levels as traders weigh a potential European ban on Russian oil

U.S. oil prices finished with a gain Thursday, finding support from reports that the European Union is working on a plan to phase out oil imports from Russia. U.S. Treasury Secretary Janet Yellen on Thursday said during a press conference that it was essential for the EU to end its dependence on Russian energy, but […]

Apr 21
FCA secures £2,000,000 account forfeiture order

QPay Europe Limited, which claims to be a fintech start up offering due diligence and underwriting services, has consented to a court order to give up £2,000,000 held in its name following proceedings brought by the Financial Conduct Authority (FCA) under the Proceeds of Crime Act in the Westminster Magistrates’ Court. The money was initially […]

Apr 21
Binance limits services in Russia due to the EU’s 5th package of sanctions

Binance CEO previously said that crypto exchanges must comply with sanctions in a similar way to traditional financial institutions. 2326 Total views 24 Total shares Binance, the world’s largest cryptocurrency exchange by volume, is adopting major restrictions on users in Russia following the European Union’s fifth package of sanctions against Russia. Binance officially announced Thursday […]

Apr 21
United Airlines stock on track for best day in more than five months

United Airlines Holdings Inc. UAL, +10.70% stock rallied more than 11% Thursday after the airline reported first-quarter earnings late Wednesday and surprised investors by saying it expects to report a profit this year. The stock was on track to close at its highest since Nov. 9, when it closed at $52.81 and on pace for […]

Apr 21
Information Notice – 4/21/22

Notice Comments Summary Effective May 14, 2022, the Section 31 fee rate applicable to specified securities transactions on the exchanges and in the over-the-counter markets will increase from its current rate of $5.10 per million dollars in transactions to a new rate of $22.90 per million dollars in transactions. Finance-related questions should be directed to […]