Category: Business
Warner Music Group announced Tuesday it plans to list 70 million shares about three months after canceling the multibillion-dollar initial public offering. The label conglomerate aims to sell shares between $23 and $26 each and bring in as much as $1.8 billion, according to a Tuesday regulatory filing. The company will list shares on the Nasdaq […]
SafeCharge, a Nuvei company, announced SafeCharge Local a new solution for small businesses offering them alternative ways to accept digital payments in response to the Covid-19 crisis. Paylink sits at the heart of SafeCharge Local which enables consumers to make payments online. The new digital payments are supported by Visa and enables consumers to make […]
The Bank of Russia has recorded higher activity of illegal forex dealers offering their services online against the background of anti-pandemic restrictions and high volatility in financial markets. Many of these companies are registered abroad and are operating from foreign web resources. Almost all consumers entrusting their funds to such forex dealers ultimately lose their money. Illegal creditors have also increased their activity. Exploiting the fact that a lot of people […]
The European Union’s market watchdog is ramping up surveillance of hedge funds and other short sellers that may be taking advantage of the market rout caused by the coronavirus outbreak. The prohibitions apply, as follows: FSMA, Belgium · The measure bans transactions which might constitute or increase net short positions on stocks admitted to trading on Belgian trading […]
Blockchain payments processor BitPay has added support for three stablecoins – Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX). BitPay’s roll out will allow over 30,000 merchants, including Microsoft and Avnet, to accept payments in the three stablecoins from consumers. BitPay’s wallet users, as well as its prepaid cardholders, will […]
At least four Morgan Stanley traders have reportedly been fired or placed on leave over allegations that millions in losses were hidden through securities mismarking. (Mismarking occurs when the value assigned to securities doesn’t reflect what they’re actually worth.) Morgan Stanley discovered faulty pricing had been used for emerging market options contracts that cost the bank up […]
The new platform offered to brokers consists of web, mobile and desktop applications which make it a universal tool. It was designed to work in MT4/5 environment as well as a stand-alone trading system with its own backend infrastructure. The developers made sure that each broker can easily add Match-Trader’s web and mobile components to […]
Exness Focuses on B2B, Closes Retail Business in Europe & UK. The broker had previously mentioned that it wanted to focus more on its B2B operations. Exness, announced on Monday that it has decided to close its business in the EU are including the UK. Exness is licences in the EU through its two licences […]
MetaQuotes Ltd. has announced that Doo Tech, a global trading solutions provider, released the Bridge Cloud service for connection to the Hong Kong Exchange. By connecting the MetaTrader 5 platform to HKEX, forex brokers can extend their business and start offering futures instruments. Doo Tech strives to provide customers with a good trading environment and […]
Financial technology provider, Spotware has just announced that it has teamed up with the FCA regulated Prime of Prime and Liquidity Provider IS Prime. IS Prime is one of the latest key additions to our extensive list of partners. This collaboration will allow any broker or bank offering the cTrader to connect directly to IS […]
