The most recent forex news
Analysts: Evergrande Crash Shouldn’t Be Compared to Lehman
On Thursday, the stock markets of Western European countries are growing confidently today following the rise in US indices following the results of the previous trading session. The latter rose thanks to the hopes of investors that the Republicans and Democrats in the US Congress will reach an interim agreement that will allow the country […]
London Summit 2021 on Pace for Largest Gathering Yet
London Summit spotlights the industry’s return to physical conferences, touching on the hottest trends in the financial services sector. The world is ready to get back to business and with that comes London Summit 2021. This fall will see the return of the industry’s marquee conference at the Old Billingsgate on November 16-17 in London. Finance […]
Stock Markets in Hong Kong and Japan Trade in Negative, Australian Index Rises
The indices of exchanges of the countries of the Asia-Pacific region (ACAP), which work on Monday, change in different directions during trading. While the Hong Kong and Japanese stock markets are trading in the red (which is alerting), the Australian indicator is higher. The exchanges in mainland China and South Korea are closed due to […]
In 2 years CONSOB has blocked 500 suspicious platforms
The main financial regulatory body of Italy, Commissione Nazionale per le Società e la Borsa, CONSOB, responsible for the Italian securities market has started its crackdown against financial frauds back in July 2019. In just two years, the company has already blocked over 500 suspicious financial platforms. Recently, the company has added additional 10 names […]
Do global events affect Forex markets?
The world’s largest and most active financial market is the foreign exchange or FX market. Individuals from across the world participate in billions of foreign exchange transactions each day. Because of the worldwide and interconnection of the Forex market, events from every corner of the world can have an instant effect on exchange rates and […]
WallStreetBets Saga – Illustrated Timeline and History
After lockdown orders of spring 2020 and the shattering global economy Reddit users of r/WallStreetBets, high-risk retail investors’ subreddit, immediately seized their opportunity to hit the stock market. People jokingly describe these virtual community members as a group of primarily lower-middle-class individuals who are no-hitters in society and who are desperate to find a way […]
How to Choose The Best Trading Platform For You in 2021?
Trading education is the most solid foundation for building a trading career, but on top of that, people need to consider that an effective pack of tools is also necessary to cope with challenging conditions. There had been a lot of debate around inflation worries during the past several weeks, leading to uncertainty, which makes it more […]
3 factors challenging the Forex market
There’s no denying that the global stock market has adapted and developed in recent years. The trading market is growing ahead of everything, thanks to modern tech-based technologies and broker demands. Brokers’ roles aren’t changing on online sites, which is unsurprising. The stock exchange is constantly fluctuating. Traders can be their own greatest enemy at […]
ASIC bans broker director and employees from providing financial services
The Australian Securities and Investments Commission, ASIC, which is the main financial regulatory agency of Australia, has recently made an announcement saying that it has banned the director of one of the companies, Shlomo Yoshai, and four other former employees of the company who have worked there for years from providing any type of financial […]
Whistleblower awarded more than $9.2 million by SEC
The Securities and Exchange Commission is a large independent federal agency of the United States aimed at protecting investors and the national banking system. The main purpose of the body is to take adequate actions against market manipulation. The body has recently announced that it was awarding a whistleblower more than $9.2 million for providing […]
ASIC’s new restrictions to come into full effect on March 29
The main regulatory body of Australia, the Australian Securities and Investments Commission, simply known as ASIC, previously announced that it would impose new restrictions regarding the retail trading of the contracts for differences, CFDs, market. The impact of the new restriction will be huge since it will make Forex brokers cut down the leverage to […]
BaFin: CFDs brokers regulated in EU are not following German regulations
The main regulatory agency of Germany, the Federal Financial Supervisory Authority, simply known as Bafin, has recently published a statement saying that some of the CFDs brokers that are regulated and authorized by other regulatory agencies of the European Union are not following the local regulations and restrictions in Germany. In the European Union, the […]