• Coinbase Launches Offshore Crypto Derivatives Exchange

    A US-based Crypto exchange company Coinbase has recently unveiled the launch of its international entity of Crypto Derivatives Exchange in Bermuda as a part of its global expansion strategy. This strategic move comes as the company faces regulatory headwinds at home. Coinbase’s new offshore cryptocurrency entity, named Coinbase International Exchange, will enable non-US institutional users...

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  • Oil Prices Stabilize as Russia Deems Further Production Cuts Unnecessary

    Thursday saw a stabilization in oil prices, mitigating some of the previous session’s losses, following Russia’s announcement that OPEC+ does not foresee a need for additional output reductions. Alexander Novak, Russia’s Deputy Prime Minister, characterized the oil markets as balanced. Russia is a member of the OPEC+ consortium of oil-producing nations that earlier this month...

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  • Orbex Announces “Trading Masterclass” Live Webinar Series

    Orbex, a multinational investment firm that is regulated by multiple jurisdictions, has unveiled the launch of its new “Orbex Trading Masterclass.” This comprehensive live trading webinar series will be hosted by renowned market analysts and industry experts and is set to run from May through June 2023. Participants who complete the entire Masterclass will be...

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  • FXCM Launches New Platforms in Response to All-Time High Retail Volumes

    FXCM, a leading online FX and CFD broker, has announced the launch of two new platforms in partnership with Adaptive Financial Consulting, a trading technology provider. According to FXCM, the new platforms are designed to support a larger number of instruments and a progressive web application (PWA) that provides greater access globally to its products...

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  • Twitter Partners with eToro to Bring Stock and Cryptocurrency Trading to Users

    Twitter is set to introduce a new feature in partnership with social trading company eToro that will allow users to access stocks, cryptocurrencies, and other financial assets directly through the platform. The integration will expand Twitter’s existing cashtags feature and enable users to buy and sell assets via eToro. Currently, Twitter users can view real-time...

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  • CMC Markets Introduces Investment Platform for Singapore

    CMC Markets has revealed the ‘soft launch’ of its latest online and mobile trading platform, “CMC Invest,” in Singapore. This development represents another significant step in the UK brokerage’s geographical expansion, following its recent in-principle approval for a Singapore stockbroking-related entity. The launch is part of CMC’s ongoing effort to diversify and broaden its global...

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  • HFM Adds More Popular Stocks On MT4

    HFM, a globally recognized broker for multiple assets, has expanded its product offerings to over 3,500 as part of its continued commitment to providing a superior trading experience and diverse portfolio opportunities for its clients. CFD stocks of new blue-chip assets from the US, Germany, and France have been incorporated into the MT4 platform of...

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  • Stock Indexes Rise and Dollar Weakens While Oil Rallies

    Stock indexes advanced on Thursday, although they finished below session highs, while the dollar declined as investors shifted their focus to upcoming inflation data and the interest rate hike outlook. Longer-dated U. Treasury yields fell in anticipation of Friday’s personal consumption expenditures (PCE) data release. Economists predict core prices to have risen by 0.4% in...

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  • ZuluTrade Gains FSC Approval to Offer Wealth Management Services, Expanding Its Market Presence

    Social trading leader ZuluTrade has announced its expansion into the wealth management sector, following approval from the Financial Services Commission (FSC) of Mauritius (Licence No. IK21000018). As a member of the Finvasia Group of companies, ZuluTrade can now provide an array of wealth management services, broadening its offerings to investors and brokers alike. In January...

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  • Credit Suisse Shares Surge After Swiss Central Bank Backstop and Debt Buyback

    Credit Suisse shares have made a strong recovery, increasing by over 20% on Thursday, after the bank announced plans to borrow up to CHF 50 billion ($54 billion) from the Swiss National Bank (SNB) and buy back around CHF 3 billion worth of its debt. The move aims to improve liquidity and ease investor concerns...

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