Trade Capital UK (TCUK) Ltd, the operator of the Trade.com brand in the UK, reported a yearly increase of over 216% in its annual revenue in 2022, closing with £759,240. It’s consistent with the company’s growth trend, having generated £240,009 in 2021, more than double its revenue from the previous year. Last year, the company …
iS Prime, a prime-of-prime broker, and retail FX/CFDs broker ThinkMarkets have settled their exclusivity lawsuit at the last minute. The settlement was reached on Tuesday, the expected trial date, according to Law360. In 2017, iS Risk (formerly known as IS Prime Risk Services), the risk management unit of iS Prime, acquired Think Liquidity from ThinkMarkets. …
The UK Financial Conduct Authority’s Market Watch report highlighted deficiencies in surveillance among contracts for difference (CFDs) providers. The report found that nine CFD providers in the country are not adequately addressing market abuse risks in non-equity asset classes. Even though the regulator’s findings were mostly positive and showed that all the CFD providers under …
FCA Identifies “Surveillance Gaps” in UK CFDs Providers Read More »
The European Parliament has overwhelmingly endorsed new cryptocurrency regulations, which should go into force from July next year. The new cryptocurrency regulations ensure that crypto assets can be outlined, preventing money laundering, terrorist funding, and additional criminal offenses. Large crypto service providers, often responsible for high carbon footprints, must also register their energy consumption. Those …
Cryptocurrency regulation approved in the European Parliament Read More »
According to Longview Economics CEO Chris Watling, the latest economic data in the United States indicates a recession is arriving. Investors may have to prepare for some not-so-pleasant events on the stock market. Talking on CNBC’s “Squawk Box Europe” on Friday, Watling said he considers a recession on the way and quoted some compelling and …
Latest economic data suggests US recession looming Read More »
Oil prices fell below $82 on international markets on Thursday, pressured by fears that an expected hike in interest rates in the US will slow down the economy and demand. According to the latest data published on OilPrice.com on Friday, the price of Brent oil continued to fall and is currently at $81.05, while Texas …
On Friday, soybean prices plummeted and are poised for a weekly decline amid slowing demand from the top importer, China. Besides, the latest US weekly reports weighed on the bearish cost. At the time of writing, the price of CBOT soybean futures for May was trading lower by 0.41% to $1,490.88 per metric ton. An …
On Thursday, the stock price of Clorox ended higher after saying it would slash 4% of its employee. It clarified that 200 personnel of its non-production workforce would lose their position. This decision was made to put a lid on costs due to economic slowdown concerns. At the closing bell on April 20, Clorox’s share …
Clorox Shares Rose Amid Announcement of Workforce Layoff Read More »
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