Exclusive: Tradition’s ParFX sees further 13% decline in 2024 revenue to $4.1M
Exclusive FNG… FNG has learned through regulatory filings that ParFX, the wholesale electronic spot FX space owned by Compagnie Financière Tradition, posted a 13% drop in revenue and almost a halving in profitability in 2024, the company’s second consecutive annual decline in both the top and bottom lines. After falling 14% in 2023, ParFX’s revenue […]
The $4 trillion cryptocurrency in Singapore’s economic core
The scale of the global cryptocurrency market now demands attention from government regulators and institutional money. This article analyzes the critical market data and policy signals that defined the world’s largest digital asset conference in Singapore. The world’s leading financial professionals gathered at Marina Bay Sands for the 2025 edition of TOKEN2049. The annual event […]
Revolut receives CNBV approval for a Multiple Banking Institution in Mexico
After recently committing $37 million to set up a bank in Colombia, British neobank Revolut has announced that it has received final authorization from the National Banking and Securities Commission (CNBV), with the approval of the Bank of Mexico, to begin operating as a Multi-Banking Institution in Mexico. The company said this landmark approval is […]
eToro launches AUD accounts, boosting offering in Australia
Online broker eToro has doubled its offering in Australia with the launch of AUD accounts, giving users of the global platform a more localized experience. eToro will release several new updates that will improve the way Australians build wealth on the platform, including reduced currency conversion costs, cash interest, recurring investments and direct bank transfers. […]
Osaka Exchange to Increase Margin Amount on Gold and Platinum Futures
The margin amount for Gold and Platinum futures contracts (Gold Standard Futures, Platinum Standard Futures, Gold Mini Futures and Platinum Futures) on the Osaka Exchange, Inc. (OSE) increases significantly. The change reflects the rapid fluctuation in their prices of late. The amount of margin per contract, effective from open positions at the end of tomorrow’s […]
TradingView introduces real-time news alerts
TradingView introduces news alerts – a feature that notifies traders the moment a news story is published that matches their custom news feed filter. TradingView users can tap this feature to track events important to them — earnings, company news, macro moves — right as they happen. Many traders use fundamental analysis, a big part […]
Gold-i Enables Finery Markets-Sage Capital Institutional Liquidity Path for OTC Crypto
Finery Markets, a leading provider of no-book ECN and SaaS trading solutions, announced that it has expanded its liquidity partnership with Sage Capital Management to provide institutional clients with enhanced access to deep liquidity and competitive spreads across 200+ assets, significantly improving capital performance in the fragmented crypto market. This latest development is the result […]
CME Group Sets New Daily Composite Metals Record
The international derivatives market CME Group announced today that the volume of the metals complex reached a record of 2,829,666 contracts on Friday, October 17, 2025. The new high surpasses the previous record of 2,148,990 contracts set on October 9, 2025. “Demand for safe-haven assets is increasing as market participants work to address continued economic […]
Hong Kong regulator fines UBS $8 million for misclassifying professional investors
Hong Kong’s Securities and Exchange Commission (SFC) reprimanded and fined UBS AG $8 million for deficiencies in its internal systems and controls, resulting in the firm’s failure to ensure accurate classification of professional investors (PI) for more than 12 years. The SFC’s investigation revealed that, between 2009 and July 2022 (Relevant Period), UBS verified the […]
CFI opens office in Bahrain appointing Yaseen Alsamerrai as country CEO
Leading MENA-based online trading provider CFI has announced the official opening of its newest entity, CFI FINANCIAL (BAHRAIN) BSC CLOSED, along with the appointment of Yaseen Alsamerrai as Bahrain Country Managing Director. The company said this milestone marks an important step in the Group’s continued regional growth strategy and reinforces its commitment to serving traders […]