Binance introduced a pre-market spot trading feature to enable cryptocurrency investors to buy and sell tokens before their official market listing. The new service enables users to trade tokens generated from selected Launchpool projects ahead of their spot market listings.According to the official statement, this approach targets Launchpool participants and promises to broaden the trading
Posts published by “Jared Kirui”
The US Court of Appeals for the Third Circuit raised concerns over the Securities and Exchange Commission's (SEC) denial of a rulemaking petition by Coinbase. The exchange, the largest in the US, has criticized the SEC for the lack of clear rules for the industry. Coinbase and SEC Face Off The legal battle between Coinbase
The volatility in proprietary trading has claimed another victim. Funds For Traders has announced to its users that it will be ceasing operations. The company blamed the suspension of services on Eightcap's decision to stop supporting MetaTrader 4 and MetaTrader 5 platforms for prop trading. Suspension of MT4 and MT5 Platforms“We regret to inform you
Trading 212, a fintech firm offering cash equities and contracts for differences (CFDs), acquired FXFlat Bank GmbH in an expansion into the German market, the latter announced. This acquisition aims to provide German investors with access to Trading 212's zero-commission investing platform, an offering promising to disrupt traditional brokerage models in the UK and Europe.Trading
This week, there was a slight uptick in notable executive hires, promotions, and departures compared to last week. In this exclusive coverage, we focus on the notable moves in fintech, investment banking, regulatory, forex, proprietary trading, and capital market sectors. LMAX onboarded a new Managing Director to spearhead growth strategy...
Forex and CFD brokerage firm iFOREX has launched an AI trading assistant designed to answer traders' questions. This tool, available on the iFOREX website, aims to enhance users' overall trading experience. The new offering reportedly answers trading-related inquiries on the spot.Understanding Market ConceptsAccording to the press release...
US regulators are set to overhaul settlement times for securities trades next May. While this move is expected to have a positive impact, it brings significant concerns for over $1 trillion in Exchange-Traded Funds (ETFs). Market experts warn that the upcoming change will lead to increased costs and operational complications...
Quantum FinTech Acquisition Corporation, a special purpose acquisition company listed on the New York Stock Exchange (NYSE) under the symbol QFTA, has received approval from its stockholders for a proposed business combination with AtlasClear, Inc. This decision was made at a meeting held on November 3...
The Swiss Financial Market Supervisory Authority (FINMA) has issued licenses to a substantial 950 portfolio managers and trustees. These licenses are the culmination of 1,749 license applications received by FINMA as of June 30, the regulator said in a statement.The granted licenses were categorized into two segments: 931 institutions...
FTX and Genesis Global Capital have reached an agreement to resolve a dispute between the debtors of the now-bankrupt cryptocurrency companies. The agreement was disclosed in a letter that was filed by their lawyers in the US bankruptcy court for the Southern District of New York yesterday (Thursday)."The parties have reached an agreement in principle...