Oil futures fell sharply on Monday to mark their lowest settlement since February, following a decision by OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional voluntary reductions later this year...
Posts published in “Asides”
Shares of heavily shorted stocks are surging once again on Monday, following a Reddit post from an account long associated with Keith Gill, the trader widely credited with stoking the original meme-stock mania in 2021...
Exchange-traded funds that track Mexican equities were on track to suffer their biggest daily decline in over four years on Monday, after Claudia Sheinbaum’s victory in Mexico’s presidential election sparked investor concerns that her party’s landslide win could lead to constitutional changes...
Above-average management fees and overvalued investments are a toxic mix...
Top infectious-disease expert Anthony Fauci on Monday addressed some of the COVID-19 pandemic’s most heated controversies at a hearing on Capitol Hill...
In late 2019, Juventus launched the world's first blockchain-based fan token, promising a revolution in fan engagement. Fast forward to today, and every single fan token has experienced extreme volatility with prices mostly plummeting. This is not just a financial accident; it is a fundamental design failure...
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...
HFM, one of the biggest brokers regulated by the South African authorities and a global broker of choice, has been honored with the ‘Best Copy Trading Broker Award’ at FMAS:24 in recognition of their reinvented Copy Trading program and market leading trading conditions. Copy Trading, HFM’s innovative copy trading feature...
The annual Finance Magnates Africa Summit (FMAS) conference is a cornerstone event for the financial services sector, offering a platform for industry leaders to discuss the latest trends and regulatory developments. This year, FMAS:24 was particularly significant for Finalto SA, who's innovative ODP (Over-the-Counter Derivatives Provider) solutions garnered considerable attention.In this interview...