Prop Trading: Funds For Traders Closes Operations
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…
Equiti Group Announces Sleeve Sponsorship of Abu Dhabi’s Al Wahda FC
Global fintech group Equiti has announced its sponsorship of Abu Dhabi’s Al Wahda Football Club. According to a statement by the company today (Thursday), Equiti will become the club’s sleeve…
What’s Next for Payments in APAC?
The rapid expansion of the payment ecosystem from P2P transaction to crypto adoption makes the pace of change hard to track. Nowhere is this acceleration more prominent than the Asia-Pacific…
Robinhood Hits 24 Million Funded Customers as Trading Volumes and Assets Surge over 50%
Robinhood Markets (NASDAQ: HOOD) has released its monthly operating data for July 2024, showcasing strong growth across multiple key metrics, especially compared to the same month a year before. The…
Adyen Expands in India with RBI Approval for Online Payment Aggregation
Adyen, a global payments platform, has expanded its operations in India. This follows the authorization from the Reserve Bank of India (RBI) to function as an Online Payment Aggregator. The…
Mexican Peso No Longer ‘Super’. Forecast as of 06.08.2024
The Mexican peso has demonstrated consistent strength since the spring of 2020, reaching an eight-year high against the US dollar in April. However, the market dynamics shifted significantly by the…
US to invest $2.2 billion to overhaul national power grid
(Reuters) -The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats of extreme weather events. The U.S.…
Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price
By Nia Williams (Reuters) – The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus U.S. crude but three months in the differential…
US to invest $2.2 billion in the nation’s power grid
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Dollar rebounds after hefty losses; euro, sterling slip
Investing.com – The U.S. dollar rose Tuesday, reversing some of the recent losses as a degree of calm returned to the foreign exchange markets. At 06:20 ET (10:20 GMT), the…
