XTX Markets Posts 50% Profit Jump to £1.28 Billion on Trading Surge

XTX Markets, the algorithmic trading firm founded by former Deutsche Bank trader Alexander Gerko, reported a more than 50% increase in earnings for 2024 as the company capitalized on market…

Australia to Shut Down 95 Companies for Their Possible Links to “Hydra-Like” Scams

The Australian financial market regulator is going to shut down 95 companies with links to online investment and romance baiting scams, also known as ‘pig butchering’ scams, after obtaining a…