BGC Group is buying back more than 16 million shares from its former Chairman and CEO, Howard W. Lutnick, now the U.S. Secretary of Commerce. The $151 million deal is part of Lutnick’s full divestment from the company, prompted by federal ethics requirements tied to his new Cabinet role. Share Sale Signals Full Separation BGC […]
Category Archives: Fintech
This article was written by Paul Margarites, Exness Regional Commercial Director Transparency in trading isn’t a marketing tool but a moral obligation. And in emerging markets, like those in Sub-Saharan Africa, where scam brokers continue to exploit regulatory gaps and client inexperience, it’s also a competitive advantage. At Exness, transparency is embedded in our systems; […]
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While it might seem that any popular trading platform would do, reality bites once a particular platform begins to limit your business. The good news is that it can also become your brokerage’s driving force. In this article, we’ll explore the core characteristics of next-generation platforms and demonstrate how ScaleTrade stands out among them. Modern […]
A former high-ranking Bank of America (BofA) investment banker is at the center of a prolonged Justice Department investigation examining whether confidential information was leaked ahead of a major $8 billion energy sector acquisition, according to Bloomberg. Ex-BofA Senior Banker Under DOJ Scrutiny in Insider Trading Investigation Jason Satsky, who previously served as global head […]
A recent market investigation by Germany’s financial regulator, BaFin, revealed that a significant majority of retail investors trading turbo certificates incurred substantial losses. Covering January 2019 to December 2023, the study found that 74.2% of these investors lost money, with average losses of €6,358 per losing investor. Total losses exceeded €3.4 billion during this five-year […]
Macro Global Markets, an ASIC-licensed forex and CFD broker, has implemented Takeprofit Tech’s risk management adding real-time leverage and swap control functionality to MetaTrader 4 platform, the companies announced today (Wednesday). Macro Global Adds Takeprofit Tech’s Risk Controls to MetaTrader 4 Platform The new deployment includes “Dynamic Leverage” and “Swap Control Center” tools, designed to […]