EBC Financial Group has entered into a knowledge partnership with Brokeree Solutions to support education and knowledge-sharing in the area of copy trading. Brokeree is a technology provider for multi-asset brokers, while EBC is a global brokerage and asset management firm. Brokeree’s Social Trading system, which has been integrated with the cTrader platform developed by […]
Author Archives: BooBee
Britannia Global Investments (BGI), a UK-based brokerage firm providing custody and execution services for professional and institutional clients, reported a loss of £1.14 million for the year ended December 31, 2024, according to its annual financial statements released this week. The loss represents a 41% improvement from the previous year’s £1.95 million deficit. The company, […]
Institutional FX
Bloomberg System Failure Halts Live Data for 90 Minutes, Disrupts Trading and UK, EU Bond Sales
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Bloomberg experienced a service disruption today (Wednesday), causing delays in financial market data and affecting trading activity. The issue began around 9:30 a.m. and lasted for about 90 minutes. By 11 a.m., users reported that services had started to return to normal, Financial Times reported. Live Data Failure Halts Bloomberg Terminal The outage impacted Bloomberg’s […]
UBS Group AG (UBS) has agreed to pay $511 million to resolve a U.S. investigation into tax evasion practices at Credit Suisse, the Swiss bank it acquired last year. The settlement addresses allegations that Credit Suisse continued helping wealthy Americans hide assets from the Internal Revenue Service (IRS) even after a previous 2014 plea agreement. […]
BGC Group posted strong results for the first quarter, reportedly boosted by strong demand for foreign exchange and energy trading platforms. Revenue was $664.2 million for the first three months of 2025, a 14.8% increase over the same period last year. According to the company, the jump came as the company’s electronic and hybrid brokerage […]
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 […]
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; […]
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 […]
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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 […]