NinjaTrader Clearing, LLC (NTC) has been hit with a substantial $983,425 penalty by the Commodity Futures Trading Commission (CFTC) due to the company’s failure to properly supervise its employees
Forex News
The Italian financial regulator, Consob, has ordered the shutdown of four websites for offering unauthorized financial services. The affected companies include FCapital24, Multibank Group, Stocket, and TGFInvest. Consob has directed
ASIC (Australian Securities and Investments Commission) has issued a warning to CFD (Contracts for Difference) providers, urging them to stop offering illegal “margin discounts” to retail clients. This practice, where
Exness, a leading global multi-asset broker, has announced a significant reduction in trading spreads for gold (XAUUSD) and oil (USOIL), effective immediately. Starting today, gold spreads have been reduced by
Online broker eToro has teamed up with Deutsche Börse to introduce over 290 additional German-listed stocks to its platform, significantly expanding investment options for users. This partnership enhances the trading
The Cyprus Securities and Exchange Commission (CySEC) has imposed a €50,000 administrative fine on IC Markets (EU) Ltd for breaching several regulatory provisions. The decision was made during CySEC’s
Expected Rate Cut: The Bank of Canada (BoC) is widely anticipated to reduce its policy rate by 25 basis points, bringing it to 4.25%. Canadian Dollar Impact: The CAD
Danske Bank analysts note that while economic growth is slowing as expected, the risk of a recession remains low. They’ve slightly raised their 2024 GDP growth forecast to 2.5%
The Australian Securities and Investments Commission (ASIC) has revoked the Australian financial services (AFS) licence of CFD and Forex broker FXOpen AU Pty Ltd. This decision followed an ASIC investigation
Geneva-based Retail FX and CFDs broker, Dukascopy Bank SA, faced significant financial challenges in the first half of 2024, with revenues continuing to decline and the company reporting its first