We have prepared a digest for you with the biggest news and updates in blockchain, Forex, and cryptocurrency companies. Check them out:
Financial Commission approved IC Markets
According to an independent external dispute resolution (EDR) organization and information published there, it shared membership with IC Markets.
So the firm has approval from the biggest regulator of the Forex market and the whole industry.
As the latest provider to join the ranks of the self-regulatory organization, clients of the company will be able to use a big set of tools and membership solutions.
Saxo implemented nine crypto and forex pairs to TradingView
The firm announced that it had implemented new pairs. So, customers will be able to use new assets in a margin profile, having no need to utilize a cryptocurrency wallet.
It is crucial to note that the new solutions follow an extension of Saxo’s offering with 520 stock tickers implemented in the middle of this fall. They included some of the most traded firms from the biggest European and Asian stock exchanges.
Rakuten Securities shut down its purchase orders for stocks of 10 American firms
Not so long ago, the organization announced that the company had changed its set of trading tools. Starting this December 3, the firm will shut down, receiving new buy orders for the stocks of 10 American companies. Rakuten did not inform about the details of this decision.
Regarding this solution, all buy orders will not be accessible by the morning of December 3 this year.
Clients with positions in these shares will be eligible to place sell orders after this date.
Court supported Interactive Brokers in Ponzi fraud lawsuit
The company confirmed its disagreement with claims that it followed a Ponzi scheme. The Court announced its decision and planned to support the firm and has granted its motion to stop the case.
Not so long ago, Benjamin Chang and other victims accused the firm of a Ponzi scheme. These illicit and fraudulent activities led to the breach and the loss of approximately $14 million of investor contributions.
LiteForex announced its rebranding. It will be named as LiteFinance
According to the information, published by the retail forex broker, it is the first step in a vast rebranding of the company. It plans to change its design as well as its structure.
The brand-new corporate identity reflects its greater focus on a multi-asset providing customers with a wide set of solutions. Not a forex-only broker. It also completes its ongoing transformation to having a diverse and quite random list of coins.