The Intercontinental Exchange reported an 18% drop in monthly forex trading volume.
The Intercontinental Exchange, which clears the housing and services OTC markets, showed weak benchmarks in October forex and credit volume, averaging 58,000 contracts a day.
U.S. retail foreign exchange deposits fell by $25 billion in September 2022, CFTC data showed, as U.S. broker-dealers struggled to take profits in a tighter regulatory environment.
FTX, the world's second-largest cryptocurrency exchange, filed for Chapter 11 bankruptcy protection on Friday afternoon, citing liquidity problems and customer withdrawals due to a bank-like crisis. Founder and CEO Sam Bankman-Fried has stepped down.
The Bahamas Securities Commission has frozen the assets of a local subsidiary after the founder of struggling cryptocurrency trader FTX tried to raise billions to avoid bankruptcy.
The world of cryptocurrency trading markets can sometimes feel like uncharted waters, with new trends, buzzwords and seemingly unattainable goals.
Saxo Markets UK, the FCA regulated broker, has appointed Simon Camiller as chief operating officer and member of the management committee with immediate effect.
Tether, the world's largest stablecoin issuer, has distanced itself from the liquidity crisis caused by cryptocurrency exchange FTX and its trading arm Alameda Research, saying it is not affected by Samuel Bankman-Fried's crypto empire.
Decentraland is an online virtual city where anyone can create, experiment and monetize content and applications.
The president of the European Central Bank, Christine Lagarde, said that the European Commission is preparing to present a legal proposal in the near future that will confirm the legal price of the digital euro and define its privacy features.
