PLUGIT Tops Awards at Dubai 2023 iFX EXPO

The 2023 Dubai iFX EXPO was another outstanding event. During the event’s three days, we reconnected with old friends and introduced the latest generation of PLUGIT products to new partners. As always, our booth was a hive of activity, with our sales and customer success teams showcasing our range of intelligent solutions to brokers worldwide.…

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Alameda Research Exempt From FTX Credit Limits

FTX Exposure Alameda

It’s been an eventful few weeks since FTX’s November Chapter 11 Bankruptcy filing, and more and more details behind the Sam Bankman crypto empire are coming to light. One of the main issues centers on what might appear to be the preferential treatment extended to Alameda Research in their dealings with FTX. Alameda was routinely…

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More Bad News For Crypto As BlockFi Follows FTX

BlockFi Follows FTX

This week, there is more bad news for the beleaguered crypto world as BlockFi, one of the biggest centralized crypto lenders, files for Chapter 11 bankruptcy, hot on the trail of FTX. The news wasn’t particularly unexpected. BlockFi was highly exposed to FTX, pausing withdrawals from the platform earlier this month due to the problems…

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PLUGIT Scoops Award At FMLS 2022

The FMLS (Finance Magnates London Summit) is always one of the calendar’s highlights, and this year was no exception. Organized by Finance Magnates, the London event is always very well attended, and the awards up for grabs are always hotly contested. FMLS awards work on a voting system where only summit participants and attendees can…

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The Hits Keep Coming For FTX!

Sam Bankman-Fried resigns as CEO, FTX files for Chapter 11 bankruptcy, and then, surprise, surprise, over $600 million goes missing from FTX wallets! The initial reaction to the missing millions was speculation that this must have been the work of a regulator trying to safeguard client funds. It didn’t take long for the official FTX…

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A Look At The Best CFD Trading Platform

A CFD trading platform from MetaQuotes, in the form of MT4 and MT5, has been the standard other platforms have been judged by for many years now. Given the massive rise in the popularity of online CFD trading, the emergence of other trading platforms was simply a matter of time. The last few years have…

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EU Prepares Rules For Instant Payments In Euros

EU Instant Payments

Reuters has reported that the European Union is preparing legislation that would force banks in the Eurozone to offer their customers instant transfers and payments denominated in the common currency, the Euro. According to the drafts of the new regulations, only 11% of all Euro transfers were transacted as euro instant payments. The draft of…

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What Is KYC Onboarding And Why It Matters

KYC Onboarding

What is KYC onboarding? KYC onboarding refers to the Know Your Customer process that all regulated entities must perform before taking on a new customer. KYC onboarding aims to prevent money laundering and tax evasion. It also prevents PEPs (Politically Exposed Persons) from regulated financial services without full disclosure, potentially leading to insider dealing, depending…

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What Is Social Trading? A Detailed Definition

What Is Social Trading

So what is social trading exactly, and why has it gained such a strong following over the last few years? Let’s dive into this modern trading phenomenon for the answers. What Is Social Trading? Social media may have taken over most aspects of our daily communications, but it is relatively young. The first genuine social…

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Nonfarm Payroll (NFP) Risk Management Solution

Nonfarm Payroll Report

Risk management is a big part of your operations. That is particularly true around major economic releases such as the Nonfarm Payroll. Risk management around these events is crucial. The US Bureau of Labor Statistics releases the nonfarm payroll report, which tracks the growth in new jobs in all non-agricultural businesses and is one of…

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