Silver
price collapsed 11% in its steepest single-day plunge since September 2020,
hours after touching a record $84.01 per ounce, as traders rushed to book
profits following an extraordinary year-end rally that pushed both gold and
silver into...
Stephane Malrait has announced on LinkedIn that he will take
on a new role as Non-Executive Director at the Financial Conduct Authority. He
described the move as an opportunity to contribute to the development of
financial markets.On the post,...
As
the industry digests the findings of IOSCO's review of the practice of hedging
anticipated client trades, dealers are adamant that it is a procedure that benefits
clients as well as those executing the trade. Pre-hedging
(otherwise known as...
South Africa's financial regulator withdrew the
license for the online trading platform Banxso. Financial Sector Conduct
Authority (FSCA) cited concerns regarding the firm's operational practices and
potential risks posed to clients. The FSCA...
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