The Global Financial Marketplace & B2B Ecosystem

The Central Bank of Nigeria (CBN) has issued regulations that require issuers of foreign currency stablecoins used by Nigerians to incorporate locally.

Last week delivered the worst day for US technology stocks in six years. On Thursday, November 5, the Philadelphia Semiconductor Index fell 12%, its steepest daily drop since 2020, the Nasdaq Composite fell 5.5% into correction territory and the S&P 500 fell 4.3%. Micron and AMD each lost more than 17% in a single session. Then on Friday, the same stocks bounced, after a jobs report that came in at more than double expectations.

Toxic flow doesn’t only hit B-book brokers. In an STP model it shows up as wider spreads, more rejections and strained LP relationships. This guide explains what toxic flow really is, what it costs, the 35 patterns professional dealing desks monitor, and the practical steps to detect it and protect your brokerage.

The Monetary Authority of Singapore has launched a central bank gold vaulting service for foreign central banks, international financial institutions and sovereign entities, using a national vault that can hold up to 500 tonnes, and announced an enhanced GST framework for wholesale gold activities from April 2027.

24X Bermuda Limited has expanded its partnership with Standard Chartered to include digital assets prime brokerage, enabling Bitcoin and Ethereum trading on its multi-asset platform. Standard Chartered acts as central counterparty, with 24X running the execution-only platform for institutional crypto and FX products.

Learn how a demo trading account works, why beginners use it before live trading, and how to practice with virtual funds using a simple five-step guide.

Bitcoin faces resistance at $76,800–$80,800. Explore the BTCUSD bearish setup toward $71,000 and the bullish break-and-retest scenario targeting $86,500.

Raj Sitlani, Jonathan Brewer and Jeff Wilkins have launched JT Prime, a new institutional Prime of Prime business offering aggregated Tier 1 multi-asset liquidity to brokers, funds, family offices and proprietary trading firms, with a regulatory application pending and digital assets planned beyond FX and commodities.

The update adds strategy promotion, cross-platform sharing and guest browsing to STAR Copy.

GTN has appointed former Gemini and Kraken executive Mark Jennings as global head of digital assets, a new role leading its tokenisation strategy as more platforms bring traditional assets on-chain. Jennings previously led Gemini Europe and Crypto Facilities, Kraken’s FCA-regulated institutional derivatives venue.