CFI Launches CFI Prime for Institutional and Professional Traders LeapRate
Brokerage firm CFI said last week that it has launched CFI Prime, a new division aimed at institutional and professional traders, offering bespoke liquidity solutions and advanced trading technology. The company said CFI Prime provides access to deep liquidity pools sourced from Tier-1 banks and top Prime-of-Prime brokers. The platform is also expected to deliver […]
Tesla Stock Plunges Over 6% In Pre-Market Trading: What’s Going On? – Tesla (NASDAQ:TSLA)
Tesla Inc. (NASDAQ) stock declined 6.32% in Monday’s pre-market trading session amid reports of weaker deliveries in Q1 and increasing protests against the company. What Happened: Tesla is bracing for a potential decline in Q1 vehicle deliveries. The anticipated drop is attributed to CEO Elon Musk‘s political affiliations and the increasing competition in the electric vehicle […]
Why Millionaires Use Frugality to Invest, Not Just Save
Most of us picture millionaires living in huge mansions, driving fancy cars, and wearing expensive watches. But the truth might surprise you. Many millionaires live much more simply than you’d expect. They aren’t just penny-pinchers trying to hoard money — they’re strategic about spending less to invest more. This approach isn’t about being cheap. It’s […]
Globex is open for the new week – US equity index futures lower
After a huge slump on Friday, US equities have opened weak in Sunday evening, US time, Globex trading. There was not a lot on the news front over the weekend to boost spirits. I just posted on Goldman Sachs views, they’ve jackecd up their inflation, unemployment (stagflation!), and recession risk forecasts: I noted in that […]
SIX Launches SIX Bulk API For Financial Data Management LeapRate
SIX has launched its SIX Bulk API, a high-speed financial data solution aimed at changing how firms manage, update, and integrate financial data into their systems. The firm explained in a press release that the new API provides instant access to large datasets, including corporate actions, equity and fixed income reference data, and end-of-day market […]
Commodity Trading Giants Continue to Rake In Billions Amid Cooling Market
In a less volatile market environment, the world’s leading commodity traders are still making historically high profits. What Happened: Top executives and bankers from the largest trading houses have indicated that, while earnings for 2024 and Q1 2025 are expected to be lower than the boom years of 2022-2023, they remain higher than almost any other time in history. These trading houses, […]
Frugal Habits vs. Investing: Which Builds Wealth Faster?
Have you ever wondered whether cutting back on your daily latte or investing that money would make you richer in the long run? It’s a common question many of us face when trying to build wealth. Should we focus on saving every penny possible, or should we put our money to work through investing? This […]
Nomura: Beijing’s cautious tariff response is pragmatic amid limited import alternatives
I saw this from Nomura on Friday and am a wee bit slow to post it. here it is now. – With U.S.–China trade tensions expected to escalate following the Trump administration’s latest “America First” policy review, China’s measured response to new U.S. tariffs appears to be a calculated move, according to Nomura. In a […]
USCA Securities Hit With FINRA Fine LeapRate
USCA Securities has been fined $75,000 by the Financial Industry Regulatory Authority (FINRA) for multiple violations, including failing to maintain its required minimum net capital and submitting inaccurate financial reports. USCA Securities has been fined $75,000 by the Financial Industry Regulatory Authority (FINRA) for multiple violations, including failing to maintain its required minimum net capital […]
Elon Musk Acquires His Own Social Media Platform X Through xAI In $33 Billion Deal, Says Combined Entity Now Worth $80 Billion
Elon Musk’s artificial intelligence startup xAI has acquired his social media company X, formerly Twitter, in an all-stock deal valued at $33 billion. What Happened: On Friday, Musk announced that xAI had officially acquired X, with the deal valued at $45 billion, including $12 billion in existing debt. The move combines Musk’s two high-profile ventures, […]