Key Events in Forex Industry This Week

Sunday, 14 July 2024, 08:58

This week witnessed significant developments in the forex industry - from LCG's closure to NAGA's strategic move and the launch of SparkMarkets and BullRush. An unfortunate incident at the Limassol office also made headlines. The entry of new brands and the abrupt shutdown of LCG raise questions about the competitive landscape and safety measures in the industry.

LivaRava Finance Meta Image — Key Events in Forex Industry This Week

Weekly Forex Review:

This week, the LCG closure and NAGA's strategic shift caught attention.

New Brands Launch:

SparkMarkets and BullRush marked their entry into the trading market.

What led to LCG's shutdown and what are the implications for the industry?

The Limassol office incident also highlights security concerns in the forex sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.