CySEC introduced the TPR in December 2020, following Brexit, so that UK companies can continue to offer their services to clients based in Cyprus. The regulator noted that it has received 96 applications to join TPR, of those 88 firms met the requirements. CySEC stated: Amongst the groups of the TPR Entities (the ‘TPR Groups’),…
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The company said: However, due partly to the extraordinary circumstances relating to the COVID-19 pandemic ... it has not yet been possible to complete the relocation of staff to the EU 27 or the local hiring of brokers in the EU-based offices of TPIE as quickly as originally planned. TP ICAP said it would finish…
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The company stated: Verification can take up to 24 hours to be processed, so please get started before 8 January 2021. If you don’t verify your identity in time, we won’t be able to transfer your account(s) to IG Europe and we may need to close them. When the transfer process is complete, the company…
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EUROPEAN SHARES European markets had a mixed opening on Tuesday after the biggest sell-off of the first trading session of a year since 2016. Despite vaccines being deployed, record virus numbers in many areas as well as full lockdowns in a few hotspots, like England, are denting this week’s market sentiment. While many traders keep…
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WHAT WILL DRIVE GOLD IN 2021? 2020 proved to be a positive year for gold with investors rushing to the long-established haven asset as the coronavirus pandemic triggered an economic and health crisis, but what are going to be the main market drivers for 2021? After the black swan event dominated 2020, the lingering effects…
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The new agreement will take effect on provisional basis on 1 January 2021. The agreement is expected to be approved by the European Council by the end of the year and its provisional applications are to apply until 28 February 2021. The European Parliament needs to make final decision on the final application of the…
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The company stated: If you have previously agreed to transfer your account to IG Europe but have not received confirmation that the transfer has taken place, please email the helpdesk / live chat us as soon as possible so we can look into this. Please note that, after 31 December, you will still be placed…
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EUROPEAN SHARES European stocks edged slightly higher on Wednesday, boosted by easing UK-EU tensions, with transaction volumes falling as we get closer to the end of the year. Investors continue to drive stocks higher, aiming to offset and fill the bearish gap left open at the beginning of the week, while market sentiment has received…
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ActivTrades’ London office, located near Tower Bridge, will remain the company’s headquarters and will continue to serve British and international clients alongside the brokerage’s base in Nassau, Bahamas. The Luxembourg office will become the new European reference point and be supported by ActivTrades’ offices in Milan and Sofia. The Luxembourg licence caps a great 2020…
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What to watch Cintas: Uniform and business supplies firm Cintas has added 28.6% to its share price year-to-date. While mass work from home has reduced demand for some of its services, it has led to a surge in demand for cleaning and disinfectant supplies. The firm delivers its latest set of quarterly earnings today, where…
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