September 28, 2022 BY Steffy Bogdanova

Crypto.com obtains regulatory approval in France

Kris Marszalek, CEO of Crypto.com, commented: The European market is central to the long-term growth and success of Crypto.com and we are tremendously proud to now receive registration in France from the AMF. We look forward to continuing to work with the AMF and the ACPR as we introduce our products and services in France,…

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Equiti Capital Financial Results FY21
September 28, 2022 BY Steffy Bogdanova

Equiti Capital UK sees 113% surge in profit for FY21

Paul Webb, a director of Equiti Capital UK, commented: With our ambitious business plans and investment in strategic elements of the business, Equiti Capital continues to see the potential for strong growth in revenues over the next financial year. The company has been focused on turning the Group’s UK entity, Equiti Capital UK into a…

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Daily Market Commentary
September 28, 2022 BY Steffy Bogdanova

Daily market commentary: The euro touches a fresh 20-year low

The war in Ukraine presents many risks for the old continent, both in the geopolitical and economic sphere, and the recent escalation related to the sabotage of the Nordstream pipelines, it appears that Europe may be about to face a very difficult winter. Against this background further euro weakness may be on the cards. Ricardo…

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September 28, 2022 BY Steffy Bogdanova

VT Markets introduces 51 new ETFs trading options

The new ETFs cover a range of trading instruments including stocks, bonds, and indices across various industries from different global exchanges. Among the ETFs for the technology sector are US Technology ETF (IYW) and Vanguard Information Technology ETF (VGT). The bond ETFs include a wide selection of bonds diversified by type, issuer, maturity and region,…

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September 28, 2022 BY Steffy Bogdanova

eToro and OpenPayd roll out embedded finance proposition in Europe

Furthermore, OpenPayd’s API-based solution enables eToro to significantly speed up payment processing times and remove the possibility of human error. Kreeson Thathiah, Director of Payments at eToro, said: This partnership is an example of embedded finance in action; it’s a significant evolution in how we build innovative financial services. Working with OpenPayd – who’s platform…

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State Street Global Advisors hires Yie-Hsin Hung
September 27, 2022 BY Steffy Bogdanova

State Street Global Advisors appoints Yie-Hsin Hung as President & CEO

Joining from New York Life Investment Management (NYLIM), Hung has served as CEO since 2015. During her tenure at the firm,  she has led a multi-boutique, global investment management business that provides a broad range of fixed income, alternatives, equity and ESG capabilities. Additionally, Hung led NYLIM to achieve an almost four-fold increase in assets…

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September 27, 2022 BY Steffy Bogdanova

IC Markets releases new marketing campaign

IC Markets CEO Andrew Budzinski commented: Top Gun is an iconic film and is fundamentally about using skill and the right tools to harness potential and to achieve goals.  We know our traders come to IC Markets because they are drawn to the features and benefits we offer that will help take their trading to…

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FTX
September 27, 2022 BY Steffy Bogdanova

Crypto exchange FTX US wins bid to acquire Voyager’s assets

The official announcement stated: FTX US's bid maximizes value and minimizes the remaining duration of the Company's restructuring by providing a clear path forward for the Debtors to consummate a chapter 11 plan and return value to their customers and other creditors. At the end of last March, Voyager has 3.5 million users and 1.19…

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Daily Market Commentary
September 27, 2022 BY Steffy Bogdanova

Daily market commentary: Stock indices climb in Europe, following a positive trading session in Asia

That said, the Stoxx-50 index still trades inside its short-term bearish channel, currently close to the upper band, while the RSI indicator may indicate a potential lateral consolidation to come. The overall sentiment remains clearly bearish for riskier assets and investors are likely to stay focused towards macro developments with today’s speeches from Fed chair…

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