London Stock Exchange announced that it has welcomed global cybersecurity provider Avast to the Premium Segment of the Main Market. Raising $200 million in primary proceeds and $616.6 million in secondary proceeds, pre-greenshoe, with a valuation of $3.23 billion. Avast is the largest tech IPO across Europe in 2018 to date and one of the five…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Coperstone. Coperstone is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
Read moreThe following article was written by Amram Margalit, content manager at Leverate. You may have been thinking about whether to click on that “Deactivate Account” button in your Facebook page, what with the recent controversies surrounding the social media giant. From privacy issues to data misuse, Facebook is seeing big brands and personalities deleting their accounts. But…
Read moreMintBroker, a UK-based firm for active day trading of US shares, just announced that it has officially launched on 30 April, and celebrates the news with commission-free trading of US shares and options. Investors who want to actively trade on the US shares market can now do so easily and affordably with with MintBroker, which…
Read moreAlpima, the specialist front-office platform for institutional and professional investors, just announced the appointment of Anastasia Bikou as Managing Director of Sales. In this newly created role, Anastasia Bikou will report to Ilan Heimann, Head of Sales and Partnerships. Bikou joins Alpima from Goldman Sachs in London where she spent nine years and was most…
Read moreMetamako, provider of low-latency, FPGA-enabled network solutions, announced that it has now entered the security space with the announcement of its MetaProtect™ Firewall solution. The powerful 48-port (x10GbE) network appliance is designed to deliver new levels of ultra-fast firewall protection through packet filtering and logging. It is ideal for situations where a firewall solution is…
Read moreFCA regulated social trading focused broker Ayondo has announced results for its publicly traded arm Ayondo Ltd., indicating growing Revenues but a large loss in the first quarter of 2018. Ayondo's Q1 results release mark its first as a public company. Ayondo went public on the Singapore Exchange in March in a $16 million IPO.…
Read moreScotiabank announced that its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately CAD $130MM. Under the terms of the agreement, the two companies will also enter into a 15-year partnership to manage…
Read moreTP ICAP plc has issued a scheduled trading update in relation to the four month period from 1 January 2018 to 30 April 2018. Revenue in the four months of £601 million was 3% higher than the prior period, consistent with its full year guidance in March. Trading was marked by improved conditions in rates…
Read moreThe Securities and Exchange Commission (SEC) announced that it has charged New York-based investment adviser Premium Point Investments LP with inflating the value of private funds it advised by hundreds of millions of dollars. The SEC also charged Premium Point’s CEO and chief investment officer Anilesh Ahuja as well as Amin Majidi, a former partner…
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