March 24, 2023 BY Steffy Bogdanova

ESMA fines S&P €1.11 million for premature release of credit ratings

ESMA found S&P Global Ratings Europe Limited guilty of three contraventions, which included internal control and transparency breaches. The financial market supervisor fined S&P €825,000, €210,000, and €75,000 for each of the violations, respectively. The credit agency can challenge the decision before the Board of Appeal of the European Supervisory Authorities. S&P Global Ratings is…

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March 24, 2023 BY Steffy Bogdanova

Compagnie Financière Tradition’s profits jump 40% in 2022

The Group's activity grew during the year, with reported consolidated revenue of CHF 947.4 million compared with CHF 873.6 million in 2021, an increase of 10.5% at constant exchange rates or 8.4% at current exchange rates. Reported operating profit for the year was CHF 94.2 million against CHF 73.2 million in 2021, an increase of…

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March 23, 2023 BY Steffy Bogdanova

Natasha Kassar joins TrioMarkets as CEO MENA

Throughout her career, Kassar has worked with several big brands. According to her LinkedIn profile, she joins TrioMarkets from working as a freelancer as the Head of Business Development. Kassar has previously worked at Mauritius-regulated FX/CFDs broker EverestCM. The company seems to no longer be operating. She started at as head of business development in…

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FP Markets cTrader
March 23, 2023 BY Steffy Bogdanova

FP Markets adds cTrader to trading platforms suite

FP Markets Demo or Live Accounts holders can use cTrader and access the platform on both desktop and mobile devices. The FP Markets cTrader trading platform allows traders to hedge, scalp, and the use of automated or manual trading strategies. The solution offers fast execution speeds, customisable interface, advanced charting capabilities, and a broad selection…

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March 22, 2023 BY Steffy Bogdanova

Apex Group taps Crypto Finance for crypto investment solutions

Bruce Jackson, Chief of Digital Asset Funds and Business at Apex Group,said: Today’s announcement is an important next step in our global strategy of institutionalising digital markets, enabling institutional capital to access this digital asset class within the same secure and regulated framework they are familiar with from the traditional financial markets. Apex Group and…

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Acquisition
March 22, 2023 BY Steffy Bogdanova

State Street acquires CF Global and expands outsourced trading

State Street’s Global Head of Portfolio, Dan Morgan, said: Market volatility , margin compression, increased regulation, and cost pressures have presented multiple challenges for investment managers. Survival and growth depend on the ability to streamline processes, reduce costs and integrate infrastructure to allow more focus on core competencies of investment selection and alpha generation. With…

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