eToro also noted that the launch of the ISA solution will be based on “a phased approach” and more products will be integrated in the near future. Dan Moczulski, UK Managing Director, eToro said: We may be a global platform but we are constantly looking for ways to evolve our local offering, and the addition…
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Furthermore, blocks and exchange for related positions (EFRP) transactions traded a record 274,000 contracts on 8 March, 23% above than the previous record set in December 2022. Paul Houston, Global Head of FX Products, CME Group, said: We are pleased to see strong momentum in our FX futures and options products as our clients turn…
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FINRA stated: For example, the firm approved more than 2,500 customers under the age of 21 to trade options spreads, even though the firm’s eligibility criteria required customers to have at least three years of options trading experience before being approved for that trading level. FINRA also discovered that Webull's system for identifying and responding…
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Additionally, the Cypriot regulator warned the public that the website www.ims-crypto.com is not connected to an entity registered with CySEC as Crypto Asset Service Provider. The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment…
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Martin Price commented: The ambition of the management team, and the strategy they have set to grow the business, makes this an exciting time to join IG Group. IG’s track record of successful innovation to grow and diversify makes its equity story a particularly compelling proposition. I look forward to working with my new colleagues…
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The regulator stated in the official announcement: ASIC made the interim orders to protect retail investors from acquiring SYEP Derivatives where they may not be suitable for their financial objectives, situation or needs. ASIC is also concerned that the PDS is defective. According to ASIC, Interactive Brokers violated the regulations regarding TMD of SYEP Derivatives…
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Established in 2013 in London, Acuity leverages proprietary technology to extract and analyze rich sentiment data from global news sources, offering market insights. Its market signals rely on Machine Learning and Natural Language Processing technology. Acuity launched an R&D center in Barcelona, Spain in June last year. Acuity Trading, CEO Andrew Lane: Acuity works to…
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He added: I believe my experience will enable me to bring both short-term tactical advantages and long-term strategic benefits to our customers and partners. Ultimately, I want to help ATFX attain its global vision. ATFX noted that to meet customer demands, it will intensify its efforts to upgrade its platform technology, ensuring a more extensive…
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Portway's other industry experiences include his time at SEB's Singapore office as a Senior FX Dealer and at Scotiabank as the Director of FX Trading. Cal Portway said: I am really delighted to be joining Finalto and I am eagerly anticipating the opportunity to work alongside the talented team to propel the company's growth and…
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Mark Steward, the Executive Director of Enforcement and Market Oversight at the FCA, commented: Crypto ATMs operating without FCA registration are illegal, and we will take action to stop this. This operation sends a clear message that we will continue to identify and disrupt unregistered crypto businesses in the UK. The FCA has taken steps…
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