Mohamed Al Ahmad, Co-Founder & Chief Managing Director of Equiti Group, added: The UAE, with its capital Abu Dhabi, has a very strong economy and a solid financial infrastructure. This will allow us to attract more international investors to the capital. We are aware of how discerning and astute the investors in Abu Dhabi are.…
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Meanwhile, Aguilera has taken on the role of Director for the Middle East, Italy, Greece, and the Iberia region. His role as Broadridge's Director for the Iberia region, Italy, Greece, and the Middle East focuses on increasing awareness of the company's global capabilities, driving new business, and expanding the client base in the region. Aguilera…
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The allocation, which is based on ESG and social sentiment criteria, is rebalanced every month and comprises the top 10 S&P 500 stocks ranked by their lowest risk over attention-weighted sentiment score (AWSS). With a minimum investment of USD 500, investors can monitor their portfolio's performance using eToro's advanced tools and charts and stay informed…
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DKK's Dubai operation has already secured its World Trade Centre Free Zone license and plans to obtain virtual assets licenses through VARA (Virtual Assets Regulatory Authority) in the near future. It will immediately begin trading and enable local businesses and the local economy to access FX services. Asia Salvatore, Head of Sales for DKK in…
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Mastoroudes joined BDSwiss as Head of HR in January 2022 and was promoted to Chief People Officer in June. With more than 15 years of experience in human resources and talent management within the financial industry, she previously worked at FXPRIMUS and PwC Cyprus. At FXPRIMUS, she served as Head of HR for over 18…
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Clients The numbers of clients, however, surpassed the previous years’s record of 820,000 by 6.83%, reaching 876,000 last year. In 2022, client assets stood at DKK 584 billion, falling 8.8%, compared to the DKK 640 billion in 2021. Saxo pointed out that last year was negatively affected by the declining equity markets. Kim Fournais, CEO…
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Background The 24HR Trading platform provided trading signals to clients, promising significant profits if they followed the instructions sent via WhatsApp and other messengers, involving CFDs contracts on currencies and commodities. However, the platform did not hold the necessary regulatory license, and the FCA issued a warning against it in September 2019. The regulator froze…
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Additionally, between October 2020 and May 2022, at least 43 p[ool participants transferred around $470,780 to Yas Castellum LLC to participate in its supposed commodity pool after misrepresented historical trading records or how their funds were going to handled and traded. Furthermore, Brisco and Yas Castellum LLC, assisted by Sims, transferred the funds to entities…
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Furthermore, Velocity 3.0 works across all popular operating systems and can be accessed through any browser. Citi describes the new single dealer platform as “platform-independent technology.” Citi noted that Velocity 3.0 is 71% faster with deal booking and 94% faster with order placement response compared with Citi’s classic platforms. The global investment bank further explained…
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Additionally, FSMA pointed out a common offer among such online trading platforms includes “affiliate program” that may be a sign of a pyramid scheme. The regulator warned that fraudulent trading platforms may act very aggressively and scammers can try to convince their victims to take control of their computer remotely in order to make money…
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