Furthermore, futures brokers would be required to insist on collecting outstanding margin calls from clients who failed to meet two margin calls by the settlement deadline in the preceding 30 calendar days. Where applicable, futures brokers will also be required to follow their in-house policies towards forced liquidation and they would also need to set…
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The financial services platforms offer high-risk investment instruments such as CFDs for forex, stocks and other asset classes and cryptocurrencies. One of the entities on the lists claims to be fully EU regulated broker but has not specified details on its license. Consob has the authority to block websites offering illegal financial services at an…
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The DAX-40 index is fluctuating since its impact on the 3,970.0pts resistance level (61.8% Fibonacci) and the MACD indicator already highlights a slowing bullish trend (bearish divergence) on the mid-term view. As previously said, a break-out of the 3,970.0pts level isn’t likely today, but the market may find further support over the 3,950.0pts, 3,935.0pts and…
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Markus Schwab, CEO of Yuh, said: Our community not only wants smooth management of their finances, but also brings along a great climate awareness. That's why eBill was also at the top of our to-do list from the very beginning. We are all the more pleased about the latest addition to the yuhniverse. Earlier in…
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The company has already taken steps in its expansion with the appointment of industry veterans to key executive positions. In the past 12 months, the broker doubled its staff. According to the official announcement, the new FCA license comes with the acquisition of regulated broker, previously named Petra Asset Management Ltd. Eurotrader’s CEO, Marcelo Spina…
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Binance’s initial bid for acquisition was rejected and rumors surfaced that the reason for the rejection was alleged concerns of national security threats to the US government. In his interview with Bloomberg, CZ denied the rumors and said that FTX might have spread them. He stated: There was never any concerns about us participating in…
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Furthermore, the Australian regulator has decided to revise the definitions of 'Active' and 'Complex' products and specifying that all labels should appear at the end of the product trading name and secondary label should appear immediately before the primary label. ETP products should now be named “XYZ Active ETF” (or XYZ Complex ETF). ASIC Commissioner…
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EU benchmarks remains well oriented this morning, with the DAX-40 index from Frankfurt registering the best performance so far as the market now trades well above the 14,500pts mark, with the 14,580.0pts resistance in sight. Pierre Veyret– Technical analyst, ActivTrades Brent oil prices hedged higher during Wednesday trading, read more... Disclaimer: opinions are personal to…
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Hisham Mansour commented: CFI’s leading position in MENA is very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our position. The Egyptian market is a key market in the region and we saw we have to be there physically through a locally regulated company. Mansour further noted that…
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The regulator added: It is unfortunate that in Chapter 11 filings, the new CEO of FTX Trading Ltd. misrepresented this timely action through the intemperate and inaccurate allegations lodged in the Transfer Motion. It is also concerning that the Chapter 11 debtors chose to rely on the statements of individuals they have (in other filings)…
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