Richard Teng, Head of Europe and MENA at Binance, commented: Binance continues to demonstrate its commitment to work closely with regulatory agencies to uphold global standards. Our registration in Sweden is the result of many months of diligent, hard work from our team, underpinning our commitment to the Swedish market and our users. We are…
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European Shares Stock markets continued to climb globally on Thursday, as all European benchmarks extended gains ahead of the highly awaited US inflation report. The general sentiment remains clearly bullish this week as investors keep pushing riskier assets higher, boosted by easing recession worries and the prospect of a “soft landing” from the Fed. However,…
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Pre-tax profit came at CHF 185 million in 2022. This represents a 17% drop from CHF 223 million in 2021. The company said: The diversified sources of revenues and a higher share of non-transaction based revenues have enabled Swissquote to navigate safely in a difficult market environment. Swissquote highlighted that some of the negative market…
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Mehtap Önder, Managing Director, GCEX MENA commented: Olivier has an extremely impressive track record in the region, having built a private Swiss bank in the UAE from scratch and grown the business in the Middle East to USD 4 billion assets under management. We are very excited about his appointment and I am looking forward…
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Adel Jibrin, the CEO and Managing Partner at Hybrid Solutions said: We believe that the partnership between FXCubic and Hybrid Solutions is a valuable asset to both companies, especially in current market conditions, where traders are seeking more investment possibilities. Siding with FXCubic is an additional step towards achieving our strategic goal of offering our…
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The London-listed company highlighted that the strong performance was a result of a solid trading momentum throughout 2022 across all divisions of the Group. Cornerstone FS further revealed that around 78% of its total yearly revenue came from clients it serves directly, compared to 56% during the prior year. Additionally, the gross margin is expected…
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Gay brings almost 19 years of experience in working for technology providers in the trading industry. Most recently, Gay served as Director of EMEA sales at smartTrade Technologies for a little over a year and a half. Prior to that, he spent more than 13 years with Integral Development Corp. He became Vice President of…
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European Shares Stocks edged higher in Europe on Wednesday, extending gains registered by Asian benchmarks overnight, as bullish sentiment stays alive ahead of key macro data. Consumer cyclicals, real estate and energy shares led the way following the opening bell, while industrials and utilities registered slight losses on the old continent, as market sentiment remains…
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According to a source familiar with the matter, Saxo can also consider private share placement as shareholders Chinese automaker Geely (0175.HK) and Finnish insurer Sampo (SAMPO.HE) are looking to reduce their stakes. Fournais said that the company will keep “all options open” but the plan for now is to go public. The bank announced its…
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Schwarz said: I am very proud of what we have built as an internal team at FXSpotStream. I have learned a great deal during this decade plus journey and have been fortunate to watch as people at the company have grown personally and professionally. Schwarz’s career spans over 30 years. He co-founded FXSpotStream in August…
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