November 25, 2022 BY Steffy Bogdanova

Swissquote’s Yuh makes eBill available for its clients

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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Eurotrader
November 25, 2022 BY Steffy Bogdanova

Eurotrader secures FCA license

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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November 24, 2022 BY Steffy Bogdanova

Binance US to renew bid to acquire Voyager

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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ASIC
November 24, 2022 BY Steffy Bogdanova

ASIC updates guidance on how to name ETPs

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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Market Analysis
November 24, 2022 BY Steffy Bogdanova

Daily market commentary: Most EU shares open in the green, following an Asian session governed by a bullish sentiment

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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CFI Financial Group
November 24, 2022 BY Steffy Bogdanova

CFI Financial Group expands in Egypt

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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Daily Market Commentary
November 23, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices hedge higher

Should such plans go ahead, Moscow is likely to react by further restricting exports, in a move that could create scope for further gains in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…

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Credit Suisse
November 23, 2022 BY Steffy Bogdanova

Credit Suisse expects CHF1.5 billion pre-tax loss in Q4

In July, the bank appointed Ulrich Körner new Group Chief Executive Officer to replace Thomas Gottstein. Credit Suisse noted that client activities have been impacted by economic challenges and market environment. The bank stated: The Investment Bank has been impacted by the substantial industry-wide slowdown in capital markets and reduced activity in the Sales &…

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