FinTech Acquisition Corp. V was set up by well-known financier Betsy Cohen. The SPAC company and eToro announced their proposed merger in March 2021. The estimated implied equity value of the merger was initially at $10.4 billion, but was later taken down to $8.8 billion. The merger was terminated as the Israeli retail broker and…
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European Shares European benchmarks opened mixed on Monday, continuing the trend started by Asian shares overnight, as market sentiment starts a new trading week under pressure. Risk appetite is on the downside this morning as investors digested the latest virus development from China where rising Covid deaths are sparking worries of tighter restrictions in the…
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Octavian Pătrașcu, the founder and CEO of CAPEX.com, commented: Now that we are ready to launch our cryptocurrency division in the Middle East, we are one step closer to becoming a complete trading app that offers multiple verticals in the financial services in different regions. We are happy to see that the markets are becoming…
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IQ Option highlighted its hopes of that the collaboration turns into a “long-term partnership” allowing both the broker, and Davis Cup brings to grow and expand. IQ Option said: IQ Option and the Davis Cup have common values: precision, resilience and consistency. Moreover, they have similar goals: creating the best conditions for people to excel,…
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Daire Ferguson, AvaTrade CEO, commented: Our partnership with Capitalise.ai is just further proof of our ongoing commitment to our traders, as we continue to provide them with innovative ways to trade, apply strategies and make every trade easier to accomplish, ensuring that everyone can become a trader. The newly announced collaboration will allow AvaTrade clients…
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European Shares European shares edged higher on Friday, despite Asian markets closing mixed as uncertainty rises at the end of the week. Market sentiment towards riskier assets was put under pressure at the end of the US trading session on Thursday after traders witnessed FOMC officials playing down hopes of a pause or pivot from…
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Quentin Miller, Managing Director, Asia Pacific, at LMAX Group, said: Our Singapore matching engine brings us closer to clients in the region and since launch we have seen 3x growth in our FX trading volumes month on month. We are excited by the opportunities that lie ahead and are focused on building our presence in…
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The Bahamian regulator responded: The Commission wishes to advise that it has not directed, authorized or suggested to FTX Digital Markets Ltd. the prioritization of withdrawals for Bahamian clients. The Commission further notes that such transactions may be characterized as voidable preferences under the insolvency regime and consequently result in clawing back funds from Bahamian…
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Naveed has nearly two decades of experience in technical leadership roles. Most recently, he served as VP of Engineering at London-listed Auction Technology Group. He has also previously overseen the development of Amazon Video’s ownership systems globally. Shahid Naveed, CTO of Freetrade, commented: I am thrilled to join Freetrade as CTO, a company that is…
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Royal Forex is the parent company of Europe-based online trading broker ROInvesting. The brokerage recently extended its partnership deal with Italian football club AC Milan. Royal Forex operates forex and CFDs brokerage brand ROInvesting. Additionally, the broker strengthened its brand recognition by inking a sports sponsorship deal with the famous Italian football club, AC Milan…
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