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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CySEC has not provided specific numbers but noted that the Cypriot consumers display low levels of financial and trading literacy. The regulator highlighted that young people, in particular, lack basic financial understanding which makes them more vulnerable to fraud. CySEC stated: Inexperienced investors often make wrong investment decisions, based on assumptions and beliefs that stem…
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On the other hand, should October inflation come up above expectations, the dollar is likely to quickly claim back the losses of the previous week. In that scenario we can expect the index that measures the greenback’s performance versus a basket of other major currencies to return to levels above the 112 mark. Ricardo Evangelista…
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Earlier this year, FTX was valued by private investors at $32 billion. The proposed acquisition came after a massive liquidity crisis hit FTX which was a result of concerns with withdrawal issues and Binance’s decision to liquidate its entire holdings of FTX's exchange token FTT. Binance CEO Changpeng Zhao told his employees in as memo…
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Keller went on to say that the broker’s office in Dublin currently employs 110 staff, which is higher than the firm originally anticipated. Mary Buckley, Interim CEO, IDA Ireland, added: Ireland, given its vibrant international financial services environment, has proven to be an excellent location for Interactive Brokers and this move to new offices signals…
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Trading volumes on Börse Frankfurt in October came in at €2.14 billion (September: €2.51 billion). Last month, Equities on Deutsche Börse generated €78.75 billion and trading in ETFs/ETCs/ETNs accounted for €18.29 billion of the turnover. Bonds recorded €0.27 billion, certificates €0.80 billion and funds brought in €0.05 billion. Linde plc was the DAX stock with…
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FTX CEO Sam Bankman-Fried had this to say on twitter: Things have come full circle, and http://FTX.com’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for http://FTX.com (pending DD etc.). Bankman-Fried highlighted that the important thing in the situation is that “customers are protected.”…
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The latest US inflation figures, to be released tomorrow, will either intensify or dissipate hopes of a change of paradigm by the American central bank. In the meantime, the mid-term election results remain unclear, with the likely scenario of a Republican dominated congress also contributing to the dollar weakness, as it may translate into lower…
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Harpal Sandhu, CEO, Integral, commented: Our cloud-based SaaS offering has been built with our customers in mind and enables them to grow and outperform their competition. We’re very pleased to be working with Capital.com and further expanding our client base in the broker segment. Available at a fixed subscription cost, Integral’s SaaS technology allows platforms…
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The average daily volume in FX for last month came in at $21.5 billion. Compared to September’s $24.2 billion, this was a 11.1% MoM drop. Total Cash Market numbers in October stood at $206.8, down by 9% compared to September 2022. On yearly basis, the exchange saw a 19% decrease. Derivatives markets on Euronext also…
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