Raj Sitlani, who was Managing Director of iSAM Securities, commented: Jonathan and I achieved what we set out to do - to create an outstanding, highly professional, technology driven company - and we are very proud of what we have achieved. We would like to thank iSAM, our employees and our clients for their incredible…
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According to a survey conducted by BUX across five markets in Europe, “lack of knowledge’ is the most common reason among respondents for not to invest with 42% and 40% said that ‘don’t know where to start’. On the other hand, 39% of those who took the survey said that saving for the long term…
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European Shares EU shares continued to drift on Tuesday, following another volatile session in Asia, as traders await this week’s central bank meetings. Most benchmarks traded lower in Europe, with all sectors moderately down, as investors weighed the latest patchy macro data from France and Germany, the two biggest economies of the Eurozone. In addition…
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According to the official announcement, the launch is expected for the end of the first quarter of 2023. CMC Invest will offer zero commission and real-time pricing in selected markets, including Singapore, the US, and Australia. The company has already recived similar licences in the UK and Australia. Christopher Forbes, head of CMSI, said: The…
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Murphy commented: Alex is an outstanding choice, bringing over a decade of experience in financial services, a deep knowledge of the derivatives industry and a proven track record of success in leadership roles. He was chosen after an extensive and extremely competitive selection process.” Murphy noted that since establishing Eightcap in 2009, the company has…
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The basic earnings per share year-to-date also fell significantly to ¥7.27 from ¥48.19 reported for the same period in 2021. Three major segments contribute to the business performance of the group - the Japanese segment, the US segment (TradeStation), and the crypto assets segment. The Japanese business of the group provides stable profits and TradeStation…
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European Shares Stock indices fell shortly after the opening bell in Europe on Monday, extending losses registered overnight in Asia, as traders brace for a busy week on the macro front. Real estate and tech shares registered the worst performances and drove most benchmarks lower, in potential profit-taking moves following last week’s rally and ahead…
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CFDs are leveraged derivative contracts and are regarded as a high-risk product. ASIC takes the regulation of offering such instruments very seriously and imposes heavy penalties on unlicensed CFD traders. Additionally, the Australian regulator found that Finerty mislead and deceived his clients about the performance of Robot 1 and “directed or assisted” clients to mislead…
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In short, the bank’s analysts believe that there is a possible path to a soft landing, but that this will be dependent on the Fed being able to tweak policy “just right” in order to stay on track. Even Larry Summers, who has previously stated that a recession was inevitable, has recently softened his own…
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Spirin joined Scope Markets in August 2021 as Chief Growth Officer, where he focused on global marketing and retail business development. His promotion comes after he served at that position for a year and half. Prior to Scope Markets, Spirin spent three years at Skilling where he joined as Chief Marketing and Business Development Officer…
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