November 08, 2022 BY Steffy Bogdanova

ThinkMarkets CFO Harshad Kale steps down

Earlier this year, ThinkMarkets entered the Japanese market with the launch of its mobile app ThinkTrader, following the acquisition of a Japanese financial services entity which provided the brokerage with a license to operate in Japan. According to his LinkedIn profile, Kale joined Cavendish Renewable Technology, an Australian renewable energy company, producing “green hydrogen”, as…

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Acquisition
November 07, 2022 BY Steffy Bogdanova

PayPoint acquires Appreciate Group in a £83 million deal

He believes that the acquisition will strengthen PayPoint’s digital payments offering. Wiles added: More specifically, the proposed acquisition would jointly target growth in three broad areas: prepayment saving through Park Christmas Savings to support customers with budgeting tools for Christmas and other events; an enlarged full-service offering for gifting, employee rewards and benefits to Appreciate…

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plus500 revenue
November 07, 2022 BY Steffy Bogdanova

Plus500 launches +Insights on its OTC platform

David Zruia, Chief Executive Officer, commented: We are very excited about the launch of '+Insights', which is the latest realisation of our strategy for Plus500 to further develop our position as a global multi-asset fintech group, offering our international customer base a diverse range of products and ensuring we continue to provide them with a…

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November 07, 2022 BY Steffy Bogdanova

VT Markets adds 7 new bond CFDs to trade offering

According to the official announcement, VT Markets’ clients will be able to trade new bond CFDs at competitive rates on the VT Markets mobile app and its trading platforms. John Georgiou, Director of Business at VT Markets, commented: Bond CFDs are the perfect addition to any trader's portfolio, as they can speculate the price movements…

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Cboe
November 06, 2022 BY Steffy Bogdanova

Cboe sees 21% rise in global FX net revenue in Q3

The average daily notional value of forex trading on Cboe FX came in at $41.3 billion for Q3 2022, registering a 27% jump compared to the same period the previous year. In the official announcement, the company noted that Cboe FX commanded 17.8% of the market share, compared to 17% in last year’s third quarter.…

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November 04, 2022 BY Steffy Bogdanova

CySEC adds 5 more unregulated firms to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in September, CySEC added five companies to its warning list.

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