Earlier in March, Crypto.com made several senior hires in the UK. The company appointed a UK General Manager and a Global Head of Sustainability and ESG. In recent years, the UK has been a promising market for cryptocurrency with a 650% increase in adoption from 2018 to 2021, according to research by BanklessTimes. Crypto.com continues…
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European Shares European shares opened mixed on Wednesday, following on from a strengthened market sentiment in Asia, but also reflecting a slower appetite for risk towards US futures. The positive mood in Asia mostly came from China as Beijing is set to potentially unveil more stimulus measures, in order to bring consumer and investors’ confidence…
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Customer activity While the financial results registered in uptick in the first half of the year, the London-listed company saw a drop in active customers, as well as new ones. During the period, the number of new customers fell 58% to 57,275, compared to 136,980 in H1 2021. The active customers on the platform stood…
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Eurex explained: Eurex FX Futures are similar to OTC FX Forwards but have significantly lower counterparty credit risk (CCR) because financial obligations are guaranteed by Eurex Clearing as the central counterparty (CCP). In addition, given the bilateral margin requirements in OTC trading under the Uncleared Margin Rules (UMR) or the revised capital requirements under SA-CCR,…
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According to IC Markets, official announcement shared with LeapRate, new episodes are released every fortnight as Vodcast and Podcast on IC Markets’ Youtube Channel and all major streaming platforms, starting 17th August 2022. Host of the podcast is Pamela Ambler, an investment intelligence and strategy advisor. Ambler has a career as a business and finance…
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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 June, CySEC added seven companies to its warning list.
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Revolut applied for authorisation in Cyprus to ensure it is under European regulations before the enforcement of EU's Markets in Crypto-Assets regulation (MiCA). MiCA aims to provide customer protection and fight scams, money laundering and other financial crime in the crypto world. The digital bank has also applied for registration in the UK with the…
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European Shares Indices climbed higher in Europe on Tuesday, despite a “risk-off” trading session in Asia, where market sentiment has been weighed down by economic worries. After inflation, economic risks are now coming under the spotlight for investors following the latest slew of poor economic data from the two biggest economies in the world this…
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Felix , Chief Executive Officer of IG Group, commented: We have achieved outstanding financial performance while continuing our journey to become a more diversified, innovative, global fintech. We have made great strides since we announced our strategy in 2019, and we now see the emergence of a materially evolved organisation. Today, we are in a…
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Octavian Patrascu, CAPEX.com CEO, commented: CAPEX Invest confirms that we continuously listen and adapt our offer to our traders' requests. We embrace all changes and strive to deliver a simple yet competitive product. Our mission is to organize access to financial products for all clients. We are happy to release our second business vertical, CAPEX…
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