July 25, 2022 BY Steffy Bogdanova

Johan Torgeby appointed to Nasdaq BoD

Torgeby joined SEB from Morgan Stanley in 2009. While at SEB, he held several positions within the Large Corporates & Financial Institutions division and was later named the division’s Co-Head and a member of the Group Executive Committee in 2014. He became President and CEO in 2017. Torgeby is now a director of the Swedish…

Read more
Crypto.com
July 25, 2022 BY Steffy Bogdanova

Crypto.com secures regulatory approval to operate in Cyprus

Kris Marszalek, Co-Founder and CEO of Crypto.com, said: Europe is a priority region for Crypto.com and our continued expansion in the market is a testament to our commitment to compliance and collaboration with regulators. Our registration in Cyprus is the next significant step in our continued progress as we expand our products and services to…

Read more
July 24, 2022 BY Steffy Bogdanova

Binance to offer crypto CFDs in Australia

Leigh Travers, Director of Binance Australia Derivatives said: Launching crypto derivatives under an AFSL delivers on our core strategy of becoming a regulated institution in Australia. The Binance Australia Derivatives products will enable wholesale customers the opportunity to hedge their crypto portfolio as well as grow the total size of Australian crypto markets. Changpeng Zhao,…

Read more
European stock market experiences positive change
July 22, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks drifted lower in Europe, following the overnight bearish trend in Asia

Meanwhile, the current political crisis in Italy following prime minister Mario Draghi’s resignation after the two key parties withdrew their support to the Government, is also adding uncertainty. However, despite today’s bearish price action, equity markets remain on their way to close their best week in a month, while investors try to assess whether this…

Read more
CySEC regulation
July 22, 2022 BY Steffy Bogdanova

CySEC warns CFDs brokers as its introducing additional controls to strengthening investor protection

Chairman of Cyprus Securities and Exchange Commission (CySEC), Dr. George Theocharides, said: To achieve CySEC’s mission to exercise effective supervision, ensure investors’ protection and the healthy development of the capital market, CySEC is adopting changes to its supervisory processes when it comes to monitoring cross-border activities. This will ensure that poor practices and possible violations…

Read more
Alpha FX
July 21, 2022 BY Steffy Bogdanova

Alpha FX H1 2022 revenue up by 35%

Morgan Tillbrook, the Chief Executive Officer of Alpha FX, said: I'm pleased to report on a strong period of trading for the Group, with strong growth across both our divisions. Following the decentralization of our divisions, we have never been more confident in their significant standalone potential. The enhanced focus is enabling each division to…

Read more
Sucden Financial
July 21, 2022 BY Steffy Bogdanova

Sucden Financial acquires Atlantic Trading for STIR Market Making

Marc Bailey, Chief Executive Officer at Sucden Financial, said: We are delighted to have completed this transaction and welcome the team of skilled traders and IT professionals to Sucden Financial. They will add a new interest rates and bonds capability and complement our existing LME and FX options coverage. Under the acquisition deal, four staff…

Read more