Paysafe integrates Mastercard Send into its payments platform LeapRate

June 28, 2022 BY Steffy Bogdanova

Paysafe integrates Mastercard Send into its payments platform

Paysafe’s platform latest updated will allow access to Mastercard Send via the existing payment connection, alongside the full suite of Paysafe’s payment products and services. The integration will also provide merchants with automatic reconciliations plus transaction data along with customisable reports. Scott Abrahams, Senior Vice President Business Development, United Kingdom and Ireland SIP at Mastercard…

June 28, 2022 BY Steffy Bogdanova

CySEC issues warning about seven unregulated entities

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 six companies to its warning list.

June 28, 2022 BY Steffy Bogdanova

ASIC calls on market operators and participants to continue providing services even during outages

ASIC is eager to tackle market outages in response to the Australian Securities Exchange (ASX) equity market outage in November 2020 following a major technical upgrade. ASIC’s latest concerns of market outages come with several important updates in the industry, including the replacement of CHESS, Cboe’s technology upgrade and the implementation of new market integrity…

June 28, 2022 BY Steffy Bogdanova

Daily market commentary: the US dollar is continuing its retreat from the highs

With commodity prices falling and recession fears growing, some now believe that the Fed will not be able to go as far as previously expected, in terms of tightening, in a dynamic that is shifting expectations towards a slightly lower benchmark US rate than had previously been expected, creating scope for further dollar weakness. Ricardo…

June 28, 2022 BY Steffy Bogdanova

FTX exploring acquisition of Robinhood Markets

Bankman-Fried recently bought a 7.6% stake in Robinhood through his company Emergent Fidelity Technologies. Robinhood Markets is controlled by its co-founders, Chief Executive Officer Vlad Tenev and Chief Creative Officer Baiju Bhatt, who hold more than 50% of the voting power. Robinhood Markets’s commission-free model disrupted the retail stock trading industry. The brokerage gained a…

June 28, 2022 BY Steffy Bogdanova

Weekly data: European inflation ahead

On the chart, the picture is generally neutral aparts from moving averages. Volume is low so far this week and the slow stochastic is almost exactly neutral at just above 50. The 50 SMA is the main technical reference at the moment, with movement above there unlikely unless traders receive positive new information of some…

June 27, 2022 BY Steffy Bogdanova

NinjaTrader and Tradovate now offer Nano Bitcoin futures from Coinbase Derivatives Exchange

Boris Ilyevsky, Head of Coinbase Derivatives Exchange, said: NinjaTrader's reputation within the retail futures sector is unparalleled, and Tradovate has collaborated with us from day one by sharing our values in creating best-in-class products for their customers. We couldn't be more excited to continue our partnership with them and innovate on new products together for…

June 27, 2022 BY Steffy Bogdanova

Barclays names Arif Vohra Co-Head of Investment Banking Financial Institutions Group in EMEA

Tim Main, Global Co-Head of FIG Investment Banking commented: Arif is a highly respected FIG banker and a strong leader who understands the power of delivering the whole firm to clients. The strength and breadth of his expertise will bring considerable value to our clients across the region as we look to build on the…

June 27, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index is hedges lower

Also offering support to the American currency, is the growing likelihood of an economic recession, triggered by the withdrawal of stimulus; a scenario that increases demand for the relative safety of the dollar. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is…

June 27, 2022 BY Steffy Bogdanova

ASIC freezes assets of four companies and director

ASIC discovered that Arandez obtained $2.5 million from Australian investors based on false and misleading statements. He claimed the funds would be invested in property and cryptocurrency and used the fund in part for personal benefit and to pay returns to other investors. The regulator acted quickly in order to personal benefit and to pay…