June 21, 2022 BY Steffy Bogdanova

Equiti Brokerage expands crypto CFD offering

Brian Myers, CEO of Equiti Brokerage, said: We’ve worked hard to meet the changing needs of our clients, and the message is clear when it comes to cryptos, there is a need for both short-term speculation and long-term investing. It is for this reason that we now provide one of the largest dual offerings in…

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CMC markets
June 20, 2022 BY Steffy Bogdanova

Kevin McGuinn joins CMC Markets as Senior Product Manager

McGuinn joined the London-listed broker from Mortgage Engine, a company that builds AI-based technology for the mortgage industry. He spent three years with the company as a Product and Delivery Manager and as a Technical Business Analyst. An experienced technology executive, McGuinn has worked in a variety of financial services firms. Throughout his career, he…

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Daniel Fields joins TP ICAP as CEO of its Global Broking division
June 20, 2022 BY Steffy Bogdanova

TP ICAP appoints Daniel Fields as CEO of its Global Broking division

In his new position as CEO of Global Broking, Fields will focus on driving further growth in the business and delivering strategic execution, including the continued rollout of TP ICAP’s electronic platform, Fusion. Nicolas Breteau, CEO of TP ICAP, commented: The appointment of Dan as CEO of our Global Broking business is another important strategic…

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European stock market experiences positive change
June 20, 2022 BY Steffy Bogdanova

Daily market commentary: Markets open on a mixed tone

The CAC-40 index trades close to its annual low, slightly below the 5,900.0pts mark so far. The lack of a strong bullish reaction over the 5,750/5,850 support zone could quickly lead to a sell-off extension towards 5,500.0pts and 5,050.0pts. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect…

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ASIC ban
June 20, 2022 BY Steffy Bogdanova

CFD trader sent to prison in Australia for insider trading

Prior to the official announcement by PanAust of the takeover bid on 30 March 2015, Li acquired 390,000 PanAust CFDs during the period between 19 and 26 March 2015. He also made his wife acquire 265,000 PanAust CFDs between 22 and 26 March 2015. In sentencing, Judge Rinaudo said: [He] took an unfair advantage when…

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CySEC fine
June 20, 2022 BY Steffy Bogdanova

CySEC fines Maxigrid and issues bans on four directors

CySEC’s decision follows an investigation into Maxigrid’s non-compliance. The official announcement stated: Maxigrid's Board of Directors was found to have acted in violation of this article over its failure to define and take responsibility for the implementation of arrangements that ensure the effective and prudent management of the Company, in a way that promoted the…

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June 17, 2022 BY Steffy Bogdanova

CySEC issues warning about six 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 May, CySEC added four companies to its warning list.

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Playtech
June 17, 2022 BY Steffy Bogdanova

Playtech gives TTB more time to confirm acquisition offer

TTB Partners can now confirm its intensions to acquire Playtech by 15 July, 5pm. However, the deadline can be further extended if the Panel deems it necessary. TTB Partners initially approached Playtech on behalf of an investor group with a possible acquisition offer in February. The move followed Playtech shareholder vote rejecting the $3.7 billion…

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