Spectrum Markets
April 19, 2022 BY Steffy Bogdanova

Spectrum Markets turnover rises 188% in Q1 2022

Daily trading volumes also continued to increase steadily in Q1. The highest daily volume was registered on 8th March when more than 23,000 trades were placed amid heightened market activity linked to Russia’s war in Ukraine. Spectrum Markets reported record growth last year with nearly doubled its trading volume. The company’s turnover reached €1.35 billion…

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April 19, 2022 BY Steffy Bogdanova

ASIC announces suspension of AFS licence of Dixon Advisory

The administrators Stephen Graham Longley and Craig David Crosbie, informed ASIC that most of Dixon Advisory’s clients have transitioned to alternate financial services providers. The AFS licence suspension allows the company to continue its operation until 9 May 2022 so that its existing clients can move to alternative providers. Earlier in April, ASIC took action…

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April 19, 2022 BY Steffy Bogdanova

Finvasia co-founder Tajinder Virk named Interim CEO of ZuluTrade

Before co-founding Finvasia, Virk has worked with some of the largest investment banks and hedge funds on Wall Street and has managed multibillion-dollar funds for major US banks. At ZuluTrade, he will work closely with the team to deliver on the business expansion goals. Tajinder Virk commented: We see ZuluTrade as the largest Social Wealth…

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April 19, 2022 BY Steffy Bogdanova

Weekly data: Canadian and Japanese inflation in view

However, the rand has remained strong in the last few weeks as the South African Reserve Bank also appears to be in a cycle of tightening. On the whole, the outlook for South Africa’s economy seems to be stronger now than it was at the start of 2022: prices of important commodities, key to South…

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Tickmill
April 19, 2022 BY Steffy Bogdanova

Tickmill adds a new CFD stock asset class to its offering

Sudhanshu Agarwal, Executive Director of Tickmill Ltd, said: We are very excited to introduce this exquisite list of CFD Stocks to our clients. Tickmill’s product offering, super competitive trading conditions, top-notch technology and the reliable regulated trading environment offers traders an all-in-one package and an unparalleled trading experience. This is another milestone achieved in Q1…

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April 14, 2022 BY Steffy Bogdanova

Exness hires Alfonso Cardalda as its new Chief Marketing Officer

Alfonso Cardalda commented: I am extremely pleased to be joining a market-leading broker like Exness, not only because of its incredible trajectory of growth, but also because of its ethical approach to doing business. I look forward to discovering what we can achieve together and to being part of the brand’s further development and success.…

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April 14, 2022 BY Steffy Bogdanova

SEC and CFTC make charges in a $15.7 million fraud case

The scheme According to the CFTC, Yang and her companies ran the trading scheme between April 2017 and March 2020. The defendants solicited investors and raised funds for the purported purpose of forex trading. The regulator alleges that the defendants made several false representations to the existing and potential pool participants of the scheme. They…

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