Nicky Maan, CEO of Spectrum Markets, said: We are proud to continue our track record of innovating to provide a better way for Europe’s retail investors, and this launch responds to very strong demand for versatile exposure to cryptocurrencies. He added: As well as being an easy way to access cryptocurrencies via their broker with…
Read more
According to the report, the closed sales figure for the third quarter came in at $58 million, registering a jump of 33% from the $43 million in FY 2021. On year-to-date basis, closed sales rose by 42%. The diluted earning per share (EPS) increased to $1.49 by 6% from $1.40. Adjusted EPS in Q3 were…
Read more
The unit was created in 2017 and since then it has brought over 80 enforcement actions in cases related to fraudulent and unregistered crypto asset offerings and platforms, and has brought monetary relief of over $2 billion. The expanded Crypto Assets and Cyber Unit will use SEC’s expertise to protect investors in the crypto market.…
Read more
The ADV registered a 25.8% increase compared to the same period during the previous year. In April FXSpotStream’s overall volume stood at $1.29 trillion, down from $1.613 trillion, recorded in March 2022. The March ADV numbers are based on 21 trading days.
Read more
Gold Gold prices remain under pressure during early Tuesday trading, close to the multi-week minimums reached during the previous session. Despite the precious metal’s role as a hedge against inflation and haven during times of geopolitical instability - two factors that remain very much in the picture - gold prices remain subdued as the dollar…
Read more
The borker recently secured a regulatory license in Kenya in East Africa as part of its growth strategy. HotForex already rebranded its European business to as HF markets and now the company is bringing the same branding to its offshore entities in Seychelles, Kenya, South Africa and Dubai.
Read more
Cboe announced that it plans to operate the company as a subsidiary. ErisX’s Chief Executive Officer Thomas Chippas will remain as head of the digital asset business. As part of Cboe, Chippas will report directly to Chris Isaacson, Executive Vice President and Chief Operating Officer of Cboe. Thomas Chippas, Chief Executive Officer of ErisX, commented:…
Read more
Here are three concrete ways in which KYC can improve the user experience for customers and businesses alike. 1. KYC prevents financial partnerships with money-launderers Without proper customer identity checks, this can unwittingly result in a company entering into a financial exchange with criminals that have obtained the money through illegitimate means. This exposes the…
Read more
Donohue’s background She brings 20 years of experience in the financial services industry, having held a number of senior roles at State Street that covered Asset Owners in addition to other client segments and were global in scope. Donohue was also a global head of performance and analytics and head of State Street Associates, State…
Read more
Client numbers were also down Robinhood saw significant drops in client metrics, as well. Monthly active users on the platform decreased 10% to 15.9 million for March 2022, compared with 17.7 million for March the previous year. The numbers were also down 8% form the end of December 2021. The broker attributed the decline to…
Read more