All Cypriot financial services companies that meet the new criteria of Significant CIFs need to remuneration committee and a risk committee. These committees should be composed of members of the board of directors who do not perform any executive function in the CIF concerned. The companies are also required to submit their new organisational structure…
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HYCM provides its clients with online webinars and workshops, in-person trading seminars, one-on-one coaching, trading strategy reviews, actionable market insights on the HYCM Lab blog. The company also offers access to trading tools, and a community of traders on the broker's social media channels and telegram groups. The broker regularly expands its portfolio in response…
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The company’s overall volume of trades reached $1.65 trillion during last year, 18% higher than the previous year. This was a significant uptick given the high market turbulence and record gains of 2020. ATFX also noted a significant Crude Oil Markets volatility in December which triggered trading interest of the company’s investors. During the last…
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Stevens continued: It has been my great privilege to work with an exceptionally skilled team whose enthusiasm and hard work have helped position ASX as a global exchange leader. I wish to thank all our people for their professionalism and dedication, particularly during the pandemic. My plan is to retire from executive roles after leaving…
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Higgins continued: David impressed us at the interview with his in-depth knowledge of the digital asset space and his proven track record working for SME businesses in B2B sales. Mark Alvarez-Buylla, Gold-i’s CCO said: Gold-i had its most successful year last year and we are in a strong position for further growth, especially with David…
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The total number of trades reached 32.48 million, registering a 15% rise compared to last year’s 28.22 million trades. PrimeXM’s Data Centre in LD4’s notional trading volume in January stood at $923.07 billion, 8.35% higher than last month. TY3 recorded $143.10 billion and NY4 followed with $118.20 billion. SG1 data centre showed steady growth with…
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Clearing and transaction fees revenue for the final quarter came in at $949 million. Market data revenue for the same period was $142 million. The revenue for the full year in turn, was $4.7 billion. Operating income reached $2.6 billion, while net income stood at $2.6 billion, with diluted EPS at $7.29. The adjusted net…
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SONIA is the most used alternative to LIBOR in the UK. Since 2018, Its floating rate note issuance in cash markets surpassed £120 billion. New SONIA lending has exceeded £100 billion in a diverse range of sectors. The Bank of England estimates that less than 2% of the total sterling LIBOR legacy stock remains and…
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Capital.com shared plans to introduce new products and features to its platform in the next year. The company mentioned enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices. Squires added: Capital.com is developing a dedicated AI solution to better understand client behaviour and to create a more personalised…
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Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: At CFI, we always look to transcend the previous milestone and this time around, we believe that with this largely unique and unmatched product, we have managed to deliver on our promise of providing an ever-expanding range of products where traders…
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