ActivTrades
March 16, 2022 BY Steffy Bogdanova

ActivTrades launches new LATAM40 ETF

The new LATAM40 ETF offers access, exposure and tracking of 40 of the largest Latin American stocks a single fund. The company stated: The fund generally invests at a majority of its assets in the component securities of its underlying index and in investments that have economic characteristics identical to the component securities of its…

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March 15, 2022 BY Steffy Bogdanova

Pico appoints Stacie Swanstrom as Chief Product Officer

In 2019, Swanstrom became a consultant in the private sector, she also serves as an Advisor to Towson University’s College of Business and Economics. Pico further detailed that this newly expanded team will provide new product innovation through the company’s ultra-low latency global network, PicoNetTM. Earlier in January 2022, Pico acquired Redline Trading Solutions, trading…

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FTX Dubai
March 15, 2022 BY Steffy Bogdanova

FTX Europe obtains license to operate Virtual Asset Exchange in Dubai

FTX CEO, Sam Bankman-Fried, commented: FTX is proud to be the first licensee under Dubai's prudential supervision regime. It's an honor to be one of the first approved applicants in such a specialised category and we are excited to be able to introduce complex crypto-derivatives products with centralised counterparty clearing to institutional markets. FTX receiving…

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March 15, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices continue to recede as hopes that talks between Russia and Ukraine may lead to a de-escalation

European Shares Shares drifted lower in Europe on Tuesday, extending losses registered during the Asian trading session, amid continuing market volatility. The sell-off in Chinese shares due to renewed lockdowns to combat a coronavirus outbreak as well as the prospect of economic sanctions from the West raised by the possibility of a military support to…

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CMC markets
March 15, 2022 BY Steffy Bogdanova

CMC Markets commences £30 Million share buyback program

CMC Markets further explained that the maximum aggregate number of shares that it will repurchase is 29,071,747 ordinary shares. RBC Europe Limited has been appointed to manage the Buyback Programme on its behalf. CMC Markets first announced the decision to launch the buyback program on 2 March. Board of the company decided to return excess…

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March 15, 2022 BY Steffy Bogdanova

EU parliament committee rejects crypto proof-of-work ban

Bitcoin, however, is unlikely to follow suit as it has no other reason to switch to PoS. The committee voted to add cryptocurrencies that use PoW to the EU sustainable finance taxonomy which decides whether something can be labelled environmentally friendly by the end of 2024. Last year, the Swedish FI called for ban of…

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FINRA
March 14, 2022 BY Steffy Bogdanova

Crown Capital Securities to pay $75K fine imposed by FINRA

FINRA stated: Between January 2017 and January 2021, Crown Capital paid approximately $19.3 million in commissions earned by 18 of its registered representatives to 18 unregistered entities. The unregistered entities were corporations and limited liability companies created by the registered representatives to serve as doing business as names for their securities businesses and were disclosed…

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CQG releases CQG One
March 14, 2022 BY Steffy Bogdanova

CQG launches new trading and analytics platform, CQG One

CQG President Ryan Moroney commented: We’re excited to bring CQG One to market after gathering extensive input from our users on what features they most want in our new platform. This will be as intuitive and easy to deploy, configure and use as CQG Desktop but with advanced charting, market analytics and trading functionality, along…

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