March 07, 2022 BY Steffy Bogdanova

Crypto exchange FTX secures CySEC approval to operate in Europe

Currently headquartered in Switzerland, FTX Europe has an additional regional headquarter in Cyprus. The company noted that it will devote “significant resources” in developing strong relationship with the regulatory authorities. Patrick Gruhn, Head of FTX Europe, concluded: We're excited to bring FTX's innovative offerings to the European markets and that CySEC officially approved our domain.…

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March 07, 2022 BY Steffy Bogdanova

Russian bank VTB to leave Europe

VTB is also due to be excluded from SWIFT global payments messaging system as part of the west’s financial sanctions regime. Russia’s largest bank, Sberbank has already announced leaving European market earlier last week. Sberbank and VTB account for over half of Russia’s banking market.  

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BlackBull Markets introduces copy-trading platform HokoCloud
March 07, 2022 BY Steffy Bogdanova

BlackBull Markets introduces copy-trading platform HokoCloud

HokoCloud is a sponsored broker and BlackBull Markets’ clients have a completely free access to the platform. Chris Georghiou, Business Development Manager (European territories) at BlackBull Markets, said: Social-trading and copy-trading are growing in popularity with our client base, and we expect the HokoCloud platform, which combines both aspects, will seamlessly fit their trading needs.…

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Cboe Global Markets
March 04, 2022 BY Steffy Bogdanova

Cboe sees record volumes of 250.9 million contracts in February

In February, Global FX ADNV increased almost 15% on yearly basis. On 25 February MSCI EAFE Index (MXEA) options set a newly daily volume record with 6,793 contracts traded that day. The company said: Cboe BIDS Canada, Cboe's new Canadian equities block-trading offering, successfully launched on February 1 with strong buy-side demand. Cboe Periodic Auctions…

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March 04, 2022 BY Steffy Bogdanova

Russian-owned UK broker Sova Capital enters special administration

UK Financial Conduct Authority (FCA), which regulates Sova Capital, said that the court had appointed Teneo as special administrators and would start assessing client money and custody assets. The FCA said: The Special Administrators will write to the firm’s clients with their proposals for the Special Administration within 8 weeks of appointment, this will include…

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MOEX
March 04, 2022 BY Steffy Bogdanova

The Federation of European Securities Exchanges excludes Moscow Exchange

The association represents 35 exchanges from 30 different countries in European Union, Iceland, Norway, Switzerland and the United Kingdom. The decision to exclude MOEX follows some FESE members like Deutsche Boerse suspending trading and settlement in Russian securities in response to sanctions. European Association of CCP Clearing Houses (EACH) temporarily suspended EACH Russian Member CCP…

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FinancialMarkets.media launches
March 03, 2022 BY Steffy Bogdanova

FXStreet launches media agency FinancialMarkets.media

Sergi López Tomàs said: We not only aspire to continue executing profitable investments for our clients, but also maximize them. The company also emphasized that its work will continue to guide financial institutions and publishers so that its clients can run communications in the right media according to their needs and budgets. This will allow…

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