Admirals
February 23, 2022 BY Steffy Bogdanova

Estoninan regulator slaps Admiral Markets with €20,000 fine for reporting errors

Many companies in the retail industry use the services of third-party firm for these reporting tasks. Admiral Markets AS also uses assistance of qualified and professional service providers for reporting. Admiral Markets stated: The company has made every effort to properly comply with its reporting obligations and to correct any errors identified in cooperation with…

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February 22, 2022 BY Steffy Bogdanova

GKPro names David Papier new Head of Institutional Sales

Papier’s background Papier brings 12 years of broking industry experience to his new role. He started his career at trading platform CMC Markets. He has held senior client management positions at ETX Capital, the derivatives provider. Adam Dougall, GKPro Chief Executive Officer, said:  GKPro is very pleased to welcome David. Not only will he be…

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February 22, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices reach a multi-year maximum as concerns grow over potential disruption of energy supplies from Russia

European Shares European shares climbed on Tuesday as most benchmarks register corrective bullish moves following Monday’s massive sell-off on equity markets. Ukraine-Russia tensions continue to simmer and dent market sentiment this week, especially after President Putin ordered military forces to what he recognized as “separatist areas”, leading the current conflict to another dimension. With geopolitical…

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February 22, 2022 BY Steffy Bogdanova

Weekly data: RBNZ and US GDP

With very strong buying saturation based on both the slow stochastic and Bollinger Bands and the presence of an important psychological resistance, another move up in the immediate future doesn’t look likely. Instead, new buyers would traditionally look for a fairly small retracement to the area of about $1,880 based on ATR before looking to…

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GCEX
February 22, 2022 BY Steffy Bogdanova

GCEX opens an office in Kuala Lumpur

Holst continued: The investment we received from True Global Ventures (TGV4 Plus) is helping to fuel our expansion, enabling us to capitalise on the growing demand we are seeing for our modular end-to-end plug and play trading platform for digital assets and FX. Headquartered in London, GCEX has offices in Scotland and Denmark. Its Copenhagen…

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Playtech
February 22, 2022 BY Steffy Bogdanova

Playtech CEO Mor Weizer wants to join TTB Investor Group bid

Acquisition bids The London-listed gaming software company had previously received a £2.7 billion takeover bid from Aristocrat Leisure which fell short of the minimum of 75% votes needed for approval. Two other companies have also expressed interest in Playtech acquisition. Gopher, who recently bought Playtech’s financial division Finalto in a $250 million deal, and JKO…

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February 21, 2022 BY Steffy Bogdanova

Leaked controversial client data puts Credit Suisse in the spotlight, the bank denies wrongdoing

Swiss Financial Market Supervisory Authority (FINMA) told Reuters that they are aware of the articles and compliance with anti-money laundering regulations has been the focus of the regulator for years. Credit Suisse has denied wrongdoing. The bank stated: Credit Suisse strongly rejects the allegations and insinuations about the bank’s purported business practices. The matters presented…

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