TP ICAP
December 15, 2021 BY Steffy Bogdanova

TP ICAP investigates security vulnerability Log4Shell

TP ICAP highlight that there is no evidence that this has happened. Since finding out, the company has been evaluating its exposure and methodically fixing as patches have become available. Additionally, the company has been deploying signatures and enhanced security controls to further strengthen the protection on its environment from the Log4j exploit. The official…

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Robinhood
December 15, 2021 BY Steffy Bogdanova

Cross-exchange crypto trading platform Cove Markets acquired by Robinhood

Christine Brown, Chief Operating Officer of Robinhood Crypto, said: Scott, Victor and the Cove Markets team will bolster our crypto trading platform and help us strengthen our leadership in the crypto industry. Their wealth of experience in trading execution and crypto market infrastructure will help us to build more powerful trading capabilities, bringing the benefits…

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Acquisition
December 14, 2021 BY Steffy Bogdanova

ZuluTrade acquired by Finvasia

Greece-headquartered social trading platform ZuluTrade has leveraged the potential of the trading community and algorithmic performance ranking in order to connect traders with investors. This acquisition fits well with Finvasia group’s multi-phase strategy in building an integrated fintech ecosystem for investors. Sarvjeet Singh Virk, Co-founder & Chief Managing Director , Finvasia Group, said: Since Finvasia…

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December 14, 2021 BY Steffy Bogdanova

B2Broker expands European reach with CySEC regulated B2Prime

B2Broker Group of Companies CEO, Arthur Azizov, commented: We are delighted that B2Prime has secured CySEC approval. The licence gives us the scope to provide institutional grade liquidity to clients in over 30 countries. Meanwhile, our clients will be able to benefit from an enhanced level of protection, safe in the knowledge that they have…

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December 14, 2021 BY Steffy Bogdanova

Weekly data: inflation and major central banks ahead

The current channel is narrow with $1,770 and $1,800 remaining in view as likely boundaries. The bias for gold based on fundamentals seems to be towards buying unless the Fed is very hawkish on Wednesday, but TA remains noncommittal. All three moving averages are above the price and momentum upon emergence from oversold (based on…

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Nuvei
December 14, 2021 BY Steffy Bogdanova

Nuvei and Visa team up to release crypto-friendly debit cards

Nuvei’s Chair and CEO, Philip Fayer, commented: The branded Visa debit card is a huge asset to our partners and their users, enabling the immediate and seamless spending of crypto earnings,” he said, “With this program, Visa has played a vital role in expanding the crypto ecosystem by closing the gap between traditional finance and…

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ASIC
December 14, 2021 BY Steffy Bogdanova

ASIC cancels Premier Wealth Management’s AFS licence

According to the Aussie regulator, the company also failed to ensure its representatives were adequately trained and competent. The company’s AFS licence will remain in effect for another 12 months so that its membership of the Australian Financial Complaints Authority is maintained and its obligation to hold professional indemnity insurance cover. Earlier in September, ASIC…

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FCA fine
December 14, 2021 BY Steffy Bogdanova

NatWest gets a £264.8 million fine for AML compliance failures

Some of NatWest’s employees who handled these cash deposits shared their suspicions with the bank’s investigative staff but no action was taken. The warning signs included large amounts of Scottish bank notes deposited throughout England, as well as deposits of notes carrying a noticeable musty smell and individuals acting suspiciously when depositing the cash. Moreover,…

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