TradeStation
March 25, 2022 BY Steffy Bogdanova

TradeStation announces crypto trading services in Puerto Rico

TradeStation Crypto aggregates multiple liquidity pools into a consolidated market data feed. This is combined with an intelligent order-routing system which gives the company’s customers better visibility and trade execution, a different strategy than some other crypto exchanges. Additionally, TradeStation customers can own cryptocurrency in a TradeStation Individual Retirement Account (IRA). Traders in Puerto Rico…

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Skilling Judita Simkeviciute
March 25, 2022 BY Steffy Bogdanova

Judita Simkeviciute joins Skilling as Global Head of Compliance

Michael Kamerman, Skilling Group CEO, comments: Appointing Judita as Global Head of Compliance represents a significant milestone for Skilling as we continue to scale up our operations and enter new markets. Judita brings significant prior experience of overseeing compliance teams within several well-established brokers, which will be invaluable in helping to future-proof our business while…

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BidX Markets hires Robert Brown as
March 24, 2022 BY Steffy Bogdanova

Robert Brown joins BidX Markets as Head of Strategic Development

He continued: Robert has been in the online trading and investments industry for more than a decade. I’m confident that with his longstanding expertise he is the best person to execute these plans in the most effective way possible. Robert Brown, Head of Strategic Development at BidX Markets, commented: I’m very much looking forward to…

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March 24, 2022 BY Steffy Bogdanova

BDSwiss hires Abdulghani Khattab as Head of Marketing MENA Region

Abdulghani Khattab, Head of Marketing BDSwiss MENA Region said: BDSwiss has an outstanding reputation within the online trading industry. I’m delighted to be part of an organisation with impressive growth plans. I’m excited to contribute to these with my industry experience and marketing knowledge to ensure they become a great success. The new appointment follows…

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ASIC
March 24, 2022 BY Steffy Bogdanova

ASIC warns against impersonation scams

ASIC said: ASIC is aware of scammers impersonating legitimate companies and then use convincing reasons for the victim to give them remote access (i.e. the ability to log into the victim’s computer or phone from their location). If someone asks you for remote access it is probably a scam. The Australian regulator has also observed…

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March 24, 2022 BY Steffy Bogdanova

Daily market commentary: A sense of it getting closer to de-escalation in the war in Ukraine, even if only temporarily, has been rising in the markets

European Shares European shares opened moderately higher on Thursday, following a mixed trading session in Asia, as investors brace for a busy day on the macro front. Euro bond markets traded slightly up as well this morning, confirming hedging moves from portfolio managers against today’s risk and market volatility that will be brought by a…

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Playtech
March 24, 2022 BY Steffy Bogdanova

Playtech reports 12% rise in revenue in 2021

Playtech’s CEO, Mor Weizer commented: Our full year results demonstrate the quality of Playtech's technology and the momentum across the Group. Our strong performance is underpinned by our B2B business, in particular the tremendous growth we have seen in the Americas. We have made real progress in the execution of our US strategy, supported by…

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CFTC fine
March 24, 2022 BY Steffy Bogdanova

US court issues $5 million penalty over commodity futures pool fraud

According to the court files, Phelps and Castenir formed Maverick, which operated commodity trading pool. In 2013 the company solicited over $1.2 million in funds from investors. The defendants used false materials claiming that Phelps had an extensive history of investing successfully in commodity trading markets. The defendants also falsely assured investors that there would…

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