Saxo Bank
November 22, 2021 BY Steffy Bogdanova

Saxo adds nine Crypto-FX pairs to TradingView

The new additions follow an expansion of Saxo’s offering with 520 stock tickers in October. They included some of the most traded companies from major stock exchanges in Europe and Asia, as well as a range of stocks and single-stock CFDs on US exchanges which have been available since July. Saxo Bank noted that the…

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Saxo Markets appoints Jessica Amir and David Harvie to Australian team
November 22, 2021 BY Steffy Bogdanova

Saxo Markets Australia hires Jessica Amir and David Harvie

Jessica Amir commented: I’m incredibly excited to be joining a global fintech pioneer like Saxo. Over the last 15 years I’ve become increasingly passionate about demystifying  the finance world and global markets. I also extreemly enjoy helping investors understand what drives markets and how they can maximise their investments. David Harvie joins Saxo Markets from…

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SEC warning
November 22, 2021 BY Steffy Bogdanova

SEC issues warning against imposters

The SEC stated in its official alert: These phone calls and voicemail messages are in no way connected to the SEC.  If you receive a communication that appears to be from the SEC, do not provide any personal information unless you have verified that you are dealing with the SEC.  The SEC does not seek…

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Daily Market Commentary
November 21, 2021 BY Alan Sayer

Oil Rallies as US Crude Stocks Decline in Tight Market

The United States is the largest consumer of crude oil in the world. Spurred by strong demand in the US and global supply shortage, oil prices have reached a new high. On 26th October, Brent crude was selling at $86 a barrel, and US oil was up by 0.7% to $83.96. According to Goldman Sachs,…

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Playtech
November 19, 2021 BY Steffy Bogdanova

Gopher withdraws from the acquisition race for Playtech

The official statement said: Today's announcement has no bearing on Gopher's agreement to acquire Playtech's financial trading division, Finalto. Gopher remains fully committed to the acquisition. The process is ongoing and is expected to complete in H1 2022. Yesterday Playtech revealed that JKO Play Limited is also shown interest and has inquired about due diligence…

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November 19, 2021 BY Steffy Bogdanova

Katherine Whitton joins IG Group as Chief Marketing Officer

Katherine Whitton, Global Chief Marketing officer, IG Group, said: I am delighted to join IG’s executive committee in this newly formed role and look forward to supporting the business’ long-term ambition. IG Group has evolved considerably over the last four decades, and I’m thrilled to join at such a pivotal period in the company’s history.…

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SEC fraud
November 19, 2021 BY Steffy Bogdanova

SEC issues charges in crypto investment scams

Michele Wein Layne, Regional Director of the SEC’s Los Angeles Regional Office, said: Defendant Ryan Ginster allegedly engaged in a fraudulent scheme raising millions in cryptocurrency using online investment programs and then converted the cryptocurrency for his own benefit. Individuals who hide behind the anonymity of cryptocurrency transactions to defraud investors should expect that the…

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November 19, 2021 BY Steffy Bogdanova

Oval finalises integration with ETX Capital

In its official announcement, Oval said that the two companies’ brands will become one. The UK-based fintech firm will focus on technological innovation. Oval is currently working to strengthen its team in order to reach its goals, looking for new skilled recruitments to advance the company’s development. Claudio Bedino, CMO of Oval, commented: New features…

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CFTC fine
November 18, 2021 BY Steffy Bogdanova

CFTC issues a $7 million penalty in binary options fraud scheme

The court found that Fingerhut, Barak and Valariola have fraudulently solicited customers through emails, websites, and video sales letters by promising free access to reportedly successful automated trading systems which traded in binary options involving commodity interests and digital assets. The claims the defendants made misrepresented hypothetical and fictitious trading results as real results, and…

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Playtech
November 18, 2021 BY Steffy Bogdanova

Playtech confirms JKO's acquisition interest

JKO’s interest follows a £2.7 billion acquisition offer made by Australian gambling equipment maker, Aristocrat Leisure. Gopher Investments, the largest Playtech shareholder that recently bought Finalto, also made an offer to acquire Playtech. JKO is currently in discussions with Centerbridge Partners L.P and others for the provision of capital funding for the acquisition of Playtech.…

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