The official announcement said that up to $300 million of the transaction is in cash and 61,000,000 new ordinary in IG Group will be issued to tastytrade shareholders. Tom Sosnoff, Founder and co-CEO of tastytrade, said: The completion of this deal is a milestone moment for tastytrade. For the past decade, we have worked tirelessly…
Read more
Australian dollar-US dollar, daily The Aussie dollar has recovered somewhat against its American counterpart since last week as sellers’ initial enthusiasm has worn off and most industrial commodities, Australia’s key exports, remain close to record highs. Sales of iron ore from Australia to China surged 20% in May, while Australian recovery measured by GDP growth…
Read more
53% of women who participated in the study believe that their company’s culture changed in this period and focused on “flexibility, individual wellness and team inclusivity”. According to the research report, 76% adopted new activities in order to promote and cultivate wellness. 84% of participants said mentors were essential in developing their resilience and 64%…
Read more
OIL Oil prices hit a fresh multi-year high during early Monday trading, as traders continue to ride the bullish wave ahead of this week’s OPEC+ meeting. Oil prices have been driven by a scarcity in supply as global demand increases. With the main producers so far sticking to their quotas and talks between US and…
Read more
This huge blow to the crypto exchange giant comes as a reaction to a warning placed by the Japanese regulator, the FSA, which on Friday stated that Binance had been offering its crypto exchange services to customers in the country without ever having officially registered with the Financial Services Agency. The latest warning is the…
Read more
It will also: ensure BBY continues to be required to have arrangements for compensating retail clients for loss or damages suffered as a result of breaches of the Corporations Act by the companies or their representatives. ASIC had suspended BBY’s licence for three years on 28 May 2015 following the appointment of Stephen Vaughan and…
Read more
Sam Goh, Founder and Chief Executive Officer of Samtrade FX, commented: Richard joins us at an exciting time! Earlier this year, the Group achieved a new milestone and its affiliate, S.A.M. Trade (Asia) Pte Ltd became publicly traded on the U.S. OTC Markets, under the symbol (OTCMKTS:SMFX). We look forward to Richard's strategic insights as…
Read more
ASIC announced that Societe Generale Securities Australia Pty Ltd (SGSAPL) has met the additional Australian financial services (AFS) licence conditions imposed on the company and they were removed on 3 June 2021. The licence conditions imposed on SGSAPL in June last year required the company to appoint an independent expert to assess and test the…
Read more
The trading app launched crypto trading in 2018 and now cryptocurrencies such as Bitcoin and Ethereum are available for trading. About a half of the users on the app are first-time investors. This year has been particularly volatile for crypto trading. SEC Chairman Gary Gensler is expected to make a number of new policies and…
Read more
Matt Porter, Head of Operations at ATFX Connect, commented: Mr Steve Whittet, who has a 25-year Career in the sector and has served in senior roles at both Banks/Brokers collecting experience in client relations, institutional sales, would play a key role in accelerating the global growth of ATFX Connect. His appointment is a further sign…
Read more