Tickmill partners with TradingView to strengthen its futures offering
May 25, 2021 BY Steffy Bogdanova

Tickmill partners with TradingView to strengthen its futures offering

The latest expansion in the futures space allows Tickmill’s clients to speculate on long-term action, invest in long-term direction and hedge their portfolio using instruments previously inaccessible to retail traders. The new exchange-traded Micro products gives retail clients the opportunity to trade in a fast-growing market, previously only available to those with large cash deposits.…

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IC Markets adds over new stock and crypto CFDs
May 25, 2021 BY Steffy Bogdanova

IC Markets adds new stock and crypto CFDs

Additionally, IC Markets have also added a wide range of long-established NASDAQ and NYSE listed companies such as Anheuser Busch Inbev SA, Ralph Lauren Corp and Coca-Cola European Partners. IC Markets have also added digital currency CFDs. The new offer includes Polkadot, Stellar and Chainlink and can be traded across the broker’s MT4 and MT5…

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May 24, 2021 BY Steffy Bogdanova

HSBC not planning to launch bitcoin trading

The HSBC is going on a different path than rivals such as Goldman Sachs whose digital investing branch, Saxo Markets, recently announced the launch of a new crypto trading service - Crypto FX. Bitcoin’s price has been on a rollercoaster during the last few days with a 50% fall, trading $36,387 on Monday, just 40…

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daily market analysis
May 24, 2021 BY Steffy Bogdanova

Daily market commentary: European markets opened modestly higher

EUROPEAN SHARES  European markets opened modestly higher at the beginning of the week, providing a mixed sectoral performance picture as gains in tech and banking shares offset declines from miners. Investors returned cautiously to their trading desk with uncertainty reigning following China’s crackdown on commodities and crypto markets, which sparked a significant increase in volatility.…

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ASIC
May 24, 2021 BY Steffy Bogdanova

ASIC cancels Direct My Wealth Pty’s lincence

The announcement said: Under the Corporations Act 2001 and National Consumer Credit Protection Act 2009, ASIC may suspend or cancel an AFSL and ACL if the licensee is no longer providing financial services, ceases to engage in credit activities or fails to meet its legal obligations. This includes its obligations to lodge financial statements, auditor’s…

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Bitcoin
May 24, 2021 BY Steffy Bogdanova

Beijing bitcoin mining crackdown sees miners halt business in China

A large portion of the new-found regulatory issues are because Crypto miners are using increasingly strong and bespoke tech equipment – often referred to as rigs -  to certify virtual coin trades within a process which creates freshly minted cryptocurrencies, including the likes of bitcoin. Speaking of China’s latest crackdown, Chen Jiahe, Chief Investment Officer…

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SEC
May 24, 2021 BY Steffy Bogdanova

Broker Emil Botvinnik to pay $1.5 million fraud case brought by SEC

Botvinnik did not admit or deny the allegations the SEC made but consented to the final judgment. He was ordered to pay civil penalty of $160,000, disgorgement of $1,140,996.48, and $208,155.86 in prejudgment interest. The official announcement stated that the SEC may suggest a plan to distribute any funds received from Botvinnik to harmed investors.…

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partnership
May 24, 2021 BY Steffy Bogdanova

Fintech Plaid teams up with payments firm Square

Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…

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