To meet local requirements, HonorFX offers region-specific products and services such as swap-free Islamic accounts for traders from the Middle East. During the last year of unprecedented challenges resulting from the lockdowns and global pandemic, the company saw an increase in trading activity and inflow of new customers. HonorFX is currently focusing on Asia and…
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Horwitz and 1inMM allegedly promised investors more than 35% in returns and for years paid presumed returns on earlier investments with money from new investments. The SEC claims that Horwitz misappropriated investor funds for his personal use. He purchased a multi-million-dollar home, trips to Las Vegas, and to paid a celebrity interior designer. Michele Wein…
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Ber brings over 25 years of experience in the banking and finance industry. From 2015 to 2020 she served as Israel’s Supervisor of Banks where she actively promoted digital transformation and the implementation of innovation and technological changes in the banking and payment sectors. She has held several senior roles at Bank Leumi, the last…
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Ian Lowitt, CEO of Marex, commented: I am delighted to report another outstanding set of results. With Covid and working from home, 2020 was an extraordinary year and I am truly proud of how our employees stepped up to the challenge. Notwithstanding the market conditions, we continued to perform at a very high level, achieving…
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Olson has admitted to being affiliated with Blue Bit Banc and similar bodies from around April 2014 to March 2018. He would sell binary options to Blue Bit customers during this period by utilising aliases and watching over sales staff within Blue Bit’s Manhattan-based office. Olson also admitted to misrepresenting Blue Bit trade profitability, manipulating…
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GOLD Bullion’s recovery has been stopped – for the time being – by the resistance placed at $1,750, as mentioned in the last few days' commentaries. A solid bounce above this level could pull in more buyers but for the moment gold is still recovering momentum after the double bottom at $1,675, helped by the…
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The announcement said: Total combined volume at Cboe Global Markets' four options exchanges set a new monthly volume record with 266 million contracts traded. Total options volume also set a new quarterly volume record with 773 million contracts traded in the first quarter of 2021. U.S. Equities – Exchange Matched ADV fell 11% MoM but…
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Stefan Dannibale, commented: I’m excited to join this rapidly growing organization to lead a team of talented and experienced traders as the Fixed Income division looks to establish itself as a leader in yet another market. I look forward to working closely with both my team and the members of the larger division to successfully…
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OANDA’s Chief Revenue Officer and Chief Executive Officer of Europe and the Middle East, David Hodge, said: An industry veteran with 25 years of experience in the financial services sector, Marcin was a clear choice for the Head of Europe. He brings with him an unrivalled expertise in the financial services industry and a deep-seated…
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Derivatives Market Derivatives Market volumes saw a significant increase of 36.7% to reach a record RUB 16.4 trillion (February 2021: RUB 12.0 trillion) or 221 million contracts (February 2021: 162.2 million), of which 5.2 million contracts were options and 216.7 million contracts were futures. ADTV was RUB 747.0 billion (February 2021: RUB 599.9 billion). By…
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