The following market analysis was prepared for LeapRate by Alejandro Zambrano Chief Market Strategist at ATFX and Investingcube.com. The Bank of Canada and the Canadian Dollar will come into focus on January 22, when the Canadian central bank will hold its first-rate meeting for the year. The BoC lifted its interest rate to 1.75% in October…
Read more
Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has just announced an expected growth in net revenues of 5 to 10% for 2019. The initial pre-tax profit forecast for 2019 of CHF 44 million was revised to CHF 48 million in July 2019. The forecast has now been achieved with total net revenues…
Read more
Alexander Geralis is part of Spotware's team since October 2018, when he was hired as Chief Product Officer of cXchange, Spotware's digital asset exchange solution. Alexander is now a Business development manager at Spotware. Throughout his career, Alexander has been trading cryptocurrencies, as well as physical commodities in the marine fuel sector for a number of…
Read more
Coinbase has recently settled a class-action lawsuit that was filed against the exchange by the victims of the now-extinct cryptocurrency exchange Cryptsy for nearly $1 million. The settlement between the Cryptsy victims and Coinbase was reached in December 2019. The exact amount of the settlement is $962,500 and it will be transferred to an escrow account.…
Read more
Payments platform Paysafe has announced yesterday that it has expanded its omni-channel payments offering through the launch of the Cloud SDK from integrated payments firm Handpoint. The Cloud SDK will allow independent software vendors (ISVs) with cloud-based platforms to provide businesses with enhanced in-person payments. According to Paysafe's Q3 2019 report, US, Canadian, and UK…
Read more
New Zealand Financial Markets Authority (FMA) has recently added several more names to its list of unregulated firms and suspected scams. The latest additions are the companies Tower Hill Limited, GG Trade International Ltd, Boulder Wealth GG Trade and Jinshi Global Financial Group. The regulator recommends exercising caution before dealing with these companies as it…
Read more
Deutsche Börse has informed that, as of Tuesday (January 14th), a new Exchange Traded Fund (ETF) of Purpose Investments is tradable on Xetra and Börse Frankfurt. The ETF will be tradable via the white label platform of HANetf. The Medical Cannabis and Wellness UCITS ETF is the first ETF in Europe to offer investors access…
Read more
The UK watchdog FCA has issued some more warnings against unauthorised companies this week. The names of the latest additions to the regulator’s warning list are Compare ISA deals, Porter Todd Law, Noble Grossart Bank, Kurt Barremaecker. According to the regulator, the fraudsters are using or giving out the following details as part of their…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 14, 2020. UK housebuilder Taylor Wimpey said this morning its full year 2019 results would meet expectations “despite ongoing economic and political uncertainty.” The UK housing market has been seen as a barometer of Brexit sentiment…
Read more
Cyprus regulator CySEC has yesterday announced that it has decided to impose a total fine of €10.000 to the company Solid Financial Services Limited. The company did not ensure that the details regarding derivative contracts concluded were reported to a trade repository. Solid Financial Services Limited has also provided a false statement regarding its reporting…
Read more