Yoni Assia, the CEO and co-founder of eToro, a social trading and multi asset brokerage company, made a recent appearance on Charlie Shrem’s podcast, Untold Stories. During his interview, he expressed two general concerns. The first had to do with the world’s need for a publicly accessible digital currency, which would be fully transparent and…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 7, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights U.S. Jobs Report Gives Key Insight to Economy: The wage growth figure, expected to be a setback,…
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Multibank FX aggregation service FXSpotStream has released its volumes report for the month of September. Total volume was $784,236 and average daily volume was $37,345 last month. ADV dropped with 13% MoM, but was up 17.1% YoY, considering the 21 trading days last month. LeapRate reminds that FXSpotStream's August ADV reached a new record of…
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The prop trading company BORSA has announced earlier today that it has invested significant resources in its own MetaTrader 5-based infrastructure to provide reliable and effective control, accompanied by a scaling in its business processes. BORSA is a brand of Borsa Trade LLP registered in the UK. Our fund was looking for a solution allowing…
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Argentex Group PLC, the recently listed foreign exchange services provider, has issued a Trading Update for the first half of the financial year ending 30 September 2019. The company has generated revenues of £9.3 million from 25 June 2019 to 30 September 2019, the period since the Group’s admission to the AIM market of the…
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Equiti Group, the parent company of Equiti Capital UK and EGM Futures, has just announced that it has added Benedict Sears to its institutional team as its new Institutional Liquidity Manager. Prior to joining Equiti, Sears has worked for companies such as XTX and Makor Securities. Commenting on the appointment, Hormoz Faryar, Global Head of…
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Bitcoin revisited the upper $7,000s this weekend, continuing its ranging behavior, but always with a gradual downward slope, as if tempting bears or bulls to grab on. The excitement from a few weeks back is quickly becoming a distant memory, but so is $10,000, its last ranging median for weeks on end. Advocates, however, are…
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There’s gold in them thar hills, or so say-ith the Australian Taxation Office (ATO) and most other major taxing jurisdictions across the globe. After years of lenient auditing practices with regard to crypto tax collection, officials have suddenly realized that there could be enormous payoffs, ripe for the picking, for only investing a few million…
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While news of Bitcoin and all things crypto dominate the financial news headlines, there is also a silent revolution that is overtaking every facet of the business community. No matter where you look, there are new initiatives that are capitalizing on the heavily touted benefits of blockchain technology. Consulting firms have told us that billions…
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Telegram , the encrypted messenger service provider, is launching the Telegram Open Network in late October, 2019. The information comes from an internal company email to investors. This is what the project team posted on Telegram regarding the update to investors: Original investors received emails from the Telegram core team,” and investors will have to…
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