Forex.com stated: We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America. Forex.com’s operator, Gain Capital was acquired by US-based StoneX Group last year in July for $236 million.
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FXCM offers trading services in Hong Kong, the UK, the US, Australia, and large parts of Europe. The expansion of the company’s offering allows its clients to trade on an extensive number of listed firms around the world hefty commission and data subscription fees charged by the majority of trading providers. Brendan Callan, CEO of…
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LR: Muinmos was selected for the AI Fintech 100 list. Congratulations! Can you tell us what the AI Fintech 100 list is and why is it important to be included in it? Remonda: Thanks, we were thrilled to have been included in that list in September 2021, which includes the world’s most innovative companies developing…
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The FCA stated: We undertake many reviews of firms’ financial promotions, which are identified through multiple sources including both consumer and firm referrals. We look at every financial advert reported to us. The regulator noted that 38% of all complaints were about retail investing promotion, while retail lending and retail banking constituted 42% and 12%,…
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He further explained that the combined group will offer a broader portfolio of end-to-end solutions for gaming customers around the globe. Mor Weizer, CEO of Playtech, said: This transaction marks an exciting opportunity in the next stage of growth for Playtech, and delivers significant benefits to our stakeholders, including our customers, our shareholders and our…
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The Aussie watchdog noted that for the first three months since the order took effect, ASIC has seen significant improvements in key metrics of retail client losses from CFD trading. The regulator stated that retail clients’ net losses from CFD trading decreased 94% of the quarterly average of $372 million in the year prior to…
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Anneli Tuominen, Vice Chair of ESMA and Director-General at the FIN-FSA of Finland, took the position of Interim Chair on 1 April 2021. Ross takes the helm from Steven Maijoor, the former Chair. She is appointed for a five-year term with a possibility to be renewed only once. Ross is a German national and was…
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Randell will take up the role of Chair of FCA on 1 April 2018. Chancellor Rishi Sunak commented: I want to thank Charles Randell for his work as Chairman of both the Financial Conduct Authority and the Payment Systems Regulator during this important period. Both organisations undertake a vital role in ensuring that the UK…
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Paolo Ardoino, CTO at Bitfinex, said: With today’s increase in server capacity, we’ve beefed up the exchange’s front-end and back-end servers. This doubling of server capacity combined with the improvement to internal networking is likely the biggest upgrade we've had since we moved to our data center. We have an obsessive interest in technical improvement.…
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The service is already available in ten countries including UK, Chile, Canada and Australia. The company noted it plans to make it available for more countries and to add more cyrptocurrencies for withdrawal in the future. The new feature follows the fiat-to-crypto withdrawal service for Skrill, Paysafe’s other digital wallet, launched in February of this…
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