ASIC warns against entities
August 18, 2021 BY Steffy Bogdanova

ASIC issues a warning against trading crypto through unlicensed entities

ASIC said: ASIC understands that some unlicensed overseas platforms are taking, or have already taken, steps to prevent Australian clients from accessing these financial products. These steps include removing references and links, placing additional warnings and disclosures on the relevant webpages and apps, and introducing geographically based IP restrictions (geo-blocking). This prevents more Australian consumers…

Read more
ThinkMarkets becomes official trading partner of Liverpool FC
August 17, 2021 BY Steffy Bogdanova

ThinkMarkets signs sponsorship deal with Liverpool FC

Matt Scammell, commercial director, Liverpool FC, said: A leader in its field that fosters innovation and delivers on quality experiences, values that resonate deeply through the club, we are very happy to add ThinkMarkets as our newest partner. Our worldwide following will generate global exposure for ThinkMarkets, whilst their core markets benefit from tremendous numbers…

Read more
Swiss Stock Exchange
August 17, 2021 BY Steffy Bogdanova

SIX Swiss Exchange partners with Venturelab to support SMEs and Startups

Stefan Steiner, Co-Managing Director, Venturelab, said: We believe that an IPO has always been an important option for scale-ups, and we need to further raise awareness of its benefits. Today, most entrepreneurs lack the necessary knowledge of how IPOs work, and many misconceptions potentially limit growth opportunities for these organizations. The TOP 100 partnership will…

Read more
August 17, 2021 BY Steffy Bogdanova

Weekly data: FOMC’s minutes and RBNZ’s statement ahead

The obvious near-term resistance here is the value area between the 100 and 200 SMAs. Whether this might be tested on Wednesday morning is likely to depend on how markets perceive the accompanying commentary from Dr Orr and other senior members of the RBNZ, not just whether the cash rate is hiked as expected. Lower…

Read more
August 17, 2021 BY Steffy Bogdanova

Nathan Sheets rejoins Citi as Global Chief Economist

In the Spring of 2010, in the beginning of the European fiscal crisis, Sheets acted as Fed Chairman’s international adviser. His contribution was essential in the Federal Reserve Board’s global emergency lending program during the global financial crisis. Sheets also worked at the International Monetary Fund as senior advisor to the US Executive Director, while…

Read more
Acquisition
August 16, 2021 BY Steffy Bogdanova

Paysafe signs a $441 deal to acquire SafetyPay

Philip McHugh, CEO of Paysafe, commented: We are very excited to welcome SafetyPay into the Paysafe family. The team has successfully built a market-leading payment platform that has become the de facto open banking solution for Latin America. We look forward to partnering with Gustavo and the team to continue to build eCash and online…

Read more
finra
August 16, 2021 BY Steffy Bogdanova

FINRA releases warning about phishing email scam

Because the domains show some similarities to the official FINRA domain, it could easily confuse some people. This is especially true if they are relatively new to the company or are not particularly tech literate. FINRA has made it clear that it is important to provide training to employees to ensure that they are aware…

Read more