Reider also spent 15 years at Credit Suisse, where he served as Director of Foreign Exchange IT and developed FX systems for cash and derivatives for risk management, transactions processing and e-commerce. Reider holds a PhD in Mathematics from the University of California, Los Angeles. Andrew Ralich, Co-Founder and CEO of oneZero said: Marc’s background…
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OIL Inflations fears triggered a fall in stocks for less than 48 hours. After this, the dominant scenario went back to the “normality” of the last few months of a risk-on approach to the markets. Combined with a weak dollar, this has been the perfect scenario for further recovery of oil, lifted further by positive…
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Chief of the SEC Enforcement Division’s Complex Financial Instruments Unit, Daniel Michael, said: Index providers like S&P DJI play a crucial role in the financial markets. When index providers license their indices for the issuance of securities, as S&P DJI did here, they must ensure that the disclosure of critical features of their products as…
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Anthony Brocco, Founder and CEO of the Advanced Markets group commented: Samer Mourched is a longstanding industry veteran. With more than 15 years of experience in the financial services industry he is the perfect fit for this role and is an invaluable asset to the firm in executing our next level of global expansion plans.…
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Additionally, to improve user experience, FX has integrated QR code depositing system. The new feature provides a very simple way for users to deposit new funds in seconds and is a unique feature in the UK’s trading landscape. Vantage FX has also invested into developing an Account Manager System to ensure an efficient and seamless…
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Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower said: Whistleblowers play a critical role in an investigation, whether at the outset or during the course of an investigation. Today’s awards demonstrate that whistleblowers with specific, credible information who significantly contribute to the success of an existing investigation may be eligible for an…
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The company stated in the announcement: The new status significantly improves the offering for both Trading and Multi-Currency Accounts (MCA) and allows account holders to keep positions over the ex-dividend date and benefit from the US-sourced dividends. The mandatory withholding tax is currently set at 30% while Dukascopy Bank is further working on the improvement…
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Alexander Oelfke, Chief Executive Officer of BDSwiss commented: Sponsoring a pro tennis tournament such as the MercedesCup for the next two years highlights our commitment to collaborate with leading sporting events and organisations. We want to associate ourselves with ATP tour tennis because the athletes participating in next month’s event are all at the top…
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CySEC further explained that as part of the settlement, the regulator assessed the Board’s compliance for the period July 2018 – March 2020, regarding governance arrangements. CySEC said in the announcement: CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, has the power to reach a settlement for any violation…
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EUROPEAN SHARES Shares fluctuated in Europe at the beginning of the week with no significant price action so far, amid a lingering cautious trading stance from investors. The concern over rising prices that sparked last week’s sell-off on stocks, especially on tech shares, hasn’t vanished despite Fed officials playing down inflation data. Even if there…
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