Refinitiv
February 25, 2021 BY Steffy Bogdanova

Refinitiv launches Order Splitting on its FXall trading platform

With the greater flexibility Refinitiv’s solution offers, traders can split an order into multiple smaller orders that can be traded using the execution methods most likely to minimize market impact and reduce spread costs  - whether traditional request-for-quote or more advanced algorithmic strategies. Jill Sigelbaum, head of Refinitiv FXall commented: The flexibility of a trader’s…

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Moscow Exchange
February 25, 2021 BY Steffy Bogdanova

Moscow Exchange reaches 10 million investors

The ten-millionth account was opened by Tinkoff Bank in the Irkutsk Region. The exchange noted that the most active banks in opening retail investment accounts are Sberbank (4.20 million), Tinkoff Bank (4.19 million), VTB (1.23 million), BCS (0.63 million) and Alfa Bank (0.56 million). The Russian exchange said that its retail client base is mostly…

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Tabula becomes 27th ETF issuer on the Swiss Stock Exchange
February 25, 2021 BY Steffy Bogdanova

Tabula becomes 27th ETF issuer on the Swiss Stock Exchange

Christian Reuss, Head SIX Swiss Exchange in the Business Unit Markets of SIX, said: A warm welcome to Tabula as a new ETF issuer on our platform. Investors now have a choice of 1,538 ETFs, including more than 400 fixed income products. The Swiss Stock Exchange was one of the first European exchanges to launch a…

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saxo bank revenues
February 25, 2021 BY Steffy Bogdanova

Saxo Bank reports 2020 net profit of DKK 750 million

Kim Fournais, CEO and Founder of Saxo Bank, commented: As we look back on 2020, we are both humbled and proud that we were able to reach new heights for Saxo Bank, welcoming a record number of more than 238,000 new trading clients. We now see the results of our strategic decisions to further broaden…

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February 24, 2021 BY Steffy Bogdanova

The FCA to return £3.4 million to investment fraud victims

The scheme raised more than £15 million from more than 1,000 individual accounts. The UK watchdog took action against the schemes to prevent disposal of the remaining funds, however, there was still a shortfall of £3,285,413 in the DWS deposit-taking scheme and £834,402 in the OEL collective investment scheme. The FCA was able to recover…

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eToro
February 24, 2021 BY Steffy Bogdanova

eToro service comes back online after system crash

There was a stream of updates noting that the team was working to fix the issue stayed down until Wednesday morning. The episode of systemic failure was not the first, just the previous day on 22 February there and another one occurred in mid-January. They were resolved swiftly by the company, just in a few…

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digital wallet
February 24, 2021 BY Steffy Bogdanova

Skrill introduces new withdrawal feature to the digital wallet

Lorenzo Pellegrino, CEO of Skrill, NETELLER, and Income Access at Paysafe. said: More people than ever are buying cryptocurrency as a long-term investment, particularly in light of recent institutional backing from the likes of Tesla, which has driven Bitcoin to fresh all-time highs. Skrill, part of the integrated payments platform Paysafe, works to develop global…

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daily market analysis
February 24, 2021 BY Steffy Bogdanova

Daily market commentary: The pound continues to gain ground against the dollar and the euro

EUROPEAN SHARES  Most European equities continued their consolidation on Wednesday in contrast to extended losses in the Asian session overnight. Fed Chairman Jerome Powell tried to “reassure” investors yesterday saying the economic recovery still has a long way to go with dovish policies remaining in place as long as necessary. Investors don’t seem to be…

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February 24, 2021 BY Steffy Bogdanova

RoboMarkets to stop offering trading services for crypto CFDs

Denis Golomedov, CMO at RoboMarkets commented: We have claimed repeatedly that our priority is protection of clients’ interests. That is why we have decided to close crypto for our clients. This will help us make the clients’ assets safe from high risks entailed by operations with crypto instruments. The decision is influenced by UK FCA’s…

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