August 11, 2022 BY Steffy Bogdanova

UNI.Global introduces its mobile app

Uni Card Furthermore, UNI.Global also introduced Uni Card allowing users to freely switch between more than 5 fiat currencies to pay for merchants locally as well as abroad. UNI.Global highlighted UNi Card’s zero annual fees and the lack of foreign exchange transaction fees as its best features. UNi Card also offers four types of memberships…

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TP ICAP
August 11, 2022 BY Steffy Bogdanova

TP ICAP sees a 15% jump in revenue in H1 2022

Parameta Solutions’ revenue was up 6% during the last six months. Adjusted EBIT increased 15% to £142 million, compared to H1 2021. The come company highlighted that it plans to launch its electronic marketplace for institutional clients, Fusion Digital Assets. Nicolas Breteau, CEO of TP ICAP Group plc, commented: Our transformation continues at pace, including…

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Daily Market Commentary
August 11, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar plunges more than 1 percent in relation to other major currencies

European Shares European markets followed the global trend on Thursday, extending a rally as market sentiment strengthened following the latest softer US CPI report. Cash went back from safe havens to riskier assets after investors cheered the US inflation data for July showing a decrease below estimates, which immediately sparked hopes of a less aggressive…

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CySEC fine
August 11, 2022 BY Steffy Bogdanova

ICC Intercertus Capital pays €100K in settlement with CySEC

Specifically, the settlement concerns compliance with firm's marketing, distribution and sales of CFDs to retail clients. CySEC stated: Α settlement has been reached with the CIF ICC Intercertus Capital Limited for possible violation, for the period January 2020 until May 2021 of Article 42 of Regulation (EU) No 600/2014 on markets in financial instruments («the…

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Whistleblower
August 11, 2022 BY Steffy Bogdanova

Two whistleblowers receive over $16 million from SEC

The second whistleblower received over $3 million. They presented to the agency important new information during the course of the investigation. Creola Kelly, Chief of the SEC’s Office of the Whistleblower, said: The information and assistance provided by these two whistleblowers in helping to identify complex wrongdoing demonstrates the importance of the whistleblower program to…

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United Fintech appoints Mitch Vine as Head of New Business Sales in the Americas and Danny Finnerty as a Sales Executive
August 10, 2022 BY Steffy Bogdanova

Mitch Vine and Danny Finnerty join United Fintech's New York team

Danny Finnerty joins the firm SS&C Technologies in New York, where he was in a business development role. In their new positions in United Fintech, Mitch and Danny will report to Mark Lawrence, Director and Head of Americas. Mark Lawrence, Director and Head of Americas at United Fintech, commented: United Fintech’s expansion in the US…

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August 10, 2022 BY Steffy Bogdanova

Swissquote sees a 23% dip in H1 operating revenue

In the official press release Swissquote stated: Despite an environment that was more challenging than initially expected, Swissquote continued to grow its overall customer base in the first half of 2022. The opening of around 34,200 new client accounts (of which some 8,000 non-organic) stands out as a positive development. The new ac-counts resulted in…

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