Consumers have alerted the Australian watchdog that they have been unable to get their money back after investing through this entity. ASIC stated that it is “particularly concerned” about the risk this poses to consumers and investors to lose money when buying into fake crypto-assets. The regulator warned that cryptocurrency investment scams are on the…
Read more
Socially responsible investments following the United Nations Principles for Responsible Investment exceeded $80 trillion in 2018 and Japan’s sustainable investments rose 360% from 2016 to 2018 compared to the global average of 34%. At the G20 Riyadh Summit in November 2020, Prime Minister Yoshihide Suga expressed that his determination to achieve carbon neutrality with virtually…
Read more
EUROPEAN SHARES European equity markets drifted lower on Friday, following a global trend after mounting virus-related fears hit sentiment at the end of the week. The recent market euphoria fed by further stimulus plans and corporate results, peaked on Thursday as Joe Biden’s inauguration as President pushed US markets to record highs. Following that it…
Read more
Thursday’s session began under the spell of risk-on, following Wednesday’s inauguration of the 46th President of the United States. Joe Biden’s presidency promises the deployment of a massive fiscal stimulus package as well as greater harmony between the Treasury and the Fed, with the central bank’s monetary policy likely to remain dovish for the foreseeable…
Read more
Vadher announced the career move on LinkedIn revealing his excitement for the new job: Exciting times ahead. Joining a great company and amazing team! The FXSpotStream team has been expanding recently. Just in a month, the company was joined by Pratik Mangarolia as AVP, Relationship Manager, Merg Limani as Regional Support Manager, Americas, Caryn Kim…
Read more
HKEX launches the Mini USD/CNH Futures contract in response to demand from market participants, particularly medium-sized corporates and individuals, for cash-settled and smaller-sized contracts, helping investors to hedge the RMB currency risk of their positions in different assets, such as equities and commodities. The contract size of Mini USD/CNH Futures is $20,000, or one-fifth the…
Read more
GOLD The presidency of Joe Biden started with expectations for a new stimulus and with a new rally for the bullion price. Gold jumped well above the threshold of $1,850 and is now dancing around the $1,870 mark. This rebound confirms the momentum for gold’s recovery has returned, as investors are betting on further monetary…
Read more
Among that, Vlasceanu led the growth of financial technology provider PrimeXM, where he served as Chief Operating Officer before being appointed to the Chief Executive Officer role. Cristian Vlasceanu commented: Significant headway has been made in the last couple of years to grow the business and place Centroid Solutions on a strategic position in the…
Read more
LR: How has Brokeree been managing through this challenging period of global uncertainty around the COVID-19 pandemic? Elina: Fortunately, process-wise and from an employee perspective, we’ve prepared for such a scenario for years by allowing employees to work from our “virtual office”. While we can not enforce each team member to follow the safety recommendations,…
Read more
Tom Sosnoff, Co-Founder and Co-CEO of tastytrade, added: Early on we knew tastytrade was a very special company. While our long-term goal has always been to go global, we waited almost 10 years until we found the right partner and perfect match. Together we will focus on empowering the self-directed investor and change the way…
Read more