SEC
December 18, 2020 BY Steffy Bogdanova

Robinhood to pay $65 million to settle charges with SEC for misleading customers

Stephanie Avakian, Director of the SEC’s Enforcement Division, commented: Robinhood provided misleading information to customers about the true costs of choosing to trade with the firm. Brokerage firms cannot mislead customers about order execution quality. Joseph Sansone, Chief of the SEC Enforcement Division’s Market Abuse Unit, added: Robinhood failed to seek to obtain the best…

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daily market analysis
December 17, 2020 BY Steffy Bogdanova

Daily market commentary: Gold touches a new 3-week-high

GOLD A weak US dollar combined with a new stimulus and a dovish Fed have created the perfect scenario for a new rebound for bullion. After some initial uncertainty, the positive momentum that has driven gold in the last few days has accelerated with the price jumping above the resistance level of $1,872-$1,875 to touch…

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CME Group launches Ether Options
December 17, 2020 BY Steffy Bogdanova

CME Group launches Ether futures from February

Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said: Based on increasing client demand and robust growth in our Bitcoin futures and options markets, we believe the addition of Ether futures will provide our clients with a valuable tool to trade and hedge this growing cryptocurrency. Ethereum is the second-largest…

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Plus500 extends its official sponsorship with Atlético de Madrid
December 17, 2020 BY Steffy Bogdanova

Plus500 extends its official sponsorship with Atlético de Madrid

Plus500 has benefitted significantly from its sponsorship of successful sports teams to date by increasing brand recognition internationally, growing brand awareness in important markets and expanding the customer base of the Israel-based online trading broker in new and existing territories. David Zruia, Chief Executive Officer of Plus500, said: We are thrilled to extend our longstanding…

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December 16, 2020 BY Steffy Bogdanova

Bitcoin broke the $20K threshold for the first time in history

Other popular cryptocurrencies, including ethereum (ETH, +6.02%), litecoin (LTC, +7.3%) and XRP (+7.04%) are still down 58% to 88% from their respective lifetime highs reached three years ago. Bitcoin has double its price in the past three months. Unlike its previous rally in 2017, when the demand came from the retail market, this time it’s…

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FCA warning
December 16, 2020 BY Steffy Bogdanova

Duli Finance Advisory, Stock Market Investments and others added to FCA's warning list

Duli Finance Advisory Address: London, England DA161PT, GB Telephone: +44 074 800 64 181 Email: [email protected] Website: https://www.dulifinanceadvisory.com Stock Market Investments Address: 32 London Bridge St, London SE1 9SG, United Kingdom Telephone: +442080899744 Email: [email protected] Website: https://stockmarketinvestments.org Coinsoft Address: VC Management LLC, First Floor, St Vincent Bank Ltd Building, James Street, PO Box 1574, Kingstown,…

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