ASIC, AFS licence
November 27, 2020 BY Steffy Bogdanova

ASIC cancels AFS licences of Jels Financial Group and Selectinvest

The company also failed to lodge its audited accounts for the 2017-19 financial years. Companies holding an AFS licence must lodge their financial statements and auditor’s reports annually. ASIC decided to cancel Selectinvest’s licence because the company failed to maintain its external dispute resolution membership with the Australian Financial Complaints Authority (AFCA) and had failed…

Read more
daily market analysis
November 27, 2020 BY Steffy Bogdanova

Daily market commentary: The US dollar continues to lose ground

GOLD The breakdown of the support level of $1,850 has damaged the medium-term trend for gold, opening space for further correction. Positive news regarding Covid vaccines has pushed investors to bet on riskier assets, temporarily reducing their exposure to gold. With US markets working shorter hours today due to the Thanksgiving long weekend, there are…

Read more
Forex Weekly Look Back
November 27, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: IS Prime turnover rises 30% in 2020, Benjamin Boulter appointed global head of partnerships with BlackBull Markets

Boerse Stuttgart announced today that Alexander Höptner, Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, is leaving the Group at the end of the year at his own request to pursue new professional challenges. The Boerse Stuttgart group has not yet made a decision about his succession in the two companies. Alexander…

Read more
IS Prime
November 27, 2020 BY Steffy Bogdanova

IS Prime reports 30% rise in turnover in 2020

Raj Sitlani, Managing Director, ISAM Capital Markets said: Our financials confirm IS Prime’s position as a global market leader in our industry and we are very pleased to report yet another year of record revenues. We have achieved significant growth outside the UK, virtually doubling our turnover in the rest of Europe. We have also…

Read more
eToro’s former UK CEO Iqbal Gandham joins CoinBurp
November 26, 2020 BY Steffy Bogdanova

Alexander Höptner steps down as Chairman of the management board of Boerse Stuttgart

At his position he was responsible for Primary Markets, Communication Policy and Digitisation. Michael Völter, Chairman of the Management Board of Vereinigung Baden-Württembergische Wertpapierbörse e.V., owner of Boerse Stuttgart Group said: Alexander Höptner has sharpened our strategic focus as an exchange for retail investors and made us a pioneer in the field of digital assets.…

Read more
Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others
November 26, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Goldchinapro.com, CloudForexOptions and others

CloudForexOptions purports to be based in located in Miami, Florida and claims to offer plans for investment in cryptocurrencies. The company operates through website www.cloudforexoptions.com. CloudForexOptions, however, is not registered to trade in, or advise on, securities or derivatives in BC. Ebitcoino Limited (Ebitcoino) claims to be based in the United Kingdom, and it claims…

Read more
Moscow Exchange
November 26, 2020 BY Steffy Bogdanova

MOEX launches trading in Ozon ADS

Yury Denisov, CEO of Moscow Exchange, commented: Ozon is one of Russia’s leading e-commerce platforms and an excellent example of successful business evolution from a small start-up to a major public company. Millions of Ozon’s clients now also have the opportunity to become the company’s shareholders. It is particularly pleasing for us that Ozon has…

Read more