Category: Forex

February 04, 2022 BY Steffy Bogdanova

Credit Suisse hires Michael Bonacker as Vice Chairman

Most recently, Bonacker was a senior adviser at Oliver Wyman. Prior to that, he worked at Swiss investment bank UBS as Head of Corporate Development. Bonacker also served as the Head of Asset Management and Corporate Banking at Frankfurt-based BHF bank. He has held a range roles in multiple financial institutions such as Commerzbank, McKinsey,…

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Spectrum Markets releases trading volumes
February 03, 2022 BY Steffy Bogdanova

Spectrum Markets nearly doubles trading volume in 2021

2021 milestones Spectrum’s second full calendar year in business also saw several initiatives and milestones unveiled. This includes the launch of Spectrum’s SERIX European retail investor sentiment data insights, connectivity collaborations with LIST and SIA (now part of Nexi Group), as well as the addition of individual equity Turbos to product range. During 2021, the…

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Appital
February 03, 2022 BY Steffy Bogdanova

Appital adds Bernstein as execution broker

Mark Badyra, CEO Appital, commented: We have been working with Bernstein to develop the platform from the early development phase. Asset managers told us they would like to use Bernstein to execute this type of flow because of their independent market position and strong research focus. Our collaboration gives our shared client base the functionality…

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Playtech
February 02, 2022 BY Steffy Bogdanova

Playtech shareholder vote does not approve Aristocrat's £2.7 billion bid

Acquisition bids falling through Australian gambling equipment maker, Aristocrat, had made an acquisition offer for Playtech stocks at 680 pence apiece last October. Two other companies also showed interest in Playtech, JKO and Gopher, but they ultimately pulled out of the race. The Hong Kong-based company Gopher recently bought Playtech’s financial division Finalto in a…

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CySEC regulation
February 02, 2022 BY Steffy Bogdanova

CySEC enhances regulatory capability through new technologies

Additionally, CySEC will expand its supervisory team to increase the level and frequency of supervision. Since October 2021, 32 new staff members have joined the regulator, 15 of whom have supervisory duties. CySEC has also adopted Big Data management systems so that the regulator is able to quickly screen big volume of trading activity data…

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XTB
February 02, 2022 BY Steffy Bogdanova

XTB sees 71% rise in Q4 net profits

Active clients growth The numbers of active clients on the platform improved significantly in the fourth quarter, as well as the year. The broker registered 42,760 new clients in Q4, 11.3% more than the same period the previous year. The active clients on the platform came at 127,174 in the Q4, 75.8% higher than the…

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