Verena Ross, Chair, said: I am happy to announce the appointment of Erik Thedéen as Vice Chair of ESMA. As a Board Member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a wealth of national and international experience to the role, and I…
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CySEC introduced the TPR in December 2020, following Brexit, so that UK companies can continue to offer their services to clients based in Cyprus. The regulator noted that it has received 96 applications to join TPR, of those 88 firms met the requirements. CySEC stated: Amongst the groups of the TPR Entities (the ‘TPR Groups’),…
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Through the new Appital platform, buy-side firms can obtain more exposure to deal flow opportunities, portfolio managers and heads of trading build can gain a comprehensive picture of liquidity, including highly illiquid, small and mid-cap stocks. Rebecca Healey of Redlap Consulting noted in The Trade, discussing her recent report “Liquidity in the Time of Covid”:…
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TP ICAP highlight that there is no evidence that this has happened. Since finding out, the company has been evaluating its exposure and methodically fixing as patches have become available. Additionally, the company has been deploying signatures and enhanced security controls to further strengthen the protection on its environment from the Log4j exploit. The official…
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Greece-headquartered social trading platform ZuluTrade has leveraged the potential of the trading community and algorithmic performance ranking in order to connect traders with investors. This acquisition fits well with Finvasia group’s multi-phase strategy in building an integrated fintech ecosystem for investors. Sarvjeet Singh Virk, Co-founder & Chief Managing Director , Finvasia Group, said: Since Finvasia…
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B2Broker Group of Companies CEO, Arthur Azizov, commented: We are delighted that B2Prime has secured CySEC approval. The licence gives us the scope to provide institutional grade liquidity to clients in over 30 countries. Meanwhile, our clients will be able to benefit from an enhanced level of protection, safe in the knowledge that they have…
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The current channel is narrow with $1,770 and $1,800 remaining in view as likely boundaries. The bias for gold based on fundamentals seems to be towards buying unless the Fed is very hawkish on Wednesday, but TA remains noncommittal. All three moving averages are above the price and momentum upon emergence from oversold (based on…
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According to the Aussie regulator, the company also failed to ensure its representatives were adequately trained and competent. The company’s AFS licence will remain in effect for another 12 months so that its membership of the Australian Financial Complaints Authority is maintained and its obligation to hold professional indemnity insurance cover. Earlier in September, ASIC…
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His career began at Royal Bank of Canada (RBC) where he served on the US Equities Electronic Trading Desk as a market structure analyst. Stan Feldman said: It’s been an honor to work with an exceptional team at IEX from day one and I’m proud to continue my journey here as COO for the Exchange.…
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António Horta-Osório, Chairman of the Board of Directors, said: I am delighted to welcome Francesco to his new role. He joins with an impressive track record and a profound knowledge of Credit Suisse and the industry, reinforcing our Executive Board at this critical junction in our journey. He will undoubtedly play a crucial role in…
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