AFM first flagged concerns towards the end of last year surrounding fears that retail investors are not thoroughly protected against the aforementioned derivative products. It additionally cited an official survey from regulators which found that around 68% of turbo investors in retail end up losing their money, the survey finding an average loss of around…
Read more
Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The importance of a website goes beyond making an aesthetically appealing series of pages and delves into the needs and expectations of traders. This is a preemptive effort by the team to future proof the CFI name and experience while ensuring…
Read more
Saman Michael Far, VP, Financial Services Technology, Amazon Web Services, added: We are excited to support Broadridge’s Private Market Hub, which accelerates the digitization of a critical part of the financial services infrastructure. Private Market Hub’s use of Amazon Managed Blockchain, a fully managed blockchain service, allows us to help Broadridge scale efficiently and more…
Read more
In their new roles, Liao and Rosha will be based in Hong Kong. Liao has been with the bank for 24 years and has been considered one of the front-runners as a replacement of Wong. Rosha became CEO of India in 2018 has previously served as head of the APAC financial institutions group. Brock Silvers,…
Read more
EUROPEAN SHARES Stocks opened modestly higher in Europe on Tuesday, with gains in utilities offset by losses from automakers. No significant price action has been spotted so far and investors face much less volatile and directional markets this week due to the lack of market drivers. Most benchmarks are still flirting with historical highs and…
Read more
Before his six year stint at Bank of America, Elfring held a position at Credit Suisse, taking responsibility for the investment banking coverage spanning both Benelux and Northern Europe. More recently, Elfring took up the role of adviser to CVC Capital Partners, a private equity firm. Having begun his career at ABN AMRO in the…
Read more
Daniel Chen, CEO and Co-founder at Fortex, commented: Fortex specializes in helping enterprise clients innovate and re-orient their trading business to fuel continuous growth. From exchange products to FX/CFD to crypto derivatives, we discover deep values for our clients by leading changes and overcoming pain points, armed with superior computing power and data insights. Our…
Read more
Balance of trade from both countries plus of course American core inflation are the key releases to watch this week. The BoC’s meeting on Wednesday afternoon GMT is unlikely to generate a clear movement on this chart but volatility during the subsequent press conference could increase as traders try to read behind the lines of…
Read more
Prior to joining LMAX, Leonidou worked for B2Broker as Director of Sales at first and then moving on to as Managing Director in 2018. He served as Head of Sales at Leverate where he spent almost two years between May 2015 and April 2017 and before that at Saxo Bank as a Director, from August…
Read more
iForex boasts more than 750 CFD instruments on FXnet, which have higher leverage at this moment in time. Such instruments even include some of the trending cryptos, such as Dogecoin. Recently, iForex had begun to use AI to monitor trading patterns easily, while introducing features to help its traders. One iFOREX official stated: We’ve discovered…
Read more