In his new Sweden-based Managing Director role, Broomé is expected to work in close quarters with both European and national regulators in an attempt to establish operations while speeding up Freetrade’s expansion into Europe. Annica Lundblad has been known to hold a number of senior roles within the investment management and financial services industry, and…
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Demetrios Zamboglou, Group Chief Operating Officer commented: The advanced technology present across CFI’s trading infrastructure allows for new and improved features that would ultimately benefit clients in how they trade. As our improvements are always client-centric in nature, we believe that Fractional Shares will open the door for faster and more optimized integrations of future…
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Praxis’s PCI 1-compliant smart cashier software offers access to more than 350 payment service providers (PSP) and over 1,000 alternative payment methods (APM) connections. This wide payment option allows CAPEX.com to pick beneficial deposit methods for its clients, depending on the jurisdiction. Headquartered in Cyprus, Praxis Cashier is a technology company that primarily addresses fintech,…
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Nicolas Breteau, CEO of TP ICAP Group, commented: The Parameta Solutions business is an engine of sustainable growth and diversification for our Group. Its strategy is to develop new products, provide new methods of distribution and grow its client base by expanding its presence with the buy side. Giving the business a new, distinct identity…
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The Financial Industry Regulatory Authority has been known to fine brokerages in the past for failing to report such transactions, including Deutsche Bank’s U.S. securities branch and Merrill Lynch. Regulatory filings eventually revealed that retail investors with Robinhood held a total of $802.5 million in fractional shares. These filings were divulged at the end of…
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GOLD The US Dollar is showing fractional gains against the eurozone currency, while the Dollar Index is also recovering and US yields are in green as well. These movements are similarly reflected on the gold price, which is showing a marginal loss and remains below the key resistance at $1,750. Only a clear surpass of…
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The company also witnessed a record number of active traders during March 2021 – 187,609 – which substantially topped last month’s record of 178,175 for Exness. To once again demonstrate the company’s rapid growth, it is worth noting that the number of active clients using the Exness platform was 103,373 in March 2020. Overall, Exness…
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Arthur Hayes, the former CEO of cryptocurrency exchange platform BitMEX, has surrendered himself in Hawaii to the US authorities and appeared in court on Tuesday. Hayes faces charges suggesting that he did not take necessary action in preventing his innovative start-up from becoming a platform for money laundering crimes. Hayes’ surrender comes six months after…
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EUROPEAN SHARES European equities were trading slightly lower at Friday’s open, without clear direction, following a negative Asian session as Chinese inflation weighs on market sentiment. Even if most investors were recently reassured by FED officials confirming the need to persist with the current strong monetary support to the economy, today’s CPI data from China…
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OIL In the last two weeks WTI has moved in a lateral trading range but it appears clear that the black gold has lost momentum. After months of rallying, investors look to have fully priced in recovery expectations after last year’s crisis so for any new rallies to be generated, investors will need some new…
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