USGFX entered in to voluntary administration on 8 July with Andrew Cummins and Peter Krejci of BRI Ferrier (NSW) Pty Ltd appointed as administrator. Later on ASIC suspended the company’s Australian Financial Services licence until 23 September. The board of the UK division, USG UK announced that USG Group resolved on 15 August and the FCA regulated USG UK…
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As part of the potential partnership, CDP Equity and Intesa Sanpaolo would join the existing group of Euronext long-term Reference Shareholders. There would be a second Italian candidate proposed as an independent member of the Supervisory Board and would become the Chairman of the combined group. Consob would be invited to join Euronext’s College of…
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What to watch Informa: Business intelligence and events business Informa is down more than 50% year-to-date, as the pandemic has decimated its ability to generate revenue from conferences and other exhibitions. The London-listed firm delivers its latest set of quarterly earnings on Monday. This week, JPMorgan Cazenove downgraded its rating on the stock to neutral,…
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CLS, the market infrastructure provider of risk mitigation services to the global FX market, has released its operating metrics for August 2020. The average daily traded volume submitted to CLS was USD1.649 trillion, down 0.5 percent from USD1.657 trillion in July 2020. Global technology provider First Derivatives announced the appointment of Steve Fisher as a Non-Executive Director of…
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GOLD The gold price is little changed, continuing the slow dance seen in the last few days around $1,950. Bullion is waiting for new market drivers, as investors seem to have fully priced in the current scenario and the hyper-expansive monetary policies of central banks. Carlo Alberto De Casa – Chief analyst, ActivTrades OIL This week’s oil…
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Adjusted EBITDA for TradeTech was €52.8 million, registering a 544% increase (H1 2019: €8.2 million) Playtech continues assessing its option for TradeTech. The company announced in August it was in in early stage discussions regarding a potential sale of the financial unit. The company shared that for next half of the year TradeTech’s exceptional performance…
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The new FSA license is one of the achievements for Equiti Group in 2020 which include partnerships with technology providers YourBourse, FXCubic and Gold-i to expand its liquidity distribution. In June 2020, EGM Securities, subsidiary of Equiti Group signed its first partnership agreement with Kenya-based investment bank Genghis Capital allowing the investment bank to extend its…
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Securing the FCA consent also gives Cornerstone’s clients assurance that they continue to deal with a UK regulated entity that will be able to meet their payment needs of the future. The re-registration of the Company as a public limited company and the change of its name to Cornerstone FS plc are pending approval during…
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Rolls Royce sinks after clarifying funding speculation London-listed shares fell on Wednesday, with the FTSE 100 down 0.4% and the FTSE 250 off by 0.1%. Brexit news dominated headlines, as the Government accepted a compromise that will allow MPs a vote before powers are used that would break international law. Having recovered back to the…
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Dylan Holman, Global Sponsorship, Senior Manager at eToro commented: As a leading investment platform with over fourteen million users, we believe sponsorships are a powerful tool that help build and reinforce eToro as a world class brand. We will be working with clubs to make the financial markets more accessible than ever, using our partnerships…
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