Equities on Deutsche Börse generated €208.7 billion in March 2022 and trading in ETFs/ETCs/ETNs accounted for €39 billion of the turnover. Bonds accounted for €0.5 billion, in certificates €198 billion and in funds €0.3 billion. Allianz SE was the DAX stock with the highest turnover on Xetra last month with €8.5 billion. Lufthansa AG led…
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The new joint-venture with ANZ Bank will also Worldline to significantly expand its merchant acquiring business outside of Europe. It will provide the company direct access to an existing merchants’ portfolio. The company stated in the official announcement: The combination of ANZ’s strong market position and Worldline’s global scale, best-in-class technologies and payment expertise will…
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Konstantin Stiskin, supervisory board member and co-founder at FINOM added: Over 5000 business clients of FINOM are already using Klarna solutions to improve their lives. Professionals and SMEs are the backbone of the European economy, but they are largely underserved when it comes to banking and financial services. At FINOM we work everyday to address…
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The CFTC found that the fraudulent actions of the defendants began in September 2020. They fraudulently solicited $7.2 million from 322 clients, promising to use the funds to trade forex and cryptocurrency in individual managed accounts. According to the regulator, Tinoco and his company, Kikit & Mess Investments did not trade their clients’ money as…
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Playtech’s CEO, Mor Weizer commented: Our full year results demonstrate the quality of Playtech's technology and the momentum across the Group. Our strong performance is underpinned by our B2B business, in particular the tremendous growth we have seen in the Americas. We have made real progress in the execution of our US strategy, supported by…
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According to the court files, Phelps and Castenir formed Maverick, which operated commodity trading pool. In 2013 the company solicited over $1.2 million in funds from investors. The defendants used false materials claiming that Phelps had an extensive history of investing successfully in commodity trading markets. The defendants also falsely assured investors that there would…
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Jason Wilk, Chief Executive Officer of Dave, said: This is an exciting milestone for our Company, our shareholders and all Dave members. We believe blockchain technology has the potential to level the financial playing field across the globe. By aligning with a world-class leader such as FTX US, we are in position to enter the…
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Furthermore, the Commission alleged that defendants were paid $10 million for promoting thinly traded stocks, which they misled investors to believe had high prospects for success. Paul Levenson, Director of the SEC’s Boston Regional Office, said: These scam artists went to great lengths – using bogus companies, aliases, and spoofing their phone numbers – to…
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The new LATAM40 ETF offers access, exposure and tracking of 40 of the largest Latin American stocks a single fund. The company stated: The fund generally invests at a majority of its assets in the component securities of its underlying index and in investments that have economic characteristics identical to the component securities of its…
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FINRA stated: Between January 2017 and January 2021, Crown Capital paid approximately $19.3 million in commissions earned by 18 of its registered representatives to 18 unregistered entities. The unregistered entities were corporations and limited liability companies created by the registered representatives to serve as doing business as names for their securities businesses and were disclosed…
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