The financial services platforms offer high-risk investment instruments such as CFDs for forex, stocks and other asset classes and cryptocurrencies. One of the entities on the lists claims to be fully EU regulated broker but has not specified details on its license. Consob has the authority to block websites offering illegal financial services at an…
Read more
The DAX-40 index is fluctuating since its impact on the 3,970.0pts resistance level (61.8% Fibonacci) and the MACD indicator already highlights a slowing bullish trend (bearish divergence) on the mid-term view. As previously said, a break-out of the 3,970.0pts level isn’t likely today, but the market may find further support over the 3,950.0pts, 3,935.0pts and…
Read more
The company has already taken steps in its expansion with the appointment of industry veterans to key executive positions. In the past 12 months, the broker doubled its staff. According to the official announcement, the new FCA license comes with the acquisition of regulated broker, previously named Petra Asset Management Ltd. Eurotrader’s CEO, Marcelo Spina…
Read more
Furthermore, the Australian regulator has decided to revise the definitions of 'Active' and 'Complex' products and specifying that all labels should appear at the end of the product trading name and secondary label should appear immediately before the primary label. ETP products should now be named “XYZ Active ETF” (or XYZ Complex ETF). ASIC Commissioner…
Read more
EU benchmarks remains well oriented this morning, with the DAX-40 index from Frankfurt registering the best performance so far as the market now trades well above the 14,500pts mark, with the 14,580.0pts resistance in sight. Pierre Veyret– Technical analyst, ActivTrades Brent oil prices hedged higher during Wednesday trading, read more... Disclaimer: opinions are personal to…
Read more
Hisham Mansour commented: CFI’s leading position in MENA is very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our position. The Egyptian market is a key market in the region and we saw we have to be there physically through a locally regulated company. Mansour further noted that…
Read more
Andreas Lazarou, CCO at Squared Financial, commented: I'm very excited to join Squared Financial at a time when the Group is thriving to mark milestone after milestone. The trading scene is crammed with brokerage companies, and this is when Squared Financial wants to stand out with its avant-garde vision of trading. I am sure that…
Read more
Should such plans go ahead, Moscow is likely to react by further restricting exports, in a move that could create scope for further gains in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…
Read more
In July, the bank appointed Ulrich Körner new Group Chief Executive Officer to replace Thomas Gottstein. Credit Suisse noted that client activities have been impacted by economic challenges and market environment. The bank stated: The Investment Bank has been impacted by the substantial industry-wide slowdown in capital markets and reduced activity in the Sales &…
Read more
Furthermore, Britannia will also become XCore community members. Samuel Gunter, Head of Foreign Exchange Trading, commented: We are excited to grow our Prime Brokerage offering to include CFDs and further expand our technological infrastructure, which will allow us to effectively service the increasing demand from our clients.
Read more