Category: Forex

November 21, 2022 BY Steffy Bogdanova

eToro’s SPAC partner to return $250 million to investors

FinTech Acquisition Corp. V was set up by well-known financier Betsy Cohen. The SPAC company and eToro announced their proposed merger in March 2021. The estimated implied equity value of the merger was initially at $10.4 billion, but was later taken down to $8.8 billion. The merger was terminated as the Israeli retail broker and…

Read more
European stock market experiences positive change
November 21, 2022 BY Steffy Bogdanova

Daily market commentary: Risk appetite is on the downside as investors digest the latest news of fresh Covid-related restrictions in China

European Shares European benchmarks opened mixed on Monday, continuing the trend started by Asian shares overnight, as market sentiment starts a new trading week under pressure. Risk appetite is on the downside this morning as investors digested the latest virus development from China where rising Covid deaths are sparking worries of tighter restrictions in the…

Read more
November 20, 2022 BY Steffy Bogdanova

Capitalise.ai partners with AvaTrade to provide automated trading

Daire Ferguson, AvaTrade CEO, commented: Our partnership with Capitalise.ai is just further proof of our ongoing commitment to our traders, as we continue to provide them with innovative ways to trade, apply strategies and make every trade easier to accomplish, ensuring that everyone can become a trader. The newly announced collaboration will allow AvaTrade clients…

Read more
November 17, 2022 BY Steffy Bogdanova

Shahid Naveed joins Freetrade as CTO

Naveed has nearly two decades of experience in technical leadership roles. Most recently, he served as VP of Engineering at London-listed Auction Technology Group. He has also previously overseen the development of Amazon Video’s ownership systems globally. ‍Shahid Naveed, CTO of Freetrade, commented:  I am thrilled to join Freetrade as CTO, a company that is…

Read more
November 17, 2022 BY Steffy Bogdanova

CySEC and ROInvesting.com operator Royal Forex reach a €120K settlement

Royal Forex is the parent company of Europe-based online trading broker ROInvesting. The brokerage recently extended its partnership deal with Italian football club AC Milan. Royal Forex operates forex and CFDs brokerage brand ROInvesting. Additionally, the broker strengthened its brand recognition by inking a sports sponsorship deal with the famous Italian football club, AC Milan…

Read more
Market Analysis
November 17, 2022 BY Steffy Bogdanova

Daily market commentary: European markets edged moderately higher alongside US futures

European Shares European markets edged moderately higher, alongside US futures, as bullish sentiment stays alive despite poor performances registered by Asian shares overnight and ahead of a busy day on the macro front. Market sentiment remains supported by investors’ risk appetite as almost all EU benchmarks are trading in green territory, holding their recent gains…

Read more