In March 2019, Hioch Capital faced allegations of possible regulatory violations and settled with CySEC for €200,000. In June 2020, FCA banned the Cypriot firm for using unauthorised celebrity endorsements on social media as part of their marketing. CySEC stated in the official announcement: The loss of ICF membership status does not mean loss of…
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The company stated: Our mission has always been to provide ThinkMarkets customers with all the tools they need to achieve exceptional trading results with a seamless user experience. According to the official press release, the ThinkTrader platform aims to bridge the gap between mobile and desktop trading. ThinkMarkets stated that the new platform offers muti-screen…
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Gold Gold prices are flat during early Thursday trading, barely moving as traders eye the release of important US employment and inflation data, which is coming out later today and tomorrow. The price of bullion remains conditioned by two vectors that have kept it in a narrow range over the last few sessions; on one…
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Under ESMA regulation, a trader qualifies as a professional if they have a portfolio that exceeds €500,000 in cash deposits and investment instruments. Professional traders must have carried out 10 transaction of significant size per quarter over the last year and should have been working in the financial sector for at least a year. Professional…
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The basic earnings per share for FY 2022 stood at 24.8 pence, down by 60%. The number of leveraged active clients also saw significant decline on yearly basis at 64,243, falling 16% compared to the previous year. The number of non-leveraged clients came in at 3,575, down by 22%. Compared to pre-pandemic levels, the number…
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That was until last February when Maxigrid’s license was withdrawn by CySEC. According to the regulator, the broker violated multiple mandatory compliance rules that led to the cancellation of its license. In the latest announcement, the Cypriot watchdog noted that the broker “unable to meet its obligations arising out of investors' claims and has no…
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With US inflation figures due to be released on Friday, investors are likely to continue to back the greenback in the runup to the publication of the numbers, as any bets against it could end up proving costly. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the…
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Skianis brings extensive experience to his new role having worked for forex and CFDs brokers. Throughout his professional career, he has served several brokerage brands. Most recently, he has worked at IronFX for six months as Head Of Business Development Asia&Africa. Prior to that, he briefly worked for M4Markets as the Global Business Development Manager.…
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Neill Penney, Group Head of FX, LSEG, commented: This new solution is a powerful example of the opportunities LSEG and Tradeweb have to create value for financial market participants. By combining the world-class capabilities of FXall and Tradeweb, asset managers trading Emerging Markets Bonds will have access to a seamless workflow covering enhanced real-time pricing…
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In the official press release shared with LeapRate, Koullapi continued by saying that the decision to reduce the trading costs has contributed to the rise of CAPEX.com’s trading volumes. Koullapi further explained that the move has allowed the company focus on product development. She concluded: The 143% increase in trading volume we registered for May…
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