CySEC stated: The loss of ICF membership status does not mean loss of rights of covered clients to receive compensation in relation to investment operations carried out until the loss of membership status if the conditions for compensation are fulfilled pursuant to the Directive, nor does it obstruct the initiation of the compensation procedure for…
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Coincheck Group B.V. became public in the United States earlier in March through a De-SPAC with Thunder Bridge Capital Partners IV, Inc.”. The move was part of Monex’s aim to globalize its crypto asset business. With the phase of growth set forth by the De-SPAC, Monex has decided to split the role of CEO into…
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Richard Douglas, CEO of Hong Kong, Saxo Markets, commented: Saxo’s vision is to enable people to fulfill their financial aspirations and make an impact. To achieve that, we're not only offering clients access to more than 60 exchanges globally with over 40,000 instruments covering different asset classes, we're also providing timely, relevant and insightful research…
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In his new role as managing director, Nahas will be responsible for all European CFD business of BUX, running the firm in Cyprus, and is part of the CFD leadership team. Nahas, Managing Director Cyprus CFD operations, added: BUX is a well-established and respected brand in Europe. Its vision and ambition are driven by a…
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Brokers and traders using Hybrid Solutions receive a complete and seamless trading solution through the firm’s VertexFX platform. Hybrid Solutions has been serving Forex brokers with many plugins that cater to traders of all types since 2002. The firm offers availability of its solution on desktop, Web, iOS and Android terminals. Traders and investors are…
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Robert Cielen, Head of Wealth Management for Europe at Credit Suisse, commented: This expansion is proof of our strong commitment to Germany as one of Credit Suisse Wealth Management’s priority markets and is in line with our strategy to grow our business with UHNW and entrepreneurial clients. We are excited to see Sven lead our…
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Gold Gold prices hedged down during early Tuesday trading, due to the precious metal’s inverted correlation with the US dollar. The greenback strengthened as the 10-year treasury yields reached 2.3% for the first time since 2019, after the Fed’s chairman, Jerome Powell, surprised observers by demonstrating an aggressive stance in relation to the need to…
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On the chart, a further leg down doesn’t seem immediately likely given the strength of the 100% weekly Fibonacci retracement around $1.307. This area represents full retracement of all the pound’s losses late in Q1 2020. However, the 50 SMA from Bands has recently death crossed the 100, so a phase of clear gains above…
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Said Rahul, commented: It's an absolute honour to head the talented team at Fullerton Markets. I've seen the company grow from strength to strength over the years and I'm really excited to lead us even further into the future as a world-class multi-asset brokerage. Mario Singh, founder of Fullerton Markets and non-executive chairman, added: Our…
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Rhomaios Ram, CEO Fnality International said: The institutional commercialisation of DLT is being realised through Fnality’s creation of a network of distributed payment systems using blockchain technology. As we progress from testing to real-world implementation, welcoming Euroclear Group as an investor into the Fnality International consortium will significantly enhance the diversification of Fnality’s network and…
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