Category: Forex

Playtech
January 21, 2022 BY Steffy Bogdanova

JKO withdraws acquisition offer for Playtech

Aristocrat Offer The Board of Directors of Playtech unanimously recommends that the shareholders vote in favour or Aristocrat Leisure’s offer. Playtech’s Court and General Meetings, where the shareholders can vote on the acquisition offer and on the Playtech Resolutions will be held on 2 February 2022. Playtech’s BoD has shared concerns that it still seeking…

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January 21, 2022 BY Steffy Bogdanova

ASIC to work with 5 Regtech firms to tackle corporate disclosure challenges

The five companies will help ASIC analyse the corporate disclosures and other company datasheets. They will identify and assess compliance by listed companies with a range of requirements, such as continuous disclosure, financial reporting obligations, and the prohibition against deceptive disclosures and security price manipulation. Funding Each of the five small-to-medium regtech enterprises (SMEs) will…

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January 20, 2022 BY Steffy Bogdanova

GK Trade New York names Selim Sari CEO

Sari will focus on GKG’s expansion in the US and on developing partnerships with brokers to enable GKG’s international clients to access the US market. Engin Çubukçu, GKG’s Chairman, said: Selim’s appointment marks a further important milestone in the development of our US business. He will spearhead GK Trade New York’s expansion in the country…

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January 19, 2022 BY Steffy Bogdanova

FCA strengthens rules on promotion of high-risk financial products

Under the new rules FCA is proposing, the regulator would ensure firms that approve and communicate financial marketing have relevant expertise and understanding of the investments being offered. The FCA will also have them improve risk warnings on ads and ban incentives to invest such as new joiner or refer-a-friend bonuses. Moreover, customers looking to…

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January 19, 2022 BY Steffy Bogdanova

Peer Joost becomes CEO of DIGITEC, Hans-Jürgen Joost retires

Peer Joost, CEO of DIGITEC, commented: I would like to formally recognise my father’s contribution to DIGITEC’s growth over the last 40 years. As CEO, he led a team which successfully navigated the Scandinavian banking crisis, the dot-com bubble and global financial crises, reinventing our products and services to satisfy the changing needs of the…

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BlackBull Markets announces the launch of share trading app
January 19, 2022 BY Steffy Bogdanova

BlackBull Markets launches share trading app

BlackBull Markets COO, Benjamin Boulter, commented: From the very start, we have prioritised what investors care about. The breadth of our product offering, our dramatically low fees, and our local customer support are sure to win over investors old and new. It is no coincidence that we are one of the fastest growing brokerages in…

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January 19, 2022 BY Steffy Bogdanova

XTB MENA hires Nadhir Ninouh as Marketing Director

Nadhir Ninouh, Marketing Director at XTB MENA said: I’m extremely pleased to have joined XTB for the next phase of their growth journey and to be working alongside a team of notable industry leaders. I’ll be heavily involved in supporting the firm’s expansion into the Middle East region through my marketing experience and tech background.…

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