EU financial regulators warn consumers on the risk of trading crypto assets LeapRate

March 17, 2022 BY Steffy Bogdanova

EU financial regulators warn consumers on the risk of trading crypto assets

ESMA further explained the risks behind trading crypto-assets. Many of them are are subject to sudden and extreme price movements and are speculative as their price relies solely on consumer demand. These products are often aggressively advertised to the public with market information that often can be unclear, incomplete, inaccurate or even purposefully misleading. The…

December 16, 2021 BY Steffy Bogdanova

ESMA names Erik Thedéen Vice Chair

Verena Ross, Chair, said: I am happy to announce the appointment of Erik Thedéen as Vice Chair of ESMA. As a Board Member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a wealth of national and international experience to the role, and I…

October 15, 2021 BY Steffy Bogdanova

ESMA appoints Verena Ross as Chair

Anneli Tuominen, Vice Chair of ESMA and Director-General at the FIN-FSA of Finland, took the position of Interim Chair on 1 April 2021. Ross takes the helm from Steven Maijoor, the former Chair. She is appointed for a five-year term with a possibility to be renewed only once. Ross is a German national and was…

July 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: X Open Hub’s Sylwester Jezierski discusses changes in the industry, FP Markets adds more than 500 share CFDs

With the emerging new requirements in the investment ecosystems, it is important for brokerages to keep up with the digital age. Software company Devexperts in cooperation with Turkish broker Global Securities released a number of updates for the BayGlobal trading platform. Users on BayGlobal can now listen to live broadcasts of Global’s financial analysts. Every…

July 13, 2021 BY Steffy Bogdanova

ESMA seeks stakeholder feedback on CCP recovery regime

Klaus Löber, Chair of the CCP Supervisory Committee, said: The launch of ESMA’s public consultations, on the implementation of the CCP recovery mandates, is the first step to ensuring consistency of EU central counterparties recovery regimes at EU level in line with the highest international standards. The proposed Regulatory Technical Standards and Guidelines complement the…

June 11, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Colin Murphy joins smartTrade, CMC Markets reports 63% rise in net operating income for Q1 2021

The Swiss Exchange welcomed VanEck ETP AG as a new issuer of Exchange Traded Products (ETPs). VanEck ETP AG adds 4 new listings which makes a total of 100 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. SIX has recorded trading volumes of CHF 4.6 billion on…

February 26, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCubic names Richard Bartlett Head of Sales, Refinitiv launches Order Splitting on its trading platform

The European Securities and Markets Authority (ESMA) announced that its Board has appointed Annemie Rombouts as Chair of the Corporate Reporting Standing Committee (CRSC). According to the official press release, Rombouts was previously Deputy Chair of the Belgian Financial Services and Markets Authority. Her new appointment as chair of the CRSC is effective immediately. Moscow Exchange…

February 26, 2021 BY Steffy Bogdanova

ESMA appoints Annemie Rombouts as chair of CRSC

The appointment is for term of one year and will run until February 2022. In her new role, Rombouts will be responsible of monitoring of regulatory developments as well as establishing appropriate supervisory convergence on issues relating to accounting (under International Financial Reporting Standards – IFRS), periodic financial reporting, non-financial reporting, electronic reporting developments and…

February 19, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500 reports strong revenue for the year, Fullerton Markets adds MT5 platform

Executed over several days in the first week of February this year in order to limit market slippage, Tesla made a $1.5 billion bitcoin purchase which has now been revealed by Block to have been brokered by the cryptocurrency platform, Coinbase. Up until this announcement it had been unclear who had facilitated the significant purchase,…

February 18, 2021 BY Steffy Bogdanova

ESMA expresses concerns over social media driven share trading

ESMA’s statement is part of investor protection objective to safeguard retail investors, whose participation is key to the development of the Capital Markets Union. ESMA stated: ESMA urges retail investors to be careful when taking investment decisions based exclusively on information from social media and other unregulated online platforms, if they cannot verify the reliability…

Tag: ESMA