Also, Webull expand to ASX equities; BaFin Extends AML measures on N26.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Clearsky Network Eyes Expansion in Cyprus; Opens New
Office
Clearsky Network, a company specializing in the
financial markets, payments, and blockchain technology, has opened a new office
in Limassol, Cyprus. The company announced the step last week, saying it
plans to strengthen its presence in the region.
Amir Peled, Clearsky Network’s Chief Financial
Officer (CFO), will be relocating to Limassol to manage the new office, the
company said in a statement. Some of the services offered at the new location are company formations and corporate services.
"This new office under my management gives us the
opportunity to better assist clients in all aspects of their business and be
more hands-on with localized support," said Peled.
Alchemy Pay has announced a new service that
enables users to purchase as low as a dollar's worth of cryptocurrency. The new
service is part of the plans by the fiat-cryptocurrency payment platform to remove
barriers to purchasing digital assets.
The service is reportedly supported by several
crypto networks, including USDT, USDC, ERC20, and TRC20, the company said in a
statement today (Monday).
Based in Singapore, Alchemy Pay was founded in 2017.
The platform links cryptocurrencies to fiat currencies and claims to support
users in more than 170 countries.
Joshua Cater Joins
Bloomberg
Experienced
FX professional, Joshua Cater, announced today (Monday) that after nearly five years,
he is leaving the London Stock Exchange Group (LSEG) and joining Bloomberg's eFX
Sales, Electronic Trading FXGO division.
“I’m
happy to share that I’m starting a new position as eFX Sales - Electronic
Trading FXGO at Bloomberg!,” Cater commented on his social media.
Previously, he has worked at State Street, Western Union Business Solutions, and City
Index, where he held various roles including FX Dealer and Sales Lead in the FX
divisions.
CNVM Issues New Warnings
The
National Securities Market Commission (CNMV) has issued warnings against
several entities, including BRAGA CAPITAL FX LLC, ORIONNXT LTD, SSJTCF,
ENCOUNTER FINANCE LTD, and FCF MARKETS.
These
institutions are not registered in the CNMV's corresponding registry and are, therefore, not authorized to provide investment services. The warning serves as
a reminder for investors to exercise caution and verify the credibility of
financial entities before investing.
The
platform will now feature over 2,000 ASX-listed stocks, ETFs, and hybrid
securities, alongside its existing 15,000+ US stocks and options. This offers
Australian traders more diverse investment options.
Beware of Wilby
Securities' Fake Shares
New Zealand
residents are cautioned against engaging with Wilby Securities, an unregistered
company offering pre-IPO shares, notably in ChatGPT. Wilby Securities is not
licensed to provide financial services within New Zealand and has been
implicated in potentially fraudulent activities.
The
Financial Markets Authority (FMA) advises exercising caution when dealing with
this entity, emphasizing the importance of thorough due diligence in investment
decisions.
Broadridge International
Appoints New President
Broadridge
Financial Solutions has announced the appointment of Mike Sleightholme as the
President of Broadridge International. Based in London, Sleightholme will
oversee customer support and the company's growing technology and data solutions portfolio throughout the EMEA and Asia Pacific region.
"I'm
excited to lead Broadridge's global business and to grow our client
relationships and footprint globally," Sleightholme commented. "Buy-
and sell-side firms across Europe and Asia face their own unique set of
technology and regulatory challenges, and I am eager to work with our talented
team to provide clients with innovative technology solutions paired with local
market expertise to transform their businesses and drive growth."
Typhoon Signal No. 8
Delays HKEX Trading
The Hong
Kong Exchanges and Clearing Limited (HKEX) has delayed its securities and
derivatives market trading due to Typhoon Signal No. 8. If the signal remains
in effect or any extreme conditions persist, the morning trading sessions
across all markets will be cancelled.
However, trading will resume approximately two hours later if conditions improve by noon.
This decision demonstrates HKEX's commitment to the safety and well-being of
its traders and staff.
BaFin Extends Anti-Money
Laundering Measures on N26 Bank
Despite
some progress, N26 Bank AG continues to face challenges in its anti-money
laundering and terrorist financing systems. In response, the Financial
Supervisory Authority (BaFin) has extended and specified certain measures
against the institution.
These
include growth restrictions for new customers and a mandate for a special representative
to oversee the implementation of the ordered measures. This development
signifies BaFin's ongoing commitment to ensuring financial institutions'
compliance with legal obligations
Clearsky Network Eyes Expansion in Cyprus; Opens New
Office
Clearsky Network, a company specializing in the
financial markets, payments, and blockchain technology, has opened a new office
in Limassol, Cyprus. The company announced the step last week, saying it
plans to strengthen its presence in the region.
Amir Peled, Clearsky Network’s Chief Financial
Officer (CFO), will be relocating to Limassol to manage the new office, the
company said in a statement. Some of the services offered at the new location are company formations and corporate services.
"This new office under my management gives us the
opportunity to better assist clients in all aspects of their business and be
more hands-on with localized support," said Peled.
Alchemy Pay has announced a new service that
enables users to purchase as low as a dollar's worth of cryptocurrency. The new
service is part of the plans by the fiat-cryptocurrency payment platform to remove
barriers to purchasing digital assets.
The service is reportedly supported by several
crypto networks, including USDT, USDC, ERC20, and TRC20, the company said in a
statement today (Monday).
Based in Singapore, Alchemy Pay was founded in 2017.
The platform links cryptocurrencies to fiat currencies and claims to support
users in more than 170 countries.
Joshua Cater Joins
Bloomberg
Experienced
FX professional, Joshua Cater, announced today (Monday) that after nearly five years,
he is leaving the London Stock Exchange Group (LSEG) and joining Bloomberg's eFX
Sales, Electronic Trading FXGO division.
“I’m
happy to share that I’m starting a new position as eFX Sales - Electronic
Trading FXGO at Bloomberg!,” Cater commented on his social media.
Previously, he has worked at State Street, Western Union Business Solutions, and City
Index, where he held various roles including FX Dealer and Sales Lead in the FX
divisions.
CNVM Issues New Warnings
The
National Securities Market Commission (CNMV) has issued warnings against
several entities, including BRAGA CAPITAL FX LLC, ORIONNXT LTD, SSJTCF,
ENCOUNTER FINANCE LTD, and FCF MARKETS.
These
institutions are not registered in the CNMV's corresponding registry and are, therefore, not authorized to provide investment services. The warning serves as
a reminder for investors to exercise caution and verify the credibility of
financial entities before investing.
The
platform will now feature over 2,000 ASX-listed stocks, ETFs, and hybrid
securities, alongside its existing 15,000+ US stocks and options. This offers
Australian traders more diverse investment options.
Beware of Wilby
Securities' Fake Shares
New Zealand
residents are cautioned against engaging with Wilby Securities, an unregistered
company offering pre-IPO shares, notably in ChatGPT. Wilby Securities is not
licensed to provide financial services within New Zealand and has been
implicated in potentially fraudulent activities.
The
Financial Markets Authority (FMA) advises exercising caution when dealing with
this entity, emphasizing the importance of thorough due diligence in investment
decisions.
Broadridge International
Appoints New President
Broadridge
Financial Solutions has announced the appointment of Mike Sleightholme as the
President of Broadridge International. Based in London, Sleightholme will
oversee customer support and the company's growing technology and data solutions portfolio throughout the EMEA and Asia Pacific region.
"I'm
excited to lead Broadridge's global business and to grow our client
relationships and footprint globally," Sleightholme commented. "Buy-
and sell-side firms across Europe and Asia face their own unique set of
technology and regulatory challenges, and I am eager to work with our talented
team to provide clients with innovative technology solutions paired with local
market expertise to transform their businesses and drive growth."
Typhoon Signal No. 8
Delays HKEX Trading
The Hong
Kong Exchanges and Clearing Limited (HKEX) has delayed its securities and
derivatives market trading due to Typhoon Signal No. 8. If the signal remains
in effect or any extreme conditions persist, the morning trading sessions
across all markets will be cancelled.
However, trading will resume approximately two hours later if conditions improve by noon.
This decision demonstrates HKEX's commitment to the safety and well-being of
its traders and staff.
BaFin Extends Anti-Money
Laundering Measures on N26 Bank
Despite
some progress, N26 Bank AG continues to face challenges in its anti-money
laundering and terrorist financing systems. In response, the Financial
Supervisory Authority (BaFin) has extended and specified certain measures
against the institution.
These
include growth restrictions for new customers and a mandate for a special representative
to oversee the implementation of the ordered measures. This development
signifies BaFin's ongoing commitment to ensuring financial institutions'
compliance with legal obligations
Cheetah Fund Investors Lose $9 Million in Alleged Fraudulent Scheme
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
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▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔