SEC, Charles Schwab, Tauro Markets, and More: Executive Moves of the Week
- Other companies that reported significant appointments, promotions, and exits include Scope Prime, M4Markets, Marex, 26 Degrees, SEC, Trive, Direct Trading Technologies, Charles Schwab, LSEG, GO Markets, and CoinShares.
Sunday, 06/10/2024 | 06:00 GMT by
Jared Kirui
Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More
- Also making headlines: Centroid integrated Scope Prime’s liquidity pools, DXtrade partnered with Finalto, and LMAX Group entered the FX swaps space. Additionally, find out how Iran’s missile strike on Israel affected crypto.
Saturday, 05/10/2024 | 03:00 GMT by
Jared Kirui
IG Australia Teams Up with Western Chances to Fund Youth Educational Initiatives
- The partnership aims to provide scholarships, funding for educational opportunities, resources, and mentorship for the youth.
- IG Australia is seeking community involvement in supporting Western Chances.
Friday, 04/10/2024 | 18:44 GMT by
Jared Kirui
Tradeweb's September Average Daily Volume Surges 68%, Rates and Credit Drive Growth
- The rates segment saw substantial increases, particularly in US government bonds, up 59% YoY.
- Credit trading also performed strongly, with US credit ADV growing by 77% YoY.
Friday, 04/10/2024 | 13:41 GMT by
Jared Kirui
Belgian Financial Watchdog Flags Seven Firms Engaging in “Recovery Room Fraud”
- The entities reportedly target victims of previous investment scams by offering false recovery services.
- Information about scam victims is reportedly sold to other fraudsters, increasing their vulnerability.
Thursday, 03/10/2024 | 19:48 GMT by
Jared Kirui
Revolut Urges Meta to Compensate Fraud Victims on Its Social Media Platforms: Report
- The fintech giant criticized Meta's recent data-sharing partnership with UK banks as inadequate.
- New UK regulations will require banks and payment providers to compensate victims of authorized push payment fraud.
Thursday, 03/10/2024 | 17:36 GMT by
Jared Kirui
eToro UK's 2023 Net Income Drops 15% as Trading Commissions Decline
- Despite higher trading costs and economic headwinds, the firm reportedly invested heavily in research and development.
- eToro UK increased its total assets by 41% year over year to more than $60 million.
Thursday, 03/10/2024 | 15:24 GMT by
Jared Kirui
US Presidential Campaigns: 49% of Retail Investors Adjust Portfolios Ahead of Polls
- eToro’s survey shows that Gen Z and Millennials are more proactive in adjusting their portfolios ahead of the elections.
- Financial services remain the most popular sector among retail investors.
Wednesday, 02/10/2024 | 18:20 GMT by
Jared Kirui
FlexTrade and Propellant Digital Team Up to Boost Fixed-Income Trading
- The collaboration aims to enhance T. Rowe Price's fixed-income trading capabilities by streamlining workflows.
- It offers access to real-time market activity, historical prices, and aggregated trade volumes.
Wednesday, 02/10/2024 | 15:56 GMT by
Jared Kirui
UK Financial Regulator Warns Against IC Markets Global's Services
- In a notice, the FCA said it had not authorized the company to offer services in its jurisdiction.
- The regulator added that investors engaging with IC Markets Global might not be compensated in the event of losses.
Tuesday, 01/10/2024 | 17:07 GMT by
Jared Kirui
Equinix Bets Big on AI Growth in $15 Billion Data Center Expansion: Report
- The global data center has teamed up with the Canada Pension Plan Investment Board and Singapore's GIC.
- The joint venture aims to acquire land for new developments, potentially adding over 1.5 gigawatts of capacity to Equinix's infrastructure.
Tuesday, 01/10/2024 | 13:55 GMT by
Jared Kirui
Binance Introduces Pre-Market Spot Trading for Crypto Investors
- Pre-market trading periods will reportedly end at least four hours before the official spot trading starts.
- Binance aims for the new service to provide them with early access to potential investments.
Monday, 30/09/2024 | 14:52 GMT by
Jared Kirui
Coinbase Challenges SEC: Judges Question the Regulator's Crypto Rulemaking Rejection
- The judges voiced concerns about the SEC's unclear guidance for the crypto industry, as claimed by Coinbase.
- The SEC defended its stance, citing other priorities and ongoing regulatory efforts.
Monday, 30/09/2024 | 13:14 GMT by
Jared Kirui
London Capital Group, Tickmill, Sucden Financial, and More: Executive Moves of the Week
- Sucden Financial, BME Exchanges, and Global Market Index UK posted significant executive appointments this week, while Tickmill and Trading Pit's Former executive founded a new marketing agency.
Sunday, 29/09/2024 | 06:00 GMT by
Jared Kirui
Weekly Highlights: Revolut Unveils CFD Platform, eToro Buys Aussie Investing App, and More
- In other news, CySEC released new rules for fractional shares; Robinhood is considering launching a stablecoin, while PayPal has launched crypto services for US business accounts.
Saturday, 28/09/2024 | 03:00 GMT by
Jared Kirui
Bybit Secures Full Crypto License in Kazakhstan, Targets CIS Expansion
- This approval allows the exchange to offer digital asset trading, custody services, and investment management to users in the region.
- Bybit Kazakhstan will officially launch in October 2024 under bybit.kz domain.
Friday, 27/09/2024 | 18:47 GMT by
Jared Kirui
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