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Germany
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Institutional FX
Deutsche Börse's Shareholders Elect New Rep to Supervisory Board
2022-05-18T22:38:46.266+02:00
Shannon Johnston emerges as shareholders' representative.
Chairman Jetter calls for support for Ukraine.
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Brokers
German Broker flatexDEGIRO Posts Solid Q1 Financials, Revenue Jumps 14%
2022-04-27T07:50:13.340+02:00
EBITDA of the platform jumped by 76 percent QoQ.
It also onboarded over 185,000 new traders in the quarter.
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News
US, Germany Sanction Russian Darknet Marketplace Hydra, Seize Bitcoins
2022-04-06T10:58:10.304+02:00
It is the largest darknet marketplace in terms of annual turnover.
They also blocked over a hundred linked BTC addresses.
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Retail FX
BaFin Launches Investigation against UpbitFx Exchange
2022-04-05T03:41:00.000+02:00
The website is not authorized or regulated by BaFin.
The company had allegedly cloned parts from another BaFin-regulated firm's website.
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News
Cryptocurrency Adoption Increases in Germany
2022-03-24T15:03:05.419+02:00
According to a report, 44% of Germans are motivated to invest in digital assets.
Almost 45% of crypto investors have started trading digital currencies within the last 6 months.
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FinTech
German Prosecutors Indict Wirecard’s Former CEO
2022-03-14T23:43:00.000+02:00
Markus Braun could face several years in prison if found guilty.
He was accused in a 474-page indictment.
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Felipe Erazo
Retail FX
Analysis: German Active FX/CFD Retail Traders Base Grew 58% Last Year
2022-03-03T20:36:36.702+02:00
84,000 people have actively traded CFDs or margin FX in Germany over the past 12 months.
cPattern reports that for most of 2021, the average FTD was $740.
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Damian Chmiel
Brokers
German Broker flatexDEGIRO Posts 60% Rise in 2021 Revenue
2022-03-01T12:31:58.146+02:00
The broker ended the year with 2.06 million clients.
It doubled its marketing budget last year.
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Arnab Shome
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Institutional FX
Deutsche Bank’s Net Profit Hits €2.5 Billion in 2021
2022-01-27T12:14:19.659+02:00
Profit before tax reached €3.4 billion during the mentioned period.
Deutsche Bank reported sharp growth in its core businesses.
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Bilal Jafar
Executive Moves
Peer Joost Advances to Chief Executive Officer of DIGITEC
2022-01-19T13:17:53.700+02:00
The appointment follows Hans-Jürgen Joost’s retirement, a founder of DIGITEC.
"I would like to formally recognise my father’s contribution to DIGITEC’s growth ...”
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Tom Hazan
News
BXM Operations Plans to Buy Germany’s Bankhaus von der Heydt
2022-01-19T10:01:22.048+02:00
BitMEX Group aims to expand its presence in the European region.
Bankhaus von der Heydt is one of the oldest banks in Germany.
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Bilal Jafar
FinTech
NAGA Group Revenue Hits €55.3 Million for Fiscal Year 2021
2022-01-13T19:32:34.100+02:00
NAGA Group’s 2021 earnings beat the previous year’s results.
The online broker is expanding its product offerings to crypto services.
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Nicholas Otieno
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Brokers
Freetrade Provides Direct Access to German Stock Market
2022-01-13T15:19:58.586+02:00
UK clients of the platform can now invest in German stocks.
The company has plans to allow access to more European markets.
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Arnab Shome
News
Cryptocurrency Certificates Gain Popularity in Germany
2022-01-10T14:53:38.521+02:00
Trading volume related to crypto certificates crossed €1 billion on FCE in 2021.
Overall trading volume came in at €18.4 billion in 2021.
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Bilal Jafar
Brokers
German Broker flatexDEGIRO Sees 55% Jump in 2021 Client Accounts
2022-01-06T10:36:53.222+02:00
The broker ended the year with 2.06 million customer accounts.
It is expecting to end the year with this between 2.7 million and 2.9 million accounts.
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News
German State Cleans and Sells $113 Million Worth of Seized Crypto
2021-12-23T09:15:31.105+02:00
The cryptocurrencies were confiscated from drug traffickers.
The authorities tied with a local bank to handle the cryptocurrencies.
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Institutional FX
Germany’s BaFin Fines Vanguard Group €290K
2021-12-02T21:16:00.000+02:00
The fine came to tighten compliance on voting rights notifications when reporting thresholds.
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Finance Magnates Staff
Regulation
German Political Parties Call for Regulation on Crypto Blockchain Industry
2021-11-26T21:34:00.000+02:00
The SPD, the Alliance 90/The Greens, and the FPD drafted a proposal for crypto and blockchain.
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Felipe Erazo
Executive Moves
Olivier Vigneron to Join Deutsche Bank as Group Chief Risk Officer
2021-11-22T11:22:17.000+02:00
Vigneron will succeed Stuart Lewis.
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Bilal Jafar
News
Fintech TRADANTS Secures $1 Million as Seed Fund
2021-10-29T11:04:42.000+02:00
The company is expected to announce its first product by the end of this year.
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Arnab Shome
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Regulation
Germany’s BaFin Says CoinsTrades Is an Unauthorized Trading Platform
2021-10-20T22:20:59.000+02:00
The German financial watchdog is currently investigating the platform which is registered in St. Vincent and the Grenadines.
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Felipe Erazo
Regulation
New Germany’s BaFin President Vows for Bolstering Supervision Tasks
2021-10-14T00:50:47.000+02:00
Experts said that the institution needs to be more 'receptive' to the changes to restore its credibility.
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Institutional FX
Spectrum Markets Now Offers Turbo Certificates on Selected Equities
2021-09-06T13:18:23.000+02:00
The trading venue launched the certificates to facilitate investors.
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Bilal Jafar
Thought Leaders
BDSwiss Marshall Gittler Talks German Elections & Impact on EU Markets
2021-08-30T14:02:31.000+02:00
Gittler shares his personal insights, views, and projections on the possible impact of the German Elections on markets.
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Retail FX
BaFin Investigates Flab Group LTD for Alleged Unauthorized Activities
2021-08-27T18:59:29.000+02:00
The company is reportedly the operator of the trading platform fortexo.co, already licensed in St. Vincent and the Grenadines.
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