UK-based spread betting and CFD trading operator FINSA Europe Ltd, which operates under the trading names Financial Spreads and Financial Spreads Plus, has unveiled its…
Posts published in November 2020
Alexander Höptner Parts Ways with Boerse Stuttgart
Alexander Höptner is parting ways with his dual position as Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, ending a three-year…
Itaú Unibanco Spines off its 46pct Stake in Brazilian Broker XP
Brazil’s largest bank Itaú Unibanco is spinning off its 46% stake in Brazilian financial services platform XP Inc (XP.O), which has a market capitalization of…
Euro Plunges on Weak German GfK Survey and Dovish ECB Minutes
The euro today fell against the dollar following the release of the weak Germany GfK survey early in the European session combined with the risk-off market sentiment. The EUR/USD currency pair today fell even…
Chinese Yuan Firms As PBoC Signals Flexible, Targeted Monetary Policy
The Chinese yuan is firming against multiple currency peers during the quiet holiday Thanksgiving trading session. The yuan has been strengthening since peaking at around 7.1 against the US dollar.…
PayPal Bans User for Trading Cryptocurrencies
Online payments giant, PayPal has reportedly restricted an account for cryptocurrency trading and placed the balance on hold for six months. The company banned the…
Mike Novogratz’s Galaxy Digital Raised $58.7M for Bitcoin Funds
The Bitcoin funds managed by Mike Novogratz-owned have raised $58.7 million in the first year of their operations, according to a couple of recent SEC…
Libra Hires Former UBS Executive Saumya Bhavsar
Facebook-led announced on Wednesday the hiring of Saumya Bhavsar as the General Counsel of Libra Networks, the payment system subsidiary of the blockchain consortium. Though…
Oxford Competes with Cambridge to Win Algorithmic Crypto Trading Contest
Multi-asset analytics provider, APEX: E3 announced that it has arranged an algorithmic crypto trading competition between students of the University of Oxford and the University…
PayPoint Sees Double-Digit Fall in H1 Profits
PayPoint, a United Kingdom-listed retail payments platform, has published its half-yearly financial results, ending on September 30, showing a downturn across all major metrics, including…