The Cyprus Securities and Exchange Commission (CySEC) announces that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of Maxigrid Ltd, operator of brands such as Dualix and AGM Markets. CySEC reached the decision due to the company’s non-compliance with article 22(1) of the Law, in fulfilling the condition of article 17(9) of…
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What is LiteForex? LiteForex Investments Limited was founded in 2005. It boasts 500,000 clients worldwide and has headquarters in the Marshall Islands. The group also has offices in the Philippines, Kenya, Myanmar, Tanzania, Ghana, Nicaragua, India, Indonesia, Vietnam, Iran, and a recently opened office in Lagos, Nigeria. To cater to its global audience, the owner…
This important achievement will be recognised during the “London Trader Show” on 25 February 2022, when all the prizes will be presented at the Novotel London West hotel in London. February 23, 2022 Limassol, Cyprus The London Trader Show (formerly London Forex Show), which has been held since 2010, is considered a landmark event for…
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FCA licensed FX, CFDs, and spreadbetting broker FINSA Europe Ltd has filed paperwork changing its corporate name to Trade Nation Financial UK Ltd. The corporate name change appears to be in lockstep with the group’s rebranding of its retail operations, from Core Spreads to Trade Nation. As we exclusively reported at the end of 2020,…
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The Commodity Futures Trading Commission (CFTC) today issued an order simultaneously filing and settling charges against Richard D. Neal of North Carolina and his company Golden Signals LLC, for engaging in fraud while acting as a commodity trading advisor (CTA) and commodity pool operator (CPO), for failing to register as a CTA and CPO, and…
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Charles Schwab today announced the launch of the proprietary Financial Planning Action Center, a digital platform that allows clients who work with a Schwab Financial Consultant, Schwab Private Client Advisor, or Portfolio Solutions Group Consultant to track and complete tasks within their financial plan, communicate questions, and help work toward improving financial outcomes long-term. The…
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State Street Corporation (NYSE:STT) today announced that Insights, the firm’s research platform that offers clients proprietary research, exclusive data-driven indicators and the latest market commentary from the firm’s team of global macro strategists, will begin to roll-out a broad range of new tools and functionalities in 2022 and into 2023. Insights keeps clients up-to-date with…
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North American Derivatives Exchange, Inc. (Nadex), which will soon have a new owner, has banned Liang Zheng for engaging in manipulative scheme to defraud Nadex Markets. On August 7, 2019, the Compliance Department sent Liang Zheng an Account Inquiry Letter requesting, among other things, general background information, source of funds information and details regarding her…
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What is ICM Capital?ICM Capital Limited is a London based broker, operates as a wholly owned subsidiary of ICM Holding SARL (Luxembourg). Additionally, support and operation offices have been established in Dubai and Shanghai. The key features of the broker consist of wide product variety – OTC Spot Foreign Exchange, OTC Precious Metals, OTC US…
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What is Market capitalization？Market capitalization refers to the total dollar value of all outstanding shares of a company at the current market price. It is simply the aggregate invested capital of a company represented in a dollar amount. Since it represents the “market” value of a company, it is computed based on the current market…
