The role of corporate social responsibility (CSR) is growing in global corporations, and has over the years become infused with their identity. Giving back is more than a small charitable act, but rather a reflection of a company’s overall ethos. While every business is – and has to be – focused on profits, perhaps well-performingRead More
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Markets React to the US Election and Potential Monetary Stimulus
It looks like Joe Biden will be the next US president, however it’s almost been a week since the election and the results haven’t been officially announced yet. The media has proclaimed Biden the winner, however, Biden’s opponent Donald Trump is suing many swing states for alleged vote fraud. Indeed, there are many suspicious occurrences such asRead More
4 Years of Trump VS the Markets. Who Wins After 4 Rounds?
President Trump branded himself as something of a saviour for the financial markets during his tenure. He repeatedly stated, often vociferously, how the markets “love” him, and also publicly celebrated the strength of the world’s largest economy, taking most of the credit for its positive performance in the process. His grandiose claims aren’t unlike aRead More
GO Markets obtained Mauritius Investment Dealer Licence
GO Markets continues its strategic expansion into the Middle East, Africa and Asian region. GO Markets obtained an Investment Dealer Licence in Mauritius on 20 February 2020 from the Financial Services Commission (FSC). Mauritius has established itself as an International Financial Centre (IFC) of excellence and repute for Africa and Asia. The evolution of MauritiusRead More
CySEC has suspended Prior Capital Cy Ltd license
The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm Prior Capital Cy Ltd, number 221/13, is suspended in whole. Prior Capital Cy Ltd operates the brands PriorFX and Prior Capital. The main reason for the license withdrawal was the regulator’s suspicions of alleged rules violations and the company’s possibleRead More
FXCM has announced a new partnership with TradingView
FXCM Group, LLC, one of the leading international brokers of foreign exchange trading, CFD trading, cryptocurrencies and related services, has launched an API-powered integration with TradingView, Inc., the all-in-one financial platform for traders in the equity, cryptocurrency, futures, and FX markets. The integration means that FXCM users will be able to execute orders directly fromRead More
The FCA Board announced about two new appointments
The FCA has today confirmed the appointment of two new Non-Executive Directors to the Financial Conduct Authority (FCA) Board. Jeannette Lichner and Bernadette Conroy will each serve three-year terms beginning on 1 April 2020 and 1 August 2020 respectively. They will join the Board as Amelia Fletcher OBE and Catherine Bradley CBE step down followingRead More
FSMA reported the total of € 2,249,602 fines in 2019
In 2019, the FSMA (Financial Services and Markets Authority) imposed 13 administrative sanctions for breaches of financial legislation, for a total cumulative amount of € 2,249,602. According to the official statement, since 2013 and the implementation of a new sanctions procedure, the FSMA has imposed no less than 73 administrative sanctions, for an amount thatRead More
CySEC has suspended the Stocks Forex Ltd CIF license
The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm Stocks Forex Ltd, number 283/15, is suspended in whole. Stocks Forex Ltd operates the brands Forex4Group and Stocks Forex AF. The main reason for the license withdrawal was the non-compliance with some sections of the Regulated Markets Law. According toRead More
Austria’s FMA warns against Morgan Trust and ICTrades brokers
The Austrian Financial Market Authority (FMA) warns the public against the activities of two forex brokers Morgan Trust and ICTrades. These companies have been offering investments without complying with Austrian financial legislation. According to the official statements, Morgan Trust and ICTrades are not entitled to carry out banking transactions in Austria that require a licence.Read More