The news of the FX and CFDS industry dominated last week by executive moves, as there were several senior executives in the field of trade on the internet, including a new CEO at CFI Financial Group, New Division leader of Product Spotware Denis Kiselev.
Why was it based on Czech, CFDS Broker Purple Trading CYSEC imposes a fine of € 150,000?
What is the only one with the new levete maintenance machine for businesses?
What else did the founder of XM.com and the control of the Costas Cleanthous shareholder just bought?
Some of the most read and commented news stories in the FX/CFD industry to appear in the last seven days in FNG included:
Top news of the FX and CFDS industry this week
The Purple Trading Operator struck € 150k cysec fine for conflicts of interest, CFDS marketing. Cyprus Financial Regulator CYSEC has announced that a CIF LF Investment Ltd license, which takes advantage of the Purple Trading Brokerage brand (on the Purple-trading.com) for possible violations of investment services and activities and regulated markets in 2017 (2017 (2017 Law ») and the regulation (EU). 600/2014 (‘the regulation’).
Levete reveals the guard’s holding machine for promotion companies. Leverme, a global leader of Fintech in white label trading technology, announced the introduction of the Keeper Challenge, a first market feature that enables privately owned commercial companies to maintain more traders and unlock new opportunities for revenue in critical stages. In a market where most traders fall after closely failed challenge conditions, Levete’s Keeper changes the game. For the first time, promotion companies can give traders a second chance, turning close to warehouses into repeated moments of commitment and new moments of revenue.
BPX receives FCA license for the adjustable market mode for traditional and branched titles. The UK exchange market is taking something with a industry, with the BPX exchange exchange body announced that it has received authorization from the Financial Behavior Authority (FCA) to operate as a multilateral commercial facility (MTF), also the FCA Manager of Alternative Investment Portal 1 of the Bank of England and the FCA Digital Sandbox (DSS).
XM.com’s Costas Costas gets Stake in Cyprus Phileleftheros. Fresh from the acquisition of Cyprus Bank Ancoria earlier this year, the founder of XM.com and the Costas Cleanthous shareholder auditor apparently received a significant share in another Cypriot institution, which became an investor in the oldest and wider Greek language newspaper, Philefteros.
Bruce Markets provides strategic investment from Apex Fintech Solutions, RobinHood, Tastytrade. Bruce Markets LLC today announced an important new strategic investment round led by some of the most important names in the financial sector, such as Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment and Securities, Peak6 Investments, RobinHood, RobinHood, Tastytrade and webull. Bruce Markets said this funding represents a key step in making Bruce ATS’s mission to expand access to US market opportunities through business overnight technology.
Top executive movements of the FX industry this week
❑ The CFI appoints Ziad Melhem as CEO of the team.
❑ Exclusive: Startrader hires Vinicius Danze as Latam Manager.
❑ Revolut hires Béatrice Cossa-Dumurgier as CEO of Western Europe.
❑ Exclusive: Robomarkets hires Ex Spotware CPO Denis Kiselev as head of the product for Stockstrader.
❑ CMC markets hire Citi Exec Christine Romar as head of Europe.
❑ Edgewater purchases hire CME / Nex Alum Paul Allmark as CTO.
❑ Broadridge hires the JP Morgan Exec Ken Macharg as a global head of future fulfillment and options transactions.
❑ Exclusive: Natallia Hunik joins Blockchain Data Flipside as Cro.