The move by UBS to acquire Credit Suisse represents the most significant banking deal since the 2008 global financial crisis. Ermotti and Kelleher added that there are challenges but also "many opportunities" for employees, shareholders, clients, and Switzerland itself. The newly created banking giant will oversee $5 trillion of assets, meaning UBS will now take…
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While the decision to end support for Cardano, Polygon, and Solana comes as part of the company's regular review, it also follows the three tokens being named as securities in the recent Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase. Currently, Robinhood offers users the ability to buy and sell 18 cryptocurrencies. However,…
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Emotional decisions can lead to dire consequences, especially when trading. Impulsive buys and sells rarely stem from organised thought processes, and thus they can be compared to the haphazard spin of a slots reel. Trading psychology suggests people have three core responses when faced with challenges: flee, fight, or freeze. These knee-jerk reactions can prevent…
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Successful day trading requires a combination of knowledge, skill, and discipline. Here's some advice to get started: Learn the basics: Before starting to day trade, it's necessary to have a solid understanding of financial markets and how they work, the types of assets available, and the factors that can impact prices. Develop a strategy: Successful…
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Before joining Acuity, Neighbour was Chief Investment Officer at Signal Centre, a company acquired by Acuity. Andrew Lane, CEO of Acuity Trading, commented: Joe's experience and expertise in retail trading will be invaluable as we continue to grow our business in these sectors. This appointment to Acuity's senior leadership team will ensure a steadfast focus…
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The companies will link up to combine StrikeX's expertise in tokenisation and self-custody technologies and CMC's extensive experience in financial services. In addition, CMC Markets will gain access to the latest blockchain-related products and services, allowing it to leverage the technology for its customers over the longer term. CMC added that the "arm's length investment"…
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Bhairav Trivedi, Chief Executive Officer of CAB Payments, commented: Our intention to list on the London Stock Exchange is a sign of confidence in the high quality offering we provide to our customers in a large and growing market; confidence in our strong financial profile backed by a track record of revenue and Adjusted EBITDA…
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The FCA said in its policy statement: Even when the financial promotions regime comes into force, cryptoassets will remain high risk and largely unregulated. Consumers should only invest in cryptoassets if they understand the risks involved and are prepared to lose all their money. Consumers should not expect protection from the Financial Service Compensation Scheme…
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The SEC revealed Monday that it was charging Binance and said BNB and Binance USD are unregistered securities. In its documents, the SEC also listed ten other digital currencies as unregistered securities, including ADA, SOL, FIL, MATIC, ATOM, MANA, SAND, ALGO, AXS, and COTI. Furthermore, the SEC announced on Tuesday that it had charged cryptocurrency…
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Anya Aratovskaya, VP Institutional Sales at Advanced Markets stated: We're excited to partner with Brokeree Solutions to offer our clients enhanced liquidity and trading services." Andrey Kamyshanov, Co-Founder and Managing Partner at Brokeree Solutions, added: We are delighted to partner with Advanced Markets and merge our Prime-of-Prime Liquidity with their innovative Liquidity Bridge. This collaboration…
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