LR: What sets Fineco apart from the others FinTech banks? Marco: We have $99 billion in total financial assets with a CET1 ratio of 26,5% and $324 million of net income. FinecoBank is one of the most solid and well-capitalized firms in Europe and one of the most profitable fintech banks. Our business model is…
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LR: You must have some insight into how the global markets have been responding to the coronavirus. Are there any observations you might be able to share? Alex: In the last year, the markets have been extremely volatile and particularly interesting from a trading perspective. We have seen once-in-a-generation moves on many different assets and…
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LR: Do you have any concerns about this new breed of trader having easy access to and influence over the markets? Stavros: I believe that more accessibility is par for the course in the information age. We saw it happening to many other industries before it reached finance: publishing and music, to name two. Right…
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Renowned expert in FinTech, RegTech and regulatory matters in financial services, Remonda Kirketerp-Møller, has over a decade in in senior executive positions at Saxo Bank and CFH (now Finalto), which she co-founded. Remonda founded Danish RegTech company, Muinmos ApS in 2012, filling the market gab to use technology to automate highly complex legal and regulatory…
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LR: Did the virus situation affect the company, and how has Admiral Markets managed this challenging period of global uncertainty within the COVID-19 pandemic? Jens: 2020 was a very unusual year for all of us. The financial sector clearly felt the effects of the pandemic, particularly at the beginning of the crisis, when markets around…
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LR: How has Brokeree been managing through this challenging period of global uncertainty around the COVID-19 pandemic? Elina: Fortunately, process-wise and from an employee perspective, we’ve prepared for such a scenario for years by allowing employees to work from our “virtual office”. While we can not enforce each team member to follow the safety recommendations,…
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LR: How has Capital.com been managing through this challenging period of global uncertainty around the COVID-19 pandemic? Guilhem: As a group, our volumes have grown over more than 900% in 2020, split between our three different entities and we expect next year’s volumes to be significantly higher. The pandemic brought a lot of volatility on…
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LR: What is the primary focus of the Financial Commission? What is special about it? Peter: The main service provided by our organization is the ability for traders to receive free, unbiased and independent help with any situation that may arise with their online broker and receive a balanced and informative resolution to their issues…
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LR: What are the biggest trends you have been seeing? Jeff: First of all, it’s clear that in many cases, the money that brokers make from their B-book is actually just a small proportion of their overall revenue but it comes with a very high proportion of risk, which means that their P&L is extremely volatile.…
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LR: You must have some insight into how the global markets have been responding to the coronavirus? Gregory: As COVID-19 spread, equities plummeted, and market volatility skyrocketed across the charts. Most analysts, including Marshall Gittler, our Head of Investment Research, agree that due to the disruptions in international trade, the economic fallout from COVID-19 continues to be…
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