Equals Money hires ex-Binance, Gemini executiveExecutive reshuffles remained active this week as brokers and fintech firms tapped new leaders across different business lines. Equals Money, a UK-based payments and financial services provider, appointed Marcus Bacchi-Howard as its Head of Digital Assets. His appointment brings deep expertise in digital asset sales and trading to the company...
Posts published by “Jared Kirui”
Germany to require CFD-style warnings for turbosAmong a set of headlines shaping the market this week, Germany’s financial regulator, BaFin, will introduce new restrictions on turbo certificates starting next year. The rules come after data showed that 543,000 retail investors traded turbos between January 2019 and December 2023...
MultiBank hired Dana Massey as its Chief Product and Growth Officer, bringing in a senior leader with experience in scaling multi-market trading platforms.Join IG, CMC, and Robinhood at London’s leading trading industry event!Based in Dubai, Massey’s appointment follows more than three years at Capital.com, where he held several senior roles...
Romance fraud in the UK reached £106 million in losses last year, with reports up 9%, according to a new regulatory review. Scammers exploit online relationships, manipulating victims into sending money, while banks often fail to intervene. Romance fraud has quietly become one of the fastest-growing forms of financial crime in the UK...
Clear Street, a technology-driven prime brokerage and financial infrastructure firm, has tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.Clear Street Eyes EMEA Expansion with New LeadershipBased in London, Cousens will focus on building out the company’s execution capabilities to better serve institutional clients in the region...
March marked another strong month for Interactive Brokers as daily trading activity surged and client accounts continued to grow. During this period, the electronic brokerage firm reported a 44% year-over-year increase in Daily Average Revenue Trades (DARTs). Despite a slight month-over-month dip, the firm’s overall client equity and margin loan balances remained at elevated levels...
Canadian Interactive Brokers' users now have a new way to trade on market-moving events, thanks to the company's expansion of its forecast contracts. Already available in the U.S., these contracts reportedly allow traders to take direct positions on economic data, political decisions, and even climate outcomes...
Nvidia, once the crown jewel of the AI boom, faced an unprecedented $560 billion loss in market value Monday, marking the largest one-day drop in US stock market history, Bloomberg reported. What is Behind Nvidia Stock Fall The selloff was sparked by mounting investor concerns over Chinese AI startup DeepSeek...
The Switzerland-based online trading company Swissquote is eying the recent memecoin frenzy to expand its services to users. The added seven meme cryptocurrencies, a term referring to digital assets originating from internet jokes or viral content.“7 new meme coins are available on SQX,” the company mentioned in an announcement from LinkedIn...
In a new turn of events, a Chinese AI chatbot has not only outpaced its American rivals but also sent shockwaves through global markets. DeepSeek, a low-cost AI app, has risen to the top of the US App Store charts, unsettling major technology firms and challenging long-held assumptions about the future of artificial intelligence.DeepSeek's Meteoric