Also, Monex enriches its team with senior hires; FMA warns against unregulated firm.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Crypto Platform
Bitget Integrates New AI Feature
The
cryptocurrency derivatives and copy trading platform, Bitget has launched a new
Artificial Intelligence (AI) feature to automate the trading of digital assets. The feature is integrated into Bitget's Grid Trading tool and
reportedly allows users to select from a range of AI bots.
Gracy Chen, the
Managing Director at Bitget, commented on the new feature today (Tuesday), saying:
"The new feature aligns with Bitget's goal of providing tools for users to
trade smarter."
"The
financial sector has long embraced AI, and the rise of AI-powered products will
undoubtedly enable more complex strategies to be accessible," Chen added.
Spotware Systems Presents
New CEO
Spotware
Systems has announced that Ilia Iarovitcyn has been named as the company's new
CEO. Iarovitcyn joined the team more than six years ago as a Business Analyst.
Prior to that, he worked for MFX Broker, initially as a Technical Specialist
and Dealer and later as the Head of the Technical Development Department and
Chief Dealer.
His
adventure in financial markets began at Grand Capital Ltd. where he was a
Financial Advisor.
"I
bring to the table over a decade of experience in Financial Technology. My
track record includes more than 20 successful launches of diverse products and
projects, which span the establishment of new trading platforms and information
services," Iarovitcyn wrote on his LinkedIn profile.
XS.com Welcomes New
Marketing Manager
XS.com announced
today (Tuesday) that it has onboarded a new Marketing Manager for South Africa,
Mabyanine Phiri.
"We
are proud to be able to call you a member of the XS team," the company
commented in the social media post.
In the
past, Phiri worked for many forex and retail trading companies, starting his
career in 2013. The list of companies he has worked with includes IB Central,
FX Dream Team, Forbes Forex and Broker Solutions.
Monex Europe Enriches Team
with Senior Hires
Monex
Europe, a prominent corporate FX and hedging provider, has boosted its team by
hiring two senior professionals. Michael Huggett, a veteran in financial
markets, joins as the Senior Options Trader. Previously, he was the Director of
UK Corporate Sales at HSBC Global Markets.
Chris
Weeks, known for managing advanced hedging strategies, takes the Head of
Options Sales position, moving from FX payments and risk management provider, Convera.
SFC Bans RaffAello Officer
The
Securities and Futures Commission (SFC) has banned Tsang Kwong Fai, the former
responsible officer and sponsor principal of RaffAello Capital Limited, from
re-entering the industry for two years.
The ban
comes after Tsang was found to have failed to execute his duties while
supervising a listing application between 2017-2018. The SFC decision considers
both the severity of Tsang's failures and his previously clean disciplinary
record.
FMA Warns against Grampoint
Grampoint,
falsely operating as a New Zealand company, has been flagged by the Financial Market Authority (FMA) for using the
details of another legitimate firm without consent. Despite claiming to offer
financial services from New Zealand, Grampoint is not registered to do so.
Further,
reports indicate that the entity is unjustifiably withholding funds, suggesting
caution in dealing with the company.
Microsoft Announces
Additional Job Cuts
Microsoft
is cutting more jobs following the downsizing earlier in January, which
resulted in 10,000 layoffs. The reduction comes at the start of the company's
2024 fiscal year. It follows a trend among other large technology companies,
including Amazon and Google, which have scaled back after rapid expansion
during the Covid-19 pandemic.
Previously,
significant job cuts were announced by Robinhood, UBS, and Freetrade.
Bitstamp and Qi Digital Enable Crypto Payments for Banks
Bitstamp and London-based crypto commerce company Qi Digital have announced a new collaboration. The partnership will allow businesses, banks, and payment providers to accept cryptocurrency payments in a regular manner.
“As crypto continues to evolve and we get closer to our goal of mainstream adoption, this partnership with Qi Digital signals the next step in helping mainstream audiences confidently approach digital assets, by providing seamless crypto transactions for businesses and their customers," Jean-Baptiste Graftieaux, the Global CEO of Bitstamp, commented.
Wells Fargo Promotes Native American Banking Leader
Wells Fargo
has promoted Dawson Her Many Horses, the head of Native American Banking, to
Managing Director. Her Many Horses, an enrolled tribal member, is one of the
first to attain this rank at a major US bank.
Wells
Fargo, holding banking relationships with one-third of federally recognized
tribes in the US, announced this promotion yesterday (Monday).
Crypto Platform
Bitget Integrates New AI Feature
The
cryptocurrency derivatives and copy trading platform, Bitget has launched a new
Artificial Intelligence (AI) feature to automate the trading of digital assets. The feature is integrated into Bitget's Grid Trading tool and
reportedly allows users to select from a range of AI bots.
Gracy Chen, the
Managing Director at Bitget, commented on the new feature today (Tuesday), saying:
"The new feature aligns with Bitget's goal of providing tools for users to
trade smarter."
"The
financial sector has long embraced AI, and the rise of AI-powered products will
undoubtedly enable more complex strategies to be accessible," Chen added.
Spotware Systems Presents
New CEO
Spotware
Systems has announced that Ilia Iarovitcyn has been named as the company's new
CEO. Iarovitcyn joined the team more than six years ago as a Business Analyst.
Prior to that, he worked for MFX Broker, initially as a Technical Specialist
and Dealer and later as the Head of the Technical Development Department and
Chief Dealer.
His
adventure in financial markets began at Grand Capital Ltd. where he was a
Financial Advisor.
"I
bring to the table over a decade of experience in Financial Technology. My
track record includes more than 20 successful launches of diverse products and
projects, which span the establishment of new trading platforms and information
services," Iarovitcyn wrote on his LinkedIn profile.
XS.com Welcomes New
Marketing Manager
XS.com announced
today (Tuesday) that it has onboarded a new Marketing Manager for South Africa,
Mabyanine Phiri.
"We
are proud to be able to call you a member of the XS team," the company
commented in the social media post.
In the
past, Phiri worked for many forex and retail trading companies, starting his
career in 2013. The list of companies he has worked with includes IB Central,
FX Dream Team, Forbes Forex and Broker Solutions.
Monex Europe Enriches Team
with Senior Hires
Monex
Europe, a prominent corporate FX and hedging provider, has boosted its team by
hiring two senior professionals. Michael Huggett, a veteran in financial
markets, joins as the Senior Options Trader. Previously, he was the Director of
UK Corporate Sales at HSBC Global Markets.
Chris
Weeks, known for managing advanced hedging strategies, takes the Head of
Options Sales position, moving from FX payments and risk management provider, Convera.
SFC Bans RaffAello Officer
The
Securities and Futures Commission (SFC) has banned Tsang Kwong Fai, the former
responsible officer and sponsor principal of RaffAello Capital Limited, from
re-entering the industry for two years.
The ban
comes after Tsang was found to have failed to execute his duties while
supervising a listing application between 2017-2018. The SFC decision considers
both the severity of Tsang's failures and his previously clean disciplinary
record.
FMA Warns against Grampoint
Grampoint,
falsely operating as a New Zealand company, has been flagged by the Financial Market Authority (FMA) for using the
details of another legitimate firm without consent. Despite claiming to offer
financial services from New Zealand, Grampoint is not registered to do so.
Further,
reports indicate that the entity is unjustifiably withholding funds, suggesting
caution in dealing with the company.
Microsoft Announces
Additional Job Cuts
Microsoft
is cutting more jobs following the downsizing earlier in January, which
resulted in 10,000 layoffs. The reduction comes at the start of the company's
2024 fiscal year. It follows a trend among other large technology companies,
including Amazon and Google, which have scaled back after rapid expansion
during the Covid-19 pandemic.
Previously,
significant job cuts were announced by Robinhood, UBS, and Freetrade.
Bitstamp and Qi Digital Enable Crypto Payments for Banks
Bitstamp and London-based crypto commerce company Qi Digital have announced a new collaboration. The partnership will allow businesses, banks, and payment providers to accept cryptocurrency payments in a regular manner.
“As crypto continues to evolve and we get closer to our goal of mainstream adoption, this partnership with Qi Digital signals the next step in helping mainstream audiences confidently approach digital assets, by providing seamless crypto transactions for businesses and their customers," Jean-Baptiste Graftieaux, the Global CEO of Bitstamp, commented.
Wells Fargo Promotes Native American Banking Leader
Wells Fargo
has promoted Dawson Her Many Horses, the head of Native American Banking, to
Managing Director. Her Many Horses, an enrolled tribal member, is one of the
first to attain this rank at a major US bank.
Wells
Fargo, holding banking relationships with one-third of federally recognized
tribes in the US, announced this promotion yesterday (Monday).
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!