Archives
European shares gain on hopes of easing in lockdown measures
April 22nd, 2020
European stock markets edged higher on Wednesday as Italy looked set to relax sweeping restrictions to contain the coronavirus, with investors remaining cautious about a swift recovery after more companies issued worrying financial forecasts. The pan-European STOXX 600 index ...
Fondex releases Active Trader Spreads chart
April 14th, 2020
In a continuous effort to be transparent with their clients and stick to one of their key values, Fondex has recently released a new section on their website, showcasing real-time active trader spreads. In a dedicated Execution Transparency page ...
CySEC announced the withdrawal of a Cyprus Investment Firm authorisation
April 13th, 2020
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that has decided to withdraw the authorisation of a Cyprus Investment Firm (CIF). In accordance with CySEC’s announcement: The Cyprus Securities and Exchange Commission (CySEC) informs ...
CySEC suspends the license of a Cyprus Investment Firm
April 9th, 2020
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that has suspended in whole the authorisation of a Cyprus Investment Firm. In accordance with the CySEC’s announcement: The Cyprus Securities and Exchange Commission by exercising the power ...
Whistleblower awarded approximately $2 million
April 9th, 2020
The Securities and Exchange Commission (SEC) announced an award of approximately $2 million to a whistleblower who provided vital information and assistance that substantially contributed to an ongoing investigation. The whistleblower’s information would have been difficult for the agency ...
Business investment up to 25.8% in the euro area
April 9th, 2020
In the fourth quarter of 2019, before COVID-19 containment measures began to be widely introduced by Member States, the business investment rate was 25.8% in the euro area, compared with 23.7% in the previous quarter. The business profit share ...
Global stocks move higher ahead of crucial OPEC meeting
April 9th, 2020
Global stocks posted small gains on Thursday on hopes that the coronavirus outbreak may be slowing in the United States and Europe. Oil futures, meanwhile, are rising ahead of a meeting between Russia and OPEC to discuss production cuts. ...
Coronavirus: Call for single EU tracking app with data protection
April 7th, 2020
Europe’s data protection watchdog has called for a single coronavirus app to be used across the EU, instead of every country making its own. Several countries are developing tracking apps, but privacy advocates warn of the dangers they might ...
VAT exemption thresholds in Europe
April 7th, 2020
Countries around the world have been introducing various fiscal measures to counteract the economic distress caused by COVID-19. One measure—among many others—has been to make changes to Value-Added Taxes (VAT), such as delaying payments, speeding up refunds, or reducing ...
The US Dollar has risen in value this year
April 7th, 2020
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. To the contrary, the currency has risen in ...
