TechFinancials announces the sale of its holding in an entity related to B.O.

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has entered into legally binding, conditional Share Purchase Agreement (SPA) with the Cyprus incorporated company Proverial Ltd. The SPA is conditional inter alia on the consent of the SFSA which is to be received by no later than 30 June 2019.

MarketFinancials only source of income in 2018 was the provision of these services to BO Tradefinancials. However, BO Tradefinancials ceased operations in May 2018.

Asaf Lahav, CEO of TechFinancials said:

We sought to dispose of the Company’s holding in MarketFinancials as we view these operations as being non-core to operations following the decision to step away from B2C operations in Europe. The Company continues operating and serving businesses in the Asian market where the majority of revenue is generated. We are pleased to have now reached a solution and intend to reinvest the sale proceeds into building Techfinancials’ new offering within the blockchain trading sector.

EUR continues to decline. Overview for 15.04.2024

The primary currency pair is below the previous level on Monday. The current EURUSD exchange rate stands at 1.0650. The US dollar strengthened its position

Japanese Candlesticks Analysis 15.04.2024 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern near the support level on H4. Currently, the instrument could go by the

Technical Analysis & Forecast 15.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair completed a decline wave, reaching 1.0622. Today, the market is forming a consolidation range above this level.

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch.com has made it very simple. Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of part or all of your initial investment is possible; therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer: All data and information on this Website are provided “as is” and to be used only for information purposes. Information is not intended for trading or trading recommendations. The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.