Day: June 14, 2022

Jun 14
Canadian Securities Administrators Appoint New Chair and Vice-Chair

Montreal – The Canadian Securities Administrators (CSA) today announced the appointment of Stan Magidson, Chair and CEO of the Alberta Securities Commission (ASC), as Chair of the CSA for a three-year term, effective July 1, 2022.  Mr. Magidson succeeds Louis Morisset, President and CEO of the Autorité des marchés financiers who has served as the […]

Jun 14
OpenSea announces new security features to protect users from NFT scams

The new feature will automatically hide suspicious NFT transfers from view on their marketplace. 394 Total views 7 Total shares One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs). In light of the growing number of NFT scams, OpenSea has announced the launch of […]

Jun 14
FedEx stock soars toward biggest gain in 29 years, adds 150 points to Dow transports price

The Dow Jones Transportation Average DJT, +2.09% powered up Tuesday, driven FedEx Corp.’s FDX, +12.55% best one-day stock performance in three decades, even as the broader stock market turned lower. The Dow transports shot up 313 points, or 2.4%, with 13 of 20 components gaining ground, while the Dow Jones Industrial Average DJIA, -0.08% fell […]

Jun 14
Total net assets of Belgian investment funds amounted to a little more than EUR 204 billion at the end of 1Q2022

The Financial Services and Markets Authority (FSMA) has published a new edition of its quarterly dashboard of Belgian public open-ended investment funds, generally referred to as investment funds. The overview presented in this dashboard covers the first quarter of the year 2022. This press release is not available in English. Please consult the French or Dutch site. Source: FSMA

Jun 14
Information for customers of unauthorised firm BubbleXT

On 6 October 2020, the FCA published a Warning against BubbleXT, a firm we believe may be providing financial services or products in the UK without our authorisation.  The FCA has become aware that consumers are still being targeted by scammers who have set up ‘recovery rooms‘ with promises of returning their funds for a […]

Jun 14
FCA to strengthen protection of access to banking services

Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed by the Financial Conduct Authority (FCA). The FCA is also consulting on requirements for more detailed analysis on how firms assess the impact on customers when they plan to close […]

Jun 14
Spirit Airlines continues to mull Frontier, JetBlue offers, with shareholder vote on June 30

An earlier version of this article contained incorrect information about Frontier Group’s offer. The information has been removed. Spirit Airlines Inc. SAVE, -4.67% said Tuesday it continues to be bound to its merger agreement with Frontier Group Holdings Inc. ULCC, -7.26% after getting a rival June 6 offer from JetBlue Airways Corp. JBLU, -11.43%. Spirit […]

Jun 14
Ichimoku Cloud Analysis 14.06.2022 (AUDUSD, XAGUSD, GBPUSD)

AUDUSD, “Australian Dollar vs US Dollar” The currency pair is continuing decent falling under the Ichimoku Cloud, suggesting a downtrend. A test of the Tenkan-Sen of the indicator at 0.7005 is expected, followed by falling to 0.6765. An additional signal confirming the decline might become a bounce off the upper border of the bearish channel. […]

Jun 14
Yen is near new lows. Overview for 14.06.2022.

The Japanese yen against the US dollar has put falling on a pause, but this is temporary. The current quote is 134.66. Thus, the devaluation of the Japanese yen is going on with no hints of pausing. This year, the JPY is falling fast and decisively. The key trigger is the lagging of the monetary […]

Jun 14
Market Spotlight: Coinbase Shares On Cliff Edge

Coinbase CEP Hits OutShares in US crypto-broke Coinbase are heading lower once again this week. The company’s stock has bene in freefall this year amidst the broader rout in tech stocks as well as the specific losses suffered in the crypto space which have seen a high level of clients exiting coinbase. The company recently […]