News

Feb 05
The FSMA publishes a Q&A about the impact of COVID-19 on the obligations of listed companies

On 26 March 2020, the FSMA published a press release about the impact of COVID-19 on listed companies. On 9 April 2020, Royal Decree No. 4 was issued. It adopts various exceptional measures, including in the area of company law, in connection with the fight against the COVID-19 pandemic. Royal Decree No. 4 contains, among other […]

Feb 05
Scams linked to current events: Beware of numerous cases of fraud relating to the coronavirus crisis!

The FSMA once again warns the public against the risk of scams that take advantage of news about COVID-19. For the fraudsters, the current climate is particularly favourable to making new victims. The FSMA was recently informed that the ‘firm’ Altridium Group inc., active via the websites www.flixgm.com and https://flixance.com/, has asked its victims to […]

Feb 05
Marketsx.fr (cloned firm)

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Marketsx.fr, which offers savings and investment plans without complying with Belgian financial legislation. The persons behind the entity named Marketsx.fr are not authorized to provide investment services in or from Belgium. Moreover, the offers made by Marketsx.fr show numerous indications of fraud and seem to […]

Feb 05
Marathon Digital stock rallies after recording 9-fold increase in 'self-mined' bitcoin in January

Shares of Marathon Digital Holdings Inc. MARA, +10.84% rallied 2.8% in premarket trading, after the cryptocurrency miner said it produced 462.1 “self-mined” bitcoin BTCUSD, +2.54% in January. That represented a nine-fold increase (up 816%) from the 50.4 self-mined bitcoin in the year-ago period. That increased the company’s bitcoin holdings to 8,595, which has a fair […]

Feb 05
Traders see increased chance of 50 basis point Fed hike in March after strong jobs report

Fed funds futures reflect a higher possibility of a 50 basis point rate increase by the Federal Reserve in March, after January’s nonfarm payrolls data produced a greater-than-expected 467,000 gain. The probability of a 50bps hike was 27% as of Friday morning, up from 14% on Thursday, according to the CME FedWatch Tool. Meanwhile, the […]

Feb 05
Daily Market Outlook, February 4, 2022

Daily Market Outlook, February 4, 2022 Overnight Headlines Fed’s Barkin: Rates Should Move To Pre-Pandemic Levels Fed Nominees Face Intense GOP Assault Over Credentials Biden Approval Rating Plummets To New A Low, Poll Sees US Warn China Firms Against Aiding Russia Amid Sanction Ukraine Briefings Spurs Urgency On Sanctions In Congress BoJ’s Kuroda Vows To […]