Digital Assets Correspondent
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem. He covers token economics, L1/L2 infrastructure, DeFi protocols, wallets/custody, and the bridge between crypto and forex—broker technology, liquidity, and macro drivers. Karthik’s writing focuses on clear, practical frameworks that help professionals evaluate new products and on-chain innovation alongside FX market realities.
September 2018
The group changed its accounting policy and will have larger provision for amortization of asset of CLSSettlement, thus impacting the future profitability.
CMC Markets has issued a trading update before the end of second quarter for the FY19.
Cboe Europe has announced the addition of Polish, Hungarian and Czech regions most liquid stocks.
Fx and Crypto affiliate firm, Investoo Group has made another acquisition in its European home base by buying EFXTO.com.
The decline is in line with the prediction of the company, in which it estimated a fall of 10% in revenue.
Majority of revenue came from its DragonFinancials binary options JV and has also invested its resource in blockchain technology.
David Puth led the company as a CEO from 2012, and played an instrumental role in the company’s growth.
Nordic financial services group, Sampo and China’s Geely Group will takeover 19.9 per cent and 52 per cent into the company.
Admiral Markets AS, the Estonia-based retail Fx brokerage firm has announced the expansion of the range of products offering in its MT5 offering.
Christian Mensenholl will be leading the company’s action plan strategy in Austria, Benelux, Germany, and Switzerland.
Also filing this week: Rick Steves and Abdelaziz Fathi.