AvaTrade Prepares for London IPO at £700 Million Valuation
Finance

AvaTrade Prepares for London IPO at £700 Million Valuation

AvaTrade, Dublin-based Forex brokerage business, is planning to participate in the high-profile listings in London.  According to Sky News’ report on Thursday, the Irish company has been valued between £500 million and £700 million for the listing at London stock market. JP Morgan and Jefferies will lead the preparations for IPO and it seems to…

CMC Markets Raises Its FY Expectations With Strong Q4
Finance

CMC Markets Raises Its FY Expectations With Strong Q4

CMC Markets has announced that it adjusted its income expectations twice for the current financial year.  With the new adjustment, the income expectation of the company for FY2021  becomes £390.9 million, ranging from £387.5 million to £399.6 million. According to the previous update, the company’s net income was estimated to be £376.6 million, ranging from…

“Socially Irresponsible” Bitcoin Ad Banned In the UK
Finance

“Socially Irresponsible” Bitcoin Ad Banned In the UK

The clash between decentralized instruments and regulatory bodies is getting hotter and hotter these days. Centralized actors could not find a proper way to control the crypto market and especially Bitcoin; however, they give rise to a disturbance through some practices. The last example was witnessed in the UK.  A Bitcoin advertisement created by Coinflooor…