Archive for Finance Press Release

25 Apr

FastSpring and EBANX Forge Partnership to Expand Pix Payments for Digital Products in Brazil

Through the integration, the companies aim to provide the best payment experience to Brazilian clients through local payments via the fast-growing and highly adopted Pix
Curitiba, BRAZIL, April 25, 2024 – FastSpring, the leading merchant of record for global SaaS and software companies, and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix.
Pix, Brazil’s instant payment system introduced by the Central Bank of Brazil in 2020, has rapidly gained popularity among consumers as a preferred digital payment method. According to market data from EBANX’s annual study, Beyond Borders, Pix is projected to account for 40% of the total value of digital commerce in Brazil by 2026, tied with credit cards in market share. Furthermore, Pix is expected to comprise 20% of digital commerce transactions within Latin America by the same year.
As part of this partnership, FastSpring’s platform will integrate EBANX’s Pix payment processing capabilities, enabling global SaaS, software, video game, and digital product companies to offer Pix payments to Brazilian customers seamlessly. This partnership also allows Brazilian digital products companies to utilize FastSpring’s platform to power their global expansion while seamlessly maintaining Pix payments for their consumers at home. This integration marks FastSpring’s debut in accepting Pix payments and reinforces its commitment to providing localized payment solutions to its clients in the Latin American market.
“This partnership with EBANX allows FastSpring to leverage local payments, starting with the largest Latin American market, by delivering one of the country’s preferred payment methods,” stated Dan Garcia, Sr. Director of Payments, Risk, and Compliance at FastSpring. “The FastSpring platform enables sellers of digital goods to accept the most popular global payment methods. Adding Pix opens up the Brazilian market to new buyers who do not have internationally enabled cards. It’s a must-have payment method in Brazil. Our partnership with EBANX enables this code-free upgrade for  our customers.”
 
EBANX, known for its expertise in facilitating cross-border payments in Latin America, will serve as the exclusive partner processing Pix payments for FastSpring in Brazil. Through EBANX’s extensive regional knowledge and infrastructure, FastSpring aims to streamline payment processes and enhance the overall purchasing experience for its clients and their customers in Brazil.
“The collaboration between FastSpring and EBANX means a significant step forward in providing tailored payment solutions for digital product companies operating in Brazil,” commented Gregory Cornwell, Vice-President of Channels and Business Development at EBANX. “By integrating Pix payments into FastSpring’s platform, we are facilitating access to a key payment method in the Brazilian market, ultimately enabling businesses to expand their reach and drive growth.”
In addition to Pix, FastSpring’s platform offers a comprehensive suite of e-commerce solutions, including merchant of record services that handle tax calculation, collection, and remittance, thereby reducing operational complexities and costs for digital product companies expanding globally.
ABOUT FASTSPRING
FastSpring powers global payments for SaaS and software companies, video game publishers, and other digital goods businesses. As a merchant of record, FastSpring provides a fully managed payment solution including checkout, fraud mitigation, comprehensive sales tax and VAT compliance, and more. Founded in 2005, FastSpring is a privately owned company headquartered in California with offices in the UK, the Netherlands, and Canada.
For more information:
ABOUT EBANX
EBANX is the leading payment platform connecting global companies with customers from one of the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.
For more information:
Finance Press Release Financial News
15 Jan

Your Bourse surpassed the monthly trading volume of $1 Trillion in December 2023.

In December 2023, Your Bourse, a trade execution technology provider, reported a new record in monthly trading volume – $1.08 trillion. A strong company performance led to a significant increase in both clients and their trading volume via the Your Bourse platform.

Your Bourse experienced a year of dynamic expansion and notable accomplishments in 2023. By providing its exceptional Matching Engine, Bridge Solutions, liquidity aggregation, and FIX server for liquidity distribution, the company showed unprecedented trading volume results.

The average daily trading volume (ADV) was at the $35 billion level in the last month of the year.

The month’s peak daily trading volume was recorded on December 29th, reaching a turnover of $165 billion.

TOP-5 trading instruments with the highest share were XAUUSD, EURUSD, US30, NAS100, and GBPUSD.

Out of the total, trading in the Gold instrument XAUUSD represented 23 percent, amounting to $250 billion of the total trading volume. This marked the peak of activity for this instrument in 2023.

In December, EURUSD turnover was in second place and accounted for 15% ($163 billion) of the total volume.

The US30 index, or the DJ30 derivative contract, came in third with a 6% share ($65 billion) of the monthly volume.

Matching Engine, the flagship Your Bourse’s solution, delivers order execution with ultra-low latency: just two microseconds order processing time and handling an impressive 500,000 orders per second on a single CPU). The Matching Engine is asset class agnostic, ensuring flexibility and broad applicability for various trading instruments providing trading institutions with unprecedented reliability and security. In December, there was a 7% increase in the number of Matching Engine installations.

The access to a broad spectrum of liquidity providers via Your Bourse platform makes brokers’ performance more sustainable and profitable.

There are more than 100 liquidity providers connected to the Your Bourse infrastructure.

About Your Bourse

Your Bourse offers software solutions for the retail and institutional MT4/MT5 brokers. Including: MT5 gateway & MT4 bridge, multi-asset liquidity aggregation, risk management, client profiling, real-time and historical reporting, MT4/MT5 hosting in all Equinix data centers with 99.999% SLA, plugins for MT4 & MT5 and FIX API connections for the B2B clients.

Finance Press Release Financial News Forex and Currency News
07 Nov

RoboMarkets Wins “Best Trading Conditions” Accolade at World Economic Magazine Awards 2023

European broker RoboMarkets is proud to announce its recent triumph at the prestigious World Economic Magazine Awards 2023 ceremony. The company was honoured with the “Best Trading Conditions (Europe)” award, recognising the unparalleled trading conditions it provides to its clients.

What sets RoboMarkets’ trading conditions ahead in Europe?

A diverse range of trading instruments: RoboMarkets offers an extensive array of US stocks and ETFs comprising over 3,000 trading and investment instruments. The commission for one-way stock and ETF transactions (buying or selling) starts at a mere 0.009 USD per share for standard accounts. Moreover, commission-free accounts are also available.

Cutting-edge trading platforms: RoboMarkets equips its clients with a broad range of advanced trading solutions, including its proprietary web platforms R StocksTrader and R WebTrader, along with the mobile app R MobileTrader. Clients also have the flexibility to harness the industry-leading trading terminals, MetaTrader 4 and MetaTrader 5.

Lightning-fast order execution: RoboMarkets ensures that clients’ transactions are processed in as little as 0.1 seconds, ensuring rapid trade execution.

Tight spreads: The company also offers narrow spreads, starting at 0 points for ECN and Prime accounts.

RoboMarkets takes pride in its continuous dedication to enhancing its trading conditions and commitment, making it possible for clients to achieve their financial goals. The “Best Trading Conditions (Europe)” award from the World Economic Magazine Awards 2023 is an acknowledgement of the company’s remarkable contributions in this field.

 

About RoboMarkets

RoboMarkets is a financial brokerage company operating under CySEC license No. 191/13. RoboMarkets offers investment services in many European countries and provides traders working in financial markets with access to its proprietary platforms. Visit www.robomarkets.com to find out more about the Company’s products and activities.

“Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”

Finance Press Release Financial News
06 Nov

RoboForex Wins “Best Partner Program” Award at World Economic Magazine Awards 2023

RoboForex, a company that offers brokerage services in financial markets, is proud to announce its recent victory at the industry-renowned World Economic Magazine Awards 2023 ceremony. The company has earned the prestigious “Best Partner Program” award for its outstanding achievements in this field.

The RoboForex Partner Programme was acknowledged as the best in its category among several other international businesses, and this recognition is well-deserved. RoboForex Partners enjoy unique advantages that make this programme stand out:

1. VIP and Expert programmes

RoboForex provides access to two types of programmes – VIP and Expert. The VIP programme is designed for Partners who actively attract clients. It allows Partners to earn up to 70% of the company’s income from first-level clients and 10% from sub-partners for the activity of second-level clients they attract. The Expert programme is suitable for those who create a partner network with several levels, allowing earnings from 35% to 10% of the company’s income from various-level sub-partners.

2. Loyalty programme

RoboForex Partners can receive additional payments of up to 20% of the total partner award, depending on its volume from the previous month. Partners can earn up to 84% of the company’s total income, making this offer unique in the market.

3. Affiliate accounts

Affiliate accounts enable Partners to earn up to 70% of RoboForex’s income from trading operations conducted by clients. These accounts are designed for Partners who offer additional services and information to their clients.

RoboForex also has several other advantages, including:

  • Round-the-clock information support for Partner businesses
  • A Personal Members Area with banners, informers, and other advertising content for Partners’ online platforms
  • No restrictions on the maximum size of the Partner reward
  • Partner rewards are paid for all the trades of attracted clients without exception

The “Best Partner Program” award from the World Economic Magazine reaffirms RoboForex’s position as a leader in the industry, committed to delivering quality and innovation in the realm of partner programmes. RoboForex will continue refining its programme, ensuring Partners maximise their profits.

View detailed information about the RoboForex partner programme on our official website.

About RoboForex

RoboForex is a company that delivers brokerage services. The company provides traders who work in financial markets with access to its proprietary trading platforms. RoboForex Ltd operates under brokerage licence FSC 000138/437. View more detailed information about the Company’s products and activities on the official website roboforex.com.

Finance Press Release Financial News
07 Sep

RoboForex Wins “Best Copy Trading Platform” and “Best Multi-Asset Trading Platform” Titles at the 2023 Global Brands Magazine Awards

RoboForex, a leading provider of brokerage services, is delighted to announce that it has been honoured with two prestigious awards at the 2023 Global Brands Magazine Awards: “Best Copy Trading Platform” and “Best Multi Asset Trading Platform.”

Recognition for Excellence in Copy Trading

RoboForex’s proprietary CopyFX system has not only set industry standards but also redefined them. The recognition we have received highlights CopyFX’s multifaceted capabilities: seamless integration with top-tier trading platforms, robust handling of high-volume transactions, unmatched security protocols, and exceptional network stability.

Beyond its technical merits, CopyFX adds a social dimension to trading. Whether you’re an individual trader or a long-term RoboForex client, you can become a partner and guide newcomers to top trading strategies, earning a share of the trader’s commission in return. The system’s adaptable framework allows users to take on multiple roles – as a trader, investor, or partner – offering unprecedented opportunities to diversify trading approaches, engage with the community, and discover new revenue streams.

A Cutting-Edge Multi-Asset Trading Experience with R StocksTrader

The “Best Multi-Asset Trading Platform” award celebrates the sophisticated architecture of the R StocksTrader platform. This web-based terminal offers traders an unparalleled variety of asset classes, encompassing Stocks, Indices, Oil, Metals, Currency pairs, and ETFs – altogether featuring over 12,000 distinct financial instruments for both trading and investment.

R StocksTrader is enriched by an array of advanced trading tools and a user-friendly interface. Additionally, it boasts a built-in strategy constructor, enabling traders to effortlessly design and deploy their own automated trading systems.

About Global Brands Magazine Awards

The Global Brands Magazine Awards, held annually, aim to recognise excellence in performance and reward companies across various sectors. These awards honour companies for their exceptional achievements in Finance, Education, Hospitality, Lifestyle, Automobiles, and Technology.

About RoboForex

RoboForex is a brokerage company that offers comprehensive brokerage services. The company provides traders in the financial markets with access to its proprietary trading platforms. RoboForex Ltd operates under brokerage licence FSC 000138/437. View more detailed information about the Company’s products and activities on the official website roboforex.com.

“Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”

Finance Press Release Financial News
11 Jul

Finalto signed with Your Bourse to distribute liquidity to their clients directly through the YB Platform

Finalto, the world-leading liquidity provider & prime of a prime broker, has signed with Your Bourse, a leading trade execution technology provider for the retail and institutional MT4/MT5 brokers, to offer Finalto liquidity directly to Your Bourse clients by distributing FIX Sessions from Your Bourse PaaS.

At the heart of Your Bourse’s offerings lies their flagship product, the Matching Engine. Connecting directly through Your Bourse allows Finalto’s clients to benefit from lightning-fast execution in under two microseconds per order. Furthermore, Your Bourse allows for the FIX session to be issued and configured in just a few minutes.

The clients will connect to Finalto via YB FIX API Server. Nonetheless, the clients who wish to connect their MT4 or MT5 directly can also do that using YB MT4 Bridge or MT5 Gateway.

As an integral part of this partnership, Finalto will seamlessly distribute its institutional liquidity directly to Your Bourse clients through Your Bourse Platform. Finalto’s liquidity will be effortlessly accessible to clients at their disposal, wholly integrated within the Your Bourse Platform. This fusion of flexibility in trade conditions, coupled with Finalto’s liquidity, promises an exceptional experience for the clients.

Paul Groves, UK B2B CEO at Finalto, said: “We have known the Your Bourse team for many years and seen the company grow and establish itself in a very competitive market. Finalto is always willing to work with partners who share the same beliefs in customer service, stable technology and fair pricing. We see the relationship with Your Bourse as important to our future plans and look forward in working together for years to come.”

Elina Pedersen, co-CEO and CRO of Your Bourse noted the importance of partnering with Finalto, which is a significant step for Your Bourse and its customers. «It is a huge advancement for both companies showcasing our unwavering pursuit of excellence and dedication to delivering distinctive services within the financial industry. I have worked with Finalto in the past as a client myself for many years, and it’s a true privilege for Finalto to become a client of ours. Finalto has always been one of the first choices for Your Bourse clients, and I am sure that the relationship will continue growing now that Finalto has become one of the Your Bourses clients and preferred partners».

Finalto is a market leader in global financial services. Finalto provides unrivalled liquidity and prime broker solutions, enabling to access over 800 instruments across: FX, Precious Metals, Base Metals, Single Stock CFDs, Index CFDs, Crypto Currencies and Energies through one cross-margined account, increasing the capital efficiency of your business.

Your Bourse’s suite of services includes MT5 gateway and MT4 bridge, multi-asset liquidity aggregation, risk management, client profiling, real-time and historical reporting, and MT4/MT5 hosting in all Equinix data centers with 99.999% SLA, as well as plug-ins for MT4 and MT5 and FIX API connections for B2B clients.

For more information on Your Bourse, please visit www.yourbourse.com

For more information on Finalto, please visit https://www.finalto.com/

Finance Press Release Financial News
18 May

Long Live SOFR for Swaps

By Daniel Flaim, Managing Director, North America Interest Rate Derivatives

New York, New York | May 18, 2023 – It is officially the end of the line for LIBOR. After some 30+ years as “the world’s most important number,” and the last six years on an extended farewell tour, the London Interbank Offered Rate will officially be retired as a benchmark for U.S. dollar swaps transactions. CME Group completed its conversion to the Secured Overnight Financing Rate (SOFR) as the standard benchmark reference for over-the-counter (OTC) derivatives trades in April and LCH will complete its conversion containing U.S. dollar LIBOR vs. fixed interest rate swaps on May 20. By June, roughly $60 trillion in U.S. dollar contracts will be secured to SOFR.

Regulators first announced plans to phase out LIBOR in 2017, ushering in a protracted death march that saw the slow-but-steady migration away from the decades-old benchmark. Ultimately, the Alternative Reference Rates Committee (ARRC) selected SOFR as the overnight benchmark rate to use in certain new U.S. dollar derivatives and financial contracts, and the financial industry—including regulators, central banks, trading venues and other market participants—have spent the last several years getting ready for the transition.

Over the course of that multi-year migration, we’ve learned some important lessons:

Big and complicated problems can be solved when the industry sets its collective mind to something. This transition was no small feat but market participants and regulators quickly rallied together to organize and coordinate efforts ahead of upcoming target deadlines. The end result was a relatively smooth process thanks to solid preparation, decisive action and regular communications.

January 2022 was the moment of reckoning. Migration away from LIBOR was slow and steady before taking a drastic turn ahead of the January 2022 deadline for no new LIBOR origination. By February 2022, SOFR trading on Tradeweb made up 72% of all new risk, and across our business approximately 96% of our most active clients globally trading USD swaps were using SOFR.

This playbook can be utilized elsewhere. We have been pleased to see that the insights and lessons learned from the U.S. dollar LIBOR transition have already extended beyond our markets and into non-LIBOR jurisdictions, further illustrating the permanent impact this movement has had on our global markets.

Why LIBOR Was So Entrenched

Getting there was no small achievement. LIBOR didn’t earn its reputation as “the world’s most important number” for nothing. As the benchmark evolved over the last three decades, it’s been sliced and diced into multiple durations and both backward-looking and forward-looking rates that are used for everything from projecting market expectations for the cost of borrowing to the underlying benchmark for U.S. dollar swaps contracts. Financial technology also grew up around LIBOR, with virtually every piece of financial services software and nearly every financial model incorporating some link to the benchmark.

Thankfully, due to close collaboration between industry stakeholders including trading platforms, dealers and clients, clearinghouses and operators of order management systems, over the course of the transition period, this final step in the migration from LIBOR to SOFR in the swaps market is anticipated to be a smooth one.

Orderly Transition to a New Standard

In fact, much of the heavy lifting has already been done. As indicated in the chart below, the percentage of new U.S. dollar swaps trades benchmarked to SOFR and executed on the Tradeweb platform started to trend upward in August of 2021. That date followed the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) SOFR First recommendation, which introduced a phased approach to the SOFR transition. In the following months, SOFR trading activity on the Tradeweb platform increased as clients began to offset their existing U.S. dollar LIBOR risk, with new SOFR activity reaching parity with LIBOR by January 2022, in response to the upcoming deadline which imposed restrictions on new use of U.S. dollar LIBOR. By February 2022, trading volume benchmarked to SOFR on the Tradeweb platform increased over 50% versus the previous month. In 2022 alone, we had nearly $21 trillion traded in SOFR on the platform.

Source: TW SEF, % of Delta, excluding basis and inflation swaps

Together, the steady forward march toward SOFR adoption for new trades, along with the industry’s diligent efforts to smooth the migration of existing contracts benchmarked to LIBOR, has helped pave the way for an incredibly orderly transition.

Following the success of the LIBOR transition in the U.S. dollar market, we’ve seen similar work being done in non-LIBOR jurisdictions, including Canada. Led by the Canadian Alternative Reference Rate Committee (CARR), Canada is shifting away from the benchmark Canadian Dollar Offered Rate (CDOR) to Canadian Overnight Repo Rate Average (CORRA) as the key Canadian interest rate benchmark. Globally, the LIBOR transition has served as a shining example of industry collaboration overcoming institutional inertia and debunking the myth that things need to be done a certain way just because that’s how they’ve always been done.

It took six years and there was no shortage of doubt and concern along the way, but the transition that the New York Federal Reserve called “arguably one of the most significant and complex challenges that financial markets will ever confront,” is about to be complete. It should come as a cause for celebration to the countless market participants who weren’t afraid to tweak the process, experiment with new standards and collaborate with peers to transform and modernize critical market infrastructure.

Now, as a result of this effort by so many parties, our markets are running smoothly and efficiently and we have proven once again how resilient and innovative our industry can be when we set our sights on a common goal. For our part at Tradeweb, we look forward to continuing to refine our workflows along with the some of the most accurate and timely pricing and reference data available to ensure our clients are operating in a transparent, efficient marketplace.

About Tradeweb Markets

Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. 

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.

Bonds Finance Press Release Financial News
11 May

RoboMarkets to Sponsor the 56th European Championship Sporting

May 11, 2023

Limassol, Cyprus – RoboMarkets, a European brokerage company, is pleased to announce its sponsorship of the 56th European Championship Sporting, taking place from 11 to 14 May 2023 in Limassol, Cyprus. The event is part of LEMESIA 2023, an international sports festival featuring various athletic competitions and cultural events.

The 56th European Championship Sporting is a major event in the sporting calendar, and RoboMarkets is honoured to be the main sponsor. The championship will feature some of the best shooters from all over Europe who will compete in various categories including individuals and teams. The competition promises to be an exciting four-day event, featuring challenging targets and thrilling performances.

As the main sponsor of the event, RoboMarkets will be supporting the championship and contributing to the promotion of shooting sports across Europe. This partnership is an excellent opportunity for RoboMarkets to demonstrate its commitment to supporting local communities and fostering healthy competition.

The competition will be held at the Limassol International Shooting Range in Limassol’s stunning countryside, renowned for its scenic beauty, making it a perfect location for this type of event. Participants will have access to the club’s facilities and equipment for a top-notch experience throughout the event.

For more information about the championship and LEMESIA 2023, please visit https://www.fitasc.com/uk/competition/view/964-compet.

About RoboMarkets

RoboMarkets is a financial brokerage company operating under CySEC license No. 191/13. RoboMarkets offers investment services in many European countries and provides traders working in financial markets with access to its proprietary platforms. Visit www.robomarkets.com to find out more about the Company’s products and activities.

“Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”

Finance Press Release Financial News
02 Feb

RoboMarkets Is Supporting the European Karate Championships 2023 and the Cyprus National Karate Team

February 2, 2023
Limassol, Cyprus

European licensed broker RoboMarkets is an official sponsor of the Cyprus National Karate Team and the European Karate Championships 2023 that will be held in Larnaca, Cyprus from 3 to 5 February.

RoboMarkets is an official sponsor of the European Karate Championships 2023. This is the third time that the event is hosted in Cyprus, where it was previously held in 2001 and 2016. Last year, 1,000 athletes participated in the championship from 47 countries. This year, even more participants are expected to join from 52 countries in the three age groups (Cadet, Junior & U21).

RoboMarkets also sponsors the National Karate Team of Cyprus, which will also be fighting for the status of the best of the best at the European Karate Championships 2023. The Company supports sports players who continuously go forward by improving their skills, and reaching their goals. During these days hundreds of young athletes from all over Europe will be coming to Cyprus to participate in one of the most important events for youngsters.

Earlier in 2022, RoboMarkets announced the beginning of its cooperation with the Cyprus Karate Federation.

About RoboMarkets

RoboMarkets is an investment company with the CySEC license No. 191/13. RoboMarkets offers investment services in many European countries by providing traders, who work on financial market, with access to its proprietary trading platforms. More detailed information about the Company’s products and activities can be found on the official website at www.robomarkets.com.

“Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”

 

Finance Press Release Financial News