Latest news with #EU-regulated
Yahoo
3 days ago
- Business
- Yahoo
Exclusive Capital Rebrands as EXCA Prime, Offering Unified Solutions for Institutional and Private Clients
LIMASSOL, Cyprus, May 29, 2025 /PRNewswire/ -- Exclusive Capital announced its rebrand to EXCA Prime, adopting a new name for its established trading ecosystem serving institutional and private clients. The move reflects EXCA Prime's commitment to EU-regulated excellence and introduces a clearer brand identity built around an intuitive, user-first experience. "EXCA Prime exists to give market participants the tools and speed they need to perform at the top of their game. With transparent pricing and high execution quality, EXCA Prime lets private investors and institutions operate with confidence in a regulated and transparent environment," said Viktor Madarasz, Founder & CEO of EXCA Prime. EXCA Prime Suite Offering EXCA Prime combines institutional-grade infrastructure with trader-friendly simplicity, built to serve both institutional and private investors. Regulated Trust & Dedicated Support Licensed by CySEC under MiFID II, with fully ring-fenced client funds and regular audits. Private clients benefit from investor protections under MiFID II, including negative balance protection, best execution standards, and access to the Investor Compensation Fund, while institutions confidently meet compliance standards. Multi-Asset Access for Every Strategy Trade CFDs on Forex, Metals, Indices, Energies, Cryptos and more, whether you're an independent investor looking to diversify or an institution managing multi-instrument exposure. Tailored Accounts & Scalable Support You can choose from multiple account structures with transparent spreads and leverage options. Institutional partners benefit from white-label services and brokerage technology. Reliable Execution Backed by Real Market Depth Experience ultra-low latency execution, complete market-depth powered by Tier-1 liquidity providers. About EXCA Prime EXCA Prime is the trading name of Exclusive Change Capital Ltd., authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 330/17), operating under the EU Markets in Financial Instruments Directive (MiFID II). EXCA Prime delivers deep liquidity, advanced technology, and white-glove service to professional traders and institutions. Discover more at Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.61% 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. Logo: View original content to download multimedia: SOURCE EXCA Prime Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Euronews
3 days ago
- Science
- Euronews
How shipping in the EU is driving the rapid loss of Arctic sea ice
Black carbon emissions from European shipping in the Arctic have been significantly underestimated, a new study suggests. Produced by the incomplete combustion of fuels in ship engines, black carbon is contributing to the rapid loss of Arctic sea ice. Previous reports have only focused on vessels flying EU flags, overlooking the impact of ships travelling to and from EU ports. 'Our findings show that ships connected to EU trade, regardless of their flag, are major drivers of black carbon pollution in the Arctic,' says Liudmila Osipova, senior researcher at the International Council on Clean Transportation (ICCT), and lead author of its new study. 'Recognising these emissions in future policies could help the EU better align its climate goals with its real footprint in the Arctic.' As Arctic shipping activity increases, so too are the associated black carbon (BC) emissions. Between 2015 and 2021, BC emissions in the International Maritime Organisation (IMO)'s definition of the Arctic nearly doubled, according to the study. In the more broadly defined Geographic Arctic, shipping emitted 1.5 kilotonnes (kt) of BC and 12 kt of CO₂ in 2021. About a quarter of these emissions occurred within the IMO definition of the Arctic, indicating a strong growth in BC emissions in the polar area, from 193 tonnes in 2015 to 413 tonnes six years later. This growth trend is concerning, since one tonne of black carbon has a global warming effect equivalent to 900 tonnes of CO₂, as it absorbs more heat in the atmosphere. BC's impact is particularly pronounced in the Arctic. When the sooty particles settle on snow or ice, they reduce the albedo of these surfaces, meaning they reflect less light and so melt faster. This compounds the climate challenges in a region which is already heating up three to four times faster than the global average. Despite its potent climate and health impacts - it is linked to lung cancer, respiratory illness, and cardiopulmonary disease - BC remains one of the most unregulated short-lived climate and air pollutants. Brussels typically only accounts for the emissions from its EU-flagged ships in the Arctic. To give a truer picture of the pollution over which the bloc has control, ICCT has also totted up BC and CO₂ from EU-regulated ships, which answer to the EU Monitoring, Reporting, and Verification (MRV) system as they voyage between EU ports. These vessels are the bigger polluters, it found. BC and CO₂ emissions from EU-regulated ships of at least 5,000 gross tonnage were nearly double those from EU-flagged ships in the IMO Arctic in 2021. That year, nearly three-quarters of the ships operating in the Geographic Arctic and half of those in the IMO Arctic were navigating to or from EU ports. To address a significant gap in its maritime regulation, the researchers say that EU policymakers could include BC among the pollutants measured and reported within the bloc's MRV system. Beyond improved emissions tracking, there are various ways to reduce BC emissions, such as incentivising ships to use distillate instead of residual fuel, and encouraging the installation of diesel particulate filters on board.
Yahoo
14-05-2025
- Business
- Yahoo
eToro surges in IPO debut, pushing valuation to $6 billion
-- Global online broker eToro Group Ltd (NASDAQ:ETOR) surged in its IPO debut Wednesday. Shares opened at $69.69 after pricing at $52. The stock last traded at $72.25, up about 39%. Overnight, the company priced its upsized IPO of 11,923,018 common shares, up from 10 million, at $52, which was above the expected $46-$50 range. The company and selling shareholders raised $620 million in the deal. The company sold 5,961,509 shares in the offering, and selling shareholders, including CEO and founder Yoni Assia, are selling the other 5,961,509 shares. The offering is being led by Goldman Sachs, Jefferies, UBS and Citigroup (NYSE:C). The underwriters have been granted an option to purchase up to an additional 1.79 million shares. Cornerstone investor Blackrock (NYSE:BLK), Inc. has indicated an interest in purchasing up to an aggregate of $100 million class A common shares in the IPO. As many as 82.37 million Class A and Class B shares will be outstanding immediately following the offering, suggesting a total valuation of nearly $6 billion based on the current price level. Founded in 2007, eToro boasted over 3.5 million funded accounts in 75 countries as of the end of 2024. eToro has been a pioneer in the crypto space. The company was among the first EU-regulated brokers to offer Bitcoin. Further, CEO Assia, co-authored the Colored Coins white paper with Ethereum creator Vitalik Buterin—one of the earliest protocols for asset tokenization on Bitcoin. Net contribution was $787 million in 2024, up 41% from the prior year. Total commission for the year was up 46% to $931 million. Net income for 2024 surged 1,161% to $192 million. Related articles eToro surges in IPO debut, pushing valuation to $6 billion MNTN Files for IPO, targeting up to $187 million Apple Vision Pro to allow eye-scrolling, Bloomberg reports
