Blackwell Global office
May 11, 2017 BY Valentina Kirilova

Blackwell Global adds Tung Shing veteran Gary Cheung as Hong Kong CEO

SFC regulated multi-asset brokerage Blackwell Global Hong Kong has today announced that it has appointed finance veteran Gary Cheung Wai Kwok as Chief Executive Officer with immediate effect. Mr Cheung’s leadership appointment is part of a rigorous and comprehensive nomination that was made in alignment with the company’s mission and direction. He has been in…

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May 11, 2017 BY Saxo Bank

100-day average platforming gains for USDCHF

BackgroundAlthough yesterday's report acknowledged a bullish bias we were a little cautious. Overbought extremes did lead to a profit-taking reaction, but the setback failed to break through the 100-day moving average or even test Tuesday's Marabuzo line. By the close the limited setback had attracted fresh buyers and minor net gains were posted: four up days…

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May 11, 2017 BY Saxo Bank

USDCHF surfs the bullish wave

BackgroundUS financial markets are priced at 83% probability for a June rate hike, based on the fed funds futures market, but for later dates the curve is still under the Federal Open Market Committee's “dot plot”. That could change quickly if Friday’s CPI update shows core inflation moving back above 2% after dipping in the…

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May 11, 2017 BY Think Markets

RBNZ catch traders off guard to send NZ tumbling

There was no surprise in hearing RBNZ had decided to hold, yet traders had hoped for a slightly more hawkish statement, not the dovish one presented due to a pickup in CPI data.   Summary of RBNZ's May 2017 monetary policy statement RBNZ left the Official Cash Rate (OCR) unchanged at 1.75 percent Core CPI…

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May 10, 2017 BY FIBO Group

Pounds gains may be limited

The British pound made a run for the $1.30 mark against its US counterpart today, before pulling back late in the session and some believe it may be difficult to break through this level. At 5.06pm (GMT) the British currency was trading at $1.2938, virtually unchanged from yesterday’s trading. The local currency has been on…

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May 10, 2017 BY admin

Match-Trade's Imran Firoz on winning Forex broker technology

This week LeapRate caught up with Imran Firoz, Managing Director (pictured above) of US-headquartered Match-Trade Technologies, a global Forex brokerage software provider. His early experience in the FX industry was as the Chief Financial Officer of a brokerage firm where he provided financial oversight to accounting & finance departments of the company and advised the…

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May 10, 2017 BY admin

Finantick launches new version of its binary brokerage platform

Finantick, a recent entry into the platform development space for retail FX and binary options trading today informed of the launch of a new version of its binary brokerage platform, now offering a new user interface, messaging and pop-up system, as well as direct integrations to the largest affiliate systems. The company, which was largely…

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May 10, 2017 BY Valentina Kirilova

Binary options broker TorOption receives warning from Canadian regulator BCSC

Canadian securities regulator the British Columbia Securities Commission (BCSC) announced that has added to its Investment Caution List unregulated binary options broker TorOption, which is owned and operated by Smart Choice Zone LP (together, the Parties). TorOption claims to be based in Glasgow, Scotland, and provides an online binary options trading platform, operating at www.toroption.com.…

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