On 07 May 2017, Emmanuel Macron won the French presidential election by 66% of the vote, more than polls had predicted. In this report CLS assess whether the two rounds of the French presidential elections had a significant impact on the foreign exchange (FX) spot market, using data published by CLS on Quandl, an on-line…
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Spot gold has seen a substantial 5% retracement since mid-April as it neared a significant resistance level at $1300. The French election outcome has lifted markets’ “risk-on” sentiment and resulted in safe heavens retreating which has weighed on gold prices. The dollar has been strengthening over the past three days adding further downward pressure on…
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The Board of Directors of TMX Group Limited (TSX: X) declared a dividend of $0.50 on each common share outstanding, an increase in $0.05 or 11%, from the previous $0.45 per common share. This dividend is payable on June 9, 2017 to shareholders of record at the close of business on May 26, 2017. We…
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The following article was written by Jens Chrzanowski, Regional German Director at FCA regulated broker Admiral Markets UK. Hello, It’s no secret, Germany is one of the largest and most important markets for Forex & CFD trading. It’s now also known affectionately by myself as the “land of the free”. Why so? Let me explain……
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LeapRate Exclusive... LeapRate has learned that Jacob Plattner has joined Belize based FX broker Scope Markets as its new CEO. As was exclusively reported at LeapRate last summer, Mr. Plattner resigned his position as Managing Director at FCA licensed broker GKFX, one year after joining the company following five years at Alpari UK, where Mr. Plattner…
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Deutsche Börse Venture Network announced that is expanding its offering and opening up for early stage start-ups in the early stage that have already closed an initial seed financing round and meet the necessary criteria. The platform, which currently brings together more than 130 businesses and more than 240 investors, has previously only accepted start-ups…
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As part of the reform of its markets in financial instruments directive, on 7 April 2016 the European Commission adopted a delegated directive that sets out provisions on the safeguarding of financial instruments and funds, product governance and inducements. Ahead of the directive’s transposition into the General Regulation, the Autorité des Marchés Financiers (AMF) has…
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Celer Technologies, a provider of Foreign Exchange trading technology solutions to banks, brokers, buy-side, ECNs and trading venues announced that Rob Wing has joined as Head of Americas and EMEA Sales, based in London. Wing joins from Tradair where he was Managing Director Head of Sales for 3 years, sat on the management team and…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil markets show signs of optimism into the next OPEC meeting due on May 25th. The price of a barrel of WTI plunged by 23% in April, on worries that the OPEC’s outcome cut…
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Continuing a fairly weak month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system dropped 25% in April, coming in at $234.6 billion. While that marks the slowest month for forex trading at Exness in…
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