Background The US administration announced on Monday that it would impose a 20% tariff on Canadian softwood lumber imports to US, alleging that Canada unfairly subsidises its timber producers. (See separate story here.)The news knocked the Canadian dollar and boosted prices of lumber futures. It also creates a trading opportunity in lumber futures, as outlined…
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The Irish Stock Exchange (ISE) has today announced details of the 2017 #IPOready programme, aimed at the next wave of Irish companies that are on course for a stock market listing (initial public offering or IPO) in the next 5 years. The 2017 #IPOready programme will provide high-growth IPO candidate companies with a structured support…
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Euronext, the pan-European exchange, announced the launch of Euronext Fund Service in Paris, an innovative and complementary solution for investing in open-end funds (UCITS and AIF) registered or passported in France. It offers institutional and retail investors a simplified, automated cost-efficient subscription/redemption service to invest in funds through their brokers. Euronext Fund Service will be…
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iSignthis Ltd (ASX: ISX) an Australian based leader in digital AML/CTF KYC identity proofing has launched Paydentity, a new automated identity, and payments system which will be used by Forex brokerage XM.com, the trading name of Trading Point Holdings Ltd. to reduce the time customers spend onboarding while keeping in line with all existing and upcoming regulations. The…
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INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD) unveiled its proprietary cross-border payments intelligence portal - the Global Payments Network (GPN). The comprehensive intelligence portal leverages GPD's relationships with global correspondent banks, regulators and other market participants in the developing world, to provide clients with…
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Background Trading in USDCAD was volatile on Monday. Initial losses mounted to more than 1 big figure and USDCAD was driven back to its 13 day moving average. But that crucial point proved important as, in line with this week's forecast, fresh buyers were attracted near that point. The resulting resumption of the upside took…
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Market Overview Although there is a degree of consolidation taking over forex markets as traders pause to take stock after yesterday’s huge risk rally, there is still a mild risk positive bias in sentiment. The clear lead for Emmanuel Macron in the first round of voting in the French Presidential election has stoked the fires…
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The Euro-Sterling pair has a great deal of importance amid traders given the political events which are folding. The euro is more than likely to continue its rally against the sterling. The Euro literally crushed the Sterling on the back of the French election outcome. Macron is the leading candidate in the polls and his…
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Ullink, a global provider of electronic trading and connectivity solutions to the financial community, announced that has launched a fully automated post-trade data management solution called UL PUBLISHER, enabling market participants to report transaction data to relevant regulatory authorities, meet upcoming MiFID 2 regulation and create a centralised view of post-trade data across multiple asset…
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FX trading affiliate Investoo Group just announced that has acquired Invezz.com in order to extend its reach into the financial trading industry. Founded in 2012, Invezz is a financial news site and peer review marketplace for CFDs, Forex, Shares and more. The site has more than 200,000 unique visitors per month. The news comes only 1…
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