Short-Term View Ahead of FOMC Minutes Based on the H1 timeframe, it is obvious that there is a notable downside bias, with price action close to testing support at 101.44. In the event of a spike higher, resistance warrants consideration at 101.82. Therefore, given the bearish vibe derived from the bigger picture, 101.44 support appears…
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According to the official announcement, the recently established banking firm will cater to Clearstream's fund execution enterprise, Vestima, reputed as the world's most extensive fund-processing platform, with access to 230,000 funds in 50 markets. It has acquired a commercial banking permit through the new banking platform. Furthermore, the bank will facilitate the fund distribution platform…
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The Cypriot regulator initially suspended the license of the crypto exchange on 11 November 2022 following its collapse and extended the suspension once in December 2022 until March 2023. CySEC noted that during the suspension, the exchange is not permitted to offer or carry out investment services in the country or enter into any business…
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Alan Polo, Head of Business Development, Americas, said: Our goal has always been to leverage technology and service to help the buy side solve their liquidity and execution challenges. This way of thinking led us to introduce Surge Capture six years ago, which continues to be one of the most innovative features in the market.…
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Paolo Ardoino, Chief Technology Officer of the Bitfinex group, said: We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime. The new DASP…
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The average daily volume in FX for last month came in at $22.6 billion. Compared to February’s $20.6 billion, this was also a 9.7% MoM increase. Total Cash Market numbers in March stood at $292.0 million, up by 22.7% MoM compared to previous month. On yearly basis, the exchange saw a 25.3% decrease. Derivatives markets…
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The application follows the Trust and Corporate Service Provider (TCSP) licence from the Company Registry in Hong Kong, the group recently obtained, allowing it to offer virtual assets custody services. These licenses will allow the Group’s Hong Kong entity, Gate HK, to serve clients in the region and comply with the special administrative region's licensing…
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According to CFTC’s filling, Goldman made transactions of dozens of “same-day” equity index swaps with US-based clients in 2015 and 2016. The "same-day" equity index swap involves striking the equity leg on the day that the other key terms of the swap are agreed upon, instead of the following day, which is the usual practice.…
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Following the integration with Liquidity Bridge, all brokers licensing DXtrade CFD will gain access to its technology of liquidity aggregation. The ‘plug-n-play’ implementation allows for quick integration cutting the need additional development or per-broker customization. The comprehensive solution is designed to manage large amounts of liquidity from several sources. Through it, brokers can connect several…
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On the technical side the price on the fiber chart has found resistance on the upper band of the Bollinger bands last Tuesday and has since corrected to the downside. The Bollinger bands are contracting at the time of this report but volatility could pick up later in the week around publication hours of the…
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