February 08, 2023 BY Steffy Bogdanova

Technical Market Outlook and Review: Although the price of gold is higher this week, momentum has been sluggish

XAU/USD (Gold) Although the price of gold is higher this week, momentum has been sluggish, consequently establishing a potential bearish flag pattern on the daily chart between $1,881 and $1,862. Rupturing the lower boundary, the said pattern not only permits chart pattern traders to project the pattern’s profit objective, it also exposes the 50-day simple…

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February 08, 2023 BY Steffy Bogdanova

Eightcap introduces a new AI-powered economic calendar

Alex Howard, CEO of Eightcap commented: By incorporating Acuity's cutting-edge AI technology into our platform, we are able to offer our clients a powerful new tool that will help them stay ahead of the markets. We are committed to providing an extensive range of tools and educational resources that will enhance our clients' trading experience…

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StoneX
February 08, 2023 BY Steffy Bogdanova

StoneX sees 32% fall in FX and CFDs revenue in Q1 FY23

In the first quarter of the year, net income came at $76.6 million during the first quarter, registering a 84% jump compared to Q1 FY22. StoneX’s ROE also improved by 27.3% in Q1 FY23. The diluted earnings per share (EPS) jumped 77% during the last quarter to $3.62 per share. FX and CFDs demand The…

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February 08, 2023 BY Steffy Bogdanova

Iress partners Centroid Solutions to power pricing and trading data APIs

Centroid can now offer its clients an enhanced, end-to-end solution for pricing and trading exchange traded products powered by Iress’s ConsolidatedFEED API data solution. Iress’s API data and trading solutions have been fully integrated into Centroid’s connectivity engine, Centroid Bridge, a Liquidity Management and Order Execution Engine. Iress’ Managing Director - Continental Europe, Lionel Sancenot,…

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Revolut
February 07, 2023 BY Steffy Bogdanova

Revolut to offer crypto staking in Europe and the UK

The digital bank now offers nearly 100 different cryptocurrencies. However, staking will be initially limited to the Polkadot (DOT), Ethereum (ETH), Tezos (XTZ), and Cardano (ADA). Yields are said to range from 11.65% to 2.99% but not guaranteed. Crypto staking Crypto staking is when the holder of a cryptocurrency, who keeps it in a wallet,…

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Interactive Brokers
February 07, 2023 BY Steffy Bogdanova

Interactive Brokers launch stock yield enhancement program in Australia

Once Interactive Brokers Australia receives permission to enter into SYEP Derivatives, the company will manage everything from there. The firm will examine clients' stock portfolios and enter into SYEP Derivatives with eligible clients, depositing cash collateral in their accounts and paying them a fee reflected as interest. The American automated global electronic broker highlighted the…

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MOEX
February 07, 2023 BY Steffy Bogdanova

Moscow Exchange FX volumes fall 37% YoY in January 2023

The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 1.6 trillion. The numbers were almost 62% lower than December 2022 when it was RUB 4.2 trillion. On yearly basis, this was a 68% drop. Trading volume in RDRs, shares, and investment fund units stood at RUB 787.8 billion, with…

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