February 07, 2023 BY Steffy Bogdanova

Oanda exits Malta in March, consolidates its European operations under Polish entity

OANDA Group’s fully owned subsidiary, OANDA TMS, is supervised by the Polish Financial Supervision Authority and participates in the Investor Compensation Scheme operated by the National Depository for Securities S.A. (KDPW). Following the strategic reorganisation, active traders in Europe will be able to gain access to the broader TMS product offering with wider range of…

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Equity Capital FX Global Code
February 07, 2023 BY Steffy Bogdanova

Equiti Capital signs the FX Global Code of Conduct

Benedict Sears, Head of Equiti's FX Agency Desk and Group Head of FX and PM Liquidity, said: Signing the FX Global Code of Conduct supports Equiti's client-focused approach to liquidity provision in the FX market. The Code provides a framework to evaluate execution choices and helps clients know what to expect from counterparties and liquidity…

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Market Analysis
February 06, 2023 BY Steffy Bogdanova

Technical Market Outlook and Review: On the back of a buoyant dollar, downside risks for the EUR/USD remain high

XAU/USD (Gold) The price of gold ended European trading considerably off best levels versus the US dollar on Monday after H1 price pencilled in a picture-perfect rejection from Quasimodo support-turned resistance from $1,879. This reaffirms not only the scope for short-term flow to zero in on H1 Quasimodo resistance-turned potential support at $1,857, it also…

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Broadridge
February 06, 2023 BY Steffy Bogdanova

Broadridge incorporates Point Focal’s markets Insights into NYFIX platform

Broadridge’s NYFIX clients such as buy-side asset and wealth managers, sell-side service providers, portfolio managers, traders, research analysts and RIAs, will gain access to custom portfolios and watch lists, built from Point Focal’s aggregated, alternative data derived from marketing sources. Thomas Bryant, Director of Sales and Business Development at Point Focal, added: We’re pleased to…

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plus500 revenue
February 06, 2023 BY Steffy Bogdanova

Plus500 secures DFSA licence in United Arab Emirates

David Zruia, CEO of Plus500, commented: We are delighted to have received licence authorisation from the DFSA in the UAE and we are excited to bring our market-leading technology capabilities to customers in the region. This is the latest realisation of our strategy to enter new markets, develop new products, and deepen engagement with our…

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February 06, 2023 BY Steffy Bogdanova

Brokeree Solutions’ flagship Social Trading integrates with XCritical

Brokeree Solutions’ flagship investment system, Social Trading, allows brokers to effortlessly launch copy trading across their servers. The solution offers convenient interface which allows users to switch between different MetaTrader 4 and 5 servers in a few clicks. This feature allows signal providers and followers to react quickly to market changes and comfortably control the…

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Ahmed Negm joins XS.com as Head of Market Research - MENA
February 06, 2023 BY Steffy Bogdanova

XS.com hires Ahmed Negm as Head of Market Research - MENA

Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com said: We are thrilled to welcome Ahmed Negm our new Head of Market Research for the MENA region to the team. Ahmed’s expertise and passion for understanding the intricacies of the financial markets will be invaluable as we continue to grow our client base and expand…

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Cboe
February 03, 2023 BY Steffy Bogdanova

Cboe FX revenue up 14% in Q4 2022 to $16.9 million

The average daily notional value of forex trading on Cboe FX came in at $40.8 billion for Q4 2022, registering a 21% rise compared to the same period the previous year. In the official announcement, the company noted that Cboe FX commanded 18.4% of the market share, compared to 16.8% in last year’s final quarter.…

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Britannia Global Markets
February 03, 2023 BY Steffy Bogdanova

Britannia Financial Group announces organisational changes

Britannia Global Masrket The Group’s brokerage business arm, Britannia Global Masrket Limited, has appointed Steve Pettitt as CEO. Current CEO, Ian Johnson will remain in his position until the transition is complete to ensure smooth handover. Pettitt currently serves as Director of Sales and has been instrumental in the growth of the company over the…

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