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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FCA
February 03, 2023 BY Steffy Bogdanova

FCA asked firms to amend or take down 8.5K adds in 2022

FCA highlighted that t has made improvements to the digital tools it uses to detect problem firms and problematic advertisements, allowing the regulator to work on a larger amount of cases compared with 2021. ‘Fin-fluencers’ were pointed out as a growing concern as the regulator warned that unauthorized individuals should not give advice on certain…

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Deutsche Börse
February 03, 2023 BY Steffy Bogdanova

Deutsche Börse’s cash markets rise 16% MoM in January

Trading volumes on Börse Frankfurt in January 2023 came in at €3.01 billion (December 2022: €2.19 billion). Last month, Equities on Deutsche Börse generated €89.33 billion and trading in ETFs/ETCs/ETNs accounted for €16.09 billion of the turnover. Bonds recorded €0.44 billion, certificates €1.03 billion and funds brought in €0.05 billion. Linde plc was the DAX…

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February 03, 2023 BY Steffy Bogdanova

Italy’s Consob blocks 5 unauthorised firms

The financial services platforms offer high-risk investment instruments such as forex instruments and contracts for differences(CFDs), shares and other asset classes and cryptocurrencies. One of the entities on the lists claims to be fully EU regulated broker but has not specified details on its license. Consob has the authority to block websites offering illegal financial…

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European stock market experiences positive change
February 03, 2023 BY Steffy Bogdanova

Technical Market Outlook and Review Ahead of the NFP

S&P 500 Recent movement on the S&P 500 has largely been one sided since the index journeyed above weekly trendline resistance last week, taken from the high at 4,818. Up 2.7% on the week, the next level of resistance to perhaps throw a spanner in the works is Quasimodo resistance on the weekly scale at…

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Interactive Brokers
February 02, 2023 BY Steffy Bogdanova

Interactive Brokers reports 14%YoY drop in DARTs in January

The broker ended the month with client credit balance of $99.8 billion, including $2.4 billion in insured bank deposit sweeps. The client credit balance came in 12% higher than in January 2022 and 5% above the prior month. However, client accounts on the platform increased 23% YoY and 2% MoM to 2.13 million in January…

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