In his new role, Donovan will be focused on driving Saxo’s Preferred Broker programme to reach its potential in response to the high level of demand, according to the company. With the Preferred Broker programme, partner clients can enrol their employees onto the platform. Trades are reported to the organisation’s compliance department directly, which ensures…
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The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in September, CySEC added five companies to its warning list.
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All eyes are likely to be kept towards corporate earnings today, with most investors awaiting Q4 results from Tesla, AT&T, IBM, Boeing, and Alstom among others. The STOXX-50 index is kept under pressure by the tech and healthcare sectors while prices still trade close to the upper band of their bearish flag pattern, still flirting…
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Andreas Kapsos, CEO of Match-Prime Liquidity, said: I'm proud of our bespoke technical and trading conditions, which I believe will meet the expectations of even the most demanding traders; therefore, I believe that our cooperation will be very fruitful. Todor Georgiev, the COO of Tixee, added: As an entity regulated by several authorised institutions, our…
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Matthew Ardizzone said: StoneX’s broad product portfolio and geographic scale makes us well-placed to deliver a comprehensive digital assets solutions offering to financial institutions as the market looks more towards well-established and regulated entities for their needs. I am pleased to join StoneX at this time to build out the digital asset business within StoneX’s…
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According to Plum estimates, the app has 1.5 million users across Europe and has handled more than €1.79 billion. Victor Trokoudes, co-founder and CEO of Plum, commented: We’re delighted to bring Plum to five new European countries and help people manage their finances there. This is a challenging economic period as people are experiencing levels…
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Floating commissions allow brokers to adjust their commission rates on a trade-by-trade or client-by-client basis in real time. Retail, as well as institutional brokers can use this feature, depending on their business model. According to the official announcement, the feature is accessible on the MT4 bridge. Andrey Vedikhin, CEO of Your Bourse, said: We are…
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European Shares All of the Eurozone stock indices were trading in the green on Tuesday, extending gains from the day before, as bullish sentiment continues. Despite most Asian markets still closed for the day, bull traders continue to hold their gains in both Europe and the US, with a particular increased appetite towards tech shares.…
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According to the official announcement shared with LeapRate, the Q4 2022 turnover hit €842 million, jumping 77% compared to the same period previous year. The report further noted that out-of-hours trading remained active, accounting for 37% of all trades on the exchange. 85% of the traded derivatives was on indices. The most traded underlyings for…
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If there is a continuation to the upside the first point of resistance would be expected around the $84 area which is made up of the 61.8% of the Fibonacci retracement level and also the upper band of the Bollinger bands. Gold-dollar, daily The US Dollar Index (DXY) is in free fall hitting a 7…
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