The offering includes including in-house built risk management and their PAMM (percentage allocation management module). It is customised to fit the clients' needs across the full range of Vantage's services and can be accessed via an API. David Shayer, UK CEO at Vantage, commented: Market volatility often brings opportunities for those who know where to…
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On the technical analysis point of view the price is currently trading around the 1.17 price area which is a very strong point of resistance since it consists of the 78.6% of the Fibonacci retracement level and the upper band of the Bollinger bands (even trading above the bands a couple of days ago indicating…
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In its investigation, ASIC found that Suncoast Trading, Equity Trade, nor Jennings hold the necessary Australian Financial Services licence to provide financial services. Furthermore, it was discovered that Jennings had some clients put their deposits into his personal trading account and traded CFDs without consulting them. He made false or misleading statements to his clients…
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Hesham Hasanin, CEO of Equiti Global Markets in Cyprus, said: We are very excited to be in Limassol and have access to its large pool of talented people to expand our business in Europe. The welcoming hospitability and support of the local community and our partners in Limassol has been remarkable. We look forward to…
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Cboe Clear Europe also supports Cboe's pan-European derivatives exchange which launched in September 2021, Cboe Europe Derivatives (CEDX). The clearing house allows CEDX's participants to cut trading costs by clearing a wide range of pan-European equity derivatives at a single clearing house. According to the official announcement, Cboe Clear Europe will continue to operate as…
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FTX General Counsel Ryne Miller shared in a tweet later that the exchange is moving their digital assets to cold storage as the FTX to mitigate damage from unauthorized transactions. FTX and FTX US appear to be affected by a Trojan. The crypto disaster unfolded on twitter as FTX customers claimed that they received SMS…
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Sandeep Nanuwan commented: I have worked with IS Prime for a number of years and have always been impressed by their professionalism and transparency. I have also followed the fast growth of the business and could see how I could add value and drive further growth by leveraging my network. The people and culture in…
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With inflation finally under control many now expect a less assertive Fed in December, with many betting on a 50 basis points rate hike, instead of the previously expected 75 basis points. This shift in expectations, as well as the increase in investor risk appetite, are likely to create scope for further dollar weakness over…
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Charles White-Thomson, CEO of Saxo UK, commented: We are delighted to welcome Simon to the team. His depth and breadth of expertise across the trading and technology sectors will undoubtedly help Saxo as we continue on our ambitious growth strategy. We are determined and focussed on providing our clients with the very best opportunities for…
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Reuters reported that Bankman-Fried told staff members he has discussed raising $1 billion from Justin Sun, the Founder of the blockchain, Tron. FTX’s found has also discussed raising funds with rival exchange OKX and stablecoin platform Tether, Reuters said. Justin Sun tweeted on Thursday that Tron was “putting together a solution” for FTX. He said:…
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