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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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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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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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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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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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’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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Richard Elston, Group Head of Institutional at CMC Markets Connect, commented: Peter has been a significant asset to the team since he joined us four years ago. This move from Sydney to Singapore will enable us to better serve the fast growing market in South East Asia, where we know clients and prospects alike put…
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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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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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