January 27, 2023 BY Steffy Bogdanova

Morgan Stanley imposes $1million penalties on bankers for using WhatsApp for official business

Reuters further reported that the penalty amounts were determined by the number of messages sent, seniority and whether the employees had already received warnings, as well as other factors. In 2020, Morgan Stanley fired two senior employees at its commodity division for using personal messaging apps. US regulators require broker-dealers to keep records of all…

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Daily Market Commentary
January 27, 2023 BY Steffy Bogdanova

Daily market commentary: as Friday’s European trading session gets underway the greenback is still carrying a positive momentum

However, the upside for the greenback is limited; a more in-depth analysis of the GDP data reveals that the growth was, to a large extent, driven by inventories, and therefore likely to fizzle out later in the year. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the…

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Broadridge
January 26, 2023 BY Steffy Bogdanova

FLX Networks partners with Broadridge as a data and analytics provider

In each of these scenarios, FLX will use Broadridge analytics and insights offerings to power the distribution services that FLX provides to asset managers. FLX’s clients will also have access to Broadridge’s sales analytics, market analytics and Global Market Intelligence (GMI) products on the FLX platform to provide market and product analysis to drive more…

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January 26, 2023 BY Steffy Bogdanova

ATB Financial adopts smartTrade’s FX web platform

Ryan Rabin, Vice President of Banking & Payment Solutions at ATB Financial said: We were looking for a vendor with a strong reputation, an understanding of FX distribution and trading, as well as the technology to support it. smartTrade was able to provide a true end-to-end solution, including connectivity to liquidity providers and support teams…

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January 26, 2023 BY Steffy Bogdanova

Swiss Finance Corporation taps Integral for its eFX trading and workflow solution

Through their partnership, SFC receives access to Integral’s end-to-end workflow and eFX trading technology, which will allow the firm to focus on growing their business and optimizing their yield. The SaaS solution includes liquidity aggregation, price generation, distribution, risk management and analytics, allowing clients to run their trading businesses more effectively – at a fixed…

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January 26, 2023 BY Steffy Bogdanova

Daily market commentary: The markets are on standby mode, awaiting the release of US GDP figures later today

European Shares European shares climbed higher on Thursday, alongside US futures, as reassuring earnings keep on sustaining risk appetite. Every stock index of the old continent traded in green territory, with positive performances across almost all sectors, and tech stocks continue to lead the way. The cautious sentiment sparked by the sales warning from Microsoft…

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January 26, 2023 BY Steffy Bogdanova

Edgewater opens a new São Paulo office

Managing Director and Head of Sales, Americas, Jose-Antonio Buenaño said: Brazil is a tremendous market for us, and one of the fastest-growing participants in currency trading globally. Edgewater believes strongly in ‘boots on the ground,’ where our uniquely experienced FX professionals, armed with unparalleled local knowledge, are closest to the markets, developments and players. With…

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January 25, 2023 BY Steffy Bogdanova

Saxo UK names James Donovan Global Head of Preferred Broker

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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January 25, 2023 BY Steffy Bogdanova

CySEC adds 5 more unregulated brokers to warning list

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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