Daily market commentary: Risk appetite is on the downside as investors digest the latest news of fresh Covid-related restrictions in China LeapRate

European stock market experiences positive change

November 21, 2022 BY Steffy Bogdanova

Daily market commentary: Risk appetite is on the downside as investors digest the latest news of fresh Covid-related restrictions in China

European Shares European benchmarks opened mixed on Monday, continuing the trend started by Asian shares overnight, as market sentiment starts a new trading week under pressure. Risk appetite is on the downside this morning as investors digested the latest virus development from China where rising Covid deaths are sparking worries of tighter restrictions in the…

November 21, 2022 BY Steffy Bogdanova

CAPEX.com secures in-principle approval for crypto trading in Abu Dhabi

Octavian Pătrașcu, the founder and CEO of CAPEX.com, commented: Now that we are ready to launch our cryptocurrency division in the Middle East, we are one step closer to becoming a complete trading app that offers multiple verticals in the financial services in different regions. We are happy to see that the markets are becoming…

November 21, 2022 BY Steffy Bogdanova

IQ Option becomes official global partner of the Davis Cup Finals 2022

IQ Option highlighted its hopes of that the collaboration turns into a “long-term partnership” allowing both the broker, and Davis Cup brings to grow and expand. IQ Option said: IQ Option and the Davis Cup have common values: precision, resilience and consistency. Moreover, they have similar goals: creating the best conditions for people to excel,…

November 20, 2022 BY Steffy Bogdanova

Capitalise.ai partners with AvaTrade to provide automated trading

Daire Ferguson, AvaTrade CEO, commented: Our partnership with Capitalise.ai is just further proof of our ongoing commitment to our traders, as we continue to provide them with innovative ways to trade, apply strategies and make every trade easier to accomplish, ensuring that everyone can become a trader. The newly announced collaboration will allow AvaTrade clients…

November 18, 2022 BY Steffy Bogdanova

Daily market commentary: Investor expectations now set on a Fed pivot to a less hawkish stance

European Shares European shares edged higher on Friday, despite Asian markets closing mixed as uncertainty rises at the end of the week. Market sentiment towards riskier assets was put under pressure at the end of the US trading session on Thursday after traders witnessed FOMC officials playing down hopes of a pause or pivot from…

November 18, 2022 BY Steffy Bogdanova

LMAX Group expands APAC infrastructure with its matching engine in Singapore

Quentin Miller, Managing Director, Asia Pacific, at LMAX Group, said: Our Singapore matching engine brings us closer to clients in the region and since launch we have seen 3x growth in our FX trading volumes month on month. We are excited by the opportunities that lie ahead and are focused on building our presence in…

Bankman-Fried jailed ahead of his October trial

November 18, 2022 BY Steffy Bogdanova

The Bahamas regulator transfers FTX assets to government wallets for “safe keeping”

The Bahamian regulator responded: The Commission wishes to advise that it has not directed, authorized or suggested to FTX Digital Markets Ltd. the prioritization of withdrawals for Bahamian clients. The Commission further notes that such transactions may be characterized as voidable preferences under the insolvency regime and consequently result in clawing back funds from Bahamian…

November 17, 2022 BY Steffy Bogdanova

Shahid Naveed joins Freetrade as CTO

Naveed has nearly two decades of experience in technical leadership roles. Most recently, he served as VP of Engineering at London-listed Auction Technology Group. He has also previously overseen the development of Amazon Video’s ownership systems globally. ‍Shahid Naveed, CTO of Freetrade, commented: I am thrilled to join Freetrade as CTO, a company that is…

November 17, 2022 BY Steffy Bogdanova

CySEC and ROInvesting.com operator Royal Forex reach a €120K settlement

Royal Forex is the parent company of Europe-based online trading broker ROInvesting. The brokerage recently extended its partnership deal with Italian football club AC Milan. Royal Forex operates forex and CFDs brokerage brand ROInvesting. Additionally, the broker strengthened its brand recognition by inking a sports sponsorship deal with the famous Italian football club, AC Milan…

November 17, 2022 BY Steffy Bogdanova

Daily market commentary: European markets edged moderately higher alongside US futures

European Shares European markets edged moderately higher, alongside US futures, as bullish sentiment stays alive despite poor performances registered by Asian shares overnight and ahead of a busy day on the macro front. Market sentiment remains supported by investors’ risk appetite as almost all EU benchmarks are trading in green territory, holding their recent gains…