October 18, 2022 BY Steffy Bogdanova

Devexperts adds spread betting to DXtrade trading platform

Full apps control for brokers Furthermore, DXtrade offers brokers brand recognition and total control of their mobile applications. All frontends are branded with the customer’s logo and the mobile apps launched on app stores with a unique link for each broker. DXtrade is connected with several of the most popular liquidity providers and hubs, including…

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Daily Market Commentary
October 18, 2022 BY Steffy Bogdanova

Daily market commentary: Sterling bounced back against the dollar

European Shares Most EU benchmarks held their gains on Tuesday, extending the bullish sentiment confirmed overnight in Asia, as the rebound continues. Investors keep pushing stock indices higher following the rebound over the annual lows at the end of last week, and growing risk appetite can now be seen across different asset classes such as…

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October 18, 2022 BY Steffy Bogdanova

CME Group expands its TOPIX futures offering

Tim McCourt, Global Head of Equity and FX Products, CME Group, said: The addition of U.S. dollar-denominated TOPIX futures represents a natural extension of our Japanese index offerings as we aim to become the primary international venue for trading Japanese equity benchmark products. We are pleased to extend our partnership with JPX in launching this…

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CLS
October 17, 2022 BY Steffy Bogdanova

CLS Group registers over $2 trillion in FX ADV in September

The Group’s forex market offering is split into three main categories: forward, swap and spot. According to the official announcement, the demand in all three has increased in September. FX swaps was the instrument with the most absolute trading volume, generating an ADV of $1.36 trillion for the period, rising 10.7% from previous month’s 1.23…

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October 17, 2022 BY Steffy Bogdanova

Hargreaves Lansdown CEO Chris Hill to step down

A financial industry veteran, Hill spent thirty years in different companies in executive roles. Prior to Hargreaves Lansdown, he served as CFO at IG Group and he has also worked at Travelex as Group Financial Controller and as CFO. Hill commented: I have been privileged to lead the Company over the last six years through…

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Reduced retail sales curbs the pound
October 17, 2022 BY Steffy Bogdanova

Daily market commentary: The pound is starting the week on the front foot

European Shares European markets climbed on Monday, alongside US futures, trimming some of last week’s losses as market sentiment strengthens. Utilities and energy shares are leading benchmarks higher this morning while the FTSE-100 index brings one of the best performances of the old continent, as investors cheered the reversal of previously announced unfunded tax cuts…

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ASIC ban
October 17, 2022 BY Steffy Bogdanova

ASIC temporarily stops Holon crypto funds

ASIC’s interim order is valid for 21 and stops the funds from issuing interest. Investors in these funds are likely to experience significant price volatility and deep negative returns in periods of asset price decline. The highly volatile and complex nature of crypto-assets makes the investments “risky and speculative”. Holon has disclosed in its product…

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October 17, 2022 BY Steffy Bogdanova

Invast Global appoints Stephen Tudjman as Global Head of Legal and Compliance

Stephen Tudjman commented: I’m thrilled about the opportunity to join Invast Global and to work alongside a passionate and experienced team in an award-winning business that focuses on providing innovative client offerings. Gavin White, CEO of Invast Global added: Stephen’s wealth of experience, including over two decades at Ashurst, one of the most respected financial…

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