He added: I am so excited and looking forward to diving into this new journey headfirst, ready to learn and grow. Thank you very much to Hisham Mansour , Eduardo Fakhoury, and the rest of the @cfi team that I’ve connected with for helping me through this process! Malas brings to his new CFI role…
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The hawkish scenario of a triple hike on Wednesday seems to be almost universally priced in, so a case of ‘buy the rumour, sell the fact’ might apply for the dollar that evening and the euro might make at least a small bounce. As noted above, though, it’s the press conference that seems to be…
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In the official statement, BaFin Stated: The company claims on its website that it is regulated by the U.S. Securities and Exchange Commission, but this cannot be verified. The regulator added: Companies that conduct banking business or provide financial services in Germany require authorisation under the KWG. However, some companies operate without the necessary authorisation.…
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Tim McCourt, Global Head of Equity and FX Products at CME Group, said: We are pleased to have the support of NinjaTrader Group in offering CME Group event contracts to retail traders. With the launch of our event contracts, market participants have a new and cost-effective tool to take a position on daily price moves…
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The regulator added: This firm is not authorised by us and is targeting people in the UK. The FCA’s warning fallows the crypto exchange gaining license from the Cyprus Financial Market Regulator CySEC allowing the company founded by Sam Bankman-Fried, to offer products and services to European clients. Last year, the UK regulator banned FTX's…
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Instead of investing the funds he received from the pool participants, Caniff used the money to pay himself $1.2 million and Bos $1.1 million. Caniff sent false treading results to Bos who reported false profits and exaggerated pool values to the investors. The statement said: The order finds that Bos committed fraud by ignoring numerous…
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European Shares European shares continued to fall shortly after the opening bell of the first trading session of the week, extending last week’s losses as traders brace for a busy week on the macro front. The cautious trading mood prevails on the markets on Monday after investors ended the last week with more questions than…
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Bogoevski initially served as Head of Sales Trading for the APAC and Canada region at CMC Markets and after 4 years he was promoted to Head of Singapore. He spent 4 years in this role before being promoted again. He has previously worked with CMC Markets as part of the broker’s Institutional Business Development team,…
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The situation is clearly bearish on most EU benchmarks this morning, with traders bracing for the EU CPI figures as well as a triple-witching day where erratic market moves usually happen. The Stoxx-50 index has now broken-out of its short-term bullish trendline that has been supporting prices since the beginning of the month, and is…
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Additionally, CME Group reported that Open interest (OI) for CME Group FX futures and options also reached a record high. The platform recorded 3.3 million contracts on 8 September 2022. This was 17% higher year-on-year and reflects notional value of around $295 billion. Paul Houston, Global Head of FX Products, CME Group, said: Clients are…
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