On the chart, cable has moved clearly into oversold based on the slow stochastic. The price has been below all three of the 50, 100 and 200 simple moving averages since February. Selling in at the current area would traditionally be considered an unacceptable risk except on a very low timeframe, so awaiting a possible…
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At Cisco, Jeetu Patel serves as its Executive Vice President and General Manager of Security and Collaboration. There, he leads the strategy and development for these businesses. He is also responsible for P&L for this multibillion-dollar portfolio. In this position, he focuses on accelerating the company's transformation and growth. Before joining Cisco, Patel worked as…
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PlayMaker enables clients to minimise downside risks with good money management rules, setting reminders to protect themselves from emotional trades and track metrics on open trades in real-time in order to stay disciplined. Giles Watts, City Index Regional Business Director, UK commented: Today’s financial markets and global events bring both risk and opportunity for investors.…
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Credit Suisse fixed the issue with an update of its trade reporting systems in November 2019. In addition, form February 2015 to April 2022, the firm failed to establish and maintain a supervisory system to help it comply with its trade reporting obligations for short sales. During this period, Credit Suisse conducted supervisory reviews aiming…
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Gold Gold prices dropped during early Monday trading, after gaining approximately 1.3% on Friday, following the release of May’s US inflation data on Friday, which revealed that consumer prices rose at the fastest pace in four decades. The precious metal, whose price usually moves inversely to the US dollar, strengthened on Friday, despite the dollar…
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Lars Holst, Founder and CEO, GCEX said: It is a priority for GCEX to have multi-jurisdictional regulatory coverage as this gives clients the choice of trading with the regulated entity which best suits their requirements. As Brexit has completely changed the landscape for UK regulated brokerages in terms of passporting, we believe it is very…
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In March 2019, Hioch Capital faced allegations of possible regulatory violations and settled with CySEC for €200,000. In June 2020, FCA banned the Cypriot firm for using unauthorised celebrity endorsements on social media as part of their marketing. CySEC stated in the official announcement: The loss of ICF membership status does not mean loss of…
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The company stated: Our mission has always been to provide ThinkMarkets customers with all the tools they need to achieve exceptional trading results with a seamless user experience. According to the official press release, the ThinkTrader platform aims to bridge the gap between mobile and desktop trading. ThinkMarkets stated that the new platform offers muti-screen…
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Zhao also disclosed the exchange’s plans to expand its operations within the country. He said: We are interested in investing in traditional financial service centers including payment service providers, banks, etc. We want to help bring those businesses into the blockchain world. Earlier in May, Binance tconfirmed it is in talks with Germany’s financial regulator…
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Ralston Roberts, Global CEO of Instinet, commented: We’re very excited to bring FIS Execution Services into Instinet’s legendary agency business. There is tremendous alignment between our mission and theirs - we both are intensely focused on our clients’ execution performance quality. And we both use quantitative research and advanced technology to drive efficiencies and lower…
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