The newly released HYCM Trader app offers a wide range of instruments to trade including forex, commodities, metals, stocks, indices, and cryptocurrencies (depending on jurisdiction). Users on the app can make selections from categories like Popular, Large Cap, and Big Tech to find their desired instruments, and save them to their Watchlist for faster access.…
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The technical picture remains unambiguously negative, with a fresh two-year closing low of $1.0825 on Tuesday. The next key support is the psychological area of $1.07 near the 100% Fibonacci retracement, i.e. full retracement of all the euro’s gains since March 2020. To the upside, any possible bounce in the next few weeks would probably…
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Mohamed Al-Ahmad, CEO of Equiti Securities Currencies Brokers LLC, and Co-founder of Equiti Group, added: With the addition of our new UAE SCA license, our clients in the region can be confident that they are dealing with one of the most well-regulated and progressive brokers in the Middle East. Gaurang Desai, Managing Director: Strategy, Equiti…
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The company further explained that clients of other countries and regions will not be impacted by the decision. The Russian invasion of Ukraine was followed by a barrage of sanctions from western countries and the exit of foreign companies form Russia. Several financial services companies, like Goldman Sachs and payment firms Visa, Mastercard, American Express…
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Additionally, FNZ and Clearstream’s partnership will also support asset managers with their European fund distribution operations by providing efficiency gains, enabled by Clearstream’s integrated fund dealing and custody solution, and FNZ’s wealth management platform. This service will provide asset managers with a solution that aggregates data and insights to unify sales, product, risk, compliance and…
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Gold Gold prices are flat during early European trading, following Tuesday’s rise which reached the highest level since mid-March. Gold’s gains came as US yields eased down, following the release of US inflation data, which despite reaching a fresh 40-year high, also gave signs that it may have peaked. The markets have been pricing-in the…
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Plus500 stated in the official announcement: The purpose of the New Share Buyback Programme is to further highlight the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the significant operational and financial momentum achieved by Plus500 over recent years, as the Group continues…
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As StoneX’s new Head of Debt Capital Markets, Wilson will focus on developing bespoke private credit solutions, corporate debt issuance, and SPACs leveraging StoneX’s core target of serving mid-market clientele. Wilson’s appointment is the latest addition to StoneX’s rapidly growing Fixed Income Division which has added over 10 new team members in past six months…
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With its latest announcement, Robinhood is addressing the demand for broader selection of cryptocurrencies. Steve Quirk, Chief Brokerage Officer at Robinhood, commented: We’re excited to add more choices for our customers as we work to make Robinhood the best place to invest in crypto. As a safety-first company, we have a rigorous framework in place…
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SFC stated in the official announcement: The investigation also revealed that Poon failed to take reasonable steps to establish three clients’ financial situations and investment experience during account opening between May 2019 and February 2020. The SFC considers that Poon has also failed to act with due skill, care and diligence, and in the best…
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