PrimeXM
April 11, 2022 BY Steffy Bogdanova

PrimeXM sees trading volume rise of 23% YoY in March

PrimeXM’s Data Centre in LD4’s notional trading volume in March stood at $964 billion. TY3 recorded $191 billion and NY4 followed with $191 billion. SG1 data centre showed steady growth with $8.57 billion. XAUUSD remains the most popular trading instrument, recording one third of all volume traded in March. EURSD index took 2nd place with…

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FXPrimus rebrands
April 08, 2022 BY Steffy Bogdanova

Forex & CFDs broker FXPRIMUS announces rebrand

The launch of these ongoing concrete structural improvements reveal that the 12-year old brand is also adaptable and focused on technology and speed. A spokesperson of FXPRIMUS commented: We are absolutely delighted to be taking live the multitude of improvements that our talented resources have been working on for many months. With these changes, our…

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CMC markets
April 08, 2022 BY Steffy Bogdanova

CMC Markets expects FY22 revenue to reach £280 million

Lord Cruddas, the CEO of CMC Markets, commented: I am delighted to report another year of strong performance both strategically and financially. Outside of the pandemic year (Financial year ending March 2021), this is a record net operating income result for the company. The performance reflects the ongoing success of our B2B technology partnerships and…

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April 08, 2022 BY Steffy Bogdanova

Paysafe appoints Bruce Lowthers as new CEO

Philip McHugh, who Lowthers succeeds, led Paysafe through the pandemic and took the company public, positioning it for its next phase of growth. Daniel Henson added: On behalf of the Board, I want to thank Philip for his leadership over the past three years.  He has taken Paysafe public, expanded its footprint and established value-added…

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April 07, 2022 BY Steffy Bogdanova

Andreas Neocleous joins BDSwiss as Chief Operating Officer

Nicolas Shamtanis, CEO at BDSwiss commented: Andreas Neocleous has an outstanding reputation in the Forex and CFD trading industry and we’re very pleased to be welcoming him on board. In an increasingly demanding fintech arena, having a strong COO with a focus on technology can be instrumental in our product and client experience optimisation efforts.…

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GKFX Trader launches
April 07, 2022 BY Steffy Bogdanova

GKFX launches online FX and CFDs trading platform GKFX Trader

GKFX Trader also helps clients who prefer a simple and quick trading experience, a customizable watchlist with their favourite instruments, and trading right there from the Trader Screen. The platform’s Quick Trade functionality offers this on the web, as well as on mobile. The platform allows GKFX customers have the option to dig deep through…

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April 07, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar loses some ground to other major currencies but remains close to the highs it gained in the previous session

Gold Gold prices are almost flat during early Thursday trading, remaining within the same narrow range of the last few weeks. The value of the precious metal has been determined by the countering forces of, on one side, the geopolitical risk generated by the war in Ukraine, which enhances gold’s haven appeal, and the increasingly…

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