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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April 07, 2022 BY Steffy Bogdanova

Binance closes a $200 million seed round

Brian Shroder, Chief Executive Officer of Binance.US, commented: In under three years, Binance.US has grown into a profitable business that is not only one of the largest and most technologically advanced digital asset exchanges in the United States but in the world. From this position of strength, and with an eye toward continuing our rapid…

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April 06, 2022 BY Steffy Bogdanova

Devexperts’ DXtrade now offers spot crypto trading functionality

Founded In 2002, software development company Devexperts hosts and maintains the SaaS platform DXtrade. The platform offers a modular, widget-based UI that allows easy adjustments in several tabs and pop-out windows to suit any trading style. Trading Journal and Trading Dashboard help traders keep track of all active and historical orders. These functionalities allow traders…

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April 06, 2022 BY Steffy Bogdanova

Commonwealth Bank of Australia joins LCH SA as a member

Corentine Poilvet-Clediere, Head of RepoClear, Collateral and Liquidity, LCH SA, said: It’s a great milestone to welcome CBA as the first Australian member of LCH SA. RepoClear SA has been gaining increasing traction in regions outside Europe, with members joining from Japan, Canada and now Australia. Banks such as CBA play a key role in…

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April 06, 2022 BY Steffy Bogdanova

Daily market commentary: European shares followed the global “risk-off” trend with all benchmarks drifting lower from Frankfurt to Lisbon

European shares European shares followed the global “risk-off” trend on Wednesday with all benchmarks drifting lower from Frankfurt to Lisbon, as monetary policies and growth expectations keep on pressuring market sentiment. Today will be a key day for both stock and currency traders with the release of the minutes of the last FOMC meeting. While…

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LSEG, London Stock Exchange
April 06, 2022 BY Steffy Bogdanova

LSEG acquires digital identity verification firm GDC

The terms of the deal have not been disclosed but the official announcement said the transaction is expected to close in the first half 2022. Andrea Remyn Stone, Group Head, Data & Analytics LSEG, commented: Adding GDC to the suite of digital identity solutions within our Data & Analytics division, will enable us to continue…

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ASIC ban
April 06, 2022 BY Steffy Bogdanova

ASIC announces extension CFDs leverage restrictions for five years

ASIC Commissioner Cathie Armour said: We have seen a substantial reduction in harm to retail clients resulting from CFDs as a result of ASIC’s product intervention. Commissioner Armour added: Our extension of the product intervention order for five years will ensure that the leverage ratio limits and other protections can continue to reduce the size…

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