From a technical point of view, a clear move back above $80 seems to be unlikely as of now given this area’s importance as a psychological resistance and buying saturation based on the slow stochastic. ATR of around $2.20 is now about half the peak in December, though, so a retest of $80 seems very…
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Elif Kundakci, Executive Director and Head of Dealing, Sheer Markets commented: We started out by doing extensive research to find the best client onboarding provider - a company with a deep understanding of regulations in Europe and the rest of the world. We wanted them to cover cross border regulations in real-time as well as…
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With steady investments in the software solutions provider, Redline’s service offering will be become fully and globally comprehensive. This will allow the company to deliver real-time and historical normalized financial market data including consolidated, delayed or end-of-day formats through wire protocol or API, available in available in Pico’s financial cloud. Pico’s clients will be able…
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The December volumes are based on 23 trading days. Performance 2021 The company’s ADV for the year 2021 went up 13.48% to $48.397 billion. The overall volume for 2021 touched $12.583 trillion, surpassing the $12 trillion mark for the first time in FXSpotStream’s history. The overall volumes also marked a 13.48% increase compared to the…
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Yorick Naeff, CEO of BUX, commented: At BUX, our mission has always been to make investing both accessible and affordable. We began this journey by making it possible to invest with zero commissions, something which was previously not offered in the European market. Today, we are making it even more affordable for Europeans to benefit…
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Demetriades has been with IG for almost three years. He joined the company in May 2019 as Executive Director and has played an essential part in establishing the Cypriot entity in its beginning. Finance Background With strong background in finance, Demetriades has served as head of financial departments of a few companies. Prior to IG,…
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FX business The London Stock Exchange pointed out the actions it has taken to advance its part in the international FX ecosystem. The company stated: In May, we announced the further investment to accelerate our development of future capabilities and we launched Workspace for FX Trading in November, which will enable our 16,000-user community to…
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Akash Shah, Chief Growth Officer of BNY Mellon, said: As capital markets shift towards a digital future, we are delighted to further our alliance with SNB Capital by providing a future-ready data analytics solution to help build the leading global capital markets infrastructure in the Kingdom and drive growth. Our collaboration combines the strengths of…
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The administrative five was also imposed on Rodeler Ltd as the AFM found the firm directed Rodeler NL in the violation. The AFM highlighted that such violations can result in a fine of up to €2 million. However, in its decision to impose a €15,000 fine, AFM took into consideration the limited financial strength of…
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BaFin stated: It requires contributors to have in place effective systems and controls. Contributors are natural or legal persons who contribute data for determining benchmarks. In the European Union, the Euro Interbank Offered Rate (EURIBOR) is used as benchmark, for example. Breaches of the Benchmarks Regulation can result in a fine which can reach up…
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