CME Group
June 24, 2021 BY Steffy Bogdanova

CME Group announces FX Link integration with Bloomberg Terminal

Paul Houston, Global Head of FX Products, CME Group, commented: FX Link is the tradeable spread between OTC FX spot and CME listed FX futures and therefore represents a cleared and capital-efficient pool of firm liquidity for FX swaps traded on our central limit order book. Bloomberg customers can now seamlessly view and execute trades…

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Societe Generale
June 24, 2021 BY Steffy Bogdanova

Societe Generale meets additional licence conditions imposed by ASIC

ASIC revealed today that SGSAPL has met the licence conditions’ requirements, including providing attestations from a senior executive and a board member. LeapRate reported last year that the regulator initially imposed these conditions following an investigation conducted by ASIC into reports lodged by SGSAPL concerning securities breaches with “client money”. Client money provisions protect clients…

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daily market analysis
June 24, 2021 BY Steffy Bogdanova

Daily market commentary: The dollar is trading almost flat

GOLD Gold continues to trade inside a triangle pattern between $1,800 and $1,760 with no bullish reversal signs in sight so far. Indeed, the current global optimism has caused traders and other mid-term investors to rotate away from defensive values and safe havens to riskier assets, which represents a strong bearish market driver for gold.…

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CFTC
June 24, 2021 BY Steffy Bogdanova

ZTegrity Inc and CEO accused of forex fraud by CFTC

The official complaint released on the CFTC website claims that from around October 2019 up until the past few months, the accused utilised a number of social media platforms and websites in order to falsely market their forex trading pool as an alternative to a savings account which provided a larger yield with minimal risk.…

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FXSpotStream adds FX Algos and Allocations over its API
June 23, 2021 BY Steffy Bogdanova

FXSpotStream adds FX Algos and Allocations over its API

Alan F. Schwarz, FXSpotStream Co-founder and CEO commented: We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic. Alan F. Schwarz, continued: Clients currently do not pay a fee…

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VT Markets on rebranding and MT5 transition
June 23, 2021 BY Steffy Bogdanova

VT Markets on rebranding and MT5 transition

With so many brokers making the transition to the MT5 platform, why did VT Markets decide to make the change? Chris: In response to growing user demand, VT Markets has taken the decision to add support for MT5. The MT5 platform was designed from the ground up to trade a variety of markets, which includes…

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Sucden Financial
June 23, 2021 BY Steffy Bogdanova

Sucden Financial adds new hires to FX sales team

Wayne Roworth, Global Head of FX said: I am delighted to welcome Mike and the team, as we strengthen our salesforce, continue enhancing our FX services and develop our global client base. Mike Wilkins, Global Head of FX Sales, commented: Sucden Financial is a well-established company and recognised leader within the FX industry, with a…

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