GOLD ADP data strongly surpassed forecast, with almost a million new jobs created last month in the US. Investors are awaiting Friday’s non-farm payroll numbers, but yesterday’s data are showing that US recovery is probably stronger and quicker than expected. What does it mean for the markets? In a few words the US job market…
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Despite the dull outlook for forex, however, Saxo Bank saw a rise in the demand for equities on the platform. The forex and CFDs provided have reported a figure of around $141.9 billion for May’s equities trading volume. This number is an increase of 24.2% compared to April’s figures, while May’s daily average was reported…
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Multi-asset execution and order management systems provider FlexTrade Systems and BMLL Technologies, independent provider of harmonised T+1 data and analytics to sophisticated capital market participants, announced that the BMLL Data Feed is available in FlexTRADER EMS. With BMLL’s Level 3 data and analytics financial institutions can leverage the predictive nature of full depth order book…
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Min has rejoined the table of directors as a result of the rebranding process regarding changing USGFX to United Strategic International. While it was initially expected that the broker would hold on to its former brand name, this bold decision to fully rebrand proves that it needs to rid itself of its somewhat tainted reputation…
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Pollina has over 10 years experience on the Boards of the Ritchie Brothers Auctioneers, The Depository Trust and Clearing Corporation, and Two Harbors Investment Corp, among others. At the time of her appointment at IG Group, she served at Ares Management providing consultative counsel on business services, financial services and technology investments through her role…
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The April ADV reached 43.9% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate.
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Mark Lawrence, Director and Head of Americas, United Fintech, said: United Fintech is on a mission to scale and distribute the very best fintechs in capital markets through partnership and collaboration. We want to work closely with our financial institution client base to provide elegant solutions for automating workflows, easing onboarding, delivering efficiencies and saving…
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EUROPEAN SHARES Stock indices slid lower on Thursday, extending losses registered overnight in Asia, amid decreasing appetite for riskier assets ahead of key macro data. Today’s market sentiment is a reaction to the recent hawkish comments from Fed officials about tapering, confirming what many investors have been anticipating for the last couple weeks. However, even…
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Anti-money laundering and counter terrorist financing legislation are designed to protect against the transfer and disguise of funds from criminal activity, or funding of terrorist groups. The FCA stated in the official announcement: While this is not the only element that the FCA will assess in relation to an applicant, the FCA will only register…
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Additionally, options and futures which feature on both the MSCI China Hong Kong Listed Large Cap Index and the MSCI Hong Kong Listed Large Cap Index also provide investors with the opportunity to gain vital exposure to some of the largest firms listed in Hong Kong. The MSCI Hong Kong Listed Large Cap Index works…
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