SEC
September 29, 2020 BY Steffy Bogdanova

Former Amazon finance manager charged with insider trading

Erin Schneider, Director of the SEC's San Francisco Regional Office commented: We allege that the Bohras repeatedly and systematically used Amazon's confidential information for their own gain. Employees with access to confidential, potentially market-moving corporate information may not use that information to enrich themselves, their friends, or their families. The US regulator’s complaint charges all…

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September 29, 2020 BY Valentina Kirilova

Equiti teams up with HokoCloud to provide copy trading

Being part of a global online trading community can provide an invaluable support network. Collaborations, information-sharing and mutual advice can all be accessed through social trading.  It also leads to greater trading efficiency, and it serves as an insightful learning environment for new and experienced traders. Social trading requires no personal analysis of the markets, therefore it's…

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September 28, 2020 BY Steffy Bogdanova

Weekly forex data: GDP and the NFP

Key data this week Bold indicates the most important releases for this symbol. Wednesday 30 September, from 1.00 GMT: American presidential debate Wednesday 30 September, 6.00 GMT: British annual GDP growth (Q2, final) - consensus -21.7%, previous -1.7% Wednesday 30 September, 6.00 GMT: British quarterly GDP growth (Q2, final) - consensus -20.4%, previous -2.2% Wednesday…

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GMO-Z.com Trade UK launches its Agency FX service
September 28, 2020 BY Steffy Bogdanova

GMO-Z.com Trade UK launches its Agency FX service

Ramy Soliman, Chief Strategy Officer, commented: I’m pleased to announce to launch of our Agency FX service, and I believe that the offering we have put together is well-positioned to go above and beyond in meeting the sophisticated requirements of institutional clients, such as smaller hedge funds or tier 2-3 banks, seeking consolidated access to…

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Swissquote
September 28, 2020 BY Steffy Bogdanova

Swissquote integrates into oneZero ecosystem to enhance liquidity offering

Felix Cloke, Institutional Sales at Swissquote commented: In such a competitive market space it is vital to remain on the cutting edge. Swissquote remains devoted to evolving their institutional offering and the latest iteration of this comes from marrying its liquidity offering with oneZero’s robust infrastructure allowing both entities to focus and deliver their respective…

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daily market analysis
September 28, 2020 BY Steffy Bogdanova

Daily market commentary: Dollar Index continues to hover close to its highest level in two months

EUROPEAN SHARES  European markets opened higher on Monday, continuing the trend registered overnight in Tokyo, Hong-Kong and Seoul as investors welcomed the latest encouraging data from China. While Beijing's economic recovery seems to be well underway, tensions with Washington continue to grow after the US issued another export restriction on China's largest chipmaker. Monday morning's rally…

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SEC acts against 11 firms neglecting electronic communications
September 28, 2020 BY Steffy Bogdanova

SoluTech settles fraud charges with SEC, former exec to pay $25K fine

The SEC alleges that SoluTech and Pitruzzello misrepresented the investors’ interest in investing in SoluTech regarding SoluTech's and Pitruzzello's attempt to raise funds through a Series A stock offering. The US regulator found that SoluTech and Pitruzzello violated the Securities Act and without admitting or denying these findings, SoluTech and Pitruzzello consented to the requirements…

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HKEX
September 28, 2020 BY Steffy Bogdanova

HKEX adds five new MSCI futures contracts

Open interest in MSCI contracts registered significant growth in September during the during the quarterly and monthly roll periods for futures contracts, showing increased demand for the MSCI derivatives products on HKEX. The MSCI Taiwan Net Total Return (NTR) futures contract, in particular, had open interest of $465 million as of 25 September, reporting a…

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