March 10, 2020 BY Steffy Bogdanova

Copper.co teams up with SFOX to expand liquidity and provide fast OTC settlement

Copper.co, London-based institutional custody and brokerage firm, announced its partnership with SFOX, US prime cryptocurrency dealer. Copper’s institutional clients will benefit from SFOX’s integration and use secure access to its best price execution platform and global liquidity. SFOX’s clients will be able to take advantage of the secure custody and settlement architecture developed by Copper’s…

Read more
ATFX shares market outlook for Q2 2020
March 10, 2020 BY Valentina Kirilova

ATFX adds new CFD products to its offer

ATFX has just announced that it has launched new trading products for its clients in South East Asia, Latin America and the Middle East. The new tradeable products are: US Natural Gas Futures Contracts CFDs Bitcoin Cash/US dollar CFDs ATFX added the new CFDs to its product line-up because of a high demand from its…

Read more
Kraken
March 10, 2020 BY Steffy Bogdanova

Kraken plans to expand in India as crypto ban is lifted

US-based crypto exchange, Kraken, announced its intention to grow its operation in the Indian market following the recent ruling of the country’s Supreme Court to lift the ban against banks doing business with crypto companies. Kraken growth in India was until recently hampered by the Reserve Bank of India (RBI) ban. However, the company do…

Read more
March 10, 2020 BY Valentina Kirilova

Eurozone: If you’re standing still, you’re moving backwards?

The following market analysis was prepared by Ramy Abouzaid, ATFX (AE) Head of Market Research. Following the outbreak of the coronavirus and the uncertainty in the markets, the eurozone economic sentiment - especially in its biggest economic countries – wasn’t really optimistic. And it is not like, they were that optimistic before - many long…

Read more
Daily Market analysis
March 10, 2020 BY Valentina Kirilova

Daily market commentary: The dollar bounces back

ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 10, 2020. This is not a trading advice. See details below: FOREX The dollar bounced back against other major currencies following political statements from the White House that showed a willingness to act, through concerted economic policies, to mitigate the fallout from the…

Read more
Gain Capital forex.com
March 10, 2020 BY Steffy Bogdanova

GAIN Capital’s February volumes up by 23% MoM

The US online trading services provider, GAIN Capital Holdings, Inc. (NYSE: GCAP), announces operating metrics for February 2020. The OTC trading volume for the retail segment was $198.7 billion, making a 23.1% increase in MoM and 47.8% up compared to February the previous year. The average daily volume OTC trading made a 35.6% MoM increase…

Read more
ASIC office
March 10, 2020 BY Steffy Bogdanova

ASIC releases new regulation for foreign financial services providers

ASIC has released new regulation for foreign financial services providers (FFSPs) that service Australian wholesale clients. Cathie Armour, ASIC Commissioner, noted: Our new regulatory framework facilitates Australian wholesale access to foreign investment opportunities, preserves market integrity against misconduct in wholesale markets, and strengthens ASIC's ability to take effective regulatory and supervisory action. Our ability to…

Read more
Citi names Daniel Young its Head of equities for Australia and New Zealand
March 09, 2020 BY Steffy Bogdanova

Citi cuts ties with two-thirds of FX platforms

Citi has shared its intention to reduce its global ambitions in the foreign exchange space since launching a review back in October of last year. To do so Citi will drop almost two-thirds of the trading platforms it gives currency quotes. The bank has made changes to its vendor platform requirements and cut 12 of…

Read more
March 09, 2020 BY Steffy Bogdanova

MoneyNetint in strategic partnership with AFEX to expand network

MoneyNetint, global payment solutions provider, just announced its strategic partnership with foreign exchange specialist AFEX. The collaboration will improve MoneyNetint and allow it to wider range of services to its clients, taking advantage of AFEX’s API technology. MoneyNetint services clients around the world, processing and facilitating transfers of billions of dollars every year. The AFEX…

Read more