The following article was submitted by Michael Stark, market analyst at Exness. Probably the biggest event so far this week in markets is the huge slump in the price of major benchmarks for crude oil. Stock markets so far are facing their worst day since the Global Financial Crisis in 2008. Japanese GDP data late…
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Hauke Stars who has served two terms as a member of the Executive Board of Deutsche Börse AG will not be available for a third. Therefore, the Supervisory Board of the company decided last week to appoint Heike Eckert as full member of the Executive Board of Deutsche Börse AG, effective 1 July 2020. Eckert…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 9, 2020. This is not a trading advice. See details below: FOREX The euro is down more than 1% to the yen during early Monday trading in Europe. The flight to safety is obvious, with refuge assets recording gains following the deterioration of…
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UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies [email protected]; [email protected], Open Hub Pro, Fx Pro, GMGFX, Citigroup Asset Management / Citibank Asset Management, Bitmex, MTI24, Lend Finance, FX Goat / @_samfx_ and MCM FX / MCMFX. According to the…
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Moscow Exchange’s Supervisory Board approved the purchase of a minority shareholding in BierbaumPro AG on 5 March. The Board also approved an agreement to acquire up to 100% of BierbaumPro equity over a period of three years. The final price for the Bierbaumpro’s equity will depend on the company’s operational and financial performance. BierbaumPro’s main…
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Avelacom expands to a wider variety of cryptocurrency markets, making it easer for institutions to take advantage of arbitrage and other latency sensitive strategies. Global connectivity and IT infrastructure provider, Avelacom, launched a new point-of-presence (PoP) in Ashburn, Virginia, with direct connectivity to Amazon AWS US – East–1 region. Its most popular route for cryptocurrency…
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FXCM Group, LLC, international foreign exchange trading, CFD trading, cryptocurrencies and related services provider, announced its expansion into equity trading with the launch of a commission-free trading service in collaboration with Interactive Brokers. Equity trading is one of the most popular investment securities for retail traders. FXCM will create a dedicated online and mobile trading…
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Sunday March 8th will mark International Women’s Day — and despite progress, the fields of science and technology still experience gender inequality. Below is a commentary from a selection of female representatives from the technology sector, expressing their views on what can be done to advance their fields. These women play prominent roles in the…
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Virtu Financial, Inc. (NASDAQ: VIRT), a financial services and technology provider, announced the hiring of Jessica Morrison. Morrison will join the company in 2020 to serve as Co-Head of Virtu-ITG APAC and Head of Execution Services in the region. Virtu’s EVP & Global Head of Virtu Execution Services, Steve Cavoli commented: We’re excited to welcome…
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LeapRate Exclusive... Jeff Wilkins, Managing Director at IS Risk Analytics (ISRA), part of the ISAM Capital Markets Group talks to LeapRate about the risk management methodology of the “Revenue Share Shops” that exist in today’s FX industry. LR: Jeff – you feel very strongly about how detrimental these ‘Revenue Share Shops’ are. Can you explain…
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