New Zealand has a rather untypical financial industry structure: the country doesn't have its own banks, but it relies entirely on Australia's big four banks. As reported by Financial Review, the fact that the two countries share the same banks and the same "client" for exporting their commodities (China), if for some reason both economies…
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CPT Markets UK, previously Citypoint Trading, the FX and CFD trading firm has just announced that it has become a member of the London Stock Exchange. Nick Lewis, the CEO of CPT Markets UK, commented on the news: Even though CPT Markets UK has been operating out of the UK for more than 10 years,…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 6, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bakkt CEO Appointed to Senate: Kelly Loeffler, the CEO of institutional futures platform Bakkt, will replace the outgoing Johnny…
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ATFX Global Chief Market Strategist, Alejandro Zambrano, prepared a market analysis of the next FOMC rate meeting. The next FOMC rate meeting will take place next week on December 11, 2019, and looks to be an event that should not spur too much attention in the markets as the Federal Reserve has made it clear that they…
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The Supervisory Board of Deutsche Börse AG has announced that it has nominated the IBM Manager Martin Jetter as the candidate to succeed the Chairman of the Supervisory Board of the Company. Martin Jetter is to succeed Joachim Faber, who has been a member of the Supervisory Board since May 2009 and its Chairman since…
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FCA regulated online broker FXOpen's UK entity has just announced that it has launched MT5-based ECN trading accounts. FXOpen UK traders will now be able to choose between hedging and netting trading systems, as well as utilize the Economic Calendar and financial news for the fundamental analysis and quote dynamics forecasting trade using automated robots. Traders…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 6, 2019. This is not a trading advice. See details below: FOREX The mood in the markets remains positive despite the release this morning of data that shows the most pronounced drop in German industrial output in the last 10…
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LMAX Digital, the institutional spot crypto currency exchange and part of the LMAX Exchange Group, announced that it has started providing real time trading volumes to TradeBlock, a provider of institutional trading tools for digital currencies. This move makes LMAX Digital the first institutional exchange to go live with real-time volumes on TradeBlock. Jenna Wright, Head of…
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For the past few years, critics of the new digital age, driven by blockchain technology and cryptocurrencies, have continually asked where are the “use cases” that prove efforts in this new sector have been worthwild? 2019 has become a year where results from years of investment in research and development in crypto related activities have…
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2019 is slowly coming to a close, and before we know it, a New Year will have already begun. This is also the time when award committees begin to review their respective sectors of influence to designate the leaders of the pack, so to speak. It is also a time when independent companies conduct non-biased…
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