ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 13, 2019. See details below: FOREX The Yen, widely seen as a refuge asset during uncertain times, is becoming the star performer among the top currencies, already up by 0.2% on the day to the US Dollar. This can be…
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Bitcoin enthusiasts received an emotional lift today, as Bitcoin briefly tested its upper ranging boundary of $8,200. It has been locked in a tight $600 zone for a week from $7,500 to $8,100, displaying exhaustion and an apparent inability regain momentum from its previous bull run. Traders are beginning to lose patience, while analysts counsel…
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Dubai International Financial Centre Authority (DIFC Authority) announced today that its Board of Directors has issued the Investment Cell Company (ICC) Regulations, which came into force on 1 May 2019. Insurers and Fund Managers will be able to use an Incorporated Cell Company (ICC) formed under the new ICC Regulations for conducting their respective fund…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 13, 2019. EURUSD The euro closed lower on Wednesday, dropping to 1.1292(-37 pips) against the greenback. The pair has now retraced completely its weekly gains, as the Dollar strengthened across the board despite weaker-than-expected US inflation…
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AlgoTrader AG just informed that Phillip Securities Japan Ltd., a Tokyo-based broker with membership in TSE, OSE and TOCOM has integrated the AlgoTrader algorithmic trading solution for trading index futures with its newly launched futures dark pool. Phillip Securities consulted AlgoTrader to meet their desire for custom execution algos for Japanese futures trading on the…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Collier Consulting Group LLC. Collier Consulting Group LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Software solutions platform Polymath announced that it has just added Sumsub to its service provider marketplace. Sumsub is a trusted provider of compliance as a service, with years of legal experience that assures full compliance to STO regulations, including routine KYC/AML checks for individual and corporate clients together with accredited investor checks. Sumsub is a…
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We sometimes forget amidst the daily hype of Bitcoin and cryptocurrencies in general that there is a massive technical infrastructure that supports the entire enterprise. Top of the list is security and all of its ramifications, since the nature of the entire effort is a digital financial service. Cryptos will and have attracted formidable attacks…
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“Sell in May, and go away” is an oft-heard phrase amongst equity investors. Its truth has been borne out by years of study of the historical record. The presumption is that traders and investors alike prefer to take holiday after May, returning some time in September to resume their daily regimens. During that period, volumes…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 12, 2019. See details below: FOREX The US Dollar continues to lose ground to other major currencies, having lost more than 1.4% against the Euro so far this month. The Greenback depreciation can be explained mainly by concerns over the…
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