Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 30, 2019. The text below is an excerpt and does not contain the full analysis. There's an old adage in the financial markets: Sell in May and Go Away Of course, this doesn't necessarily…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 30, 2019. Gold Weak Chinese PMI data is a supportive element for gold today, even if the price is struggling to find strength to attack the resistance area placed at $1,300. We have seen a first positive signal with the rebound registered…
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The Securities and Exchange Commission (SEC) announced that it has charged a New York City man with continuing a previously charged scheme. According to the US regulator, James Siniscalchi, Chief Compliance Officer, at a firm, claiming to have special access to profitable and highly sought-after event tickets, knowingly misused investor money to benefit himself and…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 30, 2019. EUR/USD The Euro closed 0.33% higher at $1.1185 overnight as the USD fell against a basket of currencies, slipping further from a 23-month high set late last week. Interestingly, data showed that U.S. consumer…
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LeapRate Exclusive... LeapRate has learned that automated regulatory compliance specialist muinmos has been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national…
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Deutsche Börse AG has released its first quarter results for 2019. Highlights include: Net revenue of €720.8 million, up 4% YoY (Q1/2018: €691.6 million). Deutsche Börse achieved approximately 5% growth of the secular net revenue, in line with its guidance. Adjusted operating costs of €248.6 million Operating costs were adjusted for non-recurring effects totalling approximately…
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The clearing house LCH has just announced that the investment bank of Intesa Sanpaolo Group, Banca IMI, has joined its CDSClear service. Banca IMI will now have access to clearing of credit derivatives referencing both Single Names and Indices, and is the first Italian member to join the clearing service. Banca IMI is already a…
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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 Walton Securities LLC. Walton Securities LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Despite Crypto Winter and the icy cynicism of Crypto-Land’s worst critics, all indications are that institutional investors have not been discouraged enough by opposing rhetoric to abandon the space altogether. Quite the contrary is true, as several key indications of participation continue to expand, as if focused on a convergence sometime in the near-term future.…
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Cryptocurrencies have been used in almost every shape and form for almost every purpose one can think of - from rewarding loyal clients in Starbucks to tracking how diamonds are mined in Africa. Now, the newest interesting project comes from the largest UK car manufacturer, Jaguar Land Rover. On April 29th, the company announced that…
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