Euronext announced that it has received clearance from Norway’s Ministry of Finance to acquire up to 100% of Oslo Børs VPS’s capital, as applied for. Euronext has already confirmed its intention to complete the transaction by the end of June 2019. Back in December 2018 Euronext raised its commitment to 50.6% of Oslo Børs VPS…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 13, 2019. The text below is an excerpt and does not contain the full analysis. Traditional Markets Of all the theories about why crypto is skyrocketing at the moment, there's one that I wanted…
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LMAX Digital, part of the LMAX Exchange Group, just announced that the volatility over the last few days has seen the exchange hit new highs of over $400m in daily volumes (or over $600m this weekend alone), with May set to surpass April (monthly volumes of $2.2 billion) as the best month for the exchange.…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 13, 2019. See details below: Forex Mixed early Monday session for the US Dollar, up against currencies perceived as riskier like the Euro or the Pound, but recording losses against traditional safe heavens like the Swiss Franc. This pattern can…
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Global equity markets took a beating on Monday morning, but Bitcoin just kept rising beyond all present expectations, crossing over $7,500 not once, but twice over the past few days. Analysts that had become “gun shy” after the Tether/Bitfinex scandal and the Binance exchange compromise are out in droves, raving about the resilience of Bitcoin…
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Liquidnet announced that it has acquired the marketplace and aggregator for institutional research RSRCHXchange. Liquidnet will now be able to deliver relevant insights directly to investment teams through the Liquidnet platform. The company has acquired OTAS Technologies back in 2017. Since then, it has focused on integrating AI-powered decision support and analytics into its institutional…
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FX liquidity provider and prime of prime brokerage CFH Clearing, part of the TradeTech Group, financial unit of Playtech PLC (LON:PTEC), just announced that it has added Turkish financial markets expert, Ayhan Gurcuoglu, to its team as VP International Sales. Ayhan Gurcuoglu joins the FCA regulated company with over 18 years’ experience in the industry. Prior…
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Mike Novogratz, a former Goldman Sachs banker, hedge fund manager, and now head of his own merchant bank, Galaxy Digital, is touting Bitcoin and all cryptos in general. He is now claiming that we could see a total recovery of BTC to its former glory of $20,000 in 18 months or less, or at least…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 13, 2019. AUD/USD Australian dollar, a proxy for Chinese economic prospects, hit a high of 0.7017 after news of a positive trade compromise surfaced, however closed under 0.7000. There is still significant caution in the markets…
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Australian regulator ASIC announced earlier today that 58 Australian finance services (AFS) licensees have now had their authorisation revoked. The reason is that the companies were in breach of the law because they were also authorised representatives of other AFS licensees. According to section 916D of the Corporations Act 2001 (the Act), an AFS licensee…
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