Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 8, 2019. Highlights include: Stocks Rally Off Lows: Stocks are recovering from a dismal Q4 as the U.S. and China make progress on a trade deal and the Fed signals that they’re less likely…
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After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. November activity, however, was down 10% MoM, dropping at $207 billion and continued plunging in December with 7% MoM. December volumes at GAIN Capital, which…
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Cristian Vlasceanu and Ashraf Ebid team up to lead disruptive innovation in Fintech LeapRate Exclusive... Finstek Ltd, the software development and services arm of GMI Group, has just announced that Cristian Vlasceanu joined Finstek as CEO in mid-December. Under Vlasceanu’s lead, Finstek has opened a new headquarters in Limassol, Cyprus, further expanding its global presence.…
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TIO Markets, the FX trading arm of crypto exchange trade.io, has just informed that it has teamed up with IS Risk Analytics (ISRA), part of the ISAM Capital Markets group, to offer FX/CFD solutions. IS Risk Analytics has been selected by TIO Markets for its NY4/LD4 hosting, proprietary bridge and risk management services. Mike Sideras, Director,…
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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 Ravenstone Corporate Partners. Ravenstone Corporate Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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If you follow cryptocurrency news, then you may have tuned out the continuing saga of massive hacks of crypto exchanges. Estimates of the total hacking losses of crypto exchanges in 2018 are conservatively pegged in excess of $1 billion. Since there are no insurance plans of national compensation programs, investors are the ultimate victims, having…
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Trading solutions provider Spotware has just announced the release of cTrader Open API 2.0, the new Open API of its flagship Forex and CFD trading platform, cTrader. cTrader Open API v2.0 is the successor of cTrader Connect API v1.0 and will run in parallel with the previous version until v1.0 becomes deprecated. Open API enables third-party…
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Coin Futures and Lending Exchange, or CoinFLEX for short, has announced that it will be offering futures contracts as soon as next month to the Asian market. The new contracts for Bitcoin, Bitcoin Cash and Ethereum will provide possible leverage of up to 20 times. All futures traded on the exchange will be physically-delivered. Such…
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The Cyprus Securities and Exchange Commission (CySEC) has announced that, on 1st December 2018, the Company Providing Administrative Services TCSL Troodos Corporate Services Ltd (the ‘Company’), waived its authorisation pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorisation…
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British multinational electricity and gas utility company National Grid plc (LON:NG) has just announced that it has reached a satisfactory agreement over employment terms & conditions with two unions representing workers of the company's Massachusetts Gas business. National Grid plc is headquartered in Warwick, United Kingdom. Its principal activities are in the United Kingdom and Northeastern…
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