Former UBS AM head Christoph Kruecken joins Bedford Row Capital to lead Business Development and Distribution
June 22, 2021 BY Steffy Bogdanova

Equiniti names Andrew Peeler as Chief Financial Officer

John Stier will step down from his current positions are CFO and director, however, he will remain with the business for a period to make sure the handover is smooth. Philip Yea, Chairman, commented: I should like to thank John for his unwavering commitment over his time with the Company, and particularly his support over…

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Fxview establishes subsidiary based in St Vincent & Grenadines
June 22, 2021 BY Steffy Bogdanova

Fxview establishes Subsidiary based in St Vincent & Grenadines

Virk commented: The offshore entity is a key milestone for Fxview. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support. Fxview is a brand in its own right and is both operated and…

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daily market analysis
June 22, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar is trading flat

GOLD Gold’s bearish price action since the beginning of the month is slowing down as the price loses more and more directionality. The market is consolidating between $1,770 and $1,800 following last week’s sell-off as investors struggle to get more clarity on the near-term outlook for gold. The bearish pressure is likely to remain as…

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June 22, 2021 BY Steffy Bogdanova

Weekly forex data: BoE to be watched after hawkish Fed

Price seems to have broken through the 61.8% area of the weekly Fibonacci fan with two daily closes in succession above this area. Moving averages still give a sell signal, but the value area between the 100 and 200 SMAs has shrunk considerably. Movement above this area might signal more gains to come for the…

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Whistleblower
June 22, 2021 BY Steffy Bogdanova

Whistleblower receives over $5.3 million from SEC

Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower, said: These whistleblowers provided critical information that alerted Commission staff of the violations. Their information and continuing assistance played a key role in the successful resolution of the actions. So far, the agency has awarded over $937 million to a total of 178 individuals…

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Admirals
June 22, 2021 BY Steffy Bogdanova

Admirals open a regulated subsidiary in Jordan

Sergei Bogatenkov, the CEO of Admiral Markets AS, commented: The Middle East and North Africa region is home to 600 million people, which means a great potential for us to grow our customer base and gain a larger market share, while looking to provide the opportunity for people in the region to experience the joys…

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June 21, 2021 BY Steffy Bogdanova

Deutsche Bank and Fiserv reveal joint venture for payments acceptance in Germany

Deutsche Bank and Fiserv plan to bring multiple payment solutions together, complementing Deutsche Bank’s banking offering. It will ultimately save merchants from having to enter into multiple contracts with a variety of payment providers. Stefan Hoops, Head of Corporate Bank at Deutsche Bank, said: By combining Fiserv payment solutions with our banking products, we will…

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