June 16, 2021 BY Steffy Bogdanova

Weekly forex data: all eyes on the Fed

The 161.8% weekly Fibonacci extension area based on the US dollar’s gains in March last year remains the key technical reference. As of now, a clear push below this zone still looks unlikely. Conversely, a movement above the 50 SMA from Bands, which seems likely in the near future, probably won’t signal a reversal. Instead,…

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CAPEX.com secures $21 million in a new funding round
June 16, 2021 BY Steffy Bogdanova

CAPEX.com secures $21 million in a new funding round

CAPEX.com provides services across Europe, the Middle East, South Africa, Latin America, and South-East Asia and operates four trading licenses. With more than 2100 CFD trading instruments, the broker plans to expand the offering by including Direct Market Access instruments, DeFi and blockchain-based services. The broker received its first operating license in 2016 from CySEC.…

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ATFX
June 16, 2021 BY Steffy Bogdanova

ATFX adds over 50 Hong Kong share CFDs to its offering

Some of the companies whose chare CFDs will be available for trading include HSBC Holdings, Tencent Holdings, JD.com, and Alibaba Group Holdings among others. ATFX offers its clients competitive low spreads and fast execution services, and provides a client portal, protected by encryption security system. The company has offices around the globe with locations in…

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Acquisition
June 16, 2021 BY Steffy Bogdanova

CFD broker Fxview acquired by Finvasia Group

Sarvjeet Virk, Managing Director of Finvasia Group said: We’re delighted to add Fxview to our portfolio. Europe remains a key strategic priority for our business. Fxview’s acquisition gives us a significant presence in the European market, complementing our already well-established operations in United Kingdom. FINVASIA operates as a multi-disciplinary and multinational firm which is passionate…

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CFI announces basketball sponsorship in Jordan
June 15, 2021 BY Steffy Bogdanova

CFI announces basketball sponsorship in Jordan

The CEO of CFI Jordan, Loay Azar, commented: With this partnership, we would like to reinforce our successful presence in Jordan and solidify our bond with the country by supporting a successful local sport that has made all Jordanians proud as a result of the success of its national team which we will sponsor now.…

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Sucden Financial
June 15, 2021 BY Steffy Bogdanova

Sucden Financial announces a new STAR mobile trading app

Gavin Parker, Chief Operating Officer, Sucden Financial said: Over the last year we have made significant investments to enhance efficiencies and deliver innovative solutions for our clients. He continued: STAR is one of our many success stories – an innovative, user-friendly and reliable platform. I am delighted with its latest enhancement – the new trading…

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Gold-i promotes Mark Alvarez-Buylla to Director of Operations
June 15, 2021 BY Steffy Bogdanova

Gold-i promotes Mark Alvarez-Buylla to Director of Operations

Alvarez-Buylla joined the company in 2018 as Project Co-Ordinator. He has worked in the FinTech industry for more than six years in a variety of client services roles at Eze Software. He has played a significant role in developing and streamlining processes at Gold-i, in particular, improving the client onboarding process. In 2019, Alvarez-Buylla was…

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June 15, 2021 BY Steffy Bogdanova

HSBC accused of fraud and misconduct by ECU Group

Richard Lissack, QC and barrister for ECU Group, said of the allegations that: ECU’s case is that HSBC’s foreign exchange trading desk between 2004 and 2006 were rotten. Traders treated clients’ orders as an opportunity for self-enrichment. ECU is a former client of HSBC and also alleges that HSBC’s private bank, HBPB, would commonly carry…

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United Fintech adds six experts to its Advisory Board
June 15, 2021 BY Steffy Bogdanova

United Fintech reveals Advisory Board with six experts

Christian Frahm, Founder and CEO, United Fintech said: We have strengthened our exceptional team with an outstanding Advisory Board to provide further scrutiny and consultancy, particularly in terms of our strategic fintech acquisitions. Our Advisory Board comprises of world class leaders in their respective fields, including highly experienced and talented M&A experts and fintech leaders.…

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