GOLD Gold extended its loss and tested the key support zone of $1,675. This level generated a small rebound, pulling the price up to $1,685. The main trend remains bearish and a clear break down of the support at $1,675 could open space for further declines while only a recovery to $1,750 would reverse the…
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Reports have found that an average of 13.8K contracts in CME Bitcoin futures, which are equivalent to around 69K bitcoin, have been traded on a daily basis as of March 2021. Additionally, the recently launched CME Ether futures has witnessed trades of 767 contracts (the equivalent of 38.4K ether) on average per day since it…
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ZuluTrade platform establishes rankings of Traders’ performance, making it easier for customers to identify Traders to follow and invest with. The platform also features the current ‘Rising Stars’ with Traders who have had recent successes and are closing in on their all-time-highs. For their trading strategy, customers of the platform can also follow dynamic combinations…
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mPASS is aimed at automated categorisation, suitability and appropriateness checks. This module provides instant clearances on whether Financial Institutions can onboard or keep a client in any country / for any financial service and financial instrument. The clearing process takes under three minutes after which clients are ready to be onboarded. mCHECK deals with relevant…
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On the other hand, OANDA combines trading technology and institutional-grade execution across a wide range of asset classes. It enables its clients to trade global market indices, commodities, treasuries, precious metals and currencies. Artur Haze, Managing Partner of ForeVest Capital said: I am convinced that TMS, with its strong position in Poland and a deep…
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GOLD The financial environment has once again proven detrimental for gold as a mix of bearish ingredients have pulled the price down to $1,700. Indeed, the combination of a strong US dollar and expectation for rising yields, in conjunction with Joe Biden’s optimism on the vaccine rollout, have caused bullion to fall again with investors…
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Tyler Moeller commented: As the markets go through greater change and customers demand more than ever before, I’m excited to collaborate with Michael and extend our legacy of innovation. I’m thrilled to continue to lead our ever-evolving efforts to address the industry’s most complex challenges, centered around data and analytics, sophisticated algorithms, workflow automation, and…
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In the official announcement, the Board of Directors and Executive Board of SIX expressed their gratitude to Keller-Busse for her commitment in creating a strong financial market infrastructure in Switzerland. The announcement also noted that Andy Kollegger was nominated as her successor and as UBS’s representative on the Board. The BoD is set to propose…
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From a technical perspective, oil’s uptrend since last summer is clearly still active for now. Brent has failed to break below the 50 SMA from Bands, and there is currently no indication of overbought from either Bollinger Bands (50, 0, 2) or the slow stochastic (15, 5, 5). The key area on this chart for…
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Jack Forestell, executive vice president and chief product officer, Visa, commented: Crypto-native fintechs want partners who understand their business and the complexities of digital currency form factors. The announcement today marks a major milestone in our ability to address the needs of fintechs managing their business in a stablecoin or cryptocurrency, and it’s really an…
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