OIL Investors are still buying every dip in the price of oil. Both major benchmarks, WTI and Brent, are in a clear bullish trend, as investors are betting on a fast economic recovery once the vaccine allows restrictions to ease. Furthermore, any news on more fiscal or monetary stimulus will generate fresh optimism and trigger…
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The new Institutional Hub makes it possible for clients to easily refine all trading criteria with advanced price formation, customised distribution, systematic hedging, aggregation and risk management. Utilising such comprehensive price formation capabilities alongside data from Insights means that banks and institutional brokers can thoroughly evaluate their liquidity provider performance and client trading trends. A…
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Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020. With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…
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Laura M Cha, HKEX Chairman, said: We are delighted to announce the appointment of Mr Aguzin as the new Chief Executive of HKEX. He brings with him a wealth of international and regional experience in capital markets and financial services, including extensive knowledge of Mainland China, having served as chief executive for JP Morgan in…
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StoneX completed the acquisition of Gain Capital in August 2020 in a $36 million deal. To execute its plan for the merger of GAIN’s UK operations, the company preparing to mitigate its exposure to the British Pound in the Gain subsidiaries. As part of its strategy, StoneX increased the US dollar balances in the Gain…
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Fischman noted that the firm’s compliance and technology teams considered several trade surveillance solutions and conducted multiple demos with each one before choosing Eventus. He stated that First New York executes hundreds of thousands of transactions annually, and the way Validus can be trained through its machine learning capability really stood out among others, with…
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From a technical perspective, the uptrend still seems to be active on this timeframe: there has been no clear breach of the 100 SMA. However, price has now moved out of oversold based on both Bollinger Bands (50, 0, 2) and the slow stochastic (15, 5, 5), so more losses this week might be expected…
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Husam Al Kurdi, Chief Executive Officer at SquaredFinancial commented: We have put in place one of the strongest management teams of any brokerage firm in our sector. It is through the quality of our all our employees that we will continue to build and expand the business. Ali brings a depth of market knowledge and…
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GOLD Gold is edging closer to the first resistance level at $1,850, thanks to a weakening dollar. A clear climb above this threshold could open space for further recoveries, but so far the general risk on mood on stock markets is pushing investors to buy riskier assets, hoping for quicker profits. Despite some signs of…
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The partnership agreement will also see CMC Markets sponsoring new initiative that will help power the latest game data, stats and player insights for the Blues loyal fanbase. Smith added: Via our world class trading platform, we bring the latest market data and technology to our clients so comparably we’re really excited to help bring…
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