The following article was written by Ramy Abouzaid, Head of Market Research of ATFX (AE). The retail sales figures are a significant part of the economic data released by the US economy, and its release is one of the most influencing events in the market during the month. The importance of the retail sales report…
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The following article was submitted by Michael Stark, market analyst at Exness. The focus of economic data for forex markets this week is on GDP growth in the eurozone, Canada and the UK. American inflation and retail sales are also likely to have significant effects on markets in the second half of the week. Last…
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LeapRate Interview… Last year, UK FCA regulated global provider of FX and CFD brokerage services Tickmill announced that it has ended 2018 by posting significant growth as evidenced by remarkable increases in all financial metrics. The company also teamed up with the NOK Triathlon team last summer. Tickmill's UK CEO, Duncan Anderson joins LeapRate today to let…
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Multi-asset trading and investment firm Saxo Bank has announced earlier today that it has appointed Stig Christensen as its new Chief Sales Officer. Christensen is not new to Saxo, as he has served as Chief Human Resources Officer at the company since 2016. Kim Fournais, founder and CEO, commented on the news: We are very…
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Australia-based FX and CFD trading provider AxiCorp has earlier this week announced that it will acquire the UK-headquartered trading technology firm Star Financial System. The cash-based deal will include Star’s technology, staff, operations and licenses, but it does not necessarily represent a signal for radical change. AxiCorp’s CEO Rajes Yohannan noted in a statement that…
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Matt Long, Saxo Bank Hong Kong’s former CEO, has joined Asia’s digital asset platforms for professional investors OSL. Long will be in charge of OSL’s distribution activities, including institutional and white-label sales and its prime brokerage business, Bloomberg reported earlier this week. The list of bankers and investors from financial companies that have made the jump to…
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XOH Trader, the trading platform provided by X Open Hub, has just been updated. The regulated London based fintech company introduces new feedback-based trading features. Some of the newly added features include fingerprint and passcode unlocking methods, an option to edit positions from a chart, turning off weekend candles in chart settings, and more. The detailed list of changes…
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Singapore Exchange (SGX) keeps reporting record volumes, as international investors seek trading opportunities in Asia. The heightened activity is not that unexpected, as the FX industry moves toward the final stages of regulatory reforms for uncleared OTC derivatives. Interest in SGX’s suite of Asian currencies continues to grow, with record US$1.3 trillion changing hands in…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 7, 2020. Burberry sent a chilling warning to investors this morning in an unplanned announcement which revealed the impact the coronavirus is having on the ground in China. The group said the outbreak of the coronavirus…
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Software investor Hg just announced that it plans to acquire stakes from Keensight Capital and Pléiade Venture in multi-asset electronic trading solutions company smartTrade Technologies. smartTrade’s liquidity management solutions enable financial institutions to develop and run high-performance trading platforms throughout the world. David Vincent, CEO & co-Founder, as well as the smartTrade management team will remain…
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