Category: Forex

May 08, 2023 BY Steffy Bogdanova

Tickmill opens a new Dubai office under DFSA Regulation

Dahrieh has served at Tickmill as Country Manager and Market Strategist for five years during which he has been working to expand the company’s brand presence in the region. The office represents a new milestone for the Group in the further expansion of Tickmill globally and in the MENA region, in particular. The new office…

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May 08, 2023 BY Steffy Bogdanova

Match-Trade Technologies integrates its trading platform with Centroid Bridge

Michael Karczewski, Chief Executive Officer at Match-Trade Technologies, said: We are delighted to have extended our collaboration with Match-Trade Technologies. As a connectivity provider, we are constantly looking to add integrations and options to our award-winning Bridge Engine, both in terms of liquidity providers with a wide range of products, and comprehensive trading platforms, that…

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Vantage secures an FSCA license in South Africa
May 05, 2023 BY Steffy Bogdanova

Vantage obtains FSCA license in South Africa

Marc Despallieres, Chief Strategy & Trading Officer, Vantage, said: We are thrilled to receive our FSCA license. We have had our sights on South Africa for some time, and we were determined to be able to provide traders with exceptional financial services and products while operating in compliance with the highest regulatory standards. The new…

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May 05, 2023 BY Steffy Bogdanova

BGC Partners releases Q1 results, reporting a small FX revenue growth

BGC Partners' profitability during the previous quarter was higher due to increased revenues and record quarterly productivity. Specifically, the brokerage company's pre-tax and post-tax adjusted earnings rose by 10.2% and 12.1%, respectively. Moreover, its earnings before interest, taxes, depreciation, and amortization also increased by 7% when compared to the same period in the previous year.…

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Daily Market Commentary
May 04, 2023 BY Steffy Bogdanova

Daily Report: EUR/USD to Push for Higher Timeframe Resistances?

EUR/USD Technical View The EUR/USD aggressively explored lower levels following the rate announcement. Leaving the underside of $1.11 unchallenged, downside pressure led H1 price action into a floor of bids around the $1.10 psychological figure. I am sure most would agree that the H1 chart is a bit of a mess; although we are rebounding…

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Saxo Bank
May 04, 2023 BY Steffy Bogdanova

Saxo Bank reports 34% drop in FX volume in April

The average daily volume (ADV) in forex instruments stood at $5.1 billion. The figure dropped 25% on monthly basis and 10.5% on yearly. The brokerage firm reported that demand in Equities also registered fell. The volume in April was $174.7 billion, 32.8% lower compared to March. However, on yearly basis, the asset class rose 3.3%.…

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