Category: Forex

April 26, 2023 BY Steffy Bogdanova

Liquidnet and TP ICAP Midcap to provide block liquidity in European SMEs

Liquidnet's recent partnership aligns with their objective of resolving intricate liquidity and execution challenges encountered by their members. Chris Jackson, Global Head of Equity Strategy and Head of EMEA Equities at Liquidnet said: Finding block liquidity in small and mid-cap names remains a challenge for most asset managers. It’s a challenge that often goes beyond…

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Nomura
April 26, 2023 BY Steffy Bogdanova

Nomura ends the financial year with net revenue down 2%

Kentaro Okuda, Nomura President and Group CEO, said:  We reported net revenue of 1,335.6 billion yen and net income of 92.8 billion yen for the full year, both representing a year on year decline amid volatile markets due to heightened geopolitical risks, inflation and central bank monetary policy tightening. Q4 results The Japanese company saw…

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April 26, 2023 BY Steffy Bogdanova

Equiti Capital UK appoints Liam Conway as chief executive officer

Conway has been with Equiti Capital UK since 2018 when he joined the company as the Chief Financial Officer (CFO). In December 2021, he became Deputy Group CFO for the global Equiti Group. The company highlighted that while in that role, he has led initiatives and drove improvements in operational efficiencies that resulted in substantial…

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April 25, 2023 BY Steffy Bogdanova

Weekly data: EURUSD & Gold price action before GDP data

On the technical side the price on the fiber chart has found resistance on the upper band of the Bollinger bands and has since corrected to the downside.  The 50 SMA has crossed above the 100 SMA indicating the bull movement is still strong while the Stochastic oscillator is not indicating any overbought or oversold…

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April 25, 2023 BY Steffy Bogdanova

HYCM: Will this be an Earnings Season to Remember?

Meanwhile, Citigroup Inc., which also reported earnings on April 14, announced Q1 earnings of $1.86 per share, beating the broader market’s expectation of $1.66. Citigroup’s revenues also surprised to the upside, coming in at $21.44 billion for Q1 to analyst estimates of $17.91 billion. This represents a 12% improvement over last year’s figures. Both stocks…

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April 25, 2023 BY Steffy Bogdanova

BDSwiss hires Mazen Salhab as chief market strategist for MENA

With a decade and a half of working in the finance industry, Salhab has held positions such as Fund Manager, Investment Advisor and Sales Trader. Over the past year, his focus has been on global market’s advisory, investment management, macro trends, forex and crypto market family offices, private markets, PE advisory and alternative investments. Abdulghani…

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April 25, 2023 BY Steffy Bogdanova

Despina Iapona joins XS.com as global head of PR and branding

Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com, commented: Despina’s extensive experience and expertise in PR and branding will be invaluable as we continue to build our brand, engage with our traders and partners, and accelerate our growth. Effective branding and PR will help us to continue to expand XS.com by attracting new investors,…

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April 24, 2023 BY Steffy Bogdanova

CySEC adds eight unregulated firms to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in March, CySEC added seven more companies to its warning list.

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Credit Suisse
April 24, 2023 BY Steffy Bogdanova

Credit Suisse reports CHF 1.3 billion losses in Q1

The bank’s adjusted net revenue stood at CHF 2.8 billion, registering a 40% decline compared to the first quarter in 2022. The adjusted pre-tax loss came in at CHF 1.3 billion for Q1, increasing by CHF 300 million compared to the previous quarter. The official announcement detailed that significant deposit and net asset outflows impacted…

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