Category: Forex

March 07, 2023 BY Steffy Bogdanova

MetaTrader 4 and 5 return to the Apple AppStore

The trading apps were suddenly de-listed from the online mobile store in September last year but the reasons for the removal were not disclosed. However, there were speculations that Apple was concerned that offshore fraudsters were making use of the MT4 and MT5 apps. MetaQuotes announced that the matter has now been resolved and the…

Read more
March 06, 2023 BY Steffy Bogdanova

NinjaTrader Group launches new web and mobile apps

NinjaTrader Group CEO Martin Franchi said: The entire team at NinjaTrader has been hard at work implementing cloud-based technology that delivers an entirely new trading experience to the active retail trading community. Our customers can now seamlessly trade across any device from any location and access a host of new features and trading tools. We’ve…

Read more
Hong Kong regulator SFC
March 06, 2023 BY Steffy Bogdanova

SFC bans former Citigroup Global Markets Asia officer for 10 years

When a trader told a client that CGMAL advertised facilitation flow using "Natural" IOIs, Shaw instructed the trader to deceive clients about the source of liquidity behind such IOIs. Furthermore, he misrepresented the client to maintain the falsehood created by the mislabeled IOI. Since at least 2015, Shaw has provided inaccurate information to clients or…

Read more
Saxo Bank
March 03, 2023 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 4% MoM in February

The average daily volume (ADV) in forex instruments stood at $5.5 billion. The figure grew 5.8% on monthly basis but was 1.8% lower than the previous year, The brokerage firm reported that demand in Equities also fell. The volume in February was $208 billion, falling 5.3% compared to January. On yearly basis, the asset class…

Read more
Market Analysis
March 02, 2023 BY Steffy Bogdanova

Technical Analysis: Crude oil rebounds higher this week

Gold The performance of Gold is mostly associated with the strength of the US dollar and yields of long-term bonds in both the US and other major economies. Strong labor market in January and stronger than expected CPI print had boosted the US dollar as bond yields started to grow again. That pressured Gold, driving…

Read more
March 02, 2023 BY Steffy Bogdanova

Brokeree Solutions’ flagship Liquidity Bridge integrates with Match-Prime Liquidity

With the latest integration, traders using MetaTrader4 and 5 trading platforms can simultaneously access Liquidity Bridge and Match-Prime. The official announcement pointed out the personalised approach that the direct integration allows by ensuring easy access to major trading pairs and efficient execution of trades under personalised conditions. Stavros Economides, Chief Operating Officer at Match-Prime Liquidity,…

Read more
Interactive Brokers
March 02, 2023 BY Steffy Bogdanova

Interactive Brokers sees 15%YoY fall in DARTS in February

The broker ended the month with client credit balance of $97.9 billion, including $2.5 billion in insured bank deposit sweeps. The client credit balance came in 10% higher than in February 2022 and 2% below the prior month. However, client accounts on the platform increased 22% YoY and 2% MoM to 2.16 million in February…

Read more
Admirals
March 01, 2023 BY Steffy Bogdanova

Admirals sees €69 million revenue in 2022

Admirals onboarded 16,113 new clients in 2022, which is a 16% decline from the previous year due to the pandemic's effects. However, the number of active clients strengthened by 13% to 55,242. The average amount of trades executed by each client was 1,068, and the net trading income per client increased by 72% to €1,249.…

Read more
March 01, 2023 BY Steffy Bogdanova

GCEX appoints Sue Cheung as Head of APAC Sales

Lars Holst, Founder & CEO, GCEX commented: There are significant opportunities for GCEX across the APAC region and, from my experience of working with Sue at CFH, I know she has the expertise, regional knowledge and contacts to help us to build a strong presence in the region. This is our first senior hire in…

Read more