On the technical side the end of the bearish symmetrical triangle is in sight without any clear signal yet as to where the price will head. The Stochastic oscillator is not showing any overbought or oversold levels while the cross of the 50 day moving average above the 100 day moving average gives some indications…
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February ADV increased 3.8% on monthly basis, compared to the $60.57 billion recorded the previous month. On yearly basis, however, last month’s ADV fell 0.4% compared to February 2022. Last month, FXSpotStream’s overall volume stood at $1.26 trillion. The numbers were 5.26% down from the $1.33 trillion, recorded in January 2023. The overall trading volume…
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Noel Quinn, the CEO of HSBC Group, commented: This acquisition makes excellent strategic sense for our business in the UK. It strengthens our commercial banking franchise and enhances our ability to serve innovative and fast-growing firms, including in the technology and life-science sectors, in the UK and internationally. The UK Financial Conduct Authority issued a…
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Additionally, the Cypriot regulator warned the public that the website www.ims-crypto.com is not connected to an entity registered with CySEC as Crypto Asset Service Provider. 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…
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Martin Price commented: The ambition of the management team, and the strategy they have set to grow the business, makes this an exciting time to join IG Group. IG’s track record of successful innovation to grow and diversify makes its equity story a particularly compelling proposition. I look forward to working with my new colleagues…
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The regulator stated in the official announcement: ASIC made the interim orders to protect retail investors from acquiring SYEP Derivatives where they may not be suitable for their financial objectives, situation or needs. ASIC is also concerned that the PDS is defective. According to ASIC, Interactive Brokers violated the regulations regarding TMD of SYEP Derivatives…
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Established in 2013 in London, Acuity leverages proprietary technology to extract and analyze rich sentiment data from global news sources, offering market insights. Its market signals rely on Machine Learning and Natural Language Processing technology. Acuity launched an R&D center in Barcelona, Spain in June last year. Acuity Trading, CEO Andrew Lane: Acuity works to…
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He added: I believe my experience will enable me to bring both short-term tactical advantages and long-term strategic benefits to our customers and partners. Ultimately, I want to help ATFX attain its global vision. ATFX noted that to meet customer demands, it will intensify its efforts to upgrade its platform technology, ensuring a more extensive…
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Portway's other industry experiences include his time at SEB's Singapore office as a Senior FX Dealer and at Scotiabank as the Director of FX Trading. Cal Portway said: I am really delighted to be joining Finalto and I am eagerly anticipating the opportunity to work alongside the talented team to propel the company's growth and…
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Tu posted: I'm happy to share that I'm starting a new position as Director of Sales & Relationship Management at oneZero Financial Systems. Before joining oneZero, he worked as a consultant with ConnextX and was also an Associate Director for Prime Brokerage Services at the Australian branch of Invast Global for three years. Earlier in…
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