Category: Forex

March 08, 2023 BY Steffy Bogdanova

Grupo Bursátil Mexicano taps Integral for SaaS FX technology solution in Latin America

Carla Merino Olivera, Head of Fixed Income/Sales at GBM, said: The implementation of Integral’s SaaS technology enables us to better support our expanding client base, minimizing operational and market risk, all the while reducing our internal costs. With added touches, such as dedicated local Spanish-speaking team, Integral is a natural fit to support our growth…

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Nomura
March 08, 2023 BY Steffy Bogdanova

Nomura finalizes transfer of Thai business

These operations are essential components of Nomura's core Wholesale activities, which represent the primary emphasis of the company's international operations. Nomura maintains its dedication to serving its institutional, corporate, and high-net-worth customers in Thailand. Kenji Teshima, Representative Director, Nomura Asia Pacific Holdings, said when the deal was initially revealed on 30 June 2022: We are…

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March 07, 2023 BY Steffy Bogdanova

Weekly data: Oil and Gold price action before NFP

On the technical side the price has recently broken above the resistances of the 38.2% of the daily Fibonacci retracement level, the 50 and 100 moving averages as well as the bearish symmetrical triangle formation that was in effect since mid November 2022. This major correction to the upside was somewhat “paused” (at the time…

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March 07, 2023 BY Steffy Bogdanova

Advanced Markets integrates with FXCubic

This partnership will allow FXCubic  to leverage its expertise, to offer even more comprehensive solutions to the clients of Advanced Markets Group. Advanced Markets CEO Anthony Brocco commented: We are excited to announce our new integration with FXCubic, which will enable us to expand our global reach and provide institutional clients with access to an…

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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…

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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…

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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…

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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…

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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…

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