S&P 500 Recent movement on the S&P 500 has largely been one sided since the index journeyed above weekly trendline resistance last week, taken from the high at 4,818. Up 2.7% on the week, the next level of resistance to perhaps throw a spanner in the works is Quasimodo resistance on the weekly scale at…
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According to the official figures, the quarterly revenue reached $293.0 million, up by 5.8% on yearly basis. The average daily volume for the last three months of the year came in at $1.1 trillion, falling 4.1% YoY. Net income for the quarter jumped by 65% to $99 million. The uptick was attributed to lower tax…
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The broker ended the month with client credit balance of $99.8 billion, including $2.4 billion in insured bank deposit sweeps. The client credit balance came in 12% higher than in January 2022 and 5% above the prior month. However, client accounts on the platform increased 23% YoY and 2% MoM to 2.13 million in January…
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Net profit for the period stood at PLN 50 million, suffering 27% fall YoY and 78.8% drop QoQ. However, the full year results were positive for the broker. The revenue for 2023 reached PLN 1.444 billion, skyrocketing 130.9% from the previous year. Net profit jumped 222% to PLN 765.7 million Active clients The numbers of…
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On yearly basis, however, last month’s ADV jumped 14.3% compared to January 2022. In January 2023, FXSpotStream’s overall volume stood at $1.33 trillion. The numbers were 4.7% up from the $1.27 trillion, recorded in December 2022. The overall trading volume of the firm has surpassed $1 trillion for every month of 2022 and it is…
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Invast Global institutional clients ten Soft Commodities which include Corn, Soybean, Wheat, Copper, Coffee Robusta, Coffee Arabica, US Heating Oil, Cocoa, Sugar and Cotton. They can be accessed via trading servers in New York (NY4), London (LD4) and Tokyo (TY3). According to the official announcement, speed of pricing and quality of execution are a key…
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The Match-Trader platform, developed by platform provider Match-Trade Technologies, was launched in 2019. Match-Trade Technologies’ CEO, Michał Karczewski, said: I am extremely proud of our entire team seeing how the platform we have been developing over the years gains the interest of the largest players on the forex technology market. Match-Trader is a universal platform;…
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Ibrahim has held a range of positions with different financial institutions throughout his career. He started in 2010 as Business Development Manager in FXCM. He has also previously served as Head of Global Sales and Business Development at Ikon Multibank Financial Group and a Business Development Advisor at Commanine. Additionally, Ibrahim worked as director at…
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The chart itself definitely suggests that the euro has reached a plateau and might decline in the near future. Momentum to the upside has been low since the middle of January and the price has hovered in overbought for weeks while volume and ATR have both dropped significantly. Based on TA alone, one might expect…
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Raj Sitlani, who was Managing Director of iSAM Securities, commented: Jonathan and I achieved what we set out to do - to create an outstanding, highly professional, technology driven company - and we are very proud of what we have achieved. We would like to thank iSAM, our employees and our clients for their incredible…
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