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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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,…
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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…
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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.…
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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…
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Christen Harvey, VP Strategic Partnerships of TT, said: Our alliance with Bantix is the latest strategic partnership we've forged with a best-in-breed provider of technology that improves our clients' trading experience, allowing us to enhance the TT ecosystem with battle-tested tools that would have taken years to develop ourselves. In the first phase of integration,…
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The recent buyback program started after completing another $60.2 million buyback program in November. The Israeli-based broker said in the official statement: The purpose of this Share Buyback Programme is to further highlight the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the…
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He posted on his LinkedIn profile: I’m happy to share that I’m starting a new position as Head of eFX at ADM Investor Services! Brooks spent 14 years with Sucden Financial after joining in 2009 as Head of Institutional Equities. After a year, he was named Head of eFX Coverage in 2010, and then moved…
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Mohamed Al Ahmad, Co-Founder & Chief Managing Director of Equiti Group, added: The UAE, with its capital Abu Dhabi, has a very strong economy and a solid financial infrastructure. This will allow us to attract more international investors to the capital. We are aware of how discerning and astute the investors in Abu Dhabi are.…
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Meanwhile, Aguilera has taken on the role of Director for the Middle East, Italy, Greece, and the Iberia region. His role as Broadridge's Director for the Iberia region, Italy, Greece, and the Middle East focuses on increasing awareness of the company's global capabilities, driving new business, and expanding the client base in the region. Aguilera…
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