Category: Forex

January 11, 2023 BY Steffy Bogdanova

FXCubic completes integration with Hybrid Solutions’ VertexFX Trader

Adel Jibrin, the CEO and Managing Partner at Hybrid Solutions said: We believe that the partnership between FXCubic and Hybrid Solutions is a valuable asset to both companies, especially in current market conditions, where traders are seeking more investment possibilities. Siding with FXCubic is an additional step towards achieving our strategic goal of offering our…

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January 11, 2023 BY Steffy Bogdanova

Julián Gay joins oneZero as EMEA Institutional Sales Director

Gay brings almost 19 years of experience in working for technology providers in the trading industry. Most recently, Gay served as Director of EMEA sales at smartTrade Technologies for a little over a year and a half. Prior to that, he spent more than 13 years with Integral Development Corp. He became Vice President of…

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January 11, 2023 BY Steffy Bogdanova

Daily market commentary: The dominating sentiment in the oil market is bearish

European Shares Stocks edged higher in Europe on Wednesday, extending gains registered by Asian benchmarks overnight, as bullish sentiment stays alive ahead of key macro data. Consumer cyclicals, real estate and energy shares led the way following the opening bell, while industrials and utilities registered slight losses on the old continent, as market sentiment remains…

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Saxo Bank

January 11, 2023 BY Steffy Bogdanova

Saxo Bank looking at Copenhagen IPO following failed SPAC acquisition

According to a source familiar with the matter, Saxo can also consider private share placement as shareholders Chinese automaker Geely (0175.HK) and Finnish insurer Sampo (SAMPO.HE) are looking to reduce their stakes. Fournais said that the company will keep “all options open” but the plan for now is to go public. The bank announced its…

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FXSpotStream's Alan Schwarz departs his position as CEO

January 11, 2023 BY Steffy Bogdanova

FXSpotStream co-founder Alan Schwarz steps down after 11 years

Schwarz said: I am very proud of what we have built as an internal team at FXSpotStream. I have learned a great deal during this decade plus journey and have been fortunate to watch as people at the company have grown personally and professionally. Schwarz’s career spans over 30 years. He co-founded FXSpotStream in August…

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Thomas Zeeb leaves SIX after 14 years

January 10, 2023 BY Steffy Bogdanova

Thomas Zeeb steps down from the Executive Board of SIX

SIX revealed Zeeb’s plans for the future involve the creation of “new business models to explore further opportunities to shape the capital markets industry of the future” but did not give further details. Jos Dijsselhof, CEO SIX: On behalf of the Board of Directors and the Executive Board of SIX, I would like to thank Thomas for…

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plus500 revenue

January 10, 2023 BY Steffy Bogdanova

Plus500 reports 2022 revenue of $832 million

In 2022, EBITDA of the London-listed broker grew to $454 million from $387.1 million. Additionally, the company’s balance sheet remained strong as the Group continued to hold no loans or debt. The cash balance reached more than $900, compared to $749.5 million at the end of December 2021. Plus500 stated: The Group delivered an excellent…

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January 10, 2023 BY Steffy Bogdanova

Daily market commentary: Gold prices are finding support due to the weakening of the US dollar

European Shares European markets opened mostly in the green on Tuesday, despite Asian shares closing mixed overnight, while US benchmarks also point to an uneven open. Risk appetite seems to have a taken a short-term break as many investors seek more clarity about how far central banks will go with their monetary tightening cycle. The…

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January 10, 2023 BY Steffy Bogdanova

Weekly data: Oil and Gold price action after positive news for the Dollar

In the previous week after some very positive news for the dollar like a decreased trade deficit on the balance of trade, lowered unemployment rate and better than expected NFP. This created some losses on the oil chart against a stronger dollar and is currently on the move to regain back those losses. On the…

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BMLL hites Liquidnet's Rob Laible as Head of Americas

January 10, 2023 BY Steffy Bogdanova

Rob Laible joins BMLL as Head of Americas

He has also held a variety of senior roles including Chief Operating Officer, and Global Head of Execution & Quantitative Services overseeing the development of Liquidnet’s suite of algos. Prior to Liquidnet, Laible worked for global organizations such as Macquarie Securities, Nomura, Lehman Brothers and ITG. Rob Laible, Head of Americas, BMLL, said: I am…

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