Category: Forex

February 01, 2023 BY Steffy Bogdanova

B2Broker expands white label offering with Match-Trader

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;…

Read more
February 01, 2023 BY Steffy Bogdanova

XS.com appoints Mohamad Ibrahim as Group CEO

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…

Read more
February 01, 2023 BY Steffy Bogdanova

Midweek data: big week of central banks and the NFP

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…

Read more
Weekly data: Oil and Gold price action before the NFP
January 31, 2023 BY Steffy Bogdanova

Daily market commentary: Gold prices are feeling the squeeze caused by a strengthening dollar

European Shares EU shares continued to drift on Tuesday, following another volatile session in Asia, as traders await this week’s central bank meetings. Most benchmarks traded lower in Europe, with all sectors moderately down, as investors weighed the latest patchy macro data from France and Germany, the two biggest economies of the Eurozone. In addition…

Read more
January 31, 2023 BY Steffy Bogdanova

CMC Invest to launch in Singapore

According to the official announcement, the launch is expected for the end of the first quarter of 2023. CMC Invest will offer zero commission and real-time pricing in selected markets, including Singapore, the US, and Australia. The company has already recived similar licences in the UK and Australia. Christopher Forbes, head of CMSI, said: The…

Read more
January 31, 2023 BY Steffy Bogdanova

Eightcap appoints Alex Howard as Chief Executive Officer

Murphy commented: Alex is an outstanding choice, bringing over a decade of experience in financial services, a deep knowledge of the derivatives industry and a proven track record of success in leadership roles. He was chosen after an extensive and extremely competitive selection process.” Murphy noted that since establishing Eightcap in 2009, the company has…

Read more
Monex Group
January 30, 2023 BY Steffy Bogdanova

Monex Group operating income, falls 18% in Q3 FY23, reports net loss in TradeStation and crypto business

The basic earnings per share year-to-date also fell significantly to ¥7.27 from ¥48.19 reported for the same period in 2021. Three major segments contribute to the business performance of the group - the Japanese segment, the US segment (TradeStation), and the crypto assets segment. The Japanese business of the group provides stable profits and TradeStation…

Read more
European stock market experiences positive change
January 30, 2023 BY Steffy Bogdanova

Daily market commentary: Stock indices fell as traders brace for a busy week on the macro front

European Shares Stock indices fell shortly after the opening bell in Europe on Monday, extending losses registered overnight in Asia, as traders brace for a busy week on the macro front. Real estate and tech shares registered the worst performances and drove most benchmarks lower, in potential profit-taking moves following last week’s rally and ahead…

Read more