Category: Forex

Hargreaves Lansdown hires Dan Olley as CEO
December 08, 2022 BY Steffy Bogdanova

Dan Olley becomes the new CEO of Hargreaves Lansdown

Olly has served as pendent non-executive director at Hargreaves Lansdown (HL) since June 2019. Prior to becoming CEO of Dunnhumby, he worked at analytics company RELX for 17 years. While there, he held a number of senior digital roles and helped drive its digital transformation. Chair Deanna Oppenheimer said: Having worked with Dan in a…

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December 08, 2022 BY Steffy Bogdanova

CySEC adds another 5 unregulated brokers to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in September, CySEC added five companies to its warning list.

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December 07, 2022 BY Steffy Bogdanova

FCA bans three former Mizuho bond traders for market abuse

According to the official announcement, Urra, Gonzalez and Sheth placed small orders which they did planned to execute on the opposite side of the order book around the same time. The FCA stated: The FCA considers that the individuals repeated this pattern of deliberate and intentional market manipulation on a number of occasions and were…

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December 07, 2022 BY Steffy Bogdanova

Swissquote secures CySEC license

Swissquote Group is already authorized to operate in Switzerland, the UK, Dubai, Hong Kong, Malta, Singapore and Luxemburg. Now to its list of licenses, the company has added Cyprus Investment Firm (CIF) license which will allow the broker to offer trading services across the European Economic Area (EEA). Meanwhile, launched its own crypto exchange SQX…

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Daily Market Commentary
December 07, 2022 BY Steffy Bogdanova

Daily market commentary: The uncertainty brought by the latest batch of EU sanctions on Russia is impacting market sentiment this week

European Shares Shares opened on a mixed tone in Europe on Wednesday, following a bearish Asian trading session. While US futures also point to a weaker open as investors digest an uneven macro picture. The uncertainty brought by the latest batch of EU sanctions placed towards Russia is significantly impacting market sentiment this week, especially…

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Saxo Bank
December 07, 2022 BY Steffy Bogdanova

Saxo Bank drops plans for public listing, terminates SPAC deal

With the now failed merger, the broker initially aimed to diversify its shareholder base, as well as accelerate its growth strategy. Saxo’s SPAC partner, DCAC is now considering other option. The company stated: DCAC is contemplating its options, taking into account its business combination deadline of 11 January 2023, subject to potential extension. Saxo is…

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Devexperts’ DXtrade integrates with Your Bourse for liquidity provision
December 07, 2022 BY Steffy Bogdanova

Devexperts partners with Your Bourse, DXtrade gains access to 30+ major banks and Tier 2 liquidity providers

Written in C++, Your Bourse is an ultra-low latency platform hosted in Equinix data centers (LD4, LD5, NY4, NY5, CH1, HK1, TY3, FR2), CME Aurora (DC3), Interxion London (Lon1), Singapore (SGX). Furthermore, integration with Your Bourse also provides advanced A/B-book routing and dynamic routing based on margins that a broker uses with each liquidity provider.…

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Tradeweb
December 06, 2022 BY Steffy Bogdanova

Tradeweb’s November trading volume reaches $23.2 trillion

Tradeweb Markets also announced a share repurchase program, which was approved by its board of directors. The broker authorized the repurchase of $300 million in shares of its Class A common stock. The official announcement further detailed that the program has no termination date and can be discontinued at any time. Sara Furber, Chief Financial…

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