The broker ended the month with client credit balance of $96.0 billion, including $2.4 billion in insured bank deposit sweeps. The number came in 10% higher than in November 2021 and 1% above the prior month. In addition, the client accounts on the platform increased 26% YoY and 1% MoM to 2.07 million in November…
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European Shares Stocks in Europe extended the uncertain trend registered overnight in Asia, drifting slightly lower, as investors brace for today’s highly awaited US job report. This week’s optimistic tone brought by Fed chairman, Jerome Powell’s, less aggressive stance as well as the prospect of an economic reopening in China, is being tempered on Friday…
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On yearly basis, however, last month’s ADV was 31% higher compared to November 2021. In November 2022, FXSpotStream’s overall volume stood at $1.48 trillion. The numbers were 2% up from the $1.45 trillion, recorded last October. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year.…
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Sarah Pritchard, Executive Director of Markets at the FCA said: We have set out the standards we expect CFD firms to demonstrate in order to protect consumers and ensure market integrity. CFD providers authorised in our regime must sell products appropriately, and when the new consumer duty comes into effect, will need to ensure that…
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Lian Jie, Assistant App Marketing Director at Vantage, commented: As our active investor profile gets younger, our clients have been more willing to explore and adopt innovative trading methods like social trading, going beyond traditional trading methods. At Vantage, we understand how technology and innovation can transcend boundaries, so we have utilised the power of…
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European Shares European markets continued to climb on Thursday, extending gains registered by Asian shares overnight, as investors continue to cheer on major narrative changes. Risk appetite stays on the rise this week after investors witnessed Fed chairman Jerome Powell confirm a slowdown in further rate hikes, and stating an economic “soft landing” was becoming…
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The platform registered average daily volume (ADV) of $41,876 during last month. The numbers rose almost 2% since the previous month, when it was $42,690. Compared to November 2021, the ADV went up by 18.6%. The monthly trading numbers were based on 22 trading days in November, compared to 21 in October.
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Vijay Mayadas, President of Capital Markets at Broadridge, said Jim Kwiatkowski is a proven leader with the right expertise to scale the LTX platform and drive it forward. Jim Toffey’s entrepreneurial vision has been instrumental in establishing LTX as a differentiated platform that enables dealers and their buy-side customers to connect and trade more efficiently.…
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Jeremy Deutsch, President, Asia-Pacific, Equinix, commented: Establishing a presence in Johor strengthens Equinix's leadership position in Asia-Pacific within a strategic market such as Malaysia, one of the most requested markets in Asia-Pacific by our global customers. I would like to express our gratitude to the Digital Investment Office (DIO), Invest Johor, and Tenaga Nasional Berhad (TNB) for…
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Traders will also be paying close attention to Jerome Powell’s speech later this Wednesday, which could provide clues over the pace of rate hiking by the Fed. Ricardo Evangelista – Senior Analyst, ActivTrades Brent oil prices rebounded during early Tuesday trading, gaining more than 4%, read more... Disclaimer: opinions are personal to the authors and…
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