Category: Forex

November 08, 2022 BY Steffy Bogdanova

Daily market commentary: the US dollar regains some momentum in relation to other major currencies

European Shares Shares drifted moderately lower in Europe on Tuesday, alongside US Futures and following a mixed Asian trading session. Market sentiment remains uncertain this week as traders brace for another batch of macro developments such as today’s US mid-term elections and EIA Short-term Energy Outlook, while the crucial CPI report looms on Thursday. In…

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November 08, 2022 BY Steffy Bogdanova

ThinkMarkets CFO Harshad Kale steps down

Earlier this year, ThinkMarkets entered the Japanese market with the launch of its mobile app ThinkTrader, following the acquisition of a Japanese financial services entity which provided the brokerage with a license to operate in Japan. According to his LinkedIn profile, Kale joined Cavendish Renewable Technology, an Australian renewable energy company, producing “green hydrogen”, as…

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plus500 revenue
November 07, 2022 BY Steffy Bogdanova

Plus500 launches +Insights on its OTC platform

David Zruia, Chief Executive Officer, commented: We are very excited about the launch of '+Insights', which is the latest realisation of our strategy for Plus500 to further develop our position as a global multi-asset fintech group, offering our international customer base a diverse range of products and ensuring we continue to provide them with a…

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November 07, 2022 BY Steffy Bogdanova

VT Markets adds 7 new bond CFDs to trade offering

According to the official announcement, VT Markets’ clients will be able to trade new bond CFDs at competitive rates on the VT Markets mobile app and its trading platforms. John Georgiou, Director of Business at VT Markets, commented: Bond CFDs are the perfect addition to any trader's portfolio, as they can speculate the price movements…

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November 04, 2022 BY Steffy Bogdanova

CySEC adds 5 more unregulated firms 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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Robinhood
November 03, 2022 BY Steffy Bogdanova

Robinhood sees total net revenue of $361 million in Q3

Options trading brought in $124 million revenue, gaining 10% to previous quarter. Cryptocurrency trading decreased 12% QoQ to $51 million and equities trading increased 7% QoQ to $31 million. Vlad Tenev, CEO and Co-Founder of Robinhood Markets, said: In the third quarter we achieved our goal of reaching adjusted EBITDA profitability, a quarter earlier than…

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