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.…
Read more
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…
Read more
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…
Read more
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…
Read more
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.
Read more
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.…
Read more
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…
Read more
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…
Read more
Based on the financial data as of 30 September 2022, the deal will provide HSBC Group with a pre-tax gain of $5.7 billion. HSBC Canada’s assets are valued at $94.6 billion. The company has 130 branches and 4,2200 employees. Noel Quinn, the CEO of HSBC Group, commented: I am pleased that we have reached an…
Read more
Daniel Muvdi, Quantfury’s Head of Markets, said: Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians. Quantfury highlighted that its fractional trading mode is available on…
Read more