Category: Forex

Alpha FX Group hires Tim Powell
October 19, 2022 BY Steffy Bogdanova

Alpha FX Group appoints Tim Powell as Chief Financial Officer

Prior to joining the London Stock Exchange Group in 2005, Powell started his career at CLB Littlejohn Frazer and British Telecom Group. Morgan Tillbrook, CEO commented: Tim Powell's appointment followed a meticulous selection process, and the advance notice of Tim Kidd's retirement gave us the opportunity to cast the net far and wide and conduct…

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Interactive Brokers
October 19, 2022 BY Steffy Bogdanova

Interactive Brokers registers 70% increase in revenue in Q3

Between July and September, pre-tax income came in at $523 million, with the adjusted figure at $580million. These numbers were up from the figures of the third quarter the previous year – $234million and $420million, respectively. During the third quarter, other income came down to $48 million from $170 million. This figure was improved by…

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October 18, 2022 BY Steffy Bogdanova

Devexperts adds spread betting to DXtrade trading platform

Full apps control for brokers Furthermore, DXtrade offers brokers brand recognition and total control of their mobile applications. All frontends are branded with the customer’s logo and the mobile apps launched on app stores with a unique link for each broker. DXtrade is connected with several of the most popular liquidity providers and hubs, including…

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Daily Market Commentary
October 18, 2022 BY Steffy Bogdanova

Daily market commentary: Sterling bounced back against the dollar

European Shares Most EU benchmarks held their gains on Tuesday, extending the bullish sentiment confirmed overnight in Asia, as the rebound continues. Investors keep pushing stock indices higher following the rebound over the annual lows at the end of last week, and growing risk appetite can now be seen across different asset classes such as…

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CLS
October 17, 2022 BY Steffy Bogdanova

CLS Group registers over $2 trillion in FX ADV in September

The Group’s forex market offering is split into three main categories: forward, swap and spot. According to the official announcement, the demand in all three has increased in September. FX swaps was the instrument with the most absolute trading volume, generating an ADV of $1.36 trillion for the period, rising 10.7% from previous month’s 1.23…

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October 17, 2022 BY Steffy Bogdanova

Hargreaves Lansdown CEO Chris Hill to step down

A financial industry veteran, Hill spent thirty years in different companies in executive roles. Prior to Hargreaves Lansdown, he served as CFO at IG Group and he has also worked at Travelex as Group Financial Controller and as CFO. Hill commented: I have been privileged to lead the Company over the last six years through…

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Reduced retail sales curbs the pound
October 17, 2022 BY Steffy Bogdanova

Daily market commentary: The pound is starting the week on the front foot

European Shares European markets climbed on Monday, alongside US futures, trimming some of last week’s losses as market sentiment strengthens. Utilities and energy shares are leading benchmarks higher this morning while the FTSE-100 index brings one of the best performances of the old continent, as investors cheered the reversal of previously announced unfunded tax cuts…

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