United Fintech hires former CME Group director Chris Codo as Senior Relationship Manager LeapRate

September 20, 2022 BY Steffy Bogdanova

United Fintech hires former CME Group director Chris Codo as Senior Relationship Manager

Christian Codo added: I am truly excited to be joining such a forward thinking group of individuals. The United Fintech business model reflects the ambition of the company in providing clients with innovative capital markets solutions in an increasing variety of market segments. I am looking forward to leveraging my knowledge and my network to…

September 20, 2022 BY Steffy Bogdanova

Karim Malas leaves Amana Capital, becomes Global Head of Operations at CFI Dubai

He added: I am so excited and looking forward to diving into this new journey headfirst, ready to learn and grow. Thank you very much to Hisham Mansour , Eduardo Fakhoury, and the rest of the @cfi team that I’ve connected with for helping me through this process! Malas brings to his new CFI role…

September 20, 2022 BY Steffy Bogdanova

Weekly data: all eyes on central banks, especially the Fed

The hawkish scenario of a triple hike on Wednesday seems to be almost universally priced in, so a case of ‘buy the rumour, sell the fact’ might apply for the dollar that evening and the euro might make at least a small bounce. As noted above, though, it’s the press conference that seems to be…

September 19, 2022 BY Steffy Bogdanova

German regulator BaFin flags GTS Financial LLC as not authorised

In the official statement, BaFin Stated: The company claims on its website that it is regulated by the U.S. Securities and Exchange Commission, but this cannot be verified. The regulator added: Companies that conduct banking business or provide financial services in Germany require authorisation under the KWG. However, some companies operate without the necessary authorisation.…

September 19, 2022 BY Steffy Bogdanova

NinjaTrader Group introduces mobile trading experience for newly launched CME Group event contracts

Tim McCourt, Global Head of Equity and FX Products at CME Group, said: We are pleased to have the support of NinjaTrader Group in offering CME Group event contracts to retail traders. With the launch of our event contracts, market participants have a new and cost-effective tool to take a position on daily price moves…

September 19, 2022 BY Steffy Bogdanova

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

European Shares European shares continued to fall shortly after the opening bell of the first trading session of the week, extending last week’s losses as traders brace for a busy week on the macro front. The cautious trading mood prevails on the markets on Monday after investors ended the last week with more questions than…

September 19, 2022 BY Steffy Bogdanova

Michael Bogoevski appointed Head of Distribution for APAC and Canada at CMC Markets

Bogoevski initially served as Head of Sales Trading for the APAC and Canada region at CMC Markets and after 4 years he was promoted to Head of Singapore. He spent 4 years in this role before being promoted again. He has previously worked with CMC Markets as part of the broker’s Institutional Business Development team,…

September 16, 2022 BY Steffy Bogdanova

Daily market commentary: Equity markets extend declines almost everywhere

The situation is clearly bearish on most EU benchmarks this morning, with traders bracing for the EU CPI figures as well as a triple-witching day where erratic market moves usually happen. The Stoxx-50 index has now broken-out of its short-term bullish trendline that has been supporting prices since the beginning of the month, and is…

September 16, 2022 BY Steffy Bogdanova

Capital.com’s Chief Market Strategist David Jones steps down

Jones added: It has been something of a roller coaster since 2018, with seldom a dull moment - but I decided a few months ago it was time for some new challenges. I’m looking forward to a break - and then doing some projects on my own around client education, amongst other things. If you…

September 15, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is back to below parity with the US dollar

European Shares European stock indices climbed higher on Thursday, boosted by financials as traders continue to weigh the prospect of higher borrowing costs. Markets seem torn between a bearish sentiment on one hand, supported by lingering macro threats in a tighter liquidity environment, and dip buyers on the other who continue to bet on the…

Category: Forex