Category: Forex

October 04, 2022 BY Steffy Bogdanova

CySEC withdraws CIF licence of IFC Investments

Capixal states the following on its website: IFC Investments Ltd.(”the “Company”) would like to inform you that, following the closure of the open trades on the 9th of May 2022 and the Company’s decision to voluntarily renounce it’s CIF authorization, we are taking all the necessary measures to fully refund any outstanding balances. Where applicable,…

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FXSpotStream
October 04, 2022 BY Steffy Bogdanova

FXSpotStream sees 20.5% jump in September ADV

In September, FXSpotStream’s overall volume stood at $1.61 trillion. The numbers were 15% up from the $1.40 trillion, recorded in August 2022. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year. The company stated: This YoY growth is an indicator of the continued market share…

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October 03, 2022 BY Steffy Bogdanova

CMC Markets launches CMC Invest in UK

CMC Invest offers investments with US and UK listed shares, exchange-traded funds (ETFs) and investment trusts. CMC also has plans to expand its services with stocks and shares ISAs and USD currency wallets. Additionally, the platform offers commission-free services, however there is a 0.5% foreign exchange fee. Soleiman added: Investing is never one size for…

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Weekly data: Oil and Gold price action before the NFP
October 03, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices are holding above the $1,660 level

European Shares Share markets fluctuated in Europe on Monday, following the mixed trading session registered overnight in Asia, as traders start their week on a cautious note. The bearish sentiment remains towards riskier assets as investors are weighed down by lingering inflation fears and tightening monetary conditions ahead of another busy week on the macro…

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Daily Market Commentary
September 30, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index is on track for a third consecutive session in the red

European Shares EU shares pared some of yesterday’s losses this morning, edging higher as market sentiment improved slightly for the end of the week. Investors drove most benchmarks higher on Friday, in a corrective bullish move following another annual low in session yesterday, as they cheered positive macro data from the UK, France and Germany.…

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September 29, 2022 BY Steffy Bogdanova

FCA ceases synthetic sterling LIBOR at end-March 2023

FCA stated: We have no intention to use our powers to compel IBA to continue to publish the 1- and 6-month synthetic sterling LIBOR settings. The regulator added: Market participants need to ensure they are prepared for the permanent cessation of 1- and 6-month synthetic sterling LIBOR on 31 March 2023. However, the deadline for…

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September 29, 2022 BY Steffy Bogdanova

Patrick Eltridge joins Nomura as Group Chief Information Officer

Patrick Eltridge commented: Nomura is a recognized leader in its home market with an increasingly global presence and international growth strategy. I am excited to join the firm as it undergoes a digital and data transformation to deliver a better experience for clients and employees. Eltridge has previously served as the Chief Operating Officer at…

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