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…
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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.…
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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…
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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…
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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,…
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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…
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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…
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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…
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Saxo confirmed it is well capitalized and there will be no primary issue of shares with the listing and the merger will comprise a secondary sale of existing Saxo Bank shares. According to the official announcement, Saxo shareholders Geely Financials Denmark A/S and Sampo Plc, are planning to liquidating a part of their holdings. At…
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According to the numbers, Core Markets+ total revenue for the quarter came in at £200.3 million, registering an uptick of 5% YoY. tastytrade total revenue in Q1FY23 grew by 62%, or 15% on a pro forma basis. On a constant currency basis, pro forma total revenue stood at $41.1 million, up 1%, driven by additional…
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