Category: Forex

Daily Market Commentary
August 15, 2022 BY Steffy Bogdanova

Daily market commentary: All EU benchmarks are trading in green

The Stoxx-50 index is testing its first available short-term support level over 3,775pts following a bullish opening boosted by healthcare and utility shares. This morning’s pull-back on the previous resistance, now seen as a support, may be an occasion for the market to establish a new floor prior to reaching higher highs towards the 3,845pts/3,850pts…

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August 15, 2022 BY Steffy Bogdanova

James Hickman joins Cornerstone FS as CEO

Elliott Mannis, said: James brings a wealth of industry experience and excellent strategic and leadership skills to Cornerstone, and I am delighted that he will be our new Chief Executive Officer. He has impressed the Board with his clarity of vision, breadth of knowledge and his strong client-centric mindset. The Board believes he is a…

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TP ICAP
August 11, 2022 BY Steffy Bogdanova

TP ICAP sees a 15% jump in revenue in H1 2022

Parameta Solutions’ revenue was up 6% during the last six months. Adjusted EBIT increased 15% to £142 million, compared to H1 2021. The come company highlighted that it plans to launch its electronic marketplace for institutional clients, Fusion Digital Assets. Nicolas Breteau, CEO of TP ICAP Group plc, commented: Our transformation continues at pace, including…

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August 11, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar plunges more than 1 percent in relation to other major currencies

European Shares European markets followed the global trend on Thursday, extending a rally as market sentiment strengthened following the latest softer US CPI report. Cash went back from safe havens to riskier assets after investors cheered the US inflation data for July showing a decrease below estimates, which immediately sparked hopes of a less aggressive…

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United Fintech appoints Mitch Vine as Head of New Business Sales in the Americas and Danny Finnerty as a Sales Executive
August 10, 2022 BY Steffy Bogdanova

Mitch Vine and Danny Finnerty join United Fintech's New York team

Danny Finnerty joins the firm SS&C Technologies in New York, where he was in a business development role. In their new positions in United Fintech, Mitch and Danny will report to Mark Lawrence, Director and Head of Americas. Mark Lawrence, Director and Head of Americas at United Fintech, commented: United Fintech’s expansion in the US…

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