Category: Forex

July 11, 2022 BY Steffy Bogdanova

ASX CFO Gillian Larkins steps down

Dominic Stevens, ASX’s Managing Director and CEO, commented: We thank Gill for her service. She leaves ASX with a strong Finance and Facilities team in place, which is well positioned to continue to deliver for our stakeholders. She will continue to guide ASX through the next two months of our year-end activities until her departure.…

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European stock market experiences positive change
July 08, 2022 BY Steffy Bogdanova

Daily market commentary: Safe havens such as Treasuries, JPY and CHF currencies are on the rise as investors look for safety

A better-than-estimated figure would suggest the US economy is in a better shape than initially expected, which could provide the Fed with more room for further aggressive moves. On the other hand, a disappointing number would suggest the recession is increasingly unavoidable, which should trigger further panic moves and fear trading on the market. Ricardo…

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FCA
July 08, 2022 BY Steffy Bogdanova

FCA appoints Ashley Alder as chair

Ashley Alder commented: It’s a great privilege to have the opportunity to Chair the FCA, whose core work is so vital to the financial health of consumers. I also value the opportunity to contribute to a crucial phase in the FCA’s history as it helps chart the UK’s post-Brexit future as a global financial centre…

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Market Analysis
July 07, 2022 BY Steffy Bogdanova

Daily market commentary: Stock markets climb higher

On the old continent, investors are keeping an eye on the political situation in the UK after PM Boris Johnson said he won’t give up his seat despite a slew of resignations from his ministers. Cable stabilized around 1.1900 while the FTSE-100 index is trading sideways, between 7,300pts and the 7,000-pts mark, as investors wait…

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July 06, 2022 BY Steffy Bogdanova

Integral sees $49 billion ADV in June

However, this was a 3.9% drop compared to the same period the previous year. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds .

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Saxo Bank
July 06, 2022 BY Steffy Bogdanova

Saxo witnesses FX demand recovery in June

The daily average in forex trading came in at $6.9 billion, up on monthly, as well as yearly basis. Equities registered decline in demand to $192.1 million, lower than May’s $220.1 million. The asset class did register recovery compared to June 2021 by gaining nearly 52%. Fixed income instruments brought in $15.6 million registering a…

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July 06, 2022 BY Steffy Bogdanova

ING Ventures announces investment in OpenFin

The latest round of capital will be used for OpenFin OS’s expansion. This software is already being used by 23 of top 25 global banks as well as many of the world’s leading asset managers and financial services vendors. ING started using OpenFin’s technology in 2021 to accelerate their desktop transformation strategy. The company’s employees…

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