Category: Forex

February 15, 2022 BY Steffy Bogdanova

Daily market commentary: Gold prices touch a seven-month maximum

Oil WTI crude oil prices eased down from the seven-year maximums reached during the previous session. Tension between Russia and the West over the potential invasion of Ukraine, has been one of the main factors behind the recent increases in the price of the barrel, with traders pricing-in the increasing likelihood of an armed conflict…

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February 15, 2022 BY Steffy Bogdanova

DataBP hires Stephen Wolff as Strategy Advisor

Stephen Wolff background Wolff currently serves as a board member and/or advisor to a number of software and fintech organisations such as ClearCourse Group, as well as, TransFICC, OTCX Trading and Adoptech. He also previously led corporate strategy at IHSMarkit and was a member of the group executive committee. Before that, Wolff was head of…

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February 15, 2022 BY Steffy Bogdanova

Edgewater Markets teams up with OpenFin for enhanced FX trading desktop capabilities

Brian Andreyko, CFA, Chief Product Officer at Edgewater Markets, said: Our clients needed more robust windowing performance from our platform. Since partnering with OpenFin, users have been very happy with the enhanced user experience due to window management capabilities, and have seen an upgrade in performance of data delivery as a result. Our development team…

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February 14, 2022 BY Steffy Bogdanova

Daily market commentary: Unease spreads in the markets over the possibility of a Russian invasion of Ukraine

GOLD Early Monday trading saw gold hedging down from the 2022 maximums reached on Friday, albeit not by much as geopolitical tension continues to build up. Russia’s invasion of Ukraine is, according to several Western authorities, imminent, and the markets are reacting by seeking safe-haven assets, in a dynamic that strongly supports the precious metal.…

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Plus500
February 14, 2022 BY Steffy Bogdanova

Plus500 secures Estonian license from FSA

The FSA said: The company will have the right under the authorisation to accept securities orders and to send them, to execute securities orders in the name of clients or in its own name, and to trade with securities on its own account. The ancillary services to investment services give the company the right to…

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Skilling hires David Hodge as Chief Marketing Officer
February 11, 2022 BY Steffy Bogdanova

Skilling onboards former OANDA CMO David Hodge

The appointment of Hodge follows a year of significant growth for Skilling with record increase in accounts and the launch of new partnership portal its own Skilling Copy platform. Michael Kamerman, Group CEO of Skilling, commented: David’s appointment as CMO comes at an exciting time for Skilling as we continue to expand our operations and…

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IG Group hires Barbara Duffy
February 11, 2022 BY Steffy Bogdanova

IG Group appoints Barbara Duffy as Chief People Officer

Barbara Duffy said: IG is in a significant period of growth as part of its global diversification strategy – and it was a huge attraction for me to join this dynamic, forward-thinking team now. As the company continues to implement its strategic vision, I am thrilled to be in a role where I can help…

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February 11, 2022 BY Steffy Bogdanova

ThinkMarkets obtains $40 million growth capital funding package

Ron Daniel, Co-Founder & CEO, Liquidity Group, commented: It has been our pleasure to work with Nauman Anees and his great team at ThinkMarkets to provide them with the funding to continue rapidly scaling their fintech business. Nauman Anees, Co-Founder and CEO of ThinkMarkets said: Our exceptional growth in recent years has been underpinned by…

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CySEC regulation
February 10, 2022 BY Steffy Bogdanova

CySEC revises Significant CIF criteria

All Cypriot financial services companies that meet the new criteria of Significant CIFs need to remuneration committee and a risk committee. These committees should be composed of members of the board of directors who do not perform any executive function in the CIF concerned. The companies are also required to submit their new organisational structure…

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