Category: Forex

TP ICAP
December 23, 2021 BY Steffy Bogdanova

TP ICAP Group names Louise Murray non-executive director

Prior to this, Murray worked BlackRock Investment Managers for almost 21 years. Her most recentl appointment there was a Managing Director, Head of Fixed Income Trading EMEA. Richard Berliand, Chairman of TP ICAP Group plc, said: We are delighted to welcome Louise to the Board of the Company. With her experience across different asset classes…

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US GDP
December 22, 2021 BY Steffy Bogdanova

Weekly data: US GDP ahead of the holidays

For the time being, the bias based on TA still seems to be towards the upside but a clear breakout above $1,800 might still be some way off. The latest attempt to move above this important psychological area was rejected on Friday, and with activity likely to drop in the runup to Christmas there probably…

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December 21, 2021 BY Steffy Bogdanova

CFI launches more than 3,500 exchange-based US stocks on MT5

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: Adding US exchange-based stocks made perfect sense for long-term traders seeking the full ownership experience and without having to pay exorbitant fees. At $0.005/share, no minimum account and commission as low as $1 per trade, it is now easier than ever…

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Brokeree Solutions updates Social Trading
December 21, 2021 BY Steffy Bogdanova

Brokeree Solutions announces the release of Synthetic Feed

The company explained how its newly released tool operates: A plugin receives ticks from symbols on MetaTrader and processes them via available calculation types: formulas or indices. Formulas allow brokers to customize quotes using math operations like addition, subtraction, and multiplication, while indices operate with coefficients. After all the calculations are done, the new quote…

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December 20, 2021 BY Steffy Bogdanova

BNP Paribas sells Bank of the West to BMO for $16.3 billion

Jean-Laurent Bonnafé, BNP Paribas Group Director and Chief Executive Officer, commented: This is a value accretive transaction for all sides, which emphasizes the quality of Bank of the West franchise. In the name of BNP Paribas, I would like to deeply thank all Bank of the West teams for their achievements and contributions for the…

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Acquisition
December 20, 2021 BY Steffy Bogdanova

OFX Group acquires Canadian FX company Firma in $69.6 million deal

The acquisition have a significant positive impact on the volumes in the trading of USD/CAD and USD/GBP pairs. OFX Chief Executive Officer and Managing Direator, Skander Malcolm said: This is our first major acquisition and very much aligned with our strategy of building scale in the Corporate segment and growing the North American region. Firma…

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Deutsche Börse
December 16, 2021 BY Steffy Bogdanova

Deutsche Börse acquires majority stake in Crypto Finance

Crypto Finance will now be able to access to Deutsche Börse’s client and infrastructure and its capital base to further grow its team, carry out structural growth plans, and broaden its product and service portfolio. The expansion of the customer base will be focused on Germany in Europe, and Singapore in Asia. Eric Leupold, Head…

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SEC Chairman states plans to tackle ‘gamification’
December 16, 2021 BY Steffy Bogdanova

SEC proposes changes to strengthen the laws against insider trading

Additionally, directors and officers will be required to put in writing that they are not aware of any important nonpublic information when they enter into the plans. The proposal also includes updates that would require more comprehensive disclosure about issuers’ policies and procedures against insider trading, as well as their actions around the timing of…

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Erik Thedéen
December 16, 2021 BY Steffy Bogdanova

ESMA names Erik Thedéen Vice Chair

Verena Ross, Chair, said: I am happy to announce the appointment of Erik Thedéen as Vice Chair of ESMA. As a Board Member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a wealth of national and international experience to the role, and I…

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