It may be stating the obvious, but the forex industry is extremely competitive from a brokerage perspective. How does a broker, especially one in the low to middle bracket with limited resources, stand out from the crowd and build a growing customer base? Yes, marketing promotions are one method, but how do you conduct those…
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DataBP’s platform supports the quick addition of new products and the scalability to enable the diversification of subscribers and vendor relationships. Joyce Tan, Head of Market Data Development & Delivery at SGX, said: Our partnership with DataBP and the inception of SGX Data Direct offers a direct online channel of engagement with our end-clients. It…
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Nicolas Breteau, CEO of TP ICAP, said: Innovation, regulation and clients’ needs are driving significant change in EMEA markets. Sebastien’s deep financial services experience will be a great asset to TP ICAP as we respond to and anticipate these changes so that we remain well placed to execute our growth strategy. Sebastien Rozes commented: TP…
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The new feature allows the company to reserve shares, at the IPO price, for a specific group of people. Robinhood helps allocate these shares to the chosen individuals through the program. The invited by the issuer individuals to take part in the DSP at the IPO price can then use the Robinhood app to request…
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The Cyprus regulator has decided to lift the suspension on 2 November, noting that the company has satisfied the compliance requirements under the relevant provision of The Investment Services and Activities and Regulated Markets Law of 2017 and of Regulation (EU) 600/2014. Depaho’s licence was initially suspended by CySEC in July this year. The suspension…
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Among the new additions are Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance. All of the new cryptocurrencies have been added against the US dollar. The total number of crypto instruments on the Swiss online trading platform is now 19. The announcement noted that the additional crypto instruments are…
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In October, the brokerage also recorded 1.58 million client accounts, 57% up compared to the previous year and 3% higher than prior month. Annualized average cleared DARTs per client account stood at 333. The company also noted that average commission per cleared Commissionable Order was $2.48 including exchange, clearing and regulatory fees In September, Interactive…
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Agency Execution made the biggest splash with +353% surge in generated revenue. The company attributed this to the inclusion of Liquidnet, which brought £51 million in Q3. Excluding Liquidnet earnings, the division’s revenue grew 13% to £17 million. Liquidnet was acquired earlier this year. Parameta Solutions, Data & Analytics revenue rose by 9% to £37…
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AUDUSD’s uptrend seems to be resuming at the time of writing on the daily chart considering highs on 3 September and 20 and 28 October. The 50 SMA from Bands is about to complete a golden cross above the 100 SMA, but the 200 SMA is still an important resistance which the price is currently…
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PrimeXM Data Centre in London LD4 registered $877.53 billion in notional value, almost 80% of the total monthly volume. The Data Centre NY4 remained in second place with $122.79 billion in monthly trading volume. TY3 reached $99.35 billion in October. The newly established SG1 data center, processed $359 million. XAUUSD remains consistent as the favouruite…
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