GOLD The strength of the US dollar is keeping the pressure on safe havens like gold with the precious metal continuing to drop on Friday. Bear traders seem to be in control of the market on a very short-term basis and even if no significant sell-off has been registered so far, the current correction saw…
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The company has adjusted its expectations of the full year, now targeting CHF 465 million in net revenues and CHF 210 million in pre-tax profit, which was initially CHF 130 million. Swissquote continued to expand its crypto-asset offering for retail and institutional customers. The company has over 20 cryptocurrencies and CHF 1.9 billion in crypto-assets…
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In its response, BDSwiss stated: With regards to the FCA announcement and the use of our group website domain, we would like to clarify that all visitors and potential clients are presented with all brand entities and regulators, they are prompted to register under their own jurisdiction, and are even explicitly warned when attempting to…
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The UK watchdog also discovered concerning details about BDSwiss’ sales and marketing practices such as use of misleading financial promotions, unrealistic claims about returns, failing to present clearly nature of the financial instruments being marketed and failing to describe the risks involved in trading CFDs. The regulator said that the company often contacted customers directly…
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OIL WTI reversed earlier gains and is flat so far during early Thursday trading. A surge in coronavirus cases caused by the Delta variant is forcing several countries around the world to impose new lockdowns, a scenario that is likely to negatively impact fuel demand. Also weighing on the price of oil is a surprise…
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Additionally, the number of active clients on the platform also achieved a record figure of 209,370 traders in July, up from 204,925 registered in June. Last month, Exness joined the Financial Commission as its latest member, ensuring protection for up to €20,000 per client, backed by the commission’s Compensation Fund and other benefits. The company…
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Gopher responded on Tuesday with disappointment in Playtech’s supplement circular, claiming that it has answered its questions and the urged its shareholders to vote against the sale of Finalto to the Consortium. In its latest response, Playtech stated that it does not agree with how Gopher described the string of events and claims it is…
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GOLD Gold is still trading inside its mid-term bullish channel, above the support at $1,808 as well as the 89 period Exponential Moving Average (EMA) despite an increase in risk appetite. It is not so usual to see “risk-off” assets edge higher even as stocks and other riskier assets trade near record levels as the…
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In March 2021, TP ICAP completed the acquisition of Liquidnet and in the second quarter of the year its revenue was fully considered. In the first half of this year, Liquidnet generated £55 million revenue. Excluding this number, TP ICAP’s revenue declined 7% in H1 on a constant currency basis. Not counting Liquidnet’s contribution, the…
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David Hodge, Chief Revenue Officer with OANDA, said: We’re delighted to welcome John to the OANDA team. His extensive experience in the electronic trading sector will enable the firm to further transform our operation in North America, driving company growth and strengthening our reputation in the region. Farda commented: Backed by our institutional-grade multi-asset platform…
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