OIL Oil is trading almost flat during the early part of Friday’s session, having reached a fresh multi-year high during the previous session, following a last-minute disagreement amongst OPEC members that delayed a decision on increasing output levels by an estimated 400,000 barrels per day. Officials from member countries will reconvene today and attempt to…
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Equiti Capital noted that these changes are subject of approval of the UK FCA and the FSA in the Seychelles Iskandar Najjar, Equiti Group CEO, commented: The Group is very appreciative of Brian’s contributions to date and now looks forward to seeing his experience and talents applied in helping the Group to quickly and successfully…
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The report showed a 3.7% MoM increase in average daily volumes, compared to May. FXSpotStream’s ADV hit $49.09 billion in June, while May it was $47 billion. June became the 3rd highest ADV in FXSpotStream's history. The ADV for June stood at a 13.4% increase year-over-year. The company’s ADV year-to-date, from January to June 2021,…
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Andrew Berry, Senior Managing Director, ICAP said: We have developed SpotMatch to meet client demand. Following many discussions with our clients it became clear there is a need for a simple, user-friendly interface for eMatching trading across FX Markets. We’re continuing to focus on electronification right across the business and this is another example of…
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OIL Oil prices continued to rise during early Thursday trading, following the publication of US inventories data, which showed that stocks continue to decline. Meanwhile, investors now await the outcome of the OPEC+ meeting occurring today, with the consensus pointing at an increase in output in the order of half million barrels per day, which,…
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In the announcement, Cboe revealed it plans to fully integrate Chi-X Asia Pacific into its existing global business operations and technology platforms. This process will begin with the integration of Chi-X Asia Pacific and BIDS. Cboe plans to migrate Chi-X Australia and Chi-X Japan its trading platform thereafter. Toru Irokawa, Representative Director and President at…
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BlackBull Markets’ Chief Business Development Officer, Anish Lal, commented: The BlackBull Markets product and services offering is highly competitive in the marketplace. We know this because of the phenomenal growth in market share we experience year-over-year. Clients are moving to BlackBull Markets from our competitors at a startlingly fast pace. Anish Lal stated that BlackBull…
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Marc Bailey, Chief Executive Officer at Sucden Financial, said: We continue making significant investments in our solutions and services, which includes our research offering. I am delighted that Refinitiv’s vast client base now have direct access to our market reports. Zach Cordes, Head of Agriculture at Refinitiv, commented: We are thrilled to be partnering with…
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eToro first partnered with the French in 2020 and since then the social investment platform has strengthen its collaboration with AS Monaco as part of its strategy to accelerate global engagement and brand awareness. Last year, AS Monaco finished in third place in the Ligue 1 season in third place, securing European qualification. Oleg Petrov,…
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GOLD Gold remains on the back foot during early Wednesday trading, with the precious metal likely to have its worst month of the last few years. These losses clearly correlate with the strengthening of the dollar, with the markets pricing in the Federal Reserve’s shift to a more hawking stance. In the current context, Friday’s…
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