She will also help to scale the business in support of Equiti’s global growth strategy, which includes new markets, products and offerings to be launched in the near future. Iskandar Najjar added: Innovative offerings coupled with effective and efficient go-to-market strategies will give Equiti a leading advantage as we embark on the next phase of…
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OIL WTI is up by more than 1% during early Tuesday trading, recovering some of the losses of the previous session. Oil prices are likely to remain volatile as the outlook for the economic recovery becomes increasingly uncertain, with a rise in cases of the Delta variant in Asia continuing to be a reason for…
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The figures for the first three quarters of the year are slightly different, although they still show an increase in profits for the company. Total revenue for 2020 was at $39.854 billion, with 2021 revenues decreasing by 23% to $30.687 billion. Despite the fall in revenue, expense figures were improved over this period. StoneX decreased…
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Despite this significant increase in expenses, it is something that XTX Markets expected. As it moved across IP ownership and staff contracts to XTX Markets, this led to the expense increases. XTX Markets also made it clear in its financial statement that it had no contributions to political parties and, as such, had no political…
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The pound seems to be standing at a crossroads with key technical references above and below, the 161.8% weekly Fibonacci retracement area and the 200 SMA respectively. Based on TA alone, consolidation and sideways movement would usually be favourable in this situation. However, the important economic releases from the USA and the UK on Wednesday…
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Market participants can agree, execute and settle repo transactions on the DLR platform. A digital repo approach allows collateral to be detached from the trade agreement and the cash remains off-chain. DLR also enables the immobilization of the underlying securities in the repo transactions, while transferring ownership via smart contracts executed on the platform. The…
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Yan Gloukhovski, Founder of Flowlinx, commented: We are proud to work with First Sentier Investors, a highly regarded specialists in emerging markets equities and are delighted to be part of the FlexTRADER EMS. It’s been a pleasure working with the FlexTrade team, who are so open to innovative third-party solutions benefiting their clients. Our data…
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GOLD The price of gold dropped to lows not seen since March during early Monday trading, following the publication of US labour data on Friday that was more positive than expected, making it more likely for the Fed to bring forward the timing of the tapering. This dynamic propelled the US dollar to new multi-month…
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Svetlana Kulikova, the Head of Match-Trade Cyprus, said: Cyprus is rightfully the world capital of Forex. Match-Trade has all the prerequisites for successful work in this region. I am sure that clients will appreciate the privilege of working not with a virtual, but with a real office. After long presence in the Asian region, Match-Trade…
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PrimeXM Data Centre in London LD4 registered $796.11 billion in notional value, 76% of the total monthly traded volume. The Data Centre TY3 has returned second place from with $125 billion in monthly trading volume, 5.5% more than the $118.50 billion registered in NY4 Data Centre. XAUUSD remains consistent as the favouruite instrument of PrimeXM's…
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