Category: Forex

daily market analysis
July 20, 2021 BY Steffy Bogdanova

Daily market commentary: The pound continues to lose ground, following yesterday’s sharp decline

GOLD Gold was steady despite yesterday’s equity market sell off with the price continuing its slow dance above $1,800. However, the technical configuration isn’t reassuring to investors as the market recently broke-out of its short-term bullish trendline following a 50% bullish retracement of the last bearish impulsion from the $1,900 zone. Despite the market’s recent…

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CAPEX.com launches new product StoX with 0 commission
July 20, 2021 BY Steffy Bogdanova

CAPEX.com expands asset portfolio with new product StoX

Christina Koullapi, Executive Director at Key Way Investments Ltd, the company operating CAPEX.com under its CySEC regulation, said: We believe this latest addition to our portfolio comes with several competitive advantages for our clients. First, they won’t have to worry anymore about the costs of rolling their transactions from one day to the next, as…

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July 20, 2021 BY Steffy Bogdanova

Weekly forex data: looking ahead to the ECB

Sentiment on the euro though is weak: strong data around the end of 2020 and beginning of 2021 have generally been replaced by more lacklustre figures from major economies, and the Delta variant is likely to dent many countries’ plans to ease remaining anti-covid measures. Tuesday’s close at R17.33 was a two-month high for EURZAR,…

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Edgewater Markets deploys forex trading and pricing engine in Singapore
July 20, 2021 BY Steffy Bogdanova

Edgewater Markets launches forex trading and pricing engine in Singapore

Chief Product Officer of Edgewater Markets, Brian Andreyko, added:. With local SG1 based trading infrastructure, pricing, trading, and order matching, our internal trading foreign exchange volumes will execute with bespoke local connectivity and all of our liquidity consumers and white label trading partners will benefit from better price discovery, lower latency, and improved execution quality.…

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MarketAxess elects Charles Li to its Board of Directors
July 19, 2021 BY Steffy Bogdanova

MarketAxess elects Charles Li to its Board of Directors

Li commented: Ever since my involvement with the launch of Bond Connect, I have closely followed the development of the leading global fixed income trading platforms, such as MarketAxess, and believe that they will play important roles in the internationalization of the Asian bond markets. I admire the impressive track record of MarketAxess and I…

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Broadridge Financial Solutions
July 19, 2021 BY Steffy Bogdanova

Broadridge Financial Solutions partners with OpenFin

Mazy Dar, CEO of OpenFin, commented: We’re excited to be a strategic partner with Broadridge, helping clients accelerate and adapt to advanced digital workspace solutions. Providing an adaptable interface customizable to user preferences will help c’s clients boost productivity and simplify the investment management process. OpenFin’s operating system enables traders and portfolio managers to manager…

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Euroclear reports operating income increase of 7% in H1 2021
July 19, 2021 BY Steffy Bogdanova

Euroclear reports operating income increase of 7% in H1 2021

Lieve Mostrey, Chief Executive Officer at Euroclear, commented: I am pleased to report that Euroclear achieved a record business performance in the first half of 2021. Our consistent strategy has delivered a growing financial performance, despite a business environment that remains uncertain. By continuing to invest in our people and technology, we are supporting clients…

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Forex Weekly Look Back
July 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: X Open Hub’s Sylwester Jezierski discusses changes in the industry, FP Markets adds more than 500 share CFDs

With the emerging new requirements in the investment ecosystems, it is important for brokerages to keep up with the digital age. Software company Devexperts in cooperation with Turkish broker Global Securities released a number of updates for the BayGlobal trading platform. Users on BayGlobal can now listen to live broadcasts of Global’s financial analysts. Every…

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