Category: Forex

Broadridge
June 17, 2021 BY Steffy Bogdanova

Broadridge appoints Ray Tierney as President of Itiviti

Tierney has spent 35 years in capital markets experience. Most recently, he served as Global CEO of Trading Solutions at Bloomberg LP, where he led the design, development, and operations of the firm’s global multi-asset, buy- and sell-side order management system. He has previously served as CEO and President of Bloomberg Tradebook LLC, and worked…

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Global Kapital secures license from Finra to operate in America
June 16, 2021 BY Steffy Bogdanova

Global Kapital secures license from FINRA to operate in America

Gokhan Erkiralp, GK Group Brokerage CEO, commented: Since 2020, Global Kapital Group has initiated a strategic journey to expand its international reach and introduce its products to an ever-increasing number of customers. We are excited that today the next step in our global growth strategy brings us into the world's largest financial market. GKG revealed…

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Swissquote
June 16, 2021 BY Steffy Bogdanova

Swissquote expects a jump in revenue in H1 2021

The announcement stated: The strong organic growth that has been ongoing for months continues at Swissquote. Since the beginning of the year, Swissquote has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in Swissquote’s main revenue segments (fee and commission, eForex and…

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partnership
June 16, 2021 BY Steffy Bogdanova

TrueFX adds Straits Financial to its clearing member network

Harpal Sandhu, CEO of Integral and technology provider for TrueFX, added: The size and scale of our growing clearing network allows us to offer significant cost savings to even more clients, brought around by the venue’s integrated liquidity, clearing and technology. We are thrilled that Straits Financial has joined as a clearing member and their…

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daily market analysis
June 16, 2021 BY Steffy Bogdanova

Daily market commentary: The pound gained ground following the publication of UK inflation data

OIL Oil prices reached new multi-year highs during early Wednesday trading, with Brent touching $74.71, the highest watermark since October 2018. The current prices illustrate a plainly bullish stance amongst investors who clearly are betting on the continuation of this upwards trend, due to rising demand as economies emerge from lockdowns, with many now expecting…

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June 16, 2021 BY Steffy Bogdanova

Weekly forex data: all eyes on the Fed

The 161.8% weekly Fibonacci extension area based on the US dollar’s gains in March last year remains the key technical reference. As of now, a clear push below this zone still looks unlikely. Conversely, a movement above the 50 SMA from Bands, which seems likely in the near future, probably won’t signal a reversal. Instead,…

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CAPEX.com secures $21 million in a new funding round
June 16, 2021 BY Steffy Bogdanova

CAPEX.com secures $21 million in a new funding round

CAPEX.com provides services across Europe, the Middle East, South Africa, Latin America, and South-East Asia and operates four trading licenses. With more than 2100 CFD trading instruments, the broker plans to expand the offering by including Direct Market Access instruments, DeFi and blockchain-based services. The broker received its first operating license in 2016 from CySEC.…

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ATFX
June 16, 2021 BY Steffy Bogdanova

ATFX adds over 50 Hong Kong share CFDs to its offering

Some of the companies whose chare CFDs will be available for trading include HSBC Holdings, Tencent Holdings, JD.com, and Alibaba Group Holdings among others. ATFX offers its clients competitive low spreads and fast execution services, and provides a client portal, protected by encryption security system. The company has offices around the globe with locations in…

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Acquisition
June 16, 2021 BY Steffy Bogdanova

CFD broker Fxview acquired by Finvasia Group

Sarvjeet Virk, Managing Director of Finvasia Group said: We’re delighted to add Fxview to our portfolio. Europe remains a key strategic priority for our business. Fxview’s acquisition gives us a significant presence in the European market, complementing our already well-established operations in United Kingdom. FINVASIA operates as a multi-disciplinary and multinational firm which is passionate…

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CFI announces basketball sponsorship in Jordan
June 15, 2021 BY Steffy Bogdanova

CFI announces basketball sponsorship in Jordan

The CEO of CFI Jordan, Loay Azar, commented: With this partnership, we would like to reinforce our successful presence in Jordan and solidify our bond with the country by supporting a successful local sport that has made all Jordanians proud as a result of the success of its national team which we will sponsor now.…

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