Category: Forex

Exness
June 04, 2021 BY Steffy Bogdanova

Exness reports 7.5% MoM fall in trading volumes in May

Despite the slight down turn on monthly basis, May 2021 numbers are more than double compared to May last year. The number of active clients on the Exness platform is actually higher than last month and March. The broker registered 207,150 active clients and has seen an upward trend since the beginning of the year.

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eToro
June 04, 2021 BY Steffy Bogdanova

eToro reports 3.1 million new users in Q1 2021

eToro Co-Founder and CEO, Yoni Assia, said: Last year was characterized by accelerating retail investor engagement. Widespread media coverage of the financial markets and more time to upskill in lockdown encouraged a record number of retail investors to enter the markets via online investment platforms and apps. We saw this trend accelerate in 2021, and…

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daily market analysis
June 04, 2021 BY Steffy Bogdanova

Daily market commentary: All eyes on the US jobs report

GOLD ADP data strongly surpassed forecast, with almost a million new jobs created last month in the US. Investors are awaiting Friday’s non-farm payroll numbers, but yesterday’s data are showing that US recovery is probably stronger and quicker than expected. What does it mean for the markets? In a few words the US job market…

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saxo bank revenues
June 04, 2021 BY Steffy Bogdanova

Saxo reports $6.8 billion ADV following May dip

Despite the dull outlook for forex, however, Saxo Bank saw a rise in the demand for equities on the platform. The forex and CFDs provided have reported a figure of around $141.9 billion for May’s equities trading volume. This number is an increase of 24.2% compared to April’s figures, while May’s daily average was reported…

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Forex Weekly Look Back
June 04, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Soe Hein Min returns to United Strategic, Robinhood appoints three new directors to Markets Board

Multi-asset execution and order management systems provider FlexTrade Systems and BMLL Technologies, independent provider of harmonised T+1 data and analytics to sophisticated capital market participants, announced that the BMLL Data Feed is available in FlexTRADER EMS. With BMLL’s Level 3 data and analytics financial institutions can leverage the predictive nature of full depth order book…

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June 04, 2021 BY Steffy Bogdanova

Lisa Pollina resigns as Non-Executive Director of IG Group

Pollina has over 10 years experience on the Boards of the Ritchie Brothers Auctioneers, The Depository Trust and Clearing Corporation, and Two Harbors Investment Corp, among others. At the time of her appointment at IG Group, she served at Ares Management providing consultative counsel on business services, financial services and technology investments through her role…

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United Fintech Mark Lawrence
June 03, 2021 BY Steffy Bogdanova

Former Goldman Sachs director Mark Lawrence joins United Fintech as Head of Americas

Mark Lawrence, Director and Head of Americas, United Fintech, said: United Fintech is on a mission to scale and distribute the very best fintechs in capital markets through partnership and collaboration. We want to work closely with our financial institution client base to provide elegant solutions for automating workflows, easing onboarding, delivering efficiencies and saving…

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daily market analysis
June 03, 2021 BY Steffy Bogdanova

Daily market commentary: Stock indices slid lower, extending overnight losses in Asia

EUROPEAN SHARES  Stock indices slid lower on Thursday, extending losses registered overnight in Asia, amid decreasing appetite for riskier assets ahead of key macro data. Today’s market sentiment is a reaction to the recent hawkish comments from Fed officials about tapering, confirming what many investors have been anticipating for the last couple weeks. However, even…

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