More than 71% of the total monthly traded volume was recorded in Prime XM Data Center in London LD4 – $633.66 billion in notional value. The Data Center in New York (NY4 and Japan (JP3) registered a monthly trading volume of $128.23 billion and $121.37 billion, respectively. XAUUSD remained consistent as the most popular instrument…
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The downtrend for EURGBP continues to be very strong from a technical perspective, with clearer spaces forming between the 50, 100 and 200 SMAs and price extending below the 38.2% area of the weekly Fibonacci fan. Oversold is an important concern for new sellers here, though, with the slow stochastic (15, 5, 5) having displayed…
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In September 2018, Novelli and Karofsky became Co-Presidents of the firm, Karofsky having joined UBS leading the equities business globally back in 2014. Robert Karofsky then went on to leverage his market experience by leading the Investment Bank’s digital transformation efforts. Karofsky and Novelli’s partnership has proven fruitful for UBS. Together they reshaped the Investment…
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OIL Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode. This, in conjunction with the huge liquidity injected by central banks, is pulling up stock markets. This positivity is also impacting oil, with both the main benchmarks recently climbing to their highest in 12 months, including WTI breaking through the…
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Prior to that, he has worked as Head of European M&A and Head of European Industrials for Merrill Lynch. He has advised corporate boards on many large-scale M&A transactions across all sectors and geographic areas. In his career, he has advised many large Italian corporations. Euronext plans to close its 4.3 billion euro ($5.22 billion)…
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Multi-asset broker Exness will be taking part in the iFEX virtual expo on the 10th and 11th of February as a strategic sponsor. The first financial virtual expo in the MENA region will attract attendees from leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive…
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The Genesis Low-Code Platform (LCAP) is the only low-code platform native to financial markets and created to focus on the specific requirements of the industry. It offers rapid creation and deployment of applications to meet the traditional automation and simple Business Process Management (BPM) needs and the complex use cases requiring event handling processors and…
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EUROPEAN SHARES European shares fluctuated on Thursday, following a slightly positive Asian session on lower volumes than usual, as investors continue to digest disappointing inflation figures from the US. However, despite this short-term pause, there is nothing threatening from a technical point of view. Most benchmarks are still trading above strong support levels with no…
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Daniel Lewis said: IS Prime has an excellent reputation worldwide and an impressive track record as a market-leading Prime of Prime. This is a great opportunity for me and a natural next step in my career. My broad range of experience in the brokerage industry gives me the market knowledge and relationships to help IS…
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OIL Investors are still buying every dip in the price of oil. Both major benchmarks, WTI and Brent, are in a clear bullish trend, as investors are betting on a fast economic recovery once the vaccine allows restrictions to ease. Furthermore, any news on more fiscal or monetary stimulus will generate fresh optimism and trigger…
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