StoneX completed the acquisition of Gain Capital in August 2020 in a $36 million deal. To execute its plan for the merger of GAIN’s UK operations, the company preparing to mitigate its exposure to the British Pound in the Gain subsidiaries. As part of its strategy, StoneX increased the US dollar balances in the Gain…
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Fischman noted that the firm’s compliance and technology teams considered several trade surveillance solutions and conducted multiple demos with each one before choosing Eventus. He stated that First New York executes hundreds of thousands of transactions annually, and the way Validus can be trained through its machine learning capability really stood out among others, with…
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From a technical perspective, the uptrend still seems to be active on this timeframe: there has been no clear breach of the 100 SMA. However, price has now moved out of oversold based on both Bollinger Bands (50, 0, 2) and the slow stochastic (15, 5, 5), so more losses this week might be expected…
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Husam Al Kurdi, Chief Executive Officer at SquaredFinancial commented: We have put in place one of the strongest management teams of any brokerage firm in our sector. It is through the quality of our all our employees that we will continue to build and expand the business. Ali brings a depth of market knowledge and…
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GOLD Gold is edging closer to the first resistance level at $1,850, thanks to a weakening dollar. A clear climb above this threshold could open space for further recoveries, but so far the general risk on mood on stock markets is pushing investors to buy riskier assets, hoping for quicker profits. Despite some signs of…
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The partnership agreement will also see CMC Markets sponsoring new initiative that will help power the latest game data, stats and player insights for the Blues loyal fanbase. Smith added: Via our world class trading platform, we bring the latest market data and technology to our clients so comparably we’re really excited to help bring…
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Fic holds a bachelor’s degree from Murdoch University in Australia and an MBA from the University of Notre Dame (Australia). The new appointment follows a series of strategic hires as part of the expansion FXSpotStream’s team. Long time R5FX head of technology Amar Vadher as Infrastructure and Connectivity Manager as part of the company’s recent…
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What does Exness think about this challenge? Exness Regional Director for MENA, Mohamad Ibrahim commented: We are proud to be a sponsor of such an event and very excited about this shift to the virtual world of networking. The situation with the pandemic calls for the need to adapt and innovate and we are great…
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Chan started his career at The Bank of East Asia in London, before relocating to Singapore with Rhicon Currency Management firm. He then joined Edgewater Markets based out of their Singapore office in 2015. After working in Singapore with BidFX as Technical Account Manager, he returned to the UK to re-join Edgewater Markets. Jerry Chan…
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OIL Brent has reached the threshold of $60 for the first time in more than a year with a mix of elements behind oil’s rally. First of all, expectation for a quick and full economic recovery of (albeit perhaps a little overly optimistic). Secondly, investors are expecting new economic stimulus measures from the US Government. The…
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