Barry Flanigan, Head of Distribution and Liquidity, IS Prime commented: A number of our clients use FDC as a front-to-back solution and it is important for us to connect with the platforms our clients choose to use. Condor FX Pro is a relatively new platform which is rapidly gaining traction globally and this partnership will…
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What to watch Cintas: Uniform and business supplies firm Cintas has added 28.6% to its share price year-to-date. While mass work from home has reduced demand for some of its services, it has led to a surge in demand for cleaning and disinfectant supplies. The firm delivers its latest set of quarterly earnings today, where…
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OIL The oil price was hit by the risk off seen on markets in the last 36 hours. Growing fears about the new UK variant of the coronavirus, generated a sell off on both European stocks and oil. For WTI we have a quite significant support zone between $46.50 and $47 per barrel, which triggered…
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The pound’s fall today has been quite dramatic on the chart, with none of the 50, 100 or 200 SMAs providing any clear support. However, buying volume has been unusually high for the time of year so far today, so there is clearly some demand to push sterling back up toward the value area at…
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Samer Mourched, Group Chief Operating Officer, commented: We are pleased to have Ahmad Al-Alem join our team as Regional Sales Director. I am confident that through his dynamic approach he will excel in his new role and will ensure strong coordination amongst our sales teams. His wide-ranging experience will allow us to better serve our…
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What to watch Heico: Aerospace and technology firm Heico has added 16.6% to its share price year-to-date, taking its market cap to $16.9bn. The company reports earnings for the three months ended October 31 on Monday, after beating estimates in each of the past four quarters. Last week, the firm announced an increase in its…
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Newly certified Exinity employees have shared their experience with the preparation stage, the challenges and the benefits. Alexander Anokhin, Head of Global TPA: I prepared for the certification after work. In total, it took two weeks. The MetaTrader 5 built-in help includes all the necessary information. I spent a lot of time installing and configuring…
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GOLD As markets scramble back to risk-off strategies, the gold price continues to rally. Bullion finished last week close to $1,900, pulled up by new stimulus from central banks and expectations for new measures in the upcoming months. News of the latest UK Covid variant has given further fuel to the precious metal recovery. From a…
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Michael Spencer commented: Tradefeedr is a really promising financial technology business, with the right combination of technical knowhow and market wisdom and I am very pleased to be able to back it at this stage in its development. I believe they have an excellent product and I wish Seth, Balraj and Alexei every success. Tradefeedr…
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Executive Director of M4Markets Deepak Jassal commented: We are very keen on investing in cutting-edge technology as it enhances our clients' trading experience. MetaTrader 5 features advanced capabilities and is celebrated as one of the best trading platforms for both beginners and advanced traders, so naturally, we wanted to incorporate it into our offering. We…
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