Swissquote posts revenue expectations of CHF 315 million, 5% higher than previous forecast LeapRate

January 14, 2021 BY Steffy Bogdanova

Swissquote posts revenue expectations of CHF 315 million, 5% higher than previous forecast

Swissquote provides financial services to retail and institutional traders, offering a range from trading with forex to CFS to stock and cryptocurrency CFDs. The company revised its outlook for the year for a second time. The first time was in August, when Swissquote posted its first half of the year results. Swissquote reported operating revenues…

January 14, 2021 BY Steffy Bogdanova

Broadridge partners with AI company Fligoo for predictive analytics

Lucas Olmedo, CEO of Fligoo commented: We’re excited to leverage Broadridge’s extensive wealth management expertise, insights and data to develop software that can create genuine innovation in the wealth management industry. We have condensed the expertise acquired on hundreds of use cases in multiple industries into a product that has the power to augment the…

January 13, 2021 BY Steffy Bogdanova

ActivTrades adds commission-free equities trading to its offering

Traders will also be able to take advantage from so-called fractional trading, which allows them to buy a fraction of a certain share. This will enable smaller players to gain without having to overcommit their available capital. For instance, an individual can buy 1/100th of an Amazon share, costing around $30 rather than a full…

January 13, 2021 BY Steffy Bogdanova

MAP S.Platis obtains two Electronic Money Institution licenses from Central Bank of Cyprus

He added: At MAP S.Platis, we have been involved in this industry for over a decade now and remain fully committed to continue supporting it, leveraging on our teams extensive technical knowhow and multidisciplinary and deep expertise. We have worked hard to ensure all applications are successful and we are thankful to the CBC for…

January 13, 2021 BY Steffy Bogdanova

Daily market commentary: The pound is recording gains versus the dollar and the euro

EUROPEAN SHARES European shares fluctuated on Wednesday, following a mixed trading session in Asia where Chinese stocks slid lower while Tokyo outperformed. Even if the Fed tried to reassure investors yesterday by providing them with a harmonized dovish reaction from all governors, the lack of market directionality today reflects the uncertain market sentiment. Market volatility…

January 12, 2021 BY Steffy Bogdanova

Daily market commentary: The US dollar is taking a break after several days of gains

OIL Oil is continuing its recovery, with WTI getting closer to $53. The modest decline seen in early trading yesterday was just a temporary break and the barrel remains in a supportive scenario. Investors are betting on the continued recovery of global demand over the next few months after a difficult 2020. The cuts announced…

January 12, 2021 BY Steffy Bogdanova

Former CFH CEO Marc Levin joins United Fintech

Marc Levin added: I am delighted to be working with Christian again – he always challenges me and encourages me to ‘think big.’ I am hugely motivated by the opportunity to facilitate banks and financial institutions in their transition to a digital world, accelerating their implementation of innovative software for capital markets. Levin continued I…

January 12, 2021 BY Steffy Bogdanova

Turkish investment bank IS Investment extends partnership with Integral

Cuneyt Akdemir, Manager at IS Investment’s International Capital Markets Department said: Through challenging times such as the SNB flash crash, we have experienced firsthand how valuable it is to have a high level of customer service supported with the customizable technology of Integral. By allowing us to scale our business in areas such customized FX…

January 12, 2021 BY Steffy Bogdanova

Stuart Brock joins oneZero as Head of Institutional Sales, UK and Continental Europe

Andrew Ralich, Co-Founder and CEO of oneZero said: We are delighted to welcome Stuart to our team. His experience and business knowledge will be an asset to our current and future clients as they transform their businesses with oneZero. This new hire comes as oneZero continues to imrpove its institutional offering, with new features being…

January 11, 2021 BY Steffy Bogdanova

Weekly forex data: inflation in view

From a technical perspective, support around $1.35 has yet to be clearly broken. Despite the recent movement below both the 50 and 100 SMAs, selling volume remains low this week so far and we now have clear oversold signals from both the slow stochastic (15, 5, 5) and Bollinger Bands (50, 0, 2). Both of…

Category: Forex