GOLD AND OIL All seems to be extremely calm as traders and investors wait to hear from Jerome Powell, Chair of the Federal Reserve, to try and understand if the US central bank is considering any tapering or has any concerns about the possibility of inflation in the next few months. In this scenario, gold…
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Julie Lerner, PanXchange Founder and CEO, said: I’m thrilled to be expanding our partnership with CQG to share our benchmark prices and fundamental analysis for these agricultural products. CQG is a leading provider of trading and risk management solutions to the largest trading and brokerage shops worldwide. We trust that our data will prove to…
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Jill Sigelbaum, head of FXall, Refinitiv said: The record-growth of options trading during one of the most transitional years for the trading sector validates the effectiveness of our platform to deliver seamless end-to-end trading solutions across all segments of the FX market. The addition of Optiver, a market-leader in options, builds on this commitment and…
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Brendan Foxen, Chief Technology Officer at CMC Markets commented: Over the last 10 years, our product offering, trades executed and volumes of data have grown considerably. Adopting AWS and using the highest levels of abstraction and native services allows us to develop our product offering with a far greater speed and richness of customer experience,…
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GOLD Uncertainty is the dominant theme on the gold market currently with bullion steady with little volatility as investors wait for a new market driver. After the fall in stock seen over the last few days, traders are trying to understand if this was only a correction of if the movie just started. Meanwhile, they…
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Christian Reuss, Head SIX Swiss Exchange, Markets, SIX commented: We are pleased to welcome Exane as a long-standing provider of innovative structured products among our issuers. By listing their products on our exchange they are offering investors an additional diversification opportunity. Julien Morizot, Head of Exane Derivatives Sales expressed his added: We have chosen to…
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The Israel-based gaming company’s filling with the London Stock Exchange stated that the consortium is making an offer of $200 million. Of that amount, $170 million will be payable on completion and around $110 million of the capital required to run the division will be transferred with the unit upon any sale. Playtech’s financial division…
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The addition of the MetaTrader 5 platform happens at the same time as the introduction of futures and shares to the products available for traders. The new trading options include VIX, Gold, Brent and WTI as well as single stock shares from Louis Vuitton to Amazon. Al Kurdi added: As with all our new products,…
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From a technical point of view, the time appears to have come for another leg up by AUD. The consolidation for the past two weeks has taken price out of overbought and brought it close to the 38.2% area of the weekly Fibonacci fan. Volume remains relatively low, though, so waiting for a key event…
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OIL Uncertainty is dominating early trading, after a weekend which showed that vaccines are proceeding slowly. Meanwhile, indices are trying a difficult, and so far inconsistent, rebound. Oil is following stocks and is showing a modest gain, which brought WTI back to the resistance level at $52.70. From a technical point of view, a clear break…
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