What to watch Walmart: Supermarket giant Walmart has gained 28% in 2020 so far, as its status as a seller of essential goods meant it was able to keep stores open during Covid-19. The business has also had substantial success with its online efforts and has launched Amazon Prime rival Walmart+ this year. The firm…
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Peter Johnson, Director (Legal & Compliance) at DMA said: We selected SteelEye because we wanted to facilitate MiFIR reporting solutions for certain institutional clients using DMA services. When noting the offering also included Trade Surveillance and Best Execution, we decided to extend the services with SteelEye in order to take full control of our compliance…
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GOLD Gold is steady with no clear direction. The price has been affected by the general risk on scenario, which has boosted stock markets in the last few days. Investors are betting on riskier assets, reducing or at least not increasing their gold reserves. It is worth pointing out that bullion rebounded on the support…
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CLS’s Head of Information Services, Masami Johnstone, commented: After the surge in volume in September, daily traded volumes in October were subdued at USD1.71 trillion (-4.4%). Both FX spot and FX swap volumes declined compared to the previous month by 8.9% and 3.8%, respectively. The spot volume decline was notable for EURUSD, where there was…
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From a technical point of view, a retest of the 100% weekly Fibonacci retracement area, in other words full retracement of the dollar’s gains at the end of Q1 2020, looks likely sooner or later. Although volume has remained low since the middle of last week, the slow stochastic (15, 5, 5) has now emerged…
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Before joining CloudMargin, Platt provided information security and data protection consultancy services to a range of UK-based organisations through a firm he founded in 2018 called Privacy Beacon. His work included leading a UK government agency’s digital transformation project adopting “DevOps” methodologies, acting as Director of Cyber Security for digital consultancy Broadlight Global and creating…
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What to watch Palo Alto Networks: Cybersecurity has been an industry in the spotlight this year, as mass working from home and companies shifting to the cloud has necessitated an overhaul of security systems. Palo Alto Networks has gained 12% this year, taking its market cap close to the $25bn mark. The company delivers its…
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CCO Pavel Spirin said: Antonia is a strong addition to the Skilling team, bringing with her a solid foundation of how to drive customer engagement and market innovation. Her experience across both online and offline marketing channels combined with the technical aspects of the assets our platform provides makes her a perfect fit in a…
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OIL The general enthusiastic scenario is supportive for oil prices, which started the new week still in green. Markets are still in full risk on mode with investors betting on a vaccine and with it a relatively quick solution to the pandemic and this optimism is boosting oil. Sectors previously left behind, such as energy,…
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EPC clients switching to ActivTrades will not be required to pay any exit fees to ActivTrades if they decide to withdraw their funds. Additionally, these clients will qualify for up to £1,000,000 of insurance right away, covering client funds above the threshold provided by the FSCS and will benefit from the protection of their funds…
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