Category: Forex

Collaboration
October 23, 2020 BY Steffy Bogdanova

Finastra and CloudMargin team up to deliver collateral management as a service

Stuart Connolly, CEO of CloudMargin commented: We’re delighted to provide the technology for this critical component of Finastra’s offering. The integration of our collateral management workflow tool into Finastra’s treasury and capital markets solutions creates a strong value proposition to support the full range of needs – from front to back office – of its…

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CLS Group trading volumes
October 22, 2020 BY Steffy Bogdanova

CLS reports steady volumes MoM in September

CLS’s Head of Information Services, Masami Johnstone, commented: Daily traded volumes in September were up sharply (+8.2%) versus the previous month, at USD1.79 trillion. This comprised FX swap volumes of USD1.25 trillion (+5.2%), forward volumes of USD108 billion (+40.3%) and spot volumes of USD427 billion (+11.2%). Compared to September 2019, FX swap volumes were down…

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daily market analysis
October 22, 2020 BY Steffy Bogdanova

Daily market commentary: Gold spot price rallied to $1,932

GOLD Gold spot price rallied to $1,932 as expectations of further monetary stimulus initially grew in the US, before easing down back to $1,915 after doubts over an imminent deal emerged. From a technical point of view, there has been an interesting assault to the resistance level at $1,930/1,932, but that level remains firm so…

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Toronto Stock Exchange adds cloud-based software provider Dye & Durham
October 22, 2020 BY Steffy Bogdanova

Two new directors join TMX board

Tessier has deep financial expertise. He currently serves as Chief Financial Officer at Alimentation Couche-Tard Inc. Tessier has previously held senior leadership positions at Sobeys Inc., Provigo and Costco. He holds a Bachelor degree in Accounting from the Université du Québec à Montréal and is a member of the Canadian Institute of Chartered Accountants. Charles…

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CAPEX.com receives an industry award
October 22, 2020 BY Steffy Bogdanova

CAPEX.com receives an industry trophy

In its operation in accordance with the Markets in Financial Instruments Directive (MiFID II) of the European Union, CAPEX.com supports robust regulatory environment. It adheres to The European Securities and Markets Authority (ESMA) regulatory framework and ensures investors’ protection, while increasing transparency and efficiency in trading the financial markets. Additionally, its technologies and top tier…

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CFI Financial Group
October 21, 2020 BY Steffy Bogdanova

CFI Financial Group announces full migration to MetaTrader 5

CFI upgraded to MT5 from MT4 with new futures including: Expanded technical tools (38 indicators, 44 analytical objects, 21 timeframes and an unlimited number of charts) New order types Ability for hedging and netting More powerful and efficient programming language A true multi-asset future-proof platform Depth of Market Built-in economic calendar Founders and Managing Directors…

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daily market analysis
October 21, 2020 BY Steffy Bogdanova

Daily market commentary: Stocks drifted lower on Wednesday

EUROPEAN SHARES Stocks drifted lower on Wednesday, despite bets on further US stimulus driving most Asian stocks and US Future contracts higher overnight. Investors were pleased to see the US House of Representative speaker Nancy Pelosi maintaining her “hopes” of a compromise on the next stimulus plan before the end of the week. However, while…

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