Category: Forex

Accuindex names Husein Al-Koofee executive director of Cyprus operations

November 24, 2020 BY Steffy Bogdanova

Accuindex names Husein Al-Koofee executive director of Cyprus operations

Husein Al-Koofee, the new Executive Director commented: I am excited to join Accuindex and lead the firms new Cyprus operations. Accuindex has a vision to take the online trading industry to new heights with a technologically focused approach to multi-asset online trading. I am looking forward to meeting the challenge of delivering some ambitious objectives…

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CFI Financial Group

November 23, 2020 BY Steffy Bogdanova

CFI brings its offering to over 1500 trading products

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury said: Providing our clients with broader access means allowing them to benefit from an increase in diversity and opportunities, a feat that is of utmost importance to us. At this point, CFI is among the few companies offering such a wide range…

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November 23, 2020 BY Steffy Bogdanova

Weekly forex data: vaccine hopes boost markets

Price has regained the 61.8% area of the daily Fibonacci fan as the main medium-term downtrend has resumed since the first week of November. Momentum has understandably been somewhat weaker around the critically important psychological support at Mex$20. A clear break to the downside would signal continuation lower, but the slow stochastic (15, 5, 5)…

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new appointment

November 23, 2020 BY Steffy Bogdanova

Grigoriy Kozin joins BCS Global Markets Prime Services as head of business development

Prior to joining BCS, Kozin spent over a decate at Sova Capital (ex. Otkritie Capital) in the firm’s business development and marketing department. Most recently, he served as as Director and Head of Prime Services and was responsible for Prime Brokerage, electronic execution, custody and clearing across Sova Capital’s multiple asset class offerings. Tim Bevan,…

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forex and crypto market analysis

November 23, 2020 BY Steffy Bogdanova

Daily Market News: Oil holds near 12-week high, with energy stocks soaring

What to watch Agilent Technologies: Laboratory instrument firm Agilent is up 30% year-to-date, including a 12.8% gain over the past three months. The firm delivers its latest set of quarterly earnings on Monday, after delivering significant earnings beats in the previous two quarters. Earlier in November, the firm announced that it has had a new…

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Swissquote and Integral extend a decade long FX partnership

November 23, 2020 BY Steffy Bogdanova

Swissquote and Integral extend a decade long FX partnership

Mohamed Hajibe, Head of Institutional Sales at Swissquote said: We have partnered with Integral for over a decade because we demand FX technology that can meet the high level of service our customers require, while allowing us to deliver our unique and differentiated FX offering to market. Hajibe added: The subscription model was an appealing…

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daily market analysis

November 23, 2020 BY Steffy Bogdanova

Daily market commentary: Strong gains for the pound versus both the dollar and the euro

OIL Stocks started the week in green in the early trading. In this still “risk on” scenario, the oil price is extending its gains. Investors are betting on the efficacy of the vaccine and with it, slowing numbers of coronavirus cases within a few months. These expectations – which of course will need to be…

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Banco de Crédito del Perú goes live on Edgewater Markets’ new trading platform

November 20, 2020 BY Steffy Bogdanova

Banco de Crédito del Perú goes live on Edgewater Markets’ new trading platform

Fernando Pinglo, Head of Sales and Trading at BCP commented: We are delighted to partner with Edgewater Markets. The customized solution they have delivered has been a real game changer for us. Providing a fully automated implementation of our proprietary pricing strategies, has allowed our traders and risk managers to optimize trade flows and further…

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Scenarios for 2021 inauguration, is there danger for the dollar?

November 20, 2020 BY Steffy Bogdanova

Scenarios for 2021 inauguration, is there danger for the dollar?

Markets generally seem to realise there is high likelihood of a disrupted and chaotic transition. More than a week after the result was beyond doubt, Trump has still refused to concede. Lack of commitment in some financial markets is one of the results: During a deadly global pandemic that has brought record low interest rates,…

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Acquisition

November 20, 2020 BY Steffy Bogdanova

Euronext shareholder vote supports Borsa Italiana acquisition

The acquisition depends now on the divestment of the Borsa Italiana Group as a response to the European Commission’s concerns and potential clearance decision for LSEG’s proposed acquisition of Refinitiv. The transaction also requires regulatory approvals in Italy, the United Kingdom, the United States, Belgium and France, a declaration of non-objection from Euronext’s College of…

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