Category: Forex

FMA warning
October 07, 2020 BY Steffy Bogdanova

Royals FX added to FMA warning list

CTX Prime Associated individuals: RMD Developments Limited, located at 8 Copthall, Roseau Valley 00152, Commonwealth of Dominica Website: www.ctxprime.com Address: Emaar Business Square Tower 2, Downtown Dubai Phone: +442080898491 Email: [email protected]; [email protected] The FMA noted that the Comision Nacional Del Mercado De Valores in Spain has issued a public alert about CTX Prime and RMD Developments…

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forex and crypto market analysis
October 07, 2020 BY Steffy Bogdanova

Daily Market News: Stimulus hopes fade as Trump ends talks

What to watch RPM International: Specialty coatings and building materials firm RPM, which has an $11bn market cap, has gained 9.9% in 2020, including an 11.5% rally in the past five months. That caps off a 2019 which saw the company grow its share price by almost 30%. Today, the company will deliver its latest…

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daily market analysis
October 07, 2020 BY Steffy Bogdanova

Daily market commentary: The dollar continues to behave as a barometer of the markets’ risk appetite

EUROPEAN SHARES European indices ticked higher on Wednesday, continuing the trend registered in Asia overnight, as investors’ risk appetite accelerates. The fact that President Trump has said to be in favour of alternative stimulus measures as well as a new support plan for the airline sector is boosting market sentiment and offsetting this morning’s disappointing…

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collaboration
October 06, 2020 BY Steffy Bogdanova

Ballinger & Co adds Barclays as its principal banking partner

Jenni Himberg-Wild, Head of Team - FinTech and PSPs Coverage at Barclays Corporate Banking said: We are very pleased to be working with Ballinger, as they provide their innovative Foreign Exchange offering to the market. We’ve worked closely with their senior management over recent months, and look forward to continuing to build a strong relationship…

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Acquisition
October 06, 2020 BY Steffy Bogdanova

StoneX completes acquisition of GIROXX GmbH in Germany

With the acquisition now finalized, StoneX’s Global Payments Division can extend its business to small-to-medium sized corporations in addition to serving a customer base of NGOs, financial institutions and corporates. These services allow SMEs to remain competitive by enabling efficient liquidity planning and ability to scale their business globally by processing international payments quickly and…

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Devexperts taps Denis Kozlov for VP of business development in Cyprus
October 06, 2020 BY Steffy Bogdanova

Devexperts appoints Denis Kozlov as VP of business development in Cyprus

Kozlov’s professional background allows him to analyse and consult on a full brokerage trading software infrastructure, helping brokers grow their businesses by having a white-label solution to a fully owned trading platform and manage only necessary 3rd party integrations. Michael Babushkin, CEO of Devexperts said: Devexperts is known for being dedicated to consulting and providing…

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forex and crypto market analysis
October 06, 2020 BY Steffy Bogdanova

Daily Market News: Trump departs hospital, markets eye stimulus deal

What to watch Paychex: Small business human resource, payroll and benefits outsourcing firm Paychex’s share price is close to flat year-to-date, lagging the broader market, as widespread unemployment puts its business model under pressure. The company delivers its latest quarterly earnings update on Tuesday, with Wall Street analysts expecting an earnings per share figure of…

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daily market analysis
October 06, 2020 BY Steffy Bogdanova

Daily market commentary: The Dollar Index is almost flat

EUROPEAN SHARES Monday’s optimism on President Trump’s improving health conditions as well as hopes of further stimulus from US lawmakers recently had an important bullish impact on both US and Asian stock markets, however, this sentiment isn’t continuing in Europe today after benchmarks opened mixed. While many investors welcomed the good news from the US,…

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