Nasdaq Composite continues to add gains Of the three major US stock indices, the Nasdaq Composite was the winner on Monday, adding 1% to take its year-to-date gain to 24%. The S&P 500 was also in the green, but the Dow Jones Industrial Average fell 0.3%, dragged lower by 2% plus losses from names, including…
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Centroid’s technology provides its clients with sophisticated risk management services and real-time analytics derived from extensive industry knowledge during a time of fluctuating market conditions. FXCM Pro’s clients will now have access to Centroid’s all-in-one suite of trading technology to manage and monitor risk, optimise execution, and observe regulatory requirements through automated reporting from a single framework. FXCM Pro’s clients will have access to one of the latest and most…
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CLS’s Head of Information Services, Masami Johnstone, commented: Consistent with the summer holiday season, we saw subdued levels of average daily traded volumes in July 2020. Daily traded volumes were USD1.66 trillion, down 7% from June 2020, comprising FX swap volumes of USD1.191 trillion (-3.6%), forward volumes of USD80 billion (-20%) and spot volumes of…
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From a technical perspective, the uptrend is still active here although momentum has been somewhat lower since last week. The focus of this chart is the 50 SMA from Bands, coming just above the 50% zone from the daily Fibonacci fan. Currently there’s no sign of overbought from either Bands (50, 0, 2) or the…
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EUROPEAN SHARES European share markets started the week on a mixed note as the "wait and see" trading stance continues ahead of a busy week. Stimulus measures and the US-Sino relationship remain the biggest market drivers at the moment and investors were slightly disappointed to see trade talks between Washington and Beijing, initially planned for…
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UK indices lower as markets baulk at new travel restrictions The FTSE 100 and 250 indices were led lower on Friday by travel stocks which sold off thanks to fresh quarantine impositions on six countries, including the UK’s number two destination, France. Fresh quarantine rules means travellers returning from France will have to quarantine at…
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The broker also added Honeywell International Inc. to its growing list of CFD products. Honeywell International is widely known as a defence contractor operating in the aerospace sector but also offers a wide variety of products in building technologies, safety and productivity, and the performance materials and technologies segment. The company recorded triple-digit growth in…
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The expanded pilot program does not have set time yet but policy framework should be complete by the end of 2020. The development of the digital currency electronic payment (DCEP) in China began in 2014, much before other global monetary regulators. China's initial real-world trial of its CBDC was scheduled for Shenzhen in the end…
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Chris Theodorou, Centrum Market’s CEO commented: We are extremely pleased to be offering this premium service to our clients. This is yet another step towards fulfilling our promise of operating using a customer-centric philosophy and proves that Centrum Markets, as an STP broker is indeed on traders’ side. The addition of Trading Central’s services will…
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International multi-asset broker HotForex has expanded its offering with the launch of exchange-traded funds (ETFs) and direct market access (DMA) stocks, exclusive to the company’s MT5 platform. Traders on HotForex can now benefit from CFDs on DMA Stocks and the direct market live pricing. Unlike CFDs on Stocks, which are not directly hedged in the underlying…
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