Category: Forex

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
July 30, 2020 BY Steffy Bogdanova

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution

Michael Muirhead, AIF, PPC, senior director said: The need for advisor designations and certification exams did not cease when we moved to a virtual world, forcing us to re-examine the proctoring process for clients. Through remote proctoring, clients can now take the certification exams from the safety of their home and meet ANSI National Accreditation…

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Acquisition
July 29, 2020 BY Steffy Bogdanova

Agricultural brokerage Matthews Group joins Marex North America

Marex recently appointed Ram Vittal as CEO of Marex North America following the firm’s February 2019 acquisition of the customer business of Rosenthal Collins Group (RCG). Vittal commented: We are very focused on expanding our North America business and are delighted to add the capabilities and deep experience of Craig and his team. The breadth…

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Sucden Financial
July 29, 2020 BY Steffy Bogdanova

Sucden Financial and FlexTrade Systems launch TY3 matching engine

Phil Kim, Head of eFX Sales, Asia-Pacific, commented: We are very excited to add our TY3 venue to Sucden Financial’s ever-expanding suite of eFX products, as well as for our partnership with FlexTrade. This launch underlines our continued commitment to enhancing our services within the Asia-Pacific region, even during these times of global uncertainty. Manish…

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Samtrade secures FCA and ASIC licences in expansion of its global footprint
July 29, 2020 BY Steffy Bogdanova

Samtrade expands global footprint and secures FCA and ASIC licences

Sam Goh, Founder and CEO, Samtrade FX commented: Since incorporation, ensuring trust and confidence in every trade has been central in everything that we do. These added layers of regulation – on top of the existing licences that Samtrade FX already holds, reinforces our commitment toward setting the highest possible standards in corporate governance, trading…

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daily market analysis
July 29, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index plunges to its lowest in more than 2 years

EUROPEAN SHARES  European stock markets continued their consolidation on Wednesday, following an Asian trading session without clear direction. Even if global fiscal and monetary stimulus provided investors with some sort of insurance against deeper market corrections, the current busy macro environment makes short-term market predictions very difficult for traders. The current lack of market directionality…

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lessons for traders
July 29, 2020 BY Valentina Kirilova

3 important lessons for traders of all levels

Emotional instability can manifest itself in both negative and positive emotion. For instance, if you make a mistake and lose money, the negative emotion attached to that loss can influence you to make all sorts of irrational decisions further on down the line. It can sap your confidence so that you become unable to pull…

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FXSpotStream
July 29, 2020 BY Steffy Bogdanova

Soc Gen goes live on FXSpotStream’s price streaming Service as its 15th liquidity provider

FXSpotStream reported 20% MoM ADV increase in June at USD 43.287 billion and June was their third highest month ever. Alex Dewhurst, Global Head of FX Sales Societe Generale stated: FXSpotStream’s cost-effective, transparent solution, as well as its impressive growth, were key drivers for us in providing liquidity using their Service. Their network is global,…

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forex and crypto market analysis
July 28, 2020 BY Valentina Kirilova

Daily Market News: New restrictions in place but vaccine prospects enter final stage trials

Airline stocks hit by quarantine news London-listed stocks started the week in the red, with the travel sector taking the market lower after the British government introduced a 14-day quarantine for travellers coming in from Spain.  In the FTSE 100, International Consolidated Airlines Group (IAG) fell 5.9% and Intercontinental Hotels Group closed 4% down. In…

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