Euronext makes executive appointment and confirms bid for Borsa Italiana LeapRate

September 14, 2020 BY Steffy Bogdanova

Euronext makes executive appointment and confirms bid for Borsa Italiana

The exchange also confirmed submitting a non-binding offer to London Stock Exchange Group plc to acquire Borsa Italiana but pointed out that there still cannot be certainty of a transaction. Euronext indicated that a potential combination with Borsa Italiana will create a strong player in continental European capital markets and Italy would be the largest…

September 14, 2020 BY Valentina Kirilova

Daily market commentary: Sterling recovers versus the greenback in early Monday trading

GOLD The gold price is slightly recovering following modest gains for stocks as investors look for new market movers. The macroeconomic calendar is not too busy today, while EUR/USD is also steady with the euro gaining just a few pips. The main scenario remains unchanged as bullion is still in a long-term bullish trend, while in…

September 14, 2020 BY Steffy Bogdanova

Luxembourg Stock Exchange adds Saxo Bank as trading member

Established in 1992, Saxo Bank A/S is a Danish regulated bank for online trading and investment, with a strong global presence. Around 125,000 trades per day are processed through its trading platforms, SaxoTraderGO,SaxoTraderPRO and SaxoInvestor. The bank is also LuxSE’s first Scandinavian-based trading member. Henrik Juel Villberg, Global Head of Trading & Market Access at…

September 11, 2020 BY Steffy Bogdanova

Market operator Euronext to acquire Borsa Italiana

The exchange announced in the beginning of August the completion of the settlement of shares under its offer from April to fully acquire the Danish Central Securities Depository, VP Securities. On 15 July 2020 Eruonext secured clearance from the Danish Financial Supervisory Authority for the acquisition. Euronext will consolidate VP Securities’ accounts in its financial…

September 11, 2020 BY Valentina Kirilova

Daily Market News: Stocks wobble as US stimulus is voted down

Morrison earnings disappoint while Games Workshop soars London-listed shares were close to flat yesterday, although they ended the day in the red. Sterling suffered another poor day, falling more than 1% against both the dollar and euro after the European Central Bank decided to hold fast on its current interest rate position. Morrison Supermarkets brought…

Brokeree Solutions launches Social Trading system

September 11, 2020 BY Steffy Bogdanova

Brokeree Solutions adds MT4/MT5 Dealing Desk to their risk management portfolio

For example, if there is a problem with market data and quotes are frozen for a specific symbol, dealing desk specialists might not detect an issue fast enough to prevent trade execution with off-market prices. In such cases, the Dealing Desk solution will automatically detect the problem and reject incoming requests for the frozen quote…

September 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TradeMax rebrands to TMGM, Forex Analytix and Forest Park FX launch portal TraderSummit.net

Online FX and CFD trading and cryptocurrencies provider FXCM announced the launch of the SMS Trading Alerts service to help users spot potential trading opportunities. The SMS Trading Alerts cover shares, forex, gold and many other tradable instruments at FXCM. Users can choose the instruments that they want to receive signals for and they will receive…

September 11, 2020 BY Valentina Kirilova

Daily market commentary: Europe becomes a virus hotspot again

EUROPEAN SHARES European benchmarks were little changed for the last trading session of the week as uncertainty continues. Although the ECB held its rates and provided investors with extended purchase programs (APP and PEPP) yesterday, no significant immediate impact has been recorded on stock prices as the move was already largely priced in. Christine Lagarde’s…

September 11, 2020 BY Steffy Bogdanova

USG moves its headquarters to London

In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and steady management, Union Standard International Group has been supported and trusted by millions of traders across more than 130 countries. The email continued: Until now, we’ve almost completed the restructuring process and reached 97% of…

September 10, 2020 BY Steffy Bogdanova

CFD Trading provider TradeMax rebrands to TMGM

In recent years TMGM has experienced major growth in the CFD trading space and solidified its commitment to investors. The expansion has also spread to the company’s team with the addition few new global members to service customers in more languages. TMGM’s new CMO, Angelo D’Alessio, is based in Sydney and is focused on implementing…

Category: Forex