Category: Forex

WFE reports 41% of exchanges have initiatives that correspond to the five Sustainability Principles
July 15, 2020 BY Steffy Bogdanova

WFE’s Sustainability Survey reports growing investor demand for ESG disclosure

The key findings of the WFE survey include: Exchanges continue to develop sustainability efforts through the WFE Sustainability Principles. Among the exchanges participating in the survey, 41% had initiatives that correspond to all five Sustainability Principles. Almost 90% of the exchanges saw investor demand for ESG disclosure, of which 29% believed demand to be extensive.…

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FMA warning
July 15, 2020 BY Steffy Bogdanova

StarkMarkets and Libra Markets appear on FMA warning list

The New Zealand watchdog found that Stark Markets appears to not be a registered financial service provider in New Zealand. The British Colummbia Securities Commission of Canada found that the website https://starkmarkets.com and its associated entities are named as “StarkMarkets, operated by SWISSGEMS Ltd. and Krisimark Ltd”. FMA also discovered that Libra Markets is not a registered…

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forex and crypto market analysis
July 15, 2020 BY Valentina Kirilova

Daily Market News: Vaccine hopes spur markets on

Ocado UK sales grow 27% on back of pandemic The FTSE 100 was close to flat yesterday, while the FTSE 250 sank back 1.2% with its year-to-date loss now well past 20% again. In earnings news, online grocer Ocado reported earnings for the six months ended May 31. The firm delivered a pretax loss of…

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appointment
July 15, 2020 BY Steffy Bogdanova

First Derivatives appoints Thomas Seifert as non-executive director

FD’s strategy for business growth will be supported by the appointment of Seifert. His board sector experience will assist the company’s efforts to advance the adoption of the Group’s Kx streaming analytics technology platform in sectors adjacent to and outside of its capital markets heritage. Thomas Seifert commented: FD is an exciting company with market-leading…

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daily market analysis
July 15, 2020 BY Valentina Kirilova

Daily market commentary: Reports of successful tests for a coronavirus vaccine enhance global appetite for risk

EUROPEAN SHARES  European shares continue to trade higher on Wednesday, alongside Asian equities and US Futures, as vaccine hopes keep on fuelling the market’s current bullish sentiment. Moderna’s promising results from its vaccine trial have helped sustain market sentiment today, and this optimism even offset new cases of the virus spotted around the world. However, the…

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CLS Group trading volumes
July 14, 2020 BY Valentina Kirilova

CLS volumes up 20% MoM in June

CLS’s Head of Information Services, Masami Johnstone, commented: June 2020 saw a recovery in average daily traded volumes in comparison to May. The elevated level of volume continued throughout June, which is a contrast to the relatively quiet period seen between mid-April and the end of May following the extreme volatility in March and early…

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Collaboration
July 14, 2020 BY Steffy Bogdanova

Equiti Capital and FXCubic partner for liquidity solutions

CEO of FXCubic, Ege Kozan commented: It’s always an honour to partner with a leader in the financial markets and I can say confidently that Equiti Capital is just that. A trusted broker with reputable licensing and an impressive global clientele, Equiti Capital is the kind of partner we hope to transform the fintech landscape…

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