Category: Forex

Collaboration
July 08, 2020 BY Steffy Bogdanova

Clearstream and LCH EquityClear team up for a new post-trade connection

Arnaud Delestienne, Head of Eurobonds at Clearstream, commented: This partnership demonstrates our continuous support for increased interoperability across the European post-trade landscape. Going forward, both LCH and Clearstream clients stand to benefit from operational risk reduction and increased market efficiency. This perfectly aligns with our services as issuer CSD, always offering best-in-class flexibility and investor…

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Deutsche Börse
July 08, 2020 BY Steffy Bogdanova

Deutsche Börse releases online analytics platform A7

Alexandra Hachmeister, Head of Market Data + Services at Deutsche Börse explains: Our innovative A7 platform offers market participants nanosecond-precise market data without the burden of their own data warehousing. It provides access to tailored metrics based on full depth order books, market data messages, reference data and other individual sources. Clients can quickly grasp…

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CFI Dubai appoints industry veteran Demetrios Zamboglou as Group COO
July 07, 2020 BY Steffy Bogdanova

Nidal Abdel Hadi becomes CEO of CFI Dubai

CFI Financial Group Founders Hisham Mansour & Eduardo Fakhoury commented: We are truly happy to see Mr. Hadi take on this new challenge. The GCC is a key market for the group and we are confident Mr. Hadi's appointment will help strengthen our presence further. We are also very happy to always promote dedicated and…

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StoneX Group announces stock ticker symbol change to SNEX
July 07, 2020 BY Steffy Bogdanova

StoneX Group announces stock ticker symbol change to SNEX

INTL FCStone announced its filling to the US Securities and Exchange Commission regarding the rebranding to StoneX earlier in May 2020. The company said that its old name, INTL FCStone, reflects the merger between International Assets Holding Corporation and FCStone Group from 2011. After operating with the same name for nine years, the board is…

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forex and crypto market analysis
July 07, 2020 BY Valentina Kirilova

Daily Market News: Stocks pull back after Monday surge, Uber shells out $2.7bn for rival food delivery service

What to watch Paychex: Human resource and payroll outsourcing firm Paychex reports its latest quarterly earnings today. The $28bn market cap firm’s share price is down 8.6% year-to-date, after a 30% surge over the past three months. Analysts are expecting an earnings-per-share figure of $0.60, and overwhelmingly favour a hold rating on the stock. How…

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partnership
July 07, 2020 BY Valentina Kirilova

TraderEvolution teams up with Velocity Trade to deliver its trading platform solution

Daniel Carter, Managing Director of Velocity Trade, commented:  TraderEvolution has built a very strong multi-asset trading platform. This enabled us to provide a unique offering to our customers mixed between listed securities and OTC products. The trading platform is cleverly designed in the back office, enabling us to easily integrate and manage the multitude of markets…

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July 07, 2020 BY Steffy Bogdanova

FXCM cuts minimum trade size on single stock CFDs

  The new offering will allow customers to easily scale in or out of positions or access stocks that would have previously been too expensive.     Apple (AAPL.us) Facebook (FB.us) Netflix (NFLX.us) Share Price* $366 $233 $471 FXCM Micronisation 1/10 1/10 1/10 Value of 1 FXCM Contract $36.6 $23.3 $47.1 Margin Requirement* $3.66 $2.33…

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