B2Broker to offer oneZero Platform in Belarus LeapRate

May 12, 2020 BY Steffy Bogdanova

B2Broker to offer oneZero Platform in Belarus

The next integration allows brokers to connect the OneZero hub with B2Broker’s UI. A fully customizable UI with dynamic widgets and multiple workspaces is also currently in progress. B2Broker also offers integration with its cryptocurrency payment gateway, b2binpay.com. The crypto payment provider B2Binary offers enterprise wallets solutions for Margin Exchanges, Spot Exchanges and Crypto Brokers,…

May 12, 2020 BY Steffy Bogdanova

Refinitiv and the Bank of China team up for AI innovation in FX trading

The Bank of China and Refinitiv have teamed up to launch DeepFX, a FX price prediction app. DeepFX is an Eikon app that leverages Refinitiv’s data, improving the Bank of China’s Digital Asset Management Department’s FX AI model. The ‘Liter’ version of the app is free with subscription to Eikon. Traders or FX researchers can…

May 12, 2020 BY Valentina Kirilova

Daily Market News: New Wuhan cases prompt fears of second wave

UK stocks flat after lockdown guideline confusion Both large cap and mid cap London-listed stocks posted a near flat day on Monday, after a confusing day in which the Prime Minister was forced to put out a substantial clarification about the advice he provided on the lifting of lockdown measures over the weekend. His statement…

May 11, 2020 BY Valentina Kirilova

Weekly data preview: markets await inflation and GDP data

Key data points Bold indicates the most important releases for this symbol. Tuesday 12 May, 1.30 GMT: Chinese annual inflation (April) - consensus 3.7%, previous 4.3% Tuesday 12 May, 12.30 GMT: American annual core inflation (April) - consensus 1.7%, previous 2.1% Tuesday 12 May, 12.30 GMT: American annual inflation (April) - consensus 0.4%, previous 1.5%…

May 11, 2020 BY Steffy Bogdanova

Financial industry veteran Thomas Barkhuff joins CLS as Chief Information Officer

Before joining CLS, Barkhuf served as a Chief Technology Officer of the Finance and Insurance Group at the IT and business consulting services firm CGI. There he was head of the global software engineering team and overseeing the company’s finance and insurance products. Barkhuf has over 30 years of experience in the financial services industry.…

May 11, 2020 BY Steffy Bogdanova

CoinShares acquires and rebrands GABI Trading

CSCM has supported the Group’s products under the brand of XBT Provider and the firm’s actively managed family of funds, while also setting up proprietary trading strategies. CSCM clients trade alongside the firm and benefit from best-price execution. Jean-Marie Mognetti, CoinShares CEO and head of CoinShares Capital Markets commented: With their deep expertise in trading,…

May 11, 2020 BY Valentina Kirilova

Daily market commentary: More than 20 million jobs lost in the US during April

EUROPEAN SHARES Despite a mixed trading session in Asia, EU share markets ticked higher on Monday as investors digested reassuring virus updates from Italy, France and the UK. Investors who were already betting on the recovery were pleased to see these three European countries registering their lowest death rates since March, ahead of lockdown easing…

May 11, 2020 BY Steffy Bogdanova

Gain Capital’s April trading volumes drop by over 50% MoM

The average daily volume OTC trading dropped by 51% MoM with $8.6 billion, compared to March when it was 17.7%. Futures contracts amounted to 567,189 in April, a 19.2% MoM drop compared to 701,820 last month. The retail FX brand of Gain Capital Holdings Inc, Forex.com's Japanese business reported that on 14 April 2020 its…

May 11, 2020 BY Valentina Kirilova

Daily Market News: Markets point higher as lockdown rules are tweaked in UK

FTSE climbs despite Bank of England warning UK markets were closed on Friday for a public holiday, but the FTSE 100 gained more than 3% between Monday and Thursday, while the FTSE 250 had a positive but more pedestrian week. The shortened week ended on a high, with the FTSE 100 gaining 1.4% on Thursday…

PrimeXM reports almost 6% MoM decrease in December trading volumes

May 11, 2020 BY Steffy Bogdanova

Prime XM reports over 20% MoM decrease in trading volumes for April

XAUUSD fell to 4th position from its number one traded instrument in March, due to disruption of the supply chain of the physical commodity. Trading volume in Spot Gold dropped more than 60% MoM to $88.74 billion. EURUSD amounted to 17.92% of all volume in April and major US indices picked up in volumes due…

Category: Forex