ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 10, 2020. This is not a trading advice. See details below: FOREX The yuan gained more than 0.25% to the US dollar, following the publication of positive Chinese inflation data and the return to work of millions of workers. The Lunar New Year…
Read more
Multi-asset trading and investment firm Saxo Bank has announced earlier today that it has appointed Stig Christensen as its new Chief Sales Officer. Christensen is not new to Saxo, as he has served as Chief Human Resources Officer at the company since 2016. Kim Fournais, founder and CEO, commented on the news: We are very…
Read more
Australia-based FX and CFD trading provider AxiCorp has earlier this week announced that it will acquire the UK-headquartered trading technology firm Star Financial System. The cash-based deal will include Star’s technology, staff, operations and licenses, but it does not necessarily represent a signal for radical change. AxiCorp’s CEO Rajes Yohannan noted in a statement that…
Read more
Financial Conduct Authority (FCA) announced the addition of Jeannette Lichner and Bernadette Conroy to its board, starting April and August, respectively. The new members will join the FCA for a three-year- term. Having held senior leadership positions in a number of financial organizations, Lichner has vast experience in international financial services. Currently, she serves as…
Read more
XOH Trader, the trading platform provided by X Open Hub, has just been updated. The regulated London based fintech company introduces new feedback-based trading features. Some of the newly added features include fingerprint and passcode unlocking methods, an option to edit positions from a chart, turning off weekend candles in chart settings, and more. The detailed list of changes…
Read more
CME Group announced yesterday Bryan Durkin’s resignation as President of the company. Durkin will step down in May this year and will serve as a special advisor to the company and report to CME Group Chairman and Chief Executive Officer Terry Duffy. CME’s board of directors has put Durkin forward for election to the board…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 7, 2020. Burberry sent a chilling warning to investors this morning in an unplanned announcement which revealed the impact the coronavirus is having on the ground in China. The group said the outbreak of the coronavirus…
Read more
Software investor Hg just announced that it plans to acquire stakes from Keensight Capital and Pléiade Venture in multi-asset electronic trading solutions company smartTrade Technologies. smartTrade’s liquidity management solutions enable financial institutions to develop and run high-performance trading platforms throughout the world. David Vincent, CEO & co-Founder, as well as the smartTrade management team will remain…
Read more
ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 7, 2020. This is not a trading advice. See details below: GOLD The US dollar is still by far the strongest currency on the FX market, with the euro/dollar recently reaching a 4-month-low. Despite this, the gold price is showing good resilience, holding…
Read more
The Exness Group has just announced that its trading volume for the month of January is US$417.7 billion. The company reported that this is the highest month since its creation back in 2008. LeapRate reminds that by the middle of 2014 the Exness Group clients' monthly trading volume was more than 180 billion USD and…
Read more