When the going gets tough, the tough get going, or so it seems with Deutsche Bank. The troubled German titan on the global banking scene had no sooner filled one of its major profit centers with a new pedigreed foreign exchange trader and specialist than the fellow up and quit without explanation. Ernesto Mercadente no…
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CFH Clearing, TradeTech Group’s liquidity provider and Prime of Prime brokerage has just announced that it has teamed up with Noor Capital, a UAE-based regulated financial institution and will now focus exclusively on institutional clients and professional traders across the Middle East. The partnership will redefine institutional liquidity for the region by coupling CFH’s multi-asset…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 17, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound is down by 0.8% against the dollar with investors reacting to reports that Boris Johnson is planning a law to prevent an extension of the post-Brexit…
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CySEC regulated brokerage company XSpot Markets (EU) Ltd., has just announced that it has teamed up with innovative brokerage technology company TraderEvolution Global. The firm will deliver its multi-market trading software suite to enable access to a true multi-asset offering. XSpot Markets will be using a multi-market trading software tailored for brokers and banks and…
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Forex trading platform developer MetaQuotes has announced yesterday that it has partnered with the KYC/AML provider Sumsub (Sum&Substance). The trading platform integration with the Sumsub KYC service will enable the validation of client personal data and documents with one click. The new functionality now provides further automation of client onboarding procedures for MetaTrader 5 brokers and the…
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The Sydney Stock Exchange (SSX), Australia’s alternative tier-one listing venue, has today announced its new CEO, Michael Go. The exchange has also accepted its first listing applications from Australian cleantech energy company AGEO Resources and Australian medical technology company ANNSCA Medical. Michael Go joins the SSX from an international career in finance. He said the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 16, 2019. Sports Direct has reported this morning that its profits have more than doubled as its resurgence continues. The group, which is rebranding as Frasers Group following the takeover of House of Fraser, said reported…
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Globalization is often spoken of as a major sea change over the past four decades or more. Technology and telecommunications advances have made the world a more connected commercial marketplace, more so than ever before in the history of mankind. The process has redistributed wealth across the planet, cut global poverty in half, and made…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 16, 2019. This is not a trading advice. See details below: FOREX The euro started the week on the front foot, reaching 1.1150 against the US dollar, after good news on the trade front. US trade representative Robert Lighthizer stated…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of November 2019. The average daily traded volume submitted to CLS was USD1.61 trillion, down 10 percent from USD1.79 trillion in October 2019. Average daily traded volume submitted to CLS by…
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