FCA regulated institutional FX and CFDs broker, Global Market Index Ltd (GMI UK) has just announced that it has partnered with Takeprofit Technology to distribute FX, CFD and Crypto liquidity to mutual partners. GMI UK have been committed to growing their Institutional business, partnering with a number of tech vendors such as Gold-I and One…
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BDSwiss Group has announced, during its 6th annual kick-off meeting, its expansion plans for 2019 and the opening of new offices in the Philippines. The BDSwiss Group has seen a 136.67% growth in trading volume during 2018, compared to 2017 according to data presented. There also was a substantial increase of 210.05% in the total…
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Dukascopy today revealed that it had initiated the live trading of 3 additional soft commodities (cotton, coffee, and orange juice), which it had promised on 26 February 2019. The complete list of the soft commodities currently available to Dukascopy clients is: Cotton (COTTON.CMD/USX) Coffee (COFFEE.CMD/USX) Orange Juice (OJUICE.CMD/USX) Sugar (SUGAR.CMD/USD) Cocoa (COCOA.CMD/USD) Dukascopy Bank allows…
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INTL FCStone Inc. (NASDAQ: INTL) just informed that its Singaporean subsidiary INTL FCStone Pte Ltd (IFP) is about to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited. Greg Kallinikos, Deputy CEO, Asia, commented on the acquisition: Adding such a well-established, Asian-focused…
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End-to-end customer analytics company Stratifyd just announced that it has added Shannon Ayers to its team as its new Chief Financial Officer. Ayers will be responsible for the financial forecasting process, and will oversee the preparation of financial reports. Shannon Ayers has over18 years of experience providing financial leadership to companies such as ASC Volvo,…
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The provider of big data analytics to financial institutions RavenPack just launched a new portfolio ranking tool based on sentiment factors. The new tool provides on-demand ranking of more than 50,000 companies and aims to help financial professionals build stronger portfolios. Users will now be able to create lists of positive or negative sentiment stocks…
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CFH Clearing, TradeTech Group’s Liquidity Provider and Prime of Prime brokerage, just announced that it has promoted Paul Groves to its newly created role Head of European Sales. Paul Groves has been working in sales at CFH Clearing for 9 years. Groves will report directly into CFH Clearing’s CEO, Matthew Maloney. CFH Clearing recently announced that Marc…
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Deutsche Bank and Commerzbank revealed on Sunday that they were in merger talks, which confirmed the rumors that had circulated hinting at the merger. The announcement did not come as a surprise given the manner in which Deutsche Bank has struggled since the 2008 financial crisis. However, the announcement triggered concerns by labor unions about the likelihood that…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: On Thursday, the British House of Commons voted again on the British Prime Minister to submit a new Brexit amendment. If it is rejected again, the Prime Minister must extend the deadline for the European Union to leave the…
Read moreIt was one more week of churn, as the Brexit train hurdled down the track to who knows where. Even after two years of divisive debates, we seem no closer to a final decision. The options remain: delay, leave, or stay, with the latter looking dimmer everyday. The March 29 deadline is fast approaching, however,…
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