Advanced Markets collaborates with Takeprofit Tech LeapRate

August 15, 2023 BY Elizabeth Anderson

Advanced Markets collaborates with Takeprofit Tech

The integration of Takeprofit Liquidity Hub with Advanced Markets Group's robust Liquidity Pool will create a powerful ecosystem, granting traders, brokers, and financial institutions broader access to financial instruments and, therefore, the ability to optimize their trading strategies. The key highlights of this partnership include: Expanded Liquidity Pool: Retail Forex brokers using Takeprofit Liquidity Hub…

Market commentary and analysis from Clifford Bennett

August 11, 2023 BY Elizabeth Anderson

Market analysis: is inflation now under control?

For the month, both headline and core inflation were steady at 0.2%. This is more encouraging, but again there are pipeline price pressures still in the system. With a potential inflation surge globally possible, a very real risk, given the volatility and recent gains in some energy and food markets of late. It is also…

August 11, 2023 BY Elizabeth Anderson

Robinhood defeats meme stock frenzy appeal

At the time, customers owning stocks such as AMC Entertainment, the previous Bed Bath & Beyond, and Gamestop, claim they lost money because Robinhood prohibited these stock buys as social media activities caused prices to skyrocket. Other stockholders claimed the restrictions caused price drops. Investors using online stages such as Twitter and Wall Street Bets…

August 10, 2023 BY Elizabeth Anderson

Coinbase steams ahead with blockchain launch

Experts opine that, besides creating a profitable flow of revenue from applications associated with this initiative, Base will, in all likelihood, allow this prominent US crypto trader to stockpile fees from administering its own blockchain. When delving back into Coinbase’s history, this move seems to be a part of an overall plan. In 2016, Coinbase…

August 10, 2023 BY Elizabeth Anderson

Equinix expands footprint in India with a fourth data centre

The country’s growing digital economy, which is expected to reach a notable $1trn by 2026, spurred this move. Research conducted by JLL, an international leader in commercial real estate and investment management, showed that the Indian data centre sector reached 637MW during the first half of 2022, with an expected growth of up to 1,318MW…

Coinbase Advanced partners with Coinrule for AI-automated trading

August 09, 2023 BY Elizabeth Anderson

Coinbase plans to buy back corporate bonds

Citigroup Global Markets will handle this offer, which follows a tiered structure that rewards early engagement. This entails a premium of $645 for every $1,000, or 64.5 cents per dollar, of a bond’s value for those selling their bonds before 18 August 2023. The deal includes a special early-tender premium of $30. Don’t miss out…

August 09, 2023 BY Elizabeth Anderson

U.S. and Chinese CPI data: China’s exports slowing

Although the dollar has now recovered from a one-week low, the lack of job creation paired with wage gain and a seemingly decreased unemployment suggests that the Federal Reserve may keep interest rates higher for longer. Chief Market Analyst at KCM Trade, Tim Waterer noted that the increase in hourly earnings is a stark reminder…

August 08, 2023 BY Elizabeth Anderson

Edgewater Markets: UK offerings expand under FCA licence

The FCA licence signifies an important milestone for the company, which has been in business for approximately 10 years. It allows Edgewater Markets to expand its reach and include more clients on its platform. The company can now offer services such as liquidity provision, technology solutions, foreign exchange, commodities, and derivative products to UK clients.…

August 07, 2023 BY Alan Sayer

Securities Commission Malaysia: New capital market initiatives

60 industry leaders gathered to discuss ideas and address difficulties pertaining to investment possibilities, funding inclusivity, and reforms in the capital market. Topics included focusing on capital market promotions to grow the domestic-centred issuer pipeline, strengthen market vitality, increase the investor pool, and expand leverage efforts for the sustainability of Malaysia’s leadership in the Islamic…

FIN-LP- Robinhood’s Q2 results a ray of light

August 03, 2023 BY Alan Sayer

Robinhood’s Q2 results: a ray of light at the end of its dark start to the year

GAAP earnings per share came in at $0.03 as opposed to the analyst forecast of an estimated $0.02 loss. Similarly, Robinhood’s reported revenue of $486m, a sequential 10% increase, was more than the $472m estimation. The company attributed this rise to higher proxy and net interest revenues, partially offset by decreased transaction-based revenues. However, the…

Category: Forex