As a vital component of this collaboration, Finalto will distribute its institutional liquidity directly to clients of Your Bourse via the Your Bourse Platform. Clients will have access to Finalto's liquidity, integrated within the Your Bourse Platform. Paul Groves, UK B2B CEO at Finalto, said: We have known the Your Bourse team for many years…
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On the technical side, the price on the chart has been making consistent gains since early March with multiple retests to break the upward trendline without being able to do so. This shows the strength of the quid against the dollar in the medium outlook. The 50 day moving average is still trading bove the…
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Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Eyeing the 101.92 Low With Friday’s one-sided decline, it was a disappointing week for the Dollar Index, down -0.6%. Trend studies on the monthly timeframe show price action has been northbound since bottoming in 2008 at 70.70. Q4 (2022), as you can see,…
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Freetrade also successfully raised a significant amount of funds in the previous year. It secured £8 million through a crowdfunding round, with the participation of 6,869 investors from the UK and Europe. Additionally, two institutional shareholders of the company invested £29.3 million through a convertible loan note. A jump in registered users Last year, the…
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Peter Cruddas, Group Chief Executive Officer of CMC, commented: Euan has been a highly valued member of the CMC team, holding various positions since becoming a part of the group in 2011. Over the past 4 years, he has served as the CFO, playing a crucial role in the Company's transformative journey. On behalf of…
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Ed Tilly, Chairman and Chief Executive Officer of Cboe Global Markets, said: I want to thank Brian for his passion and commitment to Cboe during what has been a remarkable period of transformation and growth for our company. We wish him all the best in the future. With over to decades of experience, Griebenow has…
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The average daily volume (ADV) in forex instruments stood at $5.4 billion. The figure dropped 5.3% on monthly basis and 21.7% on yearly. However, the brokerage firm reported that demand in Equities registered a rise. The volume in June was $233.5 billion, 2.3% higher compared to May. O yearly basis, the asset jumped 21.6%. Fixed…
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CAPEX.com highlighted in the official announcement that the newly announced acquisition will strengthen its position in the market and support its growth and expansion plans in the online fintech industry. Patrascu added: We see consolidation in the market as a positive development, and the current macroeconomic conditions and competitive landscape are favorable for such consolidation.…
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Prior to that, Francis worked as a finance structurer at Dresdner Bank and Lehman Brothers, and before that started his career at Linklaters. He holds a MA in Law from Oxford University Ian Lowitt, CEO of Marex, commented: I am very pleased to be welcoming Graham to the senior leadership team at Marex. His appointment…
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To implement this initiative, the FCA intends to initiate a competitive tender process to select a single provider for the CT in the bond market. This plan is a crucial component of the Edinburgh reforms and is expected to be realized through collaboration with the government by 2024. Sarah Pritchard, executive director of markets and…
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