Furthermore, founder and CEO Philippe Ghanem recently came back in charge of the business. He brings two decades of industry experience during which he has built and assisted with the growth of two brokerage firms with millions of clients. According to the official announcement, he has plans for restructuring his leadership team and implementing major…
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Farzad Vajihi, Aron Groups Broker’s CEO, commented: We are excited to launch our new social trading platform powered by Brokeree Solutions. It's a game-changer for our clients, enabling them to take advantage of innovative social trading capabilities and enhance their trading strategies. Victor Ivanov, the Regional Head of Business Development (EMEA), added: For several years…
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Simon Blackledge, CEO of BidX Markets, said: BidX Markets is dedicated to providing exceptional trading experiences and innovative solutions to financial institutions. We are delighted to welcome Elizabeth to our team. With her proven track record in liquidity management and a deep understanding of the Forex, CFD and crypto markets, we are confident that Elizabeth…
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BNP Paribas and NatWest have been long term partners with CobaltFX and now both companies are increasing their engagement with the Dynamic Credit product to manage credit exposures for their respective financial institutions, addressing overly manual processes as well as market access and control. Joe Nash, Digital COO for Foreign Exchange, Rates and Commodities, BNP…
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Gary Thomson, Chief Operating Officer of FXOpen UK, noted: While the euro and US dollar have remained relatively stable, the Hungarian forint has experienced a remarkable appreciation in value. Despite economic challenges and geopolitical uncertainties across the Western world, the forint has seen a significant increase in strength since October last year. This notable upward…
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ASIC stated: The registration requirement is new. It is separate, and in addition to, the pre-existing requirements for an AFS licensee to appoint a relevant provider to the Financial Advisers Register after they have been authorised. Provisional Relevant Providers cannot be registered. The requirement for registration of financial advisers was introduced in 2021 in response…
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A representative of VT Markets said that the region is one of the key markets for the company. VT Markets' representative stated: With the numerous developments taking place in the region, Latin America is uniquely poised for explosive growth, and we want to be at the forefront of the new financial landscape when it emerges.…
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EURUSD, daily This will likely be a rather volatile week for the pair since there is major data related to EUR and USD in 3 consecutive days this week with the peak on Friday where the “king” of publications the NFP is set to be released. FOMC minutes last week confirmed that the main objective…
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The company’s success has been partly fueled by its approach of swiftly passing on the benefits of central bank rate hikes to its customers. Unlike many other banks, Saxo Bank ensures that clients immediately profit from higher interest rates on their unused funds. This strategy helps clients adjust their investment strategies in line with changing…
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The latest websites offering financial services to be blocked are Prime Markets (primemarkets.co.com), Fintech Market (fintechmarket.consulting), Luxem Capital, Inc. (luxemcapital.com), and Nadex CFD Limited (nadexcfd.com). The Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: Consob draws investors' attention to the importance of adopting…
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