Category: Forex

January 06, 2023 BY Steffy Bogdanova

Market Analysis: UnitedHealth Group to continue earnings streak, Taiwan Semiconductor Manufacturing Company within the “dynamic area” on chart

Taiwan Semiconductor Manufacturing Company within the “dynamic area” on chart Taiwan Semiconductor Manufacturing Company Inc (symbol ‘TSM’) stock value has made some losses in the last month of the quarter but it is still on the positive side when it comes to overall quarterly gains. The company is expected to report its earnings for the…

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Tradeweb
January 06, 2023 BY Steffy Bogdanova

Tradeweb sees ADV rise of 9.9% in 2022 to $1.13 trillion

Billy Hult, Tradeweb's new CEO, said: Despite a complex backdrop of inflation, rates volatility, geopolitical risk and a strong U.S. dollar, we saw an increase of nearly 10 percent in our average daily volumes year-over-year in 2022. While rates volumes reflected these headwinds in the early part of the fourth quarter, we finished the year…

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January 05, 2023 BY Steffy Bogdanova

Alpha Group announces opening a Bristol office

Alpha Group further admitted that the Bristol operations will generate smaller revenue. However, the company elaborated that companies in this market are underserved by traditional providers and their larger peers. Alpha is looking to fill that gap by offering high-quality offering whilst maintaining attractive profit margins. Alpha stated: Although clients will be smaller, our focus…

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Daily Market Commentary
January 05, 2023 BY Steffy Bogdanova

Daily market commentary: The US dollar hedged up, following the release of the latest Fed minutes

European Shares Stocks registered a smooth decline in Europe on Thursday, as benchmarks pulled back towards newly established support levels following a three-day winning streak. Healthcare and consumer cyclicals are among the top losers today, while the real estate sector and energy shares prevented indices from falling much deeper. The STOXX-50 index is trading 0.50%…

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January 04, 2023 BY Steffy Bogdanova

State Street appoints Andreas Przewloka as CEO for State Street Bank International

Przewloka joins StateStreet from UBS where he held various senior leadership positions. Most recently he was chief operating officer of Frankfurt-based UBS Europe SE. Joerg Ambrosius said: Andreas brings the financial services experience and leadership needed to continue to drive State Street’s strategy and growth across Continental Europe. He is a seasoned and well-respected executive,…

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Interactive Brokers
January 04, 2023 BY Steffy Bogdanova

Interactive Brokers reports 21%YoY fall in DARTs in December

The broker ended the month with client credit balance of $95.2 billion, including $2.4 billion in insured bank deposit sweeps. The number came in 9% higher than in December 2021 and 1% lower the prior month. However, client accounts on the platform increased 25% YoY and 1% MoM to 2.09 million in December 2022. Interactive…

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FXSpotStream
January 04, 2023 BY Steffy Bogdanova

FXSpotStream sees $58 billion in December ADV

On yearly basis, however, last month’s ADV was 34.3% higher compared to December 2021. In December 2022, FXSpotStream’s overall volume stood at $1.27 trillion. The numbers were 14.2% down from the $1.48 trillion, recorded last November. The overall trading volume of the firm has surpassed $1 trillion for every month of 2022. The December ADV…

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Daily Market Commentary
January 04, 2023 BY Steffy Bogdanova

Daily market commentary: The euro is on the front foot versus the dollar, as optimism takes over market sentiment

European Shares European shares extended gains registered overnight in Asia on Wednesday, as the New Year’s rally looks set to continue this week. Risk appetite stays on the rise today, despite mixed macro data from the old continent, as investors cheered positive news from China after Beijing is said to be considering extended support measures…

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Dennis Austinat named DACH Region Managing Director at Trive
January 03, 2023 BY Steffy Bogdanova

Trive appoints Dennis Austinat as DACH Region Managing Director

Engin Çubukçu, Trive’s CEO and Chairman, commented: Trive welcomes Dennis and his extensive industry experience makes him a great addition to the team. The DACH region is a key market for Trive. Its investors are sophisticated and eager to grow their investments. As an industry veteran, Dennis understands the clients’ needs well and will be…

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