Category: Forex

July 14, 2022 BY Steffy Bogdanova

Markets veteran Thomas Pluta joins Tradeweb as President

Pluta joins the company from JP Morgan, where he spent almost 27 years. Most recently, he served as a Global Head of Linear Rates Trading and Co-Head of North America Rates Trading. In his time with the bank,  Pluta traded and managed a range of global trading teams across the Global Rates, Emerging Markets and…

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ASIC ban
July 14, 2022 BY Steffy Bogdanova

Trade360 operator surrenders licence, ASIC bans former directors

The Aussie watchdog discovered that Sirius Financial has breached its licence obligations failing to adequately address Toyga’s conduct. Furthermore, ASIC found that Pecyna and Schneider were involved in Sirius Financial’s breaches. Moreover, ASIC deemed them not “adequately trained or competent”. ASIC stated that the two former directors lacked professionalism and integrity for their management roles.…

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Daily Market Commentary
July 13, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index is trading flat

European Shares European and US contracts slid lower on Wednesday, despite Asian shares closing in the green, as investors brace for a busy day on the macro front. Slight improvements regarding the virus situation in China lifted market sentiment overnight, especially towards tech stocks, while treasury markets remained stables. It’s inflation day in the US…

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July 13, 2022 BY Steffy Bogdanova

Naureen Hassan appointed as President of UBS Americas

Group Chief Executive Officer Ralph Hamers: I am delighted to welcome Naureen Hassan to UBS as President UBS Americas and to congratulate Iqbal on his expanded role as sole President Global Wealth Management. I also want to personally thank Tom for his leadership and significant contributions to UBS over the past four decades. He’s been…

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Tim Cartledge joins Tradefeedr
July 12, 2022 BY Steffy Bogdanova

Tradefeedr hires Tim Cartledge as chief data officer

Additionally, the announcement noted that the family office of Cartledge, Alphaview Limited, will make a $1 million investment in Tradefeedr. He will consequently join the company board. Cartledge said: In the early 2000s I was one of the pioneers using analytics to revolutionise FX trading at banks, an approach that continued during my time at…

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Daily Market Commentary
July 12, 2022 BY Steffy Bogdanova

Daily market commentary: The euro’s bearish trend is continuing

Oil Oil prices dropped during early Tuesday trading, as the markets appear increasingly convinced that a global economic slowdown is coming. With inflation remaining high and forcing central banks and fiscal authorities to withdraw stimulus, an energy crisis in Europe that appears to be about to get worse and trigger a recession, and disappointing demand…

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plus500 revenue
July 12, 2022 BY Steffy Bogdanova

Plus500 reports Q2 revenue jump of 68% YoY, US trading platform to launch in H2

Plus500’s CEO, David Zruia, commented: Plus500 continued to outperform in the first half of 2022, supported by positive momentum achieved in recent years and by the power of our market-leading proprietary technology. The Group continued to deliver outstanding levels of returns to shareholders during the period, through both recent $60.0m dividend payments and our most…

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