Category: Forex

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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Clearstream
July 11, 2022 BY Steffy Bogdanova

Clearstream launches new tools to predict settlement failures and to increase efficiency

According to the international central securities depository (ICSD), the enforcement of the Settlement Discipline Regime (SDR) has made the tools necessary as failed settlement transactions result in financial penalties, operational overheads and reputational damage Clearstream also noted that the interactive visualisation on the new Settlement Dashboard tool provides clients with multiple views, including a view…

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Finalto
July 11, 2022 BY Steffy Bogdanova

Gopher Investments finalises acquisition of Finalto

Teresa Teague, Director at Gopher, commented: Gopher is delighted to have completed the acquisition of Finalto. We have been impressed by the strength of Finalto’s business and management team and look forward to working closely with the team to accelerate Finalto’s ambition to become the global partner of choice in the financial trading sector. Meanwhile,…

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July 11, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar surges versus its peers

European Shares Global markets slid lower everywhere at the start of the new week, as appetite for riskier assets decreased and lingering dark clouds continue to overshadow market sentiment. While monetary tightening, inflation and the prospect of slower growth have been dampening the markets of late, today’s risk aversion came from China. Investors chose to…

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