Category: Forex

March 16, 2022 BY Steffy Bogdanova

Daily market commentary: It is expected that the US central bank will hike interest rates

European Shares European shares jumped at market open on Wednesday, alongside Asian equities, and US Futures contracts, amid improving global market sentiment. The “risk-on” trading stance is back on track everywhere, and market panic is clearly fading as investors digest the latest positive macro developments brought by both China and Russia/Ukraine diplomatic talks. The strong…

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March 16, 2022 BY Steffy Bogdanova

BDSwiss names Nicolas Shamtanis CEO

Shamtanis's role at BDSwiss The BDSwiss highlighted that Shamtanis’s role will be pivotal in elevating the brand’s global presence and expansion plans. Nicolas Shamtanis commented: I am delighted to take on the role of CEO at such an exciting but also challenging time, as BDSwiss enters a new phase of growth, with plans to extend…

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March 16, 2022 BY Steffy Bogdanova

Weekly data: sentiment recovers ahead of the Fed

A return to strength looks unlikely as of now based on TA. Although yesterday’s test of the 23.6% weekly Fibonacci retracement area has been rejected for now, selling volume has been high since last week and the downward reaction on 9 March from the area of the all-time high has been very strong. With ATR…

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Acquisition
March 16, 2022 BY Steffy Bogdanova

Trading Technologies announces acquisition of RCM-X

The technology provider also offers comprehensive trade analytics and independent transaction cost analysis (TCA) solutions and back-testing and simulation services. Its engineering team can work together with clients to develop bespoke algorithmic strategies or fully automated solutions specifically designed for their trading objectives. Joe Signorelli, RCM-X CEO, said: We’re extremely proud of what we’ve built…

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March 15, 2022 BY Steffy Bogdanova

Pico appoints Stacie Swanstrom as Chief Product Officer

In 2019, Swanstrom became a consultant in the private sector, she also serves as an Advisor to Towson University’s College of Business and Economics. Pico further detailed that this newly expanded team will provide new product innovation through the company’s ultra-low latency global network, PicoNetTM. Earlier in January 2022, Pico acquired Redline Trading Solutions, trading…

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March 15, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices continue to recede as hopes that talks between Russia and Ukraine may lead to a de-escalation

European Shares Shares drifted lower in Europe on Tuesday, extending losses registered during the Asian trading session, amid continuing market volatility. The sell-off in Chinese shares due to renewed lockdowns to combat a coronavirus outbreak as well as the prospect of economic sanctions from the West raised by the possibility of a military support to…

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CMC markets
March 15, 2022 BY Steffy Bogdanova

CMC Markets commences £30 Million share buyback program

CMC Markets further explained that the maximum aggregate number of shares that it will repurchase is 29,071,747 ordinary shares. RBC Europe Limited has been appointed to manage the Buyback Programme on its behalf. CMC Markets first announced the decision to launch the buyback program on 2 March. Board of the company decided to return excess…

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CQG releases CQG One
March 14, 2022 BY Steffy Bogdanova

CQG launches new trading and analytics platform, CQG One

CQG President Ryan Moroney commented: We’re excited to bring CQG One to market after gathering extensive input from our users on what features they most want in our new platform. This will be as intuitive and easy to deploy, configure and use as CQG Desktop but with advanced charting, market analytics and trading functionality, along…

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