GOLD The price of gold dropped to lows not seen since March during early Monday trading, following the publication of US labour data on Friday that was more positive than expected, making it more likely for the Fed to bring forward the timing of the tapering. This dynamic propelled the US dollar to new multi-month…
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Svetlana Kulikova, the Head of Match-Trade Cyprus, said: Cyprus is rightfully the world capital of Forex. Match-Trade has all the prerequisites for successful work in this region. I am sure that clients will appreciate the privilege of working not with a virtual, but with a real office. After long presence in the Asian region, Match-Trade…
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PrimeXM Data Centre in London LD4 registered $796.11 billion in notional value, 76% of the total monthly traded volume. The Data Centre TY3 has returned second place from with $125 billion in monthly trading volume, 5.5% more than the $118.50 billion registered in NY4 Data Centre. XAUUSD remains consistent as the favouruite instrument of PrimeXM's…
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Cristian Vlasceanu, CEO of Centroid Solutions, commented: We are delighted with our on-going partnership with Advanced Markets, a true leader in the Prime of Prime liquidity solutions. We share the same vision and determination to equip our clients with the best setups available, so it came naturally to enhance our partnership, and offer even more…
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Eurotrader has also included thousands of additional US, UK and European stock CFDs to its product portfolio, enabling fractional share trading as well. Sergei Grigoriev, Executive Director, commented: Eurotrader’s focus is to accommodate the needs of individual traders as well as those looking to explore copy trading or account management systems. In addition to offering…
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GOLD The strength of the US dollar is keeping the pressure on safe havens like gold with the precious metal continuing to drop on Friday. Bear traders seem to be in control of the market on a very short-term basis and even if no significant sell-off has been registered so far, the current correction saw…
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The company has adjusted its expectations of the full year, now targeting CHF 465 million in net revenues and CHF 210 million in pre-tax profit, which was initially CHF 130 million. Swissquote continued to expand its crypto-asset offering for retail and institutional customers. The company has over 20 cryptocurrencies and CHF 1.9 billion in crypto-assets…
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In its response, BDSwiss stated: With regards to the FCA announcement and the use of our group website domain, we would like to clarify that all visitors and potential clients are presented with all brand entities and regulators, they are prompted to register under their own jurisdiction, and are even explicitly warned when attempting to…
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The UK watchdog also discovered concerning details about BDSwiss’ sales and marketing practices such as use of misleading financial promotions, unrealistic claims about returns, failing to present clearly nature of the financial instruments being marketed and failing to describe the risks involved in trading CFDs. The regulator said that the company often contacted customers directly…
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OIL WTI reversed earlier gains and is flat so far during early Thursday trading. A surge in coronavirus cases caused by the Delta variant is forcing several countries around the world to impose new lockdowns, a scenario that is likely to negatively impact fuel demand. Also weighing on the price of oil is a surprise…
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