Category: Forex

daily market analysis
March 17, 2021 BY Steffy Bogdanova

Daily market commentary: The euro is losing ground to the dollar

GOLD Gold remains in “wait and see” mode ahead of the Fed’s latest economic projections. Bullion is still toying with the key level of $1,730 with low volatility, while investors are clearly waiting for the outcome of the Federal Open Market Committee. The central topic is not about short-term decisions but the medium- and long-term forecasts.…

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ASIC
March 17, 2021 BY Steffy Bogdanova

ASIC implements ten-year ban for Forex CT director

ASIC began civil penalty proceedings in the Federal Court against Forex CT and Shlomo Yoshai on 16 July 2020, after discovering that the sole director’s lack of respect for compliance justified a ban for a significant period of time. Yoshai has now been given a ten- year ban after behaviour on Forex CT’s trading floor…

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eToro
March 17, 2021 BY Steffy Bogdanova

eToro confirms $10.4 billion SPAC merger

The announcement stated that existing eToro equity holders will retaining 91% ownership following the merger with FinTech V. The board of the directors of both companies have unanimously approved the merger, however it is still pending stockholder approvals. The deal is expected to close in the third quarter of 2021. Betsy Cohen, Chairman of the…

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Eurex
March 16, 2021 BY Steffy Bogdanova

Eurex and KRX to expand products on joint link

Since 2010 and 2016, respectively, overnight KOSPI 200 Options and Mini-KOSPI 200 Futures have been listed on Eurex. This expansion of the long-standing cooperation with further futures is strategically important for both Eurex and KRX. On a global scale, KOSPI 200 Options make up one of the four most heavily exchange-traded index contracts. Trading these…

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daily market analysis
March 16, 2021 BY Steffy Bogdanova

Daily market commentary: Stocks opened higher from London to Zurich

EUROPEAN SHARES  Stocks opened higher from London to Zurich on Tuesday following gains during the Asian session while US futures also climbed. This resurgence in risk appetite impacted on all sectors, with travel and leisure shares at the top of the board, as investors continue to anticipate a “back-to-normal life” situation. However, it is important…

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new hire, appointment
March 16, 2021 BY Steffy Bogdanova

Qontigo names Neal Pawar Chief Operating Officer

Pawar said: Over the course of my career, I’ve seen the commoditization of many parts of the financial technology stack. Axioma, STOXX and DAX—and now Qontigo—have played an important part in that evolution by building sophisticated analytics and indexing products leveraged by firms across the financial spectrum. As a computer scientist, I’m excited that the…

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FMA warning
March 15, 2021 BY Steffy Bogdanova

FMA warns against horizonlinelimited.com, Cornucopia and others

www.cjcmarketsglobal.biz/ Website: www.cjcmarketsglobal.biz/ Phone: + 91 97642 16796 The FMA warned that the website www.cjcmarketsglobal.biz/ is contacting individuals via private messages and are falsely claiming to be authorised and licensed by the FMA. The website is in fact not associated with or authorised by the NZ incorporated company, Carrick Just Capital Markets Limited Trading As CJC…

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