SugarCane Capital teams up with FX market analytics provider Just to provide transparency LeapRate

July 01, 2020 BY Steffy Bogdanova

SugarCane Capital teams up with FX market analytics provider Just to provide transparency

Typically, banks and brokers trade with low execution fees and instead their revenue is generated by marking up the bid/offer spread. A lack of transparency in this can mean discriminatory pricing, but with a market that is fast moving and not centrally cleared, understanding the scale of this additional margin can be challenging. Anders Nicolai…

July 01, 2020 BY Steffy Bogdanova

Business Choice Partners appears on FMA warning list

The New Zealand watchdog found that Business Choice Partners Group Limited claims to be recognized by the ‘national financial regulatory commission of Australia and New Zealand’, while in fact, there are no such regulatory bodies. The company's websites claim to be operated by BCP Group Limited. BCP Group Limited, however, is not associated with the websites. FMA…

July 01, 2020 BY Steffy Bogdanova

Cboe finalises EuroCCP acquisition, plans launch of Cboe Europe Derivatives for next year

Cécile Nagel, Chief Executive Officer of EuroCCP, said: We believe this transaction positions EuroCCP for continued success. In addition to building out our derivatives clearing services, we see many opportunities to collaborate with Cboe to expand our product offering across asset classes. With our shared values and focus on innovation and client service, together with…

July 01, 2020 BY Valentina Kirilova

Daily market commentary: Gold rallies to its highest level since 2011

GOLD Gold has rallied to its highest level since late 2011, with futures surpassing $1,800, while the spot price is marking a fresh eight-year high at $1,789. Technically the situation remains firmly bullish with investors betting on further printing activity from central banks, in a scenario where the correlation between the Fed (and other central banks)…

July 01, 2020 BY Valentina Kirilova

Daily Market News: Stocks close record quarter, S&P 500 up 20%

What to watch General Mills: General Mills is the firm behind brands including Cheerios, Haagen-Dazs and Betty Crocker. The company’s share price is up 15.1% year-to-date, thanks to expectations of elevated demand for household staples driven by the pandemic. The $37bn market cap firm reports its latest set of quarterly earnings today. On the company’s…

July 01, 2020 BY Steffy Bogdanova

Thomas Book to chair the management board of the Frankfurt Stock Exchange

The Management Board of a stock exchange acts as a management body for the public administration assigned to the stock exchanges and includes Martin Reck (Deputy Chairman), Cord Gebhardt and Michael Krogmann as members. The board ensures compliance with the regulations of stock exchange laws and the orderly conduct of stock exchange trading. Eurex and…

July 01, 2020 BY Steffy Bogdanova

BDSwiss secures FSA Seychelles license and expands its global presence

BDSwiss Group has been committed to its strategy for expansion and growth. Its decision to secure FSA license comes from a desire to ensure broader regulatory supervision in new markets. The company aims to provide transparent trading environment and security to clients across different markets including South-East Asia, South Africa, Middle East and Latin America.…

June 30, 2020 BY Steffy Bogdanova

SteelEye teams up with UnaVista to support market participants migrating from CME

Mark Husler, CEO, UnaVista commented: Hundreds of firms face the challenge of migrating their reporting processes away from CME, and need to do so quickly. Together with SteelEye, we offer a fast and efficient response to this demand and provide a wealth of other benefits to joint clients. SteelEye’s EMIR and MiFIR reporting solutions in…

June 30, 2020 BY Valentina Kirilova

ActivTrades' number of new client accounts up 73% YoY in Q2 2020

ActivTrades has rolled out various new products in the last few weeks, most notably CFDs on more than 100 new shares around the world, including Zoom Video Communications, the popular video conferencing company, and Cash products on stock indices such as the Brazilian Mini Ibovespa index and MDAX® - the international midcap index of Deutsche Börse. The company also created two CFDs tied to the spot…

June 30, 2020 BY Valentina Kirilova

Forex broker ATFX launches Recur Live Chat solution

The Forex broker has just announced the launch of its optimal Recur Live Chat solution to facilitate customer-specific targets that can help them learn more about customer expectations. The live chat box will provide ATFX with another channel to reach out to their customers since the technology can be leveraged to increase customer engagement with…

Category: Forex