Kompli-Global launches corporate onboarding platform Kompli-QED to battle fraud and money laundering LeapRate

April 14, 2020 BY Steffy Bogdanova

Kompli-Global launches corporate onboarding platform Kompli-QED to battle fraud and money laundering

Companies House carries out no validation of the data filed. Kompli-QED offers Kompli-QED - the world’s first and only ‘connected’ global company registry, which analyses millions of corporate records and accompanying data on persons of significant control. The platform automatically searches for the information which allows regulated entities to instantly identify links between individuals with…

April 14, 2020 BY Steffy Bogdanova

IS Prime Hong Kong appoints former Invast Global executive Antony Tan as Vice President

Antony Tan is from Australia with extensive experience in financial markets. He was at Invast Global in Sydney for four years, working in client onboarding and supervision, trade execution services and liquidity management. He also co-founded and grew a fintech business in China and served as operations associate at Prime Liquidity Solutions in Sydney. Will…

April 14, 2020 BY Steffy Bogdanova

ACY Securities launches MetaTrader 5 platform with stocks

The MT5 Xchange is a fully integrated solution, it offers access to almost 1,000 instruments, users can access leverage of 1:500 on foreign exchange (forex), metals and oil with zero commissions. A minimum deposit of $50 is required of clients. Co-founder and director of ACY Securities, Jimmy Ye, said that the MT5 Xchange offering would…

April 14, 2020 BY Valentina Kirilova

Daily Market News: Uncertain response to Opec-Russia deal, Trump sets up showdown with state governors

FTSE 250 gains 14% in a week UK markets were closed on both Friday and Monday due to the Easter holiday, but over the past five trading days London-listed stocks have posted substantial gains. Small cap names in particular have enjoyed a major rally. The FTSE 250 is up 13.7% over the past five trading…

April 14, 2020 BY Valentina Kirilova

Daily market commentary: Gold is skyrocketing as uncertainty continues to dominate

EUROPEAN SHARES European shares trade higher on Tuesday, following a long weekend for traders and building on the boost to market sentiment carried over from the Asian session. Today’s risk appetite comes amid investors welcoming the reassuring release of China’s trade balance release, which topped estimates, while traders’ appetite was further boosted by strong signs…

April 13, 2020 BY Valentina Kirilova

Weekly data preview: decreasing fear could hit gold

Key data points Tuesday 14 April (all day): G7’s video meeting Wednesday 15 April, 12.30 GMT: American monthly retail sales (March) - consensus -7%, previous -0.5% Thursday 16 April, 12.30 GMT: American initial jobless claims (11 Apr) - consensus 4.7 million, previous 6.6 million Brent, four-hour There hasn’t been any ongoing direction for crude oil…

April 13, 2020 BY Valentina Kirilova

IMF's Kristalina Georgieva creates External Advisory Group

The members of the Managing Director’s External Advisory Group are: Ms. Ngozi Okonjo-Iweala, former Finance Minister of Nigeria Mr. Tharman Shanmugaratnam, Senior Minister of Singapore and Chairman of the Monetary Authority of Singapore Ms. Kristin Forbes, Professor, Massachusetts Institute of Technology Mr. Kevin Rudd, former Prime Minister of Australia Lord Mark Malloch Brown, former United…

April 13, 2020 BY Valentina Kirilova

Iran’s SEO adds Hassan Galibaf Asl to team as its new chairman

Hassan Ghallibaf Asl holds a PhD degree in financial management from University of Tehran and has recently been the dean of Faculty of Social Sciences and Economics of Alzahra University. Prior to SEO, he had also been the CEO of Tehran Stock Exchange for 10 years until 2018. His other past assignments include a university…

April 13, 2020 BY Valentina Kirilova

Daily market commentary: Investors not satisfied by the compromise reached between OPEC and other major oil producers

OIL Despite the world’s oil producers agreeing to a massive cut of 9.7 million barrels per day, the oil price was unable to hold onto its initial gains as investors are still expecting there to be a global oversupply for the next few months. After a positive gap when markets opened, WTI has fallen again…

April 10, 2020 BY Valentina Kirilova

Daily market commentary: It has been a good week for the Australian dollar

GOLD Gold is shining with the spot price closing in on its 7-year-high at $1,700. Bullion rallied after the announcement of the Federal Reserve’s new coronavirus stimulus. Another $2.3 trillion of lending will be in the system to soften the impact of the pandemic emergency. As mentioned in previous comments, markets are understanding and pricing…

Category: Forex