Christian Dove commented: Synergy has earnt such a great reputation and loyal customer base throughout the past decade because of our commitment in 3 areas. True and actual straight-through processing, absolute transparency and excellent customer service. And now, with the Fintech power of ACY Securities behind us, we are well placed to offer an even…
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Mitrade made some extensive changes on their website such as adding trading insights on forex, commodities and indices; clear illustrations of sentiment indexes; forecast on popular markets in a week, month or quarter; as well as trading analysis to help users build a stronger foundation. The broker also integrated market analysis in weekly newsletter. Laura…
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In the Dow Jones Industrial Average, which fell 2.4% yesterday, Boeing, Dow and Walt Disney were among the bottom five performers, along with Chevron and Exxon. Disney fell 4.1% as investors reacted to its decision to stop paying more than 100,000 workers during the shutdown while still planning to pay a $1.5bn dividend, while Boeing…
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EUROPEAN SHARES European stock markets opened lower on Tuesday as energy shares led benchmarks down following yesterday’s historic rout on oil. Analysts and traders clearly didn’t expect black gold to go below zero and this has unsurprisingly had a negative impact on European oil majors like Total and Eni, which are currently trading 5% lower…
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Richard Byworth, CEO at Diginex said: NYFIX was the natural first choice for us as connectivity partner. Diginex’s mission is to provide improved access and regulated infrastructure to institutions and sophisticated investors looking to participate in this new emerging asset class. NYFIX enables this with connectivity to a broad cross-section of institutional asset managers and…
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Elimelech joined Plus500 back in 2012 and undertook his role as CEO in 2016. He steps down after over years at the helm, having navigated the company through turbulence and regulatory changes. Penny Judd, Chairman of Plus500, commented: Asaf Elimelech has been a significant part of Plus500’s success in recent years; we thank him for…
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Mitesh Vaghela, Director of Product for Equiti Group, commented: In an already saturated market, Your Bourse’s commercial approach could be a huge deciding factor for new and existing brokers in adopting their technology. Partnering with Your Bourse aligns well with the Equiti ethos to collaborate with the best solutions available to grow our network. Your…
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OIL The oil war combined with the devastating effect of the coronavirus-induced lockdown on economies has triggered a dramatic fall in the price of oil with WTI plunging to its lowest level in more than 20 years with the May contract sinking below $15. On top of that, there is a wide contango across contracts,…
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XAUUSD was the most traded instrument, reaching $223.6 billion, close to 20% of the overall traded volume. The top traded instruments made up by 3 top US stock indices and German Index (GER30) represent over 17%. The YTD chart shows fluctuation in trading activities between mid-February to mid-March amid higher volatility in the marketplace fueled by…
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What to watch Procter & Gamble: Consumer goods giant Procter & Gamble was meant to report earnings next week, but put out a press release on Tuesday announcing that the firm is moving up its announcement to Friday to provide shareholders information “as quickly and transparently as possible, and should not be construed as an…
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