Category: Forex

forex market update
March 25, 2019 BY Valentina Kirilova

ATFX Forex weekly market update: March 25, 2019

The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The EU agreed to extend the Brexit deadline, but only if the UK must vote again this week whether the Brexit agreement was passed. If the Brexit agreement is vetoed again, the UK must formally leave the EU without…

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FXTM gets FSC license
March 22, 2019 BY Valentina Kirilova

FXTM gets FSC license

Retail FX broker FXTM has just added another license to its portfolio of regulated entities with the Financial Services Commission (FSC) of the Republic of Mauritius. The company is already authorised and regulated in different jurisdictions under CySEC, FSCA, FCA and IFSC. Mauritius is fast becoming an internationally recognised Financial Supervisor with a strong legal…

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The German economy is coming back from the brink
March 21, 2019 BY Valentina Kirilova

Germany to create state fund for preventing unwanted foreign takeovers

Germany intends to pass laws for the creation of a government-owned fund that would protect vital German companies from being acquired by foreign companies (especially Chinese ones), by end of 2019, according to Reuters. This is a major departure from the government’s “laid-back” approach towards business. Peter Altmaier, the Economy Minister first suggested the creation…

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IG Group office
March 21, 2019 BY Valentina Kirilova

IG Group Holdings releases Q3 revenue update

UK online trading leader IG Group Holdings plc (LON:IGG) just released an update regarding the Group’s revenues for the three months ending 28 February 2019 - the company’s third quarter of fiscal year 2019 (Q3 FY19). Revenue for Q3 fiscal 2019 This was the second quarter in which the new ESMA regulations prohibiting the sale…

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March 21, 2019 BY Valentina Kirilova

GMI UK teams up with Takeprofit Technology

FCA regulated institutional FX and CFDs broker, Global Market Index Ltd (GMI UK) has just announced that it has partnered with Takeprofit Technology to distribute FX, CFD and Crypto liquidity to mutual partners. GMI UK have been committed to growing their Institutional business, partnering with a number of tech vendors such as Gold-I and One…

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BDSwiss Group opens new offices in the Philippines
March 20, 2019 BY Valentina Kirilova

BDSwiss Group opens new offices in the Philippines

BDSwiss Group has announced, during its 6th annual kick-off meeting, its expansion plans for 2019 and the opening of new offices in the Philippines. The BDSwiss Group has seen a 136.67% growth in trading volume during 2018, compared to 2017 according to data presented. There also was a substantial increase of 210.05% in the total…

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Dukascopy Bank launches Dukascoin
March 19, 2019 BY Valentina Kirilova

Dukascopy launches the live trading of three new soft commodities

Dukascopy today revealed that it had initiated the live trading of 3 additional soft commodities (cotton, coffee, and orange juice), which it had promised on 26 February 2019. The complete list of the soft commodities currently available to Dukascopy clients is: Cotton (COTTON.CMD/USX) Coffee (COFFEE.CMD/USX) Orange Juice (OJUICE.CMD/USX) Sugar (SUGAR.CMD/USD) Cocoa (COCOA.CMD/USD) Dukascopy Bank allows…

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acquisition
March 19, 2019 BY Valentina Kirilova

INTL FCStone acquires the futures and options brokerage and clearing business of UOB Bullion and Futures Limited

INTL FCStone Inc. (NASDAQ: INTL) just informed that its Singaporean subsidiary INTL FCStone Pte Ltd (IFP) is about to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited. Greg Kallinikos, Deputy CEO, Asia, commented on the acquisition: Adding such a well-established, Asian-focused…

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FlexTrade adds Paul Beatty to team
March 19, 2019 BY Valentina Kirilova

Stratifyd adds Shannon Ayers to its team as a Chief Financial Officer

End-to-end customer analytics company Stratifyd just announced that it has added Shannon Ayers to its team as its new Chief Financial Officer. Ayers will be responsible for the financial forecasting process, and will oversee the preparation of financial reports. Shannon Ayers has over18 years of experience providing financial leadership to companies such as ASC Volvo,…

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