The official announcement detailed that with the latest expansion, the total number of currency pairs available to trade at FP Markets reaches more than 70 currency pairs. CEO Craig Allison commented: The launch of the additional currencies is part of a wider effort by FP Markets to develop its Forex offering and deliver greater diversity…
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Jerry Rizzieri, President and CEO, Mizuho Securities USA, said: Greenhill is a proven industry leader, and its team has led many of the largest and most complex transactions for clients globally, across a wide range of sectors. Mizuho is committed to the expansion of its investment banking platform, and we are excited for the Greenhill…
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Whiteley has led the ASX’s CHESS Replacement Solution Design work since November 2022 after the company decided to reassess its CHESS replacement project. Lofthouse noted that Whiteley’s appointment further provides continuity of technology leadership for CHESS replacement. He will continue to lead the CHESS replacement until he has selected a new leadership team for the…
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ASIC found Saxo's TMDs for derivative products to be inappropriate, particularly concerning retail clients who use CFDs as a significant part of their investment portfolio, clients with investment timeframes of up to one year or up to three years, and specific instruments sought by retail clients for growth and income. CFDs are derivative contracts with…
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WTI Oil Daily Timeframe. The price of oil has been on a downward slide since topping at $126.35/bbl, pencilling in a series of lower lows and lower highs since March 2022. I did note that since the unit chalked up a lower low at $63.94 (4 May), a move which reaffirmed the market’s bearish bias,…
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With the integration, traders will receive the trading signals before the markets open which will allow them to plan their strategies in advance and make informed decisions. Additionally, the signals will include entry, exit, and stop loss levels. Traders also have the ability to customise their trading experience by utilising market-based filters for trading signals…
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ThinkMarkets specializes in providing retail trading services and has expanded its institutional presence through a liquidity provisioning platform launched in 2021. The recent announcement highlighted that the broker serves 138,500 clients across 165 countries. It experienced a compound annual growth rate (CAGR) of 24 percent and generated $62 million in revenue in 2022. As part…
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GBP/USD: Downside Move Unsurprising GBP/USD initially rose following the announcement to increase the Bank Rate, though it failed to find acceptance north of the $1.26 level. Subsequent flow witnessed a one-sided decline unfold to $1.25 during US trading. The recent bout of selling should not have raised too many eyebrows, particularly for those who adopt…
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Market Reaction; Where Next for the Euro? The immediate aftermath of the US CPI release witnessed the EUR/USD catch a bid and eventually knock some of the wind out of the $1.10 handle: a clear-cut bull trap which likely ensnared breakout buyers and consumed several protective stops from those attempting to fade the psychological level.…
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The broker has also sponsored the Australian Open and the Sydney Swans AFL team. Raul Aguirre, CEO of Bahia SAF, commented: We are thrilled about for our new partnership with Axi. With over 15 years of expertise as a Forex and CFD broker, Axi has proven itself a proven track record across for its innovation…
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