ATFX released a quarterly market report for the new year where market specialists from different regions share insights, analysis and predictions on currency pairs, commodities, and equity markets for the year. The report features Chief Market Analyst for ATFX UK Alexandro Zambrano talking about the impact of regional economic growth rates for the EURUSD. He…
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ACY Securities announced the appointment of Alistair Schultz as their new Chief Market Analyst. Schultz has 15 years of trading experience in FX and CFD markets. He has worked with institutional clients with focus on algorithmic trading, as well as retail clients, providing market analysis. With vast experience as analyst, educator and trading coach, Schultz…
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Singapore Exchange Regulation (SGX RegCo) is making its monitoring and regulating system more effective with the use of artificial intelligence (AI) improvements. Introducing AI in regulation can help single out unusual trading activities through analysis of historical data and avoiding noise from developments between the financial markets. Thus, the regulatory agency can focus on smaller…
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The following article was prepared by Alejandro Zambrano, Chief Market Strategist at ATFX. Coronavirus Spread Slows In late January, the financial markets reacted forcefully to the news of the Coronavirus. Most of the damage to markets occurred in the China stock indices, such as the Shanghai Composite, which slid by 13.32% from January 21 to February…
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AvaTrade Japan announced earlier that it has launched MetaTrader 5 (MT5) trading platform in its local office. Japanese traders will now have access to all three versions of the platform - desktop, mobile and web. MT5 features a low spread (0.4 pips), as well as hundreds of additional trading instruments including stocks, Indices and ETFs. The platform…
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Australian Securities and Investments Commission (ASIC) announced today the permanent ban of Queensland financial adviser Warren Scott Acworth from providing financial services. The investigation that led to the ban looked into Acworth’s conduct between December 2015 and May 2018 when he was working as adviser with Macquarie Equities Limited and in particular trading activities on…
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The trading solutions company, Tourmaline Partners, LLC, announced the recruitment of Joe Hodgkins as a senior trader in the firm’s Asia-Pacific office in Sydney. Tourmaline’s Syndey office opened in January 2018 as part of the expansion of the company in the Asia-Pacific (APAC) region and the growing demand for trading services there and increasing interest…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 11, 2020. Asian stocks have continued their move higher as much of China got back to work after the extended Lunar New Year break, albeit at a significantly reduced level due to self quarantine rules. Many…
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The Federal Court found One Tech Media Ltd, (OTML), Allianz Metro Pty Ltd, Eustace Senese and Yoav Ida in breach of the Corporations Act for pressure sale of binary options. The Seychelles-based company OTML was caught trading binary options without Australian Financial Services Licence (AFSL) and without providing the necessary product disclosure statements. Justice Davis…
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Australia-based FX and CFD trading provider AxiCorp has earlier this week announced that it will acquire the UK-headquartered trading technology firm Star Financial System. The cash-based deal will include Star’s technology, staff, operations and licenses, but it does not necessarily represent a signal for radical change. AxiCorp’s CEO Rajes Yohannan noted in a statement that…
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