European expansion on agenda for FXCM as German FX and CFD firm FXFlat enters partnership

Prominence in high-quality regions is very much the direction which FXCM Inc(NYSE:FXCM) has majored on as part of its corporate ethos for many years. Today, a partnership with German FX and CFD brokerage FXFlat has come to fruition, further strengthening the company’s European foothold via strategic expansion. FXCM will provide the firm’s proprietary trading platform, […]

fxcm

Prominence in high-quality regions is very much the direction which FXCM Inc(NYSE:FXCM) has majored on as part of its corporate ethos for many years.

Today, a partnership with German FX and CFD brokerage FXFlat has come to fruition, further strengthening the company’s European foothold via strategic expansion.

FXCM will provide the firm’s proprietary trading platform, Trading Station, as well as MetaTrader 4 to FXFlat customers, along with FXCM’s trading environment.

Today, Rafael Neustadt, Managing Director and CEO of FXFlat made a commercial statement on the partnership

The new partnership is a win-win situation not only for FXFlat Wertpapierhandelsbank and FXCM, but especially for the customer. With this cooperation we are further expanding our extensive range of excellent trading tools, attractive costs and transparent solutions.”

FXCM has developed a very keen methodology toward offering Enhanced Index CFD products, a matter which FinanceFeeds discussed at the firm’s head office in New York with CEO Drew Niv recently. By offering a multi-asset trading environment in this manner, FXCM’s continued strength in established markets is likely to continue to be a very major force during the coming year.

Photograph: FXCM’s Head Office, New York, USA. Copyright Andrew Saks-McLeod

Read this next

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

<