The prospective competition from central bank digital currencies may come into sharp focus, said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
Market News
In any other asset class, it would have been worrying. For cryptocurrency investors, it’s Tuesday.
Cryptocurrency investors have experienced one market crash in April and another one in June, which leaves some anxious when the overall market is on the red.
“When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries.”
We spoke to thought leaders from Advanced Markets, FXOpen, and Equiti Capital to ascertain their view on what was behind last month’s crash as it is unlikely to be the last.
United Fintech plans to have an extensive fintech portfolio including products ranging from trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.
SGX acquired BidFX from TradingScreen 2020, having paid $25 million for a 20% stake in 2019. The remaining 80% stake was priced at $128 million. The deal allowed SGX to expand its reach beyond FX futures into the global FX over the counter (OTC) market.
A 2017 research study pointed to insider trading as a pervasive practice among the most successful investors in China. Only time will tell if the new rules will make a dent in their gains.
AmorFX status as the latest Member of the Financial Commission took effect on December 24, 2020, following the approval of its membership application by the Financial Commission The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex) and derivatives markets, accepts AmorFX […]
“We are excited to partner with Finstek to provide the latest piece of technology within the aggregation and bridging space and bundle it with our bespoke liquidity resulting in the most cost-efficient solution to date for MT4 and MT5 brokers” says Paul Groves of CFH
Do we want the beige cardigan or the urbane hi-tech leader? Britain’s government throws down the gauntlet
Market Analyst Ramy Abouzaid looks at how the daily economic conditions that face two people, one in Argentina and one in Turkey, can affect the FX market’s exotic currency pairs
Paul Foley of Cyprus based management consultancy TCG explains the important considerations of GDPR, MiFID II and how these impinge on regulators and regulated firms in Cyprus and Britain, including a look at ‘passporting’ with a focus on exposure to potential law suits
An exclusive audience of top level Chinese IBs were hosted by FinanceFeeds yesterday in Shanghai. Here is the full report
With France a key cog in the EU and early favorite Marie Le Pen threatening to remove France from the EU if elected, the stage was set for the very real possibility that the European Union would be no longer, says Leverate’s Adinah Brown
A total of 1,174 companies entered into administration across the UK in 2016, compared to 1,111 in the preceding year, an analysis by KPMG shows.
An industry report by East and Partners shows that the top non-bank provider of foreign currency to British firms last year was Western Union, followed by Monex, CMC Markets, IG Markets, Saxo Bank and American Express.
London Stone Securities stockbroker Caoimhe O’Driscoll looks at some historically safe haven blue chips which are trading at attractive entry levels. She provides an analysis looking at dividends, dividend cover, RSI, support and resistance levels.
The ruling today by the Financial Conduct Authority has had a decimating effect on the share prices of IG Group (down 22%), Plus500 (down 38%), and CMC Markets (down 23%) as CFDs – the core business of most British electronic trading firms – are subject to leverage caps and further restrictions. All this effect on top quality firms, yet the British authorities turn a blind eye to binary options fraud whilst other countries take action
All the latest trends, analytics, and research from the currency, Forex, CFD, electronic trading and multi-asset trading world.