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EURGBP bears ready pounce? :: InvestMacro

EURGBP bears ready pounce? :: InvestMacro

Euro ↓ on political jittersEURGBP hits 22-month low  UK Jobs report & EU data in focusTechnical level –  0.8500Bloomberg FX model – 80% – EURGBP – (0.84065 – 0.85327)Euro bears are back in action thanks to political uncertainty linked to the European Parliament...

politicians to blame :: InvestMacro

politicians to blame :: InvestMacro

By RoboForex Analytical DepartmentEUR/USD plummeted below 1.0800 and is currently hovering around 1.0796 on Monday morning. This development came amid heightened political tensions in France. President Emmanuel Macron called for early elections on Sunday in the wake...

MoneyGram appoints Gary W. Ferrera as CFO

MoneyGram appoints Gary W. Ferrera as CFO

MoneyGram International, Inc., global financial technology company, today announced the appointment of Gary W. Ferrera as Chief Financial Officer (CFO). In this role, Ferrera will lead all aspects of finance, accounting, tax and treasury, in support of the continued...

Cboe Options adds two 10G customer switches on NY5

Cboe Options adds two 10G customer switches on NY5

Effective immediately, Cboe Options Exchange (C1) has added two additional 10G switches to the NY5 datacenter customer access layer as part of ongoing switch hardware upgrades in the C1 environment. Two new 10G L3 switches are now available on the existing NY5...

Speculator bets led by Coffee & Cocoa :: InvestMacro

Speculator bets led by Coffee & Cocoa :: InvestMacro

By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday June 4th and shows a quick view of how large traders...

Swiss FINMA publishes guidance on cyber risks

Swiss FINMA publishes guidance on cyber risks

The Swiss Financial Market Supervisory Authority (FINMA) today published its guidance on cyber risks. All supervised institutions have obligation to report cyber attacks. The institution has 24 hours from the time a cyber attack is discovered to submit an initial...

Paul Purcell resigns from Sezzle BoD

Paul Purcell resigns from Sezzle BoD

Sezzle Inc. (NASDAQ:SEZL) today announced that Paul Purcell resigned from its Board of Directors on June 6, 2024, and declined to stand for reelection at the 2024 Annual Meeting of Stockholders. Mr. Purcell has served on Sezzle’s Board for 5 years (since April 2019)...

Coinbase introduces Advanced Trade Go SDK

Coinbase introduces Advanced Trade Go SDK

Coinbase is introducing Advanced Trade Go SDK – a flexible sample application that allows customers to automate their crypto trading strategies on Coinbase Advanced. This SDK is built on top of Coinbase Advanced REST APIs and simplifies the development process,...

MT5 build 4380 comes with series of enhancements

MT5 build 4380 comes with series of enhancements

Fintech company MetaQuotes has announced the upcoming release of build 4380 of the MetaTrader 5 (MT5) platform. The MetaTrader 5 platform update will be released on Friday, June 7, 2024. The new version features the following changes: MetaTrader 5 Client Terminal...

Robinhood to acquire Bitstamp for $200M in cash

Robinhood to acquire Bitstamp for $200M in cash

Robinhood Markets, Inc. has entered into an agreement to acquire Bitstamp Ltd, a global cryptocurrency exchange. Robinhood expects the final deal consideration to be approximately $200 million in cash, subject to customary purchase price adjustments. The acquisition...

LSEG names Pascal Boillat its COO

LSEG names Pascal Boillat its COO

London Stock Exchange Group plc (LSEG) today announces that Pascal Boillat has been appointed as Chief Operating Officer (COO). Pascal Boillat Mr Boillat will join the Group on 1 July 2024, reporting to David Schwimmer. Based in New York, Pascal will lead LSEG’s...

ASIC cancels licence of Aussie Wealth Super

ASIC cancels licence of Aussie Wealth Super

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of Aussie Wealth Super Pty Ltd. The cancellation is effective from 3 June 2024. The AFS licence was cancelled after ASIC received notification...

FINRA fines Crown Capital Securities

FINRA fines Crown Capital Securities

Crown Capital Securities has agreed to pay a $50,000 fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). From January 2014 to December 2019, Crown Capital Securities failed to reasonably supervise transactions that the firm’s...

Breaks $71k ahead of US NFP :: InvestMacro

Breaks $71k ahead of US NFP :: InvestMacro

Roughly 4% away from all-time highOver past year NFP triggered moves of ↑ 2.5% & ↓ 1%Key level of interest – $72,000Are Bitcoin bulls gearing up for another charge higher?Well, the world’s largest cryptocurrency has jumped almost 5% this week, trading around...

IEX appoints John Palmer to lead new markets

IEX appoints John Palmer to lead new markets

IEX Group, Inc today announced the appointment of John Palmer to lead its efforts to build out new markets. As a member of the IEX Group, Inc. leadership team, Palmer will focus on leveraging the strengths of IEX’s core system and technology to develop new markets and...

Finseta completes sale of Capital Currencies

Finseta completes sale of Capital Currencies

Finseta plc (LON:FIN), a Forex and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces the completion of the sale of 100% of the share capital of Capital Currencies Ltd. The...

Marqeta opens new office in Poland

Marqeta opens new office in Poland

Marqeta, a global modern card issuing platform, today announced its new office in Warsaw, Poland to support its long term business and growth strategies. By setting up operations in Poland, Marqeta gains direct access to the European Union, positioning it well for...

LMAX launches FX NDFs trading in Singapore and London

LMAX launches FX NDFs trading in Singapore and London

Institutional FX and digital assets broker LMAX Group has announced the launch of FX Non-Deliverable Forwards (NDFs), available to trade in two matching centres, Singapore (SG1) and London (LD4). The launch follows the receipt by LMAX Exchange, the Group’s global...

Hits 3-week high :: InvestMacro

Hits 3-week high :: InvestMacro

Sugar ↑ almost 3% month-to-dateRoughly 25% away from 2024 highH1 prices bullish but RSI overboughtTechnical levels – 19.08, 18.90 and 18.50Check this out, FXTM’s new Sugar commodity has just touched a fresh three-week high!After wobbling near multi-week lows, prices...

Edmund Reese to step down from role of Broadridge CFO

Edmund Reese to step down from role of Broadridge CFO

Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Edmund Reese, Chief Financial Officer, will be stepping down from his role, effective June 30, 2024. Mr Reese will become Chief Financial Officer of Aon, a $61 billion market capitalization global...

Cboe Silexx adds Favorites, enhances Risk Radar

Cboe Silexx adds Favorites, enhances Risk Radar

Cboe Silexx, a multi-asset order execution management system (OEMS) that caters to the professional marketplace, has announced a series of enhancements as part of version 24.4. Cboe announces the release of favorites. Users can now save favorites within the Multi...

Bitpanda expands partnership with Deutsche Bank

Bitpanda expands partnership with Deutsche Bank

Fintech unicorn Bitpanda is expanding its partnership with Deutsche Bank to provide real-time payment solutions for incoming and outgoing transactions for users in Germany. This API-based account solution will provide Bitpanda with access to German IBANs, streamlining...

Dukascopy adds MT5 to lineup of trading platforms

Dukascopy adds MT5 to lineup of trading platforms

Following the successful completion of Beta testing Dukascopy Bank SA today announced the addition of MetaTrader 5 (MT5) to its suite of trading platforms, including the outstanding JForex 4 and the popular MT4 platform. This addition marks a significant enhancement...

OPEC+ extending key oil production cuts :: InvestMacro

OPEC+ extending key oil production cuts :: InvestMacro

By JustMarketsOn Friday, the Dow Jones (US30) Index gained 1.51% (for the week -1.03%), while the S&P 500 (US500) Index was up by 0.80% (for the week -0.07%). The NASDAQ Technology Index (US100) closed negative 0.01% (for the week -0.31%). Stocks rallied sharply...

Speculator bets led by S&P500 & VIX :: InvestMacro

Speculator bets led by S&P500 & VIX :: InvestMacro

By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 28th and shows a quick view of how large traders...

UBS closes merger of UBS AG and Credit Suisse AG

UBS closes merger of UBS AG and Credit Suisse AG

UBS Group AG announced today that it has completed the merger of UBS AG and Credit Suisse AG. The completion of the merger within the expected timeline was facilitated by the strong support from regulators across the globe. Today, Credit Suisse AG has been...

Brent waits on OPEC+ meeting :: InvestMacro

Brent waits on OPEC+ meeting :: InvestMacro

Brent ↑ 6% year-to-dateHeaded for biggest monthly ↓ in 2024OPEC+ decision, EIA data & NFP in focusOver past year NFP triggered moves of 1% ↑ or ↓Technical levels – $84.50 & $81.00Key central bank decisions and top-tier economic data could rock markets in the...

In Conversation with Dany Mawas: Finalto ODP Solutions

In Conversation with Dany Mawas: Finalto ODP Solutions

FNG Interview… The annual Finance Magnates Africa Summit (FMAS) conference is a cornerstone event for the financial services sector, offering a platform for industry leaders to discuss the latest trends and regulatory developments. This year, FMAS:24 was particularly...

ANZ sells remaining 5.2% shareholding in AmBank

ANZ sells remaining 5.2% shareholding in AmBank

ANZ has agreed to sell its remaining 5.2% of the issued capital in AMMB Holdings Bhd (AmBank) via a block trade at a price of MYR4.10 per share. ANZ Chief Financial Officer Farhan Faruqui said: “The sale of our equity stake in AmBank is a significant milestone in...

Cotton, EURCHF & UK100 hit targets :: InvestMacro

Cotton, EURCHF & UK100 hit targets :: InvestMacro

Cotton bulls bag 80 pointsEURCHF secures all 4 bearish targetsUK100 slams into 3rd bullish levelAnticipation was the theme this week as investors braced for the incoming US PCE data.It felt like a typical “calm before the storm” across markets ahead of this key risk...

Broadridge acquires AdvisorTarget – FX News Group

Broadridge acquires AdvisorTarget – FX News Group

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has acquired AdvisorTarget, a market leader in providing asset management and wealth management firms with data products to help power digital marketing, sales and engagement...

Robinhood introduces Robinhood Crypto Trading API

Robinhood introduces Robinhood Crypto Trading API

Robinhood Crypto customers in the United States can now use the Robinhood API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically. “With our new crypto trading API, we’re helping customers harness the full...

Brent crude oil declines again :: InvestMacro

Brent crude oil declines again :: InvestMacro

By RoboForex Analytical DepartmentThe commodity market, struggling to maintain its upward momentum, frequently slips into sell-offs. On Thursday, the price of Brent crude oil fell to 83.60 USD per barrel.On Wednesday evening, Brent lost almost 1% of its value due to...

TradingView offers new opportunities for Dhan clients

TradingView offers new opportunities for Dhan clients

TradingView is offering new opportunities for Dhan clients by adding options trading to the integration. Launched in 2021, Dhan is a user-first trading and investing platform driven by technological innovations. With a strong focus on tech and product development,...

Saxo UK hires InvestCloud exec Andrew Bresler as CEO

Saxo UK hires InvestCloud exec Andrew Bresler as CEO

Copenhagen based Retail FX and CFDs broker Saxo Bank has announced the appointment of Andrew Bresler as CEO of Saxo Capital Markets UK Ltd, the company’s London-based and FCA regulated unit, effective June 3rd. He takes over from interim CEO Simon Camilleri, the...

Garanti BBVA’s crypto app now supports AVAX coins

Garanti BBVA’s crypto app now supports AVAX coins

Garanti BBVA’s mobile platform for cryptocurrencies now offers Avalanche c-chain support for AVAX coins, an asset in high demand in Türkiye. The cryptocurrency joins Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) on the ‘Garanti BBVA Crypto’ app, which provides...

CySEC suspends authorisation of W.G. Wealth Guardian

CySEC suspends authorisation of W.G. Wealth Guardian

The Cyprus Securities and Exchange Commission (CySEC) announces that the authorisation of the Cyprus Investment Firm W.G. Wealth Guardian Ltd is suspended in whole. The suspension is executed pursuant to section 10(1) of Directive DI87-05 for the Withdrawal and...

Shaky ahead of PCE inflation data :: InvestMacro

Shaky ahead of PCE inflation data :: InvestMacro

Bitcoin ↑ 14 month-to-dateCould be rocked by US inflation dataOver past year PCE triggered moves of ↑ 1% & ↓ 2.3%Technical levels –  $70,000 & $67,000Keep eye on Ethereum, Solana & Litecoin among othersThe past few days have been volatile for the world’s...

Circle launches in Brazil – FX News Group

Circle launches in Brazil – FX News Group

Circle, a global financial technology firm and the issuer of the USDC stablecoin, today announced its official launch in Brazil. This expansion marks an opportunity to deliver highly demanded USD-backed digital dollars and digital asset infrastructure to a market at...

PayPoint announces £1M investment in Aperidata

PayPoint announces £1M investment in Aperidata

PayPoint has today announced a £1 million investment in Aperidata Ltd, an innovative consumer and business credit reporting and Open Banking platform. The deal will see the PayPoint Group building on an existing commercial partnership between the two companies...

NFA imposes $150k fine on Sigma Broking Limited

NFA imposes $150k fine on Sigma Broking Limited

The United States National Futures Association (NFA) has ordered Sigma Broking Limited to pay a $150,000 fine. Sigma Broking is an introducing broker Member of NFA located in London, United Kingdom. The Decision, issued by an NFA Hearing Panel, is based on a Complaint...

PayPal announces new leadership appointments

PayPal announces new leadership appointments

PayPal Holdings, Inc. (NASDAQ:PYPL) today announced new leadership appointments that will drive the creation of a new advertising platform and strengthen the company’s consumer value proposition. Mark Grether will join on May 28 as SVP, General Manager, PayPal Ads,...

CMO Themis Christou leaves prop firm The Trading Pit

CMO Themis Christou leaves prop firm The Trading Pit

Cyprus based executive Themis Christou has announced that he has left his position as Chief Marketing Officer (CMO) of prop trading firm The Trading Pit. His departure comes soon after The Trading Pit co-founder Christoph Radecker, and Thomas Heyden, who served as CEO...

Set for a major rebound? :: InvestMacro

Set for a major rebound? :: InvestMacro

Cotton ↑ 7% month-to-dateHeaded for first ↑ month since FebOver 20% away from 2024 highH4 prices bullish but RSI overboughtTechnical levels – 83.90, 81.50, 79.50FXTM’s new Cotton commodity could be set for a major rebound after ending last week on a firmly positive...

CySEC to launch its Regulatory Sandbox

CySEC to launch its Regulatory Sandbox

Recognizing the rapid evolution of financial, regulatory and supervisory technology, the Cyprus Securities and Exchange Commission (CySEC) today announced the establishment of its Regulatory Sandbox, which constitutes the evolution of its Innovation Hub. The...

Monex’s Coincheck boasts success of BRIL IEO

Monex’s Coincheck boasts success of BRIL IEO

Coincheck, Inc., a subsidiary of Japanese online trading company Monex Group, Inc., today updated on the Brilliantcrypto Token (BRIL) IEO. Coincheck announced that the total application amount for the Brilliantcrypto Token (BRIL), whose purchase applications began on...

Canada launches T+1 Settlement one day before the US

Canada launches T+1 Settlement one day before the US

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada. Canada has been planning for T+1 Settlement for two years. The...

Spotware releases cTrader Desktop 5.0.22

Spotware releases cTrader Desktop 5.0.22

Fintech company Spotware Systems has released cTrader Desktop 5.0.22. The latest version of the desktop platform offers Shared Access for branded cTrader applications. A number of issues were addressed, including: Backtesting performance degradation Parent StackPanel...

eToro introduces Live Trades – FX News Group

eToro introduces Live Trades – FX News Group

Online broker eToro is enhancing its platform by introducing Live Trades. The new feature is now live for almost all users (not including US for now). It is accessible from the Discovery page just below the Copy Trader section. This feature gives traders valuable...

MetaQuotes releases MT5 platform beta build 4330

MetaQuotes releases MT5 platform beta build 4330

Fintech company MetaQuotes has released MetaTrader 5 platform beta build 4330, offering more analytical objects in the Web platform and adding a Welcome page in MetaEditor. In this update, new analytical objects were added to the web platform. Now, you can utilize the...

Exclusive: Prop firm SurgeTrader closes

Exclusive: Prop firm SurgeTrader closes

FNG Exclusive… FNG has learned that Florida based retail prop trading firm SurgeTrader has shut, following a decision made earlier in the week by trading platform operator Match-Trade Technologies to revoke the license it granted to SurgeTrader to use its Match-Trader...

FXTM goes offshore, relinquishing CySEC license

FXTM goes offshore, relinquishing CySEC license

Cyprus financial regulator CySEC has announced that Retail FX and CFDs brokerage operator Forextime Ltd has had its CIF license withdrawn, due to the company’s decision to expressly renounce it. Forextime, which operates the FXTM brand, had held a CySEC CIF license...

USDJPY waits for fundamental spark :: InvestMacro

USDJPY waits for fundamental spark :: InvestMacro

Tokyo CPI & US PCE in focusUSDJPY 2% away from multi-decade topPrices bullish but RSI near overboughtBloomberg FX model – 77% USDJPY – (155.21 – 158.45)Despite the holiday-shortened week ahead for the UK and US, markets could remain volatile due to top-tier data...

CME Group to launch CME NSP connectivity option

CME Group to launch CME NSP connectivity option

International derivatives marketplace CME Group will soon launch the ability for clients to connect to EBS services via the new CME NSP connectivity option. Clients will be able to connect via a resilient, fully managed service from leading global network service...

CFI named as FIBA WASL Final 8 Official Partner

CFI named as FIBA WASL Final 8 Official Partner

Leading online trading provider CFI has announced its role as the Official Partner of the FIBA WASL (West Asia Super League) Final 8 tournament. This premier event is set to take place this year in Doha, Qatar, from May 25th to June 1st. FIBA WASL Final 8, organized...

CobaltFX names Stephen Nelson COO, Daniel Evans CPO

CobaltFX names Stephen Nelson COO, Daniel Evans CPO

United Fintech unit CobaltFX has announced some changes in its senior management ranks, with the company naming Stephen Nelson as CobaltFX’s new Chief Operating Officer (COO), and Daniel Evans Chief Product Officer (CPO). Both Stephen Nelson and Daniel Evans have been...

Gold falls from highs :: InvestMacro

Gold falls from highs :: InvestMacro

By RoboForex Analytical DepartmentThe price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The general tone of the Fed’s policymakers was notably cautious, aligning with previous...

Argentex expands to Australia with AFSL license

Argentex expands to Australia with AFSL license

London-headquartered currency risk management and alternative banking specialist Argentex Group plc (LON:AGFX) has announced that it has been granted its Australian Financial Services License (AFSL), a pivotal step in the business’s strategic plan. The license,...

Is Oil Back in Buying Territory? :: InvestMacro

Is Oil Back in Buying Territory? :: InvestMacro

Technical Analyst Clive Maund reviews charts in the oil sector to explain why he believes oil might be in buying back territory.With the main fundamental drivers for a higher oil price remaining in play, namely continuing strife in the Mid-East with the ongoing risk...

FIS launches new mobile banking application

FIS launches new mobile banking application

FIS (NYSE:FIS) has launched an enhanced version of its flagship mobile banking application for financial institutions. FIS Digital One Flex Mobile 6.0 is tailored for banks seeking to meet evolving customer expectations in the digital era. The application allows...

Is a Scorching PM Sector Rally Ahead? :: InvestMacro

Is a Scorching PM Sector Rally Ahead? :: InvestMacro

Technical Analyst Clive Maund explains why he believes a rally in precious metals, specifically gold and silver, may be imminent. The PM sector did exactly as predicted in the article WHEN THE RUBBER HITS THE ROAD – THE SCORCHING PM SECTOR RALLY AHEAD posted on the...

ETF D-Day looms :: InvestMacro

ETF D-Day looms :: InvestMacro

Ethereum ↑ over 20% this weekCrypto could rally another 35,000 pointsPrices bullish on D1 but RSI overboughtKey level of interest at $3806.49 & $40000Ethereum is back in the spotlight after soaring over 20% this week.The world’s second-largest cryptocurrency by...

Santander joins Eurex for listed FX business

Santander joins Eurex for listed FX business

Santander Asset Management has started expanding its FX futures business to Eurex, supported by Banco Santander as Clearing Member and Deutsche Bank as liquidity provider. This move of Santander Asset Management underlines the trend towards listed FX business. More...

Tradition announces voting result regarding dividend

Tradition announces voting result regarding dividend

Compagnie Financière Tradition SA announces that the Annual General Meeting held on May 21, 2024 at 3.30 pm approved the dividend proposal of the Board of Directors published in the Swiss Official Gazette of Commerce on April 25, 2024. The dividend consists of a cash...

German regulator warns against Pepperstone clone

German regulator warns against Pepperstone clone

Germany’s Federal Financial Supervisory Authority (BaFin) warns consumers about the website pepperstone.vip. According to information available to BaFin, financial and investment services are being provided on this website without the required authorisation. BaFin...

Hits fresh 11-year high above $32 :: InvestMacro

Hits fresh 11-year high above $32 :: InvestMacro

Silver ↑ 33% year-to-dateOne of the best-performing major commoditiesRelatively “cheap” compared to goldBullish on D1 but RSI overbought Gold is not the only metal delivering glittering returns this year…Silver has also been on a tear, soaring to its highest level in...

Euro/Dollar in consolidation :: InvestMacro

Euro/Dollar in consolidation :: InvestMacro

By RoboForex Analytical DepartmentThe EUR/USD pair is gently declining towards 1.0858 on Tuesday but remains within a medium-term range.This week sees few significant US statistics releases, which could provide investors with insights into future interest rate...

Bitget appoints Gracy Chen as CEO

Bitget appoints Gracy Chen as CEO

Bitget, a cryptocurrency exchange and Web 3 company, today announces the appointment of Gracy Chen as its new Chief Executive Officer (CEO). She succeeds Sandra Lou, who will be leaving the platform to pursue her own business goals. Ms Chen has over 10 years of...

Alpha Group launches Alpha Match

Alpha Group launches Alpha Match

Alpha Group International plc (LON:ALPH) today announced the launch of Alpha Match. Alpha Match is Alpha’s digital debt intermediary service. It aims to disrupt the fund finance industry with its impartial database of more than 290 lenders – making the process of...

Japan, Singapore renew Bilateral Swap Arrangement

Japan, Singapore renew Bilateral Swap Arrangement

The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore renewed the existing Bilateral Swap Arrangement (BSA) between the two countries. The BSA enables the authorities in Japan and Singapore to swap their local...

Public introduces fractional bond trading

Public introduces fractional bond trading

Public is introducing fractional bond investing to all its members. Now, they can buy and sell corporate and Treasury bonds for as little as $100. Public has already started offering real-time trading of fractional stocks and ETFs. Now, the platform is doing the same...

Gold hits new record high :: InvestMacro

Gold hits new record high :: InvestMacro

By RoboForex Analytical DepartmentOn Monday, a troy ounce of gold set a new price peak of 3438.00 USD. This surge was fuelled by renewed speculation about potential interest rate cuts by the US Federal Reserve, vigorous gold purchases by banks globally, and strong...

Nvidia headed for $1000 milestone? :: InvestMacro

Nvidia headed for $1000 milestone? :: InvestMacro

Nvidia almost ↑ 90% year-to-dateWill chipmaker see new all-time high?Pay close attention to Nvidia’s datacenter revenue forecastsShares could move 8.6% ↑ or ↓ post earnings on Thursday!    Nvidia last earnings saw S&P 500’s biggest 1-day jump in over 12 monthsIn...

eToro, Arabesque AI launch new portfolio

eToro, Arabesque AI launch new portfolio

Online broker eToro has partnered with Arabesque AI, an investment advisory and technology company, to launch a new Sharia-compliant portfolio for users in the Middle East. Named ShariaAI-Growth, the portfolio leverages Arabesque’s AI technology and bank of...

ICE Midland WTI crude futures hit highest volume day

ICE Midland WTI crude futures hit highest volume day

Intercontinental Exchange, Inc. (NYSE:ICE) today announced that its ICE Midland WTI (ICE:HOU) crude futures contract hit its highest volume day on May 13, 2024, with over 100,000 contracts traded. The volume activity follows records set in the HOU futures contract in...

GBPNZD braces for double risk cocktail :: InvestMacro

GBPNZD braces for double risk cocktail :: InvestMacro

RBNZ decision & UK CPI in focusNZD best performing G10 currency MTDGBPNZD trapped in 1500 pip rangePrices bearish on D1 chartsBloomberg FX model: 76% GBPNZD – (2.0510 – 2.0924)High impact events ranging from central bank decisions, key inflation data and speeches...

HKMA, PBoC expand e-CNY pilot

HKMA, PBoC expand e-CNY pilot

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have made further progress in the e-CNY pilot for cross-border payments and will expand the scope of e-CNY pilot in Hong Kong to facilitate the set up and the use of e-CNY wallets by Hong...

SBI Holdings invests in Chainstack

SBI Holdings invests in Chainstack

SBI Holdings, Inc. today announced its investment in Chainstack Pte. Ltd., a company providing blockchain nodes’ services, through SBI-Sygnum-Azimut Digital Asset Opportunity Fund. Chainstack, founded in 2019 in Singapore, is a Web3 infrastructure provider that offers...

Spotware Systems rolls out cTrader Mobile 5.0

Spotware Systems rolls out cTrader Mobile 5.0

Fintech company Spotware Systems has rolled out the latest version of the cTrader Mobile app for iOS-based and Android-based devices. cTrader Mobile 5.0 delivers the new Algo application to your device. Start cBots in Cloud, and they will be able to trade 24/7 even if...

Tickmill launches Interest Rate Offering

Tickmill launches Interest Rate Offering

Tickmill, a leading multi-regulated broker with a global presence, has announced its interest rate offering, which enables clients to earn interest on their unused funds. This initiative highlights Tickmill’s client-oriented approach and commitment to providing...

JPY has sharply strengthened :: InvestMacro

JPY has sharply strengthened :: InvestMacro

By RoboForex Analytical DepartmentThe yen’s exchange rate rose to the US dollar on Thursday in response to improving prospects for the Federal Reserve interest rate. The USDJPY pair has declined to 153.88.After the US released up-to-date data on April inflation, the...

USDInd, Soybean & EU50 hit targets! :: InvestMacro

USDInd, Soybean & EU50 hit targets! :: InvestMacro

USDInd bears take home 600 points!Soybean: No fireworks but H1 bullish target hit!EU50 secures ALL 4 bearish targetsThe recent resurgence of the meme-stock mania and cooling US inflation data have certainly made this an eventful week for markets!And more volatility...

EBS FX trades now supported in CME STP Trade View

EBS FX trades now supported in CME STP Trade View

Effective immediately, EBS FX trades are now supported in the CME STP Trade View application. CME STP Trade view has been enhanced with Profile support. EBS clients can use the predefined profile that is tailored for EBS trades and have the ability to save custom...

Match-Prime Liquidity names Michael Nichols as CCO

Match-Prime Liquidity names Michael Nichols as CCO

Match-Trade Technologies and its strategic partner Match-Prime have announced that following the opening of a representative office in Dubai at the beginning of the year, the group is making some changes in strategic management positions. Michael Nichols, who has led...

Trading.com to pay $50k fine to settle NFA charges

Trading.com to pay $50k fine to settle NFA charges

The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges...

Finalto unveils new offices in Singapore

Finalto unveils new offices in Singapore

Finalto Asia Pte Ltd has announced its relocation to a new office at 79 Anson Road UE BizHub, Singapore. The company said that this expansion underscores Finalto’s commitment to strengthening its presence in Asia and its dedication to being a truly global financial...

TradingView introduces Volume footprint chart type

TradingView introduces Volume footprint chart type

TradingView has added Volume footprint to the lineup of chart types. The new Volume footprint chart type for Premium and higher-tier plans shows the distribution of trading volume across several price levels within each bar. The information from this chart type helps...

Robinhood Crypto launches Staking in Europe

Robinhood Crypto launches Staking in Europe

US neobroker Robinhood (NASDAQ:HOOD) has announced that its Robinhood Crypto unit has launched a series of new features specifically designed for its customers in Europe, including staking (the crypto equivalent of interest on deposits), localized apps, crypto rewards...

Capital.com names Rupert Osborne as UK CEO

Capital.com names Rupert Osborne as UK CEO

Continuing to remake its senior management ranks following the departure last year of CEO Peter Hetherington, Retail FX and CFDs broker Capital.com has announced the appointment of Rupert Osborne as CEO of Capital Com UK Limited (Capital.com UK), subject to regulatory...

JPY declines again :: InvestMacro

JPY declines again :: InvestMacro

By RoboForex Analytical DepartmentThe Japanese yen is declining against the US dollar for the seventh consecutive session. The USD/JPY pair is approaching the 156.40 mark.Japan’s government is poised for close cooperation with the Bank of Japan on currency market...

On breakout watch :: InvestMacro

On breakout watch :: InvestMacro

Soybean ↑ 5% month-to-dateInfluenced by various fundamentalsTrapped in range on W1 timeframeKey levels at 1211, 1188, 1170After bouncing within a weekly range since mid-January, FXTM’s new Soybean commodity could be on the brink of a major breakout!Prices are flirting...

TradingView expands its integration with Spreadex

TradingView expands its integration with Spreadex

TradingView is expanding its integration with Spreadex, a UK-based brokerage with over 20 years of experience. TradingView users logged into their broker accounts can now seamlessly access the spread betting functionality. Spreadex is an established provider of CFD...

Deutsche Bank joins Project Guardian

Deutsche Bank joins Project Guardian

Deutsche Bank today announced it has joined the Monetary Authority of Singapore’s (MAS) Project Guardian (as part of the asset and wealth management workstream). The collaborative initiative is dedicated to testing the feasibility of asset tokenization applications in...

Public officially launches Public Media Network

Public officially launches Public Media Network

Today, Public announced the official launch of the Public Media Network, its content network that hosts all Public media and shows in one place. The content arm was started in 2021 as Public saw a shift in how millennial and Gen Z investors accessed news and financial...

CFTC takes Agridime to Court for $161M Ponzi scheme

CFTC takes Agridime to Court for $161M Ponzi scheme

The Commodity Futures Trading Commission (CFTC) has taken Agridime LLC to Court for operating a Ponzi scheme. On May 10, 2024, the regulator filed a complaint against Agridime and co-founders Joshua Link and Jed Wood, at the Texas Northern District Court. According to...

eToro achieves SOC 2 Type II Compliance Certification

eToro achieves SOC 2 Type II Compliance Certification

Online brokerage eToro today announced it has achieved SOC 2 Type II Compliance Certification. SOC 2 Type II Compliance Certification is an auditing procedure designed to ensure that service providers securely manage data to protect the privacy of their clients. “SOC”...

CoinEx obtains VASP registration in Poland

CoinEx obtains VASP registration in Poland

Cryptocurrency exchange CoinEx has secured authorization as a Virtual Assets Service Provider (VASP) in Poland. This achievement is set to significantly enhance CoinEx’s position in the European cryptocurrency market. The authorization by the regulatory authorities in...

United Fintech opens new office in DIFC

United Fintech opens new office in DIFC

United Fintech is increasing its global presence with the opening of a new office in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, spearheaded by Athena, one of United Fintech’s partner companies, is a response to robust...

Cboe imposes $170,000 fine on Hilltop Securities

Cboe imposes $170,000 fine on Hilltop Securities

Hilltop Securities Inc. has agreed to pay a fine of $170,000 as a part of a settlement with Cboe Exchange, Inc. The matter originated from a review conducted by FINRA’s Department of Market Regulation regarding the Firm’s compliance with its obligations to report...

Speculator bets led by Corn & Soybeans :: InvestMacro

Speculator bets led by Corn & Soybeans :: InvestMacro

By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 7th and shows a quick view of how large traders...

Mogo amends existing $60M senior credit facility

Mogo amends existing $60M senior credit facility

Mogo Inc. (NASDAQ:MOGO), a digital wealth and payments business, today announced an amendment to its existing senior credit facility with funds managed by affiliates of Fortress Investment Group LLC. The amendment extends the maturity date of the Credit Facility from...

USDInd set for volatile week? :: InvestMacro

USDInd set for volatile week? :: InvestMacro

USDInd ↑ almost 4% year-to-dateKey US CPI report under spotlightWatch out for Fed speechesTrading within range on D1 chartsLevels of interest – 106.50, 105.60 & 105.00The week ahead is jampacked with top-tier data and speeches by numerous policymakers.But the...

UK100, Wheat & EURUSD hit targets! :: InvestMacro

UK100, Wheat & EURUSD hit targets! :: InvestMacro

UK100 bulls bag 770 pointsWheat “throwback” rewards bearsEURUSD secures all bearish targets Here are how these discussed instruments performed this week:     1) UK100 touches fresh record highWhere and when was Target Price (TP) published?In our week ahead article...

How does the brain think? :: InvestMacro

How does the brain think? :: InvestMacro

By Jennifer Robinson, Auburn UniversityCurious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to [email protected].How does the brain think? – Tom, age 16, San Diego, CaliforniaHave you ever wondered how your...

LTX by Broadridge integrates with MultiLynq

LTX by Broadridge integrates with MultiLynq

LTX, a subsidiary of Broadridge Financial Solutions Inc. (NYSE:BR), today announced its integration with MultiLynq, a leading provider of electronic fixed income trading connectivity and integration solutions, to accelerate connectivity to the LTX platform. Solutions...

Eurex to launch futures on FTSE All-World Index

Eurex to launch futures on FTSE All-World Index

Eurex is expanding its suite of global index derivatives in collaboration with FTSE Russell, the global index provider. As of 3 June, Eurex will launch futures on the FTSE All-World Index. Eurex’s index derivatives products, which covers global, national, and...

Citi makes strategic minority investment in Cicada

Citi makes strategic minority investment in Cicada

Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was made by Citi’s Markets Strategic Investments unit, which is responsible for the sourcing and execution of strategic investments relevant to Citi’s Markets franchise. Citi will...

Golden cross on the horizon? :: InvestMacro

Golden cross on the horizon? :: InvestMacro

USDSEK jumps on Riksbank cutCurrency pair in megaphone patternKey point of reference at golden 161.8 Fib levelPotential golden cross on horizonOther key levels at 11.0678 and 10.8333The USDSEK punched above 10.9 on Wednesday after Sweden’s central bank cut rates for...

Tradu launches crypto exchange – FX News Group

Tradu launches crypto exchange – FX News Group

Multi-asset trading platform Tradu has launched a new crypto exchange. From today, crypto traders can securely invest in over 40 coins including Bitcoin and Ethereum via Tradu’s trading platform. Tradu is part of Stratos Group International, LLC, a wholly owned...

HK regulator warns public of Quantum AI

HK regulator warns public of Quantum AI

The Securities and Futures Commission (SFC) of Hong Kong today warned the public of suspected virtual asset-related fraud involving an entity operating under the name of “Quantum AI”. Quantum AI claims to provide cryptocurrency trading services with its underlying...

FIS introduces fintech platform Atelio by FIS

FIS introduces fintech platform Atelio by FIS

FIS (NYSE:FIS), a global leader in financial technology, has today introduced Atelio by FIS, a fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings. The...

Touches fresh 2024 high! :: InvestMacro

Touches fresh 2024 high! :: InvestMacro

Wheat kisses new 2024 highWatch out for WASDE report on FridayBulls back in control on D1 chartsKey levels at 638, 629 and 615 FXTM’s new Wheat commodity is in the spotlight after hitting a fresh 2024 high on Tuesday!Prices hit the 638 level this morning as...

Nium partners with Emirates NBD

Nium partners with Emirates NBD

Nium, a provider of real-time cross-border payments, today announced a partnership with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, to empower customers with a cutting-edge global payments solution. The...

Valérie Urbain assumes role of Euroclear CEO

Valérie Urbain assumes role of Euroclear CEO

Valérie Urbain officially became the Chief Executive Officer (CEO) of the Euroclear group following the AGM, replacing outgoing CEO Lieve Mostrey. “I am delighted to welcome Valérie Urbain as our new CEO, and the Board and I are confident that she will successfully...