WIKIFX REPORT: XGLOBAL enters South Africa FX/CFD market acquiring 98 Degrees
Cyprus based, CySEC-licensed Retail FX and CFD brokerage group X GLOBAL Markets Ltd, which operates the XGLOBAL Markets brand, has announced a 45% acquisition of South African FSCA regulated broker 98 Degrees Alternative Risk (Pty) Ltd, which has now been rebranded as XGLOBAL Africa.
WIKIFX REPORT: CySEC Settles with eXcentral and NicoFX Operator for €290K
The Cyprus Securities and Exchange Commission (CySEC) has settled with Mount Nico Corp Ltd, the operator of the trading brand, eXcentral and NicoFX. The regulated company has already paid €290,000 as a part of the settlement for possible violation of regulations.
WIKIFX REPORT: CySEC reaches EUR 290,000 settlement with NicoFX and Excentral owner
The Cyprus Securities and Exchange Commission (CySEC) today announced a EUR 290,000 settlement with Cyprus investment firm (CIF) Mount Nico Corp Ltd. The company operates through brands such as NicoFX and Excentral.
WIKIFX REPORT: eXcentral Blog Rated Among Top Financial Blogs by Readers
According to a recent survey conducted amongst regular readers of eXcentral's blog, a large majority refer to it as one of the top sources for daily financial information and news. The survey, reaching thousands of readers with different demographic and geographic backgrounds, provides positive findings for the brand and its blog.
MHMarkets:U. S. GDP shrinks, aggressive interest rate hike expectations cool, markets wait for June core PCE data
Data on Thursday showed the U.S. economy unexpectedly shrank in the second quarter, with consumer spending growing at the slowest pace in two years and business spending falling, raising the risk of a recession. The data came a day after the Fed raised interest rates by another 75 basis points in a bid to quell inflation. The Fed's actions, combined with previous actions in March, May and June, have raised the target range for the overnight benchmark rate from near zero to 2.25%-2.50%. It was th
WIKIFX REPORT: YJFX to change name after acquisition by GMO
Japanese Forex broker YJFX Inc today announced a planned name change, which is set to become effective on September 27, 2021. The broker will change its name to Gaika ex by GMO (“Foreign Currency ex by GMO Co., Ltd.”)
WIKIFX REPORT: 2022 Fintech Awards Spotlight: Fondex.pro, Award Nomination Announced
In November, Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be holding its annual Benzinga Global Fintech Awards, a day of virtual dealmaking, networking, and recognition in the financial technology space.
GemForex - EUR/USD
EUR/USD drops toward 1.0150 as dollar rebounds
MHMarkets :Fed makes history with second massive rate hike in months
At 2 a.m. Beijing time on Thursday, the Federal Reserve’s FOMC announced its July interest rate decision, raising interest rates by 75 basis points for the second consecutive month, raising the target range of the federal funds rate from 1.50% to 1.75% to 2.25% to 2.50%, in line with the market. expected. Federal Reserve Chairman Jerome Powell hinted that another 75 basis points of interest rate hikes may be possible in September, denying that the U.S. economy is in a recession, while talking ab
CMC Markets Anticipates a 5% Increase In Operating Costs in FY23
CMC Markets gave a trading update on Thursday, noting that it now expects operating expenses to be 5% higher than the previously disclosed annual forecast.
MHMarkets:The US dollar fell in response to the Fed raising interest rates by 75 basis points as scheduled, and US crude oil exports hit a record high and oil prices rose 3%
On July 27, data showed that the U.S. trade deficit narrowed sharply in June as exports jumped, while orders for non-defense capital goods excluding aircraft, seen as a barometer of business spending plans, rose 0.5% last month, potentially easing the impact on the economy. some concerns. The U.S. dollar index closed down 0.69 percent on Wednesday at 106.48. At 2:00 on July 28, the Federal Reserve raised interest rates by 75 basis points as widely expected, and comments from Fed Chairman Powell
Determining Forex Support and Resistance The Easy Way
Forex support and resistance aim to find out the right area when taking a buy or sell position and determine the target of price movement. The support area is generally an area that is used as a reference to find buy positions, while the resistance area is used as a reference to find short positions.
WIKIFX REPORT: Exposed! One perpetrator behind vanished Triton Capital Markets broker scam!
The Triton Capital Markets, a/k/a Triton Markets broker scam, vanished a few months ago.
WIKIFX REPORT: Charles Schwab faces antitrust claims after merging with TD Ameritrade
Charles Schwab’s merger with TD Ameritrade has created a behemoth that makes billions of dollars selling share orders to financial firms, leaving its customers paying more for stock transactions, according to a federal antitrust class action filed by three retail investors.
WIKIFX REPORT: TD Ameritrade Brokerage Builds On Broad Strengths And Options Platform To Excel
In the midst of a merger, and deep into the coronavirus pandemic, TD Ameritrade brokerage continues to rely on its broad strengths and options trading platform to gain clients and place highly among the best online brokers.
WIKIFX REPORT: TD Ameritrade Enhances thinkorswim® as Mobile-First Year Comes to a Close
As integration with Charles Schwab progresses, enhancements to the award-winning trading platform offer a more personal, mobile-friendly experience than ever before
WIKIFX REPORT: Trading platform forbschain.com: BaFin investigates Forbschain
In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Forbschain, domiciled in Luxembourg, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.
WIKIFX REPORT: Urgent Warning against BitMegaChain, ForbsChain, Blokchains, and their scam network!
What a name. A “MegaChain” sounds promising, but consumers should have learned by now that “mega” is a scary term that is usually used to promote the worst companies, products, and services.
WIKIFX REPORT: Capital Markets Elite Group provides opportunities for local investors
The opportunity is awaiting Trinidad and Tobago and Caribbean investors to become fully involved and integrated into the international trillion-dollar financial technological industry, says Duke Pollard CEO and founder of the T&T-based Capital Markets Elite Group.
What’s up in the markets right now? FOMC & Tech Earnings Date: July 27th, 2022
Attention turns to the US today as important economic data is due out. Find out what’s moving the markets in today’s article.