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Tag: Forex news

Forex Trading News 0

Holst Declares ‘No Impact’ amid GCEX’s ‘Limited’ Signature Bank Exposure

<p>GCEX, the digital broker with offerings of forex, contracts for differences (CFDs), and <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a>, disclosed on Monday that it has “a very limited exposure” to the now-collapsed Signature Bank. However, the company has no exposure to the two other collapsed US banks, Silvergate Bank and Silicon Valley Bank (SVB). </p><p> GCEX’s Limited Exposure to Signature Bank […]

Forex Trading News 0

BaFin Takes Action Against Silicon Valley Bank Germany Branch

<p>The German Federal Financial Supervisory Authority, BaFin, Joins the lengthening list of financial institutions that have presented their position concerning <a href=”https://www.financemagnates.com/cryptocurrency/svb-crisis-circle-escapes-usdc-depeg-with-regulatory-assurance/” target=”_blank” rel=”follow”>the collapse of Silicon Valley Bank (SVB). </a></p><p>The local branch of the bankrupt institution, Silicon Valley Bank Germany Branch, was banned from continuing to provide services due to the high risk of being unable to repay debts […]

Forex Trading News 0

With Hundreds of Platforms Around, Information Gives FX Traders an Edge

<p>Analytics has recently been in the news from a retail and institutional trader perspective. <a href=”https://www.financemagnates.com/forex/tradefeedr-launches-algo-forecasting-suite/” target=”_blank” rel=”follow”>Tradefeedr launching an FX algo forecasting suite</a> enables retail clients to access accurate and independent data to inform their algo execution strategies better, while institutions are investing heavily in technology to improve their <a href=”https://www.financemagnates.com/institutional-forex/positive-indicators-market-volatility-accelerate-auto-trading/” target=”_blank” rel=”follow”>trading process and data analysis</a>.</p><p>No central source</p><p>So, […]

Forex Trading News 0

2022 in Forex: Retail Traders More Active despite Lower Deposits

<p>The last two months of 2022 brought mixed results for the FX/CFD industry, with December delivering a complete slowdown to main operational metrics. dives deeper into data for November and December to see how the retail trading industry finished the year.</p><p>After November’s jump in the value of an average single deposit, December data showed an unexpected decline to $1,473 from […]

Forex Trading News 0

CME Group’s FX Futures and Options Hit Record Single-Day Volume

<p>The single-day volume of foreign exchange futures and options contracts traded on the Chicago Mercantile Exchange’s (CME) Globex electronic trading platform hit a new record of 3.15 million contracts on March 18, 2023. The new volume is equivalent to $296 billion in USD notional, CME Group disclosed in a statement on Friday.</p><p>The new volume represents a 5% growth over the […]

Forex Trading News 0

MOEX FX Market 2022 Income Grows 35% despite Trading Volume Decline

<p>Moscow Exchange (MOEX) published its annual results for 2022, reporting a 9.8 percent decline in its overall fees and commission income to RUB 37.5 billion. The exchange operator highlighted discontinued non-resident trading and declined RUB asset prices behind the drop. </p><p> The annual fees and commissions across markets in <a href=”https://www.financemagnates.com/terms/e/equities/” class=”terms__main-term” id=”d6e02698-4c6b-44dd-ab57-9ff12763325c” target=”_blank”>equities</a>, bonds, money, and derivatives, decreased for […]

Forex Trading News 0

Exclusive: Exness Sets Record in February as Trading Volume Hits $3 Trillion

<p>Exness closed February with a record monthly trading volume of more than $3 trillion, the retail multi-asset broker informed Finance Magnates. The number of active customers on the trading platform also peaked, surpassing half a million. </p><p> Exness Surpasses $3 Trillion in Monthly Trading Volume </p><p> The latest monthly figure revealed by the broker has surpassed its previous <a href=”https://www.financemagnates.com/forex/brokers/exness-sets-record-again-with-282t-january-trading-volume/” […]

Forex Trading News 0

CySEC Blacklists Six Online Trading Websites

<p>The Cyprus Securities and Exchange Commission (CySEC) has extended its warning list of unregulated entities targeting investors in the country. This time, it blacklisted six <a href=”https://www.financemagnates.com/terms/o/online-trading/” class=”terms__secondary-term” id=”93afd583-ea4d-45cf-a1e0-8d951e5d8f48″ target=”_blank”>online trading</a> websites.</p><p>In <a href=”https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=9eb9cbe9-0582-440d-8280-bfca17f36249″ target=”_blank” rel=”follow”>a warning notice</a> issued on Thursday, <a href=”https://www.financemagnates.com/tag/cysec/” target=”_blank” rel=”follow”>the Cypriot regulator </a>warned that the six websites have not been authorized to provide investment services […]

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