Euro Area Core Inflation Prints Fresh Record High, EUR/USD Steady
Euro Area annual inflation rate came in above forecasts as core inflation rose for a third month in succession adding to the ECB conundrum. Read More
French Regulator Warns against FX Trading Robots
<p>French financial market supervisor, locally known as Autorité des marchés financiers (AMF), issued a warning against the services of unauthorized automated <a href=”https://www.financemagnates.com/terms/f/forex-trading/” class=”terms__main-term” id=”258a569f-bf49-4a61-a1b4-bc352d76141f” target=”_blank”>forex trading</a> robots, which often lure victims with lucrative offers.</p><p>French Regulator Cautions against FX Trading Robots</p><p>Unregulated companies mainly target French overseas departments and territories with unrealistic returns of 5 percent to 15 percent per month […]
Exclusive: FX Industry Salaries Revealed, UAE Outshines Limassol
<p>The forex and financial trading companies are growing at a tremendous pace globally. It has also led to the rise of hiring in the industry. But, how much are these companies <a href=”https://www.financemagnates.com/executives/dkk-partners-invast-global-fxpa-and-more-executive-moves-of-the-week/” target=”_blank” rel=”follow”>paying executives</a>? Which roles offer the most amount of money? Or even, which countries are the best for FX industry executives?</p><p> Opportunity to Compare Salaries</p><p>FinTop Consulting, […]
LSEG Sees Strong 2022 Revenue as It Eyes Buyback Extension
<p>London Stock Exchange Group (LON: LSEG) reported a total income of £7.74 billion (including recoveries), which was 18.5 percent higher than the previous year, and without recoveries, it jumped 19.6 percent. The figure came in slightly stronger than the market expectations.</p><p>Solid Revenue of LSEG</p><p>Revenue from the <a href=”https://www.financemagnates.com/institutional-forex/lseg-agrees-to-acquire-market-data-solution-provider-maystreet/” target=”_blank” rel=”follow”>data analytics services</a> of the group grew by 20.5 percent bringing […]
ASIC Encourages Whistleblowers to “Speak Up” and Publishes Good Practices Report
<p>On Thursday, the Australian Securities and Exchange Commission (<a href=”https://www.financemagnates.com/terms/a/asic/” class=”terms__main-term” id=”dfb41d67-b79e-4b09-b365-1f341b85a51b” target=”_blank”>ASIC</a>) published a new report regarding <a href=”https://www.financemagnates.com/tag/whistleblowers/” target=”_blank” rel=”follow”>whistleblowers</a>’ best practices. The Aussie market regulator wants to encourage people to disclose important information that might help identify potential fraudulent activities in the financial markets.</p><p>ASIC Wants to Encourage Whistleblowers</p><p>In its review of whistleblower programs across various industries, ASIC […]
Gold Price Rally Might be Short-Lived With the 2-Year Treasury Yield Nearing 5%
Gold’s rally might be short-lived as US economic data continues to show evidence that inflation might be stickier than previously thought. XAU/USD turns to jobless claims data next. Read More
NFA Slaps $350K Fine on GMG Brokers and Its CEO
<p>The National Futures Association (NFA) in the United States has brought a total penalty of $350,000 against a London-based introducing broker, GMG Brokers LTD, and two employees for engaging in deceptive conduct and failing to observe high business standards, among other things.</p><p>NFA Fines GMG Brokers</p><p>The self-regulatory organization passed two orders to impose the penalty. One was against GMG, <a href=”https://www.financemagnates.com/binary-options/nfa-fines-us-broker-coquest-275000-for-compliance-failure/” […]
Japanese Yen Flatlines Despite US Dollar Weakness. Will Treasury Yields Lift USD/JPY?
The Japanese Yen has steadied to start the week while the US Dollar has slipped as monetary policy disparity between the BoJ and the Fed perseveres. Higher USD/JPY? Read More
Gold, Silver Technical Analysis: Precious Metals Rise as USD Retreats
Gold and silver bounce higher from stern levels of support as the US dollar heads lower. Levels to watch going forward Read More
24 Exchange Sets New FX NDF Trading Record in February
<p>24 Exchange processed $1.49 billion in average daily forex non-deliverable forward (NDF) for its global institutional customers in February 2023, thereby setting a new ADV record. The FX NDF platform also hit a record single-day volume of $1.9 billion last month.</p><p>24 Exhange’s new result comes one month after the trading venue, which was launched in 2019, <a href=”https://www.financemagnates.com/institutional-forex/24-exchange-crosses-1b-mark-in-forex-ndfs-adv-in-january/” target=”_blank” rel=”follow”>crossed […]