BrokerTec is a provider of different technology services in fixed income markets and electronic trading platforms. The company is launching a trading solution tool for European Repo markets called BrokerTec Quote RFQ. RFQ stands for Request for Quote. According to press, the new tool will be launched in the second quarter of 2019, of course,…
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The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. Earlier yesterday, the British Pound slid to a new multi-month low, and it is now trading decidedly lower than its January 1 open price of 1.2754. I think that the price is short-term oversold, but the technical and macroeconomic outlook suggests that…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 23, 2019. EURUSD The Euro closed lower on Wednesday, closing at 1.1155(-9 pips) against the greenback. The euro was influenced heavily with Brexit yesterday, leaving the EUR/USD pair confined to familiar levels, with the range exacerbated by…
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When in doubt, punt, an old adage that applies when conservative individuals do not have the courage of their convictions to move forward in a positive manner. The SEC has decided, once again, to delay not one, but two decisions regarding applications for the much anticipated Bitcoin Exchange-Traded Fund (ETF). Crypto enthusiasts did not hold…
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As has been the case many times over in recent months, Bitcoin analysts are in a quandary about what will happen next. There is firm agreement that nearly a dozen fundamental factors are converging in such a way as to create a “Perfect Storm” of sorts, the reason many use to explain Bitcoin’s “parabolic” trend…
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Cryptocurrency scams and theft are undeniably two of the largest and most serious problems in the crypto space. Security issues arise almost every month now. The latest “casualty” was Binance, through which hackers stole $40 million in digital coins. The stolen amount was equivalent to around 7,000 Bitcoins at that time. Hackers stole API tokens…
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An interesting phenomenon is taking place on the global financial markets. The measures taken by the Trump Administration to tighten up global trade and “restore” the powerful place of the US as a number one economic power are seriously affecting the global political and economic powers. The most recent talks on how to neutralize the…
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Over the past couple of years, the SEC has been “struggling” with the case of whether to approve or not the numerous Bitcoin ETF applications coming its way. The SEC so far has somewhat felt “uncomfortable”judging the applications, as the Commission has stated that it needs further knowledge and expertise in the field in order…
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Another week has passed, and Bitcoin, despite an isolated attempt to bring it down to its knees, has refused to throw in the towel and capitulate. Almost as an act of defiance to its critics, the oldest and largest cryptocurrency rebounded from the depths, roughly $7,000, but as low as $6,400 on a few low…
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Zimbabwe Stock Exchange has expressed interest in adopting blockchain products, according to Cointelegraph. The CEO of the exchange has come forward to admit that if there is regulatory support and approval, ZSE will most probably adopt the blockchain technology. In particular, Mr. Bgoni, the CEO of ZSE, said that these blockchain-based services and products can…
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