The focus for the Fed’s press conference on Wednesday night is on whether there’s any hint about a hike in the fourth quarter. Traders mostly expect this to be the last hike of this cycle for the moment, but it’s likely that the consensus will change at least slightly after Jerome Powell’s comments. Friday’s PCE…
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Bautista steps into a vital role, overseeing a team of key account managers and leading the company's efforts to boost profits through sales activities, marketing strategies, and customer engagement. By fostering collaboration with different departments, Bautista aims to create seamless and cohesive trading experiences for the brokerage's esteemed customers. Nadine Bautista, Country Manager (Philippines) at…
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These companies offer high-risk investment instruments, including contracts for differences (CFDs) of forex and other asset classes. Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons,…
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Jeffrey Triganza, Head of Market Analysis, Vantage Australia, said: I was attracted to working at Vantage due to the development of the company and the focus on client success. The Vantage team truly bends over backwards to provide a great client experience and with my background in building trading strategies and risk mitigation, I believe…
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Operating result before interest, tax, depreciation and amortization (EBITDA) came in at CHF 225.6 million, up by 5.6% compared to the first half of 2022. Earnings before interest and tax (EBIT) for the period consequently fell by 17.4% to CHF 133.3 million. The Switzerland-based exchange remains positive given its results achieved in a "challenging market environment, dominated…
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With the Stop-Out Plugin, brokers can set distinct negative and positive stop-out parameters for different groups of accounts, providing flexibility and customization options. This functionality allows brokers to customize their risk management strategies for specific trading groups, granting precise control over each account's performance and risk exposure. Once integrated into MT4, all subsequent configurations and…
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Nomura International Wealth Management will become part of the DIFC ecosystem, which is home to more than 300 wealth and asset management firms, constituting a substantial USD 500 billion asset management market in terms of assets under management (AUM). Arif Amiri, CEO of DIFC Authority, commented: We are delighted to see Nomura's growth plans flourish…
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Charlie Rozes, Acting Chief Executive Officer, commented: We’ve performed well in the much more difficult market conditions that persisted through most of the past year, maintaining our leadership position in OTC derivatives while building further momentum in our product and geographic expansion. Total revenue exceeded £1 billion for the first time in IG’s history, more…
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Chris Hill, Chief Executive Officer, commented: We delivered net new business of £1.7 billion in the period, up 6% on the previous quarter. The tax year end season remains a critical time for our clients and this year we focused on supporting them to navigate the changes to the tax landscape, making the most of…
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Additionally, the cancellation of the company’s AFS license does not affect requirements stemming from its membership with the Australian Financial Complaints Authority, and to have arrangements for compensating retail clients. The official announcement also detailed that John Mouawad, Scott Langdon and Rahul Goyal of KordaMentha were appointed as voluntary administrators of FTX Australia and its…
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