On the technical side the price on the fiber chart has found resistance on the upper band of the Bollinger bands and has since corrected to the downside. The 50 SMA has crossed above the 100 SMA indicating the bull movement is still strong while the Stochastic oscillator is not indicating any overbought or oversold…
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Meanwhile, Citigroup Inc., which also reported earnings on April 14, announced Q1 earnings of $1.86 per share, beating the broader market’s expectation of $1.66. Citigroup’s revenues also surprised to the upside, coming in at $21.44 billion for Q1 to analyst estimates of $17.91 billion. This represents a 12% improvement over last year’s figures. Both stocks…
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With a decade and a half of working in the finance industry, Salhab has held positions such as Fund Manager, Investment Advisor and Sales Trader. Over the past year, his focus has been on global market’s advisory, investment management, macro trends, forex and crypto market family offices, private markets, PE advisory and alternative investments. Abdulghani…
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Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com, commented: Despina’s extensive experience and expertise in PR and branding will be invaluable as we continue to build our brand, engage with our traders and partners, and accelerate our growth. Effective branding and PR will help us to continue to expand XS.com by attracting new investors,…
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Ed Tilly, Chairman of the Board and CEO of Cboe Global Markets, said: We are committed to continuing to innovate in the volatility space and we believe the VIX1D Index will be a complementary addition for market participants seeking to better understand current equity market volatility or as they employ different trading strategies. The development…
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The Swiss firm further warned people against providing their personal information on the clone website. The company stated: Do not trust any information to be found on the website https://www.jdh023.top/index/login/login/token/0c1e7103c3e0e56edb5f978f03103f9f.html. Do not provide any personal data on this website. Dukascopy concluded the announcement by saying it is “taking action” against the fake website. Earlier in…
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The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in March, CySEC added seven more companies to its warning list.
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The bank’s adjusted net revenue stood at CHF 2.8 billion, registering a 40% decline compared to the first quarter in 2022. The adjusted pre-tax loss came in at CHF 1.3 billion for Q1, increasing by CHF 300 million compared to the previous quarter. The official announcement detailed that significant deposit and net asset outflows impacted…
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The US regulator seeks a cease-and-desist order against the firms from violations of the Commodity Exchange Act (CEA) and CFTC regulations. CFTC’s complaint detailed that these entities have claimed to be registered FCMs and RFEDs and members of NFA since January 2023. Twelve of the companies claim to have an identical NFA identification number and…
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Douglas Cifu, Chief Executive Officer and Co-Founder of Virtu Financial, highlighted that Greifeld’s tenure at Virtue included a period of significant growth for the company, including their acquisition of KCG Holdings and ITG, Inc. Vincent J. Viola, Chairman Emeritus and Founder of Virtu, said: Having Bob as Chairman during this period of time at Virtu…
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