Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
StoneX
April 14, 2023 BY Steffy Bogdanova

StoneX partners with Coinbase for offering crypto contracts

Clayton Passero, Managing Director and Head of Futures Online, StoneX Financial Group, said: StoneX is committed to providing our clients with greater choice and access across financial markets to maximize their futures trading needs. This agreement enables StoneX clients to access Coinbase’s robust portfolio of products while benefiting from StoneX’s high-value and transparent clearing and…

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Market Analysis
April 14, 2023 BY Steffy Bogdanova

USD/JPY Harmonic Analysis

Technical Confluence Accompanying the AB=CD pattern is price shaking hands with the lower Bollinger Band (set to three standard deviations) and the Relative Strength Index (RSI) exiting oversold territory. Therefore, the supporting technical confluence—momentum and volatility indicators—suggests a short-term push to the upside may unfold, targeting the aforementioned Fibonacci retracement ratios. Charts: TradingView Meanwhile, after…

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April 13, 2023 BY Steffy Bogdanova

Marex sees 29% growth in net revenue in 2022

Ian Lowitt, Marex CEO, commented: We are delighted with these record results. The strong revenue growth reflects the increasing demand from our clients, who recognise our deep expertise and ability to deliver quality service and solutions. Adjusted operating profit before tax (PBT) jumped 53% last year to $79.6 million from $12.7 million in 2021. Adjusted…

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Daily Market Commentary
April 13, 2023 BY Steffy Bogdanova

Dollar index on the backfoot ahead of FOMC minutes

Short-Term View Ahead of FOMC Minutes Based on the H1 timeframe, it is obvious that there is a notable downside bias, with price action close to testing support at 101.44. In the event of a spike higher, resistance warrants consideration at 101.82. Therefore, given the bearish vibe derived from the bigger picture, 101.44 support appears…

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Clearstream
April 12, 2023 BY Steffy Bogdanova

Clearstream creates new bank in Luxembourg for institutional fund investors

According to the official announcement, the recently established banking firm will cater to Clearstream's fund execution enterprise, Vestima, reputed as the world's most extensive fund-processing platform, with access to 230,000 funds in 50 markets. It has acquired a commercial banking permit through the new banking platform. Furthermore, the bank will facilitate the fund distribution platform…

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FTX
April 12, 2023 BY Steffy Bogdanova

CySEC extends FTX’s license suspension until September

The Cypriot regulator initially suspended the license of the crypto exchange on 11 November 2022 following its collapse and extended the suspension once in December 2022 until March 2023. CySEC noted that during the suspension, the exchange is not permitted to offer or carry out investment services in the country or enter into any business…

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Bitfinex Upgrade
April 12, 2023 BY Steffy Bogdanova

Bitfinex obtains DASP license in El Salvador

Paolo Ardoino, Chief Technology Officer of the Bitfinex group, said: We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime. The new DASP…

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