This AWS Mexico Region will allow businesses, the government, education facilities and nonprofits more flexibility in app usage and data storage. This latest initiative from Amazon aims to offer updated and secure cloud computing. Mexico’s Secretary of Economy, Raquel Buenrostro, said: Cloud services are an essential part of everyday life, helping us to digitally and…
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The global remittance market, the movement of funds from various diaspora across the globe back to their home country, is a mammoth market. The World Bank Group expects remittances in 2019 to grow to $715 billion, and its shear size has spawned a multitude of startups over the past two decades, eager to run circles…
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MetaQuotes Software has launched a free calendar of macroeconomic events for the fundamental market analysis last year. Since then, Tradays calendar has expanded geographically, adding Germany, France, Spain, Italy to the app. The most recent countries included in the app are Brazil, Hong Kong, Singapore and South Korea. MetaQuotes Software Corp. announced earlier this week that…
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As part of its mission to expand further into the Latin American market, financial derivatives company MultiBank Group celebrated the opening of its new regional headquarter, MultiBank LATAM, in Monterrey, Mexico. The regional office will be headed by the industry professionals Jorge Alberto González Villarreal and Javier Ernesto González Jiménez. During the opening ceremony of…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 10, 2019. The text below is an excerpt and does not contain the full analysis. Speaking on the sidelines of the global G20 summit in Japan, Haruhiko Kuroda, the Governor of the Bank of…
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Donald Trump has often stated that he plans to build a wall across the border of the US with Mexico to prevent illegal Mexican people pouring into the US. Many were outraged by such claims during his presidential candidacy and campaign in 2016. Fast forward to 2018, the idea of building the wall is not…
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Widely reported on mainstream media outlets was the billions lost during the U.S. election day sell-off by the world's richest people. The UK's Sun has reported in particular and in a joking way, that Mexico's richest people have lost enough money since the U.S. election to build Donald Trump’s proposed border wall. The world’s richest people…
Read moreCME Group, the world's leading and most diverse derivatives marketplace, today announced that Chicago Mercantile Exchange Inc. obtained full recognition as a foreign central counterparty (CCP) in Mexico from the Banco de México, effective September 2, 2016. Since April 2016, the clearing house division of CME Group, CME Clearing, had operated under temporary recognition pending…
Read moreProvider of intelligent market data and order execution solutions Redline Trading Solutions has announced that Mexican investment and brokerage firm GBM (Grupo Bursátil Mexicano) is deploying Redline’s InRush market data solution to bolster the reliability and lower the latency for market data pricing delivery from the Mexican Stock Exchange (BMV). InRush is deployed to the…
Read moreFrom the exclusive Business Tower Hotel in Lima, Peru, LeapRate takes a close look at how an entire retail FX industry is being established in Latin America, with education by some of the world's senior industry executives at the helm
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