Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for September 9, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: China’s banks tries its own form of stimulus: China’s reserve ratio will be the lowest level China…
Read more
Rain, a cryptocurrency exchange based in Bahrain, has acquired the licence called crypto-asset module or CRA from the Central Bank of Bahrain. According to press, Rain has now secured a seed round of $2.5 million for its business. Rain is the very first crypto exchange that receives the licence in the Middle East, a fact…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 21, 2019. The text below is an excerpt and does not contain the full analysis. The US Stock market hit a brand new all-time record high yesterday due to a sudden shift in policy…
Read more
Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced Trading Technologies now offers connectivity to Dubai Gold & Commodities Exchange (DGCX) through its TT trading platform. With this new connection, commodity and currency derivatives traders can utilize TT’s robust functionality, including the TT Mobile applications for iOS and Android…
Read moreMulti-asset trading and investment services provider Saxo Bank has announced two senior appointments as it continues to grow and invest in its retail and institutional functions across the Middle East, reflecting the region’s importance as a growth hub for both Saxo’s retail and institutional business. Mario Camara has joined the company as Head of Saxo Dubai.…
Read moreMubasher Financial Services (MFS), one of the Middle East's leading brokerage service providers for professional investors announced today the launch of the new trading platform, MTrade-Plus. A new addition to Mubasher Financial Services product offerings, MTrade-Plus provides a solid and efficient platform aimed to support retail and institutional investors. MTrade-Plus is a touch-optimized, multi-functional platform that applies creative…
Read moreThe internationalization of the Chinese currency keeps gathering pace, as the United Arab Emirates (UAE) and China have signed an agreement to establish a clearing hub for the Chinese Yuan or Renminbi, Xinhua reported on Sunday referring to UAE media sources. This will be the second RMB clearing hub in the Middle East after Qatar launched the…
Read moreThe new office will provide UAE investors with 24 hours a day access to more than 10,000 financial markets.
Read moreOne Financial also has plans to relocate its London Group headquarters to bigger premises towards the end of 2015...
Read moreMenacorp customers can now trade instruments available on the Dubai Gold and Commodities Exchange via MT5.
Read more