Author: Chief Editor
In a forward-looking move, MonFX’s CEO, Alvin Lai, unveiled plans for substantial growth at a ribbon-cutting ceremony on January 18. The company is set to enhance its operations and better cater to its expanding client base across the Asia-Pacific region by increasing its sales team headcount by 80% in 2024. Highlighting the strategic significance of Singapore, Lai emphasized its status as a key global hub for MonFX clients. He noted the city-state’s world-class infrastructure and business-friendly policies as pivotal factors in the decision to establish a stronger presence there. The newly inaugurated office in Singapore is poised to serve as…
In a significant move, OANDA, a well-established brokerage specializing in forex and contracts for differences (CFDs), has entered the proprietary trading arena with the launch of OANDA Labs Trader. The announcement made on Monday revealed a unique profit-sharing model, where the broker will distribute up to 75 percent of profits with participating traders. While OANDA operates under multiple regulatory jurisdictions, the proprietary trading services will be exclusively available to clients registered under its Global Markets division. This division is authorized by regulators in the British Virgin Islands, showcasing OANDA’s strategic approach to offering this innovative trading service. Kurt vom Scheidt,…
In response to the dynamic needs of traders and investors, FP Markets, a leading Forex and CFDs broker, has unveiled an exciting partnership with TradingView, introducing a new dimension to the trading experience. This collaboration allows clients with an active Trading Account at FP Markets to harness the power of TradingView’s cutting-edge charting solutions. TradingView, recognized globally for its comprehensive financial market coverage, offers a unified platform encompassing Forex, Equities, Indices, Commodities, Bonds, and Digital Currencies. With access to the world’s largest social trading community, traders can now seamlessly integrate TradingView’s advanced charting capabilities with FP Markets’ attributes, such as…
In just two weeks, Mexico City is set to host one of the most anticipated financial events of the year – Money Expo Mexico 2024, scheduled to take place on the 7th and 8th of February at Centro Citibanamax. This two-day extravaganza promises to be a colossal success, bringing together industry leaders, professionals, and enthusiasts from the world of finance, trade, and investment. As anticipation builds, attendees are gearing up for an enriching experience that will not only provide networking opportunities but also offer a platform for learning and growth. Money Expo Mexico 2024 is not just an exhibition, it’s…
Moneta Markets, a distinguished and regulated Forex and CFD broker, has made a significant addition to its team by welcoming Yaser Zidan as the Sales Manager for the Middle East and North Africa (MENA) region. This strategic move underscores Moneta Markets’ commitment to expanding its footprint and fostering growth in the dynamic MENA market. Yaser Zidan, who expressed his excitement for the new chapter on LinkedIn, brings a wealth of experience to his new role. Based in Dubai, he joins Moneta Markets from Scope Markets, where he served as the MENA Sales Manager. Prior to that, Yaser held key positions…
In a significant development, Admirals Group AS, an Estonia-based Retail FX and CFDs broker, is undergoing notable leadership changes. The company has announced the departure of its longtime CEO, Sergei Bogatenkov, and Executive Director Cyprus, Andreas Ioannou, effective from February 29, 2024. This strategic move follows a challenging period for Admirals Group, marked by a substantial 51% year-over-year decline in net trading income during the first half of 2023, coupled with a net loss of EUR 4.8 million. Sergei Bogatenkov, who assumed the role of CEO in 2017 after serving as CFO since his appointment in 2014, played a crucial…
This court directive is directed at both of ThinkMarkets’ operational entities – TF Global Markets (UK) Ltd and TF Global Markets (Aust) Pty Ltd. It takes the form of an interim mandatory injunction compelling ThinkMarkets to transfer precisely $4,280,818.88 into its client money segregated account in the UK by the deadline of 4:30 pm on Monday, January 15. The genesis of this legal entanglement lies in a dispute between ThinkMarkets and one of its former clients, Abdurrahman Suzgun from Turkey. The dispute arose when ThinkMarkets allegedly communicated to Mr. Suzgun in late 2021 that a substantial sum of USD $4.28…
“The Vantage View” is setting new standards by delving into cutting-edge topics that shape the economic landscape, and the latest episode, supported by research from Bloomberg Media Studios, explores the circular economy. This sustainable model diverges from the traditional linear economy, and Vantage is at the forefront of unraveling its significance. Featured in this insightful episode is Dr. Seeram Ramakrishna, a distinguished Professor and Director of the Centre for Nanotechnology and Sustainability at the National University of Singapore. Dr. Ramakrishna guides viewers through the distinctions between the prevalent linear economy and the circular economy, emphasizing the latter’s potential to bring…
The repository embrace 15 US stocks and is equalize monthly. The monthly equalize aims to deliver an allocation that consistently delivers risk-adjusted returns that outperform the S&P 500 benchmark. Each month, the STRATxAI backtest engine survey the performance of over 5,000 mid to large-cap US equities over the past two decades. The stocks are then assessed against a blend of five key factors that are positive indicators of future consummation : Value: analyze underappreciated stocks at a reduce to their intrinsic worth, capitalising on potential undervaluation. Quality: Prioritising strong financial requisite, focusing on stable, profitable, and financially healthy businesses. Low-volatility:…