Day: May 16, 2018

Bitcoin Falls After Another Crypto Ad Ban

16.05.2018

Cryptocurrencies continued to fall on Wednesday, after Microsoft (NASDAQ:MSFT) announced it is banning ads for virtual currencies and related products. Bitcoin was trading at of $8,372.10, falling 4.65% as of 8:19 AM ET (12:19 GMT) on the Bitfinex exchange. Microsoft Corporation (NASDAQ:MSFT) will join technology giants Google (NASDAQ:GOOGL) and Facebook (NASDAQ:FB) in banning advertisements of […]

Read More
Avoid When Trading Forex

Top 16 Mistakes That You Must Avoid When Trading Forex & CFDs

16.05.2018

Dear traders, Many traders tend to neglect, both consciously and unconsciously, the risk aspect of trading and focus primarily on the reward side. They ask questions, such as how many pips a system can generate on the average and how much return can be made in one month. They think offense first, defense last. A […]

Read More
Stock Growing Faster

Trading Roundup: #1 Stock Growing Faster Than Anyone Expected

16.05.2018

The featured image is the clue. Big surprise! Facebook, Inc. has been quite a troubled stock due to the recent privacy issues, but it’s now back in the leading position. Last quarter, Facebook’s revenue growth was nearly 50%, which exceeds – by 10% – what was reported for Netflix and Amazon. Current and potential investors […]

Read More
Fib Retracement

The Importance of 78.6 and 88.6 Fib Retracement

16.05.2018

Dear traders, The Fibonacci school of technical analysis has an underlying assumption that history always repeats itself, and is based on the historical movement of the underlying market. At the end of the thorough technical analysis, a trader plots Support & Resistance that usually involves Fibonacci numbers. In this article, we will discuss Fibonacci retracement […]

Read More

smartTrade Technologies adds cryptocurrencies to FX trading platform

16.05.2018

Multi-asset electronic trading services provider smartTrade Technologies has added cryptocurrencies to its foreign exchange (FX) trading platform LiquidityFX. LiquidityFX is connected to all major cryptocurrency exchanges, with clients able to use an aggregation system for a view of crypto liquidity to place orders and manage algorithms, according to the vendor. The platform’s current functions, including […]

Read More
Futures Struggle As North Korea

U.S. Futures Struggle As North Korea

16.05.2018

U.S. futures struggled for direction on Wednesday amid concern that North Korea could back down from a historic meeting with the U.S. in June. The S&P 500 futures was up a quarter of a point or 0.01% to 2,709.25 as of 6:49 AM ET (10:49 GMT) while Dow futures decreased nine points or 0.04% to […]

Read More

Marex Spectron adds ‘New Space’ technology to quant research

16.05.2018

Commodities broker and research house Marex Spectron is planning to add satellite analysis from ‘New Space’ technology provider Earth-i to its quantitative research. The partnership will see Earth-i work alongside Marex Spectron’s market analytics division, led by Dr Guy Wolf, to combine satellite imagery and video analytics with the broker’s datasets. Both firms said the […]

Read More
MiFID II comes into play

Buy-side increases critical reception of algorithms as MiFID II comes into play

16.05.2018

Buy-side firms are becoming increasingly critical of the algorithms and the providers they use as the effects of MiFID II begin to bed in, according to The Binary options Algorithmic Trading Survey 2018 for long-only firms. Conducted during the first few weeks of the new regulatory regime, the survey found that trends are already beginning […]

Read More
first fintech to join

Schroders opts for instant messaging FinTech as first Cobalt member

16.05.2018

UK asset manager Schroders has announced Qwil Messenger as the first FinTech firm to join its Cobalt in-residence programme. Schroders will work with Qwil Messenger and provide direct access to appropriate business divisions within Schroders, desk space, resources and potential investment. The agreement will last for six months with an extension option. The FinTech provides […]

Read More
Singapore Exchange

Singapore Exchange backs Cobalt FX post-trade network

16.05.2018

Singapore Exchange (SGX) has made a strategic investment in foreign exchange (FX) post-trade network, Cobalt. The investment from SGX will support the continued expansion of Cobalt’s footprint into the FX space, accelerating technology development and building out its team. Cobalt’s network uses optimised technology alongside an in-house ‘immutability’ service based on distributed-ledger technology (DLT) to […]

Read More