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E*TRADE Saw Healthy Demand in August, September Breaks Record
Photo: Bloomberg
E*TRADE Financial Corporation (NASDAQ: ETFC) has published its August’s monthly trading volume numbers on Tuesday, showing a 2.3 percent month-on-month increase in the Daily Average Revenue Trades (DARTs), totaling at 1,037,532 at a day.
The derivatives DARTs for the month stood a
Edgewater Markets Announces Senior Appointments to its Tech Team
Photo: Bloomberg
Edgewater Markets recently announced that it has made some changes to its senior technology team in its London office, with the technology provider adding Leo Furze-Waddock and Pietro Carrieri to its team.
Edgewater Markets is a provider of electronic foreign exchange (forex) work
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3239; (P) 1.3298; (R1) 1.3410;
GBP/USD’s rally is still in progress and intraday bias stays on the upside. Current rise from 1.1409 should target 161.8% projection of 1.2065 to 1.2813 from 1.2251 at 1.3461. On the downside, break of 1.3053 support is needed to indicate short ter
Dollar falls on improved risk sentiment due to U.S.-China trade optimism
The greenback remained on the back foot in Asia and Europe and ended Tuesday lower against majority of its peers, except for the safe-haven Japanese yen due to return of risk appetite on U.S.-China trade optimism as reports suggested progress is being made in the Phase 1 agreement. Reuters repo
New Zealand Retail Sales Data On Tap For Monday
New Zealand will on Monday release Q2 figures for retail sales, highlighting a modest day for Asia-Pacific economic activity. In the three months prior, retail sales were down 0.7 percent on quarter and up 2.3 percent on year.
Thailand will provide July numbers for imports, exports and trade balance
USD/JPY Weekly Outlook
USD/JPY’s rebound from 104.18 extended further to 107.05 last week. As a temporary top was formed, initial bias is neutral this week first. We’d holding on to the bullish case. That is, corrective fall from 111.71 has completed with three waves down to 104.18, after missing 100% projection of 111.71
Big tech hits home runs
Major League Baseball may be struggling to get past the complications of playing matches during a pandemic, but big tech is suffering no such issues. The "gang of four," Alphabet, Amazon, Apple and Facebook all hit match-winning home runs with the release of their Q2 earnings in after-hours trading.
Tera Europe’s 2019 Turnover Drops 41%, Opening Dubai Branch
Photo: iStock
Tera Europe Limited, a UK’s multi-asset trading platform, has released its annual financial report, ending on December 31, 2019, showcasing a total yearly turnover of £2.07 million – a drop of 41.6 percent from the previous year’s £3.55 million.
The audited figure also dropped signif
European markets slip ahead of the ECB
While US markets finished higher for the fourth day in a row, markets in Asia have come under pressure after the latest economic data out of China painted a rather mixed picture of the economic outlook in the world’s second biggest economy.
China Q2 GDP showed a 11.5% rebound, more than reversing th
Pull-up Update