About: anakin
Recent Posts by anakin
Moody’s Downgrade Sparks August Sell-Off: Banking Sector Hit, Markets in Turmoil
Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody’s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or 0.45%, settling at 35,314.49, while the S&P 500 ended down 0.42% at 4,499.38, reflecting a Continue Reading
August Futures Rollover Announcement – August 8, 2023
Dear Client, New contracts will automatically be rolled over as follows: Please note: • The rollover will be automatic, and any existing open positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new Continue Reading
Week Ahead: All Eyes on US Consumer Price Index and Producer Price Index
Several key market events are expected to influence the financial markets this week. Specifically, the highly awaited US Consumer Price Index and Producer Price Index will be released. In light of these crucial announcements, we advise traders to approach their trading preparations with caution, considering the potential for heightened market volatility. Here are some key Continue Reading
Notification of Server Upgrade – August 4, 2023
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 5th of August 2023 (Saturday) 14:00 – 18:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management will Continue Reading
Brave New World: How AI Is Changing Forex Trading Forever
Arguably more than any other sector, the world of forex trading has consistently been shaped by the onset of new technology. When the concept of trading assets in a public setting first came about, traders literally used to call out (yes, verbally!) the assets they intended to trade. However, the trading of currencies has evolved Continue Reading
