Gain Capital’s Forex.com UK division has added Brent crude oil to its ForexTrader platform, enabling clients to trade oil alongside global currencies and spot metals.
“Economic fundamentals have become a significant driver of oil prices. This factor and the inverse relationship between oil and the US dollar means trading oil is a fairly natural extension and an interesting alternative to currency trading,” said Jane Foley, director of research for Forex.com.
“In addition, many currency traders already closely follow the price of oil, and commodities are increasingly popular with retail traders as they look for opportunities to generate positive returns outside traditional equity markets,” adds Matthew Wright, regional director for Forex.com in Europe.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more