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.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.