ATFX Press Releases 2021

Kelly Yeung

ATFX.com Representative
Messages
776
After turbulent times we had in 2020, it is clear that investors will not get much of a break in 2021. The volatility witnessed in the markets last year is still there, but there are some fundamental changes such as the ongoing global rollout of COVID-19 vaccination programmes among others. Many are expecting the global economy to recover this year, which is quite likely, but we’re wondering what might happen to the US dollar.

Will the US Dollar continue to fall or bottom out?

Will the US dollar, which fell 7% in 2020, continue to weaken in 2021? The answer is yes, but the decline will not be as deep, we cannot rule out the possibility that it will decline initially and then rally later in the year. The dollar’s performance will largely depend on the recovery of the U.S. economy, and whether Biden can implement positive changes in the U.S. as the market expects. The Fed has promised to maintain its large-scale asset purchase program and is open to expanding the programs, which is likely to weaken the dollar.

From a different perspective, the scale of financial support invested by the United States government to rescue the economy is higher than that of Europe. Hence, if such stimulus is effectively translated into economic growth, we can expect the dollar to rebound. In general, if the coronavirus pandemic could be controlled sooner than expected, the US economy could recover quickly ending the dollar’s decline.

Against this background, the U.S. dollar will also depend on the pace of the recovery across the global economy. A strong economic recovery in other developed countries would elevate investor appetite for riskier assets, which could drag the dollar lower. The US dollar is widely regarded as a safe haven asset, which booms when investors are worried about the future and falls when investors are confident. Therefore, even if the U.S. economic recovery is strong enough to lift the dollar, its upside could be limited by a much stronger global economic recovery.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

Kelly Yeung

ATFX.com Representative
Messages
776
2020 was a year full of surprises driven by the global pandemic, which rocked global financial markets triggering a series of unexpected events. 2021 is off to an interesting start as markets hit new all-time highs and many countries rollout COVID-19 vaccination programmes. Many investors and traders are optimistic about the markets, but the volatility witnessed last year is likely to persist creating excellent setups for traders. Let’s examine what is likely to happen in the UK economy.

UK economy Faltering after Brexit

The biggest difference for the United Kingdom in 2021 is that it has effectively left the European Union, and has embarked on a journey of true independence. However, Britain’s new status as a country free from the EU’s shackles comes with its own set of challenges. The country’s economy has suffered from the impact of the pandemic lockdowns, restrictions and the new trade barriers with the EU may hinder its recovery. The British economy suffered one of the biggest declines among developed countries in 2020 and things are not looking good in 2021. The country’s economy suffered its worst recession in a century and is a long way from recovering.

Although Britain managed to get a post-Brexit trade deal with the EU, British interests did not prevail within the actual trade agreement, and it was even nicknamed "no substantive agreement to leave the European Union." The country is already feeling the negative effects of the Brexit divorce and faces many unknowns given that its financial services sector was excluded from the Brexit deal. The British pound is expected to struggle this year, especially if the Bank of England embraces negative rates putting the pound on equal footing with the euro. However, the pound may benefit from the US dollar’s continued weakness as demand for it remains low is a risk-on market. The fast rollout of coronavirus vaccines in the UK combined with a quick reopening of the country’s economy may also give the pound a slight edge over its peers.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

RahmanSL

Major
Messages
2,773
Rise or fall of the almighty dollar depends on which currency pair you want to trade against the US$.
And, as we all should know, the FED is not too keen in having a stronger dollar because that's bad for business.
 

RahmanSL

Major
Messages
2,773
The possibility of Scotland succession from the UK might throw the British economy out of whack even if the island nation manage to get back on the road post Brexit and the pandemic.
The British Isles is finding it increasingly more difficult to compete with other countries who can do it better, faster, and cheaper. And you can't balance your trade deficits if you import more than you export.
 

Kelly Yeung

ATFX.com Representative
Messages
776
After the volatility and surprises that we saw in 2020, many investors were ready for a different 2021, but some aspects of the past year have crossed over into the new year. The volatility witnessed in 2020 is still there in 2021 and the world is still fighting the coronavirus pandemic. However, there is hope of an economic recovery as countries roll out COVID-19 vaccination campaigns and look forward to reopening their economies. Let’s dive into what we expect of the euro.

Euro needs support from Dollar to strengthen

Entering 2021, we will continue to see the euro maintain its strength in the first half of the year, and the high of 1.2500 in February 2018 is in sight. But looking at last year, if the euro can continue its strength in 2020, the dollar needs to cooperate on the downside. The economic recovery within the eurozone in the second half of 2020 was better than the United States, which fueled the euro’s rally. However, the United States may overtake the eurozone’s economic recovery this year, taking away the euro's massive advantage.

In terms of monetary policy, the ECB’s moderate and space-limited policies will not be able to guide the euro down sharply even if the stimulus scale is expanded again. Therefore, the European Central Bank’s influence on the euro may be limited. But it should be noted that if the euro continues to appreciate sharply, which could prompt the already "vigilant" European Central Bank to take action and ease the situation, although the possibility of direct intervention is low.

In addition, even if the United Kingdom finally achieved Brexit, it does not mean that the EU has gotten rid of its influence since then. After all, Brexit is about two parties. If the Brexit agreement is not materially beneficial to both parties, the Eurozone economy will also face inconveniences and challenges, and these will show with time. On the whole, the euro may still maintain its comparative advantage in the first half of this year, but in the end, the competition between the euro zone economy and the United States will be the key to determining which one performs better between the euro and the dollar.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

Kelly Yeung

ATFX.com Representative
Messages
776
After the year we had in 2020, we can confidently say that 2021 is both the continuation of the old market and the beginning of the new market. Entering the post-pandemic era, the market will usher in changes including the global roll out of coronavirus vaccination programmes, and the resumption of most activities. It can be said that volatility will not change and is inevitable, but this will create more trading opportunities. Here’s a look at the top ten trading themes of 2021. Let’s look at the US equity markets.

U.S. stocks continue to hit new highs

The US equity markets are set to benefit from the ongoing economic recovery in the country fueled by the low interest rate environment. The three major U.S. indexes are set to hit historical highs, and small cap stocks will also benefit from the expected economic recovery. Major changes are expected in global politics, as Biden’s administration is expected to champion a return to the global multilateral framework, creating favourable conditions for U.S. stocks to rise. Therefore, the overall momentum in US stocks will show a sharp upward trend.

Ultimately, the biggest driving force behind the rally in US stocks will be the US economy. If Biden launches a large-scale economic stimulus plan as scheduled, but it fails to provide the massive momentum that the markets need, then US stocks that have risen ahead of time will prove to be overvalued, and no matter how strong the "bull trend" is, it may be cut off. Furthermore, it is worth noting that technology stocks that led the market higher last year are expected to post lower percentage gains this year. It remains to be seen whether they can replicate last year’s performance. After all, 2021 may see tech stock face more stringent regulatory policies under the Biden administration.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

Kelly Yeung

ATFX.com Representative
Messages
776
bl6768_atfx_connect_banner_1.jpg


ATFX Connect intro
Back in 2019, ATFX stepped into the Institutional arena with the launch of their Multi Access platform ATFX Connect. The vision from management was to expand and promote the company’s global presence and continue to provide award-winning liquidity and customer service to clients within the Institutional community. With the focus on a more diverse Investor, the ATFX Connect platform has been designed to provide an efficient automated trading venue that delivers a tailored liquidity service to Hedge Funds, Asset Managers, Brokers, Private Banks and other financial institutions.

Adding a new Prime Broker
Fast forward to 2021 and ATFX’s reputation as a go to broker for Institutional clients continues to flourish. Already FCA regulated, management took the key decision to elevate the profile of ATFX by partnering with a leading tier 1 Prime Broker to establish their presence within the Institutional community. With the introduction of an Agency model ATFX can now accommodate Institutional clients that wish to trade FX and Precious metals without having to post margin and have already successfully partnered with several new clients who are able to enjoy direct market access to multiple Tier 1 providers and trade on their aggregated pricing feeds.

Wei Qiang Zhang, Managing Director at ATFX, - “The key to the future of ATFX’s success will be driven by the strategic thinking and planning of the management team. With our innovative technology department and the application and dedication from our experienced UK staff, ATFX are well positioned to establish themselves as a long-term business partner to clients in the Institutional community. The launch of the new product further demonstrates our commitment, work ethic and the constant innovation to develop our technology, research and tailored solutions for our clients.”


ATFX Connect enhanced product and technology

bl6768_atfx_connect_banner_3.jpg


Over the last 18 months ATFX have invested heavily in their technology and product offering. We have continued to develop our Multi Access Platform “ATFX CONNECT” and have added a number of new order functions designed to give our clients more options and flexibility when trading. The platform offers low latency, quick order entry and competitive pricing in a stable environment with a choice of either Agency or Margin configuration. ATFX Connect provides clients with direct market access to a number of Tier 1 bank and Non Bank liquidity providers allowing them to leverage our aggregated pricing feeds via FIX API or Gui. The platform’s technology also allows ATFX Connect to provide our clients with tailored liquidity streams designed to meet their needs on a sweep or full amount basis.


ATFX Connect Platform Framework

bl6768_atfx_connect_banner_2_1.jpg


For margin clients, ATFX Connect also continues to provide a bridge solution via OZ giving them access to institutional liquidity and CFDs. During the past year ATFX have worked closely with their business partners to expand the product offering and will look to build on this throughout 2021.


What can we expect to see from ATFX Connect going forward into 2021?
2020 proved to be a difficult year for many in the Financial markets with the impact of a global pandemic, a controversial US Election and Brexit negotiations going down to the wire. With these uncertainties now resolved and a hope that the COVID-19 threat will recede in 2021 ATFX UK will look to build on the company's success turning their attention to the Institutional market with a focus on Europe and other global financial centres.As a growing fintech company, ATFX will continue to invest in their staff and technology. The development of the in-house aggregator and bridge remains a key focus for the year ahead. At a global level, the ATFX management team is committed to expanding the company and increasing market share across established jurisdictions in Europe, UK, Middle East, SE Asia and Latin America.

By working closely with business partners and understanding their needs, ATFX Connect provides clients with a reliable tailor-made service designed to build long term relationships.

Marc Taylor, Institutional Sales at ATFX Connect, -” The Agency model has further enhanced the reputation of ATFX within the Institutional market and we have already partnered with a number of new customers. With the addition of a Tier 1 Prime Broker clients can now leverage our direct market access allowing them to trade on more competitive prices without having to post margin.”


ATFX intro
ATFX is an award winning FX/CFD broker with an established global presence. Globally, the company has offices around the world including London, Dubai, Mexico, Hong Kong, Taiwan, Thailand, Malaysia, Vietnam, and the Philippines offering support to its clients in more than 15 different languages.

ATFX is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

ATFX offers a variety of products, including over 200 financial assets from forex, cryptocurrency, precious metals, energy, indices, and shares via CFDs.

END
atfx.com​

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.07% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

Kelly Yeung

ATFX.com Representative
Messages
776
Trading Themes Prospects in 2021

After the volatility and surprises that we saw in 2020, many investors were ready for a different 2021, but some aspects of the past year have crossed over into the new year. The volatility witnessed in 2020 is still there in 2021 and the world is still fighting the coronavirus pandemic. However, there is hope of an economic recovery as countries roll out COVID-19 vaccination campaigns and look forward to reopening their economies. Let’s dive into what we expect of the euro.

Euro needs support from Dollar to strengthen

Entering 2021, we will continue to see the euro maintain its strength in the first half of the year, and the high of 1.2500 in February 2018 is in sight. But looking at last year, if the euro can continue its strength in 2020, the dollar needs to cooperate on the downside. The economic recovery within the eurozone in the second half of 2020 was better than the United States, which fueled the euro’s rally. However, the United States may overtake the eurozone’s economic recovery this year, taking away the euro's massive advantage.

In terms of monetary policy, the ECB’s moderate and space-limited policies will not be able to guide the euro down sharply even if the stimulus scale is expanded again. Therefore, the European Central Bank’s influence on the euro may be limited. But it should be noted that if the euro continues to appreciate sharply, which could prompt the already "vigilant" European Central Bank to take action and ease the situation, although the possibility of direct intervention is low.

In addition, even if the United Kingdom finally achieved Brexit, it does not mean that the EU has gotten rid of its influence since then. After all, Brexit is about two parties. If the Brexit agreement is not materially beneficial to both parties, the Eurozone economy will also face inconveniences and challenges, and these will show with time. On the whole, the euro may still maintain its comparative advantage in the first half of this year, but in the end, the competition between the euro zone economy and the United States will be the key to determining which one performs better between the euro and the dollar.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 

Kelly Yeung

ATFX.com Representative
Messages
776
Trading Themes Prospects in 2021

After the volatility witnessed in 2020, we can say that 2021 is both the continuation of the old market environment and the start of a new one. As we enter the post-pandemic era, the market will usher in changes triggered by countries bringing the coronavirus pandemic under control and the resulting economic recovery. It is highly likely that volatility will not change and is inevitable, but we can explore the opportunities arising from this and look forward to the top ten trading themes of 2021.

3 Major A-share Indexes rise can be expected

The A-shares performance in 2020 can be regarded as being very successful. The three major mainland indices all gained over 10% during the year, continuing the upward trend seen in 2019. In line with the more positive domestic and foreign environment, market participants as a whole are regarded as being neutral or optimistic about 2021. So, we can expect that stock prices will rise for the third consecutive year in 2021.

At the Central Economic Work Conference held in 2020, the government made it clear that it was keen on maintaining continuity, stability, and sustainability in its macroeconomic policies. The government promised to continue implementing proactive fiscal policies combined with prudent monetary policies. The pace at which the central bank's monetary policy will return to normal will not change, so we are likely to see tight macro liquidity throughout the year.

The main difference from last year is that the external economic environment is expected to improve in 2021. The global equity markets will have a more optimistic environment and stocks are likely to rally. Coupled with the momentum of the Chinese economy, the value of A-share allocation among investors will increase, and this will attract more foreign investment by institutions.

ATFX is a co-brand shared by a group entities including:
  • AT Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.
  • AT Global Markets LLC is a Limited Liability Company in Saint Vincent and the Grenadines with company number 333 LLC 2020. The Registered Office: 1st Floor, First St. Vincent Bank Bldg, James Street, Kingstown, St. Vincent and the Grenadines.
  • ATFX Global Markets (CY) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 285/15. The Registered Office: 159 Leontiou A' Street, Maryvonne Building Office 204, 3022, Limassol, Cyprus.
  • AT Global Markets Intl Ltd is authorized and regulated by the Financial Services Commission with license Number C118023331. The Registered Office: Suite 207, 2nd Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
 
Top