LaClair currently serves as Chief Revenue Officer. She will make a move to Head of Global Solutions in the new year in place of Suzan Kereere, who is set to exit the company by the end of December. LaClair has a wealth of experience in leadership roles; she previously served as Chief Financial Officer at…
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CME Group has cemented its position as a leading global financial derivatives marketplace in recent years. It operates a range of trading markets, including mercantile exchanges in Chicago and New York. The new all-to-all spot FX marketplace will build on its existing infrastructure and expertise to deliver a feature-rich experience for customers. They will, for…
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Considering the evolving macroeconomic environment, the outlook projects a 7.0% annual return for a standard 60/40 stock-bond portfolio. Introducing a 25% allocation in alternative assets could enhance this forecast by 60 basis points and improve the Sharpe ratio by around 12%. Factors like automation and AI's impact on productivity, energy transition, and new technologies are…
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This guideline requires that all smartphones, which include existing iPhones, feature a universal charging port to cut consumer costs and reduce e-waste. Continued discussions on the matter pushed manufacturers in India to comply with this arrangement by June 2025, which is six months later than the agreed deadline for Europe. Estimates show this move can…
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The promoter indicated the renewed contract includes the planning of a new album and Blackpink world tour. This news fanned the fires of other K-pop stocks, with HYBE Co., Ltd. (352820.KS) and JYP Entertainment Corporation (035900.KQ) shares leaping by 8.5% and 7%, respectively. Blackpink splashed onto the music scene in 2016 and has since become…
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This regulation by the Kenya authority adds to FP Markets' regulatory presence in Africa. On the 10th of May 2022, FP Markets received a regulatory licence from the Financial Sector Conduct Authority (FSCA) of South Africa. These events have served to strengthen its global regulatory presence across multiple continents. Craig Allison, FP Markets CEO, commented…
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The registrations, reported by CnEVPost, do not calculate the separate Model 3 and Model Y registrations; rather, the figure totals both registrations and pits against competitor electric vehicle (EV) manufacturers. According to the data, Tesla’s sales for November decreased 17.8% when compared to the same period last year, with this drop including Chinese exports in…
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The company's success in the rates market was particularly noteworthy. The daily average volume for U.S. government bonds grew by 19.5% year-over-year, amounting to $163.7 billion. Similarly, the European government bonds saw a 30.5% year-over-year increase, totalling $44.8 billion. Factors contributing to this growth include an expanded client base, diverse trading methodologies on the institutional…
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The RBA also noted that it would require more economic signals before considering any further adjustments to monetary policy. In their policy statement, the RBA pointed out that the October monthly CPI indicator indicated a continued inflation moderation. The AUD/USD pair is experiencing a decline, marking its second consecutive day of losses after retracing from…
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Ives, and a string of other Wall Street tech analysts, suggested that the pace of IT expenditure and endorsement is no match for the money being pumped into AI resources at present, and, according to experts, this is set to continue. Wedbush Securities Inc., a global private investment firm, seconded Ives’ statement, noting that stock…
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