The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Australian dollar is recognized as the best proxy for trading the Chinese economy, as the Chinese Yuan is not freely traded. The Reserve Bank of Australia’s (RBA) former Governor Glenn Stevens has said…
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Wolverine Execution Services (WEX), a provider of premier technology and execution services to Institutional clients, announced the launch of Request For Quote (RFQ). This new functionality, within the WEX Trading Platform (WTP), will provide a simple and fully electronic workflow, which will mirror the traditional high touch trading. Only available in the WTP, RFQ allows…
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Metropolitan Stock Exchange of India Limited (MSE), the third national level stock exchange, today announced it has agreed to collaborate with GMEX Group of London, provider of multi-asset exchange trading and post trade technology and business solutions. MSE is developing innovative products in existing market segments as well as launching new trading segments. It is…
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NEX Markets, a NEX Group (LON:NXG) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that following the publication of the FX Code of Conduct (the Code), it plans to adopt the Code’s principles across its FX trading platforms. NEX Markets played an active role in…
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Financial services company Zopa announced today that it will launch its Innovative Finance ISAs (IFISA) in June. Pending final approval from HMRC, IFISA will be available from 15th June with target returns of up to 6.1%. As Zopa expects investing volumes to be high, the company is giving existing investors priority access ahead of new customers, where…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Campbell & Browne Associates / Campbell Brown. Campbell & Browne Associates / Campbell Brown is not authorised by the FCA but has been targeting people in…
Read moreThe FOMC released its May meeting minutes last evening stating that the overall economic assessment was little changed. The Fed sees to raise rates once again is ‘soon be appropriate’. Markets assume that it signals a rate hike in June. The minutes also signals further tightening is expected if the incoming economic data shows improved…
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The European Securities and Markets Authority (ESMA) has published a Consultation Paper (CP) on the Money Market Funds Regulation (MMFR). The CP contains proposals on draft technical advice (TA), draft implementing technical standards (ITS), and guidelines under the MMFR. The key proposals relate to asset liquidity and credit quality, the establishment of a reporting template…
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Offers open connectivity to third party data for research distribution, monitoring and evaluations; creates a provider-neutral hub for MiFID II research payments Instinet Incorporated (Instinet) announced the launch of RQ Connect (Research Quality Connect), a provider-neutral application within its research payment and commission management platform, Plazma®. RQ Connect enables Research Procurement Management (RPM) systems to…
Read morePosted by Matt Simpson | 25/05/2017 04:29 We highlight three correlations which show the near-term may provide further hikes, further out it may be less pleasant. - 2yrs suggest Fed will continue to hike - 2-10yr spread is out of sync with current hike path - If Fed Funds and 2-10yr spread are to meet,…
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