Latest EIA data recorded a 4.43mn barrel decline in inventories for the latest week. WTI traded higher this morning, hitting the highest level of 51.96, last seen on April 19. However, it was followed by a retracement after OPEC announced the existing output cut agreement to be extended for 9 months, as markets have largely…
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The Ontario Securities Commission (OSC) today released A Framework for Responsive Market Regulation, a paper presented at Oxford University that addresses how Canadian regulators are responding to changes in the market while protecting investors. As our capital markets evolve, we must have the courage to foster a responsive regulatory climate that allows innovation while ensuring…
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Financial technology company NEX Group plc (LON:NXG) announced that it is the official global sponsor of the drone racing team XBlades. Developed in 2014, drone racing is a motorsport where pilot’s race drones (radio-controlled aircraft or quadcopters) at speeds approaching 120mph around a course in the fastest time possible. The drones are equipped with cameras…
Read morePosted by Naeem Aslam | 25/05/2017 12:34 The FOMC minutes delivered what investors were looking for. The Fed surely wants to avoid another taper tantrum and they kept the markets calm The Fed is letting sleeping dogs lie with the latest FOMC minutes confirming their current wait-and-see approach when it comes to reducing market liquidity.…
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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…
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