Market Analysis
December 19, 2022 BY Steffy Bogdanova

Daily market commentary: Stock benchmarks are getting back some of the ground lost over the past two weeks

This should maintain significant pressure to those markets until the next earning season, which makes the short- to mid-term outlook for stocks difficult to assess. That said, a bullish leverage from China may provide a boost towards equities this week after Beijing abandoned its “Covid Zero” policy and pledged more growth in 2023. The STOXX-50…

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OneCoin
December 19, 2022 BY Steffy Bogdanova

Crypto pyramid scheme OneCoin’s co-founder Karl Greenwood pleads guilty

US Attorney Damian Williams commented: As a founder and leader of OneCoin, Karl Sebastian Greenwood operated one of the largest international fraud schemes ever perpetrated.  Greenwood and his co-conspirators, including fugitive Ruja Ignatova, conned unsuspecting victims out of billions of dollars, claiming that OneCoin would be the ‘Bitcoin killer.’  In fact, OneCoins were entirely worthless. …

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Daniel Moran confirmed as Chief Compliance Officer of ASX
December 19, 2022 BY Steffy Bogdanova

ASX confirms Daniel Moran as Chief Compliance Officer

Prior to joining ASX, Moran served as a corporate and transactional lawyer at Herbert Smith Freehills. While there, he worked out of Sydney and London and he acted on acquisitions and disposals, capital raisings and restructures, as well as advising on a range of corporate legal, regulatory and governance issues. His new appointment is going…

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European stock market experiences positive change
December 16, 2022 BY Steffy Bogdanova

Daily market commentary: Risk appetite decreased after renewed hints of an uncertain economic outlook

The report isn’t expected to show any major change compared with last month, but a number above or below the 10% mark could significantly impact market sentiment today. Technically speaking, the STOXX-50 index has already broken-out a major support at 3,850.0pts (23.6% Fibonacci) and now heads further down towards the next at 3,735.0pts (38.2%) before…

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partnership
December 16, 2022 BY Steffy Bogdanova

Pico partners with BSO to expand crypto offering

Under the new partnership agreement, Pico will extend its network to offer its clients access to BSO’s Crypto Connect.PicoNet clients will be able to use Crypto Connect’s global, low-latency, cloud-to-cloud connections into more than 35 major crypto exchanges. Michael Ourabah, Chief Executive Officer, BSO, said: BSO has always prided itself on delivering the mission-critical infrastructure…

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December 15, 2022 BY Steffy Bogdanova

ICE Global Network expands in Hong Kong, Shanghai and Tokyo

ICE has strengthened connectivity access center offerings in Hong Kong, Shanghai and Tokyo. Among the new improvements are ultra-low-latency access to local markets, including Hong Kong Stock Exchange (HKEX), the Japan Exchange Group (JPX) and the Shanghai Futures Exchange (SHFE), as well as with regional and international connectivity leveraging ICE’s ultra-low latency backbone. Magnus Cattan,…

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December 15, 2022 BY Steffy Bogdanova

Swissquote upgrades ESG investing with information on stocks

Marc Bürki, CEO of Swissquote, commented: We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at…

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