Daily market commentary: The US inflation numbers for August released yesterday surprised to the upside LeapRate

September 14, 2022 BY Steffy Bogdanova

Daily market commentary: The US inflation numbers for August released yesterday surprised to the upside

Against this background, and with the Fed rate decision due next week, many investors now believe that the US central bank may hike rates by a full percentage point. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading…

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BNY Mellon Investment Adviser charged with omissions in ESG by SEC

September 13, 2022 BY Steffy Bogdanova

SEC announces charges against Oppenheimer & Co., BNY Mellon, TD Securities, and Jefferies

Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, said: I applaud the excellent work of the Division’s Public Finance Abuse Unit in bringing these first-ever actions in the $4 trillion municipal bond space. We encourage underwriters to examine their practices and to self-report any failures to us before we identify them ourselves. LeeAnn…

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September 13, 2022 BY Steffy Bogdanova

Weekly data: American and British inflation ahead

The situation on the chart has followed these changing fundamentals quite closely, with the euro making gains over the last week to a high of around a month, breaking clearly above $1.01 and the 50-day moving average from Bands. There seems to be more scope for the common currency to continue upward and possibly test…

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Daily Market Commentary

September 13, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index hedges down, as markets await the release of US inflation data

European Shares Share markets continued to trade higher on Tuesday, registering modest gains as traders start bracing for today’s highly awaited US CPI figures. Most EU indices were in the green while Treasury markets dipped across the old continent after risk appetite found more support following reassuring inflation data from both Germany and Spain this…

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September 13, 2022 BY Steffy Bogdanova

Integral records 5% MoM decrease in ADV in August

However, Integral registered a 4.8 % rise in ADV, compared to the same period the previous year. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds.

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September 13, 2022 BY Steffy Bogdanova

Moneta Markets separates from Vantage Group, acquires new regulatory authorisations

David Bily, Founder and CEO of Moneta Markets, said: Since its inception, the intention has always been to build Moneta Markets into a brand that can operate on its own. The technological and infrastructural support of the Vantage Group, in the beginning, was vital in helping us launch and become a serious market contender, as…

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September 13, 2022 BY Steffy Bogdanova

Jessica Beckstead joins OANDA as Managing Director, North America, and CEO, US

Gavin Bambury, Chief Executive Officer of OANDA, said: We’re delighted to welcome Jessica to the OANDA team. Jessica brings with her significant knowledge of the financial services industry and is an excellent choice to drive our expansion in the Americas. Her extensive experience growing a retail business, as well as proven operational and strategic expertise,…

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CME Group launches Ether Options

September 12, 2022 BY Steffy Bogdanova

CME Group launches Ether Options

Capital market company DRW Holdings, LLC will provide liquidity on day one of the launch of the Ether Options. Rob Strebel, Head of Relationship Management for DRW, added: As ether transitions through the anticipated merge this week, we expect we'll continue to see strong demand for this Ether options contract. Furthermore, digital currency prime brokerage…

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September 12, 2022 BY Steffy Bogdanova

J.P. Morgan signs an agreement to acquire Renovite Technologies

Additionally, Renovite has a presence in India and the UK and has provided services to J.P. Morgan since 2021. Viren Rana, CEO & founder, Renovite, commented: Renovite’s mission is to provide modernized infrastructure in the cloud with the latest technology, agility and in-depth knowledge of the payments landscape. We are very proud of the team…

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Broadridge

September 12, 2022 BY Steffy Bogdanova

Broadridge teams up with Euronext to provide direct vote execution service in Denmark

Niels Hjort Rotendahl, CEO, Euronext Securities Copenhagen, said: With ESG as a central component for investors, the need for best-in-class governance and stewardship practices has never been stronger. Our collaboration with Broadridge will provide a more direct chain of proxy communications, and a higher level of service quality for all players. This comes at a…

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