The average daily volume in FX for last month came in at $21.42 billion. Compared to June’s $23.19 billion this was a 7.6% MoM fall. Total Cash Market numbers stood at $206.88 during July 2022, dropping 15% compared to June 2022. Derivatives markets on Euronext also registered a decline last month with 12.94 million contracts…
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Skou will help Saxo streamline its expansion in her new position. In a LinkedIn post on Monday, Skou stated: "Happy and excited to take on the role as Global Head of Business Partnering at Saxo Bank. I am looking very much forward to continue working closely together with amazing and talented colleagues accross all departments…
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TWINT is a leading payment app in Switzerland and already has over four million users. It allows customers to make payments via smartphone with various types of merchants, including in-store, online, when parking, on public transport, or peer-to-peer. "Launching Swissquote TWINT is the next logical step towards our goal of becoming the first bank for…
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European Shares European markets slid slightly lower at the beginning of the trading session on Tuesday, as investors assess lingering risks coming from different fronts. Inflation, geopolitical tensions, monetary policies; a lot of this year’s uncertainty may have already been priced in, but bullish market drivers are still hard to find and there is a…
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On the other hand, the JPX-Nikkei Mid and Small Cap Index comprises companies with middle and small market capitalizations, making up the majority of firms in Japan. In addition, they are also selected based on their shareholder appeal and have to adhere to similar standards as companies in the Nikkei 400. Last month, Monex revealed…
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Saxo Bank is a widely known Danish investment bank founded and headquartered in Copenhagen that specialises in online trading and investment. Saxo bank reported its weakest FX volume in 6 months in July. The multi-asset brokerage saw average daily volumes in FX fall o $4.5 billion during the month, down 20% from June's $6.9 billion.…
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Oil’s headwinds continue Brent Crude (symbol ‘UKOIL’) made losses in the first week of August, reaching around $95 and erasing all the gains after Russia’s latest invasion of Ukraine. The USA’s technical recession and signs of a general economic slowdown around the world have affected sentiment negatively, while there are some signs of increasing supply…
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European Shares European stocks climbed at the beginning of the trading session on Monday, alongside US futures while Asian shares closed on a mixed tone. Tech and energy shares were among the top performers following the opening bell as investors, pushed by a strong earnings season and the prospect of positive nuclear talks with Iran…
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In 2020 BMO, which has total assets of $1.04 trillion, opened up the possibility of obtaining a securities license in Japan by establishing a Tokyo Representative office. Rob Yeung, Country Head of International & Head of Global Equities and Financing Solutions at BMO Capital Markets, said the firm is "excited" about its growth potential in…
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To begin with, only trading access to bitcoin will be provided, although Coinbase said they will continue to progress the platform integration and roll out functionality in phases to interested clients. Joseph Chalom, Global Head of Strategic Ecosystem Partnerships at BlackRock, said: "Our institutional clients are increasingly interested in gaining exposure to digital asset markets…
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