Saxo appoints Charu Chanana as Market Strategist in Singapore
May 25, 2022 BY Steffy Bogdanova

Saxo strengthens market insights in APAC, appoints Charu Chanana as Market Strategist in Singapore

With more than 30 years of experience in the industry, Redmond Wong is based in Hong Kong. He focuses on communicating Saxo's global investment strategy, generating Hong Kong and mainland China focused research, and delivering actionable insights across different asset classes and tradable instruments. Charu Chanana commented: I am excited to take on this role with…

Read more
May 24, 2022 BY Steffy Bogdanova

Why do investors like to add gold to their portfolios?

Gold has generally been steady through time as it cannot deteriorate and it does not lose its value due to age. Because of this, it has been seen as way to preserve investor wealth over time. Furthermore, unlike fiat currencies, Gold’s value cannot be controlled by a central bank, and it isn’t affected by printed…

Read more
Dukascopy bank
May 24, 2022 BY Steffy Bogdanova

Dukascopy warns about a fake crypto clone website

The Swiss firm further warned people against providing their personal information on the clone website. The company stated: Do not trust any information to be found on the website www.dukascoin.holds-coins.com. This website is a clone of www.dukascoin.com website and its purpose is to induce individuals to reveal seed phrases to their crypto wallets. Do not…

Read more
Nicola White appointed as B2C2 US CEO
May 24, 2022 BY Steffy Bogdanova

B2C2 appoints Nicola White as US CEO

Before that, White  served as global head of electronic markets within the fixed income division at Morgan Stanley, during which time she automated interest rate trading. Nicola White, CEO of B2C2 USA, said: I’m delighted to be leading our U.S. operations and look forward to working with the global team to build out B2C2’s already…

Read more
BNY Mellon Investment Adviser charged with omissions in ESG by SEC
May 24, 2022 BY Steffy Bogdanova

SEC slaps BNY Mellon Investment Adviser with $1.5 million penalty

Sanjay Wadhwa, Deputy Director of the SEC’s Division of Enforcement and head of its Climate and ESG Task Force, said: Registered investment advisers and funds are increasingly offering and evaluating investments that employ ESG strategies or incorporate certain ESG criteria, in part to meet investor demand for such strategies and investments. Here, we allege that…

Read more
MOEX
May 23, 2022 BY Steffy Bogdanova

Moscow Exchange April FX volumes almost halved

The total trading volume on the Equity and Bond Market was RUB 1.45 trillion. The numbers dropped 67.2% YoY. Trading volume in RDRs, shares, and investment fund units increased by 57.4% YoY to RUB 1.02 trillion. Demand on the derivatives market on MOEX also decreased with 69.6% YoY to RUB 4.2 trillion. Money Market turnover…

Read more
Daily Market Commentary
May 23, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks are trading higher in Europe, with Real Estate and Tech shares driving almost all benchmarks in the green

More clues about those market drivers, especially regarding the economic outlook, may be provided this week as traders await major data such as global PMIs, US new home sales, GDP and jobless claims alongside another batch of speeches from FED, ECB and BoE speakers. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the…

Read more
Freetrade raises £30m from existing and new investors
May 23, 2022 BY Steffy Bogdanova

Freetrade raises £30 million in latest funding round

The company’s registered users went over 1.3 million in the UK. Freetrade’s revenue for 2021 increased more than six times £15.1 million, AUA surpassed £1 billion and trading volumes for the year were above £3.7 billion. The announcement specified that the company raised the funds through a convertible loan note. The company highlighted that the…

Read more