Eurex ESG
October 07, 2020 BY Steffy Bogdanova

Eurex plans to launch next generation of ESG derivatives

Rodolphe Bocquet, Global Head of Sustainable Investment at Qontigo said: The EURO STOXX 50 ESG Index and the DAX 50 ESG Index both represent highly liquid solutions for asset owners who are looking for cost-effective ways to integrate sustainable factors in the core of their investments. These indices are well suited for derivatives and are…

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daily market analysis
October 07, 2020 BY Steffy Bogdanova

Daily market commentary: The dollar continues to behave as a barometer of the markets’ risk appetite

EUROPEAN SHARES European indices ticked higher on Wednesday, continuing the trend registered in Asia overnight, as investors’ risk appetite accelerates. The fact that President Trump has said to be in favour of alternative stimulus measures as well as a new support plan for the airline sector is boosting market sentiment and offsetting this morning’s disappointing…

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CME Group
October 07, 2020 BY Steffy Bogdanova

CME Group adds new TreasuryWatch Tool to its offering

The new tool has additional capabilities which allow users to: Track and chart recent, historical and forecasted Treasury auction sizes by tenor and by gross coupon issuance. View yield data for cash treasuries, US treasury futures and short-term interest rate futures. View upcoming high impact US economic events. Quickly access key industry resources from the…

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collaboration
October 06, 2020 BY Steffy Bogdanova

Ballinger & Co adds Barclays as its principal banking partner

Jenni Himberg-Wild, Head of Team - FinTech and PSPs Coverage at Barclays Corporate Banking said: We are very pleased to be working with Ballinger, as they provide their innovative Foreign Exchange offering to the market. We’ve worked closely with their senior management over recent months, and look forward to continuing to build a strong relationship…

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FCA bans sale of crypto-derivatives to retail consumers
October 06, 2020 BY Steffy Bogdanova

FCA bans crypto derivatives sale to retail consumers

The FCA said: Unregulated transferable cryptoassets are tokens that are not ‘specified investments’ or e-money, and can be traded, which includes well-known tokens such as Bitcoin, Ether or Ripple. Specified investments are types of investment which are specified in legislation. Firms that carry out particular types of regulated activity in relation to those investments must…

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Acquisition
October 06, 2020 BY Steffy Bogdanova

StoneX completes acquisition of GIROXX GmbH in Germany

With the acquisition now finalized, StoneX’s Global Payments Division can extend its business to small-to-medium sized corporations in addition to serving a customer base of NGOs, financial institutions and corporates. These services allow SMEs to remain competitive by enabling efficient liquidity planning and ability to scale their business globally by processing international payments quickly and…

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Devexperts taps Denis Kozlov for VP of business development in Cyprus
October 06, 2020 BY Steffy Bogdanova

Devexperts appoints Denis Kozlov as VP of business development in Cyprus

Kozlov’s professional background allows him to analyse and consult on a full brokerage trading software infrastructure, helping brokers grow their businesses by having a white-label solution to a fully owned trading platform and manage only necessary 3rd party integrations. Michael Babushkin, CEO of Devexperts said: Devexperts is known for being dedicated to consulting and providing…

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forex and crypto market analysis
October 06, 2020 BY Steffy Bogdanova

Daily Market News: Trump departs hospital, markets eye stimulus deal

What to watch Paychex: Small business human resource, payroll and benefits outsourcing firm Paychex’s share price is close to flat year-to-date, lagging the broader market, as widespread unemployment puts its business model under pressure. The company delivers its latest quarterly earnings update on Tuesday, with Wall Street analysts expecting an earnings per share figure of…

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daily market analysis
October 06, 2020 BY Steffy Bogdanova

Daily market commentary: The Dollar Index is almost flat

EUROPEAN SHARES Monday’s optimism on President Trump’s improving health conditions as well as hopes of further stimulus from US lawmakers recently had an important bullish impact on both US and Asian stock markets, however, this sentiment isn’t continuing in Europe today after benchmarks opened mixed. While many investors welcomed the good news from the US,…

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