Binance to launch spot crypto trading platform in the UK
June 18, 2020 BY Steffy Bogdanova

Binance will launch digital asset trading platform for institutional and retail investors in the UK

The new platform will enable uses to make faster direct deposits and withdrawals from bank accounts with the UK Faster Payments Service and the Single Euro Payments Area Network. Teana Baker-Taylor, director of Binance UK said that with the crypto market developing and growing, Binance will create more investment options for traders. Binance has reported…

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HKEX plans to launch Sustainable and Green Exchange Hong Kong Exchanges and Clearing Limited (HKEX) announced its plans for launching the HKEX Sustainable and Green Exchange, ‘STAGE’. The new information platform will be a central hub for data and information on sustainable and green finance investments in Asia. The new HKEX exchange will promote the visibility, transparency and accessibility of sustainable and green finance across asset class and product type. On STAGE investors will have access to a comprehensive database of sustainable and green investment options, available on Hong Kong’s securities markets. The exchange will also act as a education and advocacy platform, promoting knowledge sharing and stakeholder engagement in sustainable finance. Grace Hui commented: “The launch of STAGE demonstrates HKEX’s strong commitment to sustainability. By encouraging issuers, investors, asset managers, market participants and advisors to play an active role in enhancing the sustainable and green finance ecosystem in Hong Kong and the region, we are in turn reinforcing the sustainability of our own market.” Grace Hui added: “Our goal is to help issuers raise awareness of their sustainable and green financial products, whilst also offering investors and asset managers easy access to information for their due diligence, selection and monitoring.” STAGE will accommodate an archive of information on sustainability, green and social bonds and ESG-related Exchange Traded Products listed on HKEX. Issuers with products in line with the international standards or principles and providing post-issuance reports annually can join STAGE without fees and display their products on the platform. The online archive will be launched later this year. HKEX will keep developing the platform in line with the evolving market landscape. Over time STAGE can expand its coverage with more asset classes and product types, including derivative products linked to relevant sustainability or environmental, social and governance indices, as well as other sustainable and green financial products. The region has seen significant growth of sustainable and green investment funding in recent years. Green bond issuances in Asia-Pacific increased to record levels in 2019, reaching US$18.89 billion, Mainland China’s green bond market alone accounted for US$8.13 billion. Hong Kong played an important part in this development. The increasing amount of green bonds arranged and issued in the local market hit US$26 billion by the end of 2019.
June 18, 2020 BY Steffy Bogdanova

HKEX plans to launch Sustainable and Green Exchange

STAGE will accommodate an archive of information on sustainability, green and social bonds and ESG-related Exchange Traded Products listed on HKEX. Issuers with products in line with the international standards or principles and providing post-issuance reports annually can join STAGE without fees and display their products on the platform. The online archive will be launched…

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daily market analysis
June 18, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar is staging a slow comeback

EUROPEAN SHARES  European share markets opened mostly lower on Thursday, following a similar trend overnight in Asia, as investors’ appetite for risk loses momentum. This decreasing interest towards riskier assets came after there were rises in infections in more and more locations, sparking fresh concerns about the economic recovery. Even if the recent reassuring macro…

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Euronext announces a new suite of ESG-focused products
June 17, 2020 BY Steffy Bogdanova

Euronext announces a new suite of ESG-focused products

Euronext is prepared for investors taking ESG criteria into consideration in their investment strategies and has developed a suite of innovative solutions for listed companies through its Corporate Services offering.  The ESG Advisory services are tailor-made and allow issuers to reach new investors by clarifying their ESG strategy for capital markets and building their ESG…

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June 17, 2020 BY Steffy Bogdanova

CFD broker Infinox Capital launches MetaTrader 5

Infinox’s clients can access MetaTrader 5 from both desktop and mobile devices. Anthony Stubbs, IX Capital Group Limited CEO, commented: INFINOX prides itself on providing a premium client service and a range of trading tools across multiple assets. The addition of the MetaTrader 5 platform to our product offering continues our commitment to provide our…

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June 17, 2020 BY Steffy Bogdanova

RippleNet Cloud announces its first bank customer Banco Rendimento

Ripple’s list of financial institution using RippleNet Cloud includes: Azimo DeeMoney iRemit MoneyGram MoneyMatch Usend / Pontual Viamericas Jacques Zylbergeld, FX Superintendent at Banco Rendimento commented: Migrating our payment infrastructure to RippleNet Cloud allows us to provide our customers with a best-in-class experience. Customers can now enjoy more transparency and easier navigation for both submitting…

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appointment
June 17, 2020 BY Steffy Bogdanova

Former Goldman Sachs managing director joins Liquidnet as head of equities technology

Prior to joining Liquidnet, Telang spent 16 years at Goldman Sachs, where he oversaw the modernization of its equity algorithmic trading systems, stimulating significant increase in volumes and its institutional client base. He has been head of Equities Electronic Trading Engineering for the Americas for the last five years, leading the development and global rollout…

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