OIL The black gold is starting the week on a mixed tone amid uncertain short to mid-term market sentiment. While oil related shares are drifting, the fact the US Dollar is holding onto last week’s gains is keeping a certain bearish pressure on the barrel’s price. On the other hand, lagging talks between Iran and…
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BUX revealed that its platform aims to provide not only intuitive investing tools but also the education and resources to do it responsibly. Based in Amsterdam, the company recently secured an $80 million (€67 million) investment in a funding round. BUX highlighted that it has noticed a growing appetite across Europe for simpler ways to…
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Sandeep Pahwa, who has been the face of South-East Asia banking at Barclays for over ten years, will be passing the baton on to Tay. Pahwa is still, however, set to stay at the firm, serving as vice-chairman and head of Asia-Pacific client coverage for Barclays. Vanessa Koo, head of banking for Asia-Pacific and Greater…
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Benjamin Boulter commented: With the growth in market share that BlackBull Markets has seen this past year, I definitely have my work cut out for me. Scalability for BlackBull Markets will be a major focus of mine, in addition to optimising internal processes. The goal is to ensure that BlackBull Markets continues to maintain the…
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Behdad Eghbali, Founder and Managing Partner, and James Pade, Partner and Managing Director, at Clearlake, said: Data management is critical for investment managers, which have come to rely on Confluence’s advanced software and data suite. We see an opportunity in this fragmented market to execute on our buy-and-build strategy and deliver value to customers and…
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GOLD Gold gained approximately 1% during early Friday trading, following a slowdown in dollar gains, however the precious metal is still on track for the worst weekly performance since March 2020. With investors pricing in the adoption of a more hawkish stance from the Fed, the dollar will be likely to remain supported, at least…
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The biggest difference between cryptocurrencies which function via decentralised systems and digital currencies run via central banks would be the fact that those from central banks would have the ability to pay out money to individuals on a direct basis, as the coins would be issued, backed and operated by domestic national banks. This would…
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Research published by the Financial Conduct Authority (FCA) reveals that 2.3 million adults now have cryptoassets. The number is 1.9 million higher than last year. The research estimates that 78% of people have heard of cryptocurrencies while last year it was 73%. The UK regulator’s analysis shows that as holding crypto has become commonplace, the attitudes toward…
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Any institutional traders who utilise FXall will have the ability to ascertain exactly which of their trades should be cleared, a decision which could be determined by the currency pair, the account they are trading for, or even the liquidity provider. Trades are designed to be routed through to LCH via FXall’s post-trade processing platform,…
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Sanoke Viswanathan, head of JPMorgan’s international consumer business, said in the statement: We are building Chase in the U.K. from scratch using the very latest technology and putting the customer’s experience at the heart of our offering, principles that Nutmeg shares with us. The Financial Times reported that JPMorgan approached Nutmeg while the wealth management…
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