EUROPEAN SHARES The stock market showed signs of slowing down in Europe on Thursday, despite a bullish correction in Chinese tech shares overnight, as the initial enthusiasm over a vaccine starts to wane. The worsening virus situation in many hotspots is weighing on market sentiment as it sparks fears of tougher containment measures that could…
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The Team Tom Robinson has been named Partner & Head of Sales. He joins United Fintech from Jefferies where he served as Managing Director and Head of e-FX Sales. Robinson’s career includes almost a decade at Goldman Sachs as Managing Director and Global Head of e-FX Sales. He has also held sales roles at Barclays…
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Ian Lowitt, Chief Executive of Marex Spectron, commented: XFA is a very exciting addition to our business. This acquisition will be an important building block in our plans to expand in North America, which is our fastest growing region. XFA is an exceptional fit, adding new products to our service offering. The acquisition creates opportunities…
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Where is blockchain used? Blockchain is still primarily used for powering cryptocurrencies, such as Bitcoin. The blockchain is a ledger, or log, of every Bitcoin or other crypto transaction ever made and users on the network collaborate to verify new transactions when they occur - an enterprise known as "Bitcoin mining". It has long been…
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Unlike CFDs on Stocks, which are not directly hedged in the underlying physical market, CFDs on DMA Stocks allow market participants to trade directly on the live prices of hundreds of brands such as Amazon, Apple and Microsoft. Featuring low market commissions, BDSwiss’ new DMA stock range also enables traders to benefit from dividends paid…
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What to watch Air Products and Chemicals: Gas and chemicals company Air Products & Chemicals has added 31.9% to its share price in 2020 so far, as the necessity of its products has offered it protection against the Covid-19 pandemic. This week, the firm said that it plans to launch a new liquid hydrogen production…
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Alexia Kokkinou, Client Success Manager, Point Nine, noted At Point Nine, we use our in-house proprietary technology to provide an in-class solution to all customers and their regulatory reporting requirements. We are pleased to extend this service to oneZero clients by joining the oneZero EcoSystem. Helen Bevis, Head of Strategic Partnerships, SteelEye, added: SteelEye is…
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OIL The good times for oil are continuing with risk on is still dominating. There is widespread optimism on markets even if in early trading today we have seen some investors taking profit after the large gains of the last few days. Investors are now seeing Covid-19 matter as something that won’t affect global oil…
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Strawbridge’s appointment to Options’ management team is the latest in a series of key hires globally. Options also announced earlier this year a significant investment from Boston-based Abry Partners. Options’ President and CEO, Danny Moore, said: Options has experienced a period of exponential growth on our platform over the past year, including double-digit growth across…
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Eurex Repo posted 45.9% MoM rise in GC Pooling, however Repo markets fell by 5.7% MoM. At the EEX, Global Power was up 17.2% MoM for October 2020, Global Gas rose 17.3% MoM and emissions trading increased by 1.4% MoM. Oct-20 Sep-20 MoM Change Financial derivatives: Traded contracts Eurex Exchange European equity index derivatives (million)…
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