Advanced Markets' EXPO brings the investor and asset management communities together. The event will be held online on October 28th and 29th, to discuss the logistics of fund set up, technology solutions for hedge funds and the optimization of currency strategies. An “FX Fund Investor Pitch Challenge” will be a part of the even and…
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The suspension will last for 10 weeks and give Ballas enough time to put in place adequate compensation arrangements. This will also provide Ballast with an opportunity to identify and appoint an appropriately qualified and experienced responsible manager following the resignation of its previous responsible manager. ASIC may consider cancelling Ballast’s licence if the company…
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What to watch UnitedHealth Group: Third-quarter corporate earnings season continues today, with US health insurer UnitedHealth the largest company up to bat. The company’s share price is up 12.7% in 2020, pushing its market cap past the $300bn mark. Last quarter, the company cautioned investors that a boost from lower patient care costs as a…
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Wallet S1 comes in a small portable size and it is easy to sue. Users can synchronize their laptop or mobile device with its fingerprint functionality, with the hardware wallet to authorize transactions just with their fingerprint. Marie Tatibouet, CMO at Gate.io commented: Wallet S1 highly secure. The private key is locked in the hardware…
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GOLD The greenback’s recovery has curbed gold’s rebound. In fact, gold’s decline was even steeper proportionally than the dollar’s recovery, highlighting the difficulty for bullion to climb above and even to hold onto the key level of $1,920. This area, first reached in 2011 and now for almost a decade the record high for gold,…
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Ian Johnson, Chief Executive Officer of Britannia Global Markets commented: With Broadridge as our partner, we will have a firm foundation for growth as we expand our securities business and deliver continued value to our clients. Broadridge’s solution, backed by its high service standards and capital markets expertise, will help advance our operational efficiency and…
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Eurex Repo posted 19.9% MoM rise in GC Pooling, however Repo markets dell by 1.3% MoM. At the EEX, electricity was up 22.7% MoM for September 2020, gas rose 10.3% and emissions trading increased by 95.8%. Sep-20 Aug-20 Change Financial derivatives: Traded contracts Eurex Exchange European equity index derivatives (million) 87.7 45.4 93.17% European interest…
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Under the SURE programme €87.4 billion of loans will be provided to 16 EU member states. The programme aims to help finance increased national expenditure on short-term work schemes and other similar measures. Similarly, LCH SA will back and clear the upcoming Next Generation EU Bonds. Christophe Hémon, CEO, LCH SA, commented: The Covid-19 pandemic…
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Stephane Treny, commented: Now, more than ever, the need for voice execution is apparent, especially when dealing with big sizes or sensitive currency pairs. Outsourcing voice execution brings greater flexibility by personalizing the way deals are executed. It also facilitates interactions and discussions about market trends, market views and trade ideas, such as: We are…
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What to watch: Johnson & Johnson: Consumer goods and medical giant Johnson & Johnson reports its third-quarter earnings today; the state of its now disrupted vaccine trial is likely to be a point of interest. On the firm’s Q2 earnings call in July, management told investors that the firm is working to build its manufacturing…
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