European Shares European shares plunged on Thursday, erasing yesterday’s gains, after the Federal Reserve disappointed investors yesterday evening. Jerome Powell dented market sentiment at the end of the US trading session yesterday, killing investors’ nascent optimism by announcing the Fed will to do whatever it takes to tame inflation. Of course, the record 75bp rate…
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Shai Popat, the Managing Director of Content & Product Management and Financial Information at SIX, said: Climate is a key component of ESG considerations for businesses, and one that is set to increase in importance as governments and financial institutions navigate the transition to net zero. We welcome this new partnership with Urgentem, the benefits…
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CAPEX.com has made changes to their product categories' operating costs, reducing spreads by up to 90%, and switched from fixed to floating spreads. Madalina Rotaru added: We are excited to witness the next stage for the development of CAPEX MENA. The decision to reduce the trading costs for our clients helped increase the trading volumes…
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RoboMarkets Asia opened its regional headquarters in Malaysia in August 2019 after it secured a Labuan licence for the provision of services to Asian clients. In the official announcement the company highlighted that its business has significantly expanded since then with the acquisition of the licence and the start of RM Investment Bank are the…
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Gold Gold prices hedged up during early Wednesday trading but remained close to the multi-week lows touched during the previous session. The precious metal price has recently been closely linked to that of the US dollar, with which it has a strong inverted correlation, as well as to the behaviour of bond yields; against this…
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The group also detailed that the completion of the deal is a step to simplify its strategy. Playtech shared that it aims to focus on technology-led offering as a pure-play business in the B2B and B2C gambling markets. Meanwhile, Playtech is currently in talks over its acquisition of Gopher’s parent company TTB Partners, group of…
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The potential acquisition offers a number of options for both parties to collaborate. Access to Marex’s global infrastructure and balance sheet will be beneficial to OTCex. And the addition of OTCex will strengthen Marex’s capabilities in Equities and Fixed Income. According to the official press release, the final agreement is expected after consultation with the…
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Themis Christou said on LinkedIn: Goodbye, M4Markets! Almost two years gone so fast! Another brand built with love and care that is now thriving globally. The work we have done in such short time with limited resources is undeniably remarkable. Best of luck M4Markets brand, you are in great hands! Time for me to take…
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Gold Gold prices bounced back from multi-week lows reached during early Asian trading this Tuesday. The precious metal is under pressure from rising bond yields and a strengthening dollar, as the markets react to last week’s release of US inflation, which was the highest in four decades. Investor expectations are shifting to accommodate a more…
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For over 30 years Nexi has been a partner of MTS and Euronext Securities Milan, powering their technology. Following the completion of the deal, Nexi will continue to provide technology services to Euronext under transitional arrangements and other services under related commercial agreements. Renato Martini, Digital Banking & Corporate Solutions Director at Nexi, said: This…
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