OIL WTI remains firmly above $70 per barrel, having recovered from the losses suffered at the beginning of the week, when concerns over the spreading of the Delta variant triggered a drop in risk appetite and pushed the price to multi-month lows. The main reason for the recovery may lie in the resolution of the…
Read moreThe statement said: The proposed transaction is largely complementary, and results in a few technically overlapping areas between the companies’ activities relating to trade processing products. The new joint venture will provide trade processing and risk mitigation services for global OTC markets across interest rate, FX, equity and credit asset classes. Business information provider S&P…
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Manish Kedia, designated Chief Executive Officer, MaxxTrader, said: We share SGX’s FX vision to offer buy-side and sell-side clients a wide range of FX products and liquidity across OTC and futures globally. With SGX’s strong focus and investments in FX, we expect to accelerate innovation and deliver exciting new solutions for both our clients and…
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The broker members and their customers benefit from an unbiased 3rd party mediation platform that helps resolve complaints in such cases when parties are unable to directly come to an agreement over disputes. The approved members and their clients trading in CFDs, forex, and cryptocurrency, the Financial Commission helps facilitate a simpler and quicker resolution…
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IG Group also saw new client retention rates staying at similar levels to past years. It does mean that the company lost a more significant number of legacy clients than in past years, but the higher number of new clients covered this shortfall. Profit before tax for the trading platform came in at £450.3 million.…
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Isabelle Girolami, CEO, LCH Ltd, said: I am delighted to welcome Rohit to LCH to lead our team in Asia. Rohit has extensive experience of the derivatives markets in Asia and across the world. Asia Pacific is a region of strategic growth and importance for LCH and I look forward to working with him and…
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GOLD Gold is edging lower during Thursday morning, following a rise in risk appetite in global markets. Investor sentiment rose due to the galvanising effect of strong earnings that boosted global stocks and outweighed lingering uncertainty caused by the advance of the Delta variant. Another factor that may end up weighing down on gold is…
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Tomáš Syrovátka, first vice-president of SK Slavia Prague, said: We are pleased to be joining forces with the world’s leading social investment network and we welcome eToro to the Slavia family as a new general partner of the club. We look forward to working with them and we hope that our partnership will bring us…
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Today, Macrobond delivers instant access to macroeconomic and top-down financial time-series data from over 2,000 sources, including over 36 million high-frequency data sets. Over 4,000 economists, analysts, portfolio managers, quants and strategists across 500 organisations around the globe are able to quickly find, analyse, and visualise relevant data through Macrobond’s analytical tools Over the last…
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Diluted earnings per share were $1.00 for the quarter ended 30 June 2021. During the second quarter of last year, they were $0.40. Earlier this week, Interactive Brokers revealed a new simple stock pricing for European investors. The company also saw customer accounts jump 61% from the same quarter last year to 1.41million. Customer equity…
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