Category: Forex

Swiss Stock Exchange adds Exane Solutions (Luxembourg) SA as new structured product issuer

January 26, 2021 BY Steffy Bogdanova

Exane Solutions (Luxembourg) SA joins SIX as new structured product issuer

Christian Reuss, Head SIX Swiss Exchange, Markets, SIX commented: We are pleased to welcome Exane as a long-standing provider of innovative structured products among our issuers. By listing their products on our exchange they are offering investors an additional diversification opportunity. Julien Morizot, Head of Exane Derivatives Sales expressed his added: We have chosen to…

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Playtech

January 26, 2021 BY Steffy Bogdanova

Management Consortium to buy Finalto from Playtech for $200 million

The Israel-based gaming company’s filling with the London Stock Exchange stated that the consortium is making an offer of $200 million. Of that amount, $170 million will be payable on completion and around $110 million of the capital required to run the division will be transferred with the unit upon any sale. Playtech’s financial division…

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SquaredFinancial adds MetaTrader 5 with futures and shares support

January 25, 2021 BY Steffy Bogdanova

SquaredFinancial adds MetaTrader 5 with futures and shares support

The addition of the MetaTrader 5 platform happens at the same time as the introduction of futures and shares to the products available for traders. The new trading options include VIX, Gold, Brent and WTI as well as single stock shares from Louis Vuitton to Amazon. Al Kurdi added: As with all our new products,…

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January 25, 2021 BY Steffy Bogdanova

Weekly forex data: fiscal stimulus and the Fed take centre stage

From a technical point of view, the time appears to have come for another leg up by AUD. The consolidation for the past two weeks has taken price out of overbought and brought it close to the 38.2% area of the weekly Fibonacci fan. Volume remains relatively low, though, so waiting for a key event…

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daily market analysis

January 25, 2021 BY Steffy Bogdanova

Daily market commentary: Investors torn between hopes of monetary aid and a deteriorating pandemic

OIL Uncertainty is dominating early trading, after a weekend which showed that vaccines are proceeding slowly. Meanwhile, indices are trying a difficult, and so far inconsistent, rebound. Oil is following stocks and is showing a modest gain, which brought WTI back to the resistance level at $52.70. From a technical point of view, a clear break…

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Brexit

January 25, 2021 BY Steffy Bogdanova

TP ICAP to stop serving some EU clients because of delay in completion of Paris unit

The company said: However, due partly to the extraordinary circumstances relating to the COVID-19 pandemic ... it has not yet been possible to complete the relocation of staff to the EU 27 or the local hiring of brokers in the EU-based offices of TPIE as quickly as originally planned. TP ICAP said it would finish…

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Edgewater Markets: UK offerings expand under FCA licence

January 25, 2021 BY Steffy Bogdanova

Edgewater Markets doubles its volumes in RUB for 2020

Simoes added: Demand has never been higher, with increases already experienced in January, we foresee significant growth for RUB in 2021. A key part of the offering to our regional partners is innovative technology solutions that complement our distribution capabilities, advancing our strategic relationships and technical footprint in the region for 2021. Edgewater Markets has…

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Credit Suisse makes five hires as part of its ESG strategy

January 22, 2021 BY Steffy Bogdanova

Credit Suisse makes five hires as part of its ESG strategy

The new specialists will join the existing ESG team which oversees the development of Credit Suisse’s ESG investment framework. The framework has been built into an ESG hub, serving as a central source of information for the wider bank. Credit Suisse also intends to consolidate its ESG work into one integrated house view, which carries…

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Monex Group develops Sustainable Finance Department

January 22, 2021 BY Steffy Bogdanova

Monex launches Sustainable Finance department and Climate Impact fund

Socially responsible investments following the United Nations Principles for Responsible Investment exceeded $80 trillion in 2018 and Japan’s sustainable investments rose 360% from 2016 to 2018 compared to the global average of 34%. At the G20 Riyadh Summit in November 2020, Prime Minister Yoshihide Suga expressed that his determination to achieve carbon neutrality with virtually…

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daily market analysis

January 22, 2021 BY Steffy Bogdanova

Daily market commentary: European equity markets drifted lower on Friday

EUROPEAN SHARES European equity markets drifted lower on Friday, following a global trend after mounting virus-related fears hit sentiment at the end of the week. The recent market euphoria fed by further stimulus plans and corporate results, peaked on Thursday as Joe Biden’s inauguration as President pushed US markets to record highs. Following that it…

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