Kim Fournais, CEO and Founder of Saxo Bank, commented: As we look back on 2020, we are both humbled and proud that we were able to reach new heights for Saxo Bank, welcoming a record number of more than 238,000 new trading clients. We now see the results of our strategic decisions to further broaden…
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EUROPEAN SHARES Most European equities continued their consolidation on Wednesday in contrast to extended losses in the Asian session overnight. Fed Chairman Jerome Powell tried to “reassure” investors yesterday saying the economic recovery still has a long way to go with dovish policies remaining in place as long as necessary. Investors don’t seem to be…
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The new policy grants immunity to the first individual who satisfies the immunity criteria and reports the misconduct to ASIC before an investigation has started. ASIC still encourages individuals who do not meet the criteria to cooperate and they will be given due credit. The regulator will not grant immunity from any administrative or compensation…
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Marion Leslie, Head Financial Information & member of Executive Board, SIX, highlighted: With Orenda we have found the right partner with unique expertise in alternative data sets, data science and ESG. As we bring our capabilities and the expertise of our teams together, we see a lot of opportunities to build new propositions supporting the…
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Vittal commented: We’re delighted to welcome this talented execution and clearing team with decades of experience in exchange-traded energy markets. We have been steadily growing our presence and expertise in North America to enhance our offering to clients globally. We fully expect that the Energy Futures group will further strengthen our comprehensive capabilities in this…
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The new Broadridge Wealth Lending Network hopes to extend existing lending models and in turn enable financial institutions to offer advanced SBL to their clients on a turnkey basis. This function will work to serve institutions such as independent broker dealers, financial advisors and RIAs. Jeff Hazelwood, Managing Director of Institutional Banking Solutions at The…
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EUROPEAN SHARES European equities opened mixed on Tuesday, with French and Italian shares trading slightly higher while benchmarks from Germany, Denmark and the Netherlands underperformed. The “wait and see” trading stance continues in investors’ minds ahead of key data from both Europe and the US today with inflation levels at the centre of every economic…
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Service disruptions during a short period of frantic trading have been attributed to Reddit users, particularly its WallStreetBets group, who are said to have inflated the price of GameStop stocks in order to punish the hedge fund’s betting against it. This phenomenon saw IG Group and other brokers having to suspend new client registrations, while…
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The obvious pivot point on this chart is the 100% weekly Fibonacci retracement area, i.e. complete retracement of all the euro’s gains in March 2020. A clear breakout below $1.655 might trigger another leg down over the next few weeks. On the other hand, with price having been generally oversold or close to it for…
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Hisham Mansour and Eduardo Fakhoury, the founders and managing directors at CFI Financial Group, said: The partnership with Georges and CFI is an ideal move that will not only spread the CFI name further but also introduce different concepts to the masses including the importance of investing, financial literacy and risk management. Mr. Georges’ appeal…
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