In January 2021, the average daily traded volume submitted to CLS was $1.92 trillion, rising 9% month-over-month from $1.76 trillion in December 2020. Worked out across a yearly timetable, the figure can be seen to be up 8.5% relative to January 2020’s figure of $1.77 trillion. According to CLS’s Head of Information Services, Masami Johnstone,…
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Samy Debbah, Head of Dealing Desk at Lyxor Intermediation stated: Integrating a new EMS in our complex workflow is never easy but with FlexNOW we have replaced our old solutions and greatly improved the efficiency and operational safety of our workflows, especially when working with larger baskets. The Team’s ability to quickly respond to feedback has been impressive,…
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GOLD Despite the weakness of the greenback, bullion is showing little strength and is continuing a slow dance around $1,820/oz. This lack of energy in the rebound is due to the permanent "risk on" scenario dominating stock markets. As a result, the price was unable to rebound and attack the first significant resistance at $1,845-$1,850.…
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Oliver Rowland, Nissan e.dams Formula E driver commented: My career to date has been reliant on skill, hard work, determination and a natural given ability to go fast. With these core values and gifts, I’ve been lucky enough to race in one of the leading motorsport series on the planet and successfully too. That being…
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More than 71% of the total monthly traded volume was recorded in Prime XM Data Center in London LD4 – $633.66 billion in notional value. The Data Center in New York (NY4 and Japan (JP3) registered a monthly trading volume of $128.23 billion and $121.37 billion, respectively. XAUUSD remained consistent as the most popular instrument…
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The downtrend for EURGBP continues to be very strong from a technical perspective, with clearer spaces forming between the 50, 100 and 200 SMAs and price extending below the 38.2% area of the weekly Fibonacci fan. Oversold is an important concern for new sellers here, though, with the slow stochastic (15, 5, 5) having displayed…
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In September 2018, Novelli and Karofsky became Co-Presidents of the firm, Karofsky having joined UBS leading the equities business globally back in 2014. Robert Karofsky then went on to leverage his market experience by leading the Investment Bank’s digital transformation efforts. Karofsky and Novelli’s partnership has proven fruitful for UBS. Together they reshaped the Investment…
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OIL Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode. This, in conjunction with the huge liquidity injected by central banks, is pulling up stock markets. This positivity is also impacting oil, with both the main benchmarks recently climbing to their highest in 12 months, including WTI breaking through the…
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Prior to that, he has worked as Head of European M&A and Head of European Industrials for Merrill Lynch. He has advised corporate boards on many large-scale M&A transactions across all sectors and geographic areas. In his career, he has advised many large Italian corporations. Euronext plans to close its 4.3 billion euro ($5.22 billion)…
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Multi-asset broker Exness will be taking part in the iFEX virtual expo on the 10th and 11th of February as a strategic sponsor. The first financial virtual expo in the MENA region will attract attendees from leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive…
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