OIL Fears over the new variants of Covid-19 have caused the trading week to get off to a weak start. Indices are showing some moderate declines amid a more risk off stance. This, of course, is not the best scenario for oil, which started the European trading session showing a fractional decline after the fall…
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Samir Pandiri, President of Broadridge International commented: Clients are facing an extraordinarily complex operating environment and David’s deep industry and regional knowledge are key assets as Broadridge helps clients adopt and apply next-generation technologies to drive business. We are very excited to have David join Broadridge as we expand our regional capabilities and we look…
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CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…
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Galinov continued: We look forward to benefitting from Julie's strategic marketing skills, extensive contacts and business building insights as we work to enhance 24 Exchange's position as one of the world's leading FX brands. Most recently, Ros established and provided strategic counsel to Foreign Exchange Professionals Association (FXPA), a trade association that represents the $6.6…
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Further to this, Alfa-Bank and FAB are the first in their respective domiciles of Russia and the UAE to join CLSNet. This highlights the growing capabilities of CLSNet to include a broader segment of the global FX market community. Keith Tippell, Global Head of Product, CLS, commented: The addition of these emerging market leaders demonstrates…
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Ashley King, Head of Treasury at Arbuthnot Latham commented: We were seeking a best-in-class vendor which offered a sophisticated back end and good connectivity with our existing systems, with the aim of enhancing our offering to private clients as well as meeting the more complex needs of our commercial clients. smartTrade understood the client experience…
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The approval of the acquisition brings a lengthy regulatory review of the deal, which will see Refinitiv owner Blackstone take a stake in LSE and will clear the way for a major new rival to Bloomberg. The authorities have been concerned that the acquisition would give the London bourse too much market data control, enabling…
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OIL No news is good news: this old motto describes the current situation on financial markets. Despite tragic figures coming from Covid-19, markets are set in a bullish limbo with the main environment firmly risk on. In this scenario, oil benchmarks are consolidating after the recent gains, which pulled up prices to their highest level since…
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Swissquote provides financial services to retail and institutional traders, offering a range from trading with forex to CFS to stock and cryptocurrency CFDs. The company revised its outlook for the year for a second time. The first time was in August, when Swissquote posted its first half of the year results. Swissquote reported operating revenues…
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Lucas Olmedo, CEO of Fligoo commented: We’re excited to leverage Broadridge’s extensive wealth management expertise, insights and data to develop software that can create genuine innovation in the wealth management industry. We have condensed the expertise acquired on hundreds of use cases in multiple industries into a product that has the power to augment the…
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