Category: Forex

new hire, appointment
February 26, 2021 BY Steffy Bogdanova

ESMA appoints Annemie Rombouts as chair of CRSC

The appointment is for term of one year and will run until February 2022. In her new role, Rombouts will be responsible of monitoring of regulatory developments as well as establishing appropriate supervisory convergence on issues relating to accounting (under International Financial Reporting Standards – IFRS), periodic financial reporting, non-financial reporting, electronic reporting developments and…

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Refinitiv
February 25, 2021 BY Steffy Bogdanova

Refinitiv launches Order Splitting on its FXall trading platform

With the greater flexibility Refinitiv’s solution offers, traders can split an order into multiple smaller orders that can be traded using the execution methods most likely to minimize market impact and reduce spread costs  - whether traditional request-for-quote or more advanced algorithmic strategies. Jill Sigelbaum, head of Refinitiv FXall commented: The flexibility of a trader’s…

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Tabula becomes 27th ETF issuer on the Swiss Stock Exchange
February 25, 2021 BY Steffy Bogdanova

Tabula becomes 27th ETF issuer on the Swiss Stock Exchange

Christian Reuss, Head SIX Swiss Exchange in the Business Unit Markets of SIX, said: A warm welcome to Tabula as a new ETF issuer on our platform. Investors now have a choice of 1,538 ETFs, including more than 400 fixed income products. The Swiss Stock Exchange was one of the first European exchanges to launch a…

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saxo bank revenues
February 25, 2021 BY Steffy Bogdanova

Saxo Bank reports 2020 net profit of DKK 750 million

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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daily market analysis
February 24, 2021 BY Steffy Bogdanova

Daily market commentary: The pound continues to gain ground against the dollar and the euro

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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SIX enhances ESG offering with investment in Ordena Software Solutions
February 23, 2021 BY Steffy Bogdanova

SIX invests in Ordena Software Solutions and enhances ESG offering

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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partnership
February 23, 2021 BY Steffy Bogdanova

New York-based energy futures group joins Marex Spectron

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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partnership
February 23, 2021 BY Steffy Bogdanova

Broadridge and The Bancorp launch Wealth Lending Network

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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