Ed Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer said: We are pleased to build upon our innovative and successful partnership with BIDS Trading, which began with the 2016 launch of Cboe LIS, now one of the largest European equities block trading platforms. The acquisition complements our US equities trading business by expanding…
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GOLD The countdown clock is running down quickly with both Brexit and the US election getting ever closer to an end (at least for US elections). Despite this, we are not yet seeing risk aversion on the markets with stocks continuing the rebound started on Friday. Bullion has also started the new week in green…
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UPS currently has a market capitalization of $146 billion with revenues in excess of $77 billion and profits of approximately $7 billion. With the emergence of working from home and increased online shopping, delivery companies like UPS have seen business grow. The company’s stock is up 44.51% this year and hasn’t been negatively affected by…
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Michael Rude, Head of Go-to-Market at Crux, said: We are pleased to add BMLL to our ecosystem of more than 100 data providers. The granularity of data, covering the full depth of the order book, is a unique addition to the financial markets data available to our clients via our platform. We look forward to…
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What to watch BNY Mellon: Continuing the run of earnings reports this week from major US banks, Bank of New York Mellon delivers its own quarterly earnings update on Friday. The company is down 26% year-to-date, behind the broader financial sector’s 18.9% drop but ahead of the 34.5% loss suffered by banks specifically. In recent…
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Jimmy Ye, Co-Director of ACY Securities said that ACY Securities commented: The ATC has been bringing people together and providing a uniquely thrilling experience through the magnificent sport of horseracing for over 150 years. Their events are a source of inspiration and excitement and we are proud to be their Official Trading Partner. The Everest…
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GOLD After yesterday’s sell off on European stock markets, gold is remaining steady just above $1,900. Rising figures of Covid-19 infections are increasing fears of more lockdowns with all the related consequences. In other words, the impending need for more monetary stimulus to mitigate the impact of the coronavirus-induced crisis is keeping investors’ gold appetite…
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Hashtacs and Swiss private bank EFG are developing a blockchain platform in a project funded by the Monetary Authority of Singapore’s (MAS) Financial Sector Technology & Innovation (FSTI) proof-of-concept grant. The platform is called “Project Nathan” and uses distributed ledger technology (DLT) to automate and manage the entire lifecycle of a structured product. Advanced Markets Group,…
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Buek started working in Vanguard back in 1987 and joined the equity trading desk in 1991. He was essential in the management of the Vanguard S&P 500 Index Fund between 1991 and 2016 before taking the role as head of US trading in 2016. Maack joined the company in 2002 and in 2004 he moved…
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What to watch Intuitive Surgical: Medical robotics firm Intuitive Surgical’s stock has gained 27% this year, despite Covid-19 disrupting large numbers of medical procedures. The company delivers its latest quarterly earnings update today, where the volume of procedures amid a resurgence in Covid-19 case numbers in several states across the US. Investors will also be…
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