Under the SURE programme €87.4 billion of loans will be provided to 16 EU member states. The programme aims to help finance increased national expenditure on short-term work schemes and other similar measures. Similarly, LCH SA will back and clear the upcoming Next Generation EU Bonds. Christophe Hémon, CEO, LCH SA, commented: The Covid-19 pandemic…
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Stephane Treny, commented: Now, more than ever, the need for voice execution is apparent, especially when dealing with big sizes or sensitive currency pairs. Outsourcing voice execution brings greater flexibility by personalizing the way deals are executed. It also facilitates interactions and discussions about market trends, market views and trade ideas, such as: We are…
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What to watch: Johnson & Johnson: Consumer goods and medical giant Johnson & Johnson reports its third-quarter earnings today; the state of its now disrupted vaccine trial is likely to be a point of interest. On the firm’s Q2 earnings call in July, management told investors that the firm is working to build its manufacturing…
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ATFX clients in the eurozone can use their Truevo credit cards to fund their accounts and withdraw their trading profits. In the past, retail traders have found it difficult to trade the financial markets due to funding challenges as they were expensive and time-consuming. The FCA regulated ATFX wants to transform the retail brokerage industry…
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OIL The countdown to the US election is drawing into sharper focus and as the odds of a Biden victory increase (implied probability went up from 65 to 69.2% over the weekend), investors are betting on the likeliest scenarios for oil in the next few years. A Biden victory could see less support for the…
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Pelican Trading Co-Founder and CEO, Mike Read, said: Pelican Trading continues to grow at an unprecedented rate, and we are extremely pleased to have partnered with AvaTrade to provide and integrate our proprietary social trading technology solution. The partnership will allow the leading FX broker’s wider client base to benefit from our unique white label…
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Harpal Sandhu, CEO of Integral commented: We are extremely pleased to welcome Kevin Wilson as a new member of the Integral team. Kevin has a strong track record in strategic business development and excellent industry experience supporting hedge fund and buy-side clients grow their FX business. We have seen a significant uptick of interest from…
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TP ICAP CEO, Nicolas Breteau commented: Acquiring Liquidnet is a unique opportunity to transform TP ICAP’s growth prospects by materially accelerating the execution of our electronification, aggregation, and diversification strategy. Liquidnet is a cash Equities dark/block trading global specialist, with a growing Fixed Income presence. The trading venue provides its buyside clients who exceed 1,000…
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What to watch US corporate earnings season: Third-quarter earnings season kicks off in the US tomorrow, starting as usual with most of the major banks. JPMorgan and Citigroup are among the first to deliver their quarterly reports on Tuesday, along with BlackRock, Delta Air Lines and Johnson & Johnson. Throughout the week, Bank of America,…
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The group has seen a strong momentum in customer growth in the first half of the year and expected uptick in trading from the existing client base that gives the Directors confidence that the results for the second half, traditionally the slightly stronger half, will deliver a material improvement on the first half results. Harry…
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