Daily market commentary: The pound is almost flat against both the dollar and the euro LeapRate

October 15, 2020 BY Steffy Bogdanova

Daily market commentary: The pound is almost flat against both the dollar and the euro

EUROPEAN SHARES European stocks drifted significantly lower at the opening bell on Thursday alongside Asian markets and US Futures, with benchmarks now heading for a third bearish trading session in a row. This sudden change in investors‘ trading stance took place after the first slew of earning reports fell short of global expectations. This is…

October 15, 2020 BY Steffy Bogdanova

RELX appoints June Felix as a Non-Executive Director

Sir Anthony Habgood, Chairman at RELX commented: I would like to welcome June to RELX. She brings considerable relevant strategic and operational experience acquired from her current and previous roles including a deep understanding of the financial services sector, technology and healthcare. She also brings strong international experience, having lived and worked in Hong Kong,…

October 15, 2020 BY Steffy Bogdanova

Advanced Markets to host the FX Hedge Fund Expo

Advanced Markets' EXPO brings the investor and asset management communities together. The event will be held online on October 28th and 29th, to discuss the logistics of fund set up, technology solutions for hedge funds and the optimization of currency strategies. An “FX Fund Investor Pitch Challenge” will be a part of the even and…

October 14, 2020 BY Steffy Bogdanova

Daily Market News: Chinese markets hit record high after US falls back on big bank earnings

What to watch UnitedHealth Group: Third-quarter corporate earnings season continues today, with US health insurer UnitedHealth the largest company up to bat. The company’s share price is up 12.7% in 2020, pushing its market cap past the $300bn mark. Last quarter, the company cautioned investors that a boost from lower patient care costs as a…

October 14, 2020 BY Steffy Bogdanova

Daily market commentary: The greenback’s recovery has curbed gold’s rebound

GOLD The greenback’s recovery has curbed gold’s rebound. In fact, gold’s decline was even steeper proportionally than the dollar’s recovery, highlighting the difficulty for bullion to climb above and even to hold onto the key level of $1,920. This area, first reached in 2011 and now for almost a decade the record high for gold,…

October 14, 2020 BY Steffy Bogdanova

Broadridge to streamline Britannia Global Markets’ international post-trade security operations

Ian Johnson, Chief Executive Officer of Britannia Global Markets commented: With Broadridge as our partner, we will have a firm foundation for growth as we expand our securities business and deliver continued value to our clients. Broadridge’s solution, backed by its high service standards and capital markets expertise, will help advance our operational efficiency and…

October 14, 2020 BY Steffy Bogdanova

LCH SA to support EU’s SURE program by clearing bonds

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…

October 13, 2020 BY Steffy Bogdanova

Industry veteran Stephane Treny joins Equiti Capital FX desk

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…

October 13, 2020 BY Steffy Bogdanova

Daily Market News: Tech stocks surge to start week, boosted by derivatives trading

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…

October 13, 2020 BY Steffy Bogdanova

ATFX adds a new payment solution - Truevo Credit Card

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…

Category: Forex

Daily market commentary: The pound is almost flat against both the dollar and the euro

RELX appoints June Felix as a Non-Executive Director

Advanced Markets to host the FX Hedge Fund Expo

Daily Market News: Chinese markets hit record high after US falls back on big bank earnings

Daily market commentary: The greenback’s recovery has curbed gold’s rebound

Broadridge to streamline Britannia Global Markets’ international post-trade security operations

LCH SA to support EU’s SURE program by clearing bonds

Industry veteran Stephane Treny joins Equiti Capital FX desk

Daily Market News: Tech stocks surge to start week, boosted by derivatives trading

ATFX adds a new payment solution - Truevo Credit Card

JPMorgan Fined by FINRA, Ordered to Pay Over $2 Million

Euroclear Unveils Plan to Establish a ‘True Single Market for Post-Trade Services’

Corpay Launches Corpay Complete Platform in the UK

FINRA Fines Cantor Fitzgerald for Regulation Notification Failures

Deutsche Börse’s Eurex Announces Launch of Futures on the MSCI Korea Index