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…
Read more
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…
Read more
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…
Read more
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,…
Read more
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…
Read more
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…
Read more
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,…
Read more
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…
Read more
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…
Read more
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…
Read more