The small and medium-sized banks under SDC will now be able to cut costs and complexity while providing their clients with broad access to stocks, bonds, mutual funds and ETFs. Commenting on the partnership, Kim Fournais, CEO and Founder of Saxo Bank, said: We are very proud to sign this landmark partnership with a group…
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Darren Boulos, Head of FX Sales and Trading in Asia-Pacific at BNY Mellon said: We've spent the past four years fully integrating and accentuating our global FX capabilities, and this is just the next step in the bank's commitment to the region, specifically to Singapore as the hub of our Asia G10 FX trading. "With…
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FTSE 100 and 250 soar in lock step Both of the UK’s major indices jumped 2.6% on Wednesday, with the FTSE 250 now up 12% over the past month. London-listed stocks remain well behind their US counterparts but have been making solid progress in recent weeks. The gains reflect investor optimism about both the UK…
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Since its establishment back in 2010, the broker has more than doubled in size over the past two years as well as expanded and tailored its product offering into hundreds of new markets. Thanks to our presence in Dubai, Pepperstone can establish even closer ties with our clients in the Middle East. Dubai is a significant global financial hub and…
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Net trading revenue in Q4 FY20 is now estimated to be approximately £259 million (Q4 FY19: £117.9 million), with full year net trading revenue anticipated to be approximately £649 million (FY19: £476.9 million). IG Group will announce its full year results for FY20 on 23 July 2020. Read more: Ben Hemington joins IG Group as…
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The Forwards Matching is regulated by Central Bank or Ireland as part of Refinitiv’s MTF and it fully supports MiFID II execution, monitoring and reporting requirements. Clients can trade FX Swaps on the MTF and FX Spot off the MTF on the Matching platform. Paul Clarke, Head of FX Venues, Refinitiv said: With the move…
Read moreRob Wing of Celer Technologies, said: CMC’s Direct API has integrated with our own technology stack in a seamless manner. Adding a high profile, multi-asset liquidity provider like this to our own infrastructure provides a real benefit for our clients who want to look beyond their core FX offering. As always we look forward to…
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What to watch Campbell Soup: Campbell’s Soup has been one beneficiary of the pandemic, as investors rushed to stock up on canned goods and other cupboard staples. The firm’s share price is up 5.2% year-to-date, and 36.5% over the past 12 months. Investors will be watching for growth in the company’s snacks business, and details…
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OIL Risk-on is still the main story on stocks markets as investors are betting on a quick recovery of economies. This scenario, in conjunction with expectations for an extension of the cut by OPEC, is lifting oil. Moreover, the API released figures yesterday announcing a modest but surprising draw of half million barrels in the…
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Ed Tilly, Chairman, President and Chief Executive Officer of Cboe Global Markets commented: We are constantly engaging with our customers and working with them to develop smart, innovative solutions that address their needs. Adding Trade Alert’s highly-curated information, alerts and messaging to Cboe’s existing Information Solutions offering will help our customers make sense of the…
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