Category: Forex

May 07, 2020 BY Steffy Bogdanova

FXCubic joins SquaredFinancial’s list of FinTech suppliers

FXCubic provides institutional and retail brokers with bridging solutions, price aggregation, connectivity tools and risk management automation software globally. The London-based fintech company aims to desig robust and flexible technology. Ege Kozan, Chief Executive Officer at FXCubic, said: We are delighted to welcome SquaredFinancial to our ever-growing portfolio of clients. At FXCubic, we are determined…

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Qontigo launches a family of ESG-screened indices
May 07, 2020 BY Steffy Bogdanova

Qontigo expands the STOXX Factor Index suite to include ESG-screened indices

Holger Wohlenberg, Chief Business Officer of Qontigo commented: Built with our institutional factor expertise and ESG-screened index construction rules, these indices offer a new tool to help factor investors achieve their sustainable investing strategies. We are pleased to offer these alongside the recently launched STOXX Factor Indices as two, parallel families with the highest precision…

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ASIC office
May 06, 2020 BY Steffy Bogdanova

ASIC analysis reports greater market risks for retail investors

ASIC’s analysis revealed that during the focus period, on over two thirds of the days on which retail investors were net buyers, their share prices declined the following day. When retail investors were net sellers, their share prices more likely increased the next day. The analysis also observes sharp increase in the number of new…

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May 06, 2020 BY Steffy Bogdanova

Refinitiv and Stellan Capital team up for customised open data platform

Refinitiv’s wealth management team will leverage its data, market insights and its Eikon solution to build a customised platform that integrates Stellan’s main technological requirements such as global access to market data, content and research, with efficient global order execution across more than 30 exchanges. Stellan will also benefit from portfolio analytics, portfolio modelling and…

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Will the US Job figures Shock the Markets?
May 06, 2020 BY Steffy Bogdanova

Will the US Job figures shock the markets?

Based on all announced figures until the moment, it is undoubtedly predicting that the losses of the American labour market in April will be deeper than what was recorded in the 2008 crisis, and we can estimate those losses by about 26 million jobs, which raises the unemployment rate to 20%, while opinion polls show…

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BidFX
May 06, 2020 BY Steffy Bogdanova

BidFX adds ICBC Standard as new liquidity provider

BidFX Head of EMEA Sales, Roger Lee, commented: As the latest BIS survey on FX indicates, currencies of emerging market economies (EMEs) are gaining market share, reaching 25% of overall global turnover. To that extent, it has become increasingly evident that electronic provision of EM liquidity, both deliverable and non-deliverable (NDF), has become a must.…

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May 05, 2020 BY Steffy Bogdanova

HSBC to buy out HSBC Life Insurance Company joint venture partner

Noel Quinn, HSBC’s Group Chief Executive, commented: Despite the current difficult environment engendered by the Covid-19 pandemic, we continue to take steps to implement our growth strategy. This transaction supports our ambition to accelerate growth within our Asian franchise, particularly in the dynamic and fast-growing Greater Bay Area, where we fully intend to expand in…

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