FTSE 100: -1.3% Friday, -23.7% YTD (-0.6% last week) FTSE 250: -1.1% Friday, -28.3% YTD (-1.1% last week) What to watch Keurig Dr Pepper: Keurig Dr Pepper is the firm behind brands including Krispy Kreme, 7Up and Evian. The firm’s share price is down 9.2% year-to-date, meaning it is performing better than the broader market.…
Read more
EUROPEAN SHARES European share markets edged higher on Monday, with investors catching up with last week’s late rally on Wall Street and market sentiment being boosted over the weekend. The main good news came on the virus front after Italy, France and Spain registered significantly lower deaths as well as new cases, which paves the…
Read more
Tradition also reported consolidated adjusted revenue at was CHF 303.5m for Q1, 20% up from the same period in 2019 when it was CHF 263.6m in 2019. The adjusted revenue from interdealer broking business (IDB) marked an increase of 20.1% in constant currencies and the forex trading business for retail investors in Japan (Non-IDB) presented…
Read more
IG Group observed that in the first 36 trading days of Q4, the new OTC leveraged clients, trading for a first time with the firm, were over 22,500. In the first three quarters of FY20 new OTC leveraged clients were 36,000. The firm also revised its guidance regarding operating expenses. Previously, operating expenses, excluding variable…
Read more
Retail performance during the first quarter was affected by the unusually high volatility resulting from conditions and concerns, caused by the coronavirus pandemic. Trailing 3-month direct active accounts grew a record 25% compared to the previous year of 87,349. RPM marked a $231 quarterly record, with average daily volume of $11.7 billion, 52% up from…
Read more
Investors also shrugged them off, with the FTSE 100 led higher by homebuilders. Taylor Wimpey, Barratt Developments and Persimmon were the top three performers in the index, all with daily gains of more than 8%. The surge was prompted by Taylor Wimpey announcing that its order book has grown, with recent cancellations accounting for less…
Read more
Australian brokerage firm Synergy FX, acquired by ACY Securities in 2018, was revived as Synergy Markets, lead by its founder Christian Dove. Synergy Markets opened for clients earlier this week and based on Synergy FX’s good standing in the industry, the rebranded version is expected to do well in the market. FX veteran Christian Dove, who ran the…
Read more
GOLD Gold is steady at $1,728, close to its 8-year-high after new measures were announced by the ECB, which will be finalized in the first week of May. In this new world in which both the ECB and the Fed continue to unleash new stimulus packages, dramatically increasing the liquidity of cash, combined with a…
Read more
Anthony Pereira, Head of Torstone’s Risk Platform, noted: In rapidly changing global markets, risk teams need technology that provides real-time oversight and the capability to answer new questions not captured in their daily batch reports. This comes while operational and compliance costs continue to increase for the industry, putting ever-greater pressures on the firms already…
Read more
EUROPEAN SHARES European stocks had a mixed opening on Thursday ahead of a busy day of releases, including the latest US unemployment figures as well as a new batch of corporate results. Investors welcomed encouraging data on the virus front, especially New York City reporting its lowest death toll since early April while the number…
Read more