Wei Qiang Zang, ATFX (UK) Managing Director commented that: The partnership with Trustly shows that we want to make our platform and trading experience as simple and easy as possible. The addition is another route for clients to deposit directly into their trading account from their bank. We believe this will make a real impact…
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easyJet founder attacks airline over £4.5bn plane order, hints at bribery and threatens to sue London-listed small cap stocks partially closed the gap to the UK’s biggest companies yesterday, with the FTSE 250 gaining 5.1% to the FTSE 100’s 3.1%. The FTSE 250 was led higher by double digit gains from constituents including gambling company…
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Ann Neidenbach, Global Head of LSEG Technology stated: We are delighted to have successfully implemented LSEG Technology’s post trade platform for LCH’s EquityClear service, delivering cutting edge risk management tools with zero touch STP and real time processing. The platform is designed to be scalable, highly efficient and resilient. This was a complex project, requiring…
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Eventus’ platform, Validus, in equities, equity options, futures, foreign exchange (FX), fixed income and digital asset markets. Validus addresses the different requirements of each asset class and the differing rules and regulations across multiple jurisdictions. Its users include banks, brokerages, futures commission merchants (FCMs), proprietary trading firms, exchanges, corporates and buy-side firms. During the first…
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Rough week for small-cap UK stocks Small and mid-sized London-listed stocks faced a far tougher week than their large cap counterparts last week, with the FTSE 250 index sinking 4.5% to the FTSE 100’s 1.2% drop. After UK banks were forced to scrap billions in dividend payments, we’ve seen a corresponding impact on company plans…
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The current situation of elevated volatility is reflected very prominently on the chart here. Buying volume increased sharply in the second half of last week and price has now moved into overbought based on both the slow stochastic and Bollinger Bands. There are likely to be short-term opportunities in both directions this week, but buyers…
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OIL Even the best Hollywood movie director would have struggled to imagine the last few days for oil. The dramatic scenario seen last week, with WTI falling below $20 has been followed by a spectacular rebound of 50% in just two trading sessions. This happened when markets realized that the lower price, in conjunction with coronavirus, was…
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Saxo Bank warns that equities face the worse outlook since 2008. The current coronavirus crisis comes just after the US-China trade war put things out of balance and slowed growth. Supply and demand shock come together with oil price war between Russia and Saudi Arabia. The bank expects in the worst-case scenario, that the S&P…
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UK Banks in the spotlight for dragging heels on small business help It was a mixed but relatively flat day for London-listed stocks, with banks again back in the spotlight over concerns that they have been sluggish in issuing emergency business loans to customers under a government scheme launched last week. Late on Thursday, post-market…
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Saxo Bank Group announced lower profit of DKK 40 million net profit this year, but record number of new clients in its 2019 report. Retail FX brokerage group Admiral Markets announced that it has expanded its Premium Analytics portal to include featured trading ideas from Trading Central. Traders can now use Admiral Markets’ Premium Analytics portal to…
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