Category: Forex

April 05, 2022 BY Steffy Bogdanova

Daily market commentary: European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris

European shares European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris as investors struggle to assess the impact of different major market drivers. Risk appetite remains resilient as technical supports are preventing stock benchmarks from drifting even lower while cash continues to rotate from safety to…

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April 05, 2022 BY Steffy Bogdanova

Marex opens a Minneapolis office

Minneapolis office The company’s new Minneapolis office will serve as a launch pad for further expansion of its listed and OTC offerings, including structured products. Marex Solutions, the OTC arm of the company, will introduce a new North American OTC dairy business out of this hub. Hofstad will lead the new business as a complement…

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April 04, 2022 BY Steffy Bogdanova

Weekly data: trade around the world

Key data this week Bold indicates the most important releases for this symbol. Tuesday 5 April from 4:30 GMT: statement and press conference of the Reserve Bank of Australia 12:30 GMT: American balance of trade (February) - consensus negative $88.5 billion, previous negative $89.7 billion 14:00 GMT: ISM non-manufacturing PMI (March) - consensus 58.4, previous…

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Sberbank Russia
April 04, 2022 BY Steffy Bogdanova

Russia's Sberbank winds down London operations

The UK regulator has appointed David Philip Soden, Robert Scott Fishman and Matthew Steven Roe, all of Teneo Financial Advisory Limited, as joint special administrators of Sberbank CIB. The special administration is a form of creditor protection that often precedes bankruptcy. The FCA said in a statement that the sanctions have led Sberbank's investment arm…

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FXSpotStream
April 01, 2022 BY Steffy Bogdanova

FXSpotStream sets a new record with $70.1 billion ADV in March

FXSpotStream’s overall volume reached $1.613 trillion, up 28.24% YoY increase compared to the same period last year. The March ADV numbers are based on 23 trading days. The company also noted that last month completes the highest volume quarter in its history. In first quarter of 2022, FXSpotStream recorded $3.988trillion, with a Q1 ADV of…

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smartTrade strengthens Executive Leadership Team with new appointments
March 31, 2022 BY Steffy Bogdanova

smartTrade makes new appointments to strengthen Executive Leadership Team

Renaud Kerspern In his new role as CFO, Renaud Kerspern will oversee the Group’s financial, legal and administrative functions. Kerspern has significant experience in capital markets and privately-backed SaaS businesses in the enterprise software arena. He has a career spanning 25 during which he has been instrumental in building robust finance functions across multiple jurisdictions…

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March 31, 2022 BY Steffy Bogdanova

Broadridge hires Mike Sleightholme to lead its Asset Management Solutions Business

Mike Sleightholme, President of Broadridge Asset Management Solutions, added: Broadridge’s investments in emerging technologies like blockchain and AI, and its focus on digitizing operations for investment management clients were key reasons I was drawn to the role. I look forward to working with clients to help them achieve their goals, and to facilitating the next…

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BIS Innovation Hub and MAS develop prototype supervisory analytics platform
March 31, 2022 BY Steffy Bogdanova

BIS Innovation Hub and MAS build "Project Ellipse" - a prototype supervisory analytics platform

Ross Leckow, Acting Head of the BIS Innovation Hub, said: Regulators need accurate and timely information to assess emerging risks and to make informed supervisory decisions. Project Ellipse has now developed a potential tool for the global regulatory community to further explore and collaborate on common solutions that can improve the data and analytical capabilities…

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