The company said: However, due partly to the extraordinary circumstances relating to the COVID-19 pandemic ... it has not yet been possible to complete the relocation of staff to the EU 27 or the local hiring of brokers in the EU-based offices of TPIE as quickly as originally planned. TP ICAP said it would finish…
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What to watch Coupa Software: California-based tech firm Coupa Software offers business spending management services, which provide companies with visibility into and control over their operations. The firm’s share price has soared in 2020, more than doubling. Coupa’s cloud-based products fit well into the current mass work-from-home environment. Companies facing economic difficulties who want to…
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Contactless payments Cashless and contactless payments have gained popularity recently as fast transactions became important for physical businesses looking to set in place social distancing protocols. Smooth contactless payments can be essential in a potential second wave. Galdikas stated: No-contact payments gained newly-found importance in the context of the pandemic and will remain highly relevant,…
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The US dollar still has a steady position. The Fed has been mobilizing enormous quantities of liquidity, asset purchases and loan programmes to stop the firestorm of contagion, and the USD has returned to its trading range in the period leading up to the crisis. Despite these actions, Saxo Bank does not believe the market…
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AMF wanted to avoid any pro-cyclical influence that the considerable uncertainties and decline in the market may have caused and implemented the unprecedented measure of prohibiting net short positions. Since the ban, markets have partly reduced their losses, trading volumes and volatility levels, although still high, have resumed to more normal positions. The French market’s…
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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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The bank set out to buy unlimited amount of government bonds by abandoning loose guidance to buy them at an annual pace of ¥80 trillion. The statement said: “The BOJ will purchase necessary amounts of government bonds without setting an upper limit.” The bank pledged to buy government bonds and short-term securities to keep the…
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What about those hidden clues that point to Bitcoin’s potential future? Analysts at Cointelegraph have focused on the $7.6 billion that currently is sitting on the sidelines, stored in various stablecoins and just waiting to jump into the fray. Are these funds waiting for the halving event to have its greatest impact on prices or…
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An exchange-traded Bitcoin fund on a major global stock exchange is now a reality at the Toronto Stock Exchange (TSX) in Canada and 3iQ, the asset management firm that stayed the course for three years and which launched the fund this past Thursday. $14 million was invested on that eventful day with more to come…
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Kevin Kelly, Delphi’s lead analyst, noted that Bitcoin’s performance year-over-year had yielded a 40% return, despite its recent fall from grace. He added: “There are a handful of asset classes boasting positive returns this year and crypto is one of them. Bitcoin’s latest rebound pushed its year-to-date return back into the black as investors continue…
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