Forex Weekly Look Back: CMC Markets expands share baskets range, ASIC places new license conditions on SocGen LeapRate

June 19, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: CMC Markets expands share baskets range, ASIC places new license conditions on SocGen

Global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR), announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity,…

June 18, 2020 BY Valentina Kirilova

Daily Market News: Fed chairman Powell warns stimulus withdrawal could jeopardise economic gains

UK inflation sinks to four-year low London markets closed before the American Covid-19 case news drove US-listed shares into the red; the FTSE 100 gained 0.2% on Wednesday, with the FTSE 250 up 0.7%. In economic news, the UK inflation rate slowed to 0.5% in May, its lowest level since mid 2016. One major drag…

May 14, 2020 BY Valentina Kirilova

Daily Market News: Stocks fall after Fed chair Powell gives uncertain outlook

What to watch Brookfield Asset Management: Alternative investments giant Brookfield reports its Q1 2020 earnings today, investors will be looking for insight into how the firm is deploying assets to make opportunistic acquisitions during this volatile period. This week, the firm announced that it is setting up a $5bn fund to take stakes in struggling…

July 12, 2019 BY Valentina Kirilova

Facebook’s Libra must address many concerns per Congressional Hearing

Representative Maxine Waters, a Democratic Congresswoman from California, takes her job seriously as the chair of the House Financial Services Committee. During a grilling session of Fed Chairman Jerome Powell, which happens twice a year, she made it known that she is on personal crusade against Facebook's blockchain token Libra. In a hearing that was…

July 11, 2019 BY Valentina Kirilova

Daily Market News: Federal Reserve comes out in strong support of the financial markets

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 11, 2019. The text below is an excerpt and does not contain the full analysis. As was widely expected, the Federal Reserve came out in strong support of the financial markets yesterday. What wasn't…

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