Search Results for: Global Markets
Bats Europe announced the successful buy-side focused launch of Bats LIS
March 21st, 2017
Buy-side Firms Now Have Access to Bats LIS, Powered by BIDS Technology Bats LIS reports record weekly volume of €114.8 million for week ending 17 March Also reports record one-day volume of €36.5 million on 16 March Bats Europe, ...
Euronext and Morningstar collaborate in European Indices and Derivatives launch
March 21st, 2017
Strategic collaboration between the eurozone’s leading pan-European exchange and the leading global provider of independent investment research Launch of a new range of Morningstar European indices and associated instruments, traded on Euronext Offer to make available benchmark indices and ...
Saxo Bank published full year results for 2016; Operating income increased
March 20th, 2017
Saxo Bank Group publishes its 2016 full year results. The operating income for the Group in 2016 was DKK 2.9 billion up from DKK 2.1 billion in 2015. Clients’ collateral deposits grew to new historic highs with an increase ...
Oil prices drop on rise in U.S. drilling
March 20th, 2017
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 percent, below their last settlement ...
UK Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs – Brexit
March 17th, 2017
Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs in post-Brexit Britain and claim that British workers do not lose out to EU migrant labour. But they agree that the UK Government, not the ...
Bank of England announced Bank Rate held at 0.25%
March 17th, 2017
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 March 2017, the Committee voted ...
Mergers faced greater scrutiny in 2016, magic circle firm reports
March 16th, 2017
Magic circle firm Clifford Chance has said it is becoming increasingly difficult to push through mergers in concentrated markets where there are few big players, particularly in the EU. The firm said that jurisdictions, including the EU, are claiming ...
ANZ, Westpac admit breaches in forex trading
March 16th, 2017
ANZ and Westpac have followed rivals and yielded to the corporate regulator’s investigation into banks’ foreign exchange businesses, agreeing to oversight and changes after traders shared confidential client information and traded to benefit themselves. A week after the banks’ ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
Hedge funds extend ag selling – and ‘scope for more sales’ in grains
March 14th, 2017
Hedge funds cut their net long position in agricultural commodities for a third week, but not by enough, in grains, to fend off fears of a further selldown, with latest bearish positioning focused on sugar instead. Managed money, a ...
