Hints and tips:
Related Special Reports
...Millennium Management is in advanced talks to put billions of dollars to work with smaller rival Schonfeld Strategic Advisors, according to people familiar with the situation, in a partnership deal that...
...The US group has moved information that its quantitative researchers use for all markets, including stocks, derivatives, bonds and currencies....
...Clearing houses, which help settle trades, also operate within set hours....
...“We are closely watching forex moves and supply and demand with special caution....
...The Mag 7 value trade Market pundits often talk about the Magnificent Seven big tech stocks as a homogeneous entity. This is a mistake....
...They would also have to manage the currency conversions, he added....
...The search giant also allows ads for cryptocurrency exchanges and wallets, but its rules prohibit ads for initial coin offerings and marketing efforts seen as “otherwise promoting the purchase, sale, or trade...
...They alleged that on Boxing Day of 2017, Phillips directed hundreds of millions of dollars of dollar-rand trades “for the express purpose of artificially driving the [dollar-rand] rate below 12.50”, and...
...“We’re not digital currency experts.”...
...A special relationship also makes for special forex, it seems. The other outlier sterling trades were EUR/GBP and GBP/CAD....
...China: The China Foreign Exchange Trade System & National Interbank Funding Center launches interbank forex trading for Macau’s pataca in currency pairs with the renminbi, US dollar and Hong Kong dollar....
...Like mutual funds, ETFs hold assets — just bitcoin, in this case — but they trade on exchanges like stocks and usually enjoy preferential tax treatment in the US....
...You can find more exotic views, too, like the idea that US trade policy is to blame. We put all these to Karl Schamotta, currency strategist at Corpay, who had yet another explanation....
...The writer is chief executive and chief investment officer of Richard Bernstein Advisors Proof of concept typically means evidence that a design idea is feasible....
...Closer to home, currencies matter too. A 10 per cent slide in the trade-weighted dollar (known as the DXY index) adds roughly 3 per cent to US corporate earnings, note Bank of America strategists....
...Tuesday, Capital One founder and chief executive Richard Fairbank said the bank would submit an application in the next couple of months to the Federal Reserve and the Office of the Comptroller of the Currency...
...The writer is global chief investment officer at State Street Global Advisors Even as inflation eases, the global economy appears resilient and equity markets grind higher, investors need to remain on the...
...“The policymakers need a clear-cut policy direction to attract forex into the economy. What’s happening with the currency lately shows how little confidence there is in the naira.”...
...“I believe US dollar-denominated debt from property developers is no longer a consideration for the PBoC in terms of currency,” Ju Wang, head of greater China forex and rates strategy at BNP Paribas, told...
...Matthew Bartolini, head of SPDR Americas research at State Street Global Advisors, believed the procyclical switch was logical....
...CAB said it does not trade in parallel markets for these currencies and only “buys the CFA franc with local authorised banks.”...
...In Ireland, buying into such company during a spike was dubbed the “eejit trade” after Allied Irish Banks soared on more than one occasion in the decade following the 2008 financial crisis....
...The Financial Times revealed last month it was in talks to put billions of dollars to work with its smaller rival Schonfeld Strategic Advisors....
...Voyager intends to pursue recovery from 3AC and is in discussions with the Company’s advisors regarding the legal remedies available....
...It would buy and sell physical bitcoin via the CME’s Exchange for Physical Transactions, a type of private agreement between two parties to trade a futures position for the underlying asset....
International Edition