MayStreet, a market data infrastructure provider, has added Fenics USTreasuries (Fenics UST) to its US cash treasury data portfolio. Owned and operated by BGC Financial, Fenics UST is a low-latency, fully electronic US Government securities trading venue that delivers displayed liquidity calibrated to the industry’s tightest tick increments.
Investors are eyeing China’s growing equity markets as signs of an economic recovery start to emerge. The IMF is forecasting that China will grow in 2020 and see a strong rebound in 2021, while projections for other large economies show them lagging behind.
Global exchanges are making the most of growing investor demand for sustainable products and ramping up their provision of ‘green’ bonds, making them the most commonly offered ESG investments for the first time, according to The World Federation of Exchanges’ (WFE) sixth annual sustainability survey.
The UK’s FTSE 100 is taking longer to bounce back than other global indices, which are showing signs of recovery from the coronavirus pandemic, according to a new tool by Daily FX.
Aviva Investors, the global asset management arm of Aviva, expects economic activity to continue to revive in the second half of the year, as lockdown measures imposed to inhibit the spread of the Covid-19 virus are gradually eased.
Refinitiv has launched ESG scores for funds, allowing comparisons at the fund level for fund managers, advisers and investors, as the world of sustainable investing continues to boom.
Investors that bought into the stock market recovery in April and May largely banked their gains in June, with equity funds shedding GBP1.2 billion in outflows, according to Calastone’s latest Fund Flow Index.
UAE-based brokerage Al Dar Shares & Bonds has joined Nasdaq Dubai as a Member to trade equity derivatives.
Carey Olsen Corporate Finance Limited, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) during the first half of 2020.
The Covid-19-led recession will likely weigh on credit metrics well into 2023 from the combination of lost output and debt overhang, threatening corporate solvency, says S&P Global Ratings. The firm also believes the shape of recovery will differ from previous crises, with a wide range of outcomes across industries and geographies, and accelerating some secular industry shifts.