News Centre

Short Sellers Down $5.5bn On US Positions In November

Date 11/11/2020

• Biden victory and prospect of a Covid-19 vaccine sent global stock markets soaring on 9th November
• Analysis by Ortex Analytics suggests many short sellers were caught out by the rapid change in investor sentiment; cumulatively US short positions have lost $5.5bn since 1st Nov 2020
• Travel and tourism companies lead losses, but technology positions return profit as market reflects growing confidence about an end to the pandemic

Cloud9 Partners With Enghouse To Enhance Voice Data Analysis And Measurement

Date 11/11/2020

Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has partnered with Enghouse Interactive to integrate its Proteus Trader advanced voice trading accounting application for the institutional marketplace. The collaboration between Cloud9 and Enghouse Interactive provides investment banks and trading firms with a more robust tool for network management and planning, private wire management, and more efficient way to monitor and minimize voice trading costs. 

Finansinspektionen Analysis 24: Stress Test Of Bank Lending To Commercial Real Estate Firms

Date 11/11/2020

Commercial real estate firms are sensitive to changes in interest rate expenses and income. Following a shock, vulnerable commercial real estate firms could lead to credit losses for the banks.

SET Launches “Point To Invest” Project, A Credit Card Point Redemption For Mutual Funds, On November 11, 2020

Date 11/11/2020

The Stock Exchange of Thailand (SET) joins hands with 16 financial service providers to launch “Point to Invest” project, to promote investment in mutual funds. Credit card holders of Bangkok Bank, Kasikornbank, TMB Bank, Siam Commercial Bank, Thanachart Bank, KTC, Krungsri Card and Krungsri First Choice Visa Platinum can redeem their reward points under this project. For more details, please visit www.set.or.th/pointtoinvest .

UK Financial Conduct Authority Commences High Court Proceedings Over Unauthorised Collective Investment Schemes

Date 11/11/2020

The FCA has commenced High Court proceedings against Mr Robin Forster, Fortem Global Limited and Mr Richard Tasker, over alleged links to investments in care homes in which investors appear to have lost at least £30 million.

Marex Spectron To Acquire Chicago-Based XFA Execution Broker - Continues Expansion Of North American Franchise

Date 11/11/2020

Marex Spectron, the global commodities specialist, today announced that it has signed an agreement to acquire X-Change Financial Access (XFA), a fast-growing exchange-traded derivatives (ETD) execution broker. The transaction, expected to close on 13 November, broadens the Marex Spectron product range, further strengthens its North American presence and builds on its global clearing infrastructure, while providing XFA clients with ready access to complementary products and services.

Bank Of England: Minutes Of The Securities Lending Committee Meeting - June 2020

Date 11/11/2020

The Securities Lending Committee is a forum for market participants and authorities to discuss the UK securities lending market.

SET Announces 124 Listed Companies For The 2020 Thailand Sustainability Investment (THIS) list

Date 11/11/2020

The Stock Exchange of Thailand (SET) announces 124 listed companies with outstanding performance on Environmental, Social and Governance (ESG) aspects on the Thailand Sustainability Investment (THSI) list for 2020, up from 51 companies since its inauguration in 2015. The increasing number reflects Thai listed companies’ remarkable progress in embracing more sustainable development practices into their business process.

Global Financial Innovation Network Invites Firms To Participate In Cross-Border Testing

Date 11/11/2020

The Global Financial Innovation Network (GFIN) – a group of over 60 international organisations committed to supporting financial innovation in the interests of consumers – is inviting applications from firms to test innovative financial products, services, business models or regulatory technology across more than one country or jurisdiction.

86 % Of Bitcoin Addresses Breaking Even, Confidence In Cryptocurrencies Remains At Historic Low

Date 11/11/2020

• 86% of Bitcoin addresses in profit zone
• 16% of Germans have faith in Cryptocurrencies’ price stability, compared to 33% in 2017
• 4% of German citizens making transactions in cryptocurrencies (2017: 11%)
• Precious metal gold is the most trusted
• Bitcoin price rose 48.5% in 365-day review, a gain significantly stronger than that of gold, silver and the DAX