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Technological advancements and the demand for low-cost, fast trade executions could drive growth for electronic trading companies.
CME Group Inc.
Intercontinental Exchange, Inc.
Thomson Reuters Corporation
Interactive Brokers Group, Inc.
MarketAxess Holdings Inc.
Cboe Global Markets, Inc.
Virtu Financial, Inc.
BGC Partners, Inc.
CME Group's (CME) average daily volume for March and first-quarter 2020 increases on the back of better contribution by all six product lines.
The British pound initially fell during the trading session on Tuesday but turned around to show signs of strength during the day. That being said, there is still a significant amount of resistance above.
The US dollar is broadly weaker against its major counterparts in early trading on Tuesday but the weakness wasn’t enough to elicit a technical breakout for the GBP/USD pair.
PwC found 70% of people earning over £50,000 a year could work from home, compared to just 32% of people who earned £20,000 or less.
One expert said all predictions were now 'guesswork,' suggesting homeowners should be thankful they have homes at all rather than thinking about prices.
Best wishes flooded in from leaders around the world after the prime minister was moved to intensive care in hospital with COVID-19.
Yahoo Finance UK speaks to people who have fallen foul of conditions attached to help for self-employed workers who have lost income due to coronavirus pandemic.
It’s another positive start to the day for the bulls, with the latest COVID-19 numbers providing further evidence of containment…
At 3:10 AM ET (0710 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.235, down 0.5%, with the loonie, Aussie and kiwi all rising over 1%. GBP/USD gained 0.7% to 1.2316 even as Prime Minister Boris Johnson was moved into intensive care overnight due to his worsening COVID-19 symptoms. In New York, the epicenter of the outbreak in the U.S., Governor Andrew Cuomo said Monday that the state’s death rate has been ‘effectively flat for the last two days.’
The sharp rise in trading volumes during closing auctions at global stock markets requires more innovation by brokers to capture value for buy-side investors, one of the world's largest asset managers said on Tuesday. Gradually introduced by major stock markets since the late 1990s, auctions held in the final minutes of trade were initially seen as an efficient, hard-to-manipulate way to establish end-of-day prices. The percentage of daily trade taking place in those final minutes roughly doubled between 2014 and 2019 in both Europe and the United States however, NBIM's calculations show, turning them into major trading opportunities with ample liquidity.
Just a day after being amitted into a hospital with what was reported as "persistent symptoms," Johnson was moved into intensive care as his condition worsened, according to U.K media reports. "Over the course of this afternoon, the condition of the prime minister has worsened and, on the advice of his medical team, he has been moved to the intensive care unit at the hospital," a government spokesman said.
The British pound has rallied a bit during the trading session on Monday to kick off the week but did struggle near the 1.23 level. At this point it’s very unlikely to continue going higher.
Despite coronovirus upsurge, a handful of S&P 500 stocks rallied last week. Some of them carry a favorable Zacks Rank with strong potential for future growth.