Day: April 5, 2022

Apr 05
Gold futures finish lower, pressured by a rise in Treasury yields

Gold futures finished lower on Tuesday, pressured by a rise in U.S. Treasury yields. The yellow metal saw a modest decline “while lacking any real longer-term direction,” said Craig Erlam, senior market analyst at OANDA. This is “perhaps a sign of the limbo investors find themselves in: recession risks but a hot economy, peace talks […]

Apr 05
FCA makes three senior hires

The FCA has appointed 2 new Directors of Authorisations as it successfully fills 95 new authorisation roles. A new Finance Director will also join the regulator this spring.  Laura Dawes will take up 1 of 2 new Director of Authorisations roles. Laura is currently interim Director of Strategy, Policy, International and Intelligence in the FCA’s […]

Apr 05
FTX US to invest in IEX stock exchange to launch digital securities

FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. 1004 Total views 41 Total shares Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. […]

Apr 05
Dow transports sink more than 2% toward 5th-straight loss

The Dow Jones Transportation Average DJT, -2.41% dove 2.2% in morning trading Tuesday, putting it on track for a fifth-straight decline, as the transportation sector tracker (DJT) continues to underperform its sister index, the Dow Jones Industrial Average DJIA, -0.26%, and the broader stock market by a wide margin. The index has now tumbled 9.3% […]

Apr 05
Deletion of the registration of Switch Holding NV as an ancillary insurance intermediary

The FSMA has noted the decision by Switch Holding NV to cancel its registration in the register of insurance intermediaries and ancillary insurance intermediaries, effective 25 March 2022. This press release is not available in English. Please consult the French or Dutch site. Source: FSMA

Apr 05
Moratorium on the distribution of particularly complex structured products

The Financial Services and Markets Authority (FSMA) calls upon the financial sector not to distribute to individual investors structured products that are considered particularly complex. Distributors that sign on to the moratorium commit themselves not to distribute structured products that do not fulfil the criteria that have been established. Distributors who participate in the moratorium […]

Apr 05
Rentabiliweb

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in financial instrument RENTABILIWEB, ISIN code BE0946620946 on Euronext Brussels is suspended from 11:27 AM on  June 30, 2011 on the request of the company and until the publication […]

Apr 05
The risks associated with speculative transactions in foreign currencies

The Financial Services and Markets Authority (FSMA) has noticed an increase in proposals of speculative transactions in foreign currencies. The FSMA urges investors to exercise the greatest possible prudence with regard to such proposals. On the one hand, some of these proposals are made by intermediaries who do not have the necessary authorization to do […]

Apr 05
The Yen is retreating again. Overview for 05.04.2022

USDJPY is slowly rising; demand for “safe haven” assets is rather low. The Japanese Yen is retreating against the USD again. The current quote for the instrument is 122.87. According to the statistics published today, Household Spending gained 1.1% y/y in February after adding 6.9% y/y in January. Early in the year, there was hope […]