Day: 21 May 2020

US May Lease Additional Crude Oil Storage

The Trump administration is pleased with initial results of its actions to secure crude oil for the national stockpile while easing storage pressures on the struggling oil companies, and might conduct similar operations in the near future, Energy Secretary Dan Brouillette said Thursday. Speaking during a virtual meeting of the Secretary of Energy Advisory Board, […]

Fed’s Williams: Outlook Uncertain; Tools to be Used to the ‘Utmost’

The Federal Reserve remains open to taking more steps as needed to support the recovery, though negative interest rates are not on the table, New York Fed President John Williams said Thursday. Williams, answering questions during a webcast with a regional business group, said the economic outlook and the likely course of interest rates remain […]

ADAM Appoints its First CEO

The Association for Digital Markets (ADAM) announces the appointment of Jeffrey Blockinger, former chief legal officer of Och-Ziff Capital Management (now Sculptor Capital), as the group’s first CEO. ADAM was initially created in late 2018 by a group of financial services and technology firms leading developments in the digital asset and blockchain space,  to develop a Code of […]

SocGen Joins FXSpotStream

Societe Generale has become the 15th liquidity provider to join FX SpotStream – it joins just months after Barclays was unveiled as LP number 14. “After announcing the addition of Barclays last quarter, we continue the momentum and are pleased to welcome Societe Generale as the 15th liquidity provider on our Service – we expect […]

CLS Announces Three New Board Members

CLS has named three new members to its board of directors at the CLS Annual General Meeting (AGM) on 11 May 2020. The three are Karen Keenan and John Trundle, who have both been appointed as independent directors, and Naoto Nakamura from MUFG. Keenan is a C-suite executive with over 30 years of experience who recently retired as the chief administrative […]

White House Watch: An Inconsequential Virus Obituary

With by one count 93,382 deaths blamed on the corona virus through Wednesday, each one a life-altering tragedy for a family, there is hardly any point chronicling the death of an inanimate process which few could care about or should. Yet the passing of the early morning ritual of getting the jobs report, the Consumer […]

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