Day: 28 July 2020

Amschwand Steps Down from SEBA Bank Board

SEBA Bank, a FINMA-licenced Swiss bank that which provides a bridge between digital and traditional assets, today announces a change to its Board of Directors. Chair Andreas Amschwand, who has led the company since 2018, is stepping down to “concentrate on other mandates”. Sébastien Mérillat, vice chair, says: “On behalf of the Board of Directors, […]

SocGen Live on FXSpotStream

Societe Generale (SocGen) has gone live and is trading with clients via its price streaming service on FXSpotStream, which it joined as a liquidity provider in May. SocGen is the 15th LP on the service, which also includes Bank of America, Barclays, BNP Paribas, Citi, Commerzbank AG, Credit Suisse, Goldman Sachs, HSBC, JP Morgan, Morgan […]

FMSB Publishes Spotlight Review on Remote Working Risks

board, meeting

The FICC Markets Standards Board (FMSB) has published a Spotlight Review which examines remote working risks in FICC markets. Following COVID-19 being declared a global pandemic and the closure of many offices, FMSB formed a working group of members and other interested market participants to consider the impacts of financial services activities being undertaken by […]

Status Check: FOMC; The Shadow Virus Task Force: As Goes Baseball…

A round up of events and a check on developments in the US that may influence economic, health and political outcomes from Mace News. The VIX improving by a large amount, 4.28%, to 24.74, backgrounded a mildly positive day for US stocks, with the DJIA +0.43%/+114.88; S&P +0.74%/+23.78 and the Nasdaq +1.67%/+173.09. After-hours futures were […]

The July FOMC and Beyond – What to Expect from the Fed

Even though the US economy’s partial recovery has lately shown signs of faltering in the face of renewed anti-coronavirus restrictions, it would be little short of astonishing if the Federal Reserve’s policymaking Federal Open Market Committee were to announce any new monetary stimulus initiatives at the conclusion of its two-day meeting Wednesday, having already pulled […]