Day: 4 August 2020

FXSpotStream, Integral, Post July Volumes

FXSpotStream reports average daily volume (ADV) on its platform in July was $40.4 billion, a 6.7% decline from June, but up 11.3% year-on-year. Integral Development, meanwhile, reports a strong 6.6% increase from June to $37.4 billion, making it the only platform to report thus far to see a month-on-month increase. Year-on-year Integral’s ADV was up […]

Oanda Rebrands Data Business

Oanda has rebranded its currency data and analytics business as Foreign Exchange Data Services. Under the new name, the firm says it will continue to offer the same range of currency solutions to audit firms, tax authorities and multinational corporations. Coinciding with the rebrand, Oanda has also launched a new “FX data services digital brand identity” […]

US Treasury to Borrow $1 Trillion More, Maybe $2 Trillion

The following is Monday’s status check of developments in the US that can influence economic, health and political outcomes, collated by Mace News: Phase 4 or otherwise known as the next coronavirus relief legislation is slowly – very slowly – coming together on Capitol Hill, with two and a half hours of talks Monday ending […]

Fed’s Evans: Fed Can’t Make Workplaces Safe

Chicago Federal Reserve president Charles Evans, hosting a virtual roundtable for news media, said that while the second-quarter gross domestic product was the worst on record, declining at an annualised rate of 32.9 percent, with about 18 million unemployed workers, some improvement was seen in May and June as many states eased their lockdown restrictions. […]

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