Tag: Covid-19

COVID Exposes Compliance Issues, Drive Spending on Surveillance Tech

Spending on trade surveillance technology has been increasing at an impressive rate and could exceed previous growth expectations as firms address weaknesses in compliance infrastructure exposed during the COVID-19 pandemic, according to a survey by Greenwich Associates. Over the last decade, the trade surveillance technology market grew at a rate of 13% to 14% per […]

US July Sales Data Key Test of Covid Resurgence

The US economy was on pace for a steady recovery until Covid-19 cases began to rise in July, triggering several states to reverse their reopening plans. While all sectors are impacted, there is none more so than the retail sector. Strong retail sales gains in May and June, following the large April decline, set the […]

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 […]

State Street Research Finds Investors Happy with Managers

New research by State Street reveals that irrespective of the market dynamics created by the Covid-19 pandemic, 74 percent of institutional investors in Europe, remain confident in the ability of their asset manager to navigate the crisis. Unsurprisingly, the volatility caused by the crisis has damaged the ability of 66 percent of European investors to […]

COVID-19 Crisis Speeds Up Use of Digital Payments

The coronavirus pandemic has forced world central banks, already struggling to deal with cryptocurrencies, stablecoins and other non-traditional monies, to up their game on the use of digital currencies and other new technologies. “COVID-19 has forced an unprecedented experiment in digitalisation, across our lives, including work and in commerce…,” said Benoit Coeure, former ECB executive […]

The Times, They Are A-Changin’

‘Back to normal’ – three simple words, and a world of meaning. For those in the UK, Monday, 23rd March 2020 marked the point at which everyone’s life changed. Lockdown has had, amongst many other effects, a profound impact on how and where we work and the very nature of the job we do. The […]

And Finally…

This is the 1000th column I have written about (mainly) our industry (no, I am not sure I can believe it either!), and if it wasn’t going to be last look then what is a more appropriate subject that something I have been looking at for more than a decade – yes, we are back […]

XTX Commits £20mn to Charities Battling Covid-19 Effects

XTX Markets is committing £20 million to three funds battling the effects of COVID-19. The funds are to help bring immediate relief for frontline workers in hospitals caring for those with the disease, as well as those in New York City who are unable to get access to food during these difficult times. XTX has […]

Virus Apex Weeks Away as Defences Mount

A thousand distractions filled the news Wednesday, particularly promises contained in the pending congressional effort to replace trillions of dollars of income, pay for medical gear and rescue firms big and little. Not distracted are the sub-microscopic capsules of single strands of ribonucleic acid that are using unwitting asymptomatic carriers to reach more states. Their […]