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Showing 341 - 350 of 692 results for "Virtu"

Japan rides the virtuous cycle

BENJAMIN ONG  |  THURSDAY, 11 MAY 2017
No news, it appears, is good news for Japan. The country's stock market and the yen have been heading in the right direction ever since the nuclear threat tit-for-tat between the US and North Korea was taken off the headlines. The Nikkei-225 index has ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
... market makers used under the joint venture arrangement will not change, with Susquehanna, Commerzbank, Flow Traders and Virtu retaining their positions. Speaking to Financial Standard, ETFS Australia chief executive Kris Walesby said there would be no ...

The growth-inflation divide

BENJAMIN ONG  |  FRIDAY, 28 APR 2017
Bullish on growth, not so on inflation. This is the unifying message from three of the world's major central banks that met over the past 24 hours. As widely expected, the Bank of Japan (BOJ) kept monetary policy settings unchanged - discount rate at ...

Global bank tests customer service 'bot'

KARREN VERGARA  |  THURSDAY, 20 APR 2017
Global bank Wells Fargo is launching an artificial intelligence-driven customer service 'chat' experience within Facebook's Messenger application. Wells Fargo customers who frequently use Messenger will be able to save time using the chat bot functionality ...

BlackRock's Fink commends Aussie infrastructure

JAMIE WILLIAMSON  |  TUESDAY, 11 APR 2017
BlackRock chairman and chief executive Larry Fink has praised Australia's use of private capital in funding infrastructure, and said the US needs to catch up. In his annual letter to shareholders, Fink said the United States trails behind countries ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
Trump's actions against Syria show that he walks the talk, putting Chinese president Xi on notice that the US may yet make good on its threat to slap a 45% tariff on Chinese imports. America's missile assault on Syria, in retaliation for the chemical ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

Netwealth backing financial literacy in schools

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2017
Leading platform provider netwealth launched a financial literacy campaign this week, looking to bring financial education to the classroom through an interactive tool aligned with existing school curriculums. Banqer, designed by a New Zealand start-up ...

Passive is a Faustian bargain: Ariel CIO

ALEX BURKE  |  WEDNESDAY, 1 MAR 2017
Ariel Investments' global equities chief investment officer, Rupal J. Bhansali, believes passive investors have made a "deal with the devil" in focusing on lower costs at the expense of higher risks. Explaining her position, Bhansali told a media briefing ...

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
Yesterday's decision by the Fair Work Commission to slash Sunday and public holiday penalty rates for hospitality, restaurant, fast food, retail and pharmacy workers threw another spanner in the works for RBA Governor Philip Lowe's positive outlook ...