This week saw the FTSE sliding the furthest since the Bear Stearns debacle in March, yet despite this many investors are using it as an opportunity to take advantage of market conditions. Investor optimism was revealed as almost six in 10 orders executed by Barclays Stockbrokers clients on 1 July were buys – 58% compared to 42% sells and the trend continued on 2 July, with 54% buys (compared to 46% sells). 3 July showed the buy:sell ratio shift to 47% buys, yet on average the past three days (1 – 3 July) saw trades dominated by positive buying moves – 53% buys on average. Henk Potts, equity strategist, Barclays Stockbrokers, said: “Rising inflation, sky-high oil prices, falling house prices along with weak consumer and business confidence surveys are all conspiring to reduce economic growth prospects and push markets lower. However, against a backdrop of cheap valuations we still believe long-term investors will benefit from exposure to shares. Therefore it is good see that a significant majority of our self-directed investors are seeing the current short-term volatility as an opportunity.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more