Indian Trade Service

Schwab Survey: Trader Sentiment Turns Bearish for the Fourth Quarter, but Remains More Bullish Compared to a Year Ago

Retrieved on: 
Thursday, November 16, 2023

“The confluence of factors facing markets today from monetary policy to government uncertainty to, most recently, geopolitical uncertainty has led some traders to take a more cautious stance,” said James Kostulias, head of Trading Services at Charles Schwab.

Key Points: 
  • “The confluence of factors facing markets today from monetary policy to government uncertainty to, most recently, geopolitical uncertainty has led some traders to take a more cautious stance,” said James Kostulias, head of Trading Services at Charles Schwab.
  • “However, glimmers of economic optimism are emerging as we head toward the end of the year and look ahead to 2024.”
    Traders’ expectations for the economy are leading many to dial back on risk exposure.
  • Still, they are more than twice as likely to be planning to move money into their investment portfolio than take money out.

Cambridge Savings Bank Forms Relationship with Bigbelly Solar, Extends Credit Facility to Facilitate Growth

Retrieved on: 
Thursday, October 19, 2023

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a credit facility to Bigbelly Solar, LLC (Bigbelly), the global leader in waste solutions for public spaces.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a credit facility to Bigbelly Solar, LLC (Bigbelly), the global leader in waste solutions for public spaces.
  • Headquartered in Needham, Massachusetts, Bigbelly manufactures cost-effective products that make any space better – improving quality of life, operational efficiency, and sustainability.
  • Since its founding in 2003, Bigbelly has been on a quest to transform the waste operations industry.
  • “As we considered our future growth and innovation, Cambridge Savings Bank stood out as the right financial institution to help us achieve our objectives while simultaneously allowing us to uphold our values.

BNY Mellon's Pershing Debuts BondWise, an Innovative Fixed Income Research and Trading Tool

Retrieved on: 
Tuesday, September 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- BNY Mellon's Pershing (NYSE: BK) announced the debut of BondWise, a fixed income research, management and trading tool available on its NetX360®+  platform.

Key Points: 
  • BondWiseSM is designed to help advisors trade bonds and other fixed income securities in minutes on BNY Mellon Pershing's NetX360®+ financial management platform.
  • NEW YORK, Sept. 12, 2023 /PRNewswire/ -- BNY Mellon's Pershing (NYSE: BK) announced the debut of BondWise, a fixed income research, management and trading tool available on its NetX360®+ platform.
  • "That's why we created BondWise –to empower our clients and help them more easily navigate the fixed income marketplace."
  • "Our collaboration with bondIT is a great BNY Mellon Accelerator story," said Marianna Lopert-Schaye, Managing Director of Digital Partnerships and Investments, BNY Mellon.

Schwab Q3 Trader Sentiment Survey: Recession Expectations Start to Recede as Trader Outlook Brightens in the Third Quarter

Retrieved on: 
Wednesday, August 23, 2023

The jobs market may be cooling somewhat, but it continues to be strong, and unemployment remains remarkably low, especially compared to pandemic-era highs.

Key Points: 
  • The jobs market may be cooling somewhat, but it continues to be strong, and unemployment remains remarkably low, especially compared to pandemic-era highs.
  • Even the most recent inflation numbers, while they do indicate a modest rise, are a far cry from the highs we saw in 2022.
  • While bearishness is on the decline, one in five traders express uncertainty about their market outlook.
  • Traders are slightly less bullish on fixed income than the previous quarter, as sentiment ticked down from 42% to 35%.

HKTDC lifestyle, licensing events attract close to 56,000 buyers

Retrieved on: 
Sunday, April 23, 2023

Seven HKTDC lifestyle and licensing events successfully concluded their physical editions.

Key Points: 

Gate Group Gears Up for Hong Kong Web3 Festival 2023 and Plans to Apply for SFC Licences

Retrieved on: 
Monday, April 10, 2023

MAJURO, Marshall Islands, April 10, 2023 /PRNewswire/ -- Gate Group , a leading cryptocurrency exchange and services provider, is thrilled to announce its participation in the inaugural Hong Kong Web3 Festival 2023, scheduled for April 12-15, 2023, at the Hong Kong Convention and Exhibition Centre (HKCEC).

Key Points: 
  • MAJURO, Marshall Islands, April 10, 2023 /PRNewswire/ -- Gate Group , a leading cryptocurrency exchange and services provider, is thrilled to announce its participation in the inaugural Hong Kong Web3 Festival 2023, scheduled for April 12-15, 2023, at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • Edwin Cheung, the Business Lead for Gate Hong Kong, will represent Gate Group at the Hong Kong Web3 Festival 2023 and engage in a variety of Web3 events throughout the week.
  • Alongside its involvement in the Web3 Festival, Gate Group 's Hong Kong entity, Gate Digital Limited (Gate HK), has confirmed to apply for licences with the Securities and Futures Commission (SFC) in Hong Kong.
  • Gate Group is eager to contribute to the groundbreaking Web3 Festival in Hong Kong and support the ongoing development and expansion of the Web3 ecosystem.

Nasdaq Stockholm Celebrates its 160th Anniversary

Retrieved on: 
Monday, March 20, 2023

STOCKHOLM, Sweden, March 20, 2023 (GLOBE NEWSWIRE) -- Nasdaq Stockholm celebrates its 160th Anniversary this year, marking the milestone with the launch of a series of internal and external events over the coming months in recognition of the deep history and heritage of the exchange, including a bell ceremony during the Almedalen Week.

Key Points: 
  • STOCKHOLM, Sweden, March 20, 2023 (GLOBE NEWSWIRE) -- Nasdaq Stockholm celebrates its 160th Anniversary this year, marking the milestone with the launch of a series of internal and external events over the coming months in recognition of the deep history and heritage of the exchange, including a bell ceremony during the Almedalen Week.
  • Founded in 1863, Nasdaq Stockholm has supported job creation and growth across the Swedish and European economy.
  • Today, Nasdaq Stockholm is Europe’s leading SME listing venue, welcoming more companies than any other venue in 2022.
  • “For 160 years, our market has facilitated efficient capital formation and advanced economic growth across our country,” said Fredrik Ekström, President of Nasdaq Stockholm.

Wilson Sonsini Adds Former SEC Official Tamara Brightwell to Public Company Practice

Retrieved on: 
Tuesday, January 31, 2023

Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, announced today that Tamara Brightwell has joined the firm as a corporate partner in Washington, D.C., where she will be a member of the Public Company Representation practice.

Key Points: 
  • Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, announced today that Tamara Brightwell has joined the firm as a corporate partner in Washington, D.C., where she will be a member of the Public Company Representation practice.
  • View the full release here: https://www.businesswire.com/news/home/20230131005350/en/
    Brightwell joins the firm after almost two decades at the SEC.
  • “Our substantial and growing public company client base requires dedicated and specific resources from a wide range of perspectives.
  • “Joining Wilson Sonsini’s talented team enables me to provide my knowledge and expertise for the benefit of the firm’s impressive roster of public company clients, as well as those preparing to go public.

'Surgutneftegas' PJSC: Admission to trading cancellation

Retrieved on: 
Thursday, February 2, 2023

Dissemination of a Regulatory Announcement, transmitted by EquityStory RS.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EquityStory RS.
  • The issuer is solely responsible for the content of this announcement.
  • «Surgutneftegas” Public Joint Stock Company (hereinafter – the Company) hereby notifies that the admission to trading of American Depositary Receipts (each representing 10 Ordinary shares of the Company; ISIN US8688612048) on the Multilateral Trading Facility of the London Stock Exchange plc (Market segment - IOBE, Trading Service – International Order Book) is supposed to be cancelled on January 25, 2023.

Genius Sports Agrees to Official Data, Trading and Live Streaming Partnership with Bally’s Interactive

Retrieved on: 
Thursday, August 25, 2022

Under the terms of the comprehensive agreement, Genius Sports will provide Ballys Interactive brands, including its online sportsbook Bally Bet, with its full suite of official data and live streaming solutions.

Key Points: 
  • Under the terms of the comprehensive agreement, Genius Sports will provide Ballys Interactive brands, including its online sportsbook Bally Bet, with its full suite of official data and live streaming solutions.
  • Genius Trading Services (GTS), Genius Sports highly bespoke sportsbook solution, will help Ballys Interactive to maximize profits and operational performance across thousands of events every year.
  • Ballys Interactive will be given access to Genius Sports exclusive suite of NFL products and services, including the leagues real-time statistics, proprietary Next Gen Stats (NGS) and official sports betting data feed.
  • With its market-leading brands and impressive line-up of official sports team partners, we are thrilled to enter into such a wide-ranging partnership with Ballys Interactive, said Mark Locke, CEO of Genius Sports.