EuroCCP Sets New Low Clearing Price Benchmark for European Equity Trades

European Central Counterparty Limited (EuroCCP) announced today it has again leveraged its economies of scale to restructure its fees and set a new low clearing price standard for European equity trades. EuroCCP’s new transparent fee structure – starting from 3 euro cents ($0.030) per side and decreasing to one-fifth of a euro cent ($0.002) – [...]

Tags: , , , , , ,
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, Trading

Institutional Trading Benchmark

People often wonder why the trading volume slows so dramatically during the middle of each trading day. The most common explanation for the midday inactivity is that it is lunch time and while it is certainly part of the reason, it is not as though the specialists and market makers all head out to a [...]

Tags: , , , , , ,
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, Trading

Yen Rises to 8 Month High on Repatriation, Intervention Concern

The yen rose to the highest level in eight months versus the dollar on prospects Japanese exporters are repatriating profits before the fiscal first half ends this week. Japan’s currency also advanced against all of its 16 major counterparts on speculation the nation’s government won’t intervene to stem the currency’s gain. The Australian dollar fell [...]

Tags: , , , , , , ,
Posted October 3, 2009 by ][-NooM-][ under More Financial

RBNZ Rate Decision Provokes Volatility but Falters with Direction

The New Zealand dollar has been considered the high-yield currency among the majors for years. And, even though its benchmark lending rate is at a discount to its Australian counterpart, speculators still recognize the specialty the kiwi retains as a high income currency whereas others are graded for their growth potential and the health of [...]

Tags: , , , , , ,
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, More Financial

Fed Says Economy Picks Up But Keeps Lid On Interest Rates

The Federal Reserve Open Market Committee (FOMC) Wednesday said that the economy has improved, but kept the benchmark interest rate target at all-time lows, indicating that it is determined to nurture a budding economic recovery by providing liquidity to the financial sector. Economic activity is “picking up,” the Fed statement said. The statement was a [...]

Tags: , , , , ,
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending

Forex Weekly Trading Forecast

US Dollar Overdue for a Technical Bounce, But Fundamental Reversal… The dollar was able to relieve the pressure of suffering its worst trend on recent record by clawing out the first bullish close in eleven consecutive trading days; but that does not mean the burdened currency is necessarily primed for a true reversal. While this [...]

Tags: , , , , , ,
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, Trading

Housing loan interest rates less than the benchmark lending rate

Select the current time upward adjustment of the RMB benchmark interest rates for what is considered? In the Party Central Committee and State Council, under the correct leadership of the current round of macro-control the integrated use of economic instruments, legal means and necessary administrative means, and achieved good results, macroeconomic and financial operations to [...]

Tags: , , , , , ,
Posted October 2, 2009 by ][-NooM-][ under Benchmark Lending, More Loans, More Real Estate