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Wall Street | April 07, 2020
U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...
TRADING SYSTEMS
United Fintech, TTMzero | February 04, 2021
United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years. The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world. Founded in 2...
Investing.Com | March 18, 2020
Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...
FINANCIAL MANAGEMENT,PAYMENTS
Enjaz and Thunes | November 03, 2022
Enjaz Payment Services Company (Enjaz), a leading Fintech company licensed by the Saudi Central Bank announced a partnership with Thunes, a global leader in cross-border payments. This agreement will help our customers in Saudi Arabia to make instant international transfers globally to bank accounts and digital wallets using Thunes payment network. The signing ceremony took place at the Seamless Conference held in Riyadh. Enjaz is a leader in remittance technology, having develope...
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