|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||203.41 - 205.00|
|52 Week Range||158.35 - 207.84|
|Beta (3Y Monthly)||-0.05|
|PE Ratio (TTM)||38.18|
|Forward Dividend & Yield||3.00 (1.47%)|
|1y Target Est||N/A|
The Zacks Analyst Blog Highlights: Northrop Grumman, Thermo Fisher Scientific, Newmont Goldcorp, Starbucks and CME
Aquis is a small fintech business set up in 2012 to offer shareholders low-cost and transparent pricing and easy dealing in European equities. The group should be breaking even by 2021, even if revenues don’t accelerate, says finance chief Jonathan Clelland. That seems to be little upside for a lot of effort and is as ambitious as Aquis’s aspiration to lift its own revenue, from selling its technology and trading European shares, to more than £10m by 2020.
Nasdaq's (NDAQ) Q2 volumes reflect higher volumes of U.S. equity and European options but lower cash European and U.S. fixed income equity volume.
Fed's rate cut will not only make cheaper funds available to businesses and stock market investors, but also U.S. dollar less expensive in the international market.
CME Group Inc NASDAQ/NGS:CMEView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for CME with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CME. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $7.05 billion over the last one-month into ETFs that hold CME are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Intercontinental Exchange's (ICE) June volumes reflect lower Financial average daily volumes partially offset by higher Commodities volumes.
Bonds and US equities fell following the release of the data, which cemented expectations that the Federal Reserve would reduce interest rates by 25 basis points this month — rather than 50bp, as many investors had anticipated. President Donald Trump for it to cut as aggressively as possible. “The probability of several rate cuts has diminished as a result of today’s report — though one cut is still very likely,” said Gad Levanon, an economist at the Conference Board.
Riding high on the growing revenue base, solid international business and strategic initiatives, MarketAxess (MKTX) holds potential to reap benefits for investors.
CME Group's (CME) solid second quarter volumes reflects record quarterly ADV in Agricultural Commodities, Interest Rate options, Agricultural options and Metals options.
CME (CME) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
(Bloomberg) -- U.S. bond traders who are planning to finish up for the week after Wednesday’s early close should take note that the last time the monthly jobs report landed on July 5, it produced an almost quarter-point jump in 10-year Treasury yields.On the day after U.S. Independence Day in 2013, the 10-year yield closed 23.6 basis points higher, as the headline jobs print beat expectations by 29,000 and the prior month was revised higher by 49,000. Yields climbed to 2.74% from 2.50% over the session. The initial move on the data generated an 11 basis-point spike before yields cheapened further into the close.Those holding curve positions may want to take a rain check on tee times or earlier departures to the Hamptons. The spread between 2- and 10-year yields widened more than 20 basis points on July 5, 2013, as losses were led by the intermediates over the front end.This time around, the payrolls report is expected to show that the pace of hiring picked up to 164,000 in June from a disappointing 75,000 in May. Traders will be looking for the data to confirm or refute concerns about the health of the U.S. economy as they assess the chances that the Federal Reserve will cut interest rates at the end of this month. With the bond market shut Thursday, they’ll have to resist the temptation of a long weekend.The potential fireworks on Friday come as the 10-year yield trades near its lowest since 2016 following two days of gains for Treasuries, with yields around 1.965% as of 8:40am Wednesday in New York.The rally that started Tuesday -- initially fueled by wider gains across gilts -- was based on futures volumes at well-below usual levels, showing the impact of low liquidity. The advance was extended through key futures levels as the 10-year yield fell below 2%. Preliminary CME Group open interest data show that Tuesday’s gains were largely driven by traders covering short positions, in a sign that positions are being pared into the jobs report. The data show the amount of outstanding risk in cash terms dropped by $5 million per basis point move in the 10-year contract.(Adds Wednesday trading in fifth paragraph, open interest data in seventh paragraph)\--With assistance from Emily Barrett.To contact the reporter on this story: Edward Bolingbroke in New York at email@example.comTo contact the editors responsible for this story: Benjamin Purvis at firstname.lastname@example.org, Greg Chang, Mark TannenbaumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Hedge funds and other big traders are betting that bitcoin will fall, even as the digital currency has risen above $11,000 on a new wave of crypto-optimism.
BRUSSELS/ZURICH, June 26 (Reuters) - The European Commission and Switzerland both refused to blink on Wednesday in a standoff over a stalled partnership treaty that threatens to trigger stock trading curbs across Europe from Monday. The Swiss have vowed to retaliate with a decree forcing all Swiss shares to be traded on domestic exchanges by banning EU bourses from hosting Swiss equities trading. In Brussels, the Commission said it has had no contact with Switzerland in the past few days on avoiding the expiration at the end of this week of the regime which allows Swiss stock exchanges to access the European Union market.
The European Commission has had no contacts with Switzerland in the past few days to avoid the expiration at the end of this week of the equivalence regime that allows Swiss stock exchanges to access the EU market, a spokeswoman said on Wednesday. "There have not been any contact," the EU executive's spokeswoman told a news conference. The spokeswoman added that the Commission remained open to finalise an overall partnership treaty with Bern by the end of October.
Overall, the banks, investment funds, real estate and insurance companies which make up the financials sector have had a difficult 2018. The sector has entered bear market territory in the last few weeks of 2018 by falling more than 20% from its 52-week high from January.
The Swiss government said on Monday it was ready to ban stock exchanges in the European Union from trading Swiss shares -- intensifying a row over a stalled partnership treaty. The move followed the EU not extending stock market equivalence to Switzerland after Brussels grew frustrated with Swiss foot-dragging over the long-discussed agreement. Bern said in response it would withdraw recognition from trading venues in the EU from July 1 to "protect the Swiss stock exchange infrastructure in the event of non-extension".
Bitcoin prices rose solidly Friday, with futures on CME Group Inc. trading at a level above $10,000 for the first time since in about 15 months, according to FactSet data. Bitcoin futures for June delivery were up $375, or 3.9%, at $10,000 and had hit a peak at $10,060, which would represent the highest level for a most-active contract since March 8, 2018. On top of that, contracts months further in the future are also trading substantially higher, with the September contract trading at $10,145, after hitting a intraday peak at $10,200. Overall, bitcoin futures are up 174% so far this year as activity around cryptos and blockchain, the digital-ledger technology that underpins cryptocurrencies, has grown, with cryptos drawing greater interest from large institutions and not just digital-asset enthusiasts as was the case nearly two years ago during bitcoin's last surge back to near $20,000 in December of 2017 before prices cratered to a low at around $3.194 about seven months ago. Facebook Inc. , earlier this week announced that it is rolling out a crypto-oriented global digital payment known as Libra coin, which is backed by a consortium of companies, including payment processors Mastercard Inc. , PayPal Inc. and many others. Bitcoin's gain have outstripped those for equities and most other traditional assets, with the Dow Jones Industrial Average up nearly 15% so far in 2019, the S&P 500 index boasting a gain of nearly 18% in the year to date and the Nasdaq Composite Index returning 21% thus far this year. Bitcoin began trading on CME's exchange back in December of 2017, not long after Cboe Global Markets Inc. rolled out the first bitcoin futures contract on Dec. 10, 2017. However, Cboe announced that it was abandoning its bitcoin futures efforts back in March.
BRUSSELS/ZURICH, June 21 (Reuters) - Investors in the European Union and Switzerland will lose direct access to each others' stock exchanges from July 1 in an escalating row over a stalled partnership treaty. Frustrated with Swiss foot-dragging, the European Commission will not propose extending the equivalence regime that lets EU investors trade on Swiss bourses, effectively ending it as of July 1, an EU diplomat told Reuters on Friday. Friday was the deadline for the Commission to make such a proposal, but it will refrain from doing so because Bern did not endorse a partnership treaty with the EU that had been negotiated for years, the diplomat said.