News list for "Nordic"
Swedish investment firm Hilbert Group (HILB), which focuses on algorithmic trading in the cryptocurrency market, acquired high-frequency trading platform Enigma Nordic for $32 million. The company said in a press release that the move allows Hilbert to use Enigma's proprietary trading system, which executes market-neutral strategies on cryptocurrency exchanges worldwide.
Lars Mouland, credit and rates strategist at Nordic Bank: US monetary policy has entered a new phase in which interest rate cuts depend on falling inflation or a weaker job market. Interest rates could end up higher than market expectations.
With Trump's victory in the U.S. election and the likelihood that Republicans will control both the Senate and the House of Representatives, the market should expect most of his campaign promises to be fulfilled. The Federal Reserve may automatically cut interest rates by 25 basis points tonight and in December, as they consider current rates restrictive. If the current strong economic development continues,...
