Author: Charlotte

Covering the stock, forex, cryptocurrency, and index markets, providing automated quantitative trading and strategy management services. New York, NY, June 09, 2026 (GLOBE NEWSWIRE) — MoneySimpler announced the launch of its cross-market AI trading bot, providing automated quantitative trading and strategy management services for the equity, forex, cryptocurrency, and index markets. The platform integrates AI analytics, quantitative strategies, and automated execution capabilities, supporting multi-market strategy deployment and real-time monitoring.MoneySimpler AI trading bot aims to help users manage cross-market trading strategies more efficiently, providing a unified platform for market analysis, strategy execution, and trade management, thus comprehensively upgrading the automated trading…

Timing the market is hard. Timing it poorly, at scale, with billions of dollars, is an art form that even the most sophisticated players apparently haven’t mastered. Goldman Sachs prime brokerage data reveals that hedge funds bought global equities at the fastest net pace in four months during the week ending June 4, 2026. Long buying outstripped short selling across nearly every major region, with nine out of eleven global sectors seeing net accumulation. The buying was driven primarily by single stock positions and macro products. Then June 5 happened. The Nasdaq Composite plunged 4.18% in a single session, shedding…

Jun 9, 2026 GFH Bank revealed on June 9 that it had entered into a strategic memorandum of understanding with Octo Management Consultancies. The collaboration is designed to create a logistics and industrial real estate platform worth $300 million, covering the UAE and Saudi Arabia.According to senior GFH representatives at the signing event held during the 2026 Saint Petersburg International Economic Forum, the venture aims to leverage robust growth drivers in the GCC’s logistics and industrial sectors. These drivers include the swift rise of e-commerce, localization of supply chains, expansion in manufacturing, and significant infrastructure projects in both nations.Per the…

When ancestry becomes a poor substitute for economic analysis | TheCable error: Content is protected from copying. Source link

Janus Henderson has agreed to acquire Frankfurt-based private markets investment manager Rantum Capital, strengthening its presence in Germany and expanding its private credit and private equity capabilities across Europe. Founded in 2013, Rantum Capital provides private debt and private equity financing solutions to family and entrepreneur-owned small and mid-sized companies in Germany, Austria and Switzerland. The firm has raised around €1.2bn across its private credit and private equity strategies. Janus Henderson said the acquisition would increase its scale and local presence in Germany, one of Europe’s largest institutional investment markets, while extending its reach among institutional investors across the DACH…

Yuga Labs just played firefighter for the NFT world. The company behind Bored Ape Yacht Club executed a white-hat rescue operation, pulling 68 high-value NFTs out of Flooring Protocol after a critical smart contract vulnerability was discovered. CEO Michael Figge confirmed the operation via X, calling it a strategic intervention to protect assets worth over $500K. The haul included 29 BAYC NFTs, 4 Mutant Ape Yacht Club pieces, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, 2 Doodles, and 1 BAKC. The bug that created ghost owners The vulnerability centered on a critical flaw in how Flooring Protocol’s…

Tuesday 09 June 2026 1:09 pm Tax adviser Ryan London HQ based in High Holborn Private equity-backed tax specialist Ryan says its value-based pricing is built for the age of AI, unlike competitors that depend on traditional hourly billing.Most of the professional services sector operates under the billable-hour system, in which the specific amount of time spent working on client tasks can be invoiced. But the rise in AI use at firms, including consultancy and law firms, is prompting more clients to question their advisers’ hourly rates, forcing the sector to reconsider traditional billing methods.Tom Shave, president of Europe and…

Northern Trust announced its formal application for exemptive relief to offer Exchange-Traded Fund (ETF) share classes alongside existing mutual fund share classes for certain adviser series within its two sponsored series trusts: Advisers Investment Trust and Datum One Series Trust®. Filing these applications demonstrates Northern Trust’s commitment to providing asset managers with support and flexibility to meet the evolving preferences of their investors. “ETFs continue to be a significant area of growth in the registered funds market,” said Phil Nanof, head of ETF Services, Americas at Northern Trust. “This capability would extend our ETF servicing framework within the multiple series…

Introduction Fan tokens are blockchain-based utility cryptocurrencies issued by sports clubs, national teams, and entertainment brands that give holders voting rights on club decisions, access to exclusive rewards, and a deeper digital connection to the teams they love.   Unlike Bitcoin or Ethereum, fan tokens are not designed to be money or a foundational network — they exist to turn passive supporters into active stakeholders. With the 2026 FIFA World Cup kicking off on June 11 across the United States, Mexico, and Canada, fan tokens have become one of the hottest narratives in crypto, sitting at the intersection of sports…

The Member of Parliament for Nhyiaeso Constituency in the Ashanti Region, Stephen Amoah, has called for a fundamental shift in Ghana’s economic system, arguing that the country’s current free market economy is failing to improve the living standards of ordinary citizens despite recent positive economic indicators.Speaking in an interview on OKAY FM on Monday, June 8, 2026, Dr Amoah said the government’s recent economic gains and impressive macroeconomic figures have yet to translate into tangible benefits for many Ghanaians.According to him, the prevailing free market economic system has enabled widespread profiteering among traders, resulting in persistently high prices of goods…