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Danish investment bank Saxo to launch crypto trading platform in Mideast

DUBAI: Danish trading and investment specialist Saxo Bank is launching a new cryptocurrency product, allowing clients from the Middle East and North Africa to trade crypto coins against some major currencies.
The Crypto FX will allow investors to trade Bitcoin, Ethereum, and Litecoin against euros, dollars, and yen from a single margin account, the bank said in a statement.
The bank’s clients can trade and hedge both long and short exposure in the three major crypto currencies, it said, and they will be in the form of derivatives and not physical coins.
“The offering sits at the intersection of traditional finance and crypto, which is where we see the market evolving as it draws the attention of retail traders and financial institutions,” Kay Van-Petersen, global macro strategist at Saxo Bank, said. ....

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Saxo Bank to launch Crypto FX, enabling MENA investors to trade in cryptocurrencies

Saxo Bank to launch Crypto FX, enabling MENA investors to trade in cryptocurrencies
May 25, 2021
Kay Van-Petersen, global macro strategist at Saxo Bank.
DUBAI Saxo Bank, the online trading and investment specialist, is launching a new cryptocurrency offering enabling clients from the MENA region to trade Bitcoin, Ethereum and Litecoin against EUR, USD, and JPY from a single margin account.
The new Crypto FX offering complements Saxo Bank’s existing range of over 40 different cryptocurrency trackers and ETNs, which so far this year have seen trading volumes exceed the entire turnover for the whole of 2020 – a year in which volumes surged 130%. ....

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Asia stocks steady after US tech rout, yen slips as BoJ stands pat

SINGAPORE: Asian stocks steadied on Friday, taking in stride the resumption of the US technology rout overnight, and European shares look set for a positive start following Thursday’s losses.The Japanese yen remained near a two-week low against the dollar after the Bank of Japan left monetary policy unchanged as expected even as its US counterpart. ....

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5 tips for homeowners for the 2021 housing market

April 09, 2021
Pixabay
Over the past year, the average price for the public housing market increased 4.8per cent, an increase from the 0.1 per cent rise experienced in 2019.
Even with the pandemic restricting activity across a number of industries, the housing prices in Q4 2020 experienced the highest quarterly rise of this decade. The housing market is not going anywhere and we have some helpful tips and insight for anyone looking to buy or sell a property.
Know your market
In 2020, the housing market started with a slight dip in Q1, but rose by 2.2 per cent during 2020 following. Earlier in the year, the country experienced a decline in prices in the central urban locations; however, there was an uptick in the outer areas where the real estate prices increased by 5.1per cent between February and July. ....

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Outrageous predictions for the future

Outrageous predictions for the future
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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