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Saxo Bank enhances trading options

  Emirates Business Saxo Bank, the online multi-asset trading and investment specialist, announces that it is launching a combination order ticket for all clients trading contract options. The combination order ticket will enable clients to deploy multi-legged option strategies by simultaneously placing orders to buy and/or sell different options from the same order ticket. Georgio Stoev, Futures and Listed Options ...

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Iceland cuts interest rate as currency advances

Reykjavik / AFP Iceland’s central bank on Wednesday shaved its key interest rate by a quarter of a point to 5.0 percent, citing the krona’s appreciation and political uncertainty following the country’s October elections. Gross domestic product, business investment growth and export growth had all been stronger than projected for the first nine months of the year, the bank noted. ...

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JPMorgan plans structured-note sales via web to cut costs

Bloomberg JPMorgan Chase & Co. is looking to sell structured notes online and is building a website that will help retail brokers offer the securities, according to people with knowledge of the matter, as the largest US bank looks to cut its costs for selling bonds. The bank plans to launch its site as soon as the middle of next ...

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