UOB posted 2Q16 net earnings of S$801m, +5.1% YoY and +4.6% QoQ, and marginally ahead of market estimate of S$798m. This was largely driven by higher Non-interest Income, which rose 13.9% YoY and 17.0% QoQ to S$813m. The biggest contributor is higher Net By obtaining membership in Eurex’s clearing house, UOB, Singapore’s third-largest bank by assets, can offer clearing services for trading in Eurex’s flagship Euro Stoxx futures, and in Bund, Bobl and Schatz German government bond futures. The "Trading may be volatile during the day before the U.S. data," said Steven Leung, executive director at UOB Kay Hian (Hong Kong) Ltd. "Hutchison shares are adding to the mood on the Italian merger news.” Premium Narrows Investor bullishness toward stocks Was just looking at this lightly traded stock, which is also the only listed broker in Singapore as well. Its Singapore operations make up the largest source of revenue, followed by Hong Kong then Thailand, so it is exposed largely to South-East Asia and EUR/USD has been trading quietly over the last few days, notes UOB Group. "Despite the generally weak undertone, only a daily closing below 1.0580 would indicate the start of a fresh bearish phase. For now, we remain neutral and expect range trading It will now offer equity trading services. Singapore Exchange (SGX) is pleased to welcome UOB Bullion and Futures Limited (UOBBF) as a Trading Member of its securities market. Chew Sutat, Head of Sales and Clients, SGX, said, “As we continue to encourage .
TradAir, the Israeli company providing software solutions for forex trading announced it will supply the Singapore-based brokerage UOB Bullion and Futures (UOBBF) with its HTML5 cloud based forex, non-deliverable forwards (NDF) and precious metal trading The EUR/USD exchange rate has made a convincing stab above the 1.12 threshold at the time of writing - what does this tell us about the outlook? EUR/USD trades above 1.12 at the time of writing having overcome what was a notable level of resistance having Mainland Chinese investors, who can access the Hong Kong market via a trading link with the Shanghai exchange the market was rallying strongly," said Edmond Law, an analyst at UOB Kay Hian Research. "This year, because the market isn't performing eFX trading technology solutions provider TradAir has announced that it has secured a contract with UOB Bullion and Futures (UOBBF). TradAir will provide the brokerage’s corporate, institutional and professional clients with TradAir’s fully hosted .