Instimatch Global Partners with Eiger to Deliver a Fully Automated Trade Workflow for Sharia’a Compliant Transactions
London – 5 May 2021 Instimatch Global (‘Instimatch’), an international digital network for institutional money market lending, has signed a partnership agreement with Eiger Trading Advisors Limited (‘Eiger’), a leading financial technology company specialising in commodity Murabaha trade facilitation and execution services, to offer financial institutions a fully integrated trading workflow for Sharia’a-compliant transactions. Daniel […]
Commodity Supercycle?
The USD slide, least against the EUR and GBP, was halted as divergent economic data between Europe and USA showed a decline in the Eurozone whereas the US economy continues to show signs of recovery with hirings increasing. GBP has its own problems with Johnson’s government chased by accusations of impropriety but the chances of […]
Rates Decisions
The ECB maintained a cautious stance and left monetary policy unchanged – the market perception is that the American FED will follow suit. US data is holding up well and creating a continuing appetite for risk however fears of the Biden administration taxing investment returns dented that appetite. The US$ is not benefitting from risk […]
Back to yields and possibly military engagement
The UK figures take centre stage economically this week with inflation figures and retail sales likely to concern markets and lawmakers most – they will give an indication as to the progress the UK economy is making out of covid. Commodities that have exposure to Russia moved higher on concerns about the ongoing Russian military […]
Greater Hope
Again a holiday thinned week which will likely see more action after the Monday European holiday. However the economic figures coming out of the US in particular are better than expected leading to a weakening of the US$ but higher stocks; as the market reassesses its pessimistic companies earnings. The figures later in the week […]
Yields… yields… yields.
The market is still watching longer-term US Treasury yields. The 10-year rate continued climbing to new highs for the year; reflecting rising confidence in the broader economic outlook as inflation expectations are driven higher. Fed Chair Jerome Powell also appeared to be rather indifferent to the rally in the bond markets. The US Dollar mostly outperformed its […]
Eiger welcomes Steve Moulder to its Board of Directors
London Eiger Trading Advisors Limited (‘Eiger’ or the ‘Company’), a leading financial technology company specialising in commodity facilitation services, announced the appointment of Steve Moulder to its Board of Directors as a Non-Executive Director, effective 15th March 2021. “Steve’s background and skillset is ideally suited to support Eiger’s focus on strong future growth as we […]
Yield Rally Drives All Markets
Investors continued to flee bonds and snap up commodities on hopes the rollout of COVID-19 vaccines will reinvigorate the global economy, sending stocks lower at the beginning of the week.The yield on the benchmark 10-year Treasury rose as high as 1.39%, after rising 14.5 basis points last week.The yield on the 10-year U.K. gilt and […]
Eiger CEO Stephen Openshaw speaks with Islamic Finance News
Eiger CEO Stephen Openshaw spoke to IFN Managing Editor Vineeta Tan about Fintech start-ups and the new market opportunities for commodity Murabaha services. See the news article here See the Podcast here
Eiger adopted a new digital solution by Connectif Technologies Connectif Technologies
Connectif announced that Eiger Trading Advisors, the market leading, UK FCA regulated FinTech firm specialising in brokerage and trade facilitation services for the Islamic financial market, has signed as a client to use its platform, iWAVE. iWAVE provides access and connectivity to all Islamic finance market participants in one place, via a central, secure, digital […]