Factbox-Hedge funds reap June gains by piling into short bets but lose on oil, sources say

America has just crossed a monumental milestone, celebrating its 250th birthday. And, as the fireworks fade, there’s no better way to carry on the celebrations than by taking a stroll down memory lane to where it all began—and, more specifically, where those who founded our nation were living when they did so. To truly understand…

CIRO’s president and CEO, Andrew Kriegler, welcomed the organization’s expanded role overseeing mutual fund representatives in the province. “We are honoured to expand our involvement in the regulatory oversight of mutual fund representatives in Québec. With today’s announcement, we have created greater regulatory clarity and a single point-of-contact for mutual fund dealers and their representatives,…

Eagle Hills’ inaugural syndicated financing delivered a bold $1 billion injection of Shariah-compliant liquidity into the Gulf’s property market. The debut not only underscored the company’s growing capital requirements as it scales projects in the Gulf Cooperation Council (GCC), Central and Eastern Europe (CEE) and Africa, but also signalled lenders’ confidence in its expansion strategy….

Multi-asset CFD broker Vantage has launched XAUUSD247, a new over-the-counter gold CFD product available 24 hours a day, seven days a week, including weekends. The move comes as demand for round-the-clock precious metals trading continues to grow and as the CME Group recently announced plans to expand trading of certain gold futures contracts to 24/7. …

The “Magnificent Seven” cohort is made up of seven of the largest tech stocks in the world. The seven members are (ranked from largest to smallest by market cap): Nvidia (NVDA +0.84%) Alphabet (GOOG +0.54%) (GOOGL +0.50%) Apple (AAPL +0.99%) Microsoft (MSFT 1.71%) Amazon (AMZN +0.21%) Tesla (TSLA +2.97%) Meta Platforms (META +0.93%) Up until…

Orion has announced attainment of the ISO/IEC 42001 certification, an international standard for artificial intelligence management systems. It becomes the second provider in the advisor technology sector to have achieved the certification. Risk and all-in-one platform provider Nitrogen announced thecompany’s completion of the rigorous process back in March, according to CEO Dan Zitting. The certification,…