On 13rd of September ECSIF was invited to CME Group in London to participate at the FINECOBank platform launch on the UK market.
The event was opened by Erik Norland - Executive Director & Senior Economist at CME Group with a very interesting presentation on "Futures Markets in a Time of Policy Tightening and Trade Wars". Erik talked about the FED monetary policy, inflation and unemployment in US and Eurozone, focusing on the Unemployment Yeld Curve Cicle 2006 - 2016. Another topic were: the dollar cought in a monetary vs fiscal policy tug of war; emerging market currencies & agricultural prices; impact of trade war and debt on China.
The presentation of the FINECO Bank platform was led by Daniel Gramza, President of Gramza Capital Management. Dan Gramza has over 30 years experience in trading futures, option on futures and stock options and cash markets around the world, was apointed as expert in US Federal Court, set up stock and futures prop trading operations, co-invented two issued security patents and one in pending, co-invented currency ETF. Allong his carrer, Dan worked with traders from over 36 exchanges, 450 institutions and 35 countries. Daniel presented the elements of futures contracts, and demonstrated various inter-relationships between different futures markets (i.e stock markets and gold). Also, in final, Dan presented one of its own strategies developed arround the behavioral japanese candle constructions.
About FINECO Bank:
FinecoBank is UniCredit Group's direct multichannel bank.
It has one of the largest financial advisory networks in Italy and is the number one broker in Europe for equity trades in terms of volume of orders.
FinecoBank has built an integrated business model offering customers its One-Stop-Solution: Fineco combines services including direct banking, credit, financial advice and brokerage in a single free account.
With its fully integrated platform, also available via App, FinecoBank is the benchmark for modern investors.
Fineco launched its services in the UK in mid-2017, after having received authorisation from the Financial Conduct Authority and the Bank of England’s Prudential Regulation Authority.
Fineco’s mission is to simplify customers’ lives when dealing with financial services, and has developed a very powerful yet user-friendly platform.
The value offered to UK residents leverages its “One-Stop-Solution” model that allows customers to manage all their financial needs through a single account, ranging from banking to brokerage and investing services, available through the website or its mobile platforms.
As an example, one of the stronger features of Fineco’s service is its multicurrency account allowing customers to hold up to 4 currencies (GBP, EUR, USD and CHF), and manage money conveniently thanks to a fair conversion fee (only 15 pips). Fineco also offers a GBP or EUR Debit Card accepted worldwide, with free withdrawals, payments and international bank transfers.
About CME Group:
As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. Through its exchanges, CME Group offers the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. CME Group provides electronic trading globally on its CME Globex platform. The company also offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives through CME Clearing. CME Group’s products and services ensure that businesses around the world can effectively manage risk and achieve growth.