The Depository Trust & Clearing Corp. has reduced fees for its mutual fund and insurance services.
Fund/SERV and Networking, the firm’s two highest volume services for the mutual fund industry, have reported fee decreases of $18.4 million. Both services are provided by the National Securities
Learn more about reprints and licensing for this article.
Skeptics says products often fare worse than simpler alternatives.
Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.
Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.
The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.
Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.
