BMO Capital Markets to Donate C$1.6 Million Following 16th Annual Equity Through Education Trading Day

  • Annual program donates a day’s worth of trading commissions generated by BMO Capital Markets globally
  • Has raised over C$26 million and supported more than 5000 students since 2005

TORONTO, NEW YORK and LONDON, Sept. 24, 2020 /PRNewswire/ – BMO Capital Markets today announced that its 2020 Equity Through Education trading day raised C$1.6 million toward educational assistance for students in North America and the UK.

Every year, BMO Capital Markets donates a day of institutional equity trading commissions from the U.S., Canada and the UK to charities helping under-privileged students through scholarships, bursaries and other academic programs. Since the program’s introduction in 2005, over C$26 million has been raised and more than 5000 students have been provided with greater access to education.

“I’m proud of our Equity Through Education trading day, an annual event that helps us to boldly grow the good, even during these extraordinary times,” said

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Naga Appoints World-Renowned Financial Markets Lecturer Andreas Thalassinos as Director of Education

His deep passion for trading and technical analysis led him to study the financial markets from a mathematical and mechanical perspective. Gathering incredible insights into the technical aspect of trading over the years, Mr. Thalassinos became an active advocate of algorithmic trading, adding the development of hundreds of automated systems, technical indicators, and trading tools. His trading products are used today by forex brokers, investment firms, traders and investors worldwide. 

His latest research paper, titled “Anatomy of a living trend: Swing charts, High Points and Low Points, Peaks and Troughs and how their underlying structure may define their forecasting strength” clearly explains the technical aspects of trading, delving deeper into trend identification, chart patterns and how to identify them with precision, serving as a useful resource for traders and investors, regardless of where they are on their trading journey. 

Joining NAGA, the Hamburg-based fintech accelerator and social trading platform, Mr.

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Educate Your Board on Subordinated Debt Markets Now

Over the last year, and in particular since the 2019 novel coronavirus (COVID-19) pandemic arose in March, there has been a significant increase in subordinated debt (sub debt) issuances by bank holding companies. According to S&P Market Intelligence, from May through August of this year there were 66 sub debt issuances totaling $3.9 billion. During the same period in 2019, there were 13 issuances totaling $832.5 million. These numbers are based on publicly available information and likely underreport the total number of sub debt issuances to some degree.

This trend holds true within our local Midwest region as well. As shown in the chart below, long-term borrowings (including sub debt) for bank holding companies with less than $3 billion in consolidated assets increased 16.4 percent from June 30, 2019, to June 30, 2020. We expect that percentage to increase further when year-end FR Y-9SPs are filed.

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