Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 21, 2020. On Thursday, Wall Street giant Morgan Stanley announced that it is buying online broker E*Trade in a $13bn all-stock deal, which gives the firm direct-to-consumer exposure that it has been lacking versus some of…
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Wall Street giant Morgan Stanley (NYSE: MS) announced on Thursday that it will acquire E*TRADE Financial Corporation (NASDAQ: ETFC), a financial services company and pioneer in the online brokerage industry, in an all-stock transaction valued at approximately $13 billion. E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each E*TRADE share, which represents per share…
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Australian Securities Exchange (ASX) has announced that it has teamed up with S&P Dow Jones Indices (S&PDJI) to launch the S&P/ASX All Technology Index (All Tech Index), ahead of its go-live on Monday, 24 February. The new index captures ASX-listed companies in the fast-growing technology sector. ASX CEO and Managing Director, Dominic Stevens, said that…
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The Cyprus regulator CySEC has earlier today warned investors about the following websites: naga-markets.online icfxmarkets.com caliburcapital.net According to the regulator, these websites do not belong to an entity which has been granted an authorization for the provision of investment services. CySEC once again urged investors to consult its official website before conducting business with investment…
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FX, CFD and crypto trading provider FXCM Group, LLC has earlier this week announced the launch of an API-powered integration with TradingView, Inc., the all-in-one financial platform for traders in the equity, cryptocurrency, futures, and FX markets. The partnership means that FXCM users will now be able to execute orders directly from the TradingView platform.…
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Canadian regulator BCSC has recently issued several warnings against the company Bitprimeprofx. Bitprimeprofx purports to be based in New York and claims to offer an online trading platform via its website http://www.bitprimeprofx.com. The regulator recently became aware that Bitprimeprofx accepted funds from a British Columbia (BC) resident. However, the company is not registered to trade…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 21, 2020. This is not a trading advice. See details below: EUROPEAN SHARES Stock markets drifted lower on Friday in Europe, extending yesterday’s losses as many investors switched their exposure from risky assets to safe havens on the fresh advance of the coronavirus.…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 20, 2020. Stock prices are continuing to grind higher despite the ongoing coronavirus epidemic and warnings from companies including Apple and Adidas, with the latter revealing yesterday that its business activity in China has tumbled by…
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Investment industry leaders from New Zealand were gathered in Auckland last night to debate whether passive or active fund management was best. The debate was hosted by Financial Markets Authority (FMA), on topic: ‘passive management gives investors the best outcome’. Most KiwiSaver funds and managed funds in New Zealand favor active management, however passive management…
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BidFX, electronic foreign exchange trading solutions provider, announced a big upgrade to its mobile app to answer global demand for secure management and trade of spot FX, forwarding and NDF positions anywhere in the world, at any time. Global SAAS technology provides users with access to BidFX’s trading functionality to watch the market and manage…
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