OIL The demonstrations seen in Washington had little impact on the oil price, generating a quick fall to $49.50 for the WTI benchmark, which was easily absorbed by the markets. The price has since jumped strongly back above $50 and in the first few hours this morning continued the recovery, reaching $51 while Brent is…
Read moreWe recognized the huge diversity in markets across the APAC region. We listened to our clients and customised our offerings to deliver the best products for all our market participants. Our trading environment is second to none and our client base in the APAC regions delivered significant trading volume in 1H 2020, giving us the…
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Gary Pettit, Chief Executive Officer UK, ED&F Man Capital Markets, commented: Our collaboration with Ballinger is a perfect example of our ability to be nimble, entrepreneurial and to work with partners to bring together best in class solutions for our clients. I am sure that this will be the first step of many in our…
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OIL The oil price is rebounding on the unexpected outcome of the OPEC+ meeting. The real surprise was Saudi Arabia announcing a voluntary cut of 1 million barrels a day that will be put in place over the next two months. The market reaction showed enthusiasm for the decision, with oil jumping by 5% to…
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The company stated: Verification can take up to 24 hours to be processed, so please get started before 8 January 2021. If you don’t verify your identity in time, we won’t be able to transfer your account(s) to IG Europe and we may need to close them. When the transfer process is complete, the company…
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Edgewater Markets announced the expansion of its technical team in September, with two senior hires joining the firm to work on the company’s white label product offering. Abrahams will bring continued focus on the quality of Edgewater Market’s technical offering. Edgewater’s suite of proprietary electronic pricing technologies is operated out of LD4, NY4, TY3 and…
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Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The latest improvement is only the latest of a series of ongoing positive changes that we aim to continuously apply. Decreasing trading costs creates a more favourable environment especially for active traders who are constantly opening and closing positions in the…
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Cboe Global Markets Chairman, President and CEO Ed Tilly said: Through our successful collaboration on Cboe LIS, Cboe and BIDS Trading have established a proven track record in delivering best-in-class block trading capabilities for European equities. We are excited to have Cboe's reach extend into the off-exchange segment of the U.S. equity markets through its…
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EUROPEAN SHARES European markets had a mixed opening on Tuesday after the biggest sell-off of the first trading session of a year since 2016. Despite vaccines being deployed, record virus numbers in many areas as well as full lockdowns in a few hotspots, like England, are denting this week’s market sentiment. While many traders keep…
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The directorial change announcement followed a report of strong results for the company for 2020. Plus500 announced a record performance in FY 2020, with revenue expected to reach $872 million (In Q4 2020 the revenue was approximately $91 million). The company plans to publish its preliminary results for the financial year on 17 February. David…
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