Plus500 has been repurchasing shares as part of its buyback program from 11 August 2020. The broker recently held an annual general meeting (AGM) where it was decided to add Anne Grim to the Plus500 Board as a Non-Executive director. Plus500 also issued a trading update ahead of the AGM reporting continued good performance for…
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British Airways parent down double digits Similar to the US, airlines and travel names were among the hardest hit in the UK yesterday, when the FTSE 100 closed down 3.4% and the FTSE 250 was off by 4%. Renewed second wave and lockdown fears were the order of the day, with British Airways owner IAG…
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Guy Hopkins, Founder and CEO, FairXchange commented: A fundamental issue that the market currently faces is that financial institutions find it very hard to measure the financial impact of any changes to their liquidity provision. Conversely, Liquidity Providers find it hard to demonstrate the value they can bring to a client, how much more money…
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The reasons why RoboForex opt for MetaQuotes VPS are few. First one is integration with МT5: MetaQuotes VPS is ordered and configured directly from the trading terminal in a few clicks. After setting this one up, all Expert Advisors in the terminal will start working continuously. There is no need to reinstall the terminal, set up the…
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EUROPEAN SHARES European share markets registered a slight rebound on Tuesday, following Monday’s sell-off, while US futures and Asian stocks kept on trading lower led by the financial sector. Even if there are now numerous bearish market drivers, rising Covid-19 numbers in several countries and uncertainty over further US fiscal stimulus are the most important…
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Associate Director in UOB Kay Hian, Augustine Ng commented: Clients are getting more sophisticated in this data driven digital age, We chose TraderEvolution to allow us to fulfil these needs and ensure the scalability of our offering. The software provided by the team enables us to deliver multi-asset trading through different channels within one account…
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Andrew Caplan, Head of Outsourced Trading at INTL Fillmore Advisors, a subsidiary of StoneX Group, sad: Emerging asset managers increasingly turn to outsourced trading desks to meet the challenges of heightened best execution requirements and market structure changes. Our team provides a premium service to these managers, offering our experience and professional buy-side traders as…
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In his new role, Cichowski brings to the German social trading-focused brokerage a decade of experience in the field. Prior to his new appointment at Naga, he worked for eight years at FxPro Group as a dealer. According to his LinkedIn profile, Cichowski left the online broker in April. Before FxPro Group, Cichowski served as…
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Energy stocks lead the week after oil rallies back past $40 a barrel The top line figures for the major US stock indices do not tell the full story of last week. Given their dominance market cap wise, the tech giants can easily swing indices into the red even when other sectors are performing well.…
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Merck’s sales for last year rose 11% to $46.82 billion accomplishing the best annual revenue for the company since 2010. For the fourth quarter of 2020, experts forecast sales to growth of 2.05% to $47.8 billion. Income is expected to increase 9.6% to $5.69 a share. The company has received FDA approval for 63 new…
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