Cineworld leaps on US takeover speculation Both the FTSE 100 and FTSE 250 started the week on a positive note, adding 0.3% and 0.6% respectively. In corporate news, Unilever hit headlines, after setting the weekend of November 21 and 22 as the date for the unification of its structure under a single parent company, headquartered…
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Swissquote reported operating revenues of CHF 162.7 million for the first half of the year, an almost 39% increase with the first half of the previous year when it was CHF 117.2 million. Net revenues reached CHF 160.7 million, 43.2% increased to CHF 112.2 million in the previous year. Net fee & commission income climbed…
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OANDA’s Head of Trading, Mark Chesterman commented on the news: Over the course of our 24-year history, OANDA has worked hard to build a reputation for transparency and fairness, and we remain as committed to this ethos as ever. As such, we’ve partnered with FairXchange in order to facilitate open conversations with our liquidity partners using…
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Mike McTighe, IG Group Chairman, commented: When I look back at the repositioning of IG that has taken place over the last 12 months, it’s been an incredible period of both positive progress and continued strategic development. IG is now better placed than ever for the opportunities in front of us. We’ve learned some…
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Dukascopy Bank Visa/MasterCard plastic cards can be used anywhere in the world and can be managed through the company’s mobile and web applications, they are also compatible with Apple Play and Samsung Pay. Dukascopy client current accounts and card accounts are separate. Clients can transfer funds from their current accounts to their card accounts without…
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Legia Warsaw joins Plus500 sponsorship portfolio which already includes Atlético Madrid, BSC Young Boys Football Club and Plus500 Brumbies rugby club. David Zruia, Chief Executive Officer of Plus500, commented: We are delighted to be partnering with Legia Warsaw, a club with a great legacy and an excellent fan base, continuing our commitment to support professional…
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The Trump Administration issued two executive orders last week giving US companies 45 days’ notice to stop dealing with TikTok and WeChat, a Chinese messaging platform owned by Tencent. Trump alleges that the Chinese government has access to user data collected through the TikTok app. Trump said: It can’t be controlled, for security reasons, by…
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What to watch Barrick Gold: While the price of gold has soared from $1,500 an ounce at the start of the year to more than $2,000 now, many gold miners have ridden that wave to even greater heights, as the higher price greatly expands the profit margins they are able to generate. Barrick Gold, a…
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Many foreign banks reportedly started to preemptively refuse accounts of senior Hong Kong officials as early as the end of July. Local politician Bernard Chan, part of the cabinet that Hong Kong’s chief executive Carrie Lam said US banked closed his accounts. Closing of accounts is the first step of banks’ compliance with the US…
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DXtrade offers many of the benefits available from existing bespoke platforms, but with the efficiency of an off-the-shelf platform. It allows for full customisability, with brokers being able to determine everything from the layout and set-up, including the back-end configurations and user interface. FXCM Pro will now provide multi-asset liquidity to retail brokers utilising DXtrade.…
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