Twitter, Amazon lead market rally as stocks snap losing streak Consumer and technology names led a positive day for US stocks, snapping a multi-day losing streak. In the S&P 500, the consumer discretionary sector was the biggest winner with a 3% gain, while the information technology sector was up 1.7% and the communication services sector…
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Gandham has also served as Chief Marketing Officer for UK’s online investment management platform Nutmegtaking. He took it through two separate funding rounds as well as looking after its re-brand. UK’s first self regulatory association for the crypto and blockchain industry, UK Crypto Association was also founded and chaired by Gandham. The association drafted regulatory…
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Before that Chowdhury has held senior roles at ANZ Banking Group and Deutsche Bank, organizing new business development and revenue growth with Asian, as well as international clients. Chowdhury also has extensive experience in design and development of systems for trade execution and market data optimization, including the management of development and technology teams. Christophe…
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GOLD The turmoil on stocks seen earlier this week and particularly the greenback’s recovery are hitting gold. The Dollar Index gained by 1.5% to 94.2, which was enough to generate a sharp fall for the yellow metal. The sharp decline below $1,920 demonstrated a weakness for bullion, something not seen for quite a few weeks,…
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Demetrios Zamboglou, Chief Operations Officer for the group commented: It’s a highly dynamic environment and with volatility remaining elevated across the markets, expanding our current range of products is a given to help our clients in finding new opportunities, hedging in-market exposure and helping them diversify when the need arises. Initially, 100 ETF’s will be…
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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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