The following article was prepared for LeapRate by ATFX's market analysts. Alibaba after a strong earnings report in November plans to issue 500 million new shares plus an additional 75 million “greenshoe” option next week. The greenshoe gives the underwriters the ability to sell more stocks than the original amount set, of those 500 million…
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ASIC regulated multi asset online trading provider, ACY Securities has announced that it has added Alla Darwish to its team as its new Head of Global Brokerage. Darwish has more than 12 years’ experience in sales and business development in the global FX and CFD markets. He will be responsible for recruiting, managing and growing…
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Citi has named Daniel Young its Head of equities for Australia and New Zealand, Australian Financial Review reported earlier today. Daniel Young has been at the bank for more than 14 years. Between his two periods at the investment bank, he worked for a handful of years at UBS. Young is going to replace Adam…
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Financial technology provider Spotware has just announced the release of its cTrader Web 3.4 version. The update comes equipped with further tools for improved trader convenience and interface personalization. The Pencil Tool and brand-new extensions of the Line Study Tools aim to ensure brokers can provide their traders with even more analytical flexibility. Panagiotis Charalampous,…
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The retail forex trading industry has come a long way over the past two decades. One of the pioneering firms that has observed the evolution first hand, participated in it, and influenced it was Forex Capital Markets, known more familiarly as FXCM. The brokerage has endured both good and bad times, had to exit the…
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UK online trading leader IG Group Holdings plc (LON:IGG) is barely into its new fiscal year, and it is already making major shifts in its U.S. executive suite, as it rolls out its new strategy for leveraging its hard-won re-entry into the U.S. marketplace. The London-based giant in the spreadbetting and CFD trading arena, had once been…
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Charles Schwab Corporation, one of the largest brokerage firms in the US, has set its sight on TD Ameritrade (TDA) in a potential $26 billion acquisition. When the news broke today, both companies saw their share prices go up (Charles Schwab went up by roughly +3.5%, while Ameritrade - by +7.0%). According to press, the…
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McKay Brothers International (MBI) has announced that it has now added Shanghai and Hong Kong as trading centers for its Asia services. The company now offers connectivity at the lowest known commercial latency between the Tokyo-CC2 data center and trading centers in Shanghai and Hong Kong. MBI has also improved the latency its hybrid microwave/fiber service…
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Andrei Amialkovich has been added to LegacyFX’s team as Regionals Director of the Belarus branch. LeapRate reminds that LegacyFX BY, the Belarus branch of A.N All New Investment Ltd, recently joined the Financial Market Development Association (ARFIN). Amialkovich will be developing and implementing an overall LegacyFX’s marketing strategy, directly engaging and managing the marketing and…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 20, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: BTC Drops to Lowest Level Since October: This below-$8000 level suggests markets hitting bear market territory. On the flip…
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