Dáire Ferguson, CEO at AvaTrade, commented: AvaTrade is committed to empowering people from across the globe to trade in a safe, innovative and reliable environment. The opening of our Polish office will see local traders benefit from a richer trading experience, backed by our best-in-class service, dedicated support and custom-made solutions to fit their trading…
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What to watch Coupa Software: California-based Coupa provides software that helps large companies maintain oversight of how money and resources are spent within their businesses. The firm’s share price has jumped 48% year-to-date and is up almost 80% over the past 12 months, as cloud-based software providers have become an investor favourite with large swathes…
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Tom Higgins, CEO, Gold-i added: We began this partnership at the request of a client who was keen to use the cTrader platform. The integration not only enables cTrader brokers to access the Gold-i Matrix NETwork but also provides increased flexibility and added value for our clients who may wish to use cTrader as an…
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The company expects the performance to revert to normal over the financial year. The revenue and profitability for the full year is expected to be in-line with consensus expectations. David Zruia, Interim Chief Executive Officer, said: We are pleased the business has continued to generate record levels of Customer Income, added over 100,000 new customers…
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OIL The oil price has started the new week in green as investors are celebrating the deal reached by OPEC+ over the weekend. The WTI price for both July and August expiry has now reached and surpassed the psychological threshold of $40, while the general sentiment remains positive as markets are betting on a quick…
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Nearly 83.2% of Gain’s shares issued and outstanding as of 23 April 2020, end of business, were present at the stockholder meeting. Close to 71.2% of GAIN’s shares issued and outstanding voted in favor of adopting the Merger Agreement, making up 85.7% of the votes cast. Gain Capital expects the merger to be completed during…
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What to watch US jobs report: On Friday the Labor Department in the US will release its May jobs report, which includes data on non-farm payrolls, the unemployment rate, and average hourly earnings. The report captures the period ending on the 12th of the month, so will not reflect the start of moves to reopen…
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The Australian watchdog discovered a number of Forex CT clients suffered significant losses in the size of hundreds of thousands of dollars, including from their superannuation accounts, from investing in these products. Forex CT’s AFS licence will continue to end of July to allow setting a dispute resolution scheme in place and to facilitate the…
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The Australia and New Zealand Banking Group Limited (ANZ) announced the sale of UDC Finance, its asset finance business in New Zealand, for NZ$762 million to Shinsei Bank Limited. The sale is inline with ANZ’s strategy to simplify its business and follows a review of UDC Finance. The purchase price represents a price-to-book ratio of 1.2x…
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The provision of risk management tools within the Autochartist trading platform allows traders to immediately see what’s at risk in a predetermined currency value. The platform also offers education for beginners on market volatility and how to maximise profits during volatile markets. Less experienced traders will learn how to set their stop-loss and take-profit orders…
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