Rough week for small-cap UK stocks Small and mid-sized London-listed stocks faced a far tougher week than their large cap counterparts last week, with the FTSE 250 index sinking 4.5% to the FTSE 100’s 1.2% drop. After UK banks were forced to scrap billions in dividend payments, we’ve seen a corresponding impact on company plans…
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The current situation of elevated volatility is reflected very prominently on the chart here. Buying volume increased sharply in the second half of last week and price has now moved into overbought based on both the slow stochastic and Bollinger Bands. There are likely to be short-term opportunities in both directions this week, but buyers…
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OIL Even the best Hollywood movie director would have struggled to imagine the last few days for oil. The dramatic scenario seen last week, with WTI falling below $20 has been followed by a spectacular rebound of 50% in just two trading sessions. This happened when markets realized that the lower price, in conjunction with coronavirus, was…
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Saxo Bank warns that equities face the worse outlook since 2008. The current coronavirus crisis comes just after the US-China trade war put things out of balance and slowed growth. Supply and demand shock come together with oil price war between Russia and Saudi Arabia. The bank expects in the worst-case scenario, that the S&P…
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UK Banks in the spotlight for dragging heels on small business help It was a mixed but relatively flat day for London-listed stocks, with banks again back in the spotlight over concerns that they have been sluggish in issuing emergency business loans to customers under a government scheme launched last week. Late on Thursday, post-market…
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Saxo Bank Group announced lower profit of DKK 40 million net profit this year, but record number of new clients in its 2019 report. Retail FX brokerage group Admiral Markets announced that it has expanded its Premium Analytics portal to include featured trading ideas from Trading Central. Traders can now use Admiral Markets’ Premium Analytics portal to…
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Harry Adams and Carl Jani, Co-CEOs commented: While it is too early to ascertain the full ramifications of COVID-19 on markets and corporates alike, the Group’s high quality, credit worthy client base, risk framework and disciplined liquidity management positions the Group well in pursuit of its long-term growth objectives. Our continued strong performance underlines the…
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The premium accounts condition on Prime have also improved. The minimum deposit amount is now only 100 USD instead of 5,000 USD as it used to be. And the leverage value for professional clients was boosted up to 1:300. Anton Ivanov, a marketing manager at RoboMarkets commented: We’re holding to our course on the improvement…
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Imanishi was previously executive director in Optimisation Japan at CME Group. He also had a position as CEO Asia Pacific, TriOptima where he oversaw TriOptima’s compression and portfolio reconciliation business in APAC. Imanishi has also held a number of positions at Nomura and other banking groups across Australia, Japan and Singapore. Kate Birchall, Head of…
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Nihad Silawi, ICM.com’s Operations Manager, has been appointed to head the new ICM.com office. Silawi is an expert in areas such as trading, investments, financial analysis, business development and strategic planning. As we keep adding to our growing list of regulated entities around the world, we’re incredibly proud of the new office that has opened…
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