Monthly Archives: October 2021

Facebook’s CEO, Mark Zuckerberg, has announced that beginning on December 1st, Facebook will be rebranded as Meta Platforms Inc and will be switching the ticker FB to MVRS

Written on October 29, 2021 at 3:50 am, by

Market Focus   U.S. equity markets bounced back strongly on Thursday as upbeat economic data and stellar corporate earnings results boosted market sentiment. The S&P 500 gained 1% to close at another record high of 4596.42. The Nasdaq gained 1.4% to close at 15448.12, and the Dow gained 0.7% to close at 35730.48. Since earningsContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on October 28, 2021 at 5:23 am, by

Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading

The bank of Canada announced major changes to its quantitative easing measures, they announced the end of its bond-buying program and an accelerated timetable for rate hikes

Written on October 28, 2021 at 3:02 am, by

Market Focus The broad U.S. equity markets retreated during Wednesday’s trading. Indices fell from their previously recorded closes. The S&P 500 lost 0.51% to close at 4551.68, the Dow lost 0.74% to close at 35490.69, and the Nasdaq traded sideways to close at 15235.84. Wednesday’s market retreat was led by the energy sector as oilContinue Reading