Monthly Archives: September 2020

Dear Client, Please kindly note that we will have the Middle Autumn & National Holiday from 1st, October to 11th, October. During the Asia Holiday, business is running normally. Thank you for your understanding and wish you & your family a happy Mid-Autumn Festival. If you have any questions, our team will be glad toContinue Reading

Dear Client, As part of our commitment to providing the best reliability and service to our customers, we are planning an upgrade in our server on Sep 19th – 20th, 2020. As a result, we will be conduct maintenance according to the schedule below. Start date and time: 2020-09-19 01:30 GMT+3(Server time) End date andContinue Reading

Daily Market Analysis Market Focus According to Bloomberg’s observation, the equity market continues to rise amid a flurry of deal activity and signs of progressive toward a coronavirus vaccine. Oracle Corp., in particular, rose 4.3% on reports that indicate the company is beating Microsoft Corp. in acquiring Tik Tok’s United States operations. On the otherContinue Reading

Daily Market Analysis Market Focus U.S. shares continued to swing wildly after a five-month rally came to halt last week, putting the Nasdaq 100 on track for its worst week since March. The tech-heavy index traveled 3% from high to low Friday and was headed for the fifth loss in six days. It’s down 11%Continue Reading

Daily Market Analysis Market Focus After the holiday, the U.S. market plunged heavily. The Nasdaq fell as much as more than 4%, and it is down nearly 10% within three days; major technology companies tumbled as much as 15%, such as Tesla Inc. and Apple Inc. The sell off in risky assets has been concentratedContinue Reading

Dear Client, New contracts will automatically rolled-over as follow. Please note: • The rollover will be automatic, and any existing open positions will remain open. • Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts. •Continue Reading

Daily Market Analysis Market Focus European stocks climbed as market speculated the area could be relatively resilient to the tech-led downdraft in the U.S. sterling sank on concern the U.K. is inching closer to a no deal Brexit. The Europe Stoxx 600 rose Monday with broad gains led by automakers. Oil extended its retreat belowContinue Reading

Daily Position Report Market Focus The S&P 500 Index retreated from a record high and fell more than 4% in afternoon trading, set for its biggest drop since June amid declines in Apple, Microsoft, Amazon and Facebook. The Nasdaq 100 dropped more than 5%, its biggest intraday decline since March. European stocks erased gains andContinue Reading

Daily Position Report Market Focus U.S. market rises along with European market as the nearly relentless rally in risk assets continues, encouraged by some constructive U.S. economic report and moderating COVID-19 inflections. U.S. major indices hold a firm advance after a closely watched report on ADP Non- farm Employment Change on Wednesday morning. Tech shares,Continue Reading

Daily Market Analysis Market Focus U.S. stocks notched fresh records, with tech shares in the lead as investors snapped up work-from-home winners. Zoom Video Communications Inc. led a rally in companies well positioned for stay-at-home orders, while Apple Inc. pulled the S&P 500 Index to a fresh high after August’s blowout gain. The dollar erasedContinue Reading