Sitharaman Says Trade Barriers A Hurdle to China-India Ties
Why is Man stock climbing today?
Why is Aixtron stock rallying today?
Analysis-Hedge funds’ role comes into focus following European bonds turmoil
BOJ chief flags inflation overshoot risk, stresses importance of 2% anchor
US Stocks Nudge Higher as Caution Holds Sway: Markets Wrap
G7 economies plan simulated AI attacks on banks as cyber fears rise
IMF Sees One More BOJ Hike Toward Neutral, Urges Flexibility
MSCI Freezes Turkey Indexes as Fund Turmoil Fuels Scrutiny
Indonesia Stocks Sink Most in 28 Years on MSCI Downgrade Warning
+31% MTD: Big tech spills over into these AI-picked mid-cap consumer plays
European stocks gain as Schneider lifts sentiment; inflation data awaited
Factbox-Brokerages expect next BOJ rate hike in Dec, further tightening in 2027
Ship-Fuel Crunch Persists Despite More Oil, Vitol Says
Natural Gas consolidates at $3.19 in tight range: Live levels
Gold battles $4,200 resistance amid bear flag signal: Live levels
FTSE 100 today: Stocks slip as Middle East tensions keep oil above $105
Indonesia gets a ’wake-up call’ as MSCI prepares to expel it from global indexes
John Healey signals tax raid on banks in UK Budget
Gold Steady After Warsh Remarks Lower October Rate-Hike Bets
Japan stocks higher at close of trade; Nikkei 225 up 1.66%
Jefferies says this stock remains a top pick among biotech midcaps
German-French Car Pact on Hold Over Berlin’s Job Worries
Why Indonesia Risks Being Removed From MSCI’s Global Indexes
Eurozone CPI Report Released Amidst Steady ECB Interest Rates
UAE to grow more food locally under strategy update
Why Is India Overhauling Its New Closing Auction System: Q&A
Oil eases, but set for weekly gain on Mideast supply risks
Horizons Middle East & Africa 10/16/2026 (Video)
Jupiter’s Richards Shuns Treasuries as High Yields Lure Rivals
Bets on Fed rate hold in October strengthen after Warsh comments
Ithaca Energy CEO Vasques to retire by end of March 2027
Warsh Boosts Market Expectations of Fed Rate Hold in October
UBS exploring options abroad in case Swiss rules prove intolerable, sources say
Taiwan to curb AI chip sales to China for more U.S. alignment- Bloomberg
Top economic adviser says Centerview remains Venezuela’s financial adviser
Malibu and San Diego-Area Fires Burn in High-Risk Conditions
Record Foreign Selling in Indonesia Set to Worsen on MSCI Threat
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.45%
U.S. stock futures steady as AI spending, Fed rate concerns weigh
UK's Healey Set to Raise Taxes on Banks
South Korea Turns to Coal, Nuclear on Winter Gas Squeeze
Gold Steadies After Warsh Remarks Lower October Rate-Hike Bets
Schneider Electric raises 2026 targets again on booming data centre demand
Why is Wipro stock surging today?
Kenya to Fast-Track $1.9 Billion Safaricom-Vodacom Deal Appeal
Kganyago Says Rand Helping Cushion South Africa From Shocks
China Builds Gas Buffer for Winter as Iran War Heightens Risk
Hyundai recalls 94,622 vehicles in U.S. over fire risk
Australia stocks higher at close of trade; S&P/ASX 200 up 1.00%
Analysis-India widens rupee defence to rates, but cautiously
Fed’s Warsh sees US economic tailwinds, mum on rate-path view
Hiding from the everything trade
Dollar weakens as Fed chair Kevin Warsh declines to hint at October rate rise
India’s Rupee Relief Comes With Disruptions in Financial Markets
Delhi Police Tighten Security Ahead of ‘Cockroach’ Rally
Gold steadies as bond rally supports bullion, weaker dollar offers further support
Malaysia Q3 GDP grows 5.3%, slows from Q2
SK Hynix extreme oversold in downtrend: Live levels
Fed’s Warsh says AI boom could boost growth, but warns of bumpy transition
Analysis-Europe’s bond market turmoil shines a spotlight on hedge funds’ role in key markets
Warsh Boosts Market Expectations of Fed Hold in October
Kganyago: SARB Expects S. Africa CPI to Decline in 2027 (Video)
Why Bad News in the Bond Market May Be Good News for Investors
Nidec says considering legal action against executives over accounting scandal
Warsh Vows Price Stability as A.I. Delivers ‘Shock’ to Economy
Fund Managers Halt Inflows After India Court Ruling on Yes Bank
Japan’s Fukoku Mutual Life Counts on Cash to Mitigate Volatility
IEA stock release pushes down oil prices
AvaTrade Acquires FXCM to Enhance Global Trading Presence
AvaTrade, a prominent global online trading broker, has announced a definitive agreement to acquire FXCM, a pioneer in retail Forex trading, from Stratos Group International, LLC, a subsidiary of Jefferies Financial Group Inc. This acquisition will allow AvaTrade to integrate FXCM's established market presence into its multi-asset ecosystem, enhancing its offerings to clients worldwide.
Founded in 1999, FXCM has built a loyal global client base over its 25 years in operation. The acquisition is expected to be completed within approximately 120 days, during which FXCM's assets and business operations will transition to AvaTrade. Daire Ferguson, CEO of AvaTrade, emphasized that this merger aims to shape the future of global online trading by combining FXCM's market expertise with AvaTrade's technological innovations.
The move follows AvaTrade's recent launch of an AI-powered trading platform and reflects the company's ongoing commitment to investing in technology and infrastructure. Ferguson noted that the acquisition aligns with AvaTrade's strategy to expand internationally and broaden its multi-asset offerings, while continuing to support traders at all levels. AvaTrade, established in 2006, is regulated in multiple jurisdictions and has received over 100 industry awards.
Source: KLEA News