LIMASSOL, Cyprus , Feb. 7, 2012 /CNW/ - MetaQuotes Software Corp. has released the mobile version of its well loved MetaTrader 4 Trading Platform for iOS powered devices. This powerful online trading Application is now available to all iPhone, iPad and iPod Touch MetaTrader 4 traders. MetaTrader 4 already supports over 350 brokerage firms worldwide and soon to add more. Click here to read more.. »
Record breaking run continues at 888
LONDON (ShareCast) – Online gaming solutions provider 888 said trading in 2012 has continued atrecord levels, construction on the strong performance in the closing quarter of 2011. Fourth quarterrevenue was up 28% to $91m from $71m in the corresponding quarter of 2010. As at 31 December 2011, 888 had 10.6m casino, poker and sport registered customer accounts, excluding those running virtual “try before you buy” accounts, representing an increase of 22% from 31 December 2010. The business to consumer (B2C) side of the business saw revenue jump 32% to $79m from $60m in the fourth quarter of 2010, while the Dragonfish business to business (B2B) arm grew revenue by 6% to $12m from $11m the year before. “Strong trading was led by an brilliant performance in our B2C Casino & Poker, and is the successful result of an increased strategic focus on our core competencies and the stand out success of Poker 6,” suggested Deputy Chairman Brian Mattingley. Trading in 2012 continues at record levels, with the average day after day revenue during the first 35 days of 2012 25% higher than the average during January 2011 and 2% higher than the average during the record closing quarter of 2011. Day after day average new customer recruitment increased by more than 25% compared to the fourth quarter of 2011 while day after day average deposits continued at high levels. As at 30th January 2011 the group had $83m of cash and cash equivalents, and $45m liabilities to customers. Despite the record contravention performance, the shares eased back 0.75p to 56.5p on the day of the trading update. jh
FOREX-Euro short-squeeze rally on hold; eyes on debt auction, data
TOKYO, Jan 4 (Reuters) – A small-squeeze revive in the euro stalled in Asia on Wednesday ahead of debt auctions in Germany, with market players dubious about the euro zone’s plans to fend off a independent debt crisis as some countries face huge debt refinancing needs.
The euro is meeting resistance after posting its largest one-day revive in nearly two months on Tuesday as investors heavily trimmed bearish positions in the common currency after upbeat data bolstered risk appetite. Click here to read more.. »
FOREX-Euro falls as Bund auction raises funding concerns
NEW YORK (Frankfurt: A0DKRK - news) , Jan 4 (Reuters) – The euro slipped to a near one-week low against the dollar on Wednesday after a muted German Bund auction raised concerns about demand for euro zone independent debt and the potential for higher borrowing costs for already troubled economies.
While the German 10-year auction was an improvement on a similar debt sale in November (Stuttgart: A0Z24E - news) , which had raised fears the bloc’s debt crisis was spreading to its strongest state, it was not enough to allay concerns. Click here to read more.. »
FOREX: Euro Trend Hinges on Merkel / Sarkozy Meeting, French Bill Sale
The near-term outlook for the Euro, the US Dollar and most major currencies hinges on the sentiment impact of a meeting linking French and German leaders.
Talking Points
- US Dollar Seesaws with Risk Sentiment Trends in Overnight Trade
- Fed’s Bullard Says Additional QE Unlikely as US Recovery Firms
- Markets’ Focus Turns to Merkel / Sarkozy Meeting, French Bill Sale Click here to read more.. »