Thread: Libertex launches Litecoin and Bitcoin Cash margin trading

Cannabis stocks fall after recent growth on Tilray news


Shares in Canada's biggest cannabis producers were down significantly on Friday. This comes after a period of growth following Tilray's (TLRY) announcement that it had put pen to paper on its first contract to supply cannabis to the European market.
Under the terms of the deal, the company will begin supplying $3.3 million worth of products to the German distributor Cannamedical Pharma from autumn of this year.
Expansion into Europe forms an integral part of the Canadian producer's strategy to increase profits. Back in March, Tilray's management was already talking about shifting its focus towards the US and European markets in a bid to unlock greater growth prospects than the Canadian market could ever offer.
Following this news, Tilray's shares responded by jumping 10% before correcting sharply downwards.
Elsewhere in the market, shares in Canopy Growth (CGC) are still falling relatively rapidly in response to last week's dismal Q1 report, which revealed losses for the company of several billion dollars.
We can expect this current negative outlook to endure over short to medium term as Canadian cannabis stocks continue to correct downwards. With this in mind, we predict share price drops for Tilray, Canopy Growth and Cronos (CRON) to $28-28.50, $25.00 and $11.00 respectively. Meanwhile, we see Aurora Cannabis (ACB) down to $5.00, with Aphria (APHA) also sliding to $6.00.

Canadian cannabis stocks were trading mixed this Tuesday following three consecutive days of losses.
This comes as sector leader Canopy Growth Corp (CGC) is enjoying a period of renewed growth following an upgrade of its shares to neutral by Seaport Global's Brett Handley, with the industry authority commenting that the company's stock looks like a good investment after a series of quick sell-offs over the summer months.
In early July this year, we saw Canopy Growth's shares dumped by investors following the sacking of then CEO Bruce Linton on the initiative of the company's majority shareholder, Corona Constellation Brands Inc. The beverage giant had invested $4 billion in Canopy, but was disappointed by the Canadian company's financials. Constellation has stated that it expects to post a $54.3 million loss in its Q2 report related to its stake in the Canadian cannabis producer.
There was more positive news for the sector as Namaste Technologies announced that it had promoted Meni Morim from acting to permanent CEO of the company, also adding him to its board of directors.
According to our financial scouts, the Canadian cannabis market is likely to continue trading mixed over the short to medium term. As such, they predict Canopy Growth will rise to $25.50, with Aurora Cannabis (ACB) climbing to $6.50. Meanwhile, they see Tilray (TLRY), Aphria (APHA) and Cronos (CRON) all down to $28.00, $6.00 and $11.00 respectively.

Cannabis stocks trading mixed despite news of Tilray deal


Shares in Canada's major cannabis producers are trading mixed this Friday. Tilray (TLRY) appears to be the worst affected after Thursday's announcement of a CAD 110 million deal to buy head-shop chain Four20, which owns and operates six recreational cannabis stores in Alberta. It is hoped that the acquisition, which will see Tilray buy up all of Four20's issued and outstanding shares, will help the cannabis producer expand its presence within Canada. Tilray will pay CAD 70 million for the shares when the deal eventually goes through at the end of Q1 2020, followed by an additional CAD 40 million "subject to the achievement of certain milestones" by Four20.
Prior to this acquisition, Tilray completed another deal with Authentic Brands Group to supply this latter with CBD for use in products for sale in several major retail chains across the US and Canada.
Despite the positive response to reports of a new deal, the company shares continue to fall and could even drop to the $5.00 mark over the short to medium term. Meanwhile, we could see Canopy Growth (CGC) slide to around $24.00 per unit share, with Cronos Group (CRON) and Aphria (APHA) rising to $11.00 and $7.00 respectively.

Cannabis stocks up on sale by Aurora Cannabis of its Green Organic Dutchman holding

Shares in Canada's biggest cannabis producers were up this Friday following Aurora Cannabis's (ACB) decision to sell its 10% stake in Green Organic Dutchman. The deal was done for a price of $3.00 per share, i.e. around 15% lower than the stock's closing price. When the Canadian producer made its original investment in Green Organic Dutchman back in January 2018, it paid just $1.65 a share.
Then, it began selling its shares in October 2018 (for between $5.00-6.00), a programme which it has continued until now.
Elsewhere, the sector also received some negative news in the form of reports from US-based analysts, who estimate that the sector has declined 40-50% from its 2019 highs. The great sell-off began in response to delays in the approval of several mergers and acquisitions scheduled for 2019. This comes after the US Justice Department decided to take a much more aggressive stance in its investigation of any potential anti-trust violations. According to our financial scouts, despite analysts' negative market forecasts, Canadian cannabis stocks could still continue their recent rise. With this in mind, they predict share price increases for Canopy Growth (CGC), Aurora Cannabis (ACB) and Tilray (TLRY) to $27.00, $6-6.50 and $33.00 respectively. Meanwhile, they see Cronos (CRON) up to $12-12.50, with Aphria (APHA) also rising to reach the $7-7.50 mark.

European investors to take cue from positive Brexit developments
European investors are expected to remain optimistic over the short to medium term in light of the recent good news regarding the potential outcome of Brexit. Their confidence in the potential to avoid a no deal British departure from the EU has grown amid reports that Northern Ireland's biggest party is finally prepared to make some concessions to the European Union. Although the claims were quickly denied, this was nevertheless interpreted as a signal that there is still some hope of a UK-EU agreement.
Elsewhere, investors are anticipating a positive outcome from the October US-China trade talks, which they believe will finally bring about some sort of deal between the superpowers. And this optimism would appear justified following a fresh relaxation of trade policy from both sides. US President Donald Trump has already announced his willingness to consider a temporary trade agreement with China covering a wide scope of goods.
Trump's comments came after China announced that it was exempting several categories of agricultural products (including soy beans and pork) from the list of US goods subject to tariffs.
The markets received another boost in the form of a sharp uptick in oil prices. Global oil prices were up markedly following a drone attack on infrastructure belonging to KSA oil and gas company Saudi Aramco.
Meanwhile, the ongoing political turmoil in Hong Kong will likely restrain European investors from stronger market activity amid fresh clashes between protesters and their opponents.

European investors concerned over US and Chinese economic data
Over the short to medium term, European investors will be taking their lead from recent statistics indicating a slowdown in both the Chinese and US economies. The most likely cause of this current situation is the ongoing trade conflict between the two countries.
Perhaps the most significant development has been the sharp drop in China's manufacturing PMI to 52.8 over the month of October. This is a marked deterioration from September, when the index ended the month at 53.7. Nevertheless, it is still above its key psychological threshold of 50. This comes as most analysts are forecasting a slowdown in the country's services PMI to 53.6.
Meanwhile, the latest GDP data from the US tell a very similar story.
Previously, investor optimism had been maintained by the announcement by White House Principal Deputy Press Secretary Hogan Gidley that the US was still on track to sign the first part of the trade agreement with China despite the collapse of the planned meeting between President Donald Trump and PRC President Xi Jinping following the cancellation of the APEC summit in Chile. However, shortly after Gidley's statement, rumours surfaced suggesting that the agreement would not in fact be signed any time in the near future.
Market participants are also hotly anticipating any new Brexit developments. The EU has already agreed to delay the UK's departure for a further three months (until 31 January 2020), a proposition which British Prime Minister Boris Johnson has accepted, albeit reluctantly.
Elsewhere in the news, the FED's latest interest rates decision was largely anticipated and its effect on investor sentiment was thus minimal. The US regulator decided to cut its base rate to 1.5-1.75% from 1.75-2%. Going forward, investors will be waiting for the minutes of this meeting to be released in the hope that they will shed some light on the FED's future monetary policy direction.

[url=https://radikal.ru][img]https://d.radikal.ru/d14/2002/d5/2d01a3218577.jpg[/img][/url]
Forex Club made a strategic partnership with Alfa-Bank
Forex Club, an internationally known leader of the online trading market, signed a mutually beneficial agreement with Alfa-Forex - Russian leader of forex trading which founder is one of the most well-known and respected banks in Russia - Alfa-Bank.
Due to the decision made by the Central Bank of Russian Federation from 27 December, 2018, Forex Club ceased onboarding clients as a broker on the Russian market. However those clients who are interested in proceeding with CFD trading are now encouraged to use MT-5 Alfa-Forex platform which guarantees high reliability and quality of service.
FX CLUB is one of the largest international groups of companies operating in the financial market. Today it consists of multiple entities, brokers, dealers, educational and IT-development centers which allow to operate globally and serve clients from 120 countries.
Founded in 1990, Alfa Banking Group is headquartered in Moscow, Russia. Alfa-Bank is a provider of foreign exchange services to institutional clients with a strategic focus in Russian Ruble and prices available 24/5 at tight spreads. It is regulated by the Central Bank of Russian Federation.

Libertex wins Best Trading Platform in the European CEO Awards 2020

Top financial and business news magazine European CEO has chosen Libertex as the Best Trading Platform of 2020, as part of the prestigious publication’s annual awards for innovation in business.

The highly coveted prize, handed to Libertex CMO Marios Chaillis in London, recognizes Libertex as the leading trading platform on the market today.

Nominated for its high quality product and outstanding client service, Libertex has been operating since 1997 and currently offers the most cutting-edge platform for trading on the financial market 24/7. The winning platform is available as a web terminal or smartphone app, and stands out for its user-friendly design, fast and easy trading experience for beginners and veterans alike, and the security of client funds.



Libertex ‘‘Proud to be recognized as world leader’’

Upon accepting the trophy, Marios Chaillis stated: “We couldn’t be happier to accept this award which acknowledges Libertex as the world leader among the wide range of trading platforms in the market. We are proud to be recognized for our constant effort to deliver the best trading experience to all of our clients, whether they are experienced traders or newcomers, who choose us as their guide to the exciting world of financial markets.”

The European CEO Awards aims to highlight outstanding companies that are pushing the envelope in the business world, and the executives whose hard work and vision make such progress possible. Prizes are awarded according to the following categories: trading, finance, business, consultancy and outsourcing, technology and lifestyle.

Over 30 international awards

With this new award from European CEO, Libertex adds yet another triumph to its ever-growing list of accolades. The company previously cleaned up at the 2018 Forex Awards, scooping both the Best Trading App and Best Crypto Broker prizes. After more than two decades of experience in the financial markets, Libertex’s collection of international awards surpasses 30!

Winners in the market and on the field

With more than 240 trading instruments and over 2.2 million satisfied clients in 120 countries, Libertex is proud to continue to receive acclaim from esteemed international organisations such as European CEO, and most importantly, its customers.

As well as offering top quality guidance to clients in the financial markets, Libertex is also a keen player in the sporting world as the Premium Plus Partner of Valencia CF and Getafe CF, top Spanish LaLiga football clubs, and lucky Libertex clients can enjoy the thrill of VIP accesses to the outstanding performances of these elite clubs in both the national championship and European competitions.

Libertex Group awarded ‘Best Trading Platform, 2020’
and ‘Best FX Broker, Europe, 2020’ by Forex Report

Libertex Group is proud to announce that top financial magazine Forex Report has awarded them two of its prestigious prizes for excellence in the finance industry.
Nominated for the outstanding quality of its product and excellent customer service, Libertex provides technological platforms for trading on the financial market 24/7. The award-winning platform is available as a web terminal or smartphone app, and is consistently rated highly by both forex newcomers and veteran traders for its user-friendly interface, fast and responsive trading experience, and attention to security and client satisfaction.
Libertex CMO Marios Chaillis was happy to receive the awards from Forex Report, stating that: “At Libertex we are always striving for excellence in service to our clients and partners. We set out to build the best trading platform in the world and we are proud to be recognized by the experts at Forex Report. ”
About the Forex Report Awards
Forex Report is an industry-leading publication for financial professionals that serves as a hub for everything you need to know about the financial world. Each year, Forex Report’s team, in partnership with World Finance Banking Awards, recognizes the market leaders among brokers, traders, and technological innovators in the financial sector.
The judging panel, which welcomes recommendations from professionals in the market, takes into account product quality, community contribution and customer service to present the Forex Report Awards to nominees who ‘‘have made the FX community a better place to be.’
Proud holder of over 30 industry awards worldwide
Operating since 1997, Libertex Group is no stranger to accolades, and the veteran broker now adds another trophy to a well-stocked cabinet. The dual awards from Forex Report come not long after Libertex accepted the Best Trading Platform in the European CEO Awards 2020. Previously the company was awarded Best Trading App and Best Crypto Broker 2018 at the Forex Awards. After more than twenty years operating in the financial world, Libertex can boast over 30 international awards.
The killer app for all traders
With more than 240 trading instruments available and a design that’s easy to use for new and experienced traders alike, it’s easy to see how the Libertex app continues to receive awards throughout the years. The trusted broker of over 2.2 million happy clients in 120 countries, Libertex pledges to stay at the forefront of the highly competitive financial market.
Libertex also makes its mark in the football world as the Premium Plus Partner of Valencia CF and Getafe CF, top-tier Spanish LaLiga football clubs. Libertex clients have a chance to win VIP tickets to cheer on these elite clubs in both the national and European competitions.
For more information on Libertex, the company’s platform, features or awards, don’t hesitate to reach out to [email protected]

Libertex signs a strategic partnership with FPM Global family

Libertex is pleased to announce that it is now partnered with Financial Partners Marketing Global (fpm.global) to offer top level services for all its affiliate partners. The agreement, already in effect as of the time of press, will see Libertex affiliates benefit from FPM Global’s expertise in providing bespoke marketing solutions for the finance industry.
The top-tier trading platform for everyone
Libertex is a fast, user-friendly trading platform that enables users to trade on the financial market 24/7 on the web or via smartphone app. The broker offers over 230 financial instruments including stocks, shares currencies, indices, oil and gas, precious metals and more. With over 20 years of financial market and online-trading experience, Libertex has won over 30 international awards, including two accolades for Best Trading Platform from Forex Report and European CEO magazine in 2020.
FPM Global: marketing solutions for finance, forex, crypto
FPM Global is a new affiliate company formed by industry leaders, with a mission to bring the best in affiliate marketing to every kind of financial enterprise. FPM Global’s other partners include StormGain, a trading platform specialized in cryptocurrencies. Libertex, which also supports several cryptocurrencies among other financial assets, is pleased to offer the benefit of FPM Global’s expertise in all sectors of the financial market.
FPM Global and Libertex have confirmed that there will be a ‘seamless takeover’ for existing Libertex affiliates, who have been informed that their existing data, contracts and credentials will remain the same.
Both companies are proud to welcome current and potential affiliates to the FPM Global community. For interested parties, the details about Libertex’s affiliate partnerships can be found here, and information on Financial Marketing Partners Global’s affiliate payment plans here.