Brokers name 3 ASX shares to buy today

Booktopia Group Ltd (ASX: BKG) According to a note out of Morgans, its analysts have retained their add rating but slashed their price target on this online book retailer’s shares to $2.78. This follows the release of a trading update which revealed guidance well short of Morgans’ estimates. This has led to the broker taking an […]

InstaForex Extends Sports Sponsorship Deal with Borussia Dortmund

InstaForex has extended its sponsorship deal with German football club Borussia Dortmund for another game season, the online forex trading platform announced on Thursday. The trading company first inked a partnership deal with the football club in 2019, meaning it will continue to sponsor the club for the third consecutive year. Under the agreement, InstaForex gained the […]

CMC Markets Sees 45% Drop in H1 Net Revenue, Matches Expectation

CMC Markets (LON: CMCX) published its interim results for the six months between April and September, reporting a net operating income of £126.7 million, which is in line with the company’s expectations. The operating income for the half-yearly period decreased by 45 percent compared to the previous year’s £230.9 million. The revenue from CMC’s leveraged trading […]

“Significant concern” for Premier as housing affordability crisis looms

The looming housing affordability crisis in New South Wales could become a major issue for new Premier Dominic Perrottet, with one industry expert calling it a ‘significant concern’ ahead of the next election in the state. The comments come fresh on the back of ABS statistics that show approvals have plummeted in recent months: they […]

Robinhood Might Face a Class Action for Repeated Trading Outages

A group of Robinhood traders has approached a US court seeking certification of class against the trading platform for its repeated outages during the market volatility of spring 2020. As reported by Law360, the class certification represents nearly 7 million funded account holders on the commission-free brokerage platform. Accounts with at least one equity or option position during […]

Orbex Launches 4KG Gold Giveaway

The promotion will see the broker giving away a grand total of 4kg of 24K gold bars over a 12-month period. The bars are worth over $270K and will be split across 24 winners. Running from September 29th, 2021 until October 31st, 2022, the Gold Rush will be divided into four three-month rounds, with 6 […]

Tickmill UK Sees 6% Uptick in 2020 Revenue, Client Number Skyrockets

The UK broker opened 41 percent more trading accounts last year. Tickmill UK Ltd, the British subsidiary of the broader Tickmill Group, has published its yearly financials for 2020, ending on December 31. The broker reported a 6 percent year-over-year jump in its revenue to £8.4 million only from FCA-regulated UK operations. The UK entity witnessed a strong […]

UAE allows property brokerage firms to be 100% owned by foreign nationals

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